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Starting a Business After College? Advice for Entrepreneurial Grads

Mark Zuckerberg founded Facebook in his Harvard dorm room. Chris Johnson and Tim Keck launched The Onion while they were still juniors at the University of Wisconsin at Madison. Frederick Smith first outlined the idea for the package delivery system that would one day become FedEx in a paper he wrote while a student at Yale.

Today, countless new college graduates are considering taking the path less traveled and turning an idea into a full-time entrepreneurial venture. But before turning down a job or packing away the interview suit, recent grads need to consider if they have what it takes to start a business, whether it's opening up a brick-and-mortar store or launching a tech startup.

Business News Daily asked business experts and entrepreneurs, many of whom started their first business right out of college, for some entrepreneurial advice for newly minted graduates. Here are some of the key lessons they imparted.

  1. Follow your passion

  2. Don't be afraid to take the leap

  3. Learn from the inside

  4. Network constantly

  5. Develop great communication skills

  6. Figure out finances

  7. Understand that failure is part of the process

  8. Work HARD at everything you do!

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Helping Small Business

Choosing the right financing option is challenging, but there are several options are available to small business owners, like the funding options mentioned in this post.

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