Becoming an entrepreneur as a student

As a higher education student, there are many individuals who are so overwhelmed with the sheer volume of study they must complete at every turn, that they can focus on little else. This is of course understandable; the years at college or university are arguably the most challenging and intense years of an individual’s life. For others, however, they are wired to always be building on concepts and ideas.

For these individuals, becoming an entrepreneur while still a student is a challenge they excitedly take on. Of course, it is one thing to conjure up a business concept, but it is quite another to actively and consistently take that concept and turn it into a profitable endeavour. This is especially true when one considers how competitive the modern marketplace is these days.

Understanding what it takes going into the process

Young entrepreneurs are dedicated and driven, but they are also abundantly aware that there will not be an easy trajectory from concept to fruition and beyond. Regardless of if the business you want to create centres around building a website that sells natural remedies, or a reputable local fleet management service, or any other manner of business concepts, it demands a lot of energy, time, and even (in most cases) money to get a business off the ground. So, have a plan going in, and be able to adapt if and when that plan needs a change.

Using your status as a student as a power play

This might sound strange, but you can use your status as a student to your advantage. Go to industry events in your area – and even outside of your area. Attend any seminar that can give you valuable insight into the world of entrepreneurship and the realm that your idea falls into. Go out of your way to speak to your teachers and get their advice and guidance.

Make it your business to track down entrepreneurs that you admire and interview them. There is something very admirable and brave about a student who is willing and able to jump out of their comfort zone. People pay attention to you – and not just because you might seem a little out of place to begin with.

Understanding that this move gives you a positive edge after university

While of course a college or university degree itself is an impressive advantage when you go to enter into certain career fields after graduation, many employers now prefer to see an application that has the candidate’s academic and work history, as well as any personal moves they have made to advance their skills and harness new talents on their own dime and on their own time. All this real-world experience gives you an edge. So, use it as your ultimate power play. Potential employers will notice you, and you will go into your career field already having learnt a lot – not only from your classes, but from the real-world experience that you made happen.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes.