Wednesday, November 20, 2013

Where to Start Your Startup – Best Value Destinations

Where do you go to build your startup before you get investment?  Places to start your startup that offer the most value for your bootstrap money. Here they are.


The number two reason why startups fail is running out of cash. How can you make sure your cash does not run out before you make money?
Recently, I visited Happy Farm, a startup incubator in a small Ukrainian village. Most people do not think about a village as the land of opportunity. So what are startup entrepreneurs doing in a village? Two things – actually working (as opposed to enjoying city life) and reducing their burn rate. And Happy Farm successfully attracts people even from outside  Ukraine. But why go abroad to do a startup?

Why Go?

Arguably, if you know what you want to build,  you could start your startup anywhere. You could just take your laptop, sit down in your bedroom, shut the door, and build your product. Done. Seems straightforward. But there are good reasons to go somewhere else.For more....

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