I work with filmmakers in an effort to distribute their content nationally.
I start the day by checking emails that have come in from all the people I work with in different time zones. I then usually review and update my micro and macro schedules, which include when major milestones for my various projects are at (I can have anywhere from 4-8 projects going on at a time), and then start prioritizing the tasks at hand for the day. I usually then spend most of my day gathering materials from producers, and start prepping those materials for national distribution.
Excel is an immensely useful tool if you can learn how to utilize its potential. FileMaker Pro can be useful as well. Google Docs are great if you work with a team, as they can be live updating and everyone can share information instantly. Learn the basic skills of professional video editing software - both Avid and FinalCut.
Here's the first step for college students
When you work on a project, regardless of what class or subject it's for and what format it is in, really think about the project schedule as a whole, and think about how all of the steps required to complete it can affect each other if something doesn't go according to plan. Having these contingencies in mind will help you quickly adjust as the unexpected can, and will, come up. Know your deadlines, and always attempt to hit them early. Keep notes as the project goes on to track hits and misses.
"You should go back to school, get a masters degree or study Law. You won't be able to make a living in the television or film industry."
This is no longer the era of "just get a nice steady job and do that for 40-50 years and then retire". Don't worry about the money. If you're doing what you love, the money will show up at some point. Follow your heart, because at the end of the day you need to be happy with, and proud of, yourself and your work. Also, don't be afraid of failure, or change. Try something, and after a few years if it's not for you, then move on to something else. It's ok to say "that was fun, but now I want this."
Student loans! I had to take loans out for my education and will be paying them for a total of 15 years, but its manageable and in hindsight my education and experience was worth it.