Business ideas for students: a special selection for those who are still studying at an institute, university, university, college and other educational institutions
Many American students are yet ready to open their own business even before receiving a diploma. Every fourth person who wants to embark on the path of entrepreneurship is ready to create his own business in the near future. In general, for students, business is an opportunity to realize themselves, gain practical skills and an additional source of income, in addition to scholarships and financial assistance from parents.
We only support this initiative. And we have specially prepared a selection of business ideas for students that can be implemented even by those who are currently studying at a university.
Seven reasons to start a business as a student
According to a survey conducted by American Companies is the Land of Opportunity Group, 61% of the students surveyed consider business an attractive career. 42% of students said that they would like to first gain experience in the right field, and then open their own business. One in three suggests that to start a business you need to have an innovative idea. And only one in six believes that luck is important to a successful start.
Top 5 attractive business areas for students:
(according to survey results)
- Service sector (19% of respondents).
- Trade (14% of respondents).
- Fashion and beauty (11% of respondents).
- Culture and creativity (10% of respondents).
- Marketing (8% of respondents).
Studying at a university or college leaves free time for self-realization. Of course, you can spend it on entertainment and recreation. But here are seven reasons why you should do business in parallel with your studies.
Read more: TOP25 business ideas for students
Reason 1. Getting real business experience
Many books have been written about the first steps in entrepreneurial activity and dozens of video courses have been shot.However, theoretical knowledge that is not backed up by practice can be deemed useless.
IMPORTANT! In social networks, beginner entrepreneurs are literally pursued by courses from information gypsies. They promise to teach how to attract investments, write sales texts, bake brands like hot cakes. As a rule, the information in such courses is a compilation of articles that are easily googled for relevant queries. Therefore, save your money by avoiding hubs, marathons, and similar offers.
Do you want to take courses? Under the auspices of the regional Ministry of Economics, free events are likely to be held - the benefits from them will be the same, and maybe a little more.
Reason 2. Development of soft skills
Business can be an excellent school for developing soft skills. You will have to pump empathy, intuition, stress management skills, delegation of authority, customer service, negotiations and much more. Unfortunately, universities and colleges do not teach soft skills, despite the fact that they are crucial for developing a successful job after graduation.
Reason 3. Networking
Already by the time they graduate from a university or college, entrepreneurial students will have many contacts of competent people who can be contacted for advice, support or help. The entrepreneurial community is distinguished by its friendliness and the ability to quickly make new acquaintances, which over time can turn into strong partnerships.
Reason 4. Improve your resume
A paragraph about your own business and already existing experience in the industry will favorably distinguish a recent graduate from other young professionals. Employers or investors for his new project will probably take him more seriously. In any case, your price in the market will be higher if the line “CEO” is on the resume (even if in fact it was a small or medium-sized student company).
Reason 5. Additional income
Even a small business can provide a constant flow of money. Profits from your commercial project can be spent on further business development, tuition or additional education, shopping and entertainment.
Reason 6. Time management and planning skills
The ability to correctly allocate time between lectures, tests, exams and building business processes will greatly help in the future. Practice shows that people are willing to continue cooperation with those who do not miss deadlines, are ready to work overtime for the success of the project, and maintain a tight schedule. Therefore, the skill of time management and meeting deadlines will ensure good career advancement.
Reason 7. Knowledge of market mechanisms
Knowing how prices for goods are formed, what marketing tricks are used by entrepreneurs will be useful in everyday life. They will help to correctly form a personal budget, as well as to look for the most advantageous offers of goods and services, knowing their true cost.
Business ideas for students
Students who talk about the need to find an idea for a business are absolutely right. Without it, you will not be able to create your own business and succeed. To become competitive, a business proposal must be unique and consistent with the internal values of the entrepreneur. Here are 12 business ideas for those who are ready to try their hand at entrepreneurship in their student years.
Business ideas for students without investments
There is a myth that it is impossible to start a business without investments. In fact, there are many ways to start your own business without investing money.
