Business Ideas For University Students: Ready to start your own business, but don’t know where to begin? This list of the top 10 best business ideas for university students will help you get your feet wet with small-scale entrepreneurial efforts that you can learn from and build upon as you gain more experience.
Business Ideas For University Students
Once you become an experienced entrepreneur, you can use this same process to figure out what business ideas are right for you based on your passions and strengths! Let’s get started!
1) Freelancing / Online Jobs
Freelancing can be a great business idea for college students. There are tons of online jobs that you can get paid to do while still in school. Many of these jobs will help you develop new skills that will make you more marketable after graduation. Getting an early start on freelancing/online jobs is a great way to build up your resume and create connections for future employment opportunities.
Here’s a list of 5 top websites that offer ways to earn money from home during college: Amazon Mechanical Turk – you complete small tasks (like writing product descriptions or analyzing data) and get paid $0.05-$0.10 per task.
This isn’t going to make anyone rich, but it is one of the most popular ways people make money online while in school and it works perfectly with part-time work schedules! Mechanical Turk may not seem like something you’d want to spend time doing, but if it gets you started, pays some bills, & builds experience–it could end up being worth your time!
2) Starting a Youtube Channel
Starting a YouTube channel is an excellent business idea for a university student because it’s cheap to start and easy to maintain. It could also become a great way to establish credibility in your industry and get your name out there as you develop relationships with other social media influencers.
And if you can make money off of ads, affiliate marketing, or any other monetization methods—even better! Here are some of our top tips on how to start a Youtube channel Our top tips for starting a YouTube channel:
Write down what you want to achieve by starting a Youtube channel. A lot of people launch channels without having any goals; they’re just doing it because they heard somewhere that everyone has their own YouTube Channel these days.
This isn’t enough reason to create one, though. Having clear objectives will help keep you focused when creating content and setting goals throughout your journey as a YouTuber . Define who your target audience is . If no one watches your videos, then what’s the point?
3) Selling on Poshmark
If you want to learn how to make money, one of your best options is to sell on an app like Poshmark. As a vendor, you’ll be able to earn a profit from selling your clothing and accessories. And as a buyer, you can purchase items from multiple sellers with ease—there are no shipping costs or any of that hassle. If you’re looking for an app where anyone can earn a little cash for their closet, Poshmark is one of your best bets.
To get started and learn how to use Poshmark, read our full guide on using it here. You’ll find in-depth reviews, answers to frequently asked questions and ways to start earning right away—like through selling gift cards. Because let’s face it: who doesn’t love gift cards?
Peter Parker was bitten by a radioactive spider and given powers he wanted nothing to do with until Uncle Ben died in his arms! He became Spiderman because he had no choice but then went back into life afterwards until his identity was revealed by Dr. Octopus (who turns out isn’t so bad after all!)
Spiderman then joined The Avengers team before quitting due to Captain America telling him With great power must also come great responsibility we all know that Spidey is basically Captain America’s wing man! Peter later became Iron Man when Tony Stark died taking down Thanos!
4) Shopify Store
Starting a business as a student doesn’t have to mean giving up on your entrepreneurial ambitions. Even if you can’t afford to start a business full-time, selling your own merchandise online is a great way to earn some extra cash and build brand awareness for yourself. The best part? You don’t need much money or experience: You can start your own online store with no upfront costs using Shopify (the e-commerce platform).
By setting up your online store through Shopify, you get access to its impressive range of customizable templates and easy-to-use ecommerce software. Plus, their payment options make it possible to collect money in whatever currencies you like—ideal if you’re trying to attract customers from different countries.
When it comes time to expand, they also offer a range of retail services including mobile point-of-sale technology that lets you take payments from customers who visit your physical shop—even without an internet connection! As well as all that, there are plenty of educational resources and tutorials available so that newcomers feel comfortable getting started—even those who aren’t familiar with design software like Photoshop or Illustrator!
If starting an ecommerce store sounds like something that interests you but running your own shop from scratch seems daunting at first, then Shopify might be perfect for you.
5) Amazon FBA (Fulfilled by Amazon)
A lot of successful businesses can be started with a good idea and one laptop. But resources, connections, and assets are also important to consider. If you’re attending school at an established university, it may provide you with access to business mentorships and exclusive networking opportunities. It may also give you access to research labs that can help turn your concept into a profitable venture.
