Posts published on September 9, 2019
BY KRISTIAN KRISYK
Student life has changed tremendously when compared to one or two decades ago. Nowadays, students have numerous opportunities to learn about their studies in real-life scenarios. Seeing how their knowledge can be applied in an actual work environment is something that motivates students to try harder and perform better at university.
One of the leading students’ interests is learning more about investments in mission-driven startups. With hundreds of new startups being established every month, the business world is moving away from a traditional structure to reach innovation and jump on this speeding train of technical revolution. So, what can students learn from startups and why they should be involved in this world while still studying?
Some of today’s successful startups have been founded by students with an entrepreneurial spirit. This led to student entrepreneurs motivating their other colleagues to invest their knowledge into something that will bring value to them and their community.
Just think about Bill Gates and Mark Zuckerberg, who were both student entrepreneurs who launched their startups, which are now among the top five most successful tech companies in the world.
A startup ecosystem shows students what to expect once they graduate. As universities across the states are attended by students from other parts of the world, from Asia all the way to the Caribbean, documentation is a considerable part of your investment project.
Students from abroad that hold or looking to hold more than one citizenship will always be on a lookout for best available fast citizenship option to utilize it the best way possible for establishing their own startup or joining an existing one. For instance, foreigners can acquire Dominica citizenship by investment in 2-3 months and as Dominicans can set-up a tax friendly startup structure which will benefit them in a long run.
Undoubtedly, the determining factor of a startup success will be a mission-driven approach. Those students who are focused on their mission will reach out to the desired goal. But how can you know if a startup ecosystem is something for you?
Mission-Driven Leaders in the Startup World
You can’t be successful in a world where everything depends on your idea, hard work, and determination. Investing in startup opportunities will bring you the results you want only if you’re able to fit into this world. And, it’s not an easy world to fit in. Competition is getting bigger and bigger, technology is changing all the time, and you still have to perform well in your exams. Finding time for such a demanding activity is not easy.
However, if there’s a will, there’s a way. You can take your chances in a food industry and start frying uniquely flavored donuts, or create an IoT-based startup that utilizes the most recent and innovative technologies such as LwM2M—the possibilities are endless. With astonishing technological advancements and solutions students can make the most of the startup ecosystem and work passionately on something that can become very profitable in the near future.
Here are three types of mission-driven startup leaders who will turn their ideas into successful projects:
- Students who possess empathy through adversity.
- Students who are coachable and looking forward to feedback.
- Students who are experts in the problem they are trying to solve.
To enjoy benefits from either joining a startup or establishing your own, you will first need to work on your own skills and knowledge. Although you might have a brilliant idea, you will need to study the startup ecosystem with the same dedication you are studying for your exams—if not even more.
The more startups we have, the more difficult it becomes to succeed. That’s why it’s vital you don’t jump into this environment unprepared. Take your time and start when you feel ready.
BY LINE–Kristian Krisyk had been working in the field of web design for 7 years before becoming an entrepreneur in 2014 in design and marketing. His professional interests and hobbies defined major topics of his articles. These days Kristian runs his business and looks for new development opportunities. Follow him @KristianKrisyk or contact at firstname.lastname@example.org