You’re still fresh faced and you have a brand new degree, it’s the perfect time to put your schooling to work. Many fresh from college people go the route of the entrepreneur and start their own businesses. It’s the perfect time because you still have a positive outlook, and you may have come up with some great ideas while sitting through lectures over the past four years.
College is a time for learning about the things that you enjoy and want to do with your future. Coming out of college you’ll have a good perspective on what you want to so, and why not do it for yourself instead of someone else?
Get A Small Business Loan
Even if you still owe college loans you probably don’t have any debts in collections or default yet, so it’s a good time to get a business loan. As a newly graduated college student, you could probably make a killing by setting up a crowdfunding account as well. The more money you have for your startup the longer you have before you need to have income coming in from it.
You want to make sure that you are not just paying your student loans back in a timely manner, but you also need to have money to start paying back your small business loan. Once your business has been launched it shouldn’t take long to start bringing in money, as long as you are advertising and marketing your business everywhere possible, and to the right people.
Look For Backers And Seasoned Professionals
As a young professional, you might be able to find backers that are willing to give you money to get your business going. They have the money and they like to see fresh entrepreneurs in the field. You can also talk to these seasoned professionals for advice on how to get your business going and make it successful.
Reach out to them with social media, if you need to. You can also talk to college professors for advice. A great place to keep in touch with all of these professionals is through LinkedIn. LinkedIn is social media for professionals and business folks, and it’s a good place to market too!
Create The Best Darn Business Plan Ever
Before you start applying for loans and setting up crowdfunding campaigns you need to put together your business plan. Put your fresh enthusiasm into it and let people see how passionate you are about starting your own business.
Make sure that you cover all of the bases in your business plan. Include who will need your products or services and why they should want them. Knowing the demographic allows you to better market your new business, online and off.
Originally posted on January 18, 2017 @ 7:46 am