Teacher, tutor
This type of business is suitable for undergraduate students. Schoolchildren, university students, first-year university students, as well as adults who are discovering a new field of knowledge are interested in the services of a tutor. Foreign and Russian languages, literature, mathematics, physics, chemistry and history are especially in demand: there are a lot of requests for tutors for these subjects, the niche has not yet been filled.
IMPORTANT! Starting an entrepreneurial path, it is better to legalize immediately. You can become self-employed and receive a tax exemption of 200 $. This will allow the first time to work without tax deductions, but to gain official experience. If you want an additional pension to be formed, you will have to register as an individual entrepreneur. In 2022.
You need to understand that due to the high competition in the market, it is necessary to keep the high quality of the services provided. In order to distinguish your educational course from many similar ones, you should come up with game strategies for lessons, interactive presentations, and so on. It is necessary to scrupulously approach to checking the homework of students and explaining topics they do not understand, be sure to give them feedback.
To start an educational business, you can register on free ad services, for example, Avito or Yula, as well as on specialized resources (here it is worth mentioning PROFI).
Writing term papers and theses
A business for those who study excellently and are ready to help others in getting good grades. Reports, term papers and theses need to be written all the time, but not all students are ready to sit at textbooks or a monitor in search of information, so they prefer to pay money to have someone else prepare the material for them.
When performing the work, it is necessary to take into account the various requirements of universities for the design of work. Well, if you can find out the preferences of the teachers who will be handed over the work. This makes it easier to complete the task and increases the chance of a good grade for the client. You need to choose in advance a list of topics on which you can write papers.
You can tell about the service to start with classmates. It is also worth posting an ad about writing student papers on free classifieds services. In addition, you can create an account on social networks to find clients.
Dog walking services
In large cities, dog owners do not always have time to give their pets the necessary attention. Delays at work, business trips, illnesses are the reasons why pet owners have to turn to dog sitters for help. Walking dogs will require stamina (large dogs need to be walked for at least an hour and a half) and a love for animals.
You can turn to a specialized service for dog sitters, however, for aspiring businessmen, dog walking is a working idea for an individual business. To begin with, you will need practical, not new clothes, which will not be a pity if the animal leaves paw prints on it.
It is also worth considering a treat that can be used during walks as a reward (here you need to consult with the owner, perhaps the dog is on a strict diet for medical reasons). You don’t have to buy leashes, collars, muzzles and harnesses, as pet owners already have them. But to buy strong toys will be useful.
The first customers can be found through free classifieds services. You can also create an account with the offer of services in social networks. A colorfully designed page will be the best advertisement, especially if it contains owner reviews and photos of happy dogs.
Courier Services
During the lockdown, couriers have become the most sought-after players in the service sector. They deliver goods purchased remotely, ready-made food from cafes and restaurants, and documentation. To work as a courier, you need responsibility, organization, good knowledge of the city (or the ability to use a navigator).
Couriers are often hired by food delivery services and transport companies. However, courier services can be offered independently. For example, to participate in public procurement, when budgetary organizations and departments need help in delivering documents. For tenders, you will have to register as an entrepreneur, but you can provide yourself with work for a long time. If necessary, you can attract classmates and acquaintances to work, increasing the number of customers and profits.
Courier services can be offered on specialized resources, for example, "Profi". You can place information on the site of free classified ads. To participate in government tenders, you will have to register on the "Goszakupki".
Application and website development
Universal digitalization and automation requires the development and implementation of more and more new digital solutions. Today, most retail outlets must have an online presence to keep customers up to date with new arrivals, promotions, discount offers. Any serious specialist today should have a portfolio site. Public and private enterprises require application and software development services. Some solutions are used for commercial gain, others are used to optimize internal processes, and still others are used as ancillary tools for employees.
Engaging in the development of applications and websites is an excellent choice for students of IT specialties. With programming skills, you can plunge into the world of "combat" tasks, the results of which will be used in practice.
Until now, the developer market is experiencing a shortage of workers and smart heads. However, programmer talent alone is not enough: it is important to ensure that deadlines are met and the code is of high quality.
