[ashitvora]

Sorry but I have to disagree with many of the points Jessica pointed out.

Regarding consulting, How would you pay your bills when your company is not profitable. I mean, see Twitter. Their valuation is way high but they don’t make money. So the only option to pay your bills and rent is to do consulting on the side or VC money (which I personally don’t believe in).

During school you have time to network, take advice from your professors (many of them are entrepreneurs themselves), and you have enough time to learn if your idea will work or not. I don’t say you will have tons of time to build a facebook while in school but you can build a prototype (version 0.1) and see if that will work.

I really like this idea “Join an early stage accelerator program like YCombinator or TechStars” because here you meet people who are also in the same state of mind as you are. You meet good mentors (probably best in industry). You get enough money to rent apartment. These programs are best for fresh college graduates. Try for 6 months. If it works, it excellent. if it doesn’t, no big deal. You learned something.