50 percent of the millennials are planning to start their own businesses in the coming 3 years. To be an entrepreneur, you don’t necessarily have to be based in Silicon Valley. College students and recent grads all over the world are experiencing the startup fever.
When I was in college, my friends and I used to talk about starting our own business almost every other day. We finally agreed on the fact that before launching our startup, we need the right skills. Not all of us could afford to sign up for digital courses. So we just made use of my WOW Internet service for learning new skills from YouTube and online course sites such as Lynda and Udemy. Still, we couldn’t decide what to do which I’m sure must be the case with most of you out there. Don’t worry, help is here!
How to Come Up With a Business Idea?
Some of us would love to start a business but we are missing a business idea. If this sounds familiar, these tips will help you come up with a selling idea:
- Identify a need or a want. What are the obstacles people face every day and how you can overcome them?
- If you could invent a product/service that can make life safer, better, easier or cheaper what would it be?
- What is it that you love doing? Nothing could be better than starting with that idea.
- Business ventures that could support your future also sound good.
5 Startup Ideas to Begin With
If all fails, these are the startup ideas colleges students can begin with:
1: Become a Tutor
There are pretty good chances you pull your weight in at least one subject. It could be chemistry, geology, history or even essay writing. Whatever it is, why not cash on that?
Some of us are great at SATs and there are tons of students out there struggling to pass this exam. Offer your tutoring services to such students and earn some extra cash with it.
You can also apply and register as a tutor at your own college. Talk to your professors and ask them to spread the word.
Depending on the subject, you can charge between $10 and $100 per hour per subject. The prices might vary as per your location too.
2: Start Writing Resumes
Everyone needs help with writing awesome resumes. Whether it’s a college student applying for a job for the first time or a well-experienced individual, all need expert help to organize their resumes.
A resume can make or break your chances of getting your dream job. To start this business, you need to be sure you can create impeccable resumes. For that, visit the career counseling center on your college campus to learn about resume writing. You can also use the Internet to learn about different types of resumes and formatting tools for creating resumes.
You should charge per resume instead of setting an hourly rate for the job. Since this job is very demanding and accuracy is expected, this business can bring you lots of dollars.
3: Become an Event Photographer
If you have a DSLR camera and sharp photography skills, take photography as a profession. What can be better than turning what you love doing into a business?
You can choose to work with a specific audience like families, couples or kids. Or, you could cover weddings, birthday parties, and corporate events.
Professional photographers can earn $22.68 per hour for their work. Why not create cheaper photography packages to attract the audience in the beginning? Keep in mind a DSLR won’t be enough. You will need equipment such as lighting and maybe even some props.
4: Offer Voiceover Services
If your speech is great and you have excellent diction, use it to offer voiceover services and earn extra income. To get started, you simply have to google voiceover outsourcing jobs. You will come across lots of them. Read the description and start applying to the jobs that you think you can work on. Sign up with advertising companies. They need voiceover artists time after time.
5: Video Editing Services
This is another profitable business college students can start and handle with their ongoing studies. It’s the era of social media and every other business needs to post video material. You can learn a few popular video editing software and start offering video editing services.
You can start this business from the comfort of your college dorm room as well. All you need is a laptop, Internet access, and video editing software.
Conclusion
After choosing one of the most affordable WOW bundle deals, my friends and I made a list of skills we needed to acquire to launch our business. We learned most of them from the Internet.
Stop worrying about ideas and resources if you wish to start a business. If you want to become an entrepreneur, you need to start somewhere. Why not take the lead with these ideas?
