Business Case Studies

How to start a business as a student?

Although students are very concerned with studies, the most ingenious of them start thinking about their future careers way before graduation. They want to turn their ambitions into reality and become highly demanded professionals. The dreams of youth, however, come true only if you work hard towards achieving them. If you are ready to spend more time working instead of partying than this article on how to start up business while still in college is for you.

Someone will say that it’s too early for a student to think about business and prosperity. It sounds like he/she has zero chances to succeed due to the lack of experience and entrepreneurship knowledge. In reality, it is even easier to open a business in student’s years: there is no family and children, but you have the relatives’ support.

Student Business: is it even real?

One of the main obstacles in the way of owning a company is laziness. The primary thing you need to do is to find a job that will allow having some money, as well as enough free time. This includes a bunch of freelance careers, from tutoring to contributing to essay writer service online as a writer. Such options will let you spend time on your business project while having enough money for daily spending like food, etc. If your startup does not require serious investments, then create a plan and start implementing it immediately.

Statistics show that only 5% of young people who dream of starting an entrepreneurship actually make an effort to put their dreams into practice. The reason is simple – it is this 5% who really do their utmost to put in place their small business ideas. The rest of the dreamers procrastinate, constantly find excuses and continue to solely dream until the retirement.

You should have a long-term goal, which at a specific time will appear unattainable. But there must also be a real plan that can be implemented step by step here and now. A plan is a key thing in any serious matter.

How to Start a Business?

Many enterprising people began their journey in the huge business with intermediary operations. To become an intermediary, you need fewer funds.

So, your plan has to be realistic. Realizing it, you achieve a minimum in order to move on. It is not necessary to fund your first company in the niche that looks attractive to you today, but it is desirable your business ideas do not cause a vomiting reflex.

When a simple and achievable goal is defined, it remains to break it down into stages and write down specific day-by-day actions. Doing them, you are approaching your dream.

Ask yourself the following questions:

  • what new can you give to people;
  • what are you able to do;
  • what are you interested in.

It is also necessary to clarify whether demand is what you are ready to offer. Somewhere at the junction of four previous answers, you can find what business to start.

If a beginner thinks that he has no idea of anything, then he:

  • too self-critical;
  • can always learn something from scratch.

Btw, to learn a new one, you do not have to spend years.

So, humble yourself: the plan is necessary to fulfil, it’s a bitter fact. Drawing up the list itself is a pleasant and relaxing activity, but if planning without results brought results, we would all be millionaires or tycoons. If we control ourselves, then anything will be achieved.

Online Business

Once, in order to start an own business, it was necessary to have money. But even in those days, enterprising people started-up using all the opportunities that had turned up. Today, an aspiring entrepreneur has a very powerful resource – the Internet.

What is the advantage of online business?

  1. No one sees you. This means that a head of the company can sit at home in his underwear and pull the beer while communicating with the client. The main thing is to successfully present yourself and not get out in this form in a video conference. Promotion and branding are relevant even on the web.
  2. Less investment. Previously, in order to be respectable, it was necessary not only to wear suitable clothing but also to have an office. When your company works through the Internet, you do not need a suit or an office.
  3. You do not need staff. Working on the web, you can always use the services of remote employees. If possible, then pick up in your city. But practice shows that decent freelancers control and discipline themselves, even if the whole region separates them from their boss.
  4. Cheaper advertising. The Internet requires less money from the entrepreneur, including advertising. Of course, you will need money, but less than expected.
  5. You are mobile. When an entrepreneurconducts business offline, he is still tied to the place. In order for the company to work successfully, the presence of the boss at least at the beginning is required. When the company is managed over the Internet, the entrepreneur can travel. The only requirement is to be online.
  6. An absence of risks. There are fewer risks on the web than offline. Internet sites are almost impossible to rob, blow up or flood. If competitors ever hire a hacker to bring down your site, then you can be proud of yourself – you have become significant and have weight.