What Makes Entrepreneurs Choose a Place to Start a Business?
This article in Atlantic Cities , written by Richard Florida, provides the argument that Texas Democrats need to make to the business community concerning how to create a real "Texas Miracle." Spoiler alert: Low taxes and business-friendly policies are at the bottom of the list! . . .[W]hat really attracts innovative entrepreneurs who create these economy-boosting companies? The answers: talented workers, and the quality of life that the educated and ambitious have come to expect – not the low-tax, favorable-regulation approach that many state and local governments tout. [emphasis added] These are the findings in a new report from Endeavor Insight, the research department of the non-profit Endeavor, which focuses on fostering and mentoring "high-impact" entrepreneurs. Based on surveys and interviews with 150 founders of some of the country's fastest-growing companies, the report answers the basic question, "what do the best entrepreneurs want in a...