The really important ranking has Panama as #1

There are so many rankings out there. Best place to live, best place to work, best place to retire, best place to be buried etc. Often with laughable results.

Gallup and Healthways have now published The Gallup-Healthways Global Well-Being Index. On 124 pages their scientific methodology is described and results shown, highlighting continents and countries. Well worth reading. (here)

There are five categories contributing to our overall well-being:

– job / purpose

– social

– community

– physical

– financial

Panama became #1, the only country where more than 60% of people are predominantly happy in more than 3 of these 5 categories. Actually, they are happy in 4 of them, except finance.

I am glad to see this and it explains why so many people walking the streets are just smiling at you. And drivers almost never honk their horn, show a finger or so.

This is where countries like Germany are leading, but not even reaching the top ten altogether. Even worse, in Germany 24% of employed people indicate to be actively “disengaged” in their professional position.

How about living and doing business in the land of well-being?

Panama is growing strongly, on its way to improve the financial situation for the average and poor people. So in 10 years from now, they’ll still lead but be happy in each of 5 categories. Good luck.

What Panama has to offer Silicon Valley companies, benefitting both

Upcoming countries, like Panama, have to figure out how to become and stay competitive in the future.

The Panama Canal with logistics, a solid financial sector, mining and tourism are already in place and growing. Starting a business is easy to do.

facebook.com/canaldepanama

facebook.com/canaldepanama

But how about high tech and a way to prepare the younger generation? Panama should seriously consider high-tech initiatives.

Of course, there is no way to copy something like the “Valley”. It has been tried already. But Panama is ideal to become a┬áSECOND HOME & BOOTCAMP FACILITY for SV companies. And a super-affordable springboard for hightech startups anyway.

City of Knowledge, a special economic zone at the banks of the Panama Canal, only 15 minutes from downtown PanamaCity, is the right place to begin with.

City of Knowledge PTY

City of Knowledge PTY

Stay tuned how this project goes along.