OKC one of the best for young entrepreneurs

Have you been looking to open your own business? Oklahoma City is a great place to start one up, especially for young adults. That's according to a new ranking published on

Oklahoma City landed in the middle of the top ten Best Cities for Young Entrepreneurs. The ranking looks at a study by NerdWallet. Oklahoma City ranked fifth based on loan data, business activity, cost of living, income and education.

Aaron Ellis, the general manager of Skinny Slim's in Bricktown, was not surprised by the new ranking.

"We liked the downtown/Bricktown/Deep Deuce area. It's just a thriving place right now for business. There's, if you just look around, there's just a lot of stuff being built right now. There's a lot of residential being built, hotels being built," Ellis said.

Skinny Slim's has been open since February. Ellis says business has been better than expected. While he was confident about setting up shop in Oklahoma City, he knew there was no guarantee.

"Anytime you start a new business, it's a roll of the dice," he said. "We've really kind of become their neighborhood spot."

"I think it affirms to people locally that what we're doing to create that environment is working," Roy Williams, the president and CEO of the Greater Oklahoma City Chamber of Commerce, said.

Williams said the city is a great place for business because it fosters entrepreneurs.

"We are consistently one of the lowest cost of living communities across the United States," Williams said. "The places that are least expensive to do business, but yet have the environment to be successful, is where you want to go."

Williams also pointed to different programs and organizations that help start-ups and encourage entrepreneurial cultures. He said universities in the metro are also starting to offer courses and degrees in the subject.

"When everybody graduates college, we all have that dream of going off and starting our own business and doing whatever and I think it's really neat to see that Oklahoma City and the state of Oklahoma, in general, make a way for that to happen," Ellis said.

Ellis plans to expand the bar to locations in Edmond and Tulsa.

Tulsa was actually named the number one place for young entrepreneurs. Here's the entire list:

1. Tulsa, Okla

2. Tampa, Fla

3. Atlanta, Ga

4. Raleigh, NC

5. Oklahoma City, Okla

6. Seattle, Wash

7. Minneapolis, Minn

8. Austin, Tex

9. Omaha, Neb

10. Houston, Tex