Saturday, August 28, 2010

The Next Big Idea

So I’ve given it a lot of thought, and I’ve decided to become an entrepreneur!  With my finance background and attention to detail, I should have no problem launching a successful new venture.  I’m confident that I’ll be the best boss I’ve ever had.

According to Entrepreneur Magazine, Austin is the perfect city in which to start a small business.  The success rate is among the highest in the nation.   The economy is strong, taxes are low, and real estate is inexpensive.  The population is growing, and The Wall Street Journal recently dubbed Austin a “Youth Magnet” city.  The culture is progressive and creative, and the residents take pride in the local, independent businesses.  Hence the slogan, “Keep Austin Weird.”

There are certainly fewer chain stores in Austin.  Instead of Barnes & Noble, we have BookPeople.  Instead of Ben & Jerry’s, we have Amy’s Ice Cream.  And instead of Regal Cinemas, we go to the Alamo Drafthouse.  These local businesses aren’t just smaller – they’re usually better.  At the Alamo Drafthouse, they serve beer during the movies, play drinking games, and hire comedians to mock bad films in the spirit of Mystery Science Theater.  (Seriously, why didn’t I think of that?)  Austin has also started some great trends: natural and organic grocery stores, the food truck revolution, and roller derby!

Now all I need is a fabulous business idea.  Well...I Yeah, so why don’t you tell me your best idea, and if I like it, I’ll cut you in for five percent.

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