What can be some of the best tips for students to learn & earn?

In yesteryears, every student would concentrate on learning and education. They would only think about books, exams, and marks to be precise. The students would study at college or university and ask for money from parents for their daily needs. But now as the times have changed, students are increasingly becoming more independent. The lifestyle has changed so rapidly that every student cannot fit their needs into the tiny pocket money they receive from their parents. Thus, the need arises to do something in parallel to learning that can earn them some income.

It is not necessary a job can fetch good money since jobs have a lot of restrictions and conditions attached to them. While studying, a student cannot possibly work for a firm for particular hours. Plus the college timings and work timings need to be managed. Thus, a perfect option that stands in front of a student is that of a business. Venturing into a trade that can provide some good income and at the same time not disturb the college time-table is what can do wonders. But how can you do it? We shall ease out the mystery for you. No matter what field you are studying in, there can be a perfect option for all. Let’s read further to find out the perfect match for your skillset.

To understand the business that shall best suit your aptitude and qualifications, we shall divide the options based on the field of study.

Commerce📊

We all know this field of study relates to mostly following subjects like costing, accountancy, mathematics, statistics, marketing, secretarial practice, business management, etc. Hence when a student is pursuing Bachelors in Commerce or course related to commerce, a wide variety of options can be considered. It can help them to start a small business of their own. We’ll discuss the top 3 business ideas related to commerce in detail.

Accounts Consultation👨‍💻

In this setup, one can earn a good income. The commerce students are good at mathematics, accountancy, book-keeping, and costing. This helps them evolve in this business. A student can start this venture with minimum investment. All one needs is a basic equipment setup of computers and peripherals. Through word of mouth, you can gain good customers who are looking for people to manage their day-to-day accounts. This can fetch you good commission-based income or regular task wise income according to the client. It will not only benefit your financial position but will also help you learn finance as a subject easily. Through this consultation, you can also help clients file their IT returns online.

Marketing & Branding📈

It is an upcoming and dynamic field to venture into. You can help small firms uplift their business through channelizing different marketing strategies for their products or services. This can involve getting their product list, brochures, pamphlets, etc. printed. Also, the distribution through proper mediums can be done to expand their business. It, in turn, helps you know the market trends and its dynamic features that help you in the long run.

Human Resources Agency🤝

If you are an extrovert and a people’s person, then this field is definitely for you. If you have a good observation, this field can mint money for you. It also needs very good contacts. As you will be interviewing people from various sectors and forwarding their CVs and profiles further to respective clients, you must have good contacts to fetch talent. But if you have a good quality circle of people known to you. This setup can work brilliantly for you.

Now let’s see the next field of study that can give you all other good trending options for business.

Arts🧑🏼‍🎨

This field of study encompasses the following subjects like languages, philosophy, music, dance, art forms, history, geography, psychology, sociology, etc. A student undergoing studies in this area can pick up unique business options. Let’s see the top and trending ones that can earn you a good income.

Dance Trainer🕺🏼

It has been one of the upcoming and trendy businesses in the past decades. If you are passionate about performing arts, this is a perfect choice for you. All you need is a big space or a hall to start this venture. You can schedule different timings and different art forms according to the capacity of the space.

Language Translator🔡

If you have picked up a foreign language as one of your subjects while studying arts, this can be a noteworthy option. Fetching clients online through various platforms can save your time and can generate good income. But you need to have the upper hand in the language so that you can easily translate the documents without errors.

Science⚗️

In this field of study, one has skills related to chemistry, biology, zoology, botany, etc. Let’s see what can a student studying science pick up as a good business option.

Online tutor👩‍💻

One of the careers in demand is that of training students online. With the help of various platforms available online, one can start their own online tutoring with minimum investment. You can teach students all the science subjects from the comfort of their homes. Proper scheduling and time management can get good money from this business option.

The above options were highlighted according to the field of study taken up by a student. Further, we’ll discuss a few business ideas that can be considered by any student no matter what his area of study is.

Graphic Designing👨‍💻

If you have a flair for art, drawing and also have knowledge about the software through which you can develop beautiful eye-catchy designs. Then this business is the best one for you. Without any investment, one can start this venture. All you need is a good equipment setup with licensed copies of software like PhotoShop, Corel Draw, Illustrator, etc. Thus a student with good designing skills can mint good money from this business.

Content Creation📝

Suppose you are good at writing short and long-form. You can write commercially and earn not only in Rupees but in Dollars too. Yes, this sector has seen a great demand in these post-pandemic times. One can ghost-write stories, poems, or novels and also can pen down your thoughts into blogs, articles, etc. You can get into the freelancing option as you can write when you are free and study for the remaining time.

Having read these various options that shall give you an edge over others, there are some key pointers that you need to consider while starting any business. These tips will come in handy for you when you decide to start your own venture.

Brainstorm the idea.
Look around, seek advice from parents, family, professors, guides, etc.
Involve known people, do not rely on strangers. Do not involve many people.
Invest minimum at the start, you can increase it as and when you start earning good profits.
Always think big.
Forecast everything. Be prepared for losses and risks too.
Strategise everything on paper.
Keep drawing goals and aims in mind, short-term, and long-term.
Re-shift focuses if necessary, but do not lose hope.
A business takes time to settle, be patient.
Absorb knowledge as much as possible from reliable sources, the internet, books, etc.
Stay strong and be positive.
Build loyalty, sales will follow.

Working on all these tips can bring in a dynamic change in your life. Every being can do something more. Don’t just limit yourself to studies. Chalk out a good time and manage your own career. As the ones who start early, know the value, and can surely achieve something big in life.

Also read:

What Are the Coolest Start-up Culture Hacks?
Startups in India: Growth & Other Factors to be Considered for a Startup
Top-10 Things & Technologies that will be trending in the year 2021

FAQs

Q. What is the best business for beginners?

Ans: Freelance content writer, Virtual Assistant, Blogger, Child care services, etc.

Q. What are the four types of business?

Ans: There are four types of business organisations: sole proprietorship, partnership, corporation, and Limited Liability Company.

Q. What businesses can I do from home?

Ans: You can become a freelance writer or designer. You can start a catering service too.

Q. What businesses are in demand?

Ans: Social Media business, Senior care centre, Organic product development, healthy food services, etc. are booming.

Q. What can I sell from home?

Ans: You can sell your knowledge by becoming a tutor, you can sell art by selling handicrafts. You can think of various options like books, vegetables, fruits, hand-made food items, etc.