Go to Bangkok, Young Man

I've spent a lot of time in Bangkok lately.. but not for the nightlife. Really? Nope, for the entrepreneurship. Let me explain.

Bangkok is Asia's new entrepreneur hub. There are several reasons why the city is the best place in Asia to build a business:

1. Low cost of living and doing business

This one is obvious. Bangkok offers a relatively low cost of living compared to many other global cities, but it's also way cheaper than other Asia cities e.g. Hong Kong, Singapore, Tokyo, Seoul etc.

The other key here is the affordable co-working spaces - there's so so many as pictured! This means that startups can keep costs down while accessing the resources they need to thrive.

2. Growing startup ecosystem

While most of Asia's big companies historically come from China or India, Bangkok’s startup scene is vibrant. The city also regularly hosts industry-specific events in tech, e-commerce, fintech, health, and tourism.Bangkok must have the most startup events in Asia!

3. Access to talent

Bangkok is home to a large, young, and tech-savvy workforce - both local and foreigners with skills in fields like software development, digital marketing, and design. No place has such a concentration of digital nomad expats, adding diverse perspectives and skills to the talent pool.

4. Strategic location in Asia

Situated in the heart of Southeast Asia, Bangkok provides easy access to other major markets in the region, making it a prime base for entrepreneurs looking to expand across Asia. You can fly anywhere.

5. Digital and infrastructure growth

I'd hazard a guess that the Internet is faster in Bangkok than a lot of Western European countries, while significantly better than some Asian neighbours i.e China, HK, Vietnam etc with respect to VPN's or firewalls.

6. Dynamic consumer market

With a young, urban population and a growing middle class, there’s high demand for innovative solutions. Most of the other East Asian cities are, to be blunt, quite old, rigid and way less likely to be interested in the latest thing.

7. Cultural appeal and lifestyle

Bangkok’s unique blend of modernity and tradition, vibrant nightlife, cultural attractions, and culinary scene make it a desirable location for entrepreneurs who value work-life balance. PS - Check out the amazing co-working spaces here.

San Francisco is ofcourse amazing if you are American and wanted to raise money for a VC backed startup. For the rest of us, I'd recommend Bangkok.

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