With my son I shared ideas regarding entrepreneurship the last years. He has read big parts of TFM.
He is studying engineering.
He now was offered to take part at a startup. Its a program of the university.
They would be 3 people. Each one of economy, informatic and one technical (that would be his part)
The advantages my son sees are making conections to the others and being one of the founders of a busines, when it succeeds.
And the university has a well equipped technical area they could use.
He would bring in a lot of work, develloping the object they want to sell.
Cons are: he wants to, beside his study, make other things, which are important for him. Building garage, then restore oldtimers, make a Youtube channel about it. And doing sports, which is a big part of his life.
Well, I should advise him whether to do that startup or not.
My thoughts :
-I'd test the market first, before I put work in it. But thats not wanted. Maybe success is not the most important thing here, but development.
-Own dreams/projects first.
But
-conections are important and maybe knowing the way to found a business this way is important, too.
Please share your thoughts.
He is studying engineering.
He now was offered to take part at a startup. Its a program of the university.
They would be 3 people. Each one of economy, informatic and one technical (that would be his part)
The advantages my son sees are making conections to the others and being one of the founders of a busines, when it succeeds.
And the university has a well equipped technical area they could use.
He would bring in a lot of work, develloping the object they want to sell.
Cons are: he wants to, beside his study, make other things, which are important for him. Building garage, then restore oldtimers, make a Youtube channel about it. And doing sports, which is a big part of his life.
Well, I should advise him whether to do that startup or not.
My thoughts :
-I'd test the market first, before I put work in it. But thats not wanted. Maybe success is not the most important thing here, but development.
-Own dreams/projects first.
But
-conections are important and maybe knowing the way to found a business this way is important, too.
Please share your thoughts.
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