What is holding university students from starting their own businesses?
Entrepreneurship has no age. It is all about passion, willingness and desire to have your own business. It is high time for university students to take this matter very seriously because streets are filled with unemployed graduates from local and international universities. While, some of the graduates are just working general jobs for them to survive. It is a call to all university students to start any business whilst they are still studying at school. It will make their life so easier when finished school. Remember that there is life after graduation. Here are some of the advantages for young folks to run their own business :
1) Free resources
We are living in an information age whereby you can easily find anything you want on internet. At the campus, there is free Wi-Fi that you can use to scale up your business by advertising on social media or to do research on how other businesses are performing in the market place.
There is also a school library which contains vast books of different fields which can eqquip young entrepreneurs with sound knowledge that will make the business to excel higher and higher due wise decisions influenced by prowess of intelligence.
Any university you can think of, there is plenty unoccupied space which is not in use. Who do you think it is for? Absolutely, it is for the students and they have an advantage to use it as a capital to start their own business. There is no need to worry about money for rent every month.
2) Less money is used to reach out to customers
Word of mouth, fliers and posters are the best tools to advertise the business to other students or to local communities. All forms of advertisement mentioned above does not cost a lot of money to do that. On top of that, more students will be willing to help you to advertise your business on a free charge.
3) It doubles your learning experience
Successful business people knows their business like the back of their hands. They truly understand what their competitors are doing, understand what their customers want and how to survive in their line of their business. Business experience is so real and most of the lessons you cannot find them in a formal classroom. As a matter of fact, when you establish your own business – you will be enrolling yourself into another school whilst you are still studying at the same time. It is a double edged sword of experience.
Written by
Kudakwashe T Muganu