Hi all, wanted to see if anyone has ideas/experience on how to run a side business for senior year of college? Heading into IB after graduation and wanted to make some extra cash to pay for tuition / rent during senior year. Thanks!
| +269 | Return Rates For Interns Are Falling? | 109 | 11m |
| +119 | Article: Why UBS's Asian M&A bankers are thriving and UBS's American M&A bankers are not | 11 | 1m |
| +112 | I am a drunk MD AMA | 39 | 1d |
| +64 | VP Lifestyle at Top BB Coverage Groups | 40 | 1d |
| +63 | UBS Offer Day | 23 | 18h |
| +57 | An Outsider’s View of RX Banking Out of College | 6 | 4d |
| +40 | WF Return offers | 27 | 12h |
| +40 | I hate Wells Fargo | 6 | 14h |
| +34 | No return offer - feeling like a failure is an understatement | 14 | 20h |
| +30 | Weird Majors->IB ? | 24 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Hey there! Starting a side business in your senior year is a fantastic idea. It not only helps you earn some extra cash but also gives you a taste of entrepreneurship. Here are a few tips based on the most helpful WSO content:
Find Your Niche: Look for something you're passionate about and can turn into a profitable venture. It could be anything from tutoring, graphic design, blogging, or even a small-scale e-commerce business.
Plan Your Business: Once you've identified your niche, start planning. This includes understanding your target market, setting up your pricing, and figuring out how you'll market your business.
Start Small: Remember, Rome wasn't built in a day. Start small, test your ideas, and scale up as you start seeing success.
Manage Your Time: Balancing academics and a side business can be challenging. Make sure you have a solid plan to manage your time effectively.
Incorporate as an LLC: If you're making money from your brand and blog, consider incorporating as an LLC. This shows universities and potential employers that you ran a legitimate operation.
Use Your Business in Your Applications: Weave your entrepreneurial journey into your essays and applications. This could be a huge differentiator on your application.
Remember, the key to a successful side business is passion, planning, and persistence. Good luck with your venture!
Sources: High School Junior Looking For College Advice, Interview with a Senior Software Developer for a Prop Trading Firm, I've had more luck with entrepreneurship than with career: advice desperately needed, 7 Things I Learned While Running a Business
bump
Ut rerum at consequatur. Consequatur neque mollitia unde exercitationem et. Aperiam rerum velit et ab ipsum et perspiciatis. Doloribus eum eaque corporis et voluptate voluptatem.
Suscipit laborum dolorem in quia qui ut. Repellendus similique ab dolor aliquid. Corporis maxime non similique repudiandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...