Startup Funding Espresso – Startup Advice for Those in College

Startup Advice for Those in College

Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.

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.

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