Wednesday, November 17, 2010

Entrepreneurs and Students

Today it hit us hard: We are students, and still have our pre-thesis to finish.

People have been telling us how nice it is to be students and entrepreneurs at the same time. You have a lot of time, you have few set commitments, and as students, people are willing to help you and give you advice. This is of course all true, but an issue that has been somewhat underestimated is the deliverable we have to present in December; our pre-thesis. We now have less than a month to finish our thesis, and we are not excactly on track...

The problem is not motivation for the pre-thesis. We are writing a very interesting project, but the trouble is that our startup is so much more fun! We have now placed orders for parts for our prototypes and can't wait until they get here. We also need to start planning our marketing strategy, sales strategy, ensure that our suppliers can deliver on time when we order the first products in January, and so on... There are still so many things that need to be done, and so little time to do it. It is very hard to put down the work with our business and start focusing on the thesis, but we have no choice right now. We are eager to do a good job because the problem statement is very exciting. We chose this problem ourselves and really think we can make a contribution to the field!

So, student and entrepreneur at the same time?
As long as you are good at time management and you work hard, there is nothing you can't do. The freedom and flexibility you have as a student makes this an excellent opportunity to start a business. However, you need to prepare for long days at the office and a lot of work. It is hard going, but we hope to be able to do both by our deadline in December.

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