November 2

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Best Business ideas that can be implemented while studying at University In 2020

By Allen Richard

November 2, 2020


Business ideas that can be implemented while studying at University

We all know that as a student you don’t swim in money unless you’re a lawyer. Nevertheless, of course, you have expenses, the frozen pizzas that you eat four days a week, going out during the week, the aspirin tablets for the hangover afterward.

Often you have to walk home because the last money has been spent on the kebab and you don’t have anything left for the taxi. How nice would it be if you just had a little money? Just drink what you like in the bar and not what has the best alcohol/price ratio.

Since the time during your studies is ideally suited to starting a company anyway, but many have difficulty identifying suitable business ideas, there is this blog post. To enable you to start your own business, we have selected a few business ideas that you can easily implement alongside your studies, mostly with limited effort and free time management.

Also, there is no need for high investments anywhere, for some things you need a few certain skills, but nothing that you cannot learn.

Business idea: CV/cover letter service

Every year desperate future freshmen posting on many forums because they don’t know what to put in their cover letter. Most people feel the same way with a resume.

In principle, none of this is rocket science, but because it is usually about something, many are ready to seek professional help. You should inform yourself about what is currently state of the art in the resume and letter of motivation, don’t worry, it won’t take long.

What do you need? Ideally, a website where you introduce yourself and your services. Nowadays you have to put something like that together for a few hours, even if you don’t have a lot of previous knowledge.

If you optimize your site for search engines, post a bit of inconspicuous advertising here and there in Facebook groups, etc. then you will soon have your first customers. You can get paid either per curriculum vitae/letter of motivation or according to the time required.

Business idea: Make new out of old

For this idea, you need not only time but also a little manual skill. If you have that, you can easily buy old furniture, refurbish something and sell it on as vintage, if you are more attracted to fabrics, you can do it all with clothes.

Sometimes you don’t even really have to change anything, just find the right marketplace and the right item description. Then the ancient sweater that someone has sorted out becomes a cool piece of clothing in no time at all, after which every hipster licks his fingers.

Business idea: Amazon for the poor

Sometimes you need books at university. Some of them are quite expensive. That’s why they are sold again after the semester. The catch: at the time the books are sold (at the end of the semester) they are often not needed (only at the beginning of the semester). So you can buy them when they are a little cheaper because the old students want to get their money back at the end of their studies and then sell them to the new students in the new semester. 

Business idea: slum lord

Practice early, do you have what it takes to be a landlord? Find out by renting out your apartment through Airbnb during the semester break. The days or weeks rental brings you a nice penny, depending on the city. However, you should check the rental agreement to see whether subletting is allowed. Otherwise, in the worst-case scenario, this business idea could cost you your apartment.

Business idea: You should be a writer

If you can claim to be a writer, then not only is it a great argument to get women to bed, no, you will also find out about your drinking problems, since pretty much all great authors had one.

What you write now is up to you, a novel can certainly go through the roof, but it can also disappear in the no man’s land of the Internet. A non-fiction book is a bit more down to earth. If you are well versed in a particular topic, write down your tips and tricks.

Get yourself a great cover and offer it for download on your website and via Amazon. You can already be happy that you are now officially a writer. While you are writing you don’t earn anything here, but once your book is finished you can hope for a steady income. The best thing to do is to look beforehand to see how things are going with your intended topic. A niche would be beneficial here.

Also, read our guide on 9 Best reasons/advantages of influencer marketing

Business idea: turn your hobby into a profession

Do you like to travel or go to festivals? Make a business out of it. An all-round carefree festival package e.g. you book tickets, take care of getting there, etc. and earn money with them. Alternatively, you can also organize ski trips/party trips. Without too much effort you can earn a nice extra income here. You should only pay attention to binding bookings, so it is advisable to start the whole thing first with an extended circle of friends.

Business idea: 2 for 1

Start a website/app/newsletter that presents the latest offers from clubs and bars in your student city. On the one hand, you always know where you can get 2 for 1 beer and where the first 100 visitors get a tequila for free, on the other hand, you can earn a bit with local advertising.

Business idea: old school

Very classic: give tutoring or language lessons. Tip: if your students are on the same page, you can do the whole thing via Skype and teach several people at the same time. The price that you can achieve in this way will be a little lower than with individual care, but if you take 4 or 5 times you still have a decent plus.

To start with, that was eight business ideas that you can easily implement in your free time to earn something. If you have any further suggestions, we are of course always happy to receive comments. Maybe there will soon be a second part with business ideas.

Allen Richard

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