I don't know about you, but I think that is better than choosing between no job and jobs that you're in just for the money. If it's the money you want, then consider entrepreneurship. You receive not only a salary, but also a lot of money if you're lucky enough to sell your company or take it public. Michael Furdyk, a successful young entrepreneur, was able to sell his business, MyDesktop. You develop networking skills. You've likely heard that your network increases your net worth.
Consider the fact that by running a business and constantly being in a business community, you will develop excellent contacts. If you choose to get a job after you graduate, you will have a great pool of people who will be more than happy to hire you or send your resume to somebody who wants to. You increase your value. Put simply, starting a business in college increases the value of "the brand called you" and gives you more options.
For example, an entrepreneur with a large brand value can publish a book, star in a documentary movie i. I recently met one of the founders of Diversity Planet, a job site for minorities. He spent a year working very hard on the company and has since left to take a reporting job with Dateline NBC at the ripe age of 20!
People don't often don't get an opportunity like that until they are much older. Operating a profitable business in the long term is less risky than being an employee in the long term. For example, just look at the recent economic downturn. Tens of thousands of people have been laid off.
I can guarantee the owners of profitable businesses are still with the business. They will be the last people to go down with a ship. Business owners can have multiple streams of incomes from different customers. If you're an employee, you only have one stream of income and therefore are bearing more risk. You will learn more about yourself and what they don't teach or prepare you for in school. Furthermore, entrepreneurship is the combination of all the disciplines of business. It includes knowledge of marketing, accounting, management and operations.
Already having knowledge of these topics before you take classes on them allows you to see more clearly how everything applies.
Also, you will be able to learn early-on what subjects you like so you can make better decisions on what to major in and what industries to target. It is yours. You make the rules, create your own hours, work from wherever you want and choose who you want to work with.
You can also pick what interests you the most in the world and then start a business that is related to that topic in some way. If you like art, you can start a design business. If you like marketing, you can create or choose a product and then market it. If you like writing, you can write a book and do your own public relations and marketing. If you like the Internet, you can start a Web development business.
You'll grow. I personally have grown a lot from owning a business. I used to be terrified to speak in front of others. Now I look forward to it. Before owning a business, I had probably read a total of five books outside of school, and I only read them because my mom made me. Since starting my business, I've probably read more than books. The business has also allowed me to learn more about myself. I know that I will be an entrepreneur forever in some way, shape or form!
If you have a business idea, or an idea for a service for your community, there's one decision you must make early on: are you going to structure your project as a for-profit business, or as a non-profit corporation?
Many people see entrepreneurship as an attitude of dogged determination in pursuit of the big buck. Being an entrepreneur is not simply a destination but more of a mindset. Successful entrepreneurs create a vision of what they want and are constantly searching out ways to make it real. They accept that setbacks and obstacles are inevitable on their journey, and not an excuse to give up. The most important traits for an entrepreneur are perception and purpose. They want to turn ideas into reality.
They have confidence in themselves and are prepared to take responsibility for the business. Successful entrepreneurs have reserves of energy and determination that go above and beyond, often believing that failure costs too high a price. Starting with enough money to hire people with all the skills and experience you need may make you a r egular businessperson or a scion if you inherited it, but not entrepreneurial.
I'm not implying better or worse. If you create a product or service that helps people so much that they reward you for it, you've served them. Starting with access to resources doesn't diminish your accomplishment in my mind. Bureaucratic or other business success is success and I applaud people who serve others so much that they reward them for it.
I believe this definition lowers the barriers to starting more than any other, which I believe enables people to practice entrepreneurship more than any other. Anyone can create a vision, a plan, a technology, and so forth. If you have all the resources you need to implement it, go do it. Entrepreneurs before you have marshaled resources to succeed and entrepreneurs after you will too. Top Stories. Top Videos.
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