This post tells you 5 reasons why you need to start an internet business while in college. If you are someone who has an entrepreneurial bent of mind then this is the post for you. This post focuses mainly on college students however, I am sure that everyone has a little to learn from this post. Famous internet entrepreneurs like Milun Tesovic started business while still 16. Currently, Milun has completed his BBA (Bachelor of Business Administration).

16-Years Old MetroLyrics Founder - Milun Tesovic (far left)

Time: Time is the most essential factor to succeed online. You need to have a lot of time to put in your energy and effort to startup your internet business. When you are in college you don’t have the responsibility to feed your family, nor do you have to pay the electricity bill nor worry about mortgages and such. College is a great time in everyone’s life where one can behave like an adult with the carefree nature of a child. It is up to you to make the most of this time.

Everyone Needs Pocket Money: While in college, everyone needs pocket money. It may be for buying the totally rad car or maybe even to take a girl out on a date. You can easily find suitable people in your college campus who have the specialties you require. Provide you pay them decently – you can get a lot of work done. Even then, the fees students would ask you will be much lesser than a professional would ask you for. The quality of the work will not be very different either. So its a win-win situation for you.

Cheap and Easy Availability of Resources: In a college campus you have free wi-fi, free electricity (at least for you), a laptop – these things are more than enough resources for you to give impetus into your internet business. The ease at which you can meet your requirements in college is unmatched and moreover, the resources are easily available. Moreover, in college it will be easier for you to find someone who is like-minded and may be partner you in entrepreneurship. There are clubs, groups and lot of people who may know a lot about the area you intend to initiate an internet business. Just imagine the scope for these – if you are not in college, so value the environment and make the most of it. Create an asset for yourself in those magic years.

Easy Publicity: Do you know about Mark Zuckerberg? He is the Founder of Facebook – the world’s most popular social networking site. He started this site from his dorm room – the site was a hit in his university. But eventually  the word-of-mouth is so powerful in college and universities that other universities also heard of Facebook and began to join it. Soon Mark Zuckerberg realized that he was onto something and that is how this revenue powerhouse was created. I want to emphasize here that while in college it is easier for you to get the word around about your startup. There are college notice boards, campus newsletters and a lot of other mediums where you can reach out and spread the word. And of course, do not ever underestimate the power of word-of-mouth publicity, it is the best kind of exposure you can get.

Enthusiasm: At the age that we are in college, we are more prone to taking a plunge into risks and work harder. As a startup in the internet you need to work really hard. Energy and health will definitely not be a problem for you in the youth. Moreover, you understand the value of money and it is generally seen that college students are good at boot-strapping creatively. These skills can be priceless for your internet business.

The best time to start any business not necessarily online is definitely in college. However, many fail to realize this until too late. Of course, have your fun while in college but trust me when you run your own company while still in your 20s it is a different feel altogether. Becoming a college entrepreneur is really cool and something which will earn you a lot of respect. If you are looking for a little bit of direction and inspiration, you would love to read Moonlighting on the Internet: 5 World-Class Experts Reveal Proven Ways to Make Extra Cash. It is paperback written by famous internet entrepreneur Yanik Silver.

Hello Everybody.

This post is dedicated to all those young internet entrepreneurs who had the courage to make it happen for themselves. I began blogging almost 3 years back. It is amazing to see people who began their business on the internet for a few months and are now well-known millionaires. I hope the post below lets you become a better blogger. These are 10 young internet entrepreneurs who make millions per year.

Mark Zuckerberg - Mark is just 25-years old (at time of writing). He is the youngest and the top most internet entrepreneur in the world today. Mark is the founder of the second most visited website in the world – Facebook. With this he is the youngest billionaire in the world. He started Facebook while he was still in Harvard. It is amazing to know that Mark started Facebook in his messy dorm room on February 4, 2004 as a way for students, faculty and friends to connect. He got the idea for Facebook from his college and school days where a book with head shots of students used to published.

