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Showing posts with label Student Business Ideas. Show all posts
Showing posts with label Student Business Ideas. Show all posts

Every business no matter how big or small it is, needs customers in-order to make profit, and a school environment represent a gathering of so many potential customers. A good student is one that is all round, not just in academics, but in life generally. Becoming financially independent as a student in High school or in the University is one way you can show that you are gradually becoming a real man or woman who is productive.

It is easy as a student to depend on your periodic income from parents, but better than being easy, is being really financially successful. It is possible as a student to focus well on your academics, and use your spare time to build a future early on in life. You may hardly find any student who is a good business person, looking for job after graduation. Besides the long term benefits, it is a quick way to earn money to afford anything you need any time.

Nigerian Business student

Speaking of business ideas for students, here is a list of 5 profitable ones you can do:


1. Laundry Services: Students are activity people; involving in one activity or the other in campus, and never having time for themselves. You can set up a mini laundry services business to help fellow busy students wash their clothes or iron their clothes every week. You will be surprised at how many students will patronize you. All you need is just a well decorated flier and word of mouth persuasion. You can even hire fellow students when your business grows.

2. Tutorials: As a student, you are in school to acquire knowledge, and like we were all taught, any knowledge not applied is wasted. You can turn the knowledge you are acquiring daily into a money making venture in your spare time. Tutorial services is one of such ways. There are a lot of students in your class who do not understand as fast as you do, so offering to put them through one on one or in a group is a big way to convert your time and knowledge to profits, and the beautiful thing is that you too will learn in the process too. Imagine you are taking 20 Students every weekend, and each pays you $20 dollars (3,000 Naira) for a month, that is about $400, or N64,000 for you monthly.

3. Do Research Work and Sell: With the help of a little knowledge in web design, you can create a website or blog where you post research work you have done by topics. Try find out what research topics are being given out to students in your department or class, then do your research and sell it on your website or blog. Any interested student will pay any amount you fix on it to download the research work. Your possible clients are Final year seminar and project students.

4. Procurement Services: Most sellers in schools tend to take advantage of students by selling their stuff at a much higher price than normal to students on campus. They generally believe that the student won't have time to go outside school to buy it, so whatever price they charge, they are going to buy. You can step in here and make yourself great money. All you need do is to identify the kind of products in demand among students and find time every weekend to go outside school to cheaper markets and procure them, and then sell to students at a much cheaper price than the price on campus. You can even use your room as a sales place. As long as your publicity is good, students will find you. Trust me, people love good stuff at cheap prices.

5. Make and Sell your Stuff: This will require your skills. If you are good at graphic designs, contact campus churches, event planners to make design graphics for them. If you are good with fabrics, you can make customized T-shirts for Final year students, and make big money. You are a caterer, you can look out for student birthdays and make cakes, and sell. Whatever skill you have can be converted to big cash if you do not fold your hand.

While I was a student in the University of Benin, I was into Event planning, and I made good money. You too can if you can see the opportunities in your school.

Do not forget to comment or share this post so that a student will read it and become financially independent.

Introduction:
There are so many Nursery, Primary and Secondary (High) schools in Nigeria, and a fair number in every city in Nigeria. On Average, There are about 200 pupils and students in these schools. This Business is about creating an avenue to take students out on Educational Trips across cities, states in the country.
Start up a Student Excursion/Tour Business in Nigeria
You will agree with me that in our primary and secondary school days, we always looked forward to the days where we would go out together as students to some fancy cities with our pen and paper, taking notes and snapping pictures. This is basically the Idea of a Student Excursion Business that I am selling to you now reading this post.


Like I mentioned in my profile, I have spent more than 5 years researching business opportunities in Nigeria, and I came up with this as a very profitable niche in the Educational business sector. I shared this Idea 3 years ago with an Abuja based business woman, whom I believe is fully into it now. Here is all you need to know about the basics:

How it Works (10 Steps)

1. Locate Unique Educational Tour Sites in your city or state or country
2. Approach Schools
3. Have an agreement with the schools
4. Fix a date
5. Take the pupil/students out for hours/days/weeks depending on your arrangement
6. Bring the pupil/student back safely
7. Get paid
8. Perform Steps 1-7 again for different schools
9. Get paid more.
10. It is this easy

Things to know before setting up Student Excursion Business in Nigeria
Basic knowledge is needed in any sector you wish to establish in else, failure is inevitable. The following must be known before you can establish this business in your city:
  • Educational sites around your city, state and outside your state
  • You should build solid relationship with school owners
  • Study businesses already offering this service and how you can improve on their services.
Requirements, Equipment and Materials Needed
  • A Registered Business name or company so as to be taken seriously
  • A Standard Coaster Bus or its equivalent (or you can partner with transport companies if you cannot afford bus)
  • An Office in a good location to receive customers and attend to enquiries, complaints, etc
  • A License/Permit to carry out educational tours in the state (optional, but you can check with your state education board to know if this is a requirement)
  • Business Cards, Letter head papers
Capital Requirements
To effectively start the education tour business, here is the breakdown of your capital needs. This might vary depending on some factors:
  • Office space: - varies/depends on your city
  • Minimum 18 seater Bus: - varies/depends on the bus of interest
  • On the Average, measured by my preference, you will not spend beyond less than N900,000 to acquire the two items listed above
Marketing, Advertising and Customer Care
The quickest way to gain ground in this business sector is to:
  • Build Relationships - Build a working and active relationship with school owners and principals.
Other ways includes:
  • Word of Mouth - Talk to schools, parents, teachers about what you do, and what you can do that your competitors are not doing yet
  • Use Business Cards - A school owner/Principal/Headmaster you talk to now may not be interested in what you have but may be tomorrow, so you will need a business card to leave behind with each of your prospective clients so that they can reach you when they require your service.
  • Build Testimonials - Any time you take students of a school out on an educational excursion/tour, do not forget to ask the school for a testimonial. This testimonial will help you when you are attempting to get a new school as your client. School owners will be better interested if they know that you have done something similar somewhere else for someone else.
  • Offer Unique Tour Sites - Be careful when choosing tour sites. Some schools may be sceptical if your proposed site is too far, or if it is a common place. 
  • Handle the Pupils / Students with great concern - Do not be too engrossed in activities and planning and forget about the safety of your clients (Pupils/Students). Their safety means more tours in future with you, because quality customer service builds trust in your customers.
Projected Income
Here is an estimated pricing from one excursion trip with a school having students of about 200 with the excursion taking place outside the city/state
  • 1 student pays N1,000
  • 50 interested students pay 50 * 1,000 = N50,000
  • Average of 3 schools in a month = N150,000
  • Average Income monthly is N150,000
Here is an estimated pricing for one excursion trip with a school having about 500 students, with the excursion taking place in the city/state
  • 1 student pays N500
  • 200 Interested students pay 200 * 500 = N100,000
  • Average of 3 schools in a month = N300,000
  • Average Income Monthly is N300,000
You are only limited by your marketing plan. So go out and get this started.
Start up a Student Excursion/Tour Business in Nigeria


Additional Information
*If you need additional Information, you can get across to me on thinkysolutions(at)gmail(dot)com. I will be glad to help out.

If you have decided to start this business, I can make you a business logo and a business card design. Cheers!

Do not forget to comment and/or share this post to help spread this idea. Thank you for stopping by.