New York City is an iconic metropolis that houses some of the world’s most notable sites and landmarks, while also being an incubator for entrepreneurs looking to grow and scale up their companies.
New York City business environment can be both positive and negative; for example, restrictive zoning rules have created hurdles to entrepreneurial activity. New York truly has everything from churches to supermarkets and tech giants.
Etsy
Etsy is an online marketplace that connects craftspeople and artists with millions of buyers globally. Based in Brooklyn, Etsy provides sellers with tools and resources for marketing their products and managing their businesses while offering support services as well as educational materials.
Step one of opening an Etsy shop is creating a profile. Upload a professional-looking photo and write an eye-catching bio that helps customers recognize your brand while building trust. Furthermore, keep it updated regularly with relevant information or images.
Once your profile is completed, select “Open your shop.” Etsy’s first question for registered legal entities will ask about whether you are an individual, sole proprietorship or registered legal entity; in the latter case they require your name, address, date of birth and the last four digits of your Social Security number as well as information about business type and employees.
TechCrunch
New York City is an epicenter for entrepreneurs in every field, from restaurants to technology startups. There is an abundance of opportunity in New York for business owners who can identify an ideal market niche – here are a few suggestions on how you can do just that!
TechCrunch is an esteemed blog that covers the latest in technology news and trends, hosting events around the globe. Additionally, TechCrunch is known for its coverage of entrepreneurship as well as its ability to attract traffic with its articles.
Authors and editors on the website often face ethical concerns due to investments they hold in companies they cover, however they have been proactive about combatting these issues, clearly marking posts which might pose conflicts of interest as such.
TechCrunch also operates CrunchBase, an interactive database featuring investors, incubators and start-ups that is free for anyone to use – it currently receives over half a million visits monthly!
Haot Media
Haot Media is a multimedia company with the mission of empowering Black business owners in NYC through storytelling. Their first series, You Do It With Your Heart, showcases interviews with local Black entrepreneurs discussing COVID-19 and gentrification’s impact on their businesses.
Rachel Haot is an acclaimed entrepreneur who has created several technology companies, such as Ground Report – one of the first crowdsourced global news sites. Previously, she served as New York City’s chief digital officer during Mayor Bloomberg’s administration and is now helping Governor Cuomo realize his vision for New York State’s technological ecosystem.
As part of its “Made in NY” initiative, Haot is supporting tech startups with grants and training programs.
The New York Times
Many entrepreneurs credit the pandemic as encouraging them to follow their dreams more readily. Swift action from the Federal Reserve helped prevent financial turmoil from developing into a real crisis, while billions in federal stimulus checks and direct aid helped people secure start-up money to make their business ideas come to fruition.
Olly Smith left New York City and established Westerlind Pantry – a high-end grocery store dedicated to people who had to leave New York during the pandemic – while still remaining optimistic and anticipating expansion despite facing an impending rent increase.
New Yorkers love learning new skills, making the city an excellent setting for entrepreneurs who provide educational services. You could teach foreign languages or software programs, provide tutoring services for private tutoring clients or act as au pairs; open a school or training center offering corporate classes for employees of multiple businesses – the opportunities are limitless!