Does money make online from the comfort of your home sound interesting? For many people, including students, making money online would be an absolute dream come true. These are some of the best business ideas for students. And if they could find a suitable way to make money, they could earn their own pocket money, while still focusing on their studies.
Life as we may presume is not easy in academic years. Pressure to excel in studies, parents' pressure, stressful subjects, and social anxieties all contribute to the struggle during their formative years. On top of it, the financial aid that students receive from parents is limited. This is why an average Indian student`s life is highlighted by Maggie noodles and old-rugged jeans.
So, if you are a student and want to start making passive income along with your studies, then here is a piece of great news for you!
Read this article till the last line because we are going to reveal some of the most amazing money-making ideas for students that will hone their entrepreneurial skills.
- Love writing? Become a Freelance Writer
From maintaining daily journals to writing short paragraphs, if this is something that excites you and calms you down at the same time becoming a freelance writer is a good opportunity for you. Students tend to spend hours and hours writing for classes.
However, what if we tell you that there is one thing that most of the students don`t know about and in the absence of it, spend their academic years penniless? Well, you can get paid for writing high-quality articles in the real world.
It may sound too good to be true, but in their bit to reach out to as many people as it is possible, brands are always on the lookout for people with excellent writing skills to help communicate their brand message across a wider audience. Freelance writing is a wonderful money-making idea for students as it provides remote work, flexible hours, and more practice at a skill students already have.
- Start Tutoring
When you are studying, it not only provides you education and a certificate but also a vast reserve of knowledge to impart to share with other students, who are junior to you. If you are good at sharing knowledge and information with others, you start giving tuitions to your juniors.
All you have to do is to reach out to students and you will find out that there are good numbers of students who are struggling with subjects that you have already mastered. Teaching them will not only provide aid to juniors in studies but will also improve your hold on a subject, while also making a serious income on the side. If you are more creative, you can also take guidance from one of the best business coaches in India- Dr. Vivek Bindra.
- Consult for Businesses
Due to cut-throat competition and intense brand presence on all the social media platforms, there is a high demand for the youth perspective from consumer-centric brands. Companies today, not only want to know about the youth`s perspective, but also want to pave new pathways to reach out to them.
As a student, if you think you have the strategic perspective that aligns with the business requirement, then you can simply become a business consultant. All you need is a website and a business card; you can turn your knowledge into a profitable online business, and start helping brands to connect with young students.
- Start a company
Do you think you are too young to start a company? Well, if you have a million-dollar business idea, starting a company will be an easy task. Not sure about that?
Tilak Mehta,a 13-year old kid from Mumbai has started his own company- Paper and Parcels that delivers courier within the city on the same day. His USP—affordable price that is around 30-40% less than what premium companies may cost you. You can watch his full interview, right here.
The market is brimming with some of the business ideas for students, which can be implemented by students. Using you entrepreneurial approach and spirit, you can gain valuable experience from beginning your own company. You can also take full advantage of the resources that are available around you to build something that is profitable.
As the college grounds are ideal for budding companies and entrepreneurs, you can start your own company by using the high-density network, and access to younger customers with good purchasing power.
- Social Media Influencer
Are you good at expressing your ideas that might influence others and help them in day-to-day challenges? Do you think you have the best clothing style? Or do you have culinary tips to share with people? If, the answer is yes, and you love to spend time on social media you can become a social media influencer.
All you need is a considerable number of followers on your profile and a clear understanding of what the audiences like to watch and want. You can get paid by brands to run social media accounts for companies. This is one of the best money making ideas for students that can help them earn much more than just their pocket money.
If you are a student and want to open new revenue gates, you can try some or all of the business ideas that we have mentioned above. You can also listen to some of the best business coaches in India like Dr. Vivek Bindra to get more brilliant ideas.