Gaining perspective through travel can be really valuable for entrepreneurs.
Kunal Desai, CEO of online investing and trading education site Bulls on Wall Street, spends roughly half of the year traveling, and has found that some destinations can be a great source of inspiration for one's own business.
We spoke to Desai, who recommended 10 destinations that boast innovation, networking opportunities, lower costs of living, or lower taxes — all of which are factors that can help entrepreneurs boost their own businesses.
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COSTA RICA: According to Desai, who lived in Costa Rica for four months in the winter of 2013, one of the country's main draws is the fact that the dollar can go a long way here. It also has a large population of expats and remote workers, and is home to an incredible scenery of beaches, jungles, and mountains.
AUSTIN, TEXAS: Austin has a growing startup community, boasting access to capital, incubators, and plenty of co-working spaces. Thousands of entrepreneurs descend on Austin for the SXSW festival every March.
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Source: Duke University of Medicine
SAN FRANCISCO, CALIFORNIA: "It's the tech capital of the country," Desai said of San Francisco. He attributes this to factors like a motivated labor pool, capital, and the support startups can get through accelerators.
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