Why I Want To Start My Own Business

Why I Want To Start My Own Business

The calling to become an entrepreneur has never been stronger.


I've had a few jobs in my lifetime. I can't say I enjoyed any of them. My last job had long hours with 10-hour shifts on average. Something that I learned with my last job is that I don't work well with others. I feel as though I am more capable of working on my own without others to slow me down. I've always been this way, ever since I was a little kid in elementary school. I was known as a 'quiet kid' but I was also known for being much smarter than the rest of the class. I focused on getting my work done early so I could relax while the other kids talked to each other and then struggled to finish their work on time.

See, I've always thought of working with others as a hindrance to my productivity. They bring along their opinions, drawbacks, and doubts. I don't need that. I know exactly how I want something to be done and I don't need anyone else disagreeing with it or trying to tweak it to fit their ideas. You might call this narcissistic but I think of it this way: if you want something done right then do it yourself.

A wise man once told me if you're not working for yourself than your just working for other's dreams. Most people have a boss and that boss doesn't care about your goals. That boss only cares about his own goals. Odds are you won't feel the same urgency to complete your work because it's just a paycheck to you. I find this system to be quite dreary and uninspiring. Your time is the most valuable thing in life. You can always make money back but you can't turn back the clock. Why chip away your effort at something that doesn't serve you?

A few years ago I had a business idea. I felt very good about this idea, sharing it with everyone I came across hoping to gain more insight from those with business experience. I was preparing to go into the School of Entrepreneurship and signed up for a ton of business classes and all the entrepreneurship classes I could take before getting into the program itself. The program starts junior year of college so for the first two years I just had to take care of all the prerequisite classes. I was deadset on becoming an entrepreneurship student. I sent in my application and wrote an essay about my business idea and why I would be a good entrepreneur. I waited and waited until one day my inbox lit up with an email from the program coordinator. Anxious to see the good news I opened the email, only to discover I hadn't gotten in.

With that, my entrepreneurship itch faded away. Doubts and adversity had overcome hope and passion. I started to think that starting my own business was a pipedream, that there was no way I could make this great idea a reality and make millions of dollars before I turned 25. I gave up on business school and switched to something easier - creative writing. I had always been a good writer and I figured I'd give it a shot. I knew it would be easier than business calc and accounting. While the English department has allowed me to expand my creative talents it still feels empty. As I write this article I imagine making a living for myself that is independent of others - I want to become an entrepreneur. The path is yet to be discovered but the seed has been planted.

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Is PayPal still useful for students?

Paypal Management


According to the PayPal website, the final functionality on their student accounts ends on September 22, 2018. However, since they stopped parents from paying back in April and transferred any outstanding balances to the parent account at the same time, these accounts have been dead for a long while. So, is PayPal still relevant for students and what are the alternatives for managing your money in high school and college?

More Than Just Pocket Money

Teen spending is a big-time market in the United States and much more than just a way of managing an allowance of a few dollars. It is estimated that U.S. teens spend $172 billion per year between them. At the other end of the scale, this includes college costs like food, accommodations, leisure and socializing as well as the occasional book or two. Still, despite the startling figure they have to spend between them, with virtually no experience in managing money in the real world, many teens still struggle. Financial problems are only one of the many issues that can ruin your freshman year at college.

The PayPal Student Account

In 2009, PayPal saw an opportunity to help with this situation, and hopefully, create loyal PayPal customers for life at the same time, and so, they created the PayPal Student Account. These innovative accounts ran for seven years and were aimed at helping parents to provide cash in a simple, straightforward way to their student childrenwhile at the same time,keeping an eye on spending. Unfortunately, their simplicity and extra features, such as money management tools aimed at teaching students how to control their finances, were outweighed by significant fees. Students were charged 2.9 percent plus 30cents to receive money within the U.S. and 3.9 percentplus 30cents if the cash came from overseas. Add to that ATM charges of $1.50 and a $3 charge for bank withdrawals, and the cost of this convenience soon mounted up.

So, is PayPal still relevant for students?

That depends on the age. PayPal does not allow accounts for anyone under the age of 18, as they cannot enter into a legal contract in the U.S. However, PayPal can still be useful for older students. Once over the age of 18, students can receive money quickly and easily from their parents and pay safely and securely online without disclosing their private details. These days, PayPal can be used for almost anything online, from buying your groceries to buying your seat at the big game or even buying your place at the gaming tables. You can even apply for PayPal credit, which is like a card-free credit card account. However, these are stand-alone accounts and parents will have no control or oversight on how the money is spent and they don't provide easy access to your cash.

PayPal Money Pools

One significant advantage of PayPal for students is the new Money Pool feature. It allows groups to contribute to joint ventures without any single individual having to take responsibility for a significant amount of cash. Members can pay in what they like when they like, and with a clear record of all transactions, there is no room for disputes. It's ideal for that spring break adventure or that sports team trip.

What are the alternatives?

Now that the PayPal student account is gone, what are the alternatives for parents and their student offspring? Prepaid cards are one of the most popular ways to provide funds for students, both at home and when they are away at college. The advantage with these is that they do not need to be attached to a bank account and can be topped up at any time, but still, may be tied to a single store brand or supermarket. Many banks also offer prepaid debit cards, which are attached to the parent's account, yet have the student as an authorized user.

Alternatively, the major banks, such as Bank of America, Capital One and Chase, all offer student or teen bank accounts that provide some of the features of an adult account, although these usually need to be tied to the parent account as a guarantor. Many of these allow parental control of spending, which may seem harsh to the student, but will usually make the parent feel more willing to contribute funds.

Finding ways to financially support students at college while making sure that they manage their money effectively has always been an issue. The demise of the PayPal Student Account is an unfortunate backward step for all concerned. However, with a bit of digging around, there are still plenty of ways to find that balance between parental control and student freedom when it comes to finances.

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Why Ellena Whitfield Became YouTube's 'EllenaWhat'

A conversation with Ellena Whitfield on the future of YouTube, journalism, and social media.


Ellena Whitfield, popularly known as "EllenaWhat" has taken advantage of the social media revolution with the success of her YouTube channel, which has a following of 65,000 subscribers.

YouTube has become the gateway to success for many young internet influencers as the site became second-most popular in the world as of August 2018.

Whitfield has applied her success online to her schooling at the Walter Cronkite School of Journalism and Mass Communication at Arizona State University. With an aspiration to become a Rolling Stone or Alternative Press journalist, Whitfield creates weekly music reviews to her channel.

"I think YouTube is relevant because of the culture our generation expresses. We grew up with the boom of social media and it's our modern-day entertainment on a more personal level. Our parents experienced the same thing through the boom of television. This is why we've started to idolize influencers like they are movie stars," Whitfield said.


Whitfield has met many other young and successful influencers during her time at ASU and the making of her channel. Her cousin, Kendall Rae, a YouTuber with 1 million subscribers inspired her to create her channel.

Whitfield expressed that she would love to become a full-time YouTuber, but there is always the fear that the platform will crash.

"One of the biggest YouTube influencers, Jeffree Star, was making money off of Myspace and then all of a sudden the platform, which seemed revolutionary at the time, crashed and he was forced to live on his friend's couches for a while," Whitfield said.

Even with the fear of YouTube ending, Whitfield said her YouTube channel has given her a platform and the experience she needs to succeed as a journalist. Whitfield said that YouTube not only helped her gain a social relevance, but it gave her experience on how to make relevant and timely content.

Ellena Whitfield Showing Me How She Films Her VideosLauren Hernandez

Human communication professor, Steven Corman emphasizes Whitfield's point on the importance of present-day journalists adopting the social revolution.

"Mainstream media and social media are part of a shared ecosystem. Mainstream media uses social media as a source of information, and social media plays an important role in distributing stories from mainstream media. Journalists need to embrace both if they want to be successful in creating stories and reaching larger audiences with those stories," Corman said.

The most unique aspect of journalism is that it is forever expanding. There are many new platforms and ways of sharing news such as YouTube that allows journalists to spread news faster than ever.


Lexi Varrato, the social media director of ASU's AWSM club strives to evolve with journalism, especially when it comes to the club she helps run as it is one of the most important aspects of journalism to stay relevant.

"Having a social platform as a journalist is crucial because it helps you build your brand and create a presence in an era that is so technologically focused. Not only will you create your image, but it allows you to make connections that will help you further your career," Varrato said.

The rise of young influencers is very inspiring to Whitfield as she says it is realistic to make a career as an influencer. She said that YouTube can lead creators to many different careers such as creating a fashion line or becoming a journalist as she aspires.

Whitfield plans to keep her channel as long as YouTube exists because she loves every aspect of documenting her life and sharing it with her audience. Whitfield expressed that she cannot wait to see where YouTube is in a couple years and believes many college students should give YouTube a try.

"People that have millions of subscribers all started with zero. If you don't start now you're never going to know what could happen," Whitfield said.

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