College students are naturally filled with ambition, optimism, and energy. Otherwise, they wouldn’t be in college.
A college student that doesn’t have the desire to do amazing things and the belief that they can do those amazing things stops being a college student. In order to convince yourself that it is worth spending tens of thousands of dollars of money from either your parents or the government just so you can have a better chance at accomplishing your dreams, you need to have confidence in those dreams. As well as some blind optimism.
That’s why it is becoming more and more common for college students to try and start their own businesses.
Access to the internet has given college students more ideas and opportunities for business than ever before. While a majority of these businesses, like any business venture, will fail, it is still a worthwhile venture. If your business hits, you have a new source of income and a great entry on your resume. If it fails, you will learn something about yourself and the way the business world works.
Whether you’re a student at University of California Los Angeles or University of Southern California, you should consider starting your own business. But one of the factors that must be considered is you. Here are some of the personality traits necessary to start a successful business in college.
No matter how big or small your business is going to be, you are going to be the CEO of it. And in order to be a CEO, you will need to be a leader. Now I know what you may be thinking: “My business is just going to be me. Who am i going to be leading?” Well, if you are operating your business solo, you will still need to be focused and on track consistently in order to succeed. You will have to lead yourself to success and keep yourself in check.
This, of course, is a trait that any college student needs to succeed, but its importance is only elevated if you are trying to manage a business as well. If you are going to manage the many facets of keeping your business running while also dealing with your classes, your social life, and your extracurricular activities, you will need to be highly, obsessively organized. You will need to allocate your time each day, and constantly keep your priorities in order. It can be an organizational challenge for even the most organized among us.
While the practical elements of how your business is run will be crucial, there is no way to work hard enough to compensate for bad ideas. Your business’ success or failure will ultimately rely on whether the idea for the business is strong, and whether you can continue to come up with new strong ideas to keep the business refreshing and thriving. You can bring in other creative minds to benefit you, but at the end of the day, you will need to be inventive to succeed.