Role model like Mark Zuckerberg, who started Facebook at college and became billionaire is inspiring most of Indian youth in colleges today. Colleges are now becoming playground to lunch the “startup”. Taxi For Sure, RedBus, Snapdeal are best known college start ups.
Reasons why college is best time to launch startup :
Reason #1 : Network
College is a big community. You can network with students of your college including your juniors, seniors, alumini and students from other colleges. You can find network opportunities during several fests organized in and around your college. You can go and participate in fests happening in IITs and IIMs where you can find other like minded students and get fresh ideas for startup.
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Reason #2 : Easy to find team/ co-founder
College and Hostel is the best time of life. You are mature enough to find your business partner. Many starts ups are know to found their business partner at college.
Reason #3 : You can afford to do mistakes
At college when you are getting your pocket money from your parents , you can risk and afford to make mistakes. Pressure to earn money is little less during graduation, so you can go wild and if you do mistakes, that will be ok!
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Reason #4: You can get incubation
IITs and IIMs have incubation centre where you can find all type of support – free office space, wi-fi, power supply, accounting and legal services.
Reason #5 : You can get free PR.
You can start showcasing your business idea in various competitions, gatherings, college fests and earn free publicity.
Reason #6 : You can get first customers very easily.
If you target your product to college students, you can get your first customers in college itself.
Reason #7 :Risk is low
At college risk is low. You can test your business models and try various types of products. You can take help of other students in testing your product acceptance.
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Reason #8: Business Mentoring
Business Mentoring sessions can be very helpful. You can choose your mentor and exchange views. Mentor Edge is initiative by IIM Ahemdabad which bridges a very important gap in the entrepreneurial ecosystem, that of providing hand-holding, mentoring and networking support to aspiring and established entrepreneurs.
https://goo.gl/T6EiUE