How to Become an Entrepreneur in College
College is a great environment that nurtures ideas and creativity: famous businessmen Steve Jobs and Bill Gates started as entrepreneurs while in college. Being an entrepreneur can be a lucrative endeavor, and it allows you the flexibility of being your own boss. It also allows you to implement your ideas in your own business project. You can start young by being a college entrepreneur and build your business over time.
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Instructions
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Take business classes. This will give you a foundation on the fundamentals that may be useful as you start your own business in college. Business classes teach you skills in areas such as strategy, accounting, marketing and talent management. These classes may also nurture the entrepreneurial spirit in you and motivate you in your entrepreneurship.
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Come up with a business idea. Your business can be a product or service that you offer. You may need to be observant and look for opportunities available. For example, think about gaps in products or services at your school, and come up with an idea to fill that gap. Start looking at where your passion lies and jot down possibilities for starting a business.
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Create a business plan. You need a business plan that states your mission, your goals for your business and the financial resources that you will need. The business plan will help you structure your plans and lay out your goals. As a college student, you have a lot of things to balance, and proper planning will help direct you toward your goals.
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Tap into resources at your college to help you build your business. Your college business department may help you get in contact with professors and business professionals who can offer advice on becoming an entrepreneur. You may also want to build a strong network of business-driven students who will provide you with support, from advising you on your business to providing the manpower or intellect to get your business going.
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Market your business. As a college student, take advantage of the resources that are available to you. You may want to contact the student programming office at your college and ask if you can speak about your business during a school event. You can also hold seminars or workshops. These tactics will help you and your business gain exposure, which may help your business garner new clients or be referred to potential clients.
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Comments
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janitsmith
Oct 28, 2010
Another option is to start a College Pro Franchise. I was a franchise owner for 3 years throughout my undergrad and had an incredible experience. I learned all the tools of the trade in running a small business. Not only that, but was a part of a great community of other students learning to run a small business as well. I learned to LOVE entrepreneurship through running my own franchise. Anyway, just something else to consider.
