Nothing is surprising than earning a living and manage your expenses by yourself at a teenage. At this stage, you’re inspired by other great entrepreneurs and start thinking about building a business in college. You start looking for the best business ideas for college students as you’re that one.
However, you’ve lack experience and funds as well in order to run a profitable business. But you’ve much time to make mistakes and learn from them. And this leads you to be aware of future failures.
Related: Tips for Young Entrepreneurs
13 Best Business Ideas for College Students
Start your entrepreneurial journey today by following these thirteen innovative business ideas for college/university students. All of them require time, and if you’re sincere to yourself, your hard work will pay off.
1. Make a Living from Social Media.
The 21st century is the era of Influencers. There was a time when only celebrities used to get paid for advertising products on social media. But now, every person with some thousands of followers can make passive income by advertising brand’s products. Choose a profitable niche, find a relevant company to your industry, monetize your social accounts, and start earning high income every month.
2. Become a Blogger.
If you think you can write well about anything you know, blogging is the best path to follow your passion and make a living. To get started, follow these steps.
- Buy hosting and domain
- Set up your blog
- Write unique and genuine content
There are hundreds of methods to make money from a blog. However, showing ads to your site and affiliate marketing is most popular. You can also sell your own physical or e-products.
3. Open a YouTube Channel.
Becoming a YouTuber is the most lucrative way to make money for every college student. And it’s one of the easiest ways to generate enough cash to control your expenses on your own. Choose your preferred topic and make a YouTube channel on that.
Don’t choose any random niche–make sure it’s highly profitable, and you have a passion for that.
4. Self-Publish a Book.
If you’ve always something unique to tell people, you can write books and sell them to make some living. With the rise of e-books, it’s been easy for all who want to become an author to earn some decent amount of money. And the best part is that you don’t have to spend a single penny on that.
5. Become a Freelancer.
Freelancing means offering your skills to someone who needs them, and you get paid after providing that services. You can be a content writer, web developer, graphic designer, programmer, coder, SEO expert, video creator, translator, etc.
You can join Fiverr, Upwork, Freelancer, or any other freelancing site to get started now.
6. Start a Tutoring Service in Your Area.
Do you know, private tutors get paid up to $40/hour. Isn’t shocking? You can even become an online tutor to expand your tutoring business.
7. Start a Card Service.
You can create stunning birthday parties, anniversary, valentine, or any other gift cards and sell them to the other students of your college and make a good income.
8. Pet Sitting.
On average, a pet sitter in the USA earns up to $5/hour. It is one of the best side jobs to make some extra bucks. If you built a large group of clients, it could be your full-time business.
9. Flipping Websites.
You can earn some good money by flipping websites. To get started, buy a website, improves its ranking, do some SEO, and resell it after some months. In this way, website flippers make money. But but but, many people have ended up losing money, and it happens most of the time.
10. Photography Services.
Make your hobby of taking photos your passion. There are many individuals and businesses who are looking for your services. You can also sign up for premium photo-providing services and sell your photos there. I recommend you to join Freepik.
You can also click photos on special events like weddings, birthday parties, or any other events.
11. Food Delivery Services.
You can deliver food part-time to earn some good money. Many online food apps have come into the market, and they are hiring people to deliver other restaurant’s food to their eaters. You can join them and get started today.
12. Start a Bookkeeping Service.
Full-time bookkeeper earns nearly $30,000-$40,000/per year. If you can take care of other records, bookkeeping is one of the best business ideas for you as college students.
13. Baking Business.
Baking is one of the most profitable businesses today. And it does not require too much investment. Entrepreneur magazine notes that the average startup cost for a bakery is between $10,000 and $50,000. And you can earn between $1,500-$3,000 per month.
How can a college student start a Business?
In a nutshell, follow these steps:
- Choose the Best idea for your Startup
- Write a Perfect Business Plan
- Get the required Licenses
- Launch Your Business
- Make Growth Strategies
- Keep Making Changes in Your Business Based On Customer Feedback
Start your entrepreneurial journey now, and live the life you want. But don’t forget to follow other entrepreneurs to get inspired more and more.
Related: Habits of Successful Entrepreneurs