How a student can start his own business: business ideas for students with minimal investment

How a student can start his own business: business ideas for students with minimal investment
Picture: entrepreneur.com
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Most people have the desire to earn a lot of money and want to create comfort and well-being in their lives.

Especially often, such ambitions appear at a young age, during student life, when “by definition” there is not enough money. Purposeful people studying at universities never missed the opportunity to earn money. Those who wanted to ensure a decent existence for the rest of their lives, even during their student days, opened their own business.

How a student can start his own business

Today there are many examples when, as a university student, a person began to engage in entrepreneurship and as a result, this became his main occupation. For example, one of these is Oleg Tinkov, the founder of the famous Tinkoff bank in Russia. As a student, he brought scarce goods to Leningrad and his hometown of Leninsk-Kuznetsk.

Business plan: steps and recommendations
Business plan: steps and recommendations

When the young entrepreneur was able to buy himself a car and drove it to study, he realized that there was no further point in studying. In fact, there are a lot of such stories. Evgeny Chichvarkin, Maxim Nogotkov, Artemy Lebedev – they all started their own business as students. Let’s try to figure out what kind of business is relevant for students today.

So, in order for your activity to have a chance of success, it is very important to choose the right idea that you will implement. After this, a business plan is created, which represents an algorithm of actions, calculation of expenses, and time planning. With correct calculations, the probability of achieving success increases.

An important role in starting a business is played by initial capital, as well as a team of like-minded people. However, there are cases when a business started literally “from scratch” and independently. Such business ideas for students also exist, and we will tell you about them below.

Business ideas for students with minimal investment

In fact, you can find many options for ready-made business plans for students. Each person chooses one or another idea in accordance with personal preferences. We will only tell you about the simplest and easiest business ideas for students to implement.

How can a student start his own business
Picture: ventureatlanta.org

Selling content

Content is everything we see, watch and listen to on the Internet. For a student, this type of business can be divided into two main areas:

  1. Writing articles and selling them on specialized exchanges.
  2. Production of logos, banners, pictures, videos, audio.

The first option is an excellent solution for students who are studying journalism, philology, foreign languages, and so on. If you have the opportunity to work with large amounts of information, then this direction is for you.

For those who are studying in the field of architecture, computer design and other specialties with an artistic orientation, making money by creating logos, banners, videos and pictures is suitable.

Website creation and promotion

If you know programming languages ​​and visual editors, you can start making money by creating websites and blogs, as well as promoting them. It is worth saying that creating a business card website can cost from 3 to 10 thousand Russian rubles. A personal blog can cost from 8 thousand rubles. Corporate websites and online stores are created at a price of 30 thousand rubles. Due to the fact that the services are relevant, you can find clients without any problems.

Courier delivery of goods

A relatively inexpensive option for starting a business is to start a courier service for delivering goods. To get started you will need a phone and a computer. Delivery can be carried out either independently or through the involvement of third parties.

How can a student start his own business
Picture: jetcourier.ca

The target audience on which the business will actually be built are online and offline stores, small organizations, and firms. Most often, they have a need for people who could deliver documentation and heavy parcels. With proper organization of the business, such activities are very profitable.

Animal walking business

This business idea will be relevant for those students who study in large populated areas. It’s no secret that the lifestyle of people living in big cities is very stressful and sometimes they don’t have enough time to fully walk their dog.

To solve the problem, these people seek help from those who are ready to take on the function of walking the animal. Most likely, you will have to walk the animals in the morning and evening. That is why business is quite easily combined with educational activities. To earn more, you can negotiate with other people who will be employees you have already hired.

SWOT analysis – identify the strengths and weaknesses of your business
SWOT analysis – identify the strengths and weaknesses of your business

You can find clients as follows:

  1. Personal contact with people who walk their animals.
  2. Searching for clients through social networks, message boards, etc.

Purchasing food

Surely, many of us have ever faced a situation where we needed to buy food for our neighbors or friends. You can also organize a business on this. In order for a business to find many clients, it is necessary to find a ready-made business plan with calculations for students.

When organizing such a business, you must be familiar with the area in which you plan to operate. Find out if there is a large supermarket nearby. Next, you need to place an advertisement for the provision of services. The more platforms you use to advertise your activities, the better. The cost of the services you will provide must cover employee salaries and travel expenses.

Tutoring and text translation services

Those people who are studying in senior years of universities can try their hand at providing private lessons. You can teach specialized subjects. If you are a future teacher, then one of the options for earning money could be preparing your child for school, for exams, the Unified State Examination, the Unified State Examination, for doing homework, and so on.

How can a student start his own business
Picture: usc.edu

Speaking about students of philological and translation specialties, they can start earning money by tutoring and providing translation services for articles and documents. There are benefits from such employment. You get both professional experience, a portfolio, and earnings.

Beauty business

It’s no secret that beauty services will always be in demand. That is why, as a student, you can earn money by creating hairstyles, doing makeup, and manicure services. Mastering a profession is not difficult. You just need to complete specialized courses. The most important thing in this area is responsibility and the desire to provide quality services.

Main mistakes when starting a business

When starting your own business as a student, common mistakes often occur. The main ones are:

  • Lack of idea. Without a clear idea of ​​what you will do, you will not succeed.
  • Lack of market analysis. You need to weigh the pros and cons of your chosen field of activity. Read more: Marketing research is the main assistant to business.
  • Lack of a business plan. Finding examples of business plans for students is not difficult. After spending a few hours on this, you will definitely be able to find a suitable option, which you just need to adjust to the conditions of your city.
  • Trivial laziness. If you take up a task, then do everything possible to implement it.