We all know Mark Zuckerberg, the entrepreneur who surpasses obstacles everyone else found impossible. With the fame the movie “The Social Network” brought, more people know that he started his empire in his college dorm. This brings hope for students who are currently debating whether a business is a sound decision or not. We now know it is possible, and Facebook is not the only example we have.
It is certainly possible to manage a business as a student, but it also will be challenging. The key to success here includes time management, prioritization, and being able to delegate tasks to others. Building your work will be attainable with others. You will need to utilize all resources and help you can find. However, that does not insinuate neglecting your schoolwork. Instead, it demands a much more intricate balance, which we will discuss below.
How to Balance School and Business
Having the ideal balance between school and business is a hectic process. We all want to believe that we will seamlessly know how to ace both aspects, but that is nearly impossible. That is why many people search for “professionals to write essay for me” to ease their overall process. The ultimate resource is the essay writing service from EduBirdie , which frees your time to focus on the business. Allowing a professional individual to assist you will allow you to develop your work further. This guarantees a general improvement in the quality of your assignments.
But you should perform various other items to enable your business performance. Know how to prioritize specific responsibilities and tasks. You can do this by compiling a list of things you need to complete. Prioritize them based on the level of importance and urgency. Moreover, trying to delegate any work you cannot take on to other people is vital. This helps lighten the workload. It is also essential to extract any time out of your day to your advantage. You can work during breaks, off days, and after a class.
People Who Managed Businesses While Being Students
Various famous people pursued education while creating their businesses. However, once you read their stories, you soon realize how much you put work and time into their projects. That said, you should not lose hope. Instead, draw inspiration from the examples below.
- Mark Zuckerberg
As mentioned earlier, Mark Zuckerberg studied at Harvard and co-founded Facebook in 2004. Since then, the entire platform has grown dramatically, becoming one of the most widely used worldwide. His presence has not gone unnoticed in the world.
- Evan Williams
Have you ever heard of the writing platforms, Blogger or Medium? Well, you might not have known that Evan Williams was the one that founded both. They are two of the largest blogging internet platforms. Google later acquired Blogger, which paved the way for blogging and journalism. He founded the platform during his time at the University of Nebraska.
- Drew Houston
We all have stumbled upon Dropbox at one point or another. Drew co-founded Dropbox while studying at the Massachusetts Institute of Technology. Now, it is a widely known cloud storage service.
- Bill Gates
When Bill Gates was enrolled in college, which is Harvard, he co-founded Microsoft. It became one of the most successful and influential companies within the technology industry.
- Larry Page & Sergey Brin
Have you ever wondered about the origins of Google? Well, it was built by Larry Page and Sergey Brin. They were both studying at Stanford University at the time. We all know how important Google search is in our lives now, as no one with internet access has ever missed a chance to utilize the search engine.
If you want to learn more about the details of their lives and more examples of famous people who worked as teenagers, Insider has compiled a great article on the topic.
Steps to Manage a Business Successfully While Being a Student
This section will discuss how you will manage the stress of how to start a business in college and your academic workload. However, if you want an extensive entrepreneur’s guide to starting a business, Passport Symphony can provide you with the best guide. Find out below what you must do to launch your enterprise while still studying.
- Set goals and priorities
Setting and defining your priorities is essential for your success journey. This allows you to remain focused on the critical aspects of your business. Through trial and error, you will learn a vital lesson in how to optimize your work. Use SWOT analysis to find your weaknesses, strengths, opportunities, and threats. This allows you to build a business plan that outlines the strategy, marketing, and financial projections.
- Manage your time accordingly
Having to balance both aspects of your life is challenging. Find a calendar or planner to schedule all your deadlines, class times, and exams. Instead of dedicating 4 hours of work daily, break it down into individual 1-hour sessions. This allows you to prioritize your time to stay on top of everything.
- Learn to say no
This will take much work to complete. You must realize that you must put your work and assignments before anything and anyone. That means you need to reduce your time with friends. Hence, learning to say no to non-essential activities and commitments will help you align with your goals. It is essential to focus on the bigger picture. Remember, your time is your best ally. Refrain from overcommitting to people, go out now and then to have fun, and remember to put the essential individuals first.
- Network more
College is the optimal place to build your network and keep it growing. You will meet a variety of diverse individuals. Look for opportunities that allow you to connect with professors, students, and others in the field. Not only will you find customers, but you might find people that can act as mentors.
- Learn to be flexible
It might be challenging to adjust, but flexibility is required to adapt your strategy. Understand that not doing everything ideally is normal. Please keep an open mind, whether it is a challenging course or a business plan that needs to budge. The important thing is to keep moving forward and not give up on your goals. Be willing to change your approach when things feel blocked in front of you.
Final Thoughts: Manage a Business Successfully While Still а Student
The business ideas for college students are infinite. Your options are plentiful, with TikTok and Instagram being the most popular forms of social media and communication. As we have mentioned before, you can even start your own writing thing. That said, take your time with a business idea and invest money before considering various objectives.
Those objectives include knowing your goals and setting your time correctly. Learn to be flexible when working with others and adapt to new strategies and ideas. With an open mind and a determined soul, you can accomplish anything. Also, never hesitate to seek help, as you will inevitably require it.