Should college students be encouraged to start businesses before graduation?
Editor's note: According to a newly-amended Ministry of Education regulation, college students who have started their studies can apply for leave for several semesters and their period of schooling can be extended. It's a huge step to encourage students to start their own businesses while at university. However, some people doubt whether the regulation will have an effect on students' grades or performance. Should college students be encouraged to start businesses before graduation? China Daily readers share their opinions.
The majority of new businesses fail because, even if you have a product or service that fills a gap in the market, new businesses are typically under-capitalized and lack the skills in sales, marketing, administration and accounting.
If you subsequently decide that self-employment is not for you then it leaves a question mark over you as to whether you are just seeking short term employment while you wait for another opportunity to start your own business.
Four college students start up their company after graduation in Guangzhou province. [Photo/VCG]