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How do you succeed in entrepreneurship ?
I am a freshman in college, and for the longest time, I knew I wanted my own business. However, I know it is a big commitment and I don't know where to start. I've done small businesses like selling phone charms to experiment as a hobby, but it is not my long-term vision. I listened to many podcasts about how the top five made their way up. But I am still lost, how did you entrepreneurs do it?
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Updated
Wong’s Answer
Hi Shu Yu. Every successful entrepreneur starts somewhere small and uses those early experiences to learn about marketing, customer needs, and managing money. The key to success is to stay flexible and open to learning from both success and failure.
A good first step is to find a problem that you genuinely care about solving. Most strong business ideas come from identifying a need or gap in the market. Think about industries or topics that interest you, like technology, fashion, sustainability, or education, and research what people are missing in those areas. Once you have an idea, start small and test it.
Education can also help. Take business, marketing, or entrepreneurship classes while in college. Join clubs or networking groups where you can meet other aspiring entrepreneurs. In addition, talking to mentors, professors, or local business owners can give you real-world advice and support.
Keep experimenting, stay passionate, and continue learning from every project you start. Over time, your skills and confidence will grow, and your long-term vision will become much clearer. All the best.
A good first step is to find a problem that you genuinely care about solving. Most strong business ideas come from identifying a need or gap in the market. Think about industries or topics that interest you, like technology, fashion, sustainability, or education, and research what people are missing in those areas. Once you have an idea, start small and test it.
Education can also help. Take business, marketing, or entrepreneurship classes while in college. Join clubs or networking groups where you can meet other aspiring entrepreneurs. In addition, talking to mentors, professors, or local business owners can give you real-world advice and support.
Keep experimenting, stay passionate, and continue learning from every project you start. Over time, your skills and confidence will grow, and your long-term vision will become much clearer. All the best.
Updated
Rebecca’s Answer
Thank you for your question. I am glad to know that you would like to become an entrepreneur.
Below are my suggestions :
1. Do you have any industry you would like to start your business. Think about what you have interest or strength.
2. Do some research and analysis on the industry, e.g. entry criteria, competition status, any alternative / substitute, etc.?
3. Attend industry related courses and management courses
4. Work in the industry some time to understand the business model and establish people network
5. Start the business online first if possible
Hope this helps! Good Luck!
May Almighty God bless you!
Below are my suggestions :
1. Do you have any industry you would like to start your business. Think about what you have interest or strength.
2. Do some research and analysis on the industry, e.g. entry criteria, competition status, any alternative / substitute, etc.?
3. Attend industry related courses and management courses
4. Work in the industry some time to understand the business model and establish people network
5. Start the business online first if possible
Hope this helps! Good Luck!
May Almighty God bless you!
Updated
Ying’s Answer
Hi Shu Yu,
It was nice talking with you about becoming a successful entrepreneur. I have a family member who runs a successful online calligraphy shop. Here are some key factors that contribute to its success:
First, always prioritize customer needs. Second, maintain a lifelong habit of learning, especially about industry trends and self-improvement. Third, stay passionate about your chosen field. Remember, learning from both successes and failures will eventually lead to achievement.
I hope this advice helps you in college.
Best regards,
Janice
It was nice talking with you about becoming a successful entrepreneur. I have a family member who runs a successful online calligraphy shop. Here are some key factors that contribute to its success:
First, always prioritize customer needs. Second, maintain a lifelong habit of learning, especially about industry trends and self-improvement. Third, stay passionate about your chosen field. Remember, learning from both successes and failures will eventually lead to achievement.
I hope this advice helps you in college.
Best regards,
Janice
Updated
Toni’s Answer
That’s a great and honest question — and it’s exactly where every successful entrepreneur starts: curious, eager, and unsure where to begin.
Here’s a real, experience-based answer that might help you find your direction:
1. Find Mentors and Communities
Surround yourself with people who are already doing what you want to do — whether that’s professors, local business owners, or online entrepreneur groups. Mentors help you avoid mistakes and see possibilities you might miss on your own.
1. Start with What You Love and What Solves a Problem Entrepreneurship isn’t just about selling — it’s about creating value. Think about what excites you and what frustrates others. Your business sweet spot usually sits where your passion and people’s needs meet. For example: I didn’t plan to become a photographer or creative director — it started from loving creativity, people, and storytelling. When others started asking me to shoot for them, that passion naturally turned into a business.
2. Learn by Doing, Not Just Listening Podcasts and videos are great, but real experience is the best teacher. Keep experimenting — whether that’s doing pop-up sales, freelancing, or volunteering to help a small brand. Every project teaches you something about what works, what doesn’t, and how to improve.
3. Build Your Network Early College is the perfect place to meet people with fresh ideas and different skills. Connect with students in business, design, marketing, or tech — you never know who might become your future co-founder or collaborator. Networking doesn’t mean handing out business cards — it means building genuine relationships.
4. Don’t Wait for the “Perfect Time” You’ll never have everything figured out before you start — no entrepreneur does. Start small, make mistakes, learn fast, and adjust. The earlier you start, the quicker you’ll develop your instincts and confidence.
5. Stay Consistent and Patient Success in entrepreneurship rarely happens overnight. The people you see “winning” today built their foundation over years of trial and error. Stay consistent, keep showing up, and celebrate every small win.
Here’s a real, experience-based answer that might help you find your direction:
1. Find Mentors and Communities
Surround yourself with people who are already doing what you want to do — whether that’s professors, local business owners, or online entrepreneur groups. Mentors help you avoid mistakes and see possibilities you might miss on your own.
Toni recommends the following next steps:
Updated
Jeff’s Answer
Hi Shu! Your question is fantastic, and it's great to see your interest in exploring new paths. Early in your career is a perfect time to discover your passions and take some risks. Jumping into entrepreneurship later can be challenging, especially if you're looking for stability. I recommend taking entrepreneurship classes in college and beyond. This will help you learn more and decide if it's a path you'd like to follow. Keep exploring and learning!
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