Another advantage is that if you register your business on campus or with campus administrators, students receive a break from paying taxes on some income generated by their startup. Of course, there are many other business ideas for college students than Amazon FBA too; but it’s hard to argue with Bezos’s success! #10.
Home Repair Service: Like all industry-based small businesses, providing home repair services is capital intensive – meaning you need to sink thousands into gear and materials before making any profit. However, if you live in a city where people tend to stay in their homes longer (like Pittsburgh).
Home repair services could offer high profitability down the road as homeowners find comfort in keeping quality contractors they know they can trust around when things go wrong (and they will). Aiming more toward new builds?
6) Drop Shipping
Setting up a drop shipping business can be one of your best options when it comes to a business for students. Drop shipping is cost-effective and hassle-free, giving you more time to focus on schoolwork instead of stocking inventory or selling products. Best of all, your start-up costs are minimal; all you need is access to a computer and internet connection.
A drop shipper will receive orders from customers and then ship items directly from suppliers to customers. You simply earn a commission on each sale. If you already have an ecommerce website, setting up a drop shipping store with Shopify only takes minutes; otherwise, services like Oberlo provide everything you need to get started in just one easy step!
7) Teaching Lessons / Coaching
Affiliate marketing is one of many ways to make money online. It’s not very hard to do and with a little research, you can be making more than enough cash for that bus pass. The great thing about affiliate marketing is that there are so many different opportunities available. It’s just a matter of finding a niche that suits you and getting started.
Affiliate marketing has allowed people from all sorts of backgrounds to start earning online, so whether you’re looking for an extra source of income or looking for your first entrepreneurial venture, it’s definitely worth checking out! Here are some simple steps to help get you started Step 1 – Select Your Niche:
1)Select A Niche That Suits You – Take time to consider what type of product or service you would like to promote? Think carefully as not every niche will suit every person.
When selecting a niche think about: what products/services interest me?, am I interested in selling physical products or services? Do I prefer something digital like eBooks, audio files etc.? Are there particular niches I don’t want my business to be in?(You have no moral opposition to adult themes?
8) Buying Websites / Flipping Websites
There are some great websites available for sale on Flippa, so if you’re a tech-savvy millennial, it might be worth investing in one. Websites that can make money through advertising and affiliates are ideal because you don’t have to manage inventory or worry about shipping things out; just focus on putting up content that draws people to your site.
Buy sites cheaply (between $1 and $50), keep them running as long as possible, then sell them at a higher price (note: in 2018, many of these websites would sell for between $300 and $500). Buying websites is also profitable if you start by buying an existing website and upgrading/improving it with better content/software.
9) Drop shipping Ecommerce Businesses
Have you ever considered starting your own ecommerce store? If you’re looking for a way to get into online retail without all of the startup costs, then drop shipping is a great option. But how do you know if it’s for you? And what does it even mean?
We’ve got all of that and more covered in our beginner’s guide to drop shipping. You can even see some popular ecommerce brands using drop shipping as their primary business model, like Everlane and Bespoke Post.
10) Affiliate Marketing
Affiliate marketing is a great way to bring in some extra income on your own time. It’s also a great way to try out new products and learn about potential niches you might be interested in going into after graduation. If you have an existing site or audience, there are tons of affiliate networks available where you can quickly find products to sell and promote for a commission.
Take a look at our review of Hot Topic Affiliates which has high converting offers that pay anywhere from $20-$100 per sale! Additionally, there are loads of resources online with how-to guides and information related to affiliate marketing. Check out our list of online affiliate marketing courses available now!
Also Read: Best Business Ideas In Pakistan For Females
Conclusion
And that’s a wrap! It can be very daunting to start thinking about business ideas, especially if you feel like you don’t have a lot of money. But remember: it doesn’t matter how much cash you have; it matters how you think. And when it comes to starting your own company, there are thousands of resources online and offline available to help you make your dream come true.
The most important thing is that you have taken that first step! In less than 2 minutes, with just a few keystrokes and some thinking power, you could be on your way to turning your idea into reality—so what are you waiting for? Good luck!
