Mike Zaya used his college career to refine his business plan, capping his studies with a marketing course in which the plan earned him an A-. That gave him the confidence to invest $500 and start 123Inkjets, a company he sold in 2005 for about $20 million. Zaya is one of seven college entrepreneurs profiled in this article who prove that you don't have to be a dropout to be successful.

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