Small business ideas for student

First Business: Tips for Students Starting a Business

How early did you start making money? We figured out where a student should start if he wants to start his own business. Five simple but important tips - share them with young business people.

It's never too early to start earning money on your own. Suffice it to recall that large companies and startups - Facebook, Reddit, Microsoft - were created by students. If you are still studying, but are eager to start a business, do not get lost. Right now. You have a lot of strength, energy and enthusiasm. Your parents, friends and even the state are ready to support you. There is a program specially for students that helps to start their own business.

Here are 5 tips for aspiring entrepreneurs who are still learning, but are ready to plunge headlong into the adult world of business.

The idea is important, but the calculations are even more important

You are young and enthusiastic. Come up with an innovative idea or find a way to improve on a familiar process. Before starting the case, answer the questions:

Who needs my product?
Why is it better than analogues?
How much should it cost?
What resources are needed to create it? Where to get raw materials and supplies?
How many people have to work on it?
How to bring the product to market?
How to sell? How much income do I plan to receive and how soon?

If you carefully analyze all the factors, the chances of failure are lower. Confident in the idea - make a business plan. One cannot do without it in order to obtain investment: no one will agree to finance an idea that is not backed up by careful calculations.

Use your student status

If you want to take out a loan to start a business in a bank, you will face a problem: almost no one gives loans to people under 23 years old. An alternative can be a credit card or a loan secured by an apartment, car.

One of the few chances to get a loan for business development is participation in government programs. The project "Youth business" is operating in Russia. Each person from 18 to 30 years old can get a loan for business development up to 300 thousand rubles on favorable terms (without collateral, surety, when providing a business plan). Under the same program, you can get a free training course or consultation with a mentor. Register here.

The years of study at a higher educational institution remain one of the most vivid memories in a person's life. These five years contain such a host of events like no other period of life. The young man feels quite independent and confident in his abilities. He wants to try himself in all spheres of "adult" life, acquire a new store of knowledge, master professional skills, assert his place in society, build personal relationships and make bosom friends.

Student life gives so much romance and adventure, new discoveries and bitter disappointments, scientific achievements and sleepless nights during the session that songs and anecdotes are written about it. Quite a few funny stories from student days are devoted to the notorious poverty of the poor "martyrs of science", and jokes about student meals have long become classics of the humorous genre.

How can you fully enjoy all the pleasures of student life and take advantage of all its offers? But these are fun trips to nature, and travel around the world, and the opportunity to go on an internship at a foreign university, and noisy discos, and fashionable clothes, and sentimental gifts for your loved one! Is it possible to ask for money from parents, who pay for tuition, and for renting an apartment or paying for utilities in a hostel, allocate money, and supply their dear child, conquering scientific heights, with food.

You can get a part-time job as a waiter, bartender, night watchman or loader. But this work is not paid so generously, and the work schedule is not always convenient for combining it with attending lectures and seminars.

There is only one way out - to create a business for a student that allows you to earn a certain amount, while not distracting from the main activity - study.

Ideas, ideas, ideas ...

Use the "gray cells" as advised by Hercule Poirot.

By the way, students always come up with the most interesting and non-standard business ideas. Young people already have a sufficient amount of the necessary theoretical knowledge, have some life experience, but their thinking has not yet been bound by generally accepted clichés, they are full of enthusiasm and fearless.

In the case when your IQ level is above average, and you are in a society of the same smart people and "nerds", that is, cool specialists in any field of science, you can use the experience of Australian students. They launched an Internet resource called Solving Problems While You Sleep. The essence of the work of this site is that anyone can formulate a question that interests him. For a certain reward, a group of international smart students thinks over a solution to this problem during one night and gives options for a way out of this situation and a specific plan of action.

The methods of earning money with the help of intellect include writing term papers and diploma works to order, making drawings and developing technical specifications, translation of foreign texts. Such a business implies excellent knowledge of academic material, punctuality and accuracy in the implementation of the task. It is enough to place flyers with advertisements in the classrooms and corridors of the educational institution, and the first clients will not be long in coming.

