Online Business IDEAS for College Students
With the cost of a college education now hovering well out into the stratosphere, many college students are looking for income sources to not only help pay for their education, but also to minimize the amount of debt they will carry after graduation. While a part-time job is usually the preferred source of income for students, there may be better opportunity found in online business ideas.
Unlike a part-time job, an online business does not require you to “keep hours” at a remote location, and there’s no limit on the amount of money that you can earn. In addition, an often underappreciated benefit to an online business is that it can provide a source of income even after you graduate. If the business is particularly profitable, it may even end up becoming your future career.
Here are five of the more promising online business ideas. Not only are they ideas that you may be able to make a money from, but they also require very little cash up front, if any at all.
1. Start freelance writing.
As a freelance writer myself, this one actually takes the top spot. If you have any writing ability at all, and a specific interest in one or more common topic areas, freelance writing on the web can be your niche. There are many thousands of blogs and websites, and all of them need content. You can earn some quick money by providing relevant articles for the sites. And over time, you can convert some of the sites to ongoing clients.
There are content sites that will pay you for your articles, and then distribute them to various websites. While this is one way to get started, it typically does not pay very well. You may be writing articles for $5 or less for a very long time.
A better way to freelance and earn more money doing it is to build your own client base. You can do this by writing guest posts on sites that you read on a regular basis. You won’t get paid for guest posts, but it will give you an opportunity to build a portfolio of published articles. You can then use that portfolio to market your writing services to other sites for paid work. And sometimes, the site you guest post on will want to keep you on as a paid staff writer.
2. Provide support for websites and blogs.
Some college students are veritable wizards when it comes to websites and blogs. If this describes you, you may be able to build a business providing services to site owners.
Many websites and blogs are started by the owners, either using their own skills, or paying a comprehensive service to do the job for them. But there are many specialties that go into a successful website or blog, and a site owner may run out of either time or money or both, and need to subcontract out certain functions.