Are you a college student struggling with money? Thinking about starting a side business while still studying?
This thought would have seemed impossible a few years ago. Most students resort to working part-time jobs like a barista, librarian, retail store manager, driver, etc.
While these jobs pay well you don’t learn a lot about business and life in general. There are all sorts of entrepreneurial businesses a college student could start up.
In 2020, there are plenty of business opportunities online for you to explore and try out without investing too much. If you can get decent traffic to your website, social media profile, or YouTube channel, you could earn enough to pay for your college without worrying about student loans.
Here Are 5 Tips for Starting a Small Business While Still Studying in College
1) Learn How to Fix Iphones
Learning a skill that is both valuable and in-demand is the best way to start a business as a college student. To earn $40-$50 for half an hour of work, learn how to fix iPhones. Students usually don’t have the funds to purchase a new iPhone every time it stops working or gets damaged. You can learn how to fix an iPhone on a website like iFixit and get started within a couple of weeks.
2) Start Tutoring Online
Even if you are a junior in college, you can earn a decent amount by teaching people younger than you. There are plenty of kids who wish to learn subjects like English, Spanish, and German from a native speaker. Tutoring is easy and won’t consume too much of your precious time. You can easily make $20-$30 per hour. Besides, you can also offer to teach the same subject to your classmates.
3) Start a Seasonal Business
How about starting a seasonal business like opening an ice-cream shop for the summers? Most students have a lot of free time during summers. Running an ice-cream shop or some other temporary retail store can not only be a great opportunity to earn money but also learn some key business principles. Plus, if you live in a small town, there is a chance that people will be inclined to buy from you as you are still a student.
4) Provide Yard Service
Yard service is another great small business idea for a college student. You don’t need to be a lawn care expert. By investing a few bucks in equipment, you can get your Yard Service or Lawn Care business started right from today.
5) Improve Your Communication Skills
Lastly, before you dive into a small business, it is imperative to work a bit on your communication and articulation skills. To be a good business person, you must have the confidence to convey your message, express your emotions, and put out your opinions without feeling nervous or anxious. After getting your communication skills handled, you will notice people responding to you differently.
Conclusion
These are the 5 tips for starting a business while still in college. Making money in college in more of a skill than some innate ability that only a few are born with. I hope the tips mentioned in this post will help you start your business soon.