Entrepreneur's Delight
A collection of write-ups from writers/authors willing to write on Entrepreneurship, Business, Corporate Leadership & Management.
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Inspiration To Start A Business As A Student
"The earlier you start the better it is" and "Those that go really far, start out early" are the perfect adages that inspire a student to take on the spirit of enterprise early on in LIFE. Here's how you can get your foundation right.
As a student, it’s no secret that we aren’t exactly bathing in money. A traditional workday is between 9 am to 5 pm or even 6 pm, and as a student, it can be difficult to work by these hours. With study and reading to keep on top of, not to mention early-morning lectures, a full time job might seem a bit much. However, starting a business as a student is a great way to get ahead of the game. From contacting a direct payday loans lender in an emergency to acquiring the correct resources and equipment, here’s how to start a business a as a student!
While starting a business as a young adult is anything but straightforward, it is in by no means impossible. With a bit of courage, determination and motivation, you really can start your own business, even without a business degree. But where do you begin? It all starts by brainstorming ideas and turning “chores” into a profitable service. There are several “chores” that can be turned into a service such as dog walking, cleaning and gardening. Remember that if one person sees value in you doing a particular task, others will to!
Once you have brainstormed ideas, decided on the service you will provide and named your new business – all the fun stuff! - it’s time to research your market. As a student, you should already be aware of the importance of finding out who your competitors are, and what the need is for your chosen business. For example, a dog walking business is great for those who work long hours and simply don’t have time to walk their pet by themselves. Find your target audience, and make sure it’s clear in your mind, and in your branding.
Next, you need to acquire the necessary tools to bring your business to life. From actual equipment to a second pair of hands, when starting out thrive on the “less is more” approach. Not only will this significantly help you stay on track with your budget, you can look more clearly forward to what the future may bring. Also, don’t turn your nose up at pre-owned equipment. It might not have the sparkle it once flaunted, but it’ll cost much less than buying brand-new!
Marketing your business is where you can really make your business shine. It’s relatively cheap, too! As well as a website for your business set up on WordPress or another free professional site service, the social media platforms such as Facebook, Twitter and LinkedIn are great to spread the word and target the audience you identified during the research stage of starting your own business. For as little as £10.00 you can boost engagement and interaction on your posts based on location and even personal interests so you can easily attract people in the surrounding area for quick business.
Lifting Your Business Off The Ground
Once you have officially launched your product or service, it’s time to lift your business of the ground! To take your business to the next level, draft a business place to identify your business’ future and how your will achieve your objectives and goals – whether that’s improved profitability or increased growth.
Also Read: 8 Thumbrules for successfully conducting business overseasDo you know student entrepreneurs? Do tag them here in comments!
We would love to connect with some of them and hopefully bring out their stories to our world of readers of inspiring stories across the globe.
Brainstorming ideas
While starting a business as a young adult is anything but straightforward, it is in by no means impossible. With a bit of courage, determination and motivation, you really can start your own business, even without a business degree. But where do you begin? It all starts by brainstorming ideas and turning “chores” into a profitable service. There are several “chores” that can be turned into a service such as dog walking, cleaning and gardening. Remember that if one person sees value in you doing a particular task, others will to!Research
Once you have brainstormed ideas, decided on the service you will provide and named your new business – all the fun stuff! - it’s time to research your market. As a student, you should already be aware of the importance of finding out who your competitors are, and what the need is for your chosen business. For example, a dog walking business is great for those who work long hours and simply don’t have time to walk their pet by themselves. Find your target audience, and make sure it’s clear in your mind, and in your branding.
Bringing Your Business To Life
Next, you need to acquire the necessary tools to bring your business to life. From actual equipment to a second pair of hands, when starting out thrive on the “less is more” approach. Not only will this significantly help you stay on track with your budget, you can look more clearly forward to what the future may bring. Also, don’t turn your nose up at pre-owned equipment. It might not have the sparkle it once flaunted, but it’ll cost much less than buying brand-new!
Marketing Your Business
Marketing your business is where you can really make your business shine. It’s relatively cheap, too! As well as a website for your business set up on WordPress or another free professional site service, the social media platforms such as Facebook, Twitter and LinkedIn are great to spread the word and target the audience you identified during the research stage of starting your own business. For as little as £10.00 you can boost engagement and interaction on your posts based on location and even personal interests so you can easily attract people in the surrounding area for quick business.
Lifting Your Business Off The Ground
Once you have officially launched your product or service, it’s time to lift your business of the ground! To take your business to the next level, draft a business place to identify your business’ future and how your will achieve your objectives and goals – whether that’s improved profitability or increased growth.Also Read: 8 Thumbrules for successfully conducting business overseasDo you know student entrepreneurs? Do tag them here in comments!
We would love to connect with some of them and hopefully bring out their stories to our world of readers of inspiring stories across the globe.
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Any facts, figures or references stated here are made by the author & don't reflect the endorsement of iU at all times unless otherwise drafted by official staff at iU. This article was first published here on 23rd November 2017.
