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Ask HN: What advice would you give college students about starting a business?

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Re: Ask HN: What advice would you give college students about starting a business?

#51
post #47
post #46

Earlier quoted context omitted.

THEY ARE NOT THE SAME THING. Saying that doing a student organisation is a nice thing because it's cost of failure is 0, is not a very good logic. In fact, it is the risk factor that mostly forces us to go above and beyond when everyone else is giving up. Persistence is the key, and a good way of achieving that could having limited high risk, so that you don't quit during tough times. Sooner or later, there comes a p…

Right, they are not the same thing: they do share similarities, however. I must not have made my point clearly. My own experience has to do with starting a group that has a non-trivial operating budget (O(10k), decent for a student org), customers, technology that we developed for our projects, and funded by grants for which we are required to show demonstrable progress. There are a few groups like this at my univers…

I have done something similar and I share your viewpoint, it is not a replacement for a real company in real economic circumstances but I did need to develop a lot of skills that I wouldn't have learned in classrooms.

I'm still in college though so I can't tell you how beneficial these skills will be when I either startup or enter the workforce.

Re: Ask HN: What advice would you give college students about starting a business?

#52
Get Organized: I found that in college you can get away with being un-organized, with a business you really can't. Dropbox, Google Docs, Zoho, various Chrome extensions, and other Task MGMT software have saved my life.

Workout in the morning:I found this is a great way to start the day, make time to workout regardless. Morning if you can

Re: Ask HN: What advice would you give college students about starting a business?

#55
Although it doesn't address your questions directly, this talk about making money online by David Heinemeier Hansson, co-founder of 37Signals and creator of Ruby on Rails, makes quite a lot of sense when you're juggling around all the thoughts about becoming an entrepeneur. http://37signals.com/svn/posts/981-the-secret-to-making-mone... Enjoy. Take care, Karl
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