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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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    Last Updated on November 15, 2018

    Success In Reaching Goals Is Determined By Mindset

    Success In Reaching Goals Is Determined By Mindset

    What do you think it takes to achieve your goals? Hard work? Lots of actions? While these are paramount to becoming successful in reaching our goals, neither of these are possible without a positive mindset.

    As humans, we naturally tend to lean towards a negative outlook when it comes to our hopes and dreams. We are prone to believing that we have limitations either from within ourselves or from external forces keeping us from truly getting to where we want to be in life. Our tendency to think that we’ll “believe it when we see it” suggests that our mindsets are focused on our goals not really being attainable until they’ve been achieved. The problem with this is that this common mindset fuels our limiting beliefs and shows a lack of faith in ourselves.

    The Success Mindset

    Success in achieving our goals comes down to a ‘success mindset’. Successful mindsets are those focused on victory, based on positive mental attitudes, empowering inclinations and good habits. Acquiring a success mindset is the sure-fire way to dramatically increase your chance to achieve your goals.

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    The idea that achieving our goals comes down to our habits and actions is actually a typical type of mindset that misses a crucial point; that our mindset is, in fact, the determiner of our energy and what actions we take. A negative mindset will tend to create negative actions and similarly if we have a mindset that will only set into action once we see ‘proof’ that our goals are achievable, then the road will be much longer and arduous. This is why, instead of thinking “I’ll believe it when I see it”, a success mindset will think “I’ll see it when I believe it.”

    The Placebo Effect and What It Shows Us About The Power of Mindset

    The placebo effect is a perfect example of how mindset really can be powerful. In scientific trials, a group of participants were told they received medication that will heal an ailment but were actually given a sugar pill that does nothing (the placebo). Yet after the trial the participants believed it’s had a positive effect – sometimes even cured their ailment even though nothing has changed. This is the power of mindset.

    How do we apply this to our goals? Well, when we set goals and dreams how often do we really believe they’ll come to fruition? Have absolute faith that they can be achieved? Have a complete unwavering expectation? Most of us don’t because we hold on to negative mindsets and limiting beliefs about ourselves that stop us from fully believing we are capable or that it’s at all possible. We tend to listen to the opinions of others despite them misaligning with our own or bow to societal pressures that make us believe we should think and act a certain way. There are many reasons why we possess these types of mindsets but a success mindset can be achieved.

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    How To Create a Success Mindset

    People with success mindsets have a particular way of perceiving things. They have positive outlooks and are able to put faith fully in their ability to succeed. With that in mind, here are a few ways that can turn a negative mindset into a successful one.

    1. A Success Mindset Comes From a Growth Mindset

    How does a mindset even manifest itself? It comes from the way you talk to yourself in the privacy of your own head. Realising this will go a long way towards noticing how you speak to yourself and others around you. If it’s mainly negative language you use when you talk about your goals and aspirations then this is an example of a fixed mindset.

    A negative mindset brings with it a huge number of limiting beliefs. It creates a fixed mindset – one that can’t see beyond it’s own limitations. A growth mindset sees these limitations and looks beyond them – it finds ways to overcome obstacles and believes that this will result in success. When you think of your goal, a fixed mindset may think “what if I fail?” A growth mindset would look at the same goal and think “failures happen but that doesn’t mean I won’t be successful.”

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    There’s a lot of power in changing your perspective.

    2. Look For The Successes

    It’s really important to get your mind focused on positive aspects of your goal. Finding inspiration through others can be really uplifting and keep you on track with developing your success mindset; reinforcing your belief that your dreams can be achieved. Find people that you can talk with about how they achieved their goals and seek out and surround yourself with positive people. This is crucial if you’re learning to develop a positive mindset.

    3. Eliminate Negativity

    You can come up against a lot of negativity sometimes either through other people or within yourself. Understanding that other people’s negative opinions are created through their own fears and limiting beliefs will go a long way in sustaining your success mindset. But for a lot of us, negative chatter can come from within and these usually manifest as negative words such as can’t, won’t, shouldn’t. Sometimes, when we think of how we’re going to achieve our goals, statements in our minds come out as negative absolutes: ‘It never works out for me’ or ‘I always fail.’

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    When you notice these coming up you need to turn them around with ‘It always works out for me!’ and ‘I never fail!’ The trick is to believe it no matter what’s happened in the past. Remember that every new day is a clean slate and for you to adjust your mindset.

    4. Create a Vision

    Envisioning your end goal and seeing it in your mind is an important trait of a success mindset. Allowing ourselves to imagine our success creates a powerful excitement that shouldn’t be underestimated. When our brain becomes excited at the thought of achieving our goals, we become more committed, work harder towards achieving it and more likely to do whatever it takes to make it happen.

    If this involves creating a vision board that you can look at to remind yourself every day then go for it. Small techniques like this go a long way in sustaining your success mindset and shouldn’t be dismissed.

    An Inspirational Story…

    For centuries experts said that running a mile in under 4 minutes was humanly impossible. On the 6th May 1954, Rodger Bannister did just that. As part of his training, Bannister relentlessly visualised the achievement, believing he could accomplish what everyone said wasn’t possible…and he did it.

    What’s more amazing is that, as soon as Bannister achieved the 4-minute mile, more and more people also achieved it. How was this possible after so many years of no one achieving it? Because in people’s minds it was suddenly possible – once people knew that it was achievable it created a mindset of success and now, after over fifty years since Bannister did the ‘impossible’, his record has been lowered by 17 seconds – the power of the success mindset!

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