Best Place To Start A Company If You Have Kids
jeffkward.com
jeffkward.com
I honestly don't understand how anyone can afford to live in B.C. Victoria is beautiful, but I don't see how there are enough high-paying jobs to support the prices there. Unless the locals somehow pay much less for everything than tourists do.
Vancouver, fuhgeddaboutit. The Chinese investors have driven the prices for formerly middle class homes into the millions.
Victoria has a few main industries all extremely hostile to innovation, but do overpay unskilled workers - retirement (and trust fund kids), government, tourism, military(navy) and shipbuilding.
Edit: Victoria might be a great place to patio11 those industries with tools to service those businesses. But it wouldn't be the sort of place you'll grow the next Google, Xerox Parc, Microsoft* or Facebook.
* Yes, I know Microsoft is setting up a games studio. They won't be doing engine development here though. Which is the point - we're a satellite office town at best.
This, sadly, describes almost all of Canada, not just Victoria. Even vaunted Toronto has few homegrown software companies and an ocean of satellite offices of American corporations.
As an expat I frequently wonder how I'll ever go home. Doing so not only means taking an enormous pay cut (>50% at this point) but also giving up my front-row seat in the industry. My ego can deal with the different paycheque, but my passions will never square with the rest.
On top of that, there isn't really a tech scene here. Many small startups, but mostly ones you don't really hear about. A few large companies are here, but with fairly small offices.
Why live & work in Vancouver when you can live & work in Seattle for half the price and twice the income? Literally.
P.S. If you have any sense of this, how far out must one move before the numbers start to drop off appreciably? Is there a significant commuting culture, then?
Of course, there will be times when founders need to be on the road a lot. But putting these trips on top of a base of family engagement makes them a lot less painful for all involved.
I am also in Victoria BC (moved here in the summer of 2012 with my three young children and it's been great).
Anyone else in the area? Any interest in a small meet-up?
(NB. Your email address must appear in the about field of your profile if you want to get email from people. The "email" field is only visible to HN admins)
(BTW. I help run makerspace.ca and we're moving to the tech park this summer. Lots of cool things to play with if anyone is interested in 3D printing and CNC tools and the like... also biospace.ca for biotech stuff.)
The best place to start a company with kids is next to your family.
And he is 100% right.Someone who's looking to start a company and raise a family needs to be smart enough to understand both the family's needs and the company's potential. The latter will often depend on the location in which it's started, for better or worse, regardless of whether there's an office involved or not.
What's the tax situation? How do potential employees/investors view the area? Do local lenders support small businesses? Is there a local ecosystem around business, and is it friendly or hostile to this new entrant? Does the location have a background that will invite discrimination among investors or clients, or one that will support them?
This whole discussion is a vast oversimplification. It does no service to people trying to do real things in the real world.
Ours was 12-hour flight away from where we were, and the first 2 years was very very very damn stressful. In fact, I don't rememeber anything from the first 5 months or so.
To say that having a kid is a major lifestyle change is an understatement. It completely, abruptly and irreversibly fucks up whatever lifestyle you had, including any ability to work in long stretches or to even poke around things you like for your own pleasure. Your life is no longer your own. So if there's someone who can take at least some load off and grant you back a little of personal time, it's a huge help.
My parents moved to live very nearby after our first (a few years ago) and we've since had twins (now 3 kids). The fact that they can come over almost every day to help out in small bits is immensely stress-releiving.
That said, I highly doubt there is a "best" place to start a business. Might be good places, or even better places, but no "best" place. Choosing a good place is a complex mix of where you can have connections, where there is a market (if applicable) and where you can lead a satisfying life.
I'm kind of curious about Boulder, CO - it seems to be small enough that it's more livable for a family, as well as having a very well-educated populace, some nice outdoors stuff, and a growing startup community.