Advertising
Advertising

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.

Advertising

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.

Advertising

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.

Advertising

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.

Advertising

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.

More by this author

5 Fixes For Common Sleep Issues All Couples Deal With 8 Signs You Have A Strong Personality That Might Scare Some People How to Achieve Quick Success at Work Even If You’re Lacking in Clear Direction You’ll No Longer Be Fooled by Skillful Liars If You Know This Concept How I Kill Boredom at Work to Regain My Productivity

Trending in Entrepreneur

1 How to Write a Mission Statement That Empowers Your Employees 2 How to Succeed in Business: 10 Skills Every Entrepreneur Needs 3 How to Start an Online Business That Will Grow and Succeed 4 9 Essential Tips for Starting Your Own Business 5 How to Start a Small Business From the Ground Up That Thrives

Read Next

Advertising
Advertising
Advertising

Published on November 12, 2020

5 Signs You Work in a Toxic Environment (And What To Do)

5 Signs You Work in a Toxic Environment (And What To Do)

What’s the most draining, miserable job you’ve ever had? Maybe you had a supervisor with unrealistic demands about your work output and schedule. Or perhaps, you worked under a bullying boss who frequently lost his temper with you and your colleagues, creating a toxic work environment.

Chances are, though, your terrible job experience was more all-encompassing than a negative experience with just one person. That’s because, in general, toxicity at work breeds an entire culture. Research shows abusive behavior by leaders can and often quickly spread through an entire organization.[1]

Unfortunately, working in a toxic environment doesn’t just make it miserable to show up to the office (or a Zoom meeting). This type of culture can have lasting negative effects, taking a toll on mental and physical health and even affecting workers’ personal lives and relationships.[2]

While it’s often all-encompassing, toxic culture isn’t always as blatant or clear-cut as abuse. Some of the evidence is more subtle—but it still warrants concern and action.

Have a feeling that your workplace is a toxic environment? Here are 5 surefire signs to look for.

1. People Often Say (or Imply) “That’s Not My Job”

When I first launched my company, I had a very small team. And back then, we all wore a lot of hats, simply because we had to. My colleagues and I worked tirelessly together to build, troubleshoot, and market our product, and nobody complained (at least most of the time).

Advertising

Because we were all in it together, with the same shared vision in mind, cooperation mattered so much more than job titles. Unfortunately, it’s not always that way.

In some workplaces, people adhere to their job descriptions to a fault:

  • Need help with an accounting problem? Sorry, that’s not my job.
  • Oh, you spilled your coffee in the break room? Too bad, I’m working.
  • Can’t figure out the new software? Ask IT.

While everyone has their own skillset—and time is often at a premium—cooperation is important in any workplace. An “it’s not my job” attitude is a sign of a toxic environment because it’s inherently selfish. It implies “I only care about me and what I have to get done” and that people aren’t concerned about the collective good or overall vision.[3] That type of perspective is not only bound to drain individual relationships; it also drains overall morale and productivity.

2. There’s a Lack of Diversity

Diversity is a vital part of a healthy work environment. We need the opinions and ideas of people who don’t see the world like us to move ahead. So, when leaders don’t prioritize diversity—or worse, they actively avoid it—I’m always suspicious about their character and values.

Limiting your workforce to one type of person is bound to prevent organizations from growing healthily. But even if your work environment is diverse in general, the management might prevent diverse individuals from rising to leadership positions, which only misses the point of having a diverse work environment in the first place.

Look around you. Who’s in leadership at your company? Who gets promotions and rewards most often? If the same type of people gets ahead while other individuals consistently get left behind, you might be working in a toxic environment.

Advertising

However it manifests in your workplace, keep in mind that a lack of diversity is a tell-tale sign that “bias is rampant and the wrong things are valued.”[4]

3. Feedback Isn’t Allowed

Just as individual growth hinges on being open to criticism, an organization’s well-being depends on workers’ ability to air their concerns and ideas. If management actively stifles feedback from employees, you’re probably working in a toxic environment.

But that definitely doesn’t mean nobody will air their feelings. One of the telltale signs of toxic leadership is when employees vent on the sidelines, out of management’s earshot. When I worked in a toxic environment, coworkers would often complain about higher-ups and company policies during work in private chats or after work hours.

It’s normal to get frustrated at work. That’s just a part of having a job. What isn’t normal is when dissent isn’t a part of or discouraged in the workplace. A workplace culture that suppresses constructive feedback will not be successful in the long run. It’s a sign that leadership isn’t open to new ideas, and that they’re more concerned about their own well-being than the health of the organization as a whole.

4. Quantifiable Measures Take Priority

Sales numbers, timelines, bottom lines—these metrics are, of course, important signs of how things are going in any business. But great leaders know that true success isn’t always measurable or quantifiable. More meaningful factors like workplace satisfaction, teamwork, and personal growth all contribute to and sustain these metrics.

Numbers don’t always tell the whole story, and they shouldn’t be the only concern. Measure-taking should always take a backseat to meaning-making—working together to contribute to a vision that improves people’s lives. If your workplace zones in on quantifiable measures of success, it’s probably not prioritizing what truly matters. And it’s probably also instilling a fear of failure among employees, which paralyzes employees instead of motivating them.

Advertising

5. The Policies and Rules Are Inconsistent

Every organization has its own set of unique policies and procedures. But often, unhealthy workplaces have inconsistent, unspoken “rules” that apply differently to different people. When one person gets in trouble for the same type of behavior that promotes another person, workers will feel like management plays favorites—which isn’t just unethical but also a quick way to drain morale and fuel tension in the office.[5] It only shows how incompetent the leadership is and indicates a toxic workplace.

For example, maybe there’s no “set” rule about work hours, but your manager expects certain people or departments to show up at 8 am while other individuals tend to roll in at 9 or 10 am with no real consequences. If that’s the case, then it’s likely that your organization’s leadership is more concerned with controlling people and exerting power rather than the overall good of their employees.

How to Deal With a Toxic Work Environment

The first thing to know if you’re stuck in a toxic work environment is that you’re not stuck. While it’s ultimately the company’s responsibility to make positive changes that prevent harmful actions to employees, you also have an opportunity to speak up about your concerns—or, if necessary, depart the role altogether.

If you suspect that you’re working in a toxic environment, think about how you can advocate for yourself. Start by raising your grievances about the culture in an appropriate setting, like a scheduled, one-on-one meeting with your supervisor.

Can’t imagine sitting down with your supervisor to air those problems on your own? Form some solidarity with like-minded colleagues. Approaching management might feel less overwhelming when you have a “team” who shares your views.

It doesn’t have to be an overtly confrontational discussion. Do your best to frame your concerns in a positive way by sharing with your supervisor that you want to be more productive at work, but certain problems sometimes get in the way.

Advertising

Final Thoughts

If your supervisor truly cares about the well-being of the organization, they will take your concerns seriously and actively take part in changing the toxic work environment into something more conducive to productivity.

If not, then it might be time to consider the cost of the job on your well-being and personal life. Is it worth staying just for your resume’s sake? Or could you consider a “bridge” job that allows you to exhale for a bit, even if it doesn’t “move you ahead” the way you planned?

It might not be the ideal situation, but your mental health and well-being are too important to ignore. And when you have the opportunity to refuel, you’ll be a far more valuable asset at whatever amazing job you land next.

More Tips on Dealing With a Toxic Work Environment

Featured photo credit: Campaign Creators via unsplash.com

Reference

Read Next