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Great Businesses Started in College Dorms

The first decade of the twenty-first century has been dominated by success stories of great businesses that started in college dorms. Some of them were of course established in the last century but they revived themselves like the phoenix. Every student attending middle or high school, college or university should be aware of these great businesses that started in college dorms because those precious few years during graduation or post graduation are when people are at their creative and productive best. Once a person gets into the routine of a regular job, takes up responsibilities at work and in personal life, their creativity and potential take a backseat. It is best to explore your true potential when it is the most potent, creative and unique, when you are the most energetic and productive, when you have the appetite to take risks that may appear unreasonable to grownups and those who wish to play safe.

  • Mark Zuckerberg’s Facebook is worth more than a hundred billion today. It is the largest social network in the world right now and everything started in his dorm at Harvard.
  • Google was born in a dorm at Stanford. Larry Page teamed up with Sergey Brin just two years before the new millennium and today Alphabet is one of the most valuable companies in the world. Its omnipresence and omnipotence has no equal.
  • Microsoft was not actually born in a dorm but it was founded by Bill Gates and Paul Allen when the former was in college. It is the most popular operating system in the world even today, almost half a century later.
  • Michael Dell founded the namesake company when he was in college. He went on to become the youngest chief executive officer of a Fortune 500 company. He was only twenty seven when he achieved the feat. The company is still a market leader today, thirty four years after its inception.
  • Reddit was founded by Steve Huffman and Alexis Ohanian when they were students at University of Virginia. SnapChat was developed by Evan Speigel and cofounder Robert Murphy when they were at Stanford. WordPress was developed by Matt Mullenweg in 2003. Sean Parker was a student when he founded Napster in 1999 with John Fanning. MIT students Arash Ferdowsi and Drew Houston founded Dropbox.
  • It is not just information technology companies and social media or social networks that were founded by students attending college. Kinko’s was founded in 1970 at a college campus. Paul Knight conceived FedEx when he was studying at Yale. His undergraduate paper outlined the whole idea of the logistics company that he would later establish. Interestingly, his paper earned him a C grade from his teacher. The company generates around two billion dollars in yearly profits today. Even Nike started out as Blue Ribbon Sports in 1965, when Phil Knight was in school.

Middle school and high school are when students acquire foundational knowledge. College or university is when students should use their knowledge and explore possibilities that have hitherto been unimagined.

About the Author

Morris Edwards is a content writer at CompanyRegistrationinSingapore.com.sg, he writes different topics like  Singapore – Businesses have more women in managerial positions in 2017,  Credit Score Essentials for Small Businessesand all topics related to doing Business in Singapore.

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