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This North Carolina City Is The Best To Start A Business

Author Melanie Day

Do you consider yourself an entrepreneur? Or are you just tired of working for someone else under their rules and policies? Perhaps it’s time to take that leap and start your own business. Working for yourself can have a lot of great benefits- you make the rules, you make the schedule, you can work from home, and you can take home the profits. It can also have some risk as well. You are the boss and the fate of the company rests with you. There is also the financial investment. And if the business isn’t profitable for a period of time? You’re probably not getting paid. Even still it can be a great option if you are ready and willing to take the risk. Small businesses are what make our country great and give towns and cities their heart. But where are the best places to do so? Well if you are in North Carolina it’s Charlotte that is the best city to start a business.

This is according to data compiled and shared with us from www.deliveryapp.com. The tech start-up company considered factors such as co-working spaces, broadband speeds, business start-up rates, and more. All to find the best cities in the US to start a business for those entrepreneurs ready to give business owning a try. Based on that data Charlotte ranked 15th on the list, the only city from either Carolina to be included. NYC came in first, but Texas and California are the states with the most cities included.

The Best Cities To Start A Business

Rank

Location

Country/State

Total Score

1

New York

USA/New York

55.32

2

Dallas

USA/Texas

53.31

3

Fort Worth

USA/Texas

52.57

4

San Diego

USA/California

50.43

5

San Francisco

USA/California

49.50

6

Austin

USA/Texas

43.68

7

San Antonio

USA/Texas

43.29

8

Los Angeles

USA/California

42.82

9

Jacksonville

USA/Florida

41.98

10

San Jose

USA/California

41.96

11

Houston

USA/Texas

41.30

12

Chicago

USA/Illinois

40.61

13

Indianapolis

USA/Indiana

38.44

14

Oklahoma City

USA/Oklahoma

38.02

15

Charlotte

USA/North Carolina

35.11

16

Columbus

USA/Ohio

34.28

17

Phoenix

USA/Arizona

33.40

18

Philadelphia

USA/Pennsylvania

30.66

19

Denver

USA/Colorado

27.73

20

Seattle

USA/Washington

27.33

You can read the full study and methodology here. Thanks to our friends at DeliveryApp for providing us with this data!

The Bonuses Of These 9 CEOs Are More Money Than I Could Ever Imagine

Can you imagine not remotely having to worry about money? Like truly never having to worry and knowing your children’s children’s children would never have to worry. Most of us will never be able to fathom that kind of money. But boy would it be nice. I know money can’t buy happiness but it could reduce my stress level dramatically. I’m over here slaving away trying to hit my bonus at work. But that money isn’t even a penny compared to the bonuses of some of the world’s highest-paid CEOs. New research provided to us by The Stock Dork looked at the average yearly bonus payments of the top 50 market cap companies over the past 5 years. From this, they created a list of those CEOs who receive the highest average bonuses.

And you may want to sit down for this. It may anger you. Or it may inspire you to get to work. Does anyone have a spare billion-dollar idea I can borrow? Bonuses for these CEOs range from a sparse $5,000,000+ to nine figures. Yes, a nine-figure bonus payment. That’s on top of a salary. This is precisely where I felt sick. And listen I’m not one of those “eat the rich”, or “billionaires shouldn’t exist” people. If you are good for you I respect everyone’s opinion. I also respect people who work hard and ultimately make a lot of money. But then I also think of the other people in these companies doing the brunt of the work, who aren’t getting a salary that is remotely this much. I’m not sure what the answer is here. And I’m probably just rambling at this point. So back to the data.

The Data

For the sake of this study, bonuses are considered cash, stock, and stock options. According to The Stock Dork,  the list was compiled using “data from the companies’ most recent financial statements, SEC filings, and public annual reports. This data was then cross-referenced to ensure accuracy, with a focus specifically on the bonus component of executive compensation.”

There was one clear front runner, that won’t surprise you. Keep reading to see the 9 largest bonuses of CEOs. Thanks to our friends at The Stock Dork for providing us with this data.

  • 9. Shantanu Narayen

    ST ANDREWS, SCOTLAND - OCTOBER 07: Shantanu Narayen, CEO of Adobe Systems, poses with his golf ball after his round. Shantanu Narayen scored a hole-in-one on the 11th hole during day three of the 2017 Alfred Dunhill Championship at The Old Course on October 7, 2017 in St Andrews, Scotland.

    Shantanu Narayen is the CEO of Adobe Systems. He’s held this position since 2007 and his average yearly bonus payment is $34,907,765.

  • 8. Patrick P. Gelsinger

    BERLIN, GERMANY - JUNE 19: Intel CEO Pat Gelsinger (C) and members of his delegation arrive at the Chancellery to sign an agreement with the German government on subsidies for the construction of a new Intel chip factory on June 19, 2023 in Berlin, Germany. The new factory, to be located near Magdeburg, is expected to cost at least EUR 17 billion. The investment comes as Europe is seeking to expand its domestic computer chip production in order to become less dependent on producers in Asia and the USA.