Over time, you can attract fellow students to the business by increasing the number of clients and the range of tasks to be solved. The growing amount in your account will illustrate that you are doing everything right.
You can find clients on freelance exchanges, in telegram channels, as well as through contextual or targeted advertising. Additionally, you can create a website and offer services through it. It can also be a demonstration of what the entrepreneur is ready to offer customers.
Business ideas for students with minimal investment
Starting a physical goods business is impossible without investing in raw materials. But it is not necessary to spend large amounts on investments, but you can start with small batches. One of the business strategies in this direction is to turn the handicraft hobby into an additional source of income.
Dropshipping
Despite the development of the Russian retail market, some products are difficult to find at affordable prices. This problem can be solved with the help of dropshipping, when the entrepreneur acts as an intermediary between the manufacturer and the buyer of the product. Earnings come from the markup set by the dropshipping businessman.
To get started, you need to find products that are not so easy to buy on the market, despite their popularity and demand. To identify such a product, it is worth asking classmates, friends, relatives what products they are looking for to buy right now. Then you need to find a manufacturer of the necessary goods or their high-quality analogues and agree on cooperation. The advantages of this type of business are that you do not need to buy out consignments of goods and think about their storage, the manufacturers themselves will send the products to the addresses collected by the dropshipping entrepreneur.
IMPORTANT! In dropshipping, the ability to find the right product is important. You have to study and analyze a lot of information. For example, costumes in the style of the TV series “The Squid Game” are now popular, although a few months ago there was no such trend. Special search services help track market requests - Wordstat from Yandex and Trends from Google.
You can also get acquainted with the studies of analytical agencies, which are regularly published in open and closed sources. Closed studies will have to be bought, but they are usually of higher quality.
After the goods or a group of products are selected, it is necessary to create a one-page website for their presentation, place information in free classifieds services and social networks. It is important to constantly expand the range of products offered and monitor changes in trends in order to ensure a constant flow of revenue.
Creation of designer t-shirts, mugs and so on
The trend for individuality continues to win people's hearts, so designer items are very popular. And it's not just about clothes and accessories, but also, for example, interior items. For students of creative specialties, helping consumers express their individuality can be a good income.
IMPORTANT! When creating design drawings and patterns, it is important to remember about copyright: you cannot use the results of someone else's intellectual work, either in full or in part.
To work, you need to purchase a printer for printing on T-shirts, mugs, key rings, phone cases, and so on. If there is no money for a purchase, then it is worth talking with the owners of photo labs who provide services for translating images into objects. For a moderate fee, they will certainly agree to provide equipment. Next, you can create the first batch of things with unique patterns, inscriptions, logos or drawings.
You can sell designer t-shirts, mugs and other things through social networks. To do this, you should create a business account, where design samples will be posted. If possible, you need to create an online store: to save money for the first time, you can make it on a free CMS, which will provide the minimum functionality for the operation of an electronic outlet.
Making handmade soap
Handmade cosmetics are popular. They are distinguished by an abundance of shapes and aromas, they can be made from natural ingredients or according to an individual recipe.
This type of entrepreneurship is well suited to students of chemical specialties. Creating cosmetics at home is not so difficult, there are enough recipes for soaps, creams, shampoos and other cosmetics on the Internet. For an entrepreneur, it is only necessary to purchase raw materials and equipment for production. Additionally, you can think about packaging for products: products of a recognizable brand are more likely to be bought.
Acquaintances, classmates and relatives can become the first clients. It is worth getting feedback from them to find out how to improve the recipe, expand the range, and the like.
Production of cakes, biscuits, pastries
Homemade confectionery products have created competition for industrial foods. Increasingly, cakes are ordered from housewives, and homemade cookies are becoming a popular present for various holidays.
The production of cakes, cookies, pastries at home may be of interest to students of culinary specialties. To get started, it is enough to purchase the missing kitchen utensils and raw materials. It is important to choose fresh natural ingredients, as the competition in this area is very high and low-quality products can cause a business to fail.
