Profitable Business Ideas While Studying with Minimal Investment

May 12, 2022
Photo by Mikael Kristenson on Unsplash

Students are actively searching for business opportunities to earn extra income. The main constraint they have is lacking financial resources. Competing with larger brands with vast experience poses another challenge for students.

Finding a business idea that does not need much investment seems like a fairy-tale to some students. Students can start profitable businesses while studying with minimal investments. The main thing is that your business does not come at the expense of your studies. This is where My Paper Done will come in handy. Entrust part of your homework and not only to professionals and calmly think about business development. Here are some profitable ideas that students can tap into.

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Selling crafts online

If you are good with your hands, there are plenty of opportunities that are available. Some students spend their spare time knitting, crocheting, or creating other types of crafts.

Once they are ready, these crafts can be put to market online on platforms like Etsy. This business idea does not require much startup capital since you might already have some of the equipment for crafting. Schedule some time aside to take this hobby more seriously instead of doing it casually.

Delivery services

Taxi e-hailing service providers like Uber are expanding to other markets, such as delivery services. If you have a car, consider signing up as a delivery man for some extra cash. This is one of the college business ideas that need students to sacrifice more time for this business to be profitable.

Although it is one of the easy businesses, it might require students to get paper writers for hire on StudyClerk to help them academically. As one of the high-profit business ideas for students, delivery services can help fund your studies and have plenty of cash left to hire writers. Professional writers can write different types of papers. This allows you to focus on this business while your assignments are being taken care of. All that you need to do is choose a writing service and free up more time for profiting from delivering parcels and food.

Personal training

Fitness and health are buzzing topics in some colleges. Students that are in colleges with an athletic spirit can become personal trainers. If you are in good shape and feel comfortable helping other students become fit, this might be your best bet.

The best part is that students that get into personal training can schedule their sessions in groups. Instead of training individuals, they can have multiple group sessions, which allows them to focus on their studies as well.

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Dropshipping online

The most common excuse for students shying away from e-commerce is that they do not have the money to stock up on products. This is no longer a problem because students can start online shops and have access to a wide variety of products without stocking up.

Instead, students can leverage dropshipping to fulfill the sales on their e-commerce platform. Dropshipping requires minimal initial investments and can be started with just less than $100.

Tap into the beauty industry

The beauty industry is one of the easiest markets to tap into. At the same time, there is a wide variety of niches and subsectors within this industry. Depending on your skills and preference, you can choose between various options.

For example, students can choose to start a nail bar or offer full make-up services. Alternatively, students can opt for hairdressing or other available options. This industry does not require significant startup capital, depending on the niche you choose.

Social media management

There is a sharp increase in the number of brands using social media to reach customers. Most of these customers are students, and this puts you in a better position to message marketing material for brands targeting college populations.

Brand yourself as a social media manager and propose the idea of managing professional pages and producing great content for other brands. After getting clientele, you can focus on growing yourself as a social media manager.

Affiliate marketing

Students are not actively participating in affiliate marketing. This creates a gap between product retailers and student customers. You can leverage your connection with other students to establish yourself as an affiliate marketer.

There are several affiliate marketing programs available, and one of the most profitable is from Amazon. You can make a considerable profit from affiliate marketing. All that the students need to do is pick a niche and start marketing on YouTube, blogs, and/or social media.

Conclusion

Students are in a unique position of being part of a community that has increasing buying power compounding each year. As a student, you can leverage this opportunity to make some extra income now and potentially establish a career for the future. There are various business ideas that students can take advantage of. These range from providing tangible products like crafts to services such as delivering parcels and food. The best part is that these profitable business ideas require little to no money when starting up.

Author’s Bio

Judy Nelson writes for a content marketing agency and also for a freelance essay writing service. She’s versatile and covers various subjects with great ease, including science and technology, mathematics and some engineering subjects. Her free time is for posting food videos on social media, learning to play musical instruments and reading motivational books.

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