College years might seem too challenging on their own to even consider starting to work. However, as surprising as it might sound to some students, college years are a perfect time to try not simply working but actually starting your own business. And here’s why you should consider this.
Sure, no one wants to fail at something so important. Some even don’t want to consider failure as a real option when starting their business. But the truth is you might fail – and what’s even more important is that you can afford to do so while being still in college.
Why so? Because the worst thing that can happen to you if you handle it right is that you’ll lose your investments. Of course, this will suck a lot – but you’ll be able to get over it.
When you’re in college, you can learn, try, and fail safely enough. You don’t have a family of your own who you need to take care of – and you have plenty of time and opportunities to make up for your failure.
Even if finances aren’t your major, there’s still a big chance that you have some finance-related courses and professors to help you. Most of them will gladly consult a student who runs their own business or plans to start it – after all, professors usually admire ambitious people.
Being a student, you might get very valuable tips from people who know the subject well – and you won’t even have to pay for the information.
Networking is easy when you are a college student. As soon as you start your own business (or even before that), you’ll realize that even if you’re good at sales, you probably won’t be able to do this on your own. You might need to build a website, to design some ads, to write some texts, etc. – and while some of those things might be easy for you, some of them might look as challenging as the need to write a high-quality book report.
Lucky for you, you don’t need to spend days or even weeks looking for people who could help you. All you need to do is to step out of your dorm room and start looking around.
College is big and even if you don’t have any friends among programmers, writers, and designers, there’s still a chance that your friends know some people that could help you. The only thing you need to do is to persuade them that it will be beneficial to help you – and it will be, considering the fact that they can list this as their work experience and add some real projects to their portfolios.
We all have friends who support us and are there for us. However, when it comes to college, it’s often not only friends who can give us the support we need. If you’ve ever rooted for a football team or a college band, or someone else talented and ambitious enough, you know what we mean.
So once you get your business going, you’ll see that even people that don’t know you can support and encourage you.
Unless your business doesn’t involve offering some pretty expensive products or services, there’s a big chance you’ll find your first clients among the college students. Moreover, if your products or services are indeed good, these clients could spread a word around the campus easily, bringing new potential customers to you. This is one of the easiest ways to build a pretty big client base without even putting a lot of effort into the process.
There are plenty of world-famous companies that were founded by students: Apple, Facebook, Reddit, etc. Of course, there wasn’t only one person standing behind the company’s success: there was always a team of talented people.
Finding such people while you are still in college is much easier than after the graduation. College allows you to spot real talents pretty easily: if a certain student is good at something, the others know about it.
So if you dream of building a big and prosperous company, consider finding some employees or business partners among your fellow students.
If your business succeeds, it’ll bring you money – and probably even more money than a part-time job could. Of course, it’s all about smart investment and proper financial planning, and you will need to become very good at this in order to succeed. But it’s totally possible and this skill will definitely benefit you in real life.
One of the biggest drawbacks of having a job in college is that you might struggle to combine work with studies. Of course, you can use various essay writing services to make the process much easier – but in some cases, it can affect your budget pretty badly, especially if you don’t make much money.
Starting and running your own business, on the other hand, means that you’re going to be your own boss. You’ll still have to work and work hard, but you’ll be able to do so whenever you like without struggling to combine your lectures and your working hours.
Running a business requires a lot of knowledge and skills. While sometimes you aren’t able to build them by attending lectures, you are still able to build them by practicing and learning on your own.
This could be very challenging, indeed. However, those skills won’t only benefit your life – they’ll also look impressive on your resume.
Even if your business won’t turn out to be a success, it could still help your career. Not all students have some valuable skills and work experience when they graduate – and certainly, not all of them try to run their own business. Such ambitions and hard work could impress your potential employees greatly, encouraging them to offer you a position in their company.
So while the thought of starting your own business might seem terrifying at the moment, you should still consider it. The risk isn’t as big as it seems – and the perks are pretty impressive!
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