student startups- good or bad?


” The world hates change, yet it is the only thing that has brought progress “
– Charles F Kettering, Inventor,

There are various reactions to the word CHANGE, while some people get intimidated ,others seem perplexed, there is a 3rd kind who can smile at it and can relate to it, that tribe is known as “entrepreneurs“.
Except a few, it is noticed that in general people are happy in being EMPLOYED, rather than being an EMPLOYER, but in recent times, a tide of change has hit the coast with the advancement of technology and the world becoming a “global village”, starting your own venture has never been so easy, and who better to know this and capture the moment than the youngsters of today. Although there have been cases of child prodigies starting their own ventures, which are rare , it is mostly the students in the age group of 18-30,who are the keenest and the most energetic to start on their own. So what takes for th people in putting their minds, money in at such an early age?? What is the motivation in picking up what you do? What inspires you?
College is the place where students get to know the different nuances of their field of study, in detail and precise, adding to it will be the external factors, which not only helps in shaping up the career of a person, but also developing the person as a whole. One of the off branches of this shaping up is the birth of an idea, which can get converted to a business venture.
While starting up in your college years may seem as a good idea because the thought is fresh in your mind, having people who can relate to your thinking and ideas, free resources(Wi-Fi, place to work etc),your body and mind working in tandem which results in a goal oriented thinking. Also convincing your parents about your otherwise dubious decision may not be a hard task ,by lying to them(if you want to), that it is a summer project. But it may affect you in the long term, considering the fact that if your idea or venture fails to take off, it will be a blow not only to your self-belief but also to your parents who have(in case) supported you.
It may be argued that a 24 year old, with 2 years of work-experience after finishing college may hold an advantage over a 20 year old still in college, The other thing you get from work experience is an understanding of what work is, and in particular, how intrinsically horrible it is.But it may also happen that the same 20 year old, if he fails in his start up at college, concedes less mistakes in his future endeavours by the time he is out of college. Also your start up may be unique, path not taken by many, but your start-up is not something which can be done all by yourself, this is where co-founders come into picture. Co-founders really should be people you already know. And by far the best place to meet them is college. You have a large sample of smart people; you get to compare how they all perform on identical tasks; and everyone’s life is pretty fluid. A lot of start-ups grow out of college for this reason. Google, Yahoo, and Microsoft, among others, were all founded by people who met in college.
What goes wrong with young founders is that they build stuff that looks like class projects (specially in the case of technology related).What’s wrong with class projects?
Well, it can be looked from 2 different aspects, one is that classroom projects are not real time problem solving projects, some of these projects tend to be a part of an inventory rather than being otherwise.Second, since almost all of the projects are for the sake of getting grades, there will be a lack of intensity while doing the project, in school projects, even if u fail at them, there may be a second chance for catching up, but in real time projects, once you are out, you are out!!
So, with all these pro’s and con’s associated with a start-up at college level, what is the best way to cope up with these things?? The way to learn about start-ups is by watching them in action, preferably by working at one. Although start-up’s are generally apprehensive about newcomers, especially undergrads looking for summer internship, staying with them and starting to do small works(even if it means serving tea) for the first few days is not a bad idea, as the chances that those people will recognise u and the chances of showing your worth are quite good, considering the fact that start-ups have a very informal atmosphere in the beginning.
Another thing you can do is learn skills that will be useful to you in a start-up. These may be different from the skills you’d learn to get a job. For ex, it’s mandatory to learn programming languages like C,C++ ,JAVA if you want to enter into the software industry, Whereas if you are into starting-up on your own, you get to pick the language, so you have to think about which will actually let you get the most done. But the most important skill for a start-up founder is a knack for understanding users and figuring out how to give them what they want, because at the end of it, it all comes down to making the people pay for the service they would like to be offered, and that’s business for you!!

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