As a student, you are not living in completely real world with all responsiblities which does help to take big step. Once you join the corporate world and start getting the paychecks, you will start thinking about what will you loose if you start your own company. Once you marry and have kids, it becomes more dificult to take risk as you have to support your family and you can't spend enough time with your new venture.
Students: If you miss this opportunity, it's going to be much tougher to leave your job and start you own company.
One question I have is: How do student loans factor into starting a business when you graduate?
“Just because I’m biased, doesn’t necessarily mean I’m wrong.”
No, but being stupid probably does!
You have not said anything that can be tested. To be precise:
- are you speaking of _all_students? (of course not, but precisely which ones?)
-What population are you comparing "students" with? (Insane asylum residents, the homeless, Iranian dissident students, college graduates, etc. )
IOW you have added nothing to our knowledge with your post other than indicating how empty-headed and poorly-reasoned you are. You should return to college and study rhetoric, logic, probability and statistics.
Tough crowd. Thanks for the first vitriolic comment on this blog.
Will keep these kind of comments around in case I ever get a big head.
It looks like somebody has spent a few too many years being beaten down by the man at [insert fortune 500 company]. Yikes!
Dharmesh, very astute! I've met many of those people that go to work every day. They can't wait to get out of work so they can get to their hobbies. How much happier is the person that learns to make a living at his hobby? Unfortunately, the people that are "stuck" in their jobs jealously label the people that are making money at their hobbies....."work-aholics".
My theory is that this is not confined to entrepreneurism in business alone, but applies to science and mathematics as well. Newton, Einstein, Galois, Abel, - the list of 20+ achievers is endless. GH Hardy famously remarked that mathematics is a young man's game.
Darmesh, I'm sorry for the vitriol sent your way. I find your weblog very encouraging. It's just the sort of food for thought and confirming experiences to lift me a little higher as I work towards my startup. I believe you are giving helpful encouragement. Thanks!
Excellent post as usual, however this time us employees have something to say as well: http://ismangil.wordpress.com/2006/07/04/why-employees-make-great-entrepreneurs/
Old-timers can be great as well!
This is a great post. I would like to add how powerful the networking opportunities via faculty and guest lecturers can be. An entrepreneur myself, the lessons I have learned from speaking with people I have met in my time at Babson has been invaluable.
You know, this sounds good but I don't think that it stands up to reality. Over 99% of students don't start their own businesses (while being students). They are just students.
To talk about less than 1% is really just to talk about a stereotype. It's a positive stereotype, sure, but if these advantages were significant, more students would start their own businesses.
All five rationales are nice (and I'm sure that students feel flattered!) but, frankly, they aren't worth much. I don't think that even having all five really puts you in that much better position to start your own company. I guess that I see it as a little bit of grease; if you are already entrepreneurial-minded, being a student might enable you to choose to start a business at that time.
This is an interesting theory. However, I think the underlying reason is that college years can be a real source for positive reinforcement and social bonding.
This is necessary for any kind of success in life. You should always set out to surround yourself by positive and supportive people.
However, for many public education students, the academic experience does not bring out that much recognition, leadership or business emphasis. Instructors are generally not very reinforcing or kind.
In fact, in High School, I found many of my classes and instructors to be discouraging. Most didn't seem to reach out on a human level. A lot of instructors were negative about our prospects and would make off-handed remarks about our bleak futures in fast food industry.
Well said. Very inspirational. My business partner and I are students. It is business men like yourself and my mentors that believe in us enough to give us a chance. Thanks.
Nice thought, but I personally feel that being a successful enterpreneur has nothing to do with being a student or not being one.
A student's ususal motive is to learn, an enterpreneurs to earn money (lets keep morality aside for the time being). Whatever one wants to do one has to do it, it only matters whether you have the heart to face the odds.
A handsome bachelor (student) needn't be a good father (enterpreneur) and that does not stop him from being a loyal husband (employee) , they are all different roles, we need to understand each one of them in its entiriety.
Nice to see Dharmesh Shaw's post. I am firm believer of Student Enterprises. Actually I am running a project supported by Indian Government called Center for Student Enterprises at NITIE Mumbai. Every student is forced to start and run an enterprise part of MBA prog. and they are doing it. To learn swimming, some body has to push the guy in to waters and save him. I run International Student Enterprise Awards ( Oct 2008) and get very good nominations .. Hellow intern, coherendz, webvastra were some of the student companies..
Well, I believe that you are writing based from your experiences.
I would assume that you have a good sample for student entrepreneurs. In our case however, it was not that fruitful.
Successful student entrepreneurs based from our experiences are not those with high IQ or those with high periodical exams. These are the first ones that gave up after encountering some constraints in their respective businesses. You would see them after in a corporate landscape as an employee. These are the students that looks at risks first before the opportunities.
If schools would like to recruit potential student entrepreneurs in their programs they should go outside of their campuses and scout for kids who are already assisting their parents in their enterprises; orphans in the street who initiated small service ventures in the alleys just to get their daily meals. The seed of entrepreneurship most likely have been planted in their hearts. These are kids if given an opportunity will surely succeed in an Entrepreneurship Program. But again, it is only the first half...