These days, with the barriers to entering the business world lower than ever, countless companies are getting their start not in a boardroom but in the dorm rooms of their business-minded founders. Getting started in college doesn’t mean you’re going to be a success, mind you: As with traditional businesses, most dorm-based businesses fail, says Ryan Caldwell, an online entrepreneur who runs College-Startup.com.
1. Make schoolwork a priority.
2. Identify your unique selling point.
3. Think outside your dorm room.
4. Enjoy the freedom to fail.