Five of the Most-known Student Businesses Started at University3 min read
What are you doing with your college years? Well, some of your classmates are laying the foundation for multibillion companies of the future. They are not crazy because others before them have taken the path and delivered some of the most iconic brands from their college dorms.
The biggest hindrance for students who want to take to entrepreneurship in college is overwhelming schoolwork. If you can get a professional to do my homework online, you will have all the time to develop that global conquering idea.
Look at some of the world’s leading brands that started from a college dormitory.
Microsoft was founded by Bill Gates and Paul Allen. The business started between high school and college when these two programming geniuses met. As they worked on their programming project, Bill joined Harvard University. Allen felt overwhelmed and could see the potential of the project they were working on. He convinced Bill Gates to drop out of college and as they say, the rest is history.
It took Bill Gates and his co-founder a few years to succeed. Their big break came in 1981 when they licensed IBM to use their MS-DOS program. Increased uptake of computers brought the two innovators a fortune. They have used the fortune to grow the Microsoft brand to the trillion dollar and publicly traded company it is today. Many other businesses and opportunities have emerged from their dormitory-innovation. Bill ended up as the richest person in the world for years and continues to rule the chats to-date.
Facebook was launched in 2004 by Mark Zuckerberg. It is the most popular and profitable social media platform today. It has propelled him to the list of the richest Americans under-40 years.
The idea was inspired by Facemash, a program developed by the psychology sophomore to rank photos of colleagues based on how attractive they looked. As he hacked into the platform from different rooms at Harvard, he got the inspiration to develop Thefacebook, a social networking site for Harvard Students in 2003.
Thefacebook captured the attention of half of Harvard University students within a month. It was opened to students from other universities in the USA. By August 2005, Mark bought the domain Facebook.com. This allowed people to access the social media network from anywhere around the world. Today, Facebook has more than 2.85 billion active users. It has earned Mark Zuckerberg a fortune.
The magazine was launched in 1923 by two editors Henry Luce and Briton Hadden. They had been working as editors of Yale Daily News. It started as a weekly magazine offering the latest news to the people in the region. Within a short time, it was circulating to the entire USA. Over time, it has become the largest circulating magazine with a readership of more than 26 million people each week.
Today, the magazine has entrenched its position among the major new outlets around the world. It has given birth to numerous other news outlet platforms. It remains top among the most authoritative and influential media resources in the world.
Larry Page and Sergey Brin are the minds behind the iconic Google brand. The two founded Google in 1998 from Stanford University. Starting a business while in college was already a tough job for them. As they struggled to start, they offered to sell the idea to Excite for $1million. Fortunately for them, and unfortunately for Excite, the offer was declined. Today, Google is the largest search engine on the internet. The company is now worth $1.2 trillion. The founders are now
worth more than $100 billion each.
Dell was founded in 1984 by Michael Dell. He was an undergraduate student at Texas University. Dell struggled in the initial stages, especially balancing his academics with starting up such a demanding company. Capital was also an issue until he received $300,000 from his family. He opted to drop out of school and focus on Dell. Today, Dell is the leading PC manufacturer in the world. It is also the sixth largest company in terms of revenue in Texas.
The success of these college-started companies is attributed to passion. While some dropped out of college, they returned to complete their studies or received honorary degrees from their universities. These businesses point at the opportunities and potential that students can exploit while in college.
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