    (Photo by Sean Gallup/Getty Images)

    Being the CEO of Intel is how Patrick Gelsinger makes his money. He’s been a fixture in Silicon Valley for more than 40 years and takes home an average bonus of $37,244,160.

  • 7. Jamie Dimon

    WASHINGTON, DC - SEPTEMBER 22: JPMorgan Chase & Co CEO Jamie Dimon arrives for a Senate Banking, Housing, and Urban Affairs Committee hearing on Capitol Hill September 22, 2022 in Washington, DC. The committee held the hearing for annual oversight of the nation's largest banks. (Photo by Drew Angerer/Getty Images)

    (Photo by Drew Angerer/Getty Images)

    Finance can also be lucrative, it sure is for Jamie Dimon. Dimon is the CEO of JPMorgan Chase where he walks away with an average yearly bonus of $40,624,000.

  • 6. Satya Nadella

    WASHINGTON, DC - SEPTEMBER 13: Satya Nadella, CEO of Microsoft, leaves the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC. Lawmakers are seeking input from business leaders in the artificial intelligence sector, and some of their most ardent opponents, for writing legislation governing the rapidly evolving technology

    (Photo by Alex Wong/Getty Images)

    Satya Nadella heads up Microsoft. That gig is worth an average bonus of $41,198,585.

  • 5. Tim Cook

    CUPERTINO, CALIFORNIA - SEPTEMBER 12: Apple CEO Tim Cook holds up a new iPhone 15 Pro during an Apple event on September 12, 2023 in Cupertino, California. Apple revealed its lineup of the latest iPhone 15 versions as well as other product upgrades during the event.

    (Photo by Justin Sullivan/Getty Images)

    If Microsoft is on this list you know Apple is too. And they are back to back with Apple CEO Tim Cook getting a similar (if $2 million is really that much money) with an average yearly bonus of $41,198,585.

  • 4. Safra Catz

    SAN FRANCISCO, CALIFORNIA - SEPTEMBER 17: Oracle CEO Safra Catz delivers a keynote address during the 2019 Oracle OpenWorld on September 17, 2019 in San Francisco, California. Oracle CEO Safra Catz kicked off day two of the 2019 Oracle OpenWorld with a keynote address. The annual convention runs through September 19.

    (Photo by Justin Sullivan/Getty Images)

    The largest bonus to a female CEO goes to Safra Ctaz of Oracle. If you don’t know what Oracle is don’t feel bad I didn’t either it’s software that is a relational database management system. Perahps if I knew that I’d be making closer to the range of her bonus which is $50,794,313. You can take two digits off that and still make me happier than I’ve ever been. 

  • 3. Andy Jassy

    NEW YORK, NEW YORK - NOVEMBER 30: Andy Jassy on stage at the 2022 New York Times DealBook on November 30, 2022 in New York City.

    (Photo by Thos Robinson/Getty Images for The New York Times)

    The third largest average bonus for CEOs? It goes to Andy Jassy of Amazon. Can I get some sort of percentage of this since I’m spending so much with Amazon? He’s making $53,407,804 of bonus money on average.

  • 2. Sundar Pichai

    WASHINGTON, DC - SEPTEMBER 13: Sundar Pichai, CEO of Google, leaves the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC. Lawmakers are seeking input from business leaders in the artificial intelligence sector, and some of their most ardent opponents, for writing legislation governing the rapidly evolving technology.

    (Photo by Nathan Howard/Getty Images)

    Sundar Pichai is the CEO of Alphabet or more recognizably Google. Yeah you know he’s raking it in with an average yearly bonus of $98,929,951.

  • 1. Elon Musk

    WASHINGTON, DC - SEPTEMBER 13: Elon Musk, CEO of Tesla and X, arrives for the “AI Insight Forum” at the Russell Senate Office Building on Capitol Hill on September 13, 2023 in Washington, DC. Lawmakers are seeking input from business leaders in the artificial intelligence sector, and some of their most ardent opponents, for writing legislation governing the rapidly evolving technology.

    (Photo by Nathan Howard/Getty Images)

    And to no one’s surprise the top spot goes to Elon Musk for his role at Tesla. That average yearly bonus? A measley $456,797,701. Can I borrow 100k Elon? That’s like a drink out of a vending machine in your budget.

Melanie Day is a graduate of North Carolina State University. She has worked for Beasley since 2012 in a variety of behind-the-scenes roles in both digital and promotions. Melanie writes about a diverse range of topics some of her favorites include travel, restaurants, Taylor Swift, and college athletics. When not at work you'll find her at a country concert or NC State sporting event.

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