For the college students, their ultimate goal at the end of the day is not just to earn a degree, but to make sure that they land a job after graduation. However, it isn't really true that a student has to wait for four years until he or she gets that job because they can actually get a creative head start by starting out with their own business even while they are in college. There may be advantages and disadvantages but here are a few good reasons why it is a great idea.
College students have less to lose
According to Business Insider, college students practically do not own a lot of assets for them to really lose a significant value on a start-up. Even if they fail at their first few attempts, these students will have that experience and there will be no better time to take that risk except when in college.
They can make use of the college resources
Colleges and universities have the access to fast and reliable internet connections, office space, and valuable contacts through the university, according to Entrepreneur and these can be hard to find outside of the school.
Real world experience and education
In the classroom, students only get to learn concepts but applying these concepts can only be done when it is practiced in the real world, in this case, starting their own company or business. It may be more difficult than what is being taught and given inside a classroom but the lessons are very much valuable too.
Free mentoring
If you are a college student and you start your business, you can just get access to anyone to ask for advice. Successful entrepreneurs would love to share pieces of helpful advice to those who are starting up.