Thu 5 Mar 2009
Student Entrepreneurs
Posted by Megan Dorn under Entrepreneurship
Everyday I feel like I hear more and more stories of young people taking charge and starting their own businesses. And when I say “young people,” I don’t mean people in their thirties (which is still young by the way); I’m talking about tweens, teens and twenty-somethings. I’m talking about kids who are still students in various stages of school, be it middle school, high school or college. This burst of young entrepreneurship astonishes me, but with technology and the Internet it’s becoming more plausible for people to develop entrepreneurial skills at an early age.
I listened to a podcast on Small Business Trends the other day, and on the program they interviewed Gregg Blanchard, a former student entrepreneur (recently graduated) and host of the Teen Biz podcast. According to Gregg, college is the perfect time for someone to start a business. Why? Because college students are suddenly thrown into this world of freedom and independence, which helps them to really start seeing the world, becoming self-motivated and putting their creativity into practice. When you combine all of these things, you have a great recipe for entrepreneurial success, Gregg says.
Because of their age, however, student entrepreneurs face a whole other set of challenges, namely earning credibility and respect. They don’t typically have vast business and life experiences, causing anyone from investors to clients to judge them negatively and not focus on their actual talents. In addition, young people don’t have the extensive networks that someone with years and years of experience does. Because of this, Gregg likes to emphasize the need for students to start working extra hard on their networking skills and start early.
The podcast resulted in a really interesting conversation between Gregg and the two hosts. If student entrepreneurship is something that interests you at all, I encourage you to check it out.



March 5th, 2009 at 3:52 pm
I just recently discovered Gregg Blanchard myself. I was totally amazed by the number of podcasts he has recorded.
And I would say your tweens and teens is an even better time to start a business (not just because I’m a Teen Entrepreneur Coach ;-)). The reason why is because this is when you are really starting to take on your identity and character and have a real ‘justified’ opinion about something :). The greatest skill that you can take from the process of starting your own business is thinking like an entrepreneur. In the end whether you decide to start your own business or work for someone else….and especially when you apply to colleges this will provide a tremendous advantage. You will see yourself as a personal brand and know how to differentiate yourself and also you will learn to see everything and everyone around you as a tool to your success not as an obstacle to it. This is especially invaluable when you are a cash strapped student!
@teenbizcoach