I was pretty amazed to see this on the bulletin board (the physical one and not the digital one, silly) the other day.

It’s a brand new student residence dedicated for University of Waterloo students who wish to start their own businesses on campus. The poster and website don’t explain a whole lot, but here is the gist of it…

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My apologies to my peers who were volunteers at the Canadian Undergraduate Technology Conference ‘08, but the conference was really really bad. The atmosphere of the event felt very “last minute.” The delegates were rude, clique-y and anti-social. Presenters, who are the main attractions and contributors to the conference, were only given t-shirts as prizes. This made me feel both embarrassed and a bit ticked off. Also, the TechExpo blew too. It was suppose to showcase emerging technologies, but instead was an open-floor for companies to promote themselves or recruit undergrads.

Well, that was my one minute rant. Any longer might be considered to be offensive (not that it hasn’t ticked off the volunteers already.

- Peter Kao

In addition to my last article, Best Countries to Start a Business, here’s a list of the best states for startups which is also from Fortune Small Business. You can read the full article here, but I have provided summaries for the top 5 below:

1. South Dakota

No tax on personal income, capital gains or corporate income. Little crime and low energy costs.

2. Nevada

No tax on personal income, capital gains or corporate income and low property taxes. However, consumption and gas taxes are one of the highest in the nation.

3. Wyoming

No tax on personal income, capital gains, corporate income or capital gains. Cheap electric utility costs and gas taxes, but high in property and consumption-based taxes.

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According to Fortune Small Business, New Zealand is the most friendly country to start a business, quickly followed by the United States (duh) and Canada (wuh?).

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I have already started on one of my New Year’s Resolution, which is to manage my money better. The reason is not because I am in a huge debt or starving and living off leftover garbage food, but more so to get in the habit of understanding where my money is going or coming from.

This will be something I will need to do anyways when I start my own business, since I will have to somehow track my cashflow.

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