Student's Start Up: Boon Or Bane?

Student's Startup: Boon Or Bane?

"Chase your vision, for the World is your canvas." 

Have an idea that you can't get off of your mind? Have a solution to fix a problem? Know a way to cash in your dreams into reality?
Welcome to the web of fantasies, and delve into the niche of startups!

Startups have a certain thrill and terror attached to them. Many, including Mark Zuckerberg and Bill Gates, started their first businesses while still in college. The success of a few Multinational Corporates has inspired youngsters to trek the path of the unknown- to churn ideas into reality through Startups.

However, the road to the unknown is never too easy - it's a topsy-turvy world encompassing its own set of opportunities and obstacles.

Starting a business in college has its own perks. Youngsters began to see applications to what they were learning. It gives them a certain air of power to flex their entrepreneurial prowess. 

Students can take advantage of their college resources and even acquire grants and finances available for student entrepreneurs. Universities have a web of networks to corporates and provide counseling, mentorship, and startup incubation facilities. Its close-knit network proves advantageous for word-of-mouth marketing. 

Faculties provide subject-of-matter expertise and various EIRs, coaches, and mentors. Digital tools provided by universities allow thinker, tinker and maker spaces. 

Finding partners is never an issue, as talented fellow students are hungry for opportunities and be part of startup teams to hone their skills and add a feather to their cap. 
"Free money" funding and abundant competitions allow them to explore opportunities, polish their ideas, and take on the world.

However, starting something big that requires money isn't easy in life. Students only get seed funding if their ideas are exceptional or revolutionary. 
Student startups require expansion to grow and cash in return of investments, needing more employees and more money to bring in resources.

New ventures take a lot of dedication, time, and energy, which equals missing other opportunities in life. Young entrepreneurs often find themselves working overtime, having less time for socializing and workouts. This also leads to missing deadlines and critical opportunities such as internships, research projects, and in-house placements.

There is a need for an edge in the department of experience. Youngsters are required to learn to acquire licenses, follow the government's protocols and the tax implications. They must be skilled at approaching customers and convincing venture capital firms and angel investors to fund their projects.

Money plays out as a deciding factor for the growth of a startup. The debt of college fees adds an additional burden to the already daunting financial uncertainty of starting a business.
Turning a business into a profitable venture takes a lot of time. 

And even though there'll always be some risk when pursuing entrepreneurship, there are fewer stakes when you're a college student than after you graduate from the college "bubble."

As Mark Twain said, "The secret of getting ahead is getting started."

So go ahead, and brainstorm your ideas for building future ventures. Take that risk, work on your forte and create something big. 

New ventures require great hustle and greater solid work to endure failures and still move forward. 
Overcoming 1000 failures to light a bulb - is a true essence of an entrepreneur. 

After all, great ideas take stronger grit; nasty downfalls require a stronger urge to fly; innovation takes greater hurdles to pass, and changing the world takes a whole Pandora's box of hope!

- Sayali Sachin