5 Reasons To Start That Business Now
Posted on May 13, 2010
While this post is addressed towards college students, it can still apply for high school students; you might just need to think outside the box a little more.
Do you have entrepreneurial spirit? Are you still in school? Then this might be the best time for you to start your own business. Whether it’s reselling textbooks or starting your own computer business, there is no better time to start a business than in college. Here are four reasons why:
There’s no shame in asking for help when starting your business. And there’s no better place to ask for it than a place full of people willing to help. The business school on your campus will be sure to have advisors and professors that would love to give advice and help their students succeed. And often times if the professor can’t help, they are connected to a lot of experienced people that can help you.
2. People Love to Talk
You would be amazed as to how easy it is to get everyone on your campus to know about something if you put a little effort into it. Ask your friends to help promote your product/service through word-of-mouth. With everyone connecting all the time on campus, your brand will spread like wildfire; and best of all, your marketing campaign can be free!
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3. College Resources
There are plenty of clubs and other organizations that can help you in your quest to build your business. You can look for local entrepreneur information online and then join the local entrepreneur club and start participating. That way you can find other like-minded people to help push you in your journey towards success. By surrounding yourself with other successful minded and driven people it will only help keep you focused and push you harder.
Colleges also are a hot spot for new technologies. Most campus’s have Wi-Fi throughout and also have printing, faxing, copying, etc. services as well. And best of all, there are lots of people who understand how to work all that technology as well, so if you get in a rut, they can easily help you out.
4. Everyone Wants a Job
College students love extra spending money. And if your business takes more than just you to run it there are people looking to help. Find other entrepreneurial-minded people to hire. Not only will you be able to expand your business, but you can also get new ideas and insights from employees. Pay on an hourly salary or based on a commission, whatever works best with the kind of work that needs to be done.
In college, you are only in class for 15 or so hours a week. Get your homework and assignments done right away and you have plenty of time to devote to building a business. Also, you don’t have commitments that will come up after college. When you have kids running around and a mortgage to pay off, there’s a less likely chance you’ll be willing to take that risk and plummet into new endeavors.
Now is the time to start building your business. Starting a business can be done with only a couple hundred dollars or less if you have the motivation and drive to do it. College entrepreneurs are cool and successful, and that’s a powerful mix to strive for. If you’re looking for a little inspiration, take a look at Inc. magazine’s article on the coolest college startups of 2010.