There is only one way out - to create a business for a student that allows you to earn a certain amount, while not distracting from your main activity - study.

Ideas, ideas, ideas ...

Use the "gray cells" as advised by Hercule Poirot.

But if you are not sure about the depth of your knowledge, you can offer computer typing services. All you need to do is have a PC and master the skills of fast typing.

The classic student business is tutoring. You can give private lessons to children in the discipline in which you are strong. If, for some reason, this activity is not suitable for you, you can earn extra money as a nanny who looks after the child for several hours a day, picks him up from school or kindergarten, takes him for a walk, and helps to complete simple homework.

Beauty Ideas

Students, especially those who study full-time at an institute or university, find it difficult to find work. The search and subsequent work is hampered by the schedule, which often does not coincide with the lectures and classes at the university.

Young people also need money. It becomes embarrassing to live on the parents' funds, and sometimes it is simply impossible. In such a situation, there is nothing left but how to come up with a business idea for a student. How to open a business for a student, we will consider in the article.

What are business ideas for students?

Many of them depend on the following metrics:

Professional training of a student - what kind of activity does he or does he plan to do? The directions that can be implemented to earn money depend on this. For example, if a student is studying at the Faculty of Foreign Languages, you can open your own translation bureau, become a foreign language tutor for schoolchildren or simply those who want to learn the language.
The student lives with his parents or in a hostel. In many areas of business, word of mouth is the best engine and advertisement. People begin to advise each other of a good specialist and, thus, new orders appear. In the hostel, you can easily find your target audience.
Previous experience. It is possible that the student already had experience in a certain field of activity or work and already possesses certain skills and abilities. For example, a student deals with computer activities and has done many repairs to the computers of his friends or relatives in the past.
Presence or absence of start-up capital. There are ideas that can be implemented without start-up capital or with little investment, but it will only be better if there is a certain amount of money in stock that can be spent on developing your business.
Free time. This item influences the choice of a niche activity. Different types of business take different amounts of time. Students also study in different ways. Someone spends a lot of time on training, and someone manages to do everything necessary twice as fast.

The choice of the activity a student will be engaged in largely depends on the purpose of creating a business. A business can be built already taking into account the future development prospects, or it can be part-time.

In this regard, earnings can be based on opening a company that sells its goods or services on the market, or it can be in the nature of a private freelancer performing the role of a tutor or executor of a certain task.

Choose a field that will not interfere with your studies and is of interest to you.

Setting up and maintaining modern gadgets

Users are not always able to properly maintain their devices, configure them, much less repair them.

A student, depending on his skills, can determine the list of services himself.

Like any social class of people, college students need finance. Money is like water, they are constantly in short supply. And for people attending educational institutions, additional expenses are added to the usual expenses (food, travel, buying clothes, household appliances, medicines, etc.).

These include the purchase of teaching aids, payment for a dormitory, printing of abstracts, settlement and graphic works, payment for the services of the provider and the mobile operator. In addition, we do not discount the fact that young people have cultural needs and entertainment.

Therefore, the question: "What is business for students?" was and remains very relevant.

What business ideas are suitable for students?

It's no news to anyone that most students have to find time both to study and to earn money.

Scholarships to meet all needs are naturally in short supply, as the government does not fund enough students. It is possible to provide a more or less decent life due to material assistance from parents and part-time jobs.

Based on the results of a study by the student portal Career. u, it turned out that in 2021 71% of Russian students were looking for work, including various types of business. It was possible to combine thanks to the shift and evening schedule. At the same time, labor activity, in most cases, was not in the specialty.

And if university teachers are less loyal to the need for students to look for a source of income, employers, as a rule, are in the position of young people.

The picture is approximately the same in the regions. Let's take Novosibirsk, for example. More than half of the students (55%) of one of the largest Russian cities in terms of population are trying, in addition to getting an education, to find themselves in some kind of business and earnings niche.

The bulk of young specialists are engaged in sales, a little less devote themselves to the field of personal services. An insignificant share of students goes to the industry, science.

The above information allows us to highlight several criteria that must be met by various business areas for students.

They should be considered before starting your own business:

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