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Slaky12
Knowledge Seeker
Asked: 2023-08-14T14:21:23+00:00 In:

How to do good business as a student

  • Running a successful business as a good student requires careful planning and time management. Like choosing the right idea, create a business plan, managing you time

    These few things will help you and growth your business as a a student

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4 Answers

  1. Lens
    Knowledge Seeker

    There are some  businesses that are not time-consuming and are good for the student. I would recommend strongly for students to engage in cryptocurrency form of investment. This type of investment would give the student opportunity to also study and it can also boost your knowledge in financial markRead more

    There are some  businesses that are not time-consuming and are good for the student. I would recommend strongly for students to engage in cryptocurrency form of investment. This type of investment would give the student opportunity to also study and it can also boost your knowledge in financial markets as well.  If the student could carryout fundamental and technical analysis, it will be an added advantage.

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  3. deucher
    Active Contributor

    If you have already decided to become a student, then it is best to spend all your time studying to learn the most profound things in your field, but if you are already a student planning to start a business, then you need to choose such niches that do not require a lot of time. For example, at oneRead more

    If you have already decided to become a student, then it is best to spend all your time studying to learn the most profound things in your field, but if you are already a student planning to start a business, then you need to choose such niches that do not require a lot of time. For example, at one time I tried to resell goods, it is possible and not called a business, but I earned decent amounts. Also, I started a business cleaning office premises, and it is not very difficult and does not require a lot of time, because the niche is very busy and there is a lot of competition, so there will be few orders and you will spend a minimum of free time on this, but you will also earn enough to live

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  4. yusra
    Trusted Adviser

    Here are some tips for students to successfully run a business while in school: Choose a business idea that fits with your skills, interests and schedule. Consider products or services with low startup costs. Research demand for your offering and be sure there is a target market, especially locallyRead more

    Here are some tips for students to successfully run a business while in school:

    • Choose a business idea that fits with your skills, interests and schedule. Consider products or services with low startup costs.
    • Research demand for your offering and be sure there is a target market, especially locally near your school.
    • Handle legal aspects like registering your business name, obtaining permits, reporting taxes.
    • Create a basic business plan outlining your product/service offerings, operations, marketing strategy, and financial projections.
    • Be disciplined in tracking income and expenses, managing cashflow, and financial record keeping. Use accounting software.
    • Leverage skills like social media, writing, web design, or photography you already have for marketing and operations.
    • Start by marketing to friends, family, classmates, local community to test demand before expanding your customer base.
    • Be prepared to work on your business outside of the hours spent on classes and schoolwork. Schedule blocks of business time.
    • Minimize costs and risks by starting small, slowly expanding your inventory, equipment, supplies based on sales.
    • Consider opportunities to sell on school campus such as snacks, beverages, printing services, etc. if rules permit.
    • Make use of campus resources and networks for guidance, customers, marketing, funding opportunities if available.
    • Show dedication, passion, and a vision. Use the business experience to build skills and put into practice classroom concepts.
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  6. Mike Smith
    Knowledge Seeker

    Being able to do business as a student can obviously be achieved only if you plan and critically observe what exactly other students would love to patronize. I could remember vividly back in my school days where other students would sell snacks and student stationeries in the classrooms and this isRead more

    Being able to do business as a student can obviously be achieved only if you plan and critically observe what exactly other students would love to patronize. I could remember vividly back in my school days where other students would sell snacks and student stationeries in the classrooms and this is because they have observative attitude to know what exactly other students would love. As a student you can take advantage of your school premises to start a small and lucrative business which necessarily does not need to be stationed anyway.

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