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Entrepreneurial Spirit

By Ramon Gomez, Jr.
May 23, 2018

Park City is filled with entrepreneurs and companies that have made a positive impact in Utah and around the world. Business Chief recently shared that Amazon has named Utah as the most entrepreneurial US state - A new study from leading US ecommerce firm Amazon has revealed the top 10 most entrepreneurial US states, with Utah topping the list.

The study looks at the US states with the most SMEs per capita selling on Amazon – a platform that see’s millions of enterprises selling goods across the world. “More than 300,000 small and medium-sized businesses from across the U.S. that started selling on Amazon in 2017, and we’re working hard to help them all keep growing,” said Nicholas Denissen, Vice President of Amazon. Utah is followed by California and New York, with Colorado, New Jersey, Washington, Florida, Delware, Massachusetts and Oregon rounding out the top 10 respectively.

“It is exciting to see Utah at the top of our list ahead other great entrepreneurial states like California and New York,” said Denissen.

“From incredible handmade artisans to small businesses inventing sustainable and eco-friendly products, there are thousands of Utah-based businesses demonstrating a tremendous entrepreneurial spirit — more per capita than in any other state.”

More than half of the items sold across Amazon come from SMEs, accounting for a significant proportion of the business done on the world’s largest ecommerce platform.

CNBC MAKE IT recently shared  The Most Hipster Cities In The World and Salt Lake City is on the list. To determine its new International Hipster Index, Movehub, an international relocation company, combed through data for 446 cities across 20 countries, excluding cities with populations below 150,000. They looked at five data points, including the number of vegan eateries, coffee shops, tattoo studios, vintage boutiques and record stores per 100,000 city residents.

While the United States might have dominated the list — with seven U.S. cities cracking the top 10 — the most hipster city in the world goes to Brighton and Hove in the United Kingdom. Located in the country's southeast region, this coastal city is described by Lonely Planet as "without doubt Britain's most colorful and outrageous city." It ranked in the top four for three out of the five data points: Vegan eateries, coffee shops and record stores.However, the U.S. still dominated the top 10 with seven hipster hubs, with many of them located in the Pacific Northwest region, as well as Florida.

The top 10 most hipster cities in the worldaccording to Movehub, are:

1. Brighton and Hove, United Kingdom

2. Portland, Oregon,United States

3. Salt Lake City, Utah,United States

4. Seattle, Washington,United States

5. Lisbon,Portugal

6. Fort Lauderdale, Florida,United States

7. Miami, Florida,United States

8. Orlando, Florida,United States

9. Helsinki,Finland

10. Spokane, Washington,United States

The millennials list makes sense as LADDERS listed Utah as one of the states where you’ll find the highest-earning millennials. Personal finance site WalletHubput together an analysis of the top cities for millennials (Pew Research Center defines millennials as being born from 1981 to 1996) based on rankings that didn’t include which cities have the best avocado toast or the most Instagrammable neon signs.

The study looked at job earnings, unemployment rates, voter-turnout rate and affordability (the cost of a Starbucks latte was factored in) as well as education and health. So which states got the best ratings? Well Utah is on it.

D.C. comes out on top - Our nation’s capital not only has the highest percentage of millennials living there, but they are also earning the most. Other cities that saw high millennial earning averages included New York, Massachusetts, Washington, and California. North Dakota managed to snag that No. 2 spot thanks to its affordability and percentage of millennials living in the state (second only to Washington D.C.).

  1. Washington D.C.
  2. North Dakota
  3. Minnesota
  4. Massachusettes
  5. Iowa
  6. Wisconsin
  7. Utah
  8. Nebraska
  9. Colorado
  10. South Dakota

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