College Entrepreneurs: How to Make the Most of Your Education When Starting a Business

Here’s how to get the best of both worlds by leveraging resources at a college or university and starting a business.

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3. Be an Open Book

All that said, it’s important to be transparent when it comes to developing your business in a university setting.

Find creative ways to earn actual credit – like independent studies and internships – for things you’d already be doing to start your business. Also, be open with classmates who are helping with your idea. Chances are they’ll be happy to choose projects that will help you with your business, but you still need to be honest with them about your motives and goals.

Staying in school and starting a business don’t have to be mutually exclusive.

Take advantage of the classes, people, and resources around you – whether it’s your “.edu” email or an internship-for-credit option in your major. Believe it or not, it is possible to hold a degree in one hand and the keys to your new business in the other.

Connect with Bhavin on Twitter.

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Photo Credit: H&M

Bhavin Parikh is the CEO and co-founder of Magoosh, an online test prep company that provides video lessons and practice questions accessible anytime, anywhere for exams such as the GMAT, GRE, and SAT.

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