7 Small Business Ideas for Student Entrepreneurs
Are you planning to spend your summer vacations doing a job? Before you start the job hunt, why not start your own business? Besides accomplishing the objective of making some money, you will get the satisfaction of being your own boss. Once this business takes a head start, it will become your passive income. You can start a seasonable business or a part-time thing. Now here comes the tricky part – choosing the business idea.
In case you already have an idea, begin with that. If not, pick from the following that are best suited for students:
#1: Online Trading
Students can buy and sell stocks just like experienced traders do. So yes, online trading couldbe a good business idea, too. You simply have to sign up with an online trading platform for that. These platforms charge a fee and let you purchase the shares you like. Trading is not just limited to stocks, bonds, mutual funds, and other online securities are good investment options as well. However, you must have a thorough market understanding because, for a trader, a little knowledge is dangerous.
#2: Social Media Consultant
Most teens are social media savvy. If you are active on Instagram, Snapchat, Twitter, and Facebook, you have the potential to become a social media consultant. Before you put yourself out there, get familiar with the ins and outs of using social media as a promotional tool. It is a smart move to take a course for learning the basic and advanced techniques. You can actually make a living with a social media consultant’s job.
Are you good at penning down your thoughts? Would you like to share your knowledge or even life with others? Then starting a blog will be easier for you. There are a number of online blogging platforms that enable you to set up your own blog even if you have little to no experience. If you wondering how you will earn from blogging, the answer is affiliate marketing programs and paid ads. Before you get a chance to earn from your blog, you must have enough traffic.
You can also become a YouTube blogger. You have to start with a YouTube channel first and create and upload videos on the basis of your interest. Again, the more subscribers you have, the more quickly you will start earning.
#4: Errand Runner
You will be surprised to learn how many people hate running errands. It would be highly profitable to start a business of running errands for others. Example of such work includes picking groceries, chauffeuring the kids, taking the cat or dog to vet, etc. You must be the jack of all trades for this business idea to work.
You are going to need a reliable car for this and you must be responsible with handling the money of others. If you have turned 18, you can even sign up for Insta Cart Shopper and start delivering groceries to customers.
Find here : 7 Business ideas With Low Investment
#5: Resume Writer
Submitting a cover letter along with a professionally written resume is not just tough but also time-consuming. No wonder a lot of people are interested in hiring help.For those who have resume and cover letter services, this hustle can prove to be extremely profitable, this hustle can prove to be extremely profitable.
If you have taught something to one of your younger siblings, turn this idea into a service. Teaching others will help you consolidate your own ideas. Pick the time you are available and start tutoring. This can also be a weekend hustle if you want to give more time to your students.
The satisfaction of watching your students succeed has its own pleasure. If everything goes well, you can expand your team and handle more students. For that, you will have to advertise your services through flyers and maybe even business cards. Word of mouth matter, too. Ask your current students to recommend you to their fellows.
#7: Web Design and Development
This is a great business idea for tech-savvy people. Nowadays, all businesses need a website at least and most of these businesses don’t really know how to set up. Create custom websites for such businesses. Freelancing platforms offer you the opportunity to find your clients. As you get started with your first client, this will give you the opportunity to build your portfolio. And once you have a portfolio, you will start getting more and more clients.
What Are You Waiting For? Get To Work!
It’s totally a personal decision to select a small business idea. Being your own boss is great but you will have to put some extra work hours to get this thing going. Whenever you need help, don’t be afraid to reach out. You can also bounce your business ideas to friends and family for approval. Don’t be afraid to take a bold step. Create a business plan or maybe map out how you are going to outreach and find clients. You can even get started with CFD stock trading if youhave a plan of action prepared.