How to start an online business in 2024? Unique business ideas for students

Today I will share with you unique business ideas for students.

If you are a student, probably you have some free time. Starting a business as a side project is one of the best things that you can do as a high school or college student.

There is no simple answer to the question of how to start a business being a student. It will depend on the person and the specific business.

But regardless of the money you can earn or not, your journey as an independent entrepreneur will start early in your life and you will have gained a lot of experience when you finish your studies.

It’s essential to have a good organization of your time in order to have a good performance on your exams and create a successful business at the same time.

Starting a digital business gives you some adventures that you don’t have in other types of business, such as:

  • Work from anywhere
  • Sell to different people in different countries
  • Little first investment
  • Easy to scale
Similar article: Best solopreneur business ideas

Should a student start a business while he is studying?

The answer to this question will depend on every specific person. Almost everyone could start a digital business as a student.

You have to choose the business idea that best suits your strengths and preferences. But no matter what idea or business you choose, it will require dedication and perseverance.

Nowadays we have a lot of tools that increase productivity like ChatGPT, Notion, Zapier and a lot of AIs. One of the best things you can do as an online solopreneur is learn how to use it to improve your business.

Profitable small business ideas for students

Here is a list with a little description of the best online business idea to start on 2023


Every week I send an email with a list of resources and a new Interview with a solopreneur.

Write stories on Kindle Vella: 

Kindle Vella is a serialized reading platform developed by Amazon where writers can release stories in short episodes.

The readers can read for free some episodes and then have to pay for new episodes of the series.

If you like to write stories, you can publish them for free on the Kindle Vella platform and Amazon will pay you when people buy your stories.

Start a tutoring business

You can teach students years lower than yours or, if you are in college, you can teach high school students.

You can do it by virtual classes and offer the service all over the world.

Create an app

You can create a lot of simple apps by using no-code tools like Bubble. There are a lot of ideas for building an app. Even you can create some apps for your city or your university campus.

Here you can make money from advertising on the app or by a subscription.

Blog

There is some niche that you like? You can write about that and make money by advertising on your articles.

In order to do this well you will have to learn SEO and copywriting. 

Fintiux is an example of this, I share information about business and resources for independent entrepreneurs, something that I really like.

Newsletter

If you have an audience, you can start to monetize by creating an email list and sharing something periodically. You can share resources, stories, or something relevant to your niche. 

You will make money by advertising or by offering a premium subscription to your newsletter.

Youtuber

Similar to a blog, if you like and know about a specific niche, you can share videos with information about this.

You can even combine these 3 ideas: you can create a Youtube channel, a blog and a newsletter to create a large audience and monetize it.

Offer Design service online

If you know about design, you can work as a freelancer offering your service to people around all over the world. Platforms like Fiver allow you to do that.

Offer online programming services

Similar to the last. If you know how to code, you can offer your service as a freelancer. 

Social media manager

Do you like marketing and social media? You can offer your services to different businesses by managing their social networks to generate customers.

Sell notion templates

Do you know how to use Notion? You can create templates for other students or entrepreneurs and sell them. The best place to do it is through Gumroad.

Create handmade goods and sell them online

Are you good at making handmade products? Start to sell it, you can do it on big marketplaces like Amazon or create yours on the web with apps like Shopify.

Dropshipping

Dropshipping is like having a special store where you can sell things without actually having them in the store. When someone wants to buy something from your store, you tell another store that has the things to send it directly to the person who wants to buy it. So, you don’t have to keep the things in your store, and you can sell lots of different things without having to worry about storing them

Become a reseller through social media

Do you have a small audience on social networks? You can go to physical stores in your niche and offer to resell your products and earn a commission.


Step-by-step guide to Start a Business Being a student

Something interesting: Entrepreneurship in the corporate

1. Decide the niche and the idea

A lot of ideas have been shared in this article. Now it’s time to choose one and decide on what market niche you will focus on. 

A market niche is a group of specific customers that you will have. You could focus on your college or your city to start. 

There is a lot information, resources, and businesses on the Internet that could be your competitors. You will differentiate yourself from them by offering your product to a specific niche.

About the idea, you have to choose something that you really enjoy doing. Think that you will pass a lot of time working on this. 

I wrote an article about How to start as a digital solopreneur. You can read more about this topic there.

2. Choose a name

Your business name will be your brand. You have to choose something your customers can remember easily. It’s recommendable you have a brand style, This will help you retain your customers.

 In this article, you could read about how to choose a good name. 

3. Start!

Once you have the idea and the name, it’s time to start. This has to happen as fast as possible.

Launching fast and validating your product early is important. It will let you know if it is worth continuing to push toward that business idea or if it is better to pivot or start a new one.

4. Ask for feedback from your’s customers

When you already validated your idea (You have some clients or users), it’s time to improve your product or service.

The best way to improve your product is by listening to your customers and working on their suggestions. 

5. Grow

Once you have a good product and a few customers, it’s time to scale your business.

To do this, you have two options: Hire employees or Automatization.

Let’s focus on the second one…

There are a lot of tools and Artificial intelligence for automatization and productivity that are useful for digital business.

As a student, you would have a little budget, so it’s important to optimize everything you can to improve your productivity.

The tools that you could use will depend on your business idea. But the most popular tools are:

  • ChatGPT: An AI who you can ask almost everything.
  • Notion: An all-in-one tool to manage a dashboard with your tasks and projects. It has an AI to help you with some tasks too.
  • Zapier: Automate almost anything by connecting multiple applications.
  • Koalachat: You have to write some article? This Artificial intelligence will do it for you. 

Now, let’s read some FAQs:

Can business students offer computer science?

Yes, A business student can offer computer science as a service and make money from that. It is important to give a good service and know what you are doing, regardless of age.

What kind of business can a student do?

A Student can start any business. It’s important to give a good service or product and have an organization in order to study and run a business at the same time. You manage your organization using tools like Notion.

What are business ideas for students?

Some business ideas for students are: Writing stories on Kindle Vella – Creating an app – Starting a tutoring business – Being a freelancer – Dropshipping – Creating handmade goods and selling them online – Social media manager – Selling notion templates – Blogging – Being a YouTuber. 

Is it possible to start a business while being a full-time student?

Yes, It’s totally possible to start and run a business being a student. It’s not always easy, but it’s possible. Having a good organization and using time efficiently is essential. To do this, there are many free tools that are already mentioned in this article.

How to make a business plan for students?

One of the best methods to make a business plan being a student is the Business Model Canvas. 

You don’t need experience or a lot of knowledge to do it. You can have a model and guide to make it here.

When can you start a business as a student?

You can start a business as a student Whenever you want. You have to know that isn’t something easy, but it is worth it.


I hope that these unique business ideas for students. You can read more here:

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