Incblog for Entrepreneurs

The factors that were considered for this include:
> Availability of talent (“it’s all about the startup team”)
> Availability of infrastructure
> Availability of capital (“yes, this minor factor”)
> Legal environment (labor law, corporate law, tax)
> Entrepreneurship spirit (“Yes, people who are looked upon favorably to leave secure jobs and pursue an entrepreneurial journey”)

In view of these factors, he chose these cities as the top 10 in the world…

Delaware is one of the most popular jurisdictions in the United States to form a new company. The state does not have an income tax on business that are formed under its laws but not actually doing business there. However, corporations filed in Delaware must file an annual report each year by March 1, and [...]

Venture capitalists come with expectations that most small businesses cannot possibly meet. They expect that the company will be sold off within about five years, and that one in ten of their companies will score ten times their original investment, a few others will do ok, and most will fail outright. It is the companies that appear to the meet this lofty goal that is called a “startup.”

Whether you are an entrepreneur launching a new startup, or are looking to set up a small business with less lofty goals, David’s list of required skills is very useful:

• Client management and customer service
• Sales
• Making things
• Measuring things
• Communication
• Management
• Recruiting
• Marketing, Branding and PR
• Networking
• Research
• Financial control
• Fundraising

A spate of news in the New York City area confirm the rebirth of the startup and tech sectors. The New York Times has reported that New York’s tech sector has grown, and now surpasses that of Boston, and second only to Silicon Valley in California. Betabeat reported a return of the tech diaspora to New York as well.