This utopian concept has been exaggerated by Ayn Rand in "Atlas Shrugged" when many successful entrepreneurs has moved away to start their own country.
Actually in Atlas Shrugged, the men of the mind go on strike. They do not start their own country, they remove themselves to a safe place, a hiding spot of it you will, and wait for the crash so that can come back and rebuild society correctly from first principles. The goal was never to create their own country, it was to correct what is wrong with the US.