Business Ideas for University Students to Consider For Supplemental Income

Aug 20, 2021 · 5 mins read
Business Ideas for University Students to Consider For Supplemental Income
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If you are attending college in 2021, here are 10 business ideas to generate income while you continue your studies.

Combining a job with fixed hours while you study can be particularly difficult. Instead, starting your own business can help you generate extra income by allowing you to manage your time more effectively and according to your circumstances.

You can start putting what you learn into practice now. It will allow you to generate income and experience that will lead you to acquire new skills and abilities in your work and personal life.

These are the 12 business opportunities or ideas for you who are a college student in this 2021:

Package delivery and ordering:

Starting a home delivery service can be an excellent source of extra income. Consider creating a website where you can promote yourself or use simple platforms. Keep all receipts and add 20% of the total purchase to your remuneration. You can also make yourself known through social media.

Accountant:

You don’t need to be a professional accountant to be an accountant. According to Ben Robinson, a certified accountant can certainly be helpful, although sometimes you don’t need an expert.

If you know your way around computers and associated software, and you’re dealing with real life, maybe this is for you. You can start by offering your services to your fellow students.

Compared to accounting firms, you can offer more supportive prices. The more experience you have, the more you can charge.

Resume Generator:

Employers are becoming more and more competitive. Therefore having a good resume has become indispensable, especially for a college student. The most important thing is that the resumes are impeccable. Find out how to make them well using the internet. Get advice on the average prices in the market and establish a minimum price to start with.

Event organizer or promoter:

During his college career, Alex Sanchez co-founded Edgework Entertainment, a company dedicated to organizing and promoting events.

Sanchez noticed the high demand for college events. That’s why he decided to create a network with musicians, business owners and entertainment people. Everyone was a winner, since everyone contributed their services and at the same time promoted themselves.

You will need to have communication and organizational skills, as well as business, marketing and financial notions to organize events.

Cleaning services:

This job can fit into your busy schedule. Take Kristen Hadeed, for example, who at the age of 21 posted her cleaning services on social media. Over time, she built a network that later became a company, the largest of its kind in the U.S.: Student Maid. Kristen reveals the success of her beginnings: simplicity; then everything will flow. Honesty was also vitally important, as it promotes you.

Avoid making the initial cost of your venture too high. Swap commercial cleaners for natural, homemade formulas. You can even offer your services to college dorms. Remember the price may vary according to the tasks you have to perform and the space to be cleaned.

E-commerce:

The fastest growing business for college students in recent years. E-commerce has become one of the most used ways to buy and sell in the world, offering great opportunities for entrepreneurs.

Although it is not a new business idea and is used worldwide, it continues to provide opportunities for new merchants. It is very profitable, and needs no investment.

You can even start by promoting some service with the goal of saving enough to buy items that you can later resell in the area.

Social media management:

The reach of networks has allowed a new world to open up in the commercial area. Those who are studying Social Communication, Marketing, Advertising, Public Relations, Public Relations, Administration or Graphic Design can enter the world of digital marketing.

It is a very dynamic activity that requires you to continually update your knowledge to take advantage of online platforms and maintain good communication between the public and the brand.

It is important that you limit your market to a specific area. For example, you can choose the field of health, finance, commerce, recreation, tourism, arts, education, or any other that is required in the market.

No investment is required, but a good command of the digital area. That is why at the beginning you will be able to work independently. Later, when you have a list of clients and a personal portfolio, you can create your own digital advertising agency if you wish.

Catalog sales:

One of the most traditional businesses out there. Generally you will not need to make any investment, and it is ideal for those who do not have work experience. However, you will earn on commission, so it is important that you know the quality of the product and the demand for it before selling.

Teaching languages virtually:

Language courses are in high demand. If you are studying a language, this business is for you. The investment is almost zero, since you basically need internet and applications like Zoom, and the profits can be very good.

Tutor:

You can use the knowledge you have in some subject to help those who have difficulties to master it. You can also tutor students or even children. You can help yourself with social media to get attention.

Moving service:

There will always be people moving, so you will always have clients. With the help of some friends you could turn this venture into a business, like Bellhops, a student moving service already across the U.S.

Babysitting:

You can make your time available to babysit at night or pick them up from school. There will always be someone looking for this service, so there is no shortage of opportunities. Of course, this job is a big responsibility, so it’s important to be prepared for it. Your rates will depend on the area, time and number of children.


This post is also available in Spanish.