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Start Your Own Country Day was created at the New York World’s Fair in 1939 , to honor  “those free-spirited souls who dared to hope and believe in a better world where they too could declare any land their own.” 
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Duties of States and the Montevideo Convention on the Right sets down the criteria for statehood in international law in article 1:
“The state as a person of international law should possess the following qualifications:
(a) a permanent population;
(b) a defined territory;
(c) government;
and (d) capacity to enter into relations with the other states.”

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• http://voices.yahoo.com/weird-november-holiday-november-22nd-start-your-619960.html