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10 Famous Companies That Were Founded By College Students

10 Famous Companies That Were Founded By College Students

Did you know that three of the world class websites were all started by college students? Yes, indeed. That is the power that college students have in the global arena.

However, success does not come cheap. For all these college success stories, a heavy price has been paid whether it’s at the expense of them dropping out of college or facing a number of hurdles along the way. As a college student, if you are looking to take on that path and start your own start-up, you should be prepared to face any challenges that may come your way.

It is not hard to find an idea that you can easily actualize. Do not look for a big idea, instead, concentrate on finding a big problem which you can then go ahead and solve. It might take you a while, but you need to be passionate and dedicated to what you are doing if indeed you dream of launching a successful start-up while still in college.

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This piece will look at the infographic by Essaymama titled “10 most valuable startups launched by students” and dig into some of the challenges founders faced as they attempted to realize their dreams and the results they eventually got.

1. Microsoft, Bill Gates and Paul Allen

They were both co-founders of the billion dollar Microsoft enterprise. It all started while in middle and high school when the two programming geniuses met. Bill joined Harvard University, but, after a year, Paul convinced him to drop out, to which he obliged. After struggling during the first few years, they realized success when they licensed MS-DOS to IBM in 1981.

2. Facebook, Mark Zuckerberg

As a Harvard undergrad, Zuckerberg started Facebook as a sophomore to help connect with fellow college students. From what started as a sophomore dating site back in 2004, seven years later became a site with over 1.39 billion active users.

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3. Yahoo, Jerry Yang and David Filo

These two Stanford Graduate Students founded Yahoo in 1995. They did it three years before Google was launched. They started Yahoo as a directory of their favorite websites. In as much as the platform struggled for a number of years, it remains one of the largest websites.

4. Reddit, Steve Huffman and Alexis Ohanian

The two grads from the University of Virginia started reddit as a social news site in 2005. After struggling for a few months, they were funded by Y Combinator. It wasn’t until 2006 that Conde Nast Publications acquired the entity.

5. WordPress, Matt Mullenweg

In 2003, the undergrad student of Houston University teamed up with Mike Little and Michel Valdrigh to create this awesome Content Management System. Today, the platform hosts more than 130,000 websites out of the top 1 million websites.

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6. Google, Larry Page and Sergey Brin

They were both graduates of Stanford University and founders of Google in 1998. They had a hard time juggling between their start-up and their studies and even opted to sell it to Excite for $1 million. Fortunately, Excite declined the offer.

7. Time Magazine, Britton Hadden and Henry Luce

You may not believe it, but these grads from Yale launched Time in 1923, and at that time it was the first weekly news magazine in the United States. The magazine has grown to become one of the world’s largest circulated weekly news magazine.

8. Napster, Shawn Fanning

The grad student from Northeastern University started Napster as a peer-to-peer file sharing network. After just 2 years, the platform was temporarily shut down due to copyright issues. However,  Napster became an online music store and eventually was acquired by Rhapsody.

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9. Dell, Michael Dell

The undergrad student of Texas University created Dell in 1984. After struggling at first, he received a $300,000 investment from his family and decided to drop out of college. Now Dell is the #1 shipper of PC monitors in the world and is the sixth largest company in Texas by total revenue.

10. Tripod, Bo Peabody and Brett Hershey

The web hosting service was started by two Williams College students in 1992. The website was initially created for college students and provided such resources and services as resume-writing help and tools for website building. However, later Tripod was bought by Lycos.

Most of these individuals encountered different challenges during their journey but they did not give up on their dream. As college students wishing to pursue their dream, always keep faith and never give up!

10 Most Valuable Startups Launched By Students

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    Jessica Millis

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    1 How To Break the Procrastination Cycle 2 Types of Procrastination (And How To Fix Procrastination And Start Doing) 3 5 Tips for Overcoming Procrastination and Feeling Overwhelmed 4 Why You Procrastinate: 7 Possible Reasons You Can’t Get Anything Done 5 Is Procrastination Bad? The Truth About Procrastination Revealed

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    Last Updated on March 31, 2020

    How To Break the Procrastination Cycle

    How To Break the Procrastination Cycle

    How often do you find yourself procrastinating? Do you wish you could procrastinate less? We all know how debilitating procrastination can make us feel, and it seems to be a challenge we all share. Procrastination is one of the biggest hindrances to moving forward and doing the things that we want to in life.