You can test your culinary skills on friends and relatives. They will tell you how you can change the composition of desserts so that they become even tastier. You can offer products through social networks, posting photos of finished products and customer reviews on your pages.
Business ideas for students with investments from 100,000 rubles
If you have free money, you can open a business that will have staff and professional equipment. As a rule, these are small productions that will require a separate area, a marketing budget and the alignment of business processes.
Service center
The trend towards environmental friendliness and things with history encourages people to refuse to buy new appliances, furniture and other items and repair old ones. Most often, repair of electronics is required - smartphones, tablets, laptops, various household appliances.
This business is well suited for engineering students. To open it, you will need a room or an island in a shopping center, equipment for diagnostics and repair, the most common components and consumables. You will have to take care of the design of the repair point: develop a corporate identity, order a sign. It is important to monitor the quality of product repair, otherwise you can quickly lose business in a highly competitive market.
To attract the first customers, you can distribute leaflets for a 10-20% discount on the first repair. You can also launch campaigns for contextual and targeted advertising, create an account on social networks and a website.
Photo studio
Photos remain something magical for people. The frozen moment is shared on social networks, shown to friends and acquaintances, stored in photo albums and in the memory of devices. There are many options for photo shoots - adult and children, business and love story, wedding and nude, and so on.
If there are many offers of photographers, then finding a good photo studio is a real problem. For students, her organization can be a good option for the first business. You need to find a suitable room and create 2-4 photo zones there with various decorations. Profit will be generated by renting a photo studio by professional photographers. It is important to regularly update the interiors to offer photographers and their clients a new environment for shooting. You can earn extra money if you take photographs of clients on your own.
You can talk about the new photo studio in professional communities of photographers on forums and social networks. Do not forget about a separate account for the photo studio to demonstrate the beauty of the interiors and the attractiveness of the locations.
coffee house
Coffee remains one of the most popular drinks among Russians. It is drunk at home, at work and school, during walks and friendly gatherings. And the sale of finished coffee itself remains one of the highest marginal businesses: the cost of water, grains, a disposable cup and additives (sugar, syrup, milk) can be 3-4 $, and a cup of freshly brewed drink is sold for 5-8$ and more. Opening a coffee shop remains a popular type of business for aspiring entrepreneurs, as it allows you to plunge into the world of administrative processes, procurement, customer service and HR issues.
To open a coffee shop, you need to find a suitable location with good traffic. It is not necessary to open a full-fledged cafe, you can often get by with a small point with 1-2 coffee machines and popular types of coffee in stock. You will also have to take care of finding professional baristas who will offer customers delicious and high-quality coffee.
IMPORTANT! In order for a business to start making a profit with a high probability, you should pay attention to buying a franchise. In this case, the franchisee will send to the partner checklists, lists and instructions that will help open a point, organize the supply of coffee and consumables, get and retain the first customers, and so on.
The initial investment in the franchise will cost a little more, but it will be the price of peace of mind and a clear plan of action. The cost of franchises of coffee houses and coffee outlets starts from 2000 $.
The distribution of leaflets and a symbolic 10% discount on coffee will help attract customers to the coffee shop.
You will also need to create an account on social networks to demonstrate new items, talk about promotions, introduce baristas (this increases customer loyalty) and, in general, show that the point is ready to receive guests. Additionally, you will have to purchase advertising in navigation services so that customers can quickly find a place with their favorite tonic drink.
How to find business ideas for students
Due to the limited budget, business ideas for students tend to be small in scale. But they allow you to master the basic skills of entrepreneurs: the ability to build long-term strategies, analyze and work with numbers, solve marketing and personnel issues, delegate and allocate time to solve problems.
Quite often, student business is associated with innovative ideas. In case of success, it is possible to occupy a market in which there is no competition yet, which means to get high profits.
To search for business ideas for student business, it is enough to look around - there are still many unresolved problems and unmet needs. The idea can be suggested by classmates, they can also become the first business partners.
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