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Top 10 Reasons to Start Your Own Business While Studying in College

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5 years ago

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A Snapshot of the Dynamics of Life

While growing up, we were led to believe that the cycle of life is being born, going to elementary or primary school, high school, join college, get a good job, marry then get a family of your own. In most cases, whoever told you that, is maybe, say 60% correct because a lot of changes occur once you are done with high school.

Some people decide not to go to college and pursue their dreams-some of these people even end up being so successful that no one would ever believe they never went to college. Others never really completed pursuing their college degrees for a reason or two. Click here to see a number of such cases.

However, not all of us are that lucky to have ready opportunities waiting for us after high school. To make it worse, 90% of parents will definitely not be happy to see their children drop out of college. You’re probably here because you are in college or maybe planning to join one; and wondering whether you can start a business while still studying. Well, in this article, you shall clearly understand exactly why you should start your business while at college. You shall also know how today’s very successful entrepreneurs who started their businesses while at college made it.

Classes are really time-consuming and definitely saps the energy out of you and you need time to rest. But what about your free time? What do you really do? Why don’t you turn that time into something that can get you some extra cash? Note that campus is the only place that you will get ready customers and if your idea is service delivery, students are very ready and eager to test and promote your idea for free. If in doubt, remember that the world’s biggest companies Google and Facebook were first used in college.

Why You Should Start that Business While in College

Here are the top 10 reasons as to why you should consider starting your own business while still in college;

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  1. Ready customer base

If you are in a well-established college that has hundreds if not thousands of students, count that as a plus for you. Students are always there ready to buy anything as long as it is cheap. If you have an idea, say the next Facebook or the next Google, the students are always there and you will definitely have an easy way of collecting your data through their honest opinions. If your products are nice, word will spread like wildfire advising other students come to try your services as well. However, the main secret to a success here especially if you’re involved in selling something, be friendly and make lots of friends, you will come to understand what the phrase ‘Tell a friend to tell a friend’ really means.

  1. You have little to lose

In most cases, those in campus don’t have many responsibilities yet. Most students don’t have children or are not the breadwinners of their families as the majority mainly depend on parents and guardians for pocket money and survival. This is the best chance for you to venture into business without really having to worry what you are going to eat later on-or rather you won’t be stressing over paying someone else’s school fees or rent.

  1. You have all the time in the world

As a student, you definitely have to balance between studies and other stuff. When you do the math, you really have lots of free time in your week if not in your day. In most colleges we have interacted with, students have on average two classes in a day. That’s at most 6 hours in a day. Sometimes you got a class in the morning or afternoon other times. Why don’t you use the time you are not in class or studying to run a business? Instead of binge-watching many TV shows at ago, why not watch an episode a day and spend the other times doing something that is the money generating for you?

  1. You gain early ‘Real world’ experience

Yes, the real world. It’s tough out there, guys. The truth is that there’s no better way to learn than by doing. And starting a business while still in college is the best way to do just that. Make practical use of the skills you learn in class while still learning them! Despite what some of your professors and lecturers might tell you, the key to running a business is not an A in economics, but by having an understanding of how running a business is in reality and how to best market to your consumers.

  1. Lots of resources at your disposal

Let’s face it guys, you pay quite a lot of money to these institutions. Do you really want to leave college without making the most out of your money? There are libraries of course where you can learn more, but haven’t you thought about the free Wi-Fi or halls that may not be occupied? These are some commodities most businesses pay a fortune for.

  1. You can easily get mentors

Another thing you get for ‘free’ is your professors and lecturers. Those guys love it when a student involves them and seeks their advice pertaining to issues such as starting businesses. Moreover, get in contact with someone who is successful in the same field you want to get into and seek their advice. Sometimes the person you would like to get a piece of advice from is a CEO of some big company and is so hard to find, in that case, contact their secretary, tell them who you are and ask to book an appointment. Most times, the successful love to share with upcoming individuals and you’ll definitely get a meeting with them, someday.

  1. You will gain work experience

Believe it or not, some students actually graduate college without a single job experience. While internships with big companies are certainly a plus for someone, they’re extremely competitive. Having a start-up business experience on your resume or CV as early as when you join college, can be equally impressive. Your level of hands-on experience will far surpass that of any student intern at whichever company.

  1. You get a good control of your life-early enough

Running and managing a business needs someone with a sound mind. Moreover, here you get to train on how to handle responsibilities early enough. Some businesses will even harden you to withstand pressure and learn of ways to cop up with it sooner. Sometimes when you start a company, sometimes you may mismanage your finances but you slowly learn to manage your money correctly.

  1. You get to identify your passion early

There’s a famous quote that an average person should have three hobbies; the first one for enjoyment e.g. traveling, the second one to keep your body fit e.g. swimming, sports and the third one is to get the money. The third one is of course, the one we mean. That is the one folks like Bill Gates, Mark Zuckerberg and Steve Jobs had in common-they had a passion in computers and they discovered that while still in college.

