Starting a business while in university is rarely a bad decision. The vast freedom can be utilized productively to start a business not ...
Starting a business while in university is rarely a bad decision. The
vast freedom can be utilized productively to start a business not only
for financial gains, but for other benefits as well. Here are five
reasons why starting a business while in campus is ideal
1. Easier to access finance for the business.
Outsourcing funds as a student is easier. Loans such as HELB that are also relatively accessible can be preserved in the noble course of starting and maintaining a business. In addition, it is easier to access facilities
such as student centers where students can put up their businesses.
2. College time is the perfect time to bounce back when you fail.
Every business has its risks. No business is immune to failure. However, for student businesses that fail, it is easier to bounce back because the magnitudes of risks for a student business are not to a large extent as compared to businesses spearheaded by normal citizens.
3. Students are more open to cheaper possibilities.
A university is a hub for massive intellectual stimulation. For example, students pursuing business, economics and entrepreneurship courses stand a better chance in the business world because they can use the skills
they acquire in their lectures to the welfare of their own businesses.
4. Enables you to build your career.
A career is a long term adventure that could be nurtured by the business you start while still in
campus. Individuals such as Mark Zuckerberg, who created Facebook started their innovations while still in campus. Right now, Zuckerberg’s net worth stands at 33.1 billion dollars. In addition,
when you get other jobs in the future, the business could ‘act’ as your side hustle.
5. Builds trust and experience.
Students who have started businesses have an upper hand in accessing jobs when they graduate. This is owing to the experience they gain as well as the skills they acquire in the
course of managing their businesses. In addition, this could be a desirable skill to add to your curriculum vitae. Contemporary interview panels have a tendency of asking the interviewee to point out something they have done in the society exclusive of their earned degree. Your business venture may come in handy at this point.
1. Easier to access finance for the business.
Outsourcing funds as a student is easier. Loans such as HELB that are also relatively accessible can be preserved in the noble course of starting and maintaining a business. In addition, it is easier to access facilities
such as student centers where students can put up their businesses.
2. College time is the perfect time to bounce back when you fail.
Every business has its risks. No business is immune to failure. However, for student businesses that fail, it is easier to bounce back because the magnitudes of risks for a student business are not to a large extent as compared to businesses spearheaded by normal citizens.
3. Students are more open to cheaper possibilities.
A university is a hub for massive intellectual stimulation. For example, students pursuing business, economics and entrepreneurship courses stand a better chance in the business world because they can use the skills
they acquire in their lectures to the welfare of their own businesses.
4. Enables you to build your career.
A career is a long term adventure that could be nurtured by the business you start while still in
campus. Individuals such as Mark Zuckerberg, who created Facebook started their innovations while still in campus. Right now, Zuckerberg’s net worth stands at 33.1 billion dollars. In addition,
when you get other jobs in the future, the business could ‘act’ as your side hustle.
5. Builds trust and experience.
Students who have started businesses have an upper hand in accessing jobs when they graduate. This is owing to the experience they gain as well as the skills they acquire in the
course of managing their businesses. In addition, this could be a desirable skill to add to your curriculum vitae. Contemporary interview panels have a tendency of asking the interviewee to point out something they have done in the society exclusive of their earned degree. Your business venture may come in handy at this point.