Stu­dent suc­cess

Sur­vey says 28 per­cent of col­le­gians aim to be en­trepreneurs.

China Daily (Hong Kong) - - FRONT PAGE - By SU ZHOU suzhou@chi­ Li Hongyang con­trib­uted to this story.

It would appear that Chi­nese at uni­ver­si­ties and col­leges are not daunted by the high fail­ure rate of stu­dents start­ing their own busi­nesses.

A sur­vey re­leased by Ren­min Univer­sity of China on Wed­nes­day showed that more than 120,000 col­lege stu­dents are run­ning their own busi­ness or have had a re­lated ex­pe­ri­ence, ac­count­ing for 28 per­cent of re­spon­dents.

Only 10.2 per­cent said they don’t want to start their own busi­ness.

The re­port is based on in­for­ma­tion col­lected from more than 430,000 stu­dents at 1,767 uni­ver­si­ties and col­leges across the coun­try.

In ad­di­tion to en­thu­si­asm, the re­port found that chas­ing dreams and free­dom are two main driv­ers for col­lege stu­dents seek­ing

to be­come en­trepreneurs. More than 37 per­cent of re­spon­dents said they want to con­trol their own life and work pace, while more than 20 per­cent said they want to ful­fill their dreams.

Wang Chun­sheng, 28, is a grad­u­ate stu­dent at Ts­ing­hai Univer­sity. He tried to start a busi­ness twice while at col­lege. His first at­tempt in­volved a mo­bile fit­ness app. His se­cond at­tempt in­volved a sub­scrip­tion fit­ness blog on WeChat, which gen­er­ates profit of 1 mil­lion yuan ($143,760) per year.

“I re­ally don’t want to work long hours in an of­fice like nor­mal white-col­lar work­ers,” Wang said.

Zhang Jingxiu, ex­ec­u­tive di­rec­tor of Bei­jing-based em­ploy­ment con­sul­tancy Newjincin Re­search In­sti­tute, said many pos­i­tive poli­cies have helped mo­ti­vate col­lege stu­dents, such as a flex­i­ble ed­u­ca­tion sys­tem that al­lows stu­dents to start a busi­ness while putting their ed­u­ca­tion on hold.

“What’s more im­por­tant is the change in so­cial opin­ions on star­tups. Col­lege stu­dents and their par­ents are view­ing star­tups as an op­por­tu­nity, not a risk,” Zhang said.

Zhang Rui, chair­man of Wanxue Ed­u­ca­tion Group, said there is no such thing as fail­ure when talk­ing about star­tups.

“You can­not judge en­trepreneurs on their first trial. No busi­ness­men be­comes suc­cess­ful at their first at­tempt,” he said.


Stu­dents dis­play robots that can play soc­cer dur­ing an en­tre­pre­neur­ial ex­hi­bi­tion on Wed­nes­day at South­east Univer­sity in Nan­jing, cap­i­tal of Jiangsu prov­ince.

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