There’s no law saying that you have to graduate college before you strike out on your own. (Mark Zuckerberg, anyone?) BlackEnterprise.com has a slew of tips and tricks for your young students to help them launch a business while studying for finals.
Felicia Joy, author of Hybrid Entrepreneurship: How the Middle Class Can Beat the Slow Economy, Earn Extra Income and Reclaim the American Dream, gives several reasons why starting a business in college is a good thing:
Starting a business while you’re in college can be incredibly enriching in so many ways. First, if you build it successfully, you can make more money than you ever would at a minimum or student wage job.
Second, you will create an impressive career highlight that you can add to your rÃ©sumÃ© before you graduate; this will make you a lot more competitive in a tough job market.
Third, you might come up with an idea or business that literally makes you rich.
Fourth, if you grow the business to the point that you need help, you can recruit co-founders from your campus peers or hire smart students for minimal wages.
Fifth, even if you don’t come up with a million dollar idea you can make enough money to cover your expenses while in college and gain incredible knowledge and wisdom.
Sound good to you and your kid in college? Pass along these tips to help them get their business idea off the ground.