The following answers are provided by the Young Entrepreneur Council (YEC), an invite-only organization comprised of the world’s most promising young entrepreneurs.
1. Start a Janitorial Service
I started a janitorial service for the last two years of college. It was easy to schedule around my school schedule, and the work doesn’t go home with you! The low start-up cost and easy marketing can make you money quickly. After college, I didn’t have to apply for any jobs; my cleaning business was big enough. Remember that it’s a commitment just like school, so take it seriously!
2. Offer Help as a Virtual Assistant
Many students are technically savvy, which is in demand for many business owners. Without leaving the dorm room, students can handle some of the repetitive work of running a business, including research and social media. Offering your help as a virtual assistant has a business curve, but there are many job boards out there that will let you tackle basic projects to start.
3. Work in the App Economy
We have been inaugurated into an app economy that will only be fueled by tech entrepreneurs. Students should jump on this opportunity, as it presents flexible hours (code when you want), low capital and support costs and, most importantly, a success within a failure. If the startup doesn’t start up, you have real skills immediately applicable in a high-demand industry.
4. Experience an Internship
Students looking to get in to business should definitely pursue actual corporate environments or startups. Many companies offer seasonal or summer-specific internships to coincide with college or school semester breaks. You could even get monetary compensation or receive college credit. It gives you helpful experience and training, looks good on a resume, and can hook you up with connections.
5. Write for a Content Marketing Firm
If you don’t mind writing, there are plenty of content marketing opportunities popping up these days. It can be a great little business for a student with flexible hours and little to no startup costs.
6. Clean Houses
Starting a home cleaning business doesn’t require much capital, and you can schedule your jobs around your class schedule. You can also take on new clients as you like so you don’t become overloaded with school and work.
7. Create a Valuable Supply
Think of something that would provide a lot of value to a lot of people, and create a business around it. Have you found that fellow students do not have access to convenient snacks during the summer? Create the supply. Is there a shortage of stats tutors on campus? Create the supply.
8. Take Part in Sales Prospecting
Students can start by reaching out to startups without posted roles to tell the companies about their skills. If they’re good at emailing and research, sales prospecting is one example of a great role. The startup can even pay based on how many responses their emails receive.
9. Store and Transport Belongings in College Towns
I know here at Duke there have been a few businesses that pop up with this idea, but toward the beginning and end of the semesters, there is a crazy amount going on in terms of moving in and out. These businesses have found a great niche. They rent a few U-Haul trucks, have an amazing profit margin and make a killing moving belongings.