Low barriers to entry

TIME attends latest Open City/Model D Speaker Series.

Excerpt:

Why would anyone want to start a business in Detroit?

Simple answer: There are “low barriers to entry,” according to Joe Posch, owner of Hugh, one of the swankest new shops in the city.

In other words, no one stands in your way. And, more importantly, there are lots of people (some 900,000 strong) who really, really, really want to see you succeed.

This is what I learned Tuesday night at Open City, a gathering of small-business owners within the city limits. They meet monthly at Cliff Bell's on Park Avenue to drink beer, talk shop and support newcomers to this thing called Detroit retail.

Open City is basically a support group for people who want to become urban entrepreneurs, explained Claire Nelson, owner of the Bureau of Urban Living, a Detroit shopping destination for distinctive home accessories.

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