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New Orleans Faces Tough Choices

Posted: May. 3rd, 2013  |  By Michael Pearse

Oh, what are New Orleans entrepreneurs going to do? Though the Big Easy has apparently been one of the easiest big cities to forge a startup in over the last few years, no one is really sure what's going to happen next or where these entrepreneurs should attempt to take their corresponding businesses or industries. Hopefully the one place they don't go is toward financial collapse. 

At the fifth annual New Orleans Entrepreneur Week (NOEW), New Orleans and its highly touted entrepreneurial community have come to a pivotal cross road – five years of celebrating startups and five years until the city’s tri-centennial.  This year, sandwiched in between such important milestones, entrepreneur week held the answers to a few of my burning questions – where is this effort going? Is it sustainable? What’s next?

Over the recent years, New Orleans has been lauded for its growing entrepreneurial “ecosystem.” Several national articles, mine included, praised the city’s unique culture and success, even before local media caught on. The city was glorified as “America’s coolest startup city” and “the best city for young entrepreneurs.

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