By AZ Business Magazine
In a new study, OnDeck analyzed LinkedIn profiles from across the U.S. to see which has “founder” in their job title and Scottsdale is officially among the cities with the highest proportion of business founders in America, with 217.9 in every 10,000 residents starting their own business.
Have you ever had an idea for a business? Close to three in five Americans have at some point, but the vast majority of those would-be founders don’t go through with setting up their own firm, the biggest barrier being funding concerns.
But — echoing our nation’s entrepreneurial spirit — many others do follow through with their dream of starting their own business, and business happens to be very good; in 2022, five million new small business applications were submitted in the U.S., the second-highest rate since 2004.
