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Tips for starting a business in college?

I've always been entrepreneurial and I want to start a business in college. Can anyone share some of the easiest businesses to start while still in college? How did you balance it with your coursework? Looking forward to your insights!

a month ago

Some colleges and universities have entrepreneur-in-residence programs, or startup incubators, which can be incredibly useful for students who want to start their own businesses. As part of these programs, you'll likely get access to experienced mentors, networking opportunities, workshops, funding sources, and even workspace. These resources can help you refine your business ideas, create a business plan, understand your target market, and learn about operational logistics.

When it comes to the types of businesses that might have a lower barrier to entry for college students, some options could include event planning, digital marketing, tutoring, or crafting (if you're into creating unique, handmade goods, Etsy could be a good platform for you). There's also a huge market for web and app development if you have coding skills. The key is to find something you're passionate about and consider how it can be monetized, while also assessing and understanding the potential demand for your product or service.

Balancing coursework and a startup can be challenging. Hence, it's essential to set priorities, time manage efficiently, and possibly delegate some responsibilities. It's also vital to keep your professors informed and ask for flexibility when necessary. Some entrepreneurs suggest treating your business like another course, setting aside specific times each week to work on it, just like you would with homework or studying.

Remember that starting a business is a learning curve and there might be failures along the way. But these can lead to important lessons and resilience! As they say, "Success is not final, failure is not fatal: It is the courage to continue that counts." Best of luck!

a month ago

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