Entrepreneurship is all about doing what you love. For students all around the world, the opportunity to try a businesses idea from the comfort of their homes is too good to pass.
It is said that that there are 15 million home-based businesses. What this tells us is that students can try their luck and do the same. Considering that very few students have the time and money to do that, what better way to start your entrepreneurial career than with a home-based business.
So if that’s something that interests you, then you’re at the right place. With all that said, here is our list of the 5 businesses ideas students can try from home.
The wonderful thing about technology is that you can do anything you want from home. Not many would have guessed that you can run a print-on-demand business from home.
But luckily, you can. The way this business model works is quite straightforward. You, as the business owner, offer clients an opportunity to buy printed goods from you. Better yet, you offer designs for t-shirts, armbands, coffee mugs, hats, etc. and you sell them with your prints.
When starting a print-on-demand business from home, the most important thing is the designs. A good design will sell like hotcakes. Not only that, but you’ll also need to find a company that will print and ship the goods in your name.
They take a portion of the profits and cover their expenses. In this line of work, everyone wins. Most importantly, you can do it from the comfort of your home.
To succeed in this line of work, it’s best to focus on a niche and create designs for specific groups of people such as animal lovers, environmental activists, etc.
Online Tutoring Business
The opportunity to monetize your talent has never been more viable than now. With so many ways to do that, it’s only natural that students teach others what they’re good at.
Not only can they fetch a good buck for it, but tons of platforms like Udemy, Podia, Thinific, and many more eliminate the scaling issue that businesses face.
On these platforms, you can sign up as a course creator and create courses for thousands of people to buy. If you’re good at what you do and are looking at an online tutoring business, then you can even skip going with one of these platforms and launch your own.
That might not be the best way to approach this business model, as you’ll be lacking the exposure that these platforms have.
Digital Marketing Agency
What better way to monetize your social media skills than with a digital marketing agency. The term digital marketing can mean a lot of things. And what thing that it can mean is running someone else’s social media accounts.
This could be a person or a business. But the more accounts you manage, the more profits you’ll make. While managing social media accounts is just one way to make profits, there are tons of others. From launching and running social media campaigns to digital advertising, starting a digital marketing agency is a great business idea to try from home.
Not only that, but any digital business will work.
Buy An Already Established Business
If you happened to have money to invest, then a great way to invest them is to purchase another business. While chances are many of you won’t try this one, there might be some students out there with a bit of cash in the bank.
The reason why this is a viable business model is that you’re buying something that already sells. While it might be difficult to identify online businesses willing to sell, and even harder to make sure that they are indeed in good shape, it is still possible.
Sell Old and Unwanted Stuff
A brilliant business idea to try from home is to sell the stuff you don’t need. Not only that, but you can also sell stuff people don’t need. The reason why this business idea is good is that quite a lot of people would love to offload old and unwanted items.
This could be clothes, old toys, and anything else you’ll find at a garage sale. This business idea falls under the resale and reuse industry. And fortunately for you, the industry is on the rise. According to the Financial Times, the resale and reuse industry is worth a massive $23 billion.
As more merchandise sits in stores, that presents a unique opportunity for students worldwide to resell, reuse, and turn into an online business.