Balancing Classes, Relationships and Your Startup.
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This document summarizes advice from successful college student entrepreneurs on balancing school, relationships, and starting a business. It provides 12 steps for launching a college startup, including assessing motivations, validating ideas, locating resources, and balancing classes and relationships. Entrepreneurs discuss developing laser focus through minimizing distractions, using productivity tools like Asana, and protecting one's network by spending time with entrepreneurially-minded friends. The document advocates seeing classes as complementary to a startup and using school resources and students for a business. It prompts reflection on what one is willing to sacrifice to focus on a startup.
![Time
Management
“I was 100% focused on my startup and frankly not
school. I was in my senior year and basically doing
a victory lap after we got funding [$400,000]. But I
still needed to keep up with school. Having my
startup while in school forced me to develop
incredible time management skills. Those skills
have helped me grow, Bird.”
Jake Smith, Bird](https://image.slidesharecdn.com/thecollegestudentstartupguide-ceoglobalconference2019fnl-191105134538/85/Balancing-Classes-Relationships-and-Your-Startup-20-320.jpg)
Balancing Classes, Relationships and Your Startup.
- 1. Balancing Classes, Relationships and Your Startup… Dave Gee
- 3. Sales Sherpas LLC – Proprietary – 800-287-7198
- 4. Questions I receive from students…
- 5. “Gee, I have a startup idea what do I do next?”
- 6. “Where can I find money to fund my startup?”
- 7. “Gee, I am bombing my classes because I am spending so much time on my startup”
- 8. “Should I drop out of school and focus on my startup?”
- 9. “I don’t have time for a boyfriend, my startup is my boyfriend.”
- 10. “Should I go to grad school so I can launch my startup?”
- 11. “You need to create a step-by-step book for college student startups.”
- 12. “I guess it’s time to write another book.”
- 13. July 2, 2019 Official Kick-Off CEO Global Conference October 31,2019 davidralphgee@gmail.com
- 15. 12 Steps To Launch a Successful College Startup Step 1 - Assessing your True Motivations Step 2 - Validating your Startup Idea & Building Your Business Model Step 3 - Balancing Relationships, Classes and Your Startup Step 4 - Locating Helpful Resources for Your College Startup Step 5 - Branding and Marketing Your Startup Step 6 - Law School for Your Startup Step 7 - Raising Capital for Your Startup Step 8 - Pitching Your Startup Step 9 - Building Your Startup Team Step 10 - Creating Your Launch Plan & Pilot Step 11 - Cash Flowing Your Startup Step 12 - Should I Stay Or Should I Go
- 16. Balancing Classes, Relationships and... Your Startup…
- 17. Insights From Successful College Student Startup Founders…
- 18. Managing Your Most Precious Resource…Time
- 20. Time Management “I was 100% focused on my startup and frankly not school. I was in my senior year and basically doing a victory lap after we got funding [$400,000]. But I still needed to keep up with school. Having my startup while in school forced me to develop incredible time management skills. Those skills have helped me grow, Bird.” Jake Smith, Bird
- 21. Asking the Tough Questions…
- 23. Questions from College Student Startup Founders 1) Should I quit my part-time job? 2) Should I study for this exam? 3) Should I break-up with my boyfriend/girlfriend? 4) Should I keep the same friends? 5) Should I sit in the back of class and work on my startup on my laptop? 6) Should I pitch at this competition?
- 26. The Sacrifices What are you going to sacrifice for your “Startup Time?” ● Social Relationships? ● Classes? ● Outside jobs? ● Social time?
- 27. 5S Model – Not The Phone What Are Your ”REAL” priorities? 5S Model – Exercise Prioritize 1-5 (1=Highest Priority, 5 = Lowest Priority) ___ Social Relationships ___ School (Classes) ___ Startup ___ Salary (Job during school) ___ Specific Situation_______________
- 28. Classes and Startups in Harmony…
- 30. Startups and Classes In Harmony “Rather than seeing college classes as an obstacle to building a successful startup, I saw them as complimentary. Mobcraft needed a logo and designs for beer labels. I talked to my graphic design professor about having our logo designed and beer label designed as a project for graphic design students. Two of these students still work for us today.” - Henry Schwartz, Mobcraft
- 33. Protect The Network “I think the most helpful piece of advice I could provide college-student entrepreneurs would be to make a very conscious decision about the kind of people you spend time with. I found a group of friends who were all entrepreneurially minded and focused individuals. We studied together, launched a startup together and supported each other.” - Brandon Fong
- 34. Developing a Laser Focus…
- 36. Laser Focus “ It is easy to waste time as a student, here is how I developed my skill of laser focus... 1) Focus on no more than one task at a time 2) Pause text and message notifications while working 3) Take frequent breaks (5 minutes for 25 minutes of work). Download an app or set a timer to notify you when to stop. 4) Use a personal productivity tool, like Asana.” Austin Beveridge, Marketing Manager, Bolt
- 39. Team Productivity Tool “We couldn’t run at the pace we do at Blue Line without Slack. Email is so slow, and to be honest, most of us only use it to communicate with customers. We can DM team members, send group messages, manage projects and store files with Slack. It saves us time and helps us focus on growing the business.” - Kristen Holtan, Marketing Director, Blue Line Battery
- 41. Questions for Dave? Available on Amazon - $14.99 (Conference Discount) davidrgee