TIPS ON HOW TO CREATE A STARTUP IN COLLEGE AND HOW TO FIND A SUITABLE CO-PARTNER

Before starting, there are tons of books which may offer you an honest flavour and understanding of Startups:Zero to one , The Lean Startup, Steve Jobs, Elon Musk, etc. You will not become an Entrepreneur by reading books, but you’ll definitely have a far better understanding and a few motivation – so you want to read them

Google, Facebook, Microsoft. All three companies were started by college students and now they’re among the most important companies within the world. Students feel inspired by such success stories but often don’t have a transparent idea of what they really want to realize once they start a business.

The following points give a thought on the way to start your own company while being in college.

  1. Prioritize
    It is getting to be very difficult if you are doing not have a transparent plan of your business goals. Do not set a really horizontal bar initially as this puts unnecessary stress. Plan your day beforehand in order that you’ll allocate sufficient time to both academics and start-up and strictly say no to activities which don’t align together with your interests.
  2. Choosing right courses
    Colleges provide various electives on entrepreneurship, management. Select such courses which can help to find out about how businesses operate, grow and performance at an outsized scale. This helps in bridging the gap between academics and entrepreneurship. This also helps in networking with compatible students, alumni which may be an enormous boost during this startup journey.
  3. Funding for startup
    There are several colleges which permit their students to pitch their business idea. And if selected a particular amount is allocated to assist them start performing on their plan. These programs are an enormous motivation as they don’t need to worry for the cash within the initial stages. Also make use of the college alumni network to connect to successful entrepreneurs who can help you.
  4. Finding a mentor
    A mentor helps in clearing up doubts and may prevent you from making a wrong decision. Attend various e-summits, business events, alumni meet hosted by your college and you’ll find people willing to guide you during this journey.

Tying it together
There will be people to demotivate you and doubt your goals. Turn a deaf ear to them and believe that this can be achieved. Enjoy the journey so that it does not seem like an additional burden. Do not get upset by the initial roadblocks and keep doing your part.
For making the startup successful, finding the proper co-founder may be a vital thing that one must do. There will be so many challenges in this journey and it is better to face them together rather than doing it alone. Great teams persevere, and success breeds success.

  1. Networking
    Networking is much more crucial than you think. Attend different events like entrepreneurship summits, business seminars etc. Use social networking platforms such as LinkedIn and Facebook to your benefit.
  2. Attend e-summits organised by universities
    University professors know many entrepreneurs, alums who are trying to find suitable persons matching their interests and business plans. Discuss your plans with them and you maybe lucky enough to seek out the support.
  3. Meet colleagues from previous jobs
    If you met someone in your previous job with an entrepreneurial spirit, try to follow up with that person. If you both had thought of owning a company at some time, now is the time to work on that dream.
  4. Explore common interests outside of work.
    Searching for a co-founder is often tricky. It involves taking to consideration multiple factors, the foremost common being compatibility. Make sure you recover together even outside of your work. Strengthen the bonding in various ways like enjoying sports or checking out each other’s reading tastes.
  5. Jointly define long term and short term goals for the startup.
    The enthusiasm maybe very high initially but its real test is within the end of the day . Come together on decisions such as various short term and long term goals for the company. Decide on vision of the corporate , the mission which it wants to accomplish.
  6. Clarify each one’s role
    Make it very clear about the roles each one is going to play. Take responsibility for the decisions which you are going to take. Plan in such how , that the co-founders function without having to interfere in each other’s jurisdiction.