College Students Turned Successful Entrepreneurs

College Students Turned Successful Entrepreneurs

I read this book once called The Student Success Manifesto (The Guide to Creating a Life of Passion Purpose, and Prosperity) written by Michael Simmons and I thought I should share this particular chapter with you. This book is about how you can become a successful business person while in school. This particular chapter I share with you is about college students turned successful entrepreneurs and how you too may become one.

 

Here we go:

Successful Extreme Entrepreneurs are made not born. Anybody can become one. If you think you are too young or not educated enough to achieve your wildest dream, then think again. Considering the following excerpt from a study on the founders of Inc. 500 companies (http://www.inc.com/inc500), America’s fastest growing private companies:

Forty percent of the Inc. 500 founders had no experience in the industry they were entering…Over one-third of Inc. 500 founders were out of work when they started their companies, many others had just a few years on the job. These entrepreneurs have few if any contacts in the field they are going to enter…It is their personality, adaptability, and their willingness to provide specialized products or services that wins the day, rather than traditional industry expertise they bring.

 

I’ve met dozens of students who are Extreme Entrepreneurs, and doing well in school is definitely not a prerequisite of success (although it can certainly help). If you think that just because you did not get into a highly ranked school, or just because you have been getting lower average grades, you won’t succeed, think again. Being a successful Extreme Entrepreneur is based on a different set of standards that school does not necessarily teach or measure. If entrepreneurs had to be book smart, then people who were still in college would not be able to create more successful businesses than people 20 years older. Yet they can.

College Students Turned Successful Entrepreneurs 2

 

Some examples of businesses started by young people either in school, or just out, are:

 

Microsoft

Bill Gates (with Paul Allen) after leaving Harvard as junior.

 

Dell

Michael Dell, while attending the University of Texas.

 

 

Hershey Foods Corporation

Milton Hershey opened his first candy shop in 1876 at 18 years of age. It failed six years later, but he hit gold ten years after that when he founded the Lancaster Caramel Company. The Hershey Food Company later became a subsidiary.

 

Ryan Allis

During his senior year of high school, Ryan was able to take a pharmaceutical product to over $1 million in sales with creative web marketing.

 

Federal Express

Fred Smith was attending Yale. He wrote a business plan for Federal Express and was given a “C” by his professor.

 

Nantucket Nectars

Tom First and Tom Scott, after graduating Brown. In 2001, Nantucket Nectars had $66 million in revenue.

 

Apple

Steve Jobs (with Stephen Wozniak), after leaving Reed University.

 

TheGlobe.com

Stephan Paternot and Todd Krizleman attracted a $20 million investment while attending Cornell. The company later went public.

 

Vivendi Universal

Barry Diller, after dropping out of the University of California at Los Angeles, became the unofficial head of programming for ABC by the time he was 23. He is now the CEO of Vivendi Universal.

 

Virgin

Richard Branson dropped out of high school, started a magazine, and then later went on to start the Virgin “empire.”

 

Lillian Vernon

Lillian Vernon started her mail order business with a $2,000 wedding gift. At the time, she was 21, pregnant, and a housewife. In 2001, revenue was $287 million.

 

Barnes & Noble

Len Riggio, while attending New York University, started a book store that later turned into Barnes & Noble.

 

Rolling Stone Magazine

Jann Wenner, a University of California at Berkeley drop-out, founded his magazine at 21.

 

Def Jam

Rick Rubin, while attending NYU. He collaborated with Russell Simmons and produced such artists as Run D.M.C., Beastie Boys, and L.L. Cool J. and became a millionaire.

 

Yahoo

Jerry Yang, while attending Stanford.

 

IDT

Howard Jonas, after dropping out of Harvard, founded IDT, which had a market capitalization over $1 billion as of late 2002.

 

Monster.com

Jeff Taylor, who went to UMass for six years, but never graduated. While in college he started and ran five businesses.

 

Motion Picture Director of Star Wars Steven Spielberg

Dropped out of California State University, Long Beach. He finally graduated 33 years later in 2002 with a degree in film and electronic arts.

 

Nike

Phillip Knight, while attending Stanford.

 

Anthony Robbins Companies

Anthony Robbins never attended college and started a company called Achievement Enterprises, where he had 15 employees by the time he was 20. He later went on to create a self-development “empire.”

 

Domino’s Pizza

Tom Monaghan tried college six times but never got past his freshman year. In 1960, at 19, Tom borrowed $500 and purchased a pizza store called DomiNick’s. Four years later, he renamed the company Domino’s Pizza.

 

Hewlett-Packard

William Hewlett and David Packard, after leaving Stanford, started HP out of a garage.

