Most students think of the college years as the time of hard study and active partying, as well as an ongoing challenge of balancing the two. But college life can be much more than homework and parties. For most young and daring people who are still ambitious and resourceful, college is the formative period during which they build businesses of a lifetime. This is exactly what happened to Phil Collins, the current co-founder of, a company assisting students with their homework and research around the globe. Let's take a look at his experience a bit closer to see how others can take advantage of the business opportunities college gives. 

So, how did Phil arrive at the decision to establish an academic writing business? Everything is simple; he was good at writing. He quickly connected the dots of successful and quick homework completion. He managed to write several essays each day, going far ahead of the writing schedule of his group and freeing much time for social activities, sports, his beautiful girlfriend, and even a part-time job. While his friends called him "super-Phil," Phil, in his turn, always repeated that proper time management and attentive completion of a writing task were the clues to success. And a bit of writing talent, of course. 

Unfortunately, many students studying together with Phil lacked that unique writing talent and discipline, so they soon started asking Phil for editing assistance, peer feedback on their drafts, and sometimes even writing a paper or two from scratch. Phil didn't have time for so much academic assistance and had to say "no" most of the time, not to become a victim of goodwill. But as time went by, Phil realized that he had to use his talent somehow, and he formed a small academic assistance firm. First, he charged just a few bucks for different types of help (finding reputable sources for an essay, proofreading the work, helping with an outline, etc.). But after he met Jennifer Lockman, his entire approach to the academic writing business changed. 

A student of the Finance Department, Jennifer was good at numbers, which became an ideal supplement to Phil's writing talent. Together they formulated a coherent pricing policy for their firm, now able to get reasonable payment for the time spent on academic assistance. They branched out different types of work, differentiated them by complexity levels and urgency, and disseminated the new pricelist among their acquaintances. 

The demand grew disproportionately once the fellow students learned that Phil was ready to assist them with writing for a small fee. After two years of fruitful work with his peers, Phil understood that he was burnt out and couldn't write dozens of essays day and night any longer. But instead of dropping the business, he decided to take the one more business, hiring and training a team of professional writers. Under Phil's close guidance and tutorship, the team grew and developed, adding new experts in new subject areas to the list day by day. 

As this story of Phil Collins' successful college startup ideas proves, students may undergo active development and growth during the hectic college years - the only secret to business success is to listen to your inner self, to identify your talents, and to monetize them naturally. It's always reasonable to start small and see how it goes rather than invest all the available funds into a risky endeavor and then being afraid to try new things. The lessons that Phil teaches young student entrepreneurs are as follows: 

  • Never neglect your studies as college is about education first of all. Even if your business grows, you may never know what happens in the future. Hence, while in college, you should make the most out of the education it offers. 

  • Be attentive to yourself; don't bury your talents because of a lack of time or concentration. Be true to yourself, and the business of your dream will form naturally. It's always easier to earn money on what you love than on what you hate. 

  • Find peers with different talents to complement your skill. You can start a firm as a one-person business, but to scale it and make the business sustainable, you'll need specialists with different skills. 

  • Don't be intimidated by hardships. At times, they only serve as alerts that you can do something better if you do it differently. Thus, by looking at the challenges critically and analyzing how you can change the situation, you may arrive at a new business plan unexpectedly. 

Go on with Phil's advice, do business during studies, and you're likely to graduate with a well-established company. Developing an already existing business is much easier than creating something new from scratch. Good luck, young entrepreneurs!