OCTOBER 3, 2014 This story first appeared in the October 2014 issue of Entrepreneur. To receive the magazine,click here to subscribe. Anyone who has made it through college knows that ideas are cheap. Every conversation in the classroom, on the quad or at the coffee shop is littered with them–some great, most awful. On occasion, the spitballing even spawns a bit of short-lived business action (witness all the broken links on any Best College Startups internet list from the past few years). o Clearly, it’s not just an awesome idea that makes a college startup great. It takes follow-through, patience and business smarts to transform a dorm-room musing into a viable business. Here are some college startups that made the leap from good idea to great company.
As jobs for young people become increasingly scarce, many Canadians under the age of 30 are trying their hands at starting their own businesses. The Canadian economy added 61,000 jobs in September, but the private sector actually posted a loss of 15,000 — the growth came from the public sector, and from a jump of 38,900 in the number of self-employed workers. Statistics Canada’s latest numbers show 3 per cent of small business owners were under 30 in 2007, and as the population ages, this number is expected to grow. CBC News spoke to entrepreneurs across the country about their business ventures, and about what advice they would give others who are starting or running small businesses.
Agriculture is an industry that constantly needs to innovate to produce more products with fewer resources. In the video below, Mohamed Hijri discusses how adopting a tested biotechnology (from a source that’s been around for 450 million years) can help reduce the amount of phosphorus needed to grow a bountiful crop.