Why you should start a College Startup
While college is a great time to learn and grow as a person, it is also a great time to try a few business ventures. The reason college is such a great place to experiment with startups is that you have something to fall back on if your business doesn’t work out. If your blog about raising miniature poodles doesn’t become the Internet sensation you hope it would then you are still fine financially because you are doing this as a side project. The penalty for failing is minimal compared to when you are graduated and this business idea is your main salary. Think of your startup as a great way to spend your free time in college.
A startup is also great job experience and helps you learn good business judgment in a rather low scale scenario. While growing your business you will have to make many decisions on how to spend time, where your funds go, and how to manage your content. All of these activities will help you train your skills for when you graduate and get a job, or your startup could even become your job.
Better Interviews with potential employers
Your experience working with your start up will be a great story to tell when you are being interviewed for an internship or job. Your employer will be impressed that you took the time and effort to create something outside of your average schoolwork. Your passion will also show through the way you speak about your start up. Your employer will be captivated by how you explain your idea that you created as opposed to being bored as you tell him how you swipe student ID’s at the health center. This could potentially differentiate you from the many other applicants and help you stand out to get that position.
Your idea could end up being a great source of income
If your start up works out then it will become a source of income that you will actually enjoy. Many college students work on campus or at local fast food restaurants in order to pay for their expenses but you will be a step ahead of them. You will be running your own business and will have a greater feeling of pride in what you do.
These are some of the many reasons why starting a business in college is such a great idea, and its ok if you do not have the experience or the knowledge to get it going right away. That is why we are here at DormtoRiches. We are here to support our readers on their ways to successful businesses. Feel free to contact me with any questions you have or leave them in the comments.
My $0.02 “Corvallis’ Orange Market”
I’m all about free advertising via the web. So here is “My $0.02” for the day. Living exactly two blocks away from any college students dream store has treated me quite well over these last two years. “The Orange Market” aka University Market here in Corvallis has everything a college student would want on a rainy Oregon Saturday afternoon. BEER! As I sit in my bedroom with the rain continually falling, I couldn’t think of anything better to do with my day then, hangout inside, be productive, and drink some world class beer. I will now be enjoying my self selected six pack of glory, while doing homework,staying creative, and loving this layed back weekend.
Willamette Innovators Night/ CEO Keen Footwear James Curleigh
- I didn’t have a chance Thursday to reflect on the days events. Around 3pm I was able to listen in on the OSU College of Business keynote speaker James Curleigh, CEO of Keen Footwear out of Portland, OR.(James Curleigh Speech) James’ enthusiasm towards innovation and how the Keen brand is represented in today’s market was great to see. All in all great speech, Keen seems to be doing some really cool things via their website, as well as their new 2010 line up of shoes and accessories.
- The Willamette Innovators night was yet another great event. Many local technology start ups from the Valley were well represented.
- I would like to give a shout out to Nate Edwards of Edwards Robotics who has developed a great robotic alternative to harvesting golf balls at the driving range. I look forward to helping him out in any way possible. His featured product’s will be available come February 2010.
- Another cool robotics start up that I would like you all to take a look at is Revolution-Robotics also out of Corvallis,OR. I was fortunate to meet Aaron Oki Moore the Director, Design Engineer of Revolution-Robotics. They are currently running out of a garage establishment doing smaller orders. If any of you have connections that may lead to Aaron, and Nate’s companies growing, please let me know or feel free to check out their websites.