This week I have something really different – a live, unedited recording of Gorham Savings Bank’s Launchpad event that took place on April 10th. Five entrepreneurs, chosen from 130 submissions, 7 minutes to pitch, no slides, win or go home, $30,000 on the line. Talk about excitement!
If you want your own piece of the entrepreneurial action, be sure to get involved with Maine Startup and Create Week, coming June 12-20 in venues all around Portland.
Box Talk Radio is a show hosted by Derek Volk of Volk Packaging. Volk Packaging is this amazing company that has really diversified and serves many markets, from biotech to food to industrial all over the world, and Derek is the president. He also hosts a weekly radio show on WLOB featuring Maine businesspeople from a diverse array of fields, and I was honored to have the chance to appear on it and post it here, so let’s take it away!
You’ve probably heard that Maine has been ranked the worst state in the union for business, but you may not know much about what’s behind those rankings. This week we dig deeper into the topic, with Kurt Badenhausen, senior editor of Forbes magazine, developer of the best known ranking. Kurt’s been doing this ranking for many years, really dives deep into the analysis, and offers lots of valuable perspective.
Maine is not actually last in any category, and scores better than New Hampshire in business costs, something that may surprise you. And what really surprised me was that a low cost of living won’t get you high in the ranking; and that access to education, arts and culture are among the most important factors in scoring well.
But still, I don’t know about having a worse quality of life than New Jersey.
So, do you think Maine deserves to be 50th? Leave a comment below.