 

Digitas

Michael Bronner, while attending Boston University. He founded the company from his dorm room in order to help pay his tuition. Digitas is as of this writing a public company.

 

Hard Candy

Dineh Mohajer, while a pre-med student at the University of Southern California, was pushing $10 million in sales within months of starting her company in 1995. It was acquired by Louis Vuitton Moet Hennessey in 1999.

 

Subway

Fred Delucca while struggling to pay for college borrowed $1,000 from a family friend to open his first sandwich shop.

 

Polaroid Corporation

Edwin Land took two leaves of absence from Harvard. During the first leave of absence, he created a new kind of polarizer, which he called Polaroid. During the second leave of absence he started a laboratory with other young scientists.

 

CNN

Ted Turner was kicked out of Brown twice, before taking over the helm of his father’s failing billboard business when he was 24. He expanded the business into television. Turner used the profits from the company to launch CNN, the first 24-hour all-news cable channel.

  

Arnold Schwarzenegger 

Started training for Mr. Universe when he was 14 years old. By 20 years old, he was the competition’s youngest champion ever.

 

 

I bring up these profiles not to show that school is unimportant. On the contrary, I think it can be beneficial to many students when leveraged. My goal is to show that anybody can achieve anything. I hope that the statistics and real world examples I have brought up will give you the confidence to follow your dreams.

-The end-

 

Can you become one?

You have read these stories and seen that you are not too young to begin your own entrepreneurial career. It may not end up being as huge as these companies are but you can make it as big as you want it and be successful at it too. So, do you think you can become one of the few that’s ready to take your life into your hands and kick ass at it?

Then resolve today to make it happen and do not let anything or anybody stop you from reaching your goals and dreams.

List of 80 Profitable Small Business to Start

List of 80 Profitable Small Business to Start

This is a list of 80 profitable small businesses to start in Nigeria. But is in no means exhaustive nor is it meant for the Nigerian alone. Anybody in any country can start any of these businesses where they are.

Even if the topic of this post suggests that it is 80 small businesses; I don’t want you to actually think there are only 80 small business opportunities in Nigeria. Business opportunities are rampant and all you need to do is look around you, what do people in your neighborhood need?

Give it to them and you will already have a small business in your hands.

You might think, as you read along, that some of these businesses are too small for a person of your status; I mean, you went to school for four years and read some fancy course; this type of business cannot be for you right?

Wrong! All great businesses started small. Even a bean cake (acara) business can become a national and even a multinational business because let’s face it, bean cake is delicious and even outsiders will love it.

List of 80 Profitable Small Business to Start

You can start any so-called “small” business and grow it into a big business bringing you lots of cash. All you have to do is think big but start small.

1. Raw Food Stuff Business

2. Call Card Business

3. Childcare Business

4. Cleaning Business

5. Eatery Business

6. Auto Rental Business

7. Bread shop Business

8. Hamper Business

9. Film Production Business

10. Illustrations Design Business

11. Telephone Repair Business

12. Recreational center Business

13. Wine Bar Business

14. Web Radio Business

15. Transport Business

16. Gems Line Business

17. Versatile auto wash Business

18. Gathering Rental Business

19. Pizza Delivery business

20. Nursing Home Business

21. Poultry cultivate Business

22. Beautifiers Business

23. Microfinance Business

24. Fitting Business

25. Protection Agency Business

26. Tomato Farming Business

27. Carpentry Business

28. Horticultural Business

29. Fish cultivating Business

30. Natural cultivating Business

31. Transportation Company

32. Land Investment Business

33. Gadgets Repair Business

34. Dispatch Service Business

35. Independent Writing Business

36. Motherless Children’s Home Business

37. Expressions and Crafts Business

38. Attire Store

39. Chiropractic Business

40. Irritation Control Business

41. Screen Printing Business

42. Gaming Business

43. Texture Business

44. Auto-Repair Shop

45. Aquaponics Business

46. Memorial service Home business

47. Pizza business

48. Sun powered board repair business

49. Dispatch Business

50. Cupcake Business

51. Boutique Business

52. Rabbit raising

53. Gathering Equipment Rentals

54. Clothing/pressing administration/garments cleaning

55. Kindling Delivery Service

56. Hand-Made Carton Production Business

58. Fish cultivating

59. Herb cultivate

60. Chalk generation

61. Set up a little poultry

62. Generation of light

63. Grasscutter cultivating

SEE ALSO: 5 deep secrets about entrepreneurship

64. Fluid air freshener generation

65. Snail cultivating

66. Ice piece creation

67. Plantain chips

68. Yam flour

69. Custard producing

70. Offers of Mobile Phone Accessories

71. Bean Cake Frying

72. Versatile Mini Restaurant

73. Mobile Mini Snack Bar or Spot

74. Nourishment Stuff Sales

75. Hair Salon

76. Begin a Marketing Company

77. Blogging and Internet Marketing

78. Smaller than usual Importation

79. Transport Business Management

80. Finally, your mind.

Conclusion

Home business opportunities are out there and all you have to do is open your mind to be able to perceive them and you will come up with all sorts of businesses you can start.

