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How To Start An Online Business As A Student

How To Start An Online Business As A Student

As a student, you might not have enough time to invest in marketing or selling goods around locally. Most times, students have lengthy class hours, tons of assignment, and tests swarming all around them. You may find that you lack the funds to run your day-to-day activities, but there is no time to get extra money. In situations like these, the best type of business to resort to is an online business, where all you need is your phone, a computer system, and a network connection. You can sit down comfortably in your room and run a business in the comfort of your home and with the convenience of mobility. Some students resort to part time jobs to make extra money, but that might not be convenient for you. Online businesses range from freelance jobs (Fiverr, Upwork, Freelancer and so on) or a business you can start on your own. In this article, we discuss the five basic things you need to put in place when starting your online business as a student.

1. Define Your Product Or Service

What product or service do you want to provide? Do you want to be involved in buying and selling products or providing solutions to problems people have not found a solutions to? What do you want to sell? Products you created? Do you want to work as a freelancer? There are definitely hundreds, if not thousands of people who are already in the field you are going into – what would make you and your business different from the rest?

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Define your products and be specific. For example, if your niche is graphic design, focus and centralize the products that you will offer to clients as a service. Will you provide logos, templates, custom templates, etc.? Decide what products/services you will provide and how to market it to the targeted audience you hope to reach.

2. Register Your Business

It is optional, but advisable to register your business with the state or local government. You need to pay your taxes as required by the government. Choose an official business name and fill out the required paperwork to make your business legal. Before you register your business, it can help to have a business plan laid out. You should know the basic regulations that you have to follow. If you are planning to be an online freelancer, you can just focus on getting a unique brand name and the business plan can come later.

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3. Register A Domain Name

It is important to ensure that the domain name that you choose for your online business defines the business you are about to start. Pick something short and catchy to help potential and recurring clients remember your domain name. Going through the stress of typing long names can stop or discourage your potential customers from visiting your site regularly. Registering a domain name is also optional, but if you plan on starting a blog to accompany your business, you will need it. Just make sure the name is simple, catchy, and unique.

4. Use Search Engines To Drive Traffic

Using search engines to drive traffic to your site is an effective way to make more people visit your site. More traffic means more clicks, and more clicks translates to more goods and services sold. As a student, you might also have friends who also have their personal blogs and can have their blogs linked to your account or act as ambassadors for your brand. There are also several different search engines that can help your blog develop and increase in traffic. Pay-per-click advertising is the easiest way to get traffic to a brand new site. The PPC (pay-per-click) ads show up on search engines immediately and help drive organic traffic to your site by reaching an audience you might not have been able to tap into without the extra help.

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5. Follow Up With Subscribers Via Email

Most customers visit a site just because they heard of a particular product. Once they are there, it is your job to get them to stay at your site. How do you do that? Create a platform where customers will be able to submit their emails so that they can get regular updates. When you build an opt-in list, you are creating a lifetime asset. This enables them to keep coming back to visit the site whenever you have new updates. You are developing lifetime relationships with them. Feedback is very essential, especially if you are just starting as a student. It helps to keep you informed about what works and what doesn’t work in the beginning stages of your business.

With these points, the sky is the limit with the online business you are about to launch!

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More by this author

Tanvir Zafar

The founder of ISU Technologies, passionate in writing about productivity, creativity, entrepreneurship, work and technology.

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Last Updated on June 13, 2019

10 Best Success Books You Need to Read to Be Great at Business

10 Best Success Books You Need to Read to Be Great at Business

Take a minute and think about some of the most successful people you know.

I’d bet they’re great with people, are super-productive, and think differently than most. After all, that’s how they got to be where they are today.

Jealous of them? You don’t have to be.

You can learn these same skills by studying some of the best business and success books that can help you take your game to the next level. Here’re 10 of my favorites:

1. How to Win Friends and Influence People by Dale Carnegie

    Dale Carnegie’s best-selling book that helped to launch a personal growth empire should be required reading for everyone who wants to learn how to build and nurture relationships for a lifetime.

    Read this book and you’ll learn some simple advice than can help you build popularity points within your current network and just as important, expand it to others.

    Get the book here!

    2. Focal Point by Brian Tracy

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      Got a lot on your to-do list? Of course you do. But what separates productive people from others is their ability to focus on a singular task at a time, and getting it done before moving on to the next one.

      Sounds simple in theory, but this can be extremely difficult in practice. In Focal Point Brian Tracy offers tips to help build discipline and organization into your day so you can get more stuff done.

      Get the book here!

      3. Purple Cow by Seth Godin

        Creating a “me-too” product can be easy at the start but can doom you to business failure. That’s why marketing maverick Seth Godin recommends creating a product that is truly different from anything already available in the marketplace.

        In essence by making the product different you’ll be building the marketing into the actual product development…which just makes your actual marketing a helluva lot easier.

        Get the book here!

        4. The Magic of Thinking Big by David Schwartz

          If you’ve struggled with procrastination or small thinking, this is the book for you. In it Schwartz offers practical advice that can help you get inspired and motivated to create a bigger life for yourself. And with it can be a more lucrative and rewarding career.

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          Get the book here!

          5. Man’s Search for Meaning by Viktor Frankel

            It can be difficult for lots of people to keep things in perspective, especially when working on high priority and urgent projects at work.

            Man’s Search for Meaning can be a life-changing book in the sense that it can open your eyes to a first-hand experience of one of the greatest atrocities in the history of mankind, while also teaching a valuable lesson about having purpose.

            Get the book here!

            6. The 4-Hour Work Week by Tim Ferriss

              Solo-entrepreneurs can learn a ton from the guy who made lifestyle design popular. But guess what? The 4HWW isn’t just for guys and girls who want to start a small online business.

              Smart moves like outsourcing, following the 80/20 rule, and automating processes should be made by entry-level workers and established executives alike.

              Get the book here!

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              7. Think and Grow Rich by Napoleon Hill

                I remember sitting on a couch and opening this book on a Saturday morning, thinking I’d get through a chapter and then get on with my day. Instead, about 12 hours later, I was finished with the book. The concepts in it were mind-blowing to me.

                To think that thoughts can create your reality sounded a little far-fetched at first. But after going through the book and understanding that your thoughts create your beliefs, which lead to actions, which then lead to habits….well you can get where I’m going with this.

                If you focus your thoughts on success, achieving it will be much more likely than thinking about obstacles, failures and everything else that can get in your way.

                Get the book here!

                8. The One Minute Manager by Kenneth Blanchard

                  If you’re going to read one management book in your life, this should be it. It’s simple. You can read it in an afternoon. And the advice works.

                  Get the book here!

                  9. The Lean Start-Up by Eric Ries

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                    Before you create any sort of business you’ll want to give Lean Start-Up a read through. Doing so can save you money, time and other resources you could have potentially wasted otherwise.

                    Get the book here!

                    10. The Monk and the Riddle by Randy Komisar

                      The story Randy Komisar shares in the Monk and the Riddle offers advice about not just about how you need to think when starting a new business, but also about how to build a life you’re passionate about.

                      Understanding the technical aspects of launching a start-up is great, but if you don’t have the staying power to stick with it when the going gets tough then it’s not likely to work.

                      This book can help you understand this lesson before you spend blood, sweat and tears on a project that you’re heart isn’t into.

                      Get the book here!

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