Kevin Rose

Kevin Rose – ‘Digg’ any posts lately. If yes, you have to thank Digg’s founder 29-year old Kevin Rose. While younger, Kevin worked as a breadstick maker at a popular restaurant. Kevin has perhaps paid a heavy price for Digg. He lost the ‘love of his life’ while founding Digg. He invested $6000 into the site, which was supposed to be for a deposit on a house for him and his girlfriend. As a result of this, their relationship broke down. Since then he has been quoted saying,

“no matter what happens with Digg, I won’t put business first again.”

Michael Arrington

Michael Arrington – The lawyer who started a blog. He is one of the most powerful guys on the internet right now. Once he was a lawyer and he left his job to become the founder of TechCrunch. TechCrunch is now an authority-blog. TechCrunch covers internet startups and latest in technology news serving over 1.5 million page views per month. Michael is 39-years old. He is one of the most powerful guys on the internet right now.

Bob Parsons

Bob Parsons – Almost everyone reading this post is connected to this man. Bob Parson is the founder of the flagship domain registrar GoDaddy. Parsons recounts that he was extremely weak at academics. He joined the US Marine Corps and claims otherwise he would not have graduated high-school. Bob Parsons is also a Vietnam war hero who got injured while serving as riflemen for Delta forces in Vietnam. This is what Parsons said about his childhood,

“I’ve earned everything I’ve ever received. Very little was given to me. I’ve been working as long as I can remember. Whether it was delivering or selling newspapers, pumping gas, working in construction or in a factory, I’ve always been making my own money.”

Arianna

Arianna Huffington- Is perhaps one of the most successful female Internet entrepreneurs ever and is the founder of the top blog in the world according to Technorati! She started the news-blog Huffingtonpost dot com. Her blog HuffingtonPost has become synonymous to a news website. She is greek American and speaks with a marked Greek accent.

Peter Thiel – Peter is the reason why you got the immediate payment from your sponsor the last time.  He and Max Levchin co-founded PayPal. There is yet to be a substitute to Paypal but none have been as effective. Thiel is also the investor who helped Zuckerberg kick things off with Facebook. I don’t know if you care but Thiel is gay. He is worth $1.3 billion.

Janus Friis- He is a Danish internet entrepreneur, who founded the popular telephony application Skype. Although in September 2005, he and his partner Niklas Zennström sold Skype to eBay for $2.6 billion. His hobbies and pass times include skydiving, pool, martial arts and winter sea bathing.

Evan Williams

Evan Williams – If you ever thought who on Earth could come up with a name such as Blog – then Evan is your man. He is responsible for popularizing the word ‘Blog’. Evan created the most popular blogging platform for newbies – Blogger. And yes, he is also the reason you “tweet” so much. Evan is the co-founder of the third most popular social network – Twitter. He is 37-years old, never too late huh?

Andrew Gower – Andrew became worth $650 million developing games. He is the founder of popular gaming site Runescape. He created Runescape in January 1999 as an undergraduate at the University of Cambridge. He used the assistance of brother Paul Gower. The Daily Telegraph also listed Andrew and Paul Gower as the 11th richest young entrepreneurs in the UK. Right now, he is 30-years old.

Milun Tesovic

Milun Tesovic – A young internet entrepreneur and an inspiration to all of us. Milun started Metrolyrics at 16 years old. His is a music website. Milun tells his story in his own words,

“When I was 15, I knew that after I got my driver’s license, I wanted a decent-looking car,” he said. “I had my own hosting company (on the Internet), and then I started analyzing where a lot of people go on the web. There were a lot of places where music and video games were available, but what I saw was music lyrics wasn’t that well represented.

So I made a quick script with my own code and started a database of music lyrics. … It cost $9 a month to buy up the domain.”

Although Metrolyrics receives over 36 million visitors monthly. Milun is still pursuing academics, he is doing BBA (Bachelor of Business Administration) in Entrepreneurship.

Wishing you all Success in your Blogging venture.

For More Posts Like This, You can Subscribe HERE.