What advice would you give college students about starting a business? 
mrphoebs: Tell them that they need to weigh the upside and downside of risks they are taking (financial, time, value) before they take the leap. More often than not starting young has a lot of upsides. No golden handcuffs, More agile/lean , No family to support, Ramen profitability is OK and the delta in learning is huge. Tell them that the upside to failure(which is the worst outcome not considering going into debt) in their first venture is way better than their downside.Also tell them that the hardest part no one talks about is how starting a company means you are the boss and how you need to plan stuff everyday and get it done. Also, its not the amount of work they get done but the results they get and how driven they are to get those results that matter in the end.