    There are many reasons why you might be procrastinating, and sometimes, it is really difficult to pinpoint why. You might be procrastinating because of something related to the past, present, or future (they are all intertwined), or it could be as simple as biological factors. Whatever the reason, most of us follow a cycle when we procrastinate, from the moment we decide to do something to actually getting it done, or in this case, not getting it done.

    The Vicious Procrastination Cycle

    For some reason, it helps to understand that we all go through the same thing, even though we often feel like the only person in the world who struggles with this. Do you resonate with the cycle below?

    1. Feeling Eager and Energized

    This is when you commit to taking a new action or getting something done. You are feeling confident and optimistic that, this time round, you will do it!

    2. Apprehension Starts to Come Up

    The beginning stages of optimism are starting to fade. There is still time, but you haven’t done anything yet, and you start to feel uneasy. You realize that you actually have to do something to get it done, and that good intentions are not enough.

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    3. Still No Action

    More time has passed. You still haven’t taken any action and probably have a lot of excuses why. You start to panic a little and wish you had started sooner. Your panic starts to turn into frustration and perhaps even irritability.

    4. Flicker of Hope Left

    You can still make it; there is a little time left and you ponder how you are going to get it done. The rush you get from leaving your task until the last minute gives you a flicker of hope. There is still time; you can do this!

    5. Fading Quickly

    Your hope starts to quickly fade as you try desperately to understand why you just can’t do this. You may feel desperate and have thoughts like, “What is wrong with me?” and “Why do I ALWAYS do this?” You feel discouraged, or perhaps angry and resentful at yourself.

    6. Vow to Yourself

    Once the feeling of anger or disappointment disappears, you most likely swear to yourself that this will never happen again; that this was the last time and next time will be different.

    Does this sound like you? Is the next time different? I understand the devastating effect that procrastination has on many lives, and for some, it is a really serious problem. You also have, on the other hand, those who procrastinate but it doesn’t affect them in any way. You know whether it is affecting you or not and whether it undermines your results.

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    How to Break the Procrastination Cycle

    Unless you break the cycle, you will keep reinforcing it!

    To break the cycle, you need to change the sequence of events. Here is my suggestion on how you can effectively break the vicious cycle you are in!

    1. Feeling Eager and Energized

    This is when you commit to taking a new action or getting something done. You are feeling confident and optimistic that, this time round, you will do it! The first stage is always the same.

    2. Plan

    Thinking alone will not help; you need to plan your actions. I always put my deadlines one or two days in advance because you know Murphy’s Law! Take into consideration everything that you need to do, how long it will take you, and what you will need to get it done, then plan the individual steps.

    3. Resistance

    Just because you planned doesn’t mean that this time is guaranteed to be different. You will most likely still feel the resistance so expect this. This stage is key to identifying why you are procrastinating, so when you feel the resistance, try to identify it immediately.

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    What is causing you to hesitate in this moment? What do you feel?  Write them down if it helps.

    4. Confront Those Feelings

    Once you have identified what could possibly be holding you back, for example, fear of failure, lack of motivation, etc. You need to work on lessening the resistance.

    Ask yourself, “What do I need to do to move forward? What would make it easier?” If you find that you fear something, overcoming that fear is not something that will happen overnight — keep this in mind.

    5. Put Results Before Comfort

    You need to keep moving forward and put results before comfort. Take action, even if it is only for 10 minutes. The key is to break the cycle and not reinforce it. You have more control that you think.

    6. Repeat

    Repeat steps 3-5 until you achieve what you first set out to do.

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    Final Thoughts

    Change doesn’t happen overnight, and if you have some deeper underlying reasons why you procrastinate, it may take longer to finally break the cycle.

    If procrastination is holding you back in life, it is better to deal with it now than to deal with the negative consequences later on. It is not a question of comfort anymore; it is a question of results. What is more important to you?

    Learn more about how to stop procrastinating here: What Is Procrastination and How to Stop It (The Complete Guide)

    Featured photo credit: Luke Chesser via unsplash.com

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