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    Home   Business   Business Start-ups in College
    Business

    Business Start-ups in College

    Tushar ThakurBy Tushar ThakurNo Comments3 Mins Read
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    What many successful entrepreneurs have in common is that they made an early start in their business endeavours. One lesson you can learn from these humble beginnings is that you don’t have to wait until your done with your studies to start a business. Below we highlight points on how to start a successful business in college as well as some benefits.

    How to Start a Business in College

    Create a business proposal

    You need a business idea to start a business. Choose one that you are knowledgeable and passionate about. Passion, not profit, will drive you forward. So, consider your favourite hobbies and interests and think of how to turn them into money.
    Once you know what you want, create a business plan. It may sound difficult, but there are many templates on business proposals available online. Business proposals are a great way to get resources and get help from others.

    Find a business name

    Remember that a successful business endeavour requires a captivating name. You can brainstorm with your friends or even use name generators such as Shopify Business name generator to help find an ideal name for your business.

    Get a mentor

    The best thing about being in college is that you have access to many resources, such as professors who can review your business proposal and give constructive feedback. Get a mentor on campus who can stimulate your creativity, guide you through your business start-up process and offer emotional support when you are about to give up.

    Financing your Business

    Not only is start-up capital necessary, but you also need to know how to calculate your profit and how much you need to run your business. Fortunately, there are several funding opportunities you can take advantage of in your college.

    Learn social media as a marketing tool

    Most college students are very familiar with social media. However, it is a little different when used as a marketing tool. First, you need to learn how to network using social media. Next, focus on social networks that target your desired market. Remember to include this in your business proposal.

    Benefits of Starting a Business in College

    Application of your Learnings

    Supply Chain Management, Product Marketing, and Venture Capital are examples of modules taught in the classroom that could be very handy.

    Impressive on your Resume

    Even if you start a business while in college and it fails, it’s a big boost to your CV.

    Career Building

    Starting a business shows that you are self-driven and creative. These are qualities employers look for in an employee.

    Real-world Education

    You can only learn so much in class. The entrepreneurial world is a bridge between materials taught in college and the application of concepts. There is no better way to spur growth than starting a business.

    Conclusion

    Starting a business while in college is certainly not a game for children, but it is not impossible. All you need is a good idea, a little planning and preparation, and a will to succeed.

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    Tushar Thakur
    • Website

    Tushar is founder of Xtendedview. He love to experiments on different gadgets, software/apps. He is professional blogger and Internet marketer. He is Interested in electronics and computers, Internet technology, Search Engine Optimization, Internet Marketing. Running online business and Blogs

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