Young Entrepreneurial Stories, Starting in College

October 24, 2010 at 11:14 am 1 comment

This article talks about paying attention to budding entrepreneurs early–in college. This is one of the compelling reasons why Snohomish County must land or create a four-year university in the future.

New York University seniors Katie Shea and Susie Levitt were interning at Goldman Sachs Group and Citigroup-Smith Barney when their sore feet inspired them to start a $10,000 dorm-room company selling foldable flat shoes that come in their own tote bag. A year later they have imported 70,000 pairs from China that retail for between $10 and $25. Women can don the slipper-like footwear to hike or drive to the office in comfort, then switch back to their high heels when they arrive at work.

Inspired by Mark Zuckerberg, who founded Facebook as a sophomore at Harvard University, in Cambridge, Mass., and stymied by the shortage of jobs in the recession, college students are launching businesses before they graduate. They’re entering industries that previously required large investments, thanks to websites that offer help with manufacturing, inventory management, and accounting, says Dane Stangler, a project manager with the Kauffman Foundation, a Kansas City (Mo.) nonprofit organization that promotes entrepreneurship. Read the article here.


Entry filed under: Entrepreneurship. Tags: , , , .

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1 Comment Add your own

  • 1. Zara F. Larsen  |  October 24, 2010 at 4:00 pm

    In college? Think about high school. Our son is a junior and has been “hired” by a senior classmate to create the logo and brand character of an upstart (and start up) t-shirt company, the designs supplied by another friend of theirs. (Two of these young men did characatures at the local school fair three years ago and generated over $200 for a non-profit within five hours.) Internet sales already in motion. Who better to understand youthful consumers than youth! One other senior is already spiffing up classmates’ cars with classic muscle car wheels, low profile tires and select engine components. Yes, support and enable education that opens doors to key relationships in the mix.


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