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10 things colleges don’t tell young entrepreneurs at graduation

A college degree can give grads confidence and poise. But it won’t guarantee business success.

Starting a business just out of school? Take notes, as there are a few things you should know about entrepreneurship that college simply won’t prepare you for. Here are 10 things your university won’t teach you:

1. “Hope you liked living like a college student.”
Now that you’re out of school, you’re ready to get your own place, maybe buy a car and stop eating Ramen noodles. But, when you’re working for yourself, personal overhead can kill your business before it starts. The more money you spend on yourself and your lifestyle, the less you’ll have to invest in your business.

2. “There are no right answers.” 
The problems you tackle in school are designed to have both right and wrong answers. When you start a business you can get good advice from experts, but every business is different and you may not know whether you’re right until your business flourishes or founders. You need to find a way to thrive without a clear path.

…to read this article in full, visit leading US entrepreneurial resource, Entrepreneur.com.