If you are a student reading this, the fact is that you can establish a side business while still being a full-time student and maintain decent marks. I’ll show you 15 profitable small business ideas that will ensure you have a steady income while in school.
15 Business Ideas for Students
Dropshipping is a business whereby someone sells a product on behalf of the manufacturer or wholesaler to get a commission.
Dropshipping is a successful business strategy right now, and it will continue to be so soon. You can perform every part of this business from the comfort of your own home, thanks to the internet.
You’ll need a smartphone or computer and internet access to get started with this business. Also, you’ll need to be familiar with websites such as Aliexpress and Amazon. Also, you will need to learn how to create a Facebook page and set up an online store on your Facebook page.
2. Baking cakes and pastries
University students enjoy putting on a show for their birthdays, and while many won’t go to the trouble of throwing a lavish party, a birthday cake is always welcome. You’ll need to enroll in a tutorial class to learn how to prepare cakes and pastries. You can search for catering courses in Udemy to get started.
3. Organize Tutorial Classes
In your faculty, you can hold tutorials online and offline for students in lower classes.
Some courses are notoriously difficult to understand, and students who are taking them will gladly pay someone to teach them the material.
During those days in school, I held web design lectures for my classmates, who paid me $20 each for the duration of the course.
Another option is to charge $30 for each lesson you organize, which would net you $300 for the day if 10 people showed up.
To have a tutorial, first, choose a location within the school, and then notify the course representative, who will inform the class of the next tutorial session.
4. Content Writing
You might work as a content writer for blogs and websites if you have a knack for writing. If you start working for foreign sites or join platforms like Fiverr, Upwork, and Freelancer, you can earn a lot of money.
You’ll need a reliable laptop and internet connection to get started as a freelancer. If you don’t have a laptop, this should cost you less than $300 to get a portable laptop and if you have, it should cost you nothing.
5. Hairdressing business
Ladies are always looking for new methods to style their hair, and you’re more likely to receive customers every day if you work in a school setting. However, depending on how nice you want your business to look, starting a hairdressing business might cost low. All you need to do is have your hairdressing tools.
6. Graphic Design
If you have creative design skills, you may make a lot of money making flyers and posters for events and occasions. You can also work as a freelancer and sell your services on sites like Fiverr.
7. Affiliate Marketing
Affiliate marketing is comparable to dropshipping, however, it is a less expensive business opportunity. You will not be required to construct a website, and you will be able to earn money without having to ensure that the goods are delivered to the consumer.
8. On-campus delivery service
Many delivery services have been formed to transport items, packages, and food throughout cities; however, it is only a few that deliver on campus.
A professor may require the delivery of a suit from the school dry cleaner to the lecture hall.
Alternatively, a group of students may require food to be delivered from the cafeteria to their rooms. They’ll have more time to study if they save time.
Another side hustle for students could be this. You’d simply need a bike, a sturdy bag to transport your belongings, and possibly a GPS if the school was huge.
If you wanted to take this business idea outside your college, it would be simple to expand it to other schools.
9. Ushering Services
Join an ushering club or start your own if you are capable of sharing food, beverages, and ensuring that an event has a flavor of service.
Birthday parties, orientation grounds, dinner nights, get-togethers, meet-ups, and other events require ushering agents. Create a brand name for your service, such as “Exclusive Ushers,” design a logo, create an Instagram and Facebook company page, and begin promoting it.
Tell people about your service and even offer a commission to anyone who refers work to you; this will get people to promote your company for you. However, make sure you provide excellent service.
10. Web Development/Design
Do you know how to make websites? If so, sign up for Fiverr or Upwork and start building your portfolio. If you’re exceptionally good, you can earn up to 100 USD per task (about $58,000). Meet small company owners and, for a fee, assist them in moving their firms online.
Do you realize you can make a lot of money with this? Start bringing your camera to lectures if you have one. Take photos of people in the class, at rallies, or during any other activity.
Take random photographs of people. Let’s say someone is leaving a lecture hall or school gate, offer them a shot and show them, and some of them may request a printed copy because these are recollections.
You can even do this after the service has been completed at church. Now that you know this, get out there and make some cool cash.
When it comes to parties or birthday picture shoots, ladies love to slay. If you’re good with make-up, this might be a good source of cash for you. For a student make-up job, you can charge anywhere between $20 to$50.
You can also earn money by teaching other students how to apply make-up.
13. Sales of Mobile Phone Accessories
Selling mobile phone accessories is a very profitable business.
Owners of mobile phones are likely to require one or two phone accessories from time to time. It can’t be a bad idea to sell cellphone accessories.
Hence with this business, you can easily start an online phone importation business.
14. Mobile Food Business
Have you ever wondered why Nigerians are known as the strongest in Africa?
Food is a basic human requirement.
Food is one of the basic needs of men regardless of personality. As a result, the food industry will never go down.
The majority of people, particularly single men don’t have time to make meals daily as they’re busy with work and career.
This is when a mobile food deliverer service is required. The meal could be delivered to the hostel, workplace, or any location designated by the food deliverer.
As a mobile food vendor, aim to stand out as much as possible by focusing on a niche and growing it.
Customers will return and even suggest you to others if you provide excellent service.
Because individuals throughout Nigeria and the world have a basic need for clothing, the fashion industry is a powerful sector that will always be thriving in any economy.
As a result, opening your boutique is a rewarding business venture in Nigeria.
Aside from this requirement, fashion is constantly changing due to the vast and varied interest in styles and desires.
Starting a clothes boutique business in Nigeria can be lucrative, especially if you focus on women’s fashion.
Ladies adore fashion and styles, so it’s not an exaggeration to claim that this is a business that will pique your attention and be enjoyable to grow as you progress.
Having a successful business as a student in Nigeria depends on the individual. In other words, it is what goes well with you that matters.
Firstly, you should consider important factors like location and market demand.
We hope that this list of business ideas helps you make cool cash as you continue studying and aiming for good grades.