Archive for the ‘Education’ Category
Pros and cons of starting a new business out of college
Only just talked about the 5 successful entrepreneurs who did not finish college and yet not only lecturing as first- line entrepreneurs but ended gaining experience while making millions of dollars. Now we have the case of those who finish college and do not know whether to take a job or create a business or enterprise. Entrepreneur magazine in a recent issue, listed the pros and cons of choosing one of these roads. Let’s see what you think and if you are in this dilemma I hope this post can help.
1. Pro: You have to devote time and energy to start a business. It assumes you are single, without children or steady job so they have more free time to devote to a new business.
This allows these companies to engage in intensely without feeling the adverse effects of full-time. The long days of work and lack of sleep, not have the same effect on someone who is accustomed to spending the night studying for tests or preparing reports.
Additionally there is not much to lose: Young people typically do not have to support a family, or pay expensive offices, which means that much of the revenue can be reinvested in the business. Read the rest of this entry »