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The CollegeBound Network - NewsClick
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February 2002  

It's possible to do two things at once -- like be a student and an entrepreneur. Don't believe the hype? Read on...

Log onto
www.lmu-entrepreneurship.org for entrepreneruial inspiration.

Surf through www.c-e-o.org for tips on building your business.

Get the college life scoop at NewsClick's Archives.

Students Balance Books With Bucks
By Rochelle DelGaizo Billera
February 2002

The CollegeBound Network NewsClick -- Running a business can be a tremendous experience -- even if you're also a student. Just because you're still in school, that shouldn't stop you from going full-speed-ahead with your entrepreneurial endeavors. Need more motivation to stick it out? Try incorporating entrepreneurial studies courses with biz-whiz skills. At least that's what a lot of students in the East Coast are doing -- and they're doing it well!

In recognition of successfully handling dual roles, The East Coast Collegiate Entrepreneur Awards honors students who mean business -- literally. The Third Annual presentation saw entrepreneurial students from New York, New Jersey, Connecticut, and Delaware receive congratulatory plaques and cash awards -- $1,000 for first place and $500 for second place.

"Winning the award was exciting, rewarding, and motivating," says Robert Reicher, Jr., a senior at Quinnipiac University, Hamden, CT, and Connecticut's second-place winner. Robert is the proud owner of R & R Landscaping, a business venture that started four years ago. Since then, it's grown immensely. The secret to his success, says Robert: "Prioritizing everything and figuring out a way to keep a balance." For him, that means scheduling classes on Tuesdays and Thursdays, while getting down and dirty -- literally in the mud and grass -- the other days of the week. He's even managed to maintain a 3.6 GPA!

"I had to sacrifice my personal time," Robert admits, "but it's a sacrifice well worth it!"

Robert, who also has his real estate license, plans to attend law school with a long-term goal to "tie it all together." He wants to become a real estate attorney and a behind-the-scenes businessman -- then, he says, someone else could do the dirty work.

Thomas Krol, an electricial engineering major at the College of New Jersey, Ewing, NJ, and New Jersey's second-place winner, is determined to stay on top of his game, too. Not only does he maintain a 3.9 GPA, he owns IMET (Innovative Mechanical and Electrical Technology). He and his co-winning partner, Joseph Petrella, Jr., make their fortune providing expert engineering advice and product development for companies that lack the manpower to do their own designing.

"Our goals are to build a consulting base with other companies and keep coming up with new [and] innovative engineering ideas," Thomas reveals. He and Joseph have already developed two patent-pending products that are waiting to be marketed: "I-Dial," a voice-activated telephone device, and "I-Lock," a gun safety mechanism.

While waiting for things to kick off, the guys incorporate the
'burn-the-midnight-oil' theory. Since they want their business to work, they stay up until the wee hours of the morning to brainstorm and prepare for success.

...

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