You’re probably asking yourself: “What do you mean by that?”. Well, remember your college years? Yeah, that’s a bad question. You probably don’t. Or you didn’t even go to college, and that’s fine. Today, I will tell you how a college can be a great startup resource for you, and why it might be a good idea to join one.
Apply to internships, or make others apply for an internship at your startup
Even though a college degree doesn’t guarantee you a job, a startup of your own will. Colleges are great, because you have the option to get into an internship program of your choice, and learn more about the industry you’re interested in.
On the other hand, if you already have a startup, and you have an ongoing internship program, a college might be the right resource for you, since the people there have a theoretical background, which can come in handy in entrepreneurship.
You have access to the business community
Business groups are a great startup resource, especially if you’re at the beginning. Otherwise, it might be hard for you to get in touch with entrepreneurs. Most business schools, or colleges that offer MBA will be connected with the local business community, making this a great start in the entrepreneurship world.
However, if you want to be a startup resource for college students, you can get in touch with whoever is in charge, present your business, and ask them to be a part of the business group. This will also be a chance to make your startup known by more people.
Colleges have plenty of networking opportunities. From joining organizations, to attending more informal events, college is the place to build your first connections, and get to know as many people as possible that share the same interests with you.
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Along with the opportunities that come from being a college student, startups can also take advantage of the networking potential colleges have to offer. Donors or alumni are always on the hunt for interesting businesses, so you might try establishing a relationship with them, since it will only be a good thing.
A college town can be the right choice for your early stage startup
Chuck Cohn, the CEO and founder of Varsity Tutors, wrote a great article on why this would be a good idea. Among all the educated young minds you can find in a college town, he also mentioned that it’s a great place for you to test your product, since you’ll receive feedback immediately. On top of that, if your startup doesn’t have an office yet, college conference rooms are much cheaper to rent than any other venues.
Would you use a college as a startup resource?
When you start a business, you obviously want to think about what are some resources that are close to you, which can give you instant feedback, and are also affordable.
What startup resources do you use for your business? Would you consider using a college as your resource? Let me know what your thoughts are on the subject.