In the software business, it isn’t unusual for businesses to be started by recent graduates or even students. Dharmesh Shah makes a good case for why this works. I’ll give you a summary, but better yet, read his whole post.
1. Starry-eyed optimism – You’ve gotta have optimism to start any business, software or other!
2. Trusted peer network – Ah, this is important. Students have many more opportunities to connect and team with like-minded individuals than people in corporate careers.
3. Higher risk tolerance – Good point: The opportunity costs are lowest when you haven’t yet established a career.
4. Abstract thinking – Academic programs encourage abstract thinking, whereas the business world favors tactical thinking. Abstract thought lets you be strategic.
5. Applied learning – There’s an eagerness in students to see how what they’ve learned may apply in the “real world”.
I love Dharmesh’s closing quote: “Starting a company is really, really easy"?¦it´s the surviving and growing it that´s hard.”
Is there any reason why these traits of students need to be limited to software startups? I don’t think so. And if you’ve been out of school for some time and can still think like a student, so much the better, because you have some real world experience to help you survive and grow.