What are the biggest challenges of building a tech company outside of Silicon Valley?
Every Friday, we’re answering your questions about business, startups, customer success and more.
This week’s question is:
This is a question that comes up a lot.
I started Groove from my house in Newport, Rhode Island.
Not San Francisco or Silicon Valley.
Not New York.
Not really anywhere that would be considered a place with a real “startup ecosystem.”
At the time, I did find myself thinking a lot about the challenges that being “off the beaten path” came with, but in retrospect, those challenges were mostly superficial ones.
Sure, some investors are less likely to find your company interesting enough to look at because of your location. You don’t want those investors anyway.
The tech press is less likely to cover you. But tech press coverage, overall, has probably been the least valuable marketing exposure that we’ve had.
You can’t find top talent by stepping outside your front door. But you’re also not competing—and paying exorbitant prices—for that talent with hundreds of massively funded startups and huge companies.
These challenges are easy to be scared by at the start, but as you grow, you realize that they exist only on the surface.
To me, the benefits of living my life in the place I want, and building a remote team that does the same, far outweigh the challenges.
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Your Turn: Ask Groove Anything
I’d love for this new weekly segment to be successful, and provide a valuable repository of answers from our entire community for entrepreneurs everywhere.
To do that, I need your help.
Here’s what you can do to get involved:
- Ask questions. Post them in the comments of this post, or Tweet them to us at @Groove.
- Answer questions. Every Friday, we’ll post a new Q&A segment. If you have anything to add or share regarding any of the questions asked, jump in! Many of you are far more qualified than I to speak on some of the topics that people ask me about.