Are you a college student? This is your chance to bid poverty goodbye! I have identified very simple cost effective business ideas for you. Some of them needs absolutely zero capital to start the business! All you need is a little hard work and need for money…
Here we go;
1. ‘I Queue for you’
You can stand in-line or hang on the phone so someone else doesn’t have to for a small fee. You do not a single business to start this business. You can especially target school admission days or during meal times etc.
2. Start a website
Make your university ramblings as engaging and insightful as you can (it helps to provide a few laughs and be opinionated). Once you have a good following, you can start hosting ads on your site for payment, or even write advertorials for brands (this basically involves you writing about a company for payment).
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3. Start making YouTube videos
You can earn an extra income from YouTube by sharing a slice of the ad revenue. It could be reviews or guides related to your course subject, or pick any topic that really fascinates you (games, comedy and music do particularly well). You can run some ads, and further down the line you could even stream pay-per-view vids if you get enough subscribers.
4. Selling of Second-hand highly demanded textbooks
Buy second-hand in-demand textbooks at the end of term and sell them on to new students at the start of the new term (worth double checking that the same textbooks will be used again the following term, otherwise you could be left with a lot of useless material!).
5. Offer tutoring services
As a college student, chances are you are particularly good in one or two subjects. You’ll make a lot of money by offering to teach others who are having problems with those subjects — most especially if they are very important subjects that students must pass before promotion or graduation.
6. Freelancing
If you are very good with words, then you can start a freelance writing service. This would involve handling writing assignments for clients — not fellow students, because this is unethical and against the rules in virtually all schools and colleges. You can hook up with clients over the internet by registering an account with freelance outsourcing sites.
7. Blogging
You can start writing about your experiences in campus or any other relevant and captivating topics on your site. When you have sufficient traffic on your site, you can start hosting ads on your site for some small payment.
8. Food delivery
As a student, you can make money as a part-time chef or by making pre-packaged meals and selling them to fellow students. It doesn’t have to be complicated meal, it can be as simple as selling ‘githeri’ or rice and beans.
9. Start CV writing services
If you are very good with words and information presentation, you can help people write their resume in ways that would attract employers and get paid for it. You can charge 400ksh per page for the CVs you write for clients.
10. Translation
Most Kenyan students are familiar with more than two languages. Therefore as a student, you can offer language translation services. If you are very good in a second language, you can help people translate documents from that language to English or vice versa. There are also lots of opportunities for transcription services on the internet. Transcription entails converting recorded speech to written text.