The prime time to launch a business is during college, when opportunities abound--and the risks are minimal.

College students might be broke, but they have time and resources at their disposal, not to mention flexible schedules. And while a textbook might not be the best place to learn what it takes to be an entrepreneur, starting a business of one’s own is an invaluable, hands-on learning experience.

The Degree Library infographic below, based, in part, on insights from Y Combinator co-founder Paul Graham, explains why college is an optimal time to start up--and how to get started.