Location Does Not Matter

Seems like lots of people like to talk about how important location is when starting a company.  Well, here’s a thought.

Back when I wrote an article on Keys to Entrepreneurial Success one of the findings that I slipped in was 50 percent of entrepreneurs ranked location as not at all important in determining the success or failure of their business.

This led me to four conclusions.

One, entrepreneurs start businesses that have an opportunity to be successful in their current locale.

Two, entrepreneurs that are busy growing a business don’t care about location.

Three, the vast, vast majority of people that talk about the importance of location are not entrepreneurs that are starting companies.  They are observers or people within a startup ecosystem with a vested interest and an agenda.

Four, location does not matter.

January 10, 2010  |  Comments  |  Tweet  |  Posted in Entrepreneurship, Startups