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Aspiring Entrepreneurs Should Do These 7
Things in College
#268 #764
Stuart Draper
College Startup Life
Best time to fail is now!
Take advantage of the opportunities
while you’ve got nothing to lose.
Entrepreneurship
Classes
Take them.
Sleeping bags on ebay.
Creating business plans.
Guest speakers.
Hot Stuff
Cinnamon Rolls
and Hot Chocolate
Lessons learned:
1. $1 products are hard
2. High margins don’t matter
3. Volumes must be REALLY high
4. Inventory goes bad
5. Location matters
6. Brand perception matters
Extra-curricular
Business plan competitions
Talk/dream with friends
Read the books
Follow the influencers
Subscribe to the magazines
Sell something (summer sales or
helping another aspiring
entrepreneur)
Network
Instructors know companies
Your friend that got a job, might help
you get the same job
Your classmate might reach out in 10
years
Stay LinkedIn
Start somewhere
The Christmas Light Guys
Lessons Learned:
Charge more
Legal paperwork later
Agreement with partners is critical
Employ, don’t partner
Intern with a
PROMISING Startup
Yellowstone Hotel Systems
Lessons Learned:
Sales cures everything
Getting laid off sucks
Mind your cashflows
Don’t overhire
Be honest with yourself
Take notes
Moonlight (homework for after
college)
With careers,
one thing leads to another.
“...we all know persons who are
concerned only with the present: spend
it today, enjoy it today, and take no
thought for the future.
Our present and our future will be
happier if we are always conscious of
the future. As we make current
decisions, we should always be asking,
“Where will this lead?””
--Dallin Oaks
“An entrepreneur with patience can not only
push through and never give up, but can do so
in a measured, balanced way. This means not
being afraid to take things slowly; set your eyes
on the end goal, and don’t get overwhelmed by
the distance it takes to get there.”
-Briana Morgaine
Stuart Draper
Founder, CEO
– Stukent
helping educators help students help the world

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