You have a lot of time when you’re a student in high school or college. You can spend your time in a better way than being a student entrepreneur.
Over the past decade, many amazing businesses have been started by college students (Facebook is just one example).
But…
It is possible to start a business while still a student.
Yes.
Students at school, colleges, and universities can start their own side hustles for no legal, financial, or knowledge reason.
The internet has made it possible to access information and finance freely, which has eliminated the most significant barriers to starting a business.
What should a student do to start a business while studying?
Although school and university require a lot of your time, if you are organized and make the most of your time, you’ll have plenty of time to study and manage your startup.
It could even be beneficial for your studies by helping you find new logics and uses of what you have been taught in college. Here invoice generato.
Myassignmenthelp review prepared the best business ideas for students. Below is a list with 7 different startup ideas for students. Each idea has a description, investment requirements, difficulty, and resources to help you set it up.
1) Sell used books
Low difficulty
Low Investment
Description: Congratulations! You have completed your academic year. Check your desk. You have a stack of books. Many times, they end up in the trash bins of your house. There’s a better way to dispose of them than to sell them to students at a lower price than a new copy.
At the very least, you’ll be able to save enough money for next semester’s books. This idea is great because it doesn’t take much time nor any investment.
2) Flip websites
Medium difficulty
Investments are high
Description: Buy exiting websites at a low price and grow them over 6 months to 2 year. Then, you sell them at a higher price for a profit. This is a full-time job that can make you millions of dollars a year.
It is important to find a website that is high-quality and affordable. There is a lot of information available about what to do and how to go about it. You will also find many digital marketing courses for free that can be helpful in growing these websites.
3) Re-Selling
Difficulty Medium
Medium Investment
Description: While there is an ethical issue surrounding reselling tickets or sneakers, I have personally witnessed many people make a lot of money by buying items at a low cost and then selling them at a high price. Limited items, such as tickets or sneakers, work best for re-selling. Once the item is out, those who can’t afford them will pay more to get them.
Understanding the market is key to reselling. Knowing what items people will be willing to pay more for when they run out is crucial. It can be risky. I know of someone who bought 10 concert tickets and couldn’t sell them. He ended up inviting his friends to the concert for free, which was a big loss.
4) Writing Services
Difficulty Medium
Low Investment
Description: Create a website offering all types of writing services for students and businesses. This could include SEO content, sales and marketing copy, essay writing, proofreading, and even academic papers.
Trustworthy services are available online. Before you start your own writing business, it’s a good idea for you to become a professional essay writer at a top website. Once you have gained valuable experience, you can start your own essay writing company. The hourly rate or the project cost could be charged.
If the website invites students to write for it, +1.
5) Play Cupid
Difficulty Medium
Medium Investment
Description: Create a website or app for singles on your campus or in your locality. The community will appreciate this app and with a small fee it could be the Tinder of your neighbourhood or campus.
Instead, the app could be used to promote networking. It could be used by people to make new friends and meet new people.
You could also use the app to promote professional networking.
6) Babysitting
Low difficulty
Low Investment
Description: Babysitters and nannies will always be in demand. The demand for babysitters and nannies is growing as both parents work more and the length of maternity and paternity leaves shrinking. You already have the right skills if you’re a good parent and have a pleasant personality.
7) Local Reviewer
Difficulty Medium
Low Investment
Description: When we are looking for information about a product to purchase, we first look online to find reviews. You will find that all major cities have dedicated sites for reviews from multiple sources. What about smaller places, or campuses? There is a lot of potential there.
Create a website to review local accommodations. This can be exclusive to the campus or any other accommodation that students might rent out. This could be used as a reliable source and not just word-of-mouth. You could add listings or discussion forums to your options. This can be monetized through advertising.