To a large extent, that video is an excellent argument for starting new businesses in smaller towns rather than big cities. The downside is that then you have a smaller pool of potential employees, and have to ship anything that you make further to reach customers.
I expect that there's a "sweet spot" where the town has maybe 10,000-50,000 people, which is big enough to support a business but small enough that the bureaucracy hasn't gotten out of hand, and the "guilds" haven't gotten organized to suppress newcomers yet.
Tim, I agree with your comments, but it still is way to hard. Also, my brother had to shut his business over the cost of unemployment insurance imposed by the state.
To a large extent, that video is an excellent argument for starting new businesses in smaller towns rather than big cities. The downside is that then you have a smaller pool of potential employees, and have to ship anything that you make further to reach customers.
ReplyDeleteI expect that there's a "sweet spot" where the town has maybe 10,000-50,000 people, which is big enough to support a business but small enough that the bureaucracy hasn't gotten out of hand, and the "guilds" haven't gotten organized to suppress newcomers yet.
Of course, it could be a lot worse: in most places it takes significantly longer to start a business than it does in the US. The US is way down there at the bottom, at #168 - 5 days. Only Iceland, Canada, and Australia beat us. We just have to make damned sure that it stays that way.
KT, thanks for the link.
ReplyDeleteTim, I agree with your comments, but it still is way to hard. Also, my brother had to shut his business over the cost of unemployment insurance imposed by the state.