  1. You can afford to fail

No one really wants to fail at something especially after they have invested in them. The sad reality is that many successful stories such as the one for Colonel Sanders show that the founder of KFC did not fail and get rejected once, ten times, a hundred times but more than a thousand times! Well, for your case, it is easier as you do not have kids or people who depend on you-in most cases. But then, in today’s ideal world, when your business keeps on failing, then there must be something wrong or something you may or may have not done.  Final thought Entrepreneurship is a slow, intriguing learning experience. If you can summon the courage to make the jump, you are sure to have a rewarding and life-changing experience and success. If anything, this article proves one thing that is very important for our millennial generation that you don’t need a college degree to start your own business!So while the thought of starting your own business might seem a bit grim at the moment, you should still consider it. The risk isn’t as bad as it seems - and the perquisites are just so impressive!

Author’s bio. Daniela McVicker is a freelance writer, blogger, and editor at Top Writers Review. She graduated from Durham University and has an MA in psychological science. Her passion is travel and finding ways to enrich students’ learning experience.]]>

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People & Lifestyle

Celebrating 25 Years: Otumfuo Osei Tutu II’s Reign

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22 mins ago

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April 26, 2024

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Celebrating 25 Years: Otumfuo Osei Tutu II's Reign

Today marks the 25th anniversary of Otumfuo Osei Tutu II’s reign as the Asantehene, the King of the Ashanti Kingdom.

The celebrations, which began with spectacular fireworks witnessed by Otumfuo himself, will culminate in the Silver Jubilee anniversary on Akwasidaekese on June 12 at Dwabrem, Manhyia Palace.

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This milestone is a testament to Otumfuo’s impactful leadership, dedication to the Asante people, and contributions to education and research as the Chancellor of KNUST.

The event is being celebrated across Ghana, with well-wishes and congratulations pouring in from various quarters, highlighting the significance of this occasion for Asanteman and Ghana as a whole.

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Mr. Beast in Ghana: Surprising Visit Sparks Excitement

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36 mins ago

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April 26, 2024

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Mr. Beast

World-renowned YouTuber Mr. Beast, known for his philanthropic acts, has been spotted in Ghana, specifically in Accra and Tema, sparking excitement among locals.

His visit has led to discussions about his choice of Ghana over other African countries, with some suggesting that the country’s popularity as a tourist destination played a role.

Mr. Beast’s presence in Ghana is part of his global outreach, as he recently gifted a Ghanaian $25,000 as part of his X (Twitter) giveaway.

Read Also: Producers of 'Beast of No Nation' return to filming in Ghana, causing upset in parliament

The YouTuber has been seen exploring the country and interacting with locals, with many expressing their desire to meet him and participate in his charitable endeavors.

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Stephen Appiah to contest John Dumelo and Lydia Alhassan in MP race for Ayawaso West Wuogon

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40 mins ago

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April 26, 2024

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Stephen Appiah to contest John Dumelo and Lydia Alhassan

Former Black Stars captain Stephen Appiah is set to enter the political fray by rubbing shoulders with notable personalities in the upcoming general elections.

The former Juventus midfielder is believed to be lacing his boots to face the likes of John Dumelo and the incumbent member of Parliament for the Ayawaso West Wuogon Constituency Lydia Alhassan.

While Dumelo and Alhassan represents the NDC and NPP respectively, Appiah is expected feature in the elections as an independent candidate.

This was revealed by the Spokesperson of the Ayew family Fiifi Tackie via X on Friday afternoon.

“Stephen Appiah to contest Ayawaso West Wuogon constituency as an independent Parliamentary candidate,” he wrote.

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If Stephen Appiah affirms the reported news, he will be following in the footsteps of other renowned figures in Ghana football who have indulged in politics recently.

Earlier this year, all-time top scorer of the Black Stars Asamoah Gyan was appointed as the sub-committee chair of Youth and Sports in the campaign committee of Dr Bawumia, the flagbearer of the ruling New Patriotic Party.

In acceptance of the appointment, Gyan emphasised the need to share hos ideas garnered through experience in the game.

Anas took $100,000 to stop documentary release – Kwesi Nyantakyi
‘I have enough experience to contribute to sports – Asamoah Gyan reacts to political appointment
“I always ask myself, how do we create change if we don’t want to change? How do we spectate without being on the bench, and how do we score without being on the field?… All I know and will ever know, all I love and will ever love is SPORTS.” he stated.

Another figure in Ghana football who recently announced his intention to engage in partisan politics is Kwesi Nyantakyi, former Ghana Football Association (GFA).

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The former football administrator showed up as one of the candidates to contest in the NPP primaries for the Ejisu constituency following the demise of incumbent John Kumah.

However, it didn’t pan out well for the former Wa All Stars owner as he lost disappointingly.

He garnered a paltry 35 votes after close to 1,081 delegates had cast their votes in the parliamentary primary of the New Patriotic Party (NPP) held in the Ejisu Constituency on April 13.

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Rebecca Osam: A Champion for Women’s Empowerment in Africa

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1 hour ago

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April 26, 2024

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In a heartfelt social media post, Rebecca Osam, Managing Director of Reflo Company Limited, Reflo’s TV, and Femme Fatale Productions Limited, has pledged her full commitment to empowering young women.

Rebecca expressed her desire to move beyond mere inspiration and instead build a deeper connection with young women, offering guidance and support to help them achieve their goals.

Her passion for women’s empowerment stems from her experiences growing up in Africa, where she witnessed firsthand the oppression and lack of opportunities faced by women. This drove her to co-found The Florence Mensah Foundation with her mother, aiming to empower African women and girls, and encourage them to recognise their worth, strength, and potential.

Through her foundation and personal endeavors, Rebecca seeks to provide a supportive platform for young women to thrive. She aims to be a relatable figure, offering mentorship and encouragement to help them overcome challenges and achieve success on their own terms.

Rebecca’s dedication to empowering young women proves her leadership and commitment to creating positive change in her community. Her efforts serve as an inspiration to others, highlighting the impact one person can have in driving gender equality and women’s empowerment.

As Rebecca continues her work, her message resonates with young women across Africa: “Anything is possible, and I am here to support and cheer you on every step of the way.”

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Caradise Ghana Car Rental Facilitates Transportation for Global Christian Forum held in Accra

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2 hours ago

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April 26, 2024

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Caradise Ghana Car Rental has once again successfully facilitated the transportation of over 240 participants from 60 countries across the globe for the recently ended Global Christian Forum in Accra, Ghana.

Numerous buses hauled the various participants from the Airport to their designated hotels from the 12th to 15th of April, 2024. Participants were then transported from their hotels to the conference grounds daily for the gathering of devoted Christians from the 16th to the 19th of April, 2024.

The forum began with a vibrant, joyful worship service held at Accra Ridge Church. The Rev. Dr. Casely Essamuah welcomed participants to Ghana and to the Fourth Global Gathering, and participants spent the day sharing their faith stories with one another across the litany of differences represented. 

The forum was climaxed with a dinner and 25th anniversary celebration at the Action Chapel Internation Church hosted by Archbishop Nicholas Duncan-Williams.

After the forum, the participants took the opportunity to visit the Kwame Nkrumah Memorial Park and Mausoleum where they learnt about the great Pan-Africanist, Osagyefo Dr. Kwame Nkrumah and Ghana’s journey to inpendence.

The participants also spent a day in Cape Coast where they learnt about the millions of enslaved, dehumanised African men, women, and children at the Cape Coast Castle. Witnessing first hand how Africans were forcibly taken captive to the Americas, Caribbean, and Europe as objects of lucrative trade.

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DJ Khaled Announces Second Annual We The Best Foundation Golf Classic On June 12 & 13 in Miami Beach !

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3 hours ago

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April 26, 2024

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GRAMMY® Award-winning, global megastar DJ Khaled proudly announces the return of his annual WE THE BEST FOUNDATION GOLF CLASSIC for the second year in a row.

For 2024, the mega-popular charity event expands to two days on Wednesday June 12 and Thursday June 13 in Miami, FL. Given the demand by countless superstar artists, A-list athletes, and entertainers to participate, he needed to stretch the proceedings over two days!

Once again, the event will be sponsored by Jordan Brand, and all proceeds support the We The Best Foundationand its numerous efforts to bolster education. Stay tuned for the multitude of exciting confirmed guests, and more.

Khaled created a cultural groundswell and personally appeared on ESPN’s SPORTSCENTER to break the news of the second installment of the WE THE BEST FOUNDATION GOLF CLASSIC today. Watch HERE.

Regarding the return of the WE THE BEST FOUNDATION GOLF CLASSIC, he commented, “Last year, the WE THE BEST FOUNDATION GOLF CLASSIC brought out so many friends and family to make a difference, play some great golf, and have an incredible day for a great cause. This year, we’re going even bigger, and we thank everyone for their continued support. TEE UP AND BLESS UP!”

Last year, the inaugural WE THE BEST FOUNDATION GOLF CLASSIC hosted Serena Williams, pro golfers Michael Block and Bubba Watson, Odell Beckham, JR., Shannon Sharpe, Victor Cruz, Jalen Rose, Terrell Owens, Marcus Jordan, Jeezy, Quavo, The-Dream, Swizz Beatz, Timbaland, Fat Joe, Cedric The Entertainer, Joey Fatone, and more. The foundation raised over $500,000 which benefited the enrichment of children and youth through educational programming, scholarships, and extracurricular activities.

More guests and partners for 2024 will be unveiled soon.

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