Exciting Books to Read on Business and Finance

Exciting Books to Read on Business and Finance

These are the most exciting books to read on business and finance I have read and I know it will help you on your way to success.

Exciting Books to Read on Business and Finance

 

Richest Man in Babylon by George S. Clason

The richest man in the world is one of my best books ever and I still read it up till now. My favourite chapter is the cure for a lean purse and that has helped me to always have cash in my pocket. This book is very practical which is why it is one of the greatest personal finance books you will ever need.

 

Think and Grow Rich by Napoleon Hill

If you are a philosophical person this book is for you. But if you are not into philosophy this book is for you. If you want personal success, this book is definitely for you. Napoleon Hill spent 25 years researching the secrets of success from successful businessmen and got the secrets in this book. If you are going to read only one book on personal success, it should be this book.

 

How to Win Friends and Influence People by Dale Carnegie

If you want to be a people person and you want people to like you then this book should be the first you get. I read this book when I was still a teenager and it has helped me a lot with people and it will help you too. How to talk to people, how to be a good conversationalist among other things. This book is the ultimate people book.

 

Goals by Brian Tracy

Lack of self discipline is one of the major causes of failure and Brian Tracy will show you, in this book, how you can overcome this lack of discipline and use the power of setting goals to achieve your goals and become a success. Setting goals is one of the weapons needed for your success and this book will show you how.

 

Influence by Robert Cialdini

If you are a salesperson and you want to sell more of your stuff or you are an ordinary person trying to have more influence on other people, you need to read this book. It outlines all the arsenal of influence on how you can make someone else do what you want them to do. So whether you want to sell more of your merchandise or you want more influence, read this book.

 

Road to Riches by William H. Maher

The road to riches is a book that was written in 1897 and it is one of the books I really like old books because they came out clean from the mind of the authors. No derivations and no distractions. This book is mainly for those starting out. That means if you are a student or a recent graduate, or someone looking to start all over again, this books is for you. You will enjoy it.

 

$100 Startup by Chris Guillebeau

If you are looking to go out on your own and becoem an entrepreneur but have no money to start, this book is for you. Chris here tells the story of startups and successful entrepreneurs that started with a hundred dollars or less. This book will also show you how you can market your startup with nothing.

 

The Lean Startup by Eric Ries

This books is mainly about innovation and how you can take your current business and turn it into a successful business through constant innovation.

 

Science of Getting Rich by Wallace D. Wattles

The science of getting rich will show you how you can make money. This book is not about philisophies, it is about you becoming rich using highly practical means because you need the money first. It is about first of all, getting money and then doing the philosophical stuff later.

 

Law of Success by Napoleon Hill

This is a great book by Napoleon Hill that outlines the sixteen lessons on personal success. It is a purely philosophical book and shows you how to become rich from the inside out. Another classic from the great Napoleon Hill and you should read it. It is 1170 pages long. Don’t try to read it all at once but gradually until you assimilate its contents thoroughly.

 

SEE ALSO: 17 Ways to Stop being a Loser

 

University of Success by Og Mandino

Most people are familiar with the greatest salesman in the world but don’t know much about the university of success. The university of success is divided into ten semesters which is the number of semesters in a 5-year university program. It is recommended that you read one chapter a night before going to bed; so that it can permeate into your subconscious.

 

Greatest Salesman in the World by Og Mandino

This is a great classic book on business in the form a novel. I cannot over-emphasize my recommendations of you reading this book.

 

How to Get Rich by Dennis Felix

I know there are many how to be rich books out there that are written by blokes that have not made a dime in their lives; but this guy is something else. When I read the book I found myself laughing somethings at the things he said as he did not romance with his words. He said them as they are.

Dennis Felix is worth £750,000,000. This is the more reason you  can’t afford to not read this book.

 

The Millionaire Fastlane by MJ DeMarco

This is another no bullshit book about creating the life of your dreams and MJ DeMarco did not disappoint. He says it as it is and shows you the many pathways to financial success; and how whichever one you pick will be connected to time.

 

Conclusion

These are the books I have read that I know will do a lot for you; as I continue to read I’ll add them here if I think they will be of great interest to you. If you’ve read any good books lately about business and finance and think it will be helpful to us; please don’t hesitate to let me know in the comment section below. I’ll check it out and add it here if it is great for my readers.