Tag: reasons to launch a startup

5 Reasons To Take The Leap of Faith And Give Entrepreneurship A Chance

In this post, I discuss 5 reasons to take the leap of faith and give entrepreneurship a chance. After startups have been highlighted everywhere in the last few years, there is no better time to consider becoming an entrepreneur than today.

Startups and entrepreneurship is what is ‘in’ right now. Everywhere you go, you’ll hear something about startups. You turn on the television and you see shows such as Shark Tank constantly promoting entrepreneurship.

If you are an individual who has considered entrepreneurship, but never pursued it for whatever reason…..this article is perfect for you. In this article, I’ll share 5 reasons to take the leap of faith and give entrepreneurship a chance:

1. Experience Something New 

Forget about success or failure, the journey of entrepreneurship is great enough because it will give you the opportunity to experience something new. In the first 6 months of entrepreneurship, I had learned more during that time than at any point in time of my life.

By taking the leap of faith into entrepreneurship, you are exposing yourself to a whole new world. You get to negotiate business deals, make sales, tap into your creativity, network and pick up so many other skills that you wouldn’t be able to do otherwise. If you’re looking to change your life and experience new things, this is the best idea for you.

2. Freedom

If you’re tired of being a yes man and working for someone else, that’s a good enough reason to become an entrepreneur. There is no greater feeling and satisfaction in the world than working for yourself. If you want to work your own hours at your own location, there is no career path that provides freedom like entrepreneurship.

For those seeking freedom and a greater purpose in their lives, entrepreneurship is the way to go. You may not get freedom immediately if you want to be successful since you have to work long hours without much pay, but the payoff in the long run can be incredible.

3. Build Your Legacy 

At some point, everyone realizes that they were put on this planet for a bigger purpose. Whether it’s to change the world, change a culture or whatever it is, entrepreneurship allows you to truly build your legacy for the long run. My passion for being an entrepreneur has to do with my desire to leave a legacy that outlives me.

You’ll never know how far you can build your legacy without giving it a chance. Becoming an entrepreneur puts you in the driver seat to control your life and how people remember you. By creating products, services or ideas that can change the world forever, entrepreneurship is a great way to build a solid legacy.

4. Financial Independence 

Whether we like to admit it or not, money is extremely important in this world. It’s what runs a lot of the world at the end of the day. By becoming an entrepreneur, you can put yourself in a position to be financially independent for the rest of your life.

If you’re able to build your business and grow it to a sustainable level, you can earn a lot of money without having to put in a lot of hours. The beginning is always the hardest, but when everything has been set up…..you can really create an exceptional operation. If you’re seeking financial independence, entrepreneurship is a great path for it.

5. Meet New People 

When I became an entrepreneur, I entered a world where I didn’t know a single person. From networking, reaching out to others and meeting others at various venues, I ended up building a massive network of other entrepreneurs. In the last 5 years, some of these individuals have become my closest friends and I hold powerful relationships with them.

If anything, entrepreneurship will open you up to a whole new world of unique people. If all else fails, you at least have the opportunity to meet new people. From these connections, you have no idea what can come in the future.

Conclusion 

In this article, I shared 5 reasons to take the leap of faith and give entrepreneurship a chance. What are some reasons why you decided to become an entrepreneur?

10 Reasons To Launch A Startup In College

This article will discuss 10 reasons to launch a startup in college. Entrepreneurship is something fun, exciting, and difficult that everyone should experience at some point. See why I think it’s wisest to create a startup during college.

 

I launched my first business at the age of 17 while I was still a senior in high school. It was the final semester of high school and I was extremely motivated to do something big.

 

 

I was lucky to find this motivation at an early age, which is something that other people don’t find till later on in their lives. While most entrepreneurs debate whether a college degree is important or not, I want to discuss 10 reasons why students should build a startup during college.

 

 

1. Professors Are Helpful Resources

 

Many professors or faculty members at colleges can be valuable resources for students who are creating a new startup. I’ve met tons of business professors who have businesses on the side or built successful companies in the past.

 

 

Not only that, but you have access to professors who have expertise in all different fields. It’s an easy, but effective way to reach out to faculty members to get additional help for your startup.

 

 

2. It’s The Easiest Life Will Ever Be 

 

While your college classes may seem hard, life could be a lot tougher. Launching a startup in college is the best timing for many students since it’s the easiest life will ever be.

 

 

As a college student, your expenses are low, frugal living is part of your DNA, and hopefully you don’t have any overwhelming responsibilities. This is the perfect recipe for building a successful startup.

 

 

3. Testers Everywhere

 

One of the greatest parts about starting a business in college is that you have beta testers and potential customers everywhere.

 

 

It’s as easy as reaching out to a professor or a club and asking them if they’d be willing to help you test your product or startup with a large group of students. This gives you a cost-effective way to get feedback and quality output from your classmates.

 

 

4. Endless Energy

 

Your 20’s are generally your prime years for getting things done. Even though most of us spend this time partying and having a blast with friends, it’s the time when you can be the most productive.

 

 

Utilizing your 20’s to build a startup company is great because you have the energy and drive to succeed. When your life has no direction, it’s the best time to create a startup because you can find that direction quickly.

 

 

5. History Repeats Itself

 

Popular startups that went on to become billion dollar companies have often times originated during college. Facebook, Microsoft, Dell, Apple, and many other successful businesses were started by entrepreneurs in college.

 

 

6. You Have A Backup Plan 

 

You’re in college for a reason. You’ve created a plan on what you will do once you graduate from college. If your startup doesn’t go well and fails, nothing changes.

 

 

By creating a startup in college, you literally lose nothing besides some sleep. If everything fails, you get back to the grind in class and start working towards your degree or fall back plan.

 

 

7. Networking For Life

 

In business, it’s all about the people you know more than what you know yourself. Connections can have life-long implications that can be extremely beneficial to your business.

 

 

By starting a business in college, you can have many doors opened to you. Not only that, but you may end up meeting people who may change your life forever.

 

 

8. Get Access To Tools

 

Many colleges provide tools to students to utilize for free at a library or computer science building. Tools like Adobe Master Suite, Prezi, or Dreamspark can be acquired for free simply because you have a .edu email address.

 

 

9. Your Story Sells

 

Students that show a passion for building startups while in college tend to sell a lot more in the media/press. It’s always great to see someone young chasing their dreams and succeeding.

 

 

If all these reasons aren’t enough, just know that your startup will get more media coverage because you’re still in college.

 

 

10. College Is All About The Experiences

 

You attend college because you want to experience new things and moments that will last you a lifetime. What better way to experiment in college than to create a startup to learn more about what it takes to build a successful company.

 

 

Conclusion 

 

Entrepreneurship is something that everyone should try at some point in their life. It’s fun, exciting, and can teach you a lot about business and life. These are 10 reasons why you should launch a startup while you’re in college.

 

 

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