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5 of the Best Cities in the World to Run Your Startup

5 of the Best Cities in the World to Run Your Startup

In the startup world, there is no place like Silicon Valley. But while Google engineers are living in the parking lot at work, the rest of the world is stepping up its startup game.

Check out five of the best cities in the world to run your startup:

1. Warsaw, Poland

Poland is right in the middle of the European Union, and it brings the love that Europe has for small business along with the cost and standard of living that entrepreneurs love to the table.

Warsaw is home to funding opportunities, but what makes it unique is the opportunities for those intending to bootstrap their business. In fact, 60 percent of the digital startups in Poland reported bootstrapping their startup. But most of all, low costs in Poland kept them profitable from day one.

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2. Boulder, Colorado

Boulder is a playground for the eco-friendly and the lovers of endurance sports. It also represents one of the brightest beacons of the American entrepreneurial spirit. Back in 2010, Boulder boasted over six times the typical tech startups per capita than the national average.

The result of this entrepreneurial spirit is an economy that depends on itself and not on a single employer. As a result, it is home to venture capitalists and incubators like the famous Techstars.

The best reason to run a startup in Boulder is that, while it is only now becoming well-known for its startup scene, the city has been running in this capacity for years. Since 1960, Boulder has provided a quiet, leafy home to startups that would go on to be huge companies. Ball Aerospace, which was one of the first contractors sought by NASA, and StorageTek, which was purchased by Sun Microsystems for a cool $4.1 billion, were all nurtured here.

3. London, UK

London is the premier place to start up and run a business. As the technology and financial capital of Europe, it offers a vast amount of resources for fledgling businesses in all industries. The cosmopolitan lifestyle and breadth of culture make it an inspiring city to both live and work in.

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London startups may have access to some of the greatest resources in the world including finance and talent. However, they certainly pay for the luxury. London was recently ranked as the most expensive city in the world to run a tech startup.

Fortunately, because it has plenty of resources, startups are not forced to head down the conventional, expensive route. Collaborative offices abound in London, and the UK government has been actively working to lower barriers for startups, which includes funding and relief for entrepreneurs.

As an old saying goes: you get what you pay for. Those who can afford London get access to the global finance system, over a dozen incubators, and the opportunity to set up shop near one of London’s 12 billion dollar unicorns.

4. Tel Aviv, Israel

Tel Aviv is commonly recognized has having a big influence on the global startup scene, but few go far enough to mention what the Mediterranean city really brings to the table.

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Israel is a small country both in land and population, but not regarding startups. According to recent reports, for every one thousand people living in Tel Aviv, at least one person owns a startup.

The city credits this success to a national ethos that rids its residents of the fear of success and encourages them to move on from failures quickly. Plus, with a city full of people all in the same boat, an entrepreneur can run into exactly the inspiration they need by just living their daily life.

5. Singapore

Until recently, Singapore lingered on the periphery of startup scenes. Despite being recognized as a global business hub, it was not experiencing the exponential growth of other cities both in Asia and across the world. But in 2012, the state began working hard to change that. Since then, Singapore has joined the global list of the top 10 startup ecosystems in the world.

Entrepreneurs looking to head to Asia find Singapore an easy place to set up a business. They also find plenty of access to financial and technical resources required for success.

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The downside of Singapore is often cited as its high cost of living, which does not approach London costs but is about equal to the costs of living in a multicultural and cosmopolitan European city. There is also a current lack of tech talent in Singapore compared to other cities. However, considering the rapid growth and investment currently being made here combined with its position in the crossroads of Asia, this could change soon.

There is no place like California. But fortunately for entrepreneurs, there are plenty of places in the world that offer unique ecosystems primed to prepare them for success.

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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