STUDENT ENTREPRENEURS EARN DOLLARS AS WELL AS DEGREES University of Virginia students are using their heads to foot the bill for their education. By recognizing and providing needed services, the student entrepreneurs are meeting -- and sometimes exceeding -- their financial needs. Several descriptions of students who have started their own businesses while pursuing degrees follow: Put To The Task Doing homework has paid off in a big way for Mark Harnois and Duncan Pickett. Students in U.Va.Õs McIntire School of Commerce, Harnois and Pickett used an idea from a marketing textbook to start their own successful business. Founders of Task Force Inc., a group of independently contracted University students, who provide a variety of personal services, Harnois and Pickett expect sales to exceed $15,000 in April. Task Force services include tutoring, house painting, yard work, piano lessons, voice lessons, carpools and anything else clients demand. Although the entrepreneurs started by going door-to-door to find clients, business rapidly expanded, and they now keep a master list of students with particular job skills to match with clients who need specialized services. Harnois said they select students who are in financial need to perform most of the jobs. Despite the extra help, the founders of Task Force Inc. spend about 40 hours weekly running the business. Harnois attributes Task Force Inc.Õs success to the positive relationships students have established with local residents. ÒWe emphasize service with a smile. Our clients trust the students because we are reliable and friendly,Ó Harnois said. For more information, contact Mark Harnois at (804) 984-1468 or via his beeper at (804) 972-8484. An Honest Racketeer Chris Sloan is stringing his way toward a bachelorÕs degree. The U.Va. student earns $5,000 each academic year by fixing tennis rackets for the menÕs and womenÕs varsity tennis teams. Sloan said the money he makes from stringing rackets goes a long way toward paying his rent and phone bill. (His parents cover his out-of-state tuition.) The entrepreneur started stringing rackets during his first year when the varsity tennis coach offered him $5 per racket to fix the teamÕs rackets. Although Sloan said some country clubs charge $20 per racket, he decided to give the tennis team a Òbulk discount rate.Ó In addition to fixing 15-20 rackets per week, he also spends approximately 20 hours weekly as both the menÕs and womenÕs team manager. ÒThey keep me phenomenally busy,Ó Sloan said. On one occasion, he had an exam to take the next day, but decided instead to work through the night to finish 28 rackets the menÕs tennis team needed for its tournament. SloanÕs activities may sometimes interfere with his studies, but he still manages to keep a 3.75 grade-point-average and is a member of the National Honor Society and Golden Key. Now a third-year environmental science and classics major, Sloan is also a member of the UniversityÕs College Bowl Team. For more information, he can be reached at (804) 984-2533 or via e-mail at cas5c@virginia.edu. Clean Slate Susan Carter cleaned up when it came time to finance her U.Va. education. The 36-year-old fourth-year student runs her own cleaning business, providing enough revenue to cover education costs and living expenses. The business employs six other independently contracted students of non-traditional college age. Carter, who spends 15-20 hours weekly working, says she tries to keep her business Òsmall and manageable,Ó so she can provide customers with only Òthe best personal services.Ó The entrepreneur claims that although financing her own education has been challenging, she would not have it any other way. ÒI have incentive to get the most out of it.Ó After spending several years working as a hotel sales manager and a cocktail waitress, Carter said she truly understands the value of higher education. ÒI wanted the best education I could buy for myself. ItÕs an investment.Ó When she walks down the Lawn at graduation this May, Carter will have overcome more than financial obstacles to reach her goal. She also has a learning disability that makes spelling and reading difficult. For more information, contact Carter at (804) 979-5377. Dial 1-800-SUCCESS Paul Watkins, a second-year student at U.Va.Õs Darden Graduate School of Business Administration, is enjoying his last semester as an MBA student with a job in hand -- a vice presidency that he earned through ingenuity, persistence and free phone calls. A native of Louisiana, Watkins saw little or no Cajun food products in local grocery stores -- especially no Mam PapaulÕs, a Creole and Cajun line manufactured by Louisiana Gourmet in Hahnville, La. While in New Orleans over break, Watkins called the 1-800-EAT-KJUN number he found on a Mam PapaulÕs box to see if he could be a summer intern at the firm. Although he was told Òno,Ó his call was received by the sister of the companyÕs president, who relayed it upward. Watkins called the next trip home and received the same answer, but he continued to call the 800 number, and finally got an interivew at the firm. When a company representative said there were no job openings, Watkins countered by offering to work free. In the summer between his first and second years at the Darden School, Watkins produced a successful gift catalog for the firm. He so impressed his employer with his marketing skills, that he earned a modest sum and a bonus at the internshipÕs end. After returning to Charlottesville this year, Watkins persisted in calling the 800 number, seeking a permanent position after graduation this May. His perseverance paid off: in January he was offered the position of vice president of marketing and a stake in the company. For more information, contact Watkins at (804) 979-5901. Cornering The Market During his last year at U.Va., Jason Palmer spent 70 hours a week working at a small business for a tough demanding boss: himself. Convinced that students wanted an alternative to typical dining-hall fare, Palmer opened in June 1993 ÒThe Corner Meal PlanÓ that allows students to charge meals on a debit card at local restaurants in the ÒCornerÓ business area adjacent to the University. Although PalmerÕs business took a loss during its first year, the number of students on the meal plan has grown from 400 initially to approximately 1,700 in February. With the increase in participants, Palmer expects the business to make a profit this year. He now hires three part-time paid employees and six interns who receive a monthly stipend for their work. Although Palmer was an Echols Scholar with a concentration in government at U.Va., he says that the information he learned in class could not have prepared him for the challenges he faces in the business world. ÒStarting my own business was really a trial by fire. The real world is entirely different from the academic world,Ó Palmer said. In addition to managing The Corner Meal Plan, the U.Va. graduate works approximately 80 hours weekly teaching high school students through the Close-up Foundation in Washington, D.C. Although PalmerÕs time is limited, he said The Corner Meal Plan business will continue Òas long as there are students at the University and restaurants on the Corner.Ó He can be reached at (202) 332-6558 at his home in Washington, D.C., or at The Corner Meal Plan office in Charlottesville at (804) 971-1595. March 29, 1995