Starting a business while in the higher institution is quite challenging. Trying to combine academic stress and business might be very tasking but that should not stop you from starting a business as a student if you can plan your time.
There are many businesses you can do as a student that is not that challenging, in this post we will share with you businesses you can do at your convenient time. The business we will be sharing with you requires no or little money to start.
How to come up with a profitable business idea
Before you can start a business as a student, you need to come up with a business idea that will be convenient for you. Below is how to come up with good business ideas.
- Intensive research: You need to ask yourself this question “what do people need or want?” and how you can help them to solve the problem. A business that solves people’s problem will surely be successful, Google is a great place to do research on your business idea.
- Think of what you love doing, the business idea you should come up with as students should be what you love doing, what will not bore you when things are not going your way.
Business Ideas For University Students
1. Make money from social media
If you have thousands of followers on your social media account you can use it to start making money as an influential. You can start advertising brands to your followers, to do this you can reach out to brands in your school or top brands to advertise for them.
If you don’t have many followers but you still want to make money with social media, you can follow guides online on how to increase your social media followers and start earning money from your account.
2. Start a website
As a student, you can start your own website and monetize it with AdSense or any other ads network. Starting a website is not that easy, it involves some technicality, you can contact us for help or watch tutorial videos. If you don’t have previous knowledge of coding, you can open a WordPress website/blog. WordPress has many cool features and it is easy to use. While planning to open a website/blog, choose a niche that you like.
3. Become a YouTuber
YouTube is all about making videos, there are many ways you can monetize a YouTube channel. Be it the ads placed on your YouTube videos or sponsored content that successful channels do get, I can assure you you are going to make millions if you are passionate about your YouTube channel.
To start a YouTube channel, you need to have the knowledge of video creation and pick a niche you are interested in. As a YouTuber, you will need to dedicate time to video creation, it must be what people will love to watch.
4. Resell textbooks
Reselling old textbook you used in the previous modules to new students taking the module is a business you can do on campus. At the end of the semester, you can buy your classmates textbook at a lower price and sell it to new students, they will surely take the deal because the textbook can end up being useless.
At the beginning of the new semester, look for students that need the textbook and sell it to them at a cost that is higher than the amount you bought them but it must be lesser than the price of a new one. Its a business with little or no risk, just demand and supply.
5. Sell on creative marketplaces
If you have a service you can render, be it web design, graphic design or any other soft skills, you can make money from it from a marketplace like Fiverr and Upwork. All you need to do is to create an account with them and profile to start making money with your soft skills.
6. Sell Ebook
If you are a writer, you can create an ebook on a particular topic or service you know about and sell it on platforms like Gumroad and Kindle. You can make as many money as possible with an ebook so far it is what people need and you market yourself very well.
7. Buy and sell popular graphics and icons
If you can create attractive graphics and icon, you can sell your design and make cool money. If you can’t create graphics, you can buy from freelancer and resell it make money.
You can sell your graphics and icons on platforms like GraphicRiver and money cool money. You can sell a graphic or icon as much as people want it and make recurring income.
8. Start an accommodation reviews website
Accommodation is very essential to students, it is a primary need for all. You can start an accommodation review blog to help students get good accommodation off-campus. With your blog, you can lias with agents and refer people to them and get your own commission.
9. Produce a campus newsletter
You can get students emails and send out a newsletter to them occasionally. You can reach out to local business and offer them advertisement space in your newsletter.
10. Affiliate Marketing
Affiliate marketing is all about selling other people products and getting a commission. There a many affiliate network out there like Clickbank, Shareasale and co where you can earn good commission. To start, you will need to open an account with them and start advertising to people that need it.
If you have any other business students can do or have any question, you can share it with us through the comment box.