Many entrepreneurs start their journeys in Silicon Valley. The hub of the technology universe, it certainly has a lot to offer. You’ll find the world’s best entrepreneurs, venture capitalists, and investors. If you ever decide to base yourself in the Valley, then you’ll have to check out one of the many amazing hotels that line the area.
While it’s always an option to stay in a nice hotel, you might want to try and find some cozy Airbnb rentals.
Why? Because staying in a hotel is generally very expensive! You have to pay for high-end accommodation, even if you only need a bed for a night. And that’s not including the price of your food and transport to and from work each day.
Silicon Valley is home to some of the world’s most prestigious businesses, and they’re constantly looking for talented people to join their teams. If you meet the right qualifications, you could be in for a groundbreaking experience and move to the forefront of your industry.
The Rise Of The Mature Entrepreneur
If you’re looking to start a business, you’ll soon enough come across the age discrimination myth. People assume that if you’re over a certain age then you can’t be an entrepreneur. Nothing could be further from the truth. In fact, entrepreneurs come in all shapes and sizes and occupy all stages of life. If you can put your passions to work and aren’t afraid to fail, then who knows – maybe you’ll even become successful.
One of the biggest proponents of this view is Gary Vaynerchuk, an entrepreneur, media executive, and former stockbroker. In an interview with the Wall Street Journal, he said:
“People say, ‘Oh, you can’t be an entrepreneur because you’re not young enough.’ I always tell them, ‘I’m going to be 70 years old before you know it, and I started a business.’ The younger you are, the more risk you take, and the more you’re going to be able to achieve.”
Even the most successful entrepreneurs start their companies when they’re young. You’ll typically find that people who started their businesses in their 20s eventually grow tired of the 9-to-5 routine and decide to scale back their involvement. That’s when they realize that, while they might be able to shake up the world of academia, they still need someone to run the company day-to-day. That’s why most entrepreneurs start their businesses when they’re young – there’s still plenty of action left in their 40s and 50s.
Why Start A Business In Silicon Valley?
The Valley isn’t just about technology and startups. It’s about opportunity. Any field you can think of, from medicine to finance, exists in Silicon Valley. If you have the skill set, there’s a good chance you can land yourself a job in one of the hottest industries around.
Those with technical skills can find employment in software development, while business professionals can look into marketing, sales, or management positions in industry giants like Google, Facebook, and Apple.
In many cases, people who work in these companies make substantially more money than they would in other companies. It’s definitely an area to consider if you want to make extra cash. You obviously need to put in the time and effort to learn the ropes, but the ability to learn is almost certainly a key to your future success.
The Valley’s Creativity Bubble
The creative industries in Silicon Valley are among the most vibrant in the world. From apps to hardware, movies to music, there’s plenty to get involved in. If you can think of a way to make money online, you’ll almost certainly be able to find the means to make it happen.
Whether you’re an indie filmmaker looking to strike it rich or an entrepreneur with a product that can be easily marketed, the Valley is a hotbed of invention and innovation. If you can think of a way to make money online, there’s a good chance you can find the means to make it happen.
You don’t have to base your decision solely on money. While it’s always a consideration, there are other factors to consider. First and foremost, are you inspired by the opportunity to build something new and potentially useful?
“This is one of the great things about living in the Bay Area – you’ll always have the option of starting a business,” says Mike Sheridan, co-founder and creative director at Mynt, an agency that specializes in digital marketing. “You never know when the right idea might come along. You just have to be willing to put the work into making it happen.”
Sheridan notes that while it might be tempting to fall back on your existing skills or build on top of what you know, the nature of business is such that you’ll always need to be learning new things. New technologies, new platforms, and most importantly – new buyers. If you want to sell your products or services to people in other parts of the country, you’ll have to learn the ins and outs of international marketing.
Join The Club
If you ever decide to join the club, then you’ll have to make a decision about where you’ll reside. There are plenty of options, from luxury to extreme, depending on what you’re looking for. You won’t be able to make a mistake with so many amazing options.
One of the best things about Silicon Valley is the community. Even if you’re not a member of the entrepreneurial ecosystem, you’ll find that the people who are are still very welcoming and happy to help. Being a member of the club means you’ll have access to a veritable cornucopia of resources. From investors to advisors, there’s someone (or many someones) around to help you make your business a success.
Of course, there are many positive elements to living in Silicon Valley. The biggest issue is finding time to work. With so much on your plate, it’s easy to see why some people opt to scale back their involvement in the business. Still, as long as you keep your eyes open for opportunities, you’ll find that there’s plenty to keep you busy.