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Entrepreneur snubs graduate job market

Published: Friday, 17 July 2009   Category: Professional & financial services

One student who left university last year among steadily worsening reports of the recession has decided to forgo the graduate job market and set up his own business.

Patrick Kingshot, a 23-year-old graduate of Kent University, used his business administration degree to set up his own company selling second-hand music equipment on popular auction site eBay.

According to the Surrey Mirror, the business started by Kingshot and friend Robyn Pennock in April is now seeing a turnover of £30,000 and sales moving into the thousands.

He explained his decision to the news provider: "There's just a ridiculous amount of graduates looking for work. My advice to people is to really look into selling things on the internet. Everyone at the moment is looking for a cheap deal and the best place to provide that is online."

The Belfast Telegraph recently reported that the University of Ulster's Business School has been working closely with firms to give those set to embark on a search for a graduate job the correct skills.