Entrepreneurship is a contact support. Entrepreneurs studying entrepreneurship in college so that they can then start their own company after college are missing the point — the best time to start a company and be an entrepreneur is right now. Starting a company doesn’t mean quitting everything and throwing caution to the wind, rather, you can start a business on the side and learn as much as possible. Do I advocate running a startup part-time? No. Do I know anyone that’s been successful doing it? No. Is it still a great way to learn? Yes.
Here’s what entrepreneurs should do in college:
- Start a business on the side offering a service that you’re good at or selling a product that you’re passionate about
- Build deep relationships with classmates as your network is forever valuable
- Spend time with other like-minded entrepreneurs to develop a peer group
- Take practical and/or challenging subjects like accounting, finance, software development, and engineering classes
There is no pre-requisite for entrepreneurship, especially not college. Entrepreneurs should focus on building their social networks and technical skills while running a business on the side in college.
What else? What other thoughts do you have on entrepreneurs studying entrepreneurship in college?