TOP BEST BUSINESSES YOU CAN STARTUP ON CAMPUS WHILE STUDYING IN NIGERIA, 2022
Why wait until you graduate before having a job? Nigeria's unemployment rate is fast growing and the chances of gaining White-collar jobs are fading away. According to statistics, annually, tertiary institutions produce over 500,000 graduates in the country, and vanguard reported that in November of 2020, the National Youth Service Corps (NYSC) mobilized 66,000 graduates for the youth service program. Among such graduates, only a handful of fortunate ones can find work. The investment made on students by their caregivers is often demanded later, this means that whether you find a job or not, you must find a way to return the favor. Interestingly, Campus businesses are not impossible to embark on, of course, you may be familiar with some of the common excuses such as; "No free time" because of tight lecture schedules!!!, and the need to focus on study alone. But if these excuses are set aside, the possibility of starting, growing, and earning from campus opportunities is enormous. There are lots of simple business opportunities available for grab by students on campus. Whether it is owning a mini printing center, hair salon, beauty salon, Phone and Laptop repairs, sale of food, and provisional items amongst others. They can be run during lecture-free periods, at weekends, or in the evenings after the day's activities. Despite the busy conditions in an academic environment, the patterns of these businesses make them quite easy to run in the little free time available for the student. Note that these businesses will not make you "rich", but they can set the foundation for acquiring entrepreneurial skills, making it easy for you to expand and succeed in the future, knowing what works and what does not. Though the following list of businesses may require deeper analysis, this article aims to give you a general idea of them and their endless possibilities for students. Let's check them out!!
FREELANCING FOR ONLINE SITES AND INDIVIDUALS
This business type is taking the top position as the easiest to start. With only Internet Data and a Smart Phone, you can find work online from some Sites to enable you to perform paid tasks from anywhere around the world. However, to benefit from these you must have some basic and more complex technological skills. If you are good in computer skills, graphic Design, Web Development, use of CAD software, Content Writing, Digital Marketing, Voice Acting, and others, then do well to check out those sites. For a list of such sites and their payment options, you may check the Top 14 Freelance Platforms supporting PayPal Alternative Payment Methods, 2022.
STARTING A CHARGING CENTER FOR PHONES, LAPTOPS, AND ELECTRICAL APPLIANCES
This business requires a lot of commitment of time and physical presence but works best outside the school campus or in an area having an unstable power supply. You can still start this business even if you stay on campus, however, you may need to employ a trusted individual to help run the enterprise, such actions need to be backed by appropriate legal documentation and signatures in case of theft. You will be needing a power generator, some Electrical Extension Boxes, or a locally fabricated one that can accommodate as many charging outlets as possible. Also, some tags may be needed for phone identification. Other items needed include; a lot of phone chargers to facilitate charging and a shelter for your business consisting of a storage area. The trending way of operating this business is to allocate and sell time-of-charging to customers, at the end of such durations you get paid. Usually, Charging Centers charge about ₦100 per 2 hours allocated. Where there is a power outage for long, students would troop into your premises to get their work done.
SALE OF SMALL PROVISIONAL ITEMS
These will be the most basic businesses to start amongst the others. Students are ever used to the popular Groundnut cakes known as Kuli-Kuli, friend Peanut, sachet Milk, