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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 entrepreneurship, work and technology.

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Last Updated on February 21, 2019

How to Stop Information Overload

How to Stop Information Overload

Information overload is a creature that has been growing on the Internet’s back since its beginnings. The bigger the Internet gets, the more information there is. The more quality information we see, the more we want to consume it. The more we want to consume it, the more overloaded we feel.

This has to stop somewhere. And it can.

As the year comes to a close, there’s no time like the present to make the overloading stop.

But before I explain exactly what I mean, let’s discuss information overload in general.

How Serious Is Information Overload?

The sole fact that there’s more and more information published online every single day is not the actual problem. Only the quality information becomes the problem.

This sounds kind of strange…but bear with me.

When we see some half-baked blog posts we don’t even consider reading, we just skip to the next thing. But when we see something truly interesting — maybe even epic — we want to consume it.

We even feel like we have to consume it. And that’s the real problem.

No matter what topic we’re interested in, there are always hundreds of quality blogs publishing entries every single day (or every other day). Not to mention all the forums, message boards, social news sites, and so on.

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The amount of epic content on the Internet these days is so big that it’s virtually impossible for us to digest it all. But we try anyway.

That’s when we feel overloaded. If you’re not careful, one day you’ll find yourself reading the 15th blog post in a row on some nice WordPress tweaking techniques because you feel that for some reason, “you need to know this.”

Information overload is a plague. There’s no vaccine, there’s no cure. The only thing you have is self-control.

Luckily, you’re not on your own. There are some tips you can follow to protect yourself from information overload and, ultimately, fight it.

But first, admit that information overload is really bad for you.

Why Information Overload Is Bad for You

Information overload stops you from taking action. That’s the biggest problem here.

When you try to consume more and more information every day, you start to notice that even though you’ve been reading tons of articles, watching tons of videos and listening to tons of podcasts, the stream of incoming information seems to be infinite.

Therefore, you convince yourself that you need to be on a constant lookout for new information if you want to be able to accomplish anything in your life, work and/or passion. The final result is that you are consuming way too much information, and taking way too little action because you don’t have enough time for it.

The belief that you need to be on this constant lookout for information is just not true.

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You don’t need every piece of advice possible to live your life, do your work or enjoy your passion.

How to Stop Information Overload (And Start to Achieve More)

So how to recognize the portion of information that you really need? Start with setting goals.

1. Set Your Goals

If you don’t have your goals put in place, you’ll be just running around grabbing every possible advice and thinking that it’s “just what you’ve been looking for.”

Setting goals is a much more profound task than just a way to get rid of information overload. Now by “goals” I don’t mean things like “get rich, have kids, and live a good life”. I mean something much more within your immediate grasp. Something that can be achieved in the near future — like within a month (or a year) at most.

Basically, something that you want to attract to your life, and you already have some plan on how you’re going to make it happen. So no hopes and dreams, just actionable, precise goals.

Then once you have your goals, they become a set of strategies and tactics you need to act upon.

2. Know What to Skip When Facing New Information

Once you have your goals, plans, strategies and tasks, you can use them to decide what information is really crucial.

First of all, if the information you’re about to read has nothing to do with your current goals and plans, then skip it. You don’t need it.

If it does, then ask yourself these questions:

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  • Will you be able to put this information into action immediately?
  • Does it have the potential to maybe alter your nearest actions/tasks?
  • Is it so incredible that you absolutely need to take action on it right away?

If the information is not actionable in a day or two, then skip it.

(You’ll forget about it anyway.)

And that’s basically it. Digest only what can be used immediately. If you have a task that you need to do, consume only the information necessary for getting this one task done, nothing more.

You need to be focused in order to have clear judgment, and be able to decide whether some piece of information is mandatory or redundant.

Self-control comes handy too. It’s quite easy to convince yourself that you really need something just because of poor self-control. Try to fight this temptation, and be as ruthless about it as possible – if the information is not matching your goals and plans, and you can’t take action on it in the near future, then SKIP IT.

3. Be Aware of the Minimal Effective Dose

There’s a thing called the MED – Minimal Effective Dose. I was first introduced to this idea by Tim Ferriss. In his book The 4-Hour BodyTim illustrates the minimal effective dose by talking about medical drugs.

Everybody knows that every pill has a MED, and after that specific dose, no other positive effects occur, only some negative side effects if you overdose big.

Consuming information is somewhat similar. You need just a precise amount of it to help you to achieve your goals and put your plans into life.

Everything more than that amount won’t improve your results any further. And if you try to consume too much of it, it will eventually stop you from taking any action altogether.

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4. Don’t Procrastinate by Consuming More Information

Probably one of the most common causes of consuming ridiculous amounts of information is the need to procrastinate. By reading yet another article, we often feel that we are indeed working, and that we’re doing something good – we’re learning, which in result will make us a more complete and educated person.

This is just self-deception. The truth is we’re simply procrastinating. We don’t feel like doing what really needs to be done – the important stuff – so instead we find something else, and convince ourselves that “that thing” is equally important. Which is just not true.

Don’t consume information just for the sake of it. It gets you nowhere.

The focus of this article is not on how to stop procrastinating, but if you’re having such issue, I recommend you read this:

Procrastination – A Step-By-Step Guide to Stop Procrastinating

Summing It Up

As you can see, information overload can be a real problem and it can have a sever impact on your productivity and overall performance.

I know I have had my share of problems with it (and probably still have from time to time). But creating this simple set of rules helps me to fight it, and to keep my lizard brain from taking over.

I hope it helps you too, especially as we head into a new year with a new chance at setting ourselves up for success.

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Featured photo credit: Pexels via pexels.com

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