Starting a Business in Your Dorm Room

Man standing in archway: Starting a Business inYour Dorm Room

College students have many different options for a future career. Those options can span many areas, from healthcare and technology to sales. But what about a different career path, one that can still benefit from a college education, possibly yielding a greater quality of success?

It’s a career path one may or may not have considered. What is it? It’s entrepreneurship.

Entrepreneurship is about taking chances and inventing opportunities to achieve personal success. In becoming an entrepreneur and starting a personal business, valuable knowledge and positive reinforcement are gained from an exciting yet nerve-racking educational experience. Consider it: making your own money, being self-employed, and possibly being protected from job loss (although, at the cost of paying your own overhead!).

There are countless resources available should this career pathway seem exciting, ranging from entrepreneurship programs to colleges offering degrees in it.

There are also funding sources provided by numerous business plan competitions at different colleges, designed to provide awards and other financial assistance based on the qualities of the potential recipient (e.g. gender and ethnicity).

Another invaluable resource is a small business incubator; these facilities involve various office sizes, warehousing and manufacturing space, and other helpful items and mentorship for budding entrepreneurs.

Another benefit of starting a business while in college is as a student you have access to a wide range of free business help. You have professors you can use as consultants which in the outside world would cost you hundreds of dollars. You have free access to computers and the internet. You can make copies free or at rock bottom cost.

And you even have a focus group you can access: your college friends. The best part depending on your product you are already in the midst of your potential first customers.

Consider the views of college student-cum-entrepreneur, Angelica McRae, CEO of Angelica Scents™, a company that specializes in supplying designer fragrances to customers for discount prices: “It’s great, liberating; it’s an introduction into the world of business,” she says. “It’s also self-satisfying, Making you feel independent and teaches you a lot. It can make you feel self-reliant, like you are accomplishing something worthwhile.”

Another up and coming entrepreneur is Pattie Jones, CEO and Co-founder of Thullo Films™, an independent film company that produces documentaries, short and feature-length films. “I like the fact that as an entrepreneur you have creative control over your work, being your own boss. I hold a position that allows me to create future opportunities for other people,” Pattie says. “I also have learned you never work harder than when you work for yourself.”

Being an entrepreneur can be an exciting experience. For more information on this thrilling opportunity, consult a local library, research online, or take a class. The most effective way for one to learn is to heed the advice and experiences of those whom have already made the journey. Considering setting up interviews with professional entrepreneurs; learn from colleagues and join organizations such as the National Association for Community College Entrepreneurship (NACCE) or College Entrepreneurship Organization (CEO) and take advantage of their resources and peer support.

The number one way to learn about entrepreneurship and to discover if it is for you is to get out there and get your feet wet. Jump in, take risks, challenge yourself, trust your instincts, and learn from both experience and the experienced.

Entrepreneurship can be the opportunity of your lifetime today or tomorrow!

You can find out more about the entrepreneurs in this article and their current projects by visiting their websites, Angelica Scents at www.angelicas-scents.com and Pattie Jones at www.theinvisiblepeople.net.

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