Silicon Valley may get all the buzz, but don't underestimate the power of Seattle and its surrounding communities.
A new analysis by Bloomberg indicates that Washington State is the most innovative place in the country. According to the analysis, tech companies make up 21 percent of the state's public companies compared to 29 percent in California. Also, the number of people working in STEM jobs (science, tech, engineering, and math) came in at 2.82 percent of the total population compared to 2.26 percent in California.
Successful startup founders have all followed integral steps to become successful with an innovative business idea. Here are a few tips for creating a lasting and powerful business idea: choose an idea you think is important; find a company you can pour ten years of your life into. Write down a mission statement; articulate what you aim to do and why it is important. Focus on growth; think about where the growth is going to come from.
Happy Investing!
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