Let’s discuss a few entrepreneurship ideas for students that will benefit you now and even later. Don’t worry. This can also be very helpful, even though you’re not a student. Before you continue, you can also read our initial post on Best loan apps for Nigeria without Bvn.
Business ideas for students in university and other higher institutions.
If you don’t want to be among the broke students, then you will have to get something done. These days, you no longer have excuses for not being able to work as a student. This is a digital era where you can do anything from your home from your mobile phone or computer.
There are many profitable businesses and entrepreneurship ideas for students such as:
- Mobile car washing services
- Fitness training and coach
- Dropping Business
- Event Planning
- E-Commerce stores
- App development
- Freelance writing
- Social media management
Each of these ideas can make a long article, so we are only going to discuss online classes and blogging as a business to keep this article short while we discuss the rest in our next post.
Entrepreneurship ideas for students in Nigeria with low investment
Note: All of these can be done with your mobile phone, provided it has internet access.
-
Online classes/courses
If you’re desperately searching for business ideas for students in universities and other high institutions, online courses are one of the best.
Trust me, there’s that one thing that you have learned even before going to school. Other people are also willing to learn and acquire knowledge in this same field.
Starting an online course is a very creative and lucrative venture, but you must know how to do it perfectly, either as a business or just for the sake of sharing knowledge. This time around, we are on the business side. And that’s what we are discussing.
So here are few steps to consider.
-
Know Your Subject or Niche:
This is the beginning of the deal. Your niche will either make or break your business, and that’s why you should always choose a niche that’s high in demand.
A niche is simply the area of your concentration. The skill you have learned and master. It can be from any field, and provided students can find interest and the niche is marketable, you’re good to go. If you still don’t understand what a niche means, you can do research on finding the best and most profitable niches.
Even if you don’t know anything about your desired niche, you can take online courses. These are your basis of preparation before becoming a coach. Let’s assume you learned Cartoon and animation making. Without being told, a lot of students will be glad to gain this knowledge at an affordable cost, and that’s where the business comes in.
Like I’ve said earlier, your niche will either boost or slow your business. Be wise and strategic when choosing a niche.
-
Outline Your Course:
Now that you have mastered a skill, the next thing is to create course content. Write detailed articles outlining all the benefits of your course.
This is very important because a great sales page is needed for easy marketing. If you don’t know how to write in a way that will convince and compell your audience to patronize your business, you can decide to hire a professional.
If you want to make your course in video formats or pdf, always make sure they are very precise and easy to understand. You may be wondering why you should care about this when the customer has already paid for the product.
You are focusing on satisfying your customers because you are likely to market more products to them in the near future. If they are not satisfied with your first product, there’s no way they’re going to return for more.
Breakdown and organize your course in a professional manner. Simplicity is what every buyer needs. Many of your customers are not very technical. You should understand that.
-
Choose a platform:
For you to publish your courses online, you need to choose a platform where the course outline and materials can be shared for easy access.
There are many platforms that offer such space, and one of the best is udemy. This platform allows you to share your courses for people to buy. There are many more online stores out there where you can create and sell your courses.
You can also create your own business website. WordPress plugins like LearnDash will offer you a good dashboard for online courses.
After organizing your content, you also need to setup a preferred payment method that will suit your audience. Don’t forget to test your pages to be sure everything, including the payment system, is properly installed before launching.
-
Promote your course:
No one will know even if you have the best courses without promotion. These days, there are many strategies and methods through which you can promote products online.
The use of social media cannot be underestimated in this instance. You need to utilize your TikTok, Facebook, Twitter, etc. for leads and traffic generation.
-
Blogging and content creation
Indeed, blogging is one of the best entrepreneurship ideas for students at any level. You don’t need an office to get started. All you need is your mobile phone and internet connection.
If you have learned how to create and grow a blog, congratulations, because this one is actually very profitable. Content creation is something everyone knows, but there are many approaches that can make you successful. These are the secrets you can also turn into marketable courses in regards to our number one list.
Blogging is a very broad topic on its own, but here’s the breakdown in case you have not learned yet.
-
Find a nice:
The first step to getting started as a blogger is to find a blogging niche and understand your audience. There are too many lucrative blogging niche. Don’t make mistakes as a beginner.
Understanding your audience will allow you to create more content around their area of interest. That’s one good way to grow your audience and succeed easily in blogging, irrespective of your niche.
-
Setup a blog:
Now that you know what exactly you want to blog about, the next thing is to setup your domain name and hosting and then design your website.
You can get started with the Blogger or WordPress platform, which is recommended for many reasons.
However, we always recommend you start your blog on a paid platform if you already know what you are doing. This will save you a lot of time and stress in the future.
If you don’t know how to setup a blog, you can hire a web designer. Describe your niche idea, and they will build your blog perfectly. If you’re on a low budget, don’t hire expensive designers. If you have all the time, you can even do it yourself by learning from YouTube.
-
Start creating contents:
Now that your website is ready, the next thing is to start making contents, as many as possible, because you need traffic to your new blog, and the best way to archive that is by regularly creating contents.
Since you’re just a starter, you may not know how to write great contents. But trust me, there are hundreds of contents online that’s talking about article writing. You can start reading them and also watching YouTube videos to improve your skills.
Mind you, there are many more things you need to also learn when it comes to creating articles for a blog. It’s not all about writing. You need to understand search engine optimization, which is the ability to write posts that will rank on Google and other search engines.
This includes writing quality articles, using media correctly in your posts, consistently publishing new blog posts, and other optimization techniques that are necessary.
-
Promote your blog:
The next thing is to start promoting your blog. After creating some articles. There’s a need for more people to know about your website. This is where the success begins.
There are many ways through which a blog can be promoted. You can do it by posting regularly and sharing your posts to your social media handles, collaboration with other bloggers and influencers, guest posting, email marketing, etc.
The more you push the promotion, the more audience you’re able to reach. While you do all this, your posts will also start driving traffic from Google in no time.
-
Monetize your blog:
The main aim from the beginning was to make blogging a business. After creating your blog and loading it with enough valuable posts, if your blog has started driving traffic, you can then start thinking of monetization.
Monetization is the ability for your website to generate revenues through ads and other available methods.
You can monetize your website in many ways, such as through affiliate marketing, sponsorship posts, advertisements, selling digital products, membership subscriptions, etc.
What is the best business idea for students?
There’s absolutely no business that’s best. It all depends on your approach to whichever business you choose to explore. However, you shouldn’t forget some of the important keys to business success, which are:
- Clear vision and mission
- Customer Focus
- Effective leadership
- Financial management
- Efficiency and effectiveness
- innovation and creativity.
- Strategic partnership
- Effective branding and marketing
All of these available business ideas for students with low investments can still be of great help even when you’re done with school. Remember, the whole thing still revolves around getting an online skill.
In real life I own a skincare store and trust me, There’s a lot of experience over the years both personally and from customers reviews and that’s exactly what motivated me to starting this blog. To educate more people in this regard and create awareness about many underrated products which are very active.