Gaebler Ventures Gaebler Ventures is a business incubator and holding company providing venture capital investment and shared services to early-stage companies. We've invested in some great portfolio companies. Some of the best resources for entrepreneurs -- all based on our real world experiences! Our guiding investment philosophy is to provide exceptional returns for our investors. Check out the latest news from Gaebler Ventures. Learn more about Gaeber Ventures! Get in touch. We'd love to talk with you!   
 
 
Gaebler Ventures is a business incubator, holding company, and private equity firm. We help entrepreneurs transform ideas and innovations into greatness.

Articles for Entrepreneurs

 

College Students Who Started a Business

 

College Students Who Started a Business

Written by Anne Hauser for Gaebler Ventures

If you've wondered how to get cheap textbooks, or are tired of paying high textbook prices, there are two college students who understand. Two brothers started a used textbook company that offers students cheap textbooks. Learn what the college students did to start their business.

Brandon and Aaron Knoblauch took a common problem experienced by many college students, high textbook prices, and created a business out of it.
(article continues below)

The two brothers from the University of Missouri (MU) started 1Up Books last fall on MU's campus. Their mission was to "one-up" the competition: the university's bookstore.

The Knoblauchs were officially incorporated last year. After combining everything in their bank accounts, plus some capital from their parents, the two brothers were able to buy 5,700 books from students in their first semester of business.

They later sold them back online. Currently, 1Up Books sells books through pre-existing sites like Amazon.com, but they are launching their own Web site sometime before the start of their fall semester in August. The site URL will be 1upbooks.com.

'We are definitely in a college market. Most of the books we buy are from college students," said Brandon. "We do most of our business during finals week and the month or so before school starts when students are buying books for the next semester."

Brandon said it can be a little challenging to be a student and run a business at the same time, since the majority of their business happens during finals week.

"I still get decent grades, but the most challenging part is staffing our business around everyone's finals schedule," Brandon said.

As far as marketing, the Knoblauch's rely mainly on word-of-mouth between students. Brandon also suggests business owners not only know who their target market is, but how to market effectively to that audience. Last year, 1Up Books gave away a free Nintendo Wii as a promotion to encourage students to sell their books to 1Up instead of the university's bookstore.

Although Aaron graduated from MU last year, he still works on further developing 1Up Books. Brandon said he's not sure where the business will end up, but it's something he definitely plans on continuing when he graduates from the MU School of Business this spring.

"The classes that have helped me most in school I think are the accounting classes," Brandon said. "It's important for business owners to come up with a business model and not underestimate the amount of start-up capital needed to get your business going."

While 1Up Books still primarily targets MU students, they are finding new clients all over the world. The Knoblauchs ultimately want to help college students like themselves find the right books, for the right price.

Anne Hauser is a freelance writer who is currently a double major in Magazine Journalism and English at the University of Missouri.


Comment Board

Thinking about starting a business in college? We welcome your comments and questions.

Be the first to comment on this article.



Write a comment  Code Image - Please contact webmaster if you have problems seeing this image code
Problem Viewing Image
Load New Code

If you are an ambitious entrepreneur or an aspiring executive looking to get involved with a startup, please take the time to learn more about Gaebler Ventures.

 

 

Additional Resources for Entrepreneurs

Starting a Business - Business Ideas - Naming and Branding - City Guides

Buying a Business - Writing a Business Plan - Raising Money - Incorporate

Small Business Marketing - Advertising Advice - Public Relations -

Customer Service Tips - Entrepreneurial Selling - Workplace Safety

Startup Leadership - Strategy - Intellectual Property and Entrepreneurs

Articles on Exporting - Human Resources for Entrepreneurs - Workers Comp

Legal Information for Entrepreneurs - Sarbanes-Oxley - Accounting - SBDC

Business Credit Cards - Nonprofit Entrepreneurs - Mission Statements

Tax Tips and Resources for Entrepreneurs - Operating Your Startup Business

Real Estate Decisions for Entrepreneurs - Franchising - Selling a Business

Starting a Home Business - Small Business Technology - Business Travel

Business Finance - Advice for Retailers - Entrepreneurship for Scientists

Administrative Professionals / Office Managers - Family Business Advice

Good Businesses to Start - Start an Energy Business - Start a Hedge Fund

Payroll Service Information - Productivity Tips - Bad Economy Advice

Small Business Websites - Search Engine Optimization - Online Reputation

Search Engine Marketing - Social Marketing Optimization - Business Forms

Business in the Jungle - Business in Fiction - Negotiating - Radio Ad Costs

Newspaper Advertising Rates - City-Specific Resources for Entrepreneurs

Small Business Insurance - Global Entrepreneurship - China & Entrepreneurs

Entrepreneur Features - Employee to Entrepreneur - Small Business Ethics

Acquisition Speculation - Good Business Books - SBA Franchise Loans

Small Business Loans - Studying Entrepreneurship - How Kids Make Money

Social Entrepreneurship - Mergers and Acquisitions -

Veteran Entrepreneurs - Useful Web Sites for Entrepreneurs - Dell Deals

Buy.com Deals - Female Entrepreneurship - Small Business Experts

Entrepreneurial Resources by State - Resources for Young Entrepreneurs

African American Entrepreneurs - Resources for Hispanic Entrepreneurs

Resources for Asian Entrepreneurs - Resources for Women Entrepreneurs

Resources for Gay Entrepreneurs - Businesses for Sale - Office Supplies

Economics - Lists of Small Business Incubators - Lists of Angel Investors

Lists of Venture Capital and Private Equity Firms - Franchise Opportunities

Recommended Products and Services for Entrepreneurs - Contributors

Get FREE Price Quotes from Multiple Vendors - Business Glossary