This post assumes that you a) want to live in your hometown and b) you want to start a business.
That said, this post focuses on the best of both worlds, living in your hometown and starting a business. However, I must offer a couple of caveats.
The link to the Entrepreneur magazine notes several individuals who left big cities and moved home to start their businesses. It points out that most of the small towns these entrepreneurs move back to have some level of support for a small business or that it must developed.
That is a key point. An entrepreneur does not start a business in a vacuum. In fact, all entrepreneurs need expertise and resources to succeed.
Be sure to note the last sentence, "In other words, the community needs to build something worth coming home to."
And that is what we in economic development should strive for. Do we have the necessary resources identified at the local level to support small business start-ups and entrepreneurial ventures? If no, we need to take steps to a) identify the lacking resources and b) try to either develop the missing links and/or recruit the missing components.
Link to article: https://www.entrepreneur.com/article/337560
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