13 Tips for Recent Grads Launching a Business This Summer

A few activities to help launch your first business after graduation.

Question: What is your number one tip for a student or recent grad who wants to spend summer launching a new business? Should they take a course, intern, or something else?

Question: What is your number one tip for a student or recent grad who wants to spend summer launching a new business? Should they take a course, intern, or something else?

Question: What is your number one tip for a student or recent grad who wants to spend summer launching a new business? Should they take a course, intern, or something else?

Question: What is your number one tip for a student or recent grad who wants to spend summer launching a new business? Should they take a course, intern, or something else?

Make Something

"Start making. In today's world, you can reach out to numerous resources or connect via technology. Start making and communicating with potential mentors in the field you are interesting in launching your business. They will then in turn offer to help and can help you with the advice you need to start making. Execute and network and you will reach a quality launch much more quickly."


Get Your Feet Wet

"Get your feet wet. A class cannot teach you what you will actually learn from starting up a business."


Work in Your Industry

"When launching a business, it helps to have relevant industry expertise. As a recent grad or student, knowledge about an industry may be a point of weakness. Get a job in the space you want to disrupt, or intern or apprentice within the industry. Starting your professional journey in the relevant industry will help you figure out how to best innovate within it."


Find a Mentor

"Come up with a solid business idea that meets the need of a key (and hopefully large) demographic. Use the Internet for advice and strategies on how to get started and launch. Then find a mentor with experience in the chosen industry by visiting the website SCORE."


Immerse Yourself

"When we first launched Handybook, my co-founder and I wanted to make sure we immersed ourselves in our business market. We cleaned houses and continuously went on jobs with our cleaners to learn what was important to them so we could translate that into our business model."


Talk to People

"Make it your mission to talk to three people per week -- potential target customers, people in your industry or perhaps an educator in that field. Widen and engage your network and connections in the area you want to pursue. If you met three people per week for the 14 weeks of summer that would be 40+ people who can help you reach your goals!"


Gain Experience in an Established Company

"I recommend that students or recent grads first get some experience working at a company before trying to start one themselves. Further, I suggest that they DO NOT work for a startup if they are planning to start their own business. The best thing a potential entrepreneur can do is to spend some time working for larger company that is well established in its field."


Read a Lot

"Read, read and read some more. There is so much information out there and it is crucial to read as much as you can and absorb as much of it as possible."


Start a New Organization in School

"My most impactful entrepreneurial experience was starting multiple organizations in college -- and I’d recommend anyone who’s serious about starting their business start something else first. It’s an extraordinarily forgiving environment with lots of resources and lots of time. It’s also a great opportunity to convince people to work for free and to learn how keep them engaged."


Resources

13 Tips for Recent Grads Launching a Business This Summer

A few activities to help launch your first business after graduation.

Question: What is your number one tip for a student or recent grad who wants to spend summer launching a new business? Should they take a course, intern, or something else?

Question: What is your number one tip for a student or recent grad who wants to spend summer launching a new business? Should they take a course, intern, or something else?

Question: What is your number one tip for a student or recent grad who wants to spend summer launching a new business? Should they take a course, intern, or something else?

Question: What is your number one tip for a student or recent grad who wants to spend summer launching a new business? Should they take a course, intern, or something else?

Make Something

"Start making. In today's world, you can reach out to numerous resources or connect via technology. Start making and communicating with potential mentors in the field you are interesting in launching your business. They will then in turn offer to help and can help you with the advice you need to start making. Execute and network and you will reach a quality launch much more quickly."


Get Your Feet Wet

"Get your feet wet. A class cannot teach you what you will actually learn from starting up a business."


Work in Your Industry

"When launching a business, it helps to have relevant industry expertise. As a recent grad or student, knowledge about an industry may be a point of weakness. Get a job in the space you want to disrupt, or intern or apprentice within the industry. Starting your professional journey in the relevant industry will help you figure out how to best innovate within it."


Find a Mentor

"Come up with a solid business idea that meets the need of a key (and hopefully large) demographic. Use the Internet for advice and strategies on how to get started and launch. Then find a mentor with experience in the chosen industry by visiting the website SCORE."


Immerse Yourself

"When we first launched Handybook, my co-founder and I wanted to make sure we immersed ourselves in our business market. We cleaned houses and continuously went on jobs with our cleaners to learn what was important to them so we could translate that into our business model."


Talk to People

"Make it your mission to talk to three people per week -- potential target customers, people in your industry or perhaps an educator in that field. Widen and engage your network and connections in the area you want to pursue. If you met three people per week for the 14 weeks of summer that would be 40+ people who can help you reach your goals!"


Gain Experience in an Established Company

"I recommend that students or recent grads first get some experience working at a company before trying to start one themselves. Further, I suggest that they DO NOT work for a startup if they are planning to start their own business. The best thing a potential entrepreneur can do is to spend some time working for larger company that is well established in its field."


Read a Lot

"Read, read and read some more. There is so much information out there and it is crucial to read as much as you can and absorb as much of it as possible."


Start a New Organization in School

"My most impactful entrepreneurial experience was starting multiple organizations in college -- and I’d recommend anyone who’s serious about starting their business start something else first. It’s an extraordinarily forgiving environment with lots of resources and lots of time. It’s also a great opportunity to convince people to work for free and to learn how keep them engaged."


See Also: Dear New Graduates: 10 Lessons for the Recently Employed

If you have insights like this to share,

and join us!