Even though regular school work already feels like a full time job, many students search for ways to earn extra income.
Listed below are some options for students who are willing to work part time and does not require much capital.
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1. FREELANCE WRITING:
From the comfort of your hostel, you could register as a freelance writer, working with time suitable for you.
Blogs and companies are always looking for seasoned writers, so if you enjoy writing, this would be perfect for you. All you need to begin is stable internet connection and a good laptop.
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2. AMAZON KINDLE DIRECT PUBLISHING:
You can take your writing and freelancing skills to the next level by writing a book and publishing it on the Amazon while you get paid for it. Consistency is a key quality expected of a great writer. You need to be consistent with your writing and publishing, until you publish one that becomes a hit. Yes, you get paid for the ones that doesn’t become a hit yet but you can’t settle for less either. This is an easygoing business idea as it requires no capital.
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3. AFFILIATE MARKETING:
This is one of the most common amongst all the businesses that requires no capital. For this particular business, you do not need money to start. All you need is your time, your required audience and your ability to sell the desired market. What you do is to partner with a particular brand and earn commission on whatever product you sell.
You can decide to do this by creating affiliate links and being unique in all your strategies.
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4. DIGITAL/SOFT SKILLS:
Skills such as graphics design, Web designs, data analysis etc are skills that can be learnt at our own comfort which can later be used to generate funds without the need of capital. They require our time and mind investment to give us a potential return on our end.
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5. TAKING SURVEYS:
Taking surveys is another business you can look into which requires no capital. It requires your skill, time and devotion. You can take surveys on sites like cashkarma.io and others.
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6. COACHING OR SELLING INFORMATION PRODUCTS ONLINE:
There is definitely something you know how to do best. What is it? Sewing, designing, styling, coding, writing, etc. You can sell it as a digital product. You can coach people on how to do it and make them pay you for the time you spent while doing so.
7. PROVISION OF SERVICES:
There are a lot of services that needs to be attended to out there in different sectors. It could be car washing, dry cleaning business, etc. The most important thing is that you have a detailed knowledge on a specific sector but you are not directly involved in it. Instead, you have people doing the work but you are marketing it.
8. BECOMING A VIRTUAL ASSISTANT:
A Virtual Assistant is someone that works as a personal assistant but services are offered remotely which means there is no need to be present physically to get the work done.
Administrative services are offered to clients from home or any location and such services include making phone calls, keeping up with email accounts, managing social media accounts, scheduling appointments, keeping calendars up to date, data entry, and making travel arrangements, just to mention a few.
9. NFTs:
NFTs which stands for non-fungible tokens are tokens that can digitally represent an idea, asset or object. These tokens are not physical and it cannot be divided into smaller quantities. Ownership of the tokens is recorded through blockchain technology.
These NFTs can be sold on marketplaces like OpenSea, Axie marketplace, SuperRace, etc.
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10. EDITING:
If you are good at finding problems in writing, then a home-based editing business could be right for you. Being an editor does not require special education but an in-depth understanding of language, punctuation, spelling and grammar.
11. PHOTOGRAPHY/SELLING PHOTOS AND VIDEOS:
All you need to become a photographer is a good camera, visual editing software and a great eye for capturing memorable moments. Your client base can range from birthday celebrants to stock websites.
For you to sell photos or videos, it doesn’t matter if you dont have the best skills in photography, as long as you can take nice photos, there are sites you can upload them on and you would get paid. You could even get paid a lot more if you take a picture that hasn’t been taken before. You can upload such on sites like alamy, pic picfair, eyeem, etc.
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12. TUTORING BUSINESS:
another thriving business that requires no capital is the tutoring business. In this business, you need to put yourself out there and deliver the best. You need to make people know why you can tutor them and what they will gain if you tutor them particularly. You need to build an audience and you need to be clear on your decisions ranging from time availability to specific courses you will like to tutor on.
Another thing is that you do not need to be involved specifically in the business but you can provide services on tutoring.
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13. CRYPTOCURRENCY:
Trading with crypto currency is risky (considering it’s illegal now) and requires a lot of knowledge, so you will have to sacrifice a lot of time to learn how it works. Once mastered however, it proves to be very lucrative. You could also try Cryptocurrency mining which requires no capital for a start.
14. ART:
Various artworks made from various mediums eg acrylic paint on canvas, sculptures, pencil portrait, digital art etc can be exhibited and sold for handsome prices. Selling it online through NFTs is a recent option for students to make money.
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15. VOCATIONAL SKILLS:
Being a student and having such skills is a bonus. Skills such as baking, hairdressing, sewing of clothes, bead making, manicure and pedicure, production of skincare products, etc. can be used as great business ideas to create unique brands in their respective sections.
Over the years, the importance of these skills are being brought to limelight as they embody creative ideas.
These are business one can thrive in especially in the dyfunctional society we find ourselves. There’s no excuse to being financial dependent when you have these ideas at hand.
Nonetheless, the various business options listed can’t be categorised as professional advice. These are merely suggestions from observant writers and it is important that more research is done. Any action or business decision you take upon the information presented in this article is strictly at your own risk.
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