5 Best Business Ideas For Students (2023)
Entrepreneur Teenager Ideas
Being a teenager you don't have to commit to only part time jobs, in fact you can start even a small business as a student. Starting a business as a young student is the stepping stone of your future success as you have ample of time to gain knowledge and experience and become a self made entrepreneur early in your business career.
As parents, teaching and giving advice to your children about business, entrepreneurship and finance is not an easy task. However you can let them figure out which one they are interested themselves, and the most important aspect is to believe them and encourage them with full support.
5 Simple Business Ideas for High School Students
When students are in high school, they often aren’t pondering about creating a new business idea and building their own wealth.
But it might very well be an excellent idea for them to do it and learn about business finances, while earning some income.
Most students are youthfully open to new ideas, so it’s fairly easy to convince a high school student to go for a business startup.
In fact, many of the most successful businessmen in the world started out when they were just teenagers.
They started out real small and built upon their businesses until they turned them into multi-million dollar enterprises.
It’s never too early to start getting in touch with your inner entrepreneur.
The Big Question is…“What type of business can a high school student create?”
These business ideas are well-suited for high school students:
There are literally thousands of people who will gladly pay someone to write articles for their businesses. Writing articles isn’t as difficult as it sounds. Mostly, it just takes some practice to gain some skills up your sleeves. Some writers can even type up a 600 word article in less than 20 minutes.
The internet is a giant place to seek out those who need content for their websites, blogs or products. Your son or daughter can advertise their writing services on a digital freelance marketplace website or design their personal freelance writing website.
If they manage to find the right clients and provide an excellent service, eventually, they could even create a lucrative future career out of it.
Additionally, freelance writing job is an excellent way to generate some real great passive income.
2. Freelance Photography
Does your teenager have a camera? They can offer their services as a professional photographer at various events and gatherings. The opportunities are truly unlimited by nature.
Weddings are often an excellent source of passive income for freelance photographers.
They can even do photo shoots of children, families, or birthday parties.
3. Manual labor jobs.
There is a constant ongoing demand for services like lawn mowing, landscaping, and painting.
The easiest way for your teen to start these kinds of businesses is to approach others directly and offer them their services.
For a lawn mowing business, they can locate a house that has an overgrown lawn and simply ask the owner if they would like to hire them to cut the lawn. It won’t take long before they get a few return customers.
Manual labor can be difficult. However, once the business starts to take off, your teen can hire more help to make the work load lighter. Or there’s also the possibility to outsource the entire business operation.
4. Freelance Virtual Digital Assistant
Many freelancing platforms like Upwork feature tons of digital assistant chores that virtually anyone can do.
Many of them are simple data entry tasks that require a little research, but mainly just copy and paste to create data spreadsheets.
Typical hourly pay for these tasks is more than the standard minimum wage in most states.
This is a great way to choose what times of day and how much time you want to devote to earning some money, as opposed to wasting time.
Some digital assistant tasks involve social media, which many teenagers already know much about. Child Care Service/Babysitting
5. Childcare Services & Babysitting
Starting a babysitting or childcare service is one of the best small business ideas that a teenager can start right away!
Babysitting and childcare services are always in demand, especially when you consider how much money children's parents spend on their care (and we're not just talking about preschool).
The reason is because it allows kids to socialize with other kids while having fun, it gives them the chance to learn responsibilities like cleaning up after themselves and paying attention to details, and parents feel more comfortable leaving their children in someone else's professional care while they're at work, teaching at school or out doing errands.
High school students have a lot of spare-time and usually spend it playing video games online or on smart phones.
That time can honestly be spent on building a sustainable business instead.
With these ideas and some guidance, a student can get rid of those video games behind and become a business owner.
These business ideas don’t require any graduation diplomas or any previous experience.
Anyone can use these great business ideas to generate some additional income. At first, it might be a little nerve racking, but after the initial steps it will be much easier.
Why would you want your teenager to create a real business?
They learn valuable life lessons about becoming financially stable in this uncertain era.
Even if building a business doesn’t sound like a lot of fun, it’s a great experience.
Encourage your teenager to give it a try!
6. Loan Signing Agent For Students
Guide to Becoming a Loan Signing Agent In The Real Estate Market
What is a Loan Signing Agent?
A loan signing agent is a person who signs documents on behalf of the borrower at the closing of a mortgage loan.
A Loan Signing Agent is also known as a Closing Agent. They are responsible for signing all necessary documents for the borrower’s loan.
What are the Advantages of Being a Loan Signing Agent?
The advantages of being a Loan Signing Agent are as follows:
You will have a steady stream of work from lenders and mortgage companies.
You may be able to negotiate your own hours and days to work.
You don't need to take any classes or exams, just some on-the-job training.
How Much Money Can I Make as a Mortgage Closing Agent?
The mortgage industry is one of the most lucrative industries out there. It has a lot to offer, both financially and in terms of job satisfaction.
Loan Signing Agents can make between $80 to $200 per signing.
This business model is a great idea to earn an average of $1000-$4000 a month consistently.
Mortgage closing agents are tasked with ensuring that all paperwork is signed and filed correctly, as well as ensuring that the lender gets their money.
Making money as a mortgage closing agent can be very rewarding, but it does take some work. It's not an easy job by any means, but it does pay off in the end if you can stick with it long enough.
To qualify as a loan signing agent, you must first be a notary public, which can be done by taking an online class or in person.
Want to master the art of a Six-Figure Loan Signing Agent?
Enroll In The Loan Signing Agent Course and get officially certified.
#1 Best Business Idea For Students
Without a doubt, this is my favorite way to build a business while still young.
It’s the easiest and most profitable online business that you can start with very little money and even less experience in internet marketing or blogging business.
(if you don’t have any of these skills, you can easily implement them because as a teen your education in school is very much connected in using computers in this modern digital world)
A great example is Kathy Sierra (you can google it) who started her blog as a place to post tips on web design and ended up making millions of dollars from Adsense earnings alone.
Now she runs one of the most popular blogs on the topic of website monetization and has a loyal following of thousands of people.
Another great example is Scott Hanselman who makes over $50k per month from his blog.
Check out this step-by-step guide on how to create a blog.
#2 Latest Business Idea For Teens
Academic tutoring is a rising business trend in 2023 plus a great way for teenagers to get started in this industry simply because it will help you gain valuable experience and knowledge about the real world of business that you can’t get from an ordinary classroom setting or online course alone, which can be quite boring at times! It also will not require a lot of effort to setup as many are using software to automate their tutoring course like teachable.
However if your son or daughter starts getting into college and he or she has some sort of learning difficulties in school like dyslexia, ADHD, and ADD, then it might not be such a good idea to go down this route after all since they are likely to struggle with this kind of work for the rest of their lives.