HOW TO START A BUSINESS

HOW TO START A BUSINESS IN YOUR STUDENT YEARS

Unique Business Ideas For Students

Students often strive to earn money because a small scholarship is not always enough for something more than paying for a hostel, replenishing a transport card and paying for a mobile phone tariff, and not everyone gets it.Someone goes to earn extra money before or after “couples”, and someone finds opportunities to develop their own business. Student years are a great time to seek, try, test, and create new things.

business idea for student

Explore other People’s Ideas and Needs

Continually read about new inventions; yes, they are the future. Think about products for the next generation and what you need for yourself. New prospects are opening up for chemists, doctors, engineers: after many years of experience in hiring, open your own business of a similar profile.

However, to do this, you need to know your field, the principles of decision-making and the “inner workings” inside and out, so it is better to start studying your industry from the inside as early as possible to find business ideas and unresolved needs.

Find ready-made solutions to pressing issues that interfere with life’s comfort.

Find the Right Internship

Decide what skills you would like to “pump” during your studies and find an internship to help you do this. Monitor the programs and opportunities of business accelerators aimed at helping you in your first entrepreneurial steps, building a business from scratch.

In addition to professional skills, working in a company will help you meet interesting people who can help you both in your career and with simple life advice. An internship abroad is a unique opportunity to get acquainted with the business processes of world brands, look at the work system from the inside, and acquire new useful contacts.

Get Involved in Networking

Young business is lost in a huge flow of information, the giants of the market are stepping on their heels, there are difficulties in selling their goods and services. There is an exit! It’s time to start networking, building business relationships.

You’ve probably heard about the rule of five handshakes, that you are connected to any person in the world through five handshakes. Therefore, networking and connections are everything.

It is important to understand that this is a rather difficult job; you need to constantly build, establish and maintain the necessary contacts. Nevertheless, this tactic brings its results, helping to solve many problems faster and more efficiently.

With the help of networking, you can get not only useful contacts but also valuable information. Meet everywhere and everywhere – at the university, during an internship or practice, at your first job, go to free conferences and masterclasses, presentations of business ideas.

Explore Business Development Programs and Grants

Of course, there is a business that does not require investment, but there are many questions about its promotion, advertising; in standard cases, you need start-up capital for registration of a legal entity, renting an office, buying office equipment, necessary equipment, furniture, purchasing raw materials and making a trial batch, paying salaries to employees.

Now in large cities, you can find a large number of private foundations and investors, government organizations and many other interested persons who are ready to invest money in a good idea, for a share in the capital, or allocate money as a grant or prize to the winners of competitions of ideas and start-up projects.

 

 

About Zahid Shaukat

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