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by hooeezit 5345 days ago
The critical parts to being an entrepreneur are to build a product, raise capital, manage a company and sell the product. For each of those pieces, you need a good professional network. Co-founders to build a product are easy to come by if you are studying for an engineering degree, but finding people for the other 3 pieces of the puzzle are equally or more important and are difficult for an engineering student. So, you have to spend an incredible amount of time networking both within the town/city you are in and in other major tech hubs. You will need to search for and attend every possible free/cheap gathering of techies and through them find people to help with the 'other 3 pieces'. But then there is this other big hassle that looms over everything else.

American immigration laws are specifically designed to keep people out, and that is the biggest barrier you will face. The only way around it is to find a local co-founder and sponsor an H1B visa through the company showing yourself as an employee. There have been recently proposed changes to the H1B rules allowing a sole founder to sponsor their own H1B provided they have investors investing in the company and the company has a board of directors. You will also need to wait a little for enough such cases to go through the USCIS to determine what's the winning formula for such H1B visa approvals. In parallel with all of your other efforts at finding people, you will hence have to find a good immigration lawyer who will also work on a project basis at low rates. Of late, USCIS has be onerous in demanding documented evidence for H1B cases, so you can very well rule out applying entirely by yourself.

The gist is that although it's possible, it's very hard to be an entrepreneur straight out of college if you are not from the country. The shortest route is to fall in love with an american (citizen) girl and marry her. And I don't say that in jest.

1 comments

Depending on your qualifications, you can also get a H1-B job from a major US corporation and convert it into a green card. Being sponsored as the spouse of a US citizen is probably faster (especially if you are from a country where employment-based green cards don't have a current priority date), but the USCIS are suspicious of marriages and the process can be somewhat gruelling. You also end up with a temporary green card until you have been married for two years.
Do you realize how long the process of getting an employment based green card takes? Oddly enough, it is possibly the longest way to obtain US residency. 5-7 years from the start is probably the average, and 10+ years is not unheard of. Most of that time the application is simply sitting idle on a shelf in some government office waiting to be processed. Illegal immigrant who crosses Rio Grande at the same time as someone on H1B submits his paperwork has a decent chance of getting legalized faster (there was at least one if not two amnesties while I was waiting for my GC, and each one slows down the legal queue because understaffed USCIS offices divert resources to process "undocumented" aliens). Getting GC through marriage or some refugee program is much, much faster.

It would be nice if US voters at large were a little more aware of how immigration laws work in practice.

[EDIT] I am in no way suggesting the marriage route, just pointing out that there are many countries with enormous backlogs and for people coming from those countries converting H1B to GC for the purposes of starting a company may, unfortunately, not be a viable option.

Actually, I have first-hand experience of this process. My comment was not made offhand.

It took less than 18 months from starting work as a H1B to receiving my green card. I started the green card process a month into my job. 8 How come? The system is ridiculous; I am lucky enough to have been born in the UK, and not in one of the countries with long years of backlog. I also did a Master's which qualified me for EB2. Between these, my priority date was current so the processing time was simply paper shuffling. Given the suspicion of USCIS around marriages and the process I am going through with my husband's green card, I certainly wouldn't take such a blasé attitude to marriage if you are also, fortunately and entirely randomly, in a current priority class.