Startup Advice for Those in College

For those in college who want to start their own business use your college days to prepare.

Here are some things you can do:

Set up the legal entity and the website for the business.

Identify the key websites and information resources about your industry and market.

Start tracking the competitors and key players in the industry.

Use your electives to take courses that can help you with basic business needs such as accounting and finance.

Start building your network of partners, suppliers, and other key contacts who will be useful to your business.

Start testing your market for the right price, product, and position.

Start learning about who your ideal customers are and where to find them.

Run customer acquisition tests to find the right channel for customers.

Read up on the industry to learn more about the technologies, companies, and key figures.

Don’t worry about fundraising yet. 

College is a great time to learn. 

Use it to learn about your industry, market, and customers.

 

Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.

Let’s go startup something today.

---

Thank you for joining your host Hall T. Martin with the Startup Funding Espresso — your daily shot of startup funding and investing.

For more episodes from Investor Connect, please visit the site at: http://investorconnect.org  

Check out our other podcasts here: https://investorconnect.org/ 
For Investors check out: https://tencapital.group/investor-landing/ 
For Startups check out: https://tencapital.group/company-landing/ 
For eGuides check out: https://tencapital.group/education/ 
For upcoming Events, check out https://tencapital.group/events/  

For Feedback please contact info@tencapital.group   

Please follow, share, and leave a review.

Music courtesy of Bensound.

Copyright (c) 2024, Hall Martin and investorconnect.org. All rights reserved.

Disclaimer:
Hall T Martin is the director of Investor Connect, which is a 501(c)(3) nonprofit dedicated to the education of investors for early-stage funding. All opinions expressed by Hall and podcast guests are solely their own opinions and do not reflect the opinion of Investor Connect. This podcast is for informational purposes only and should not be relied upon for the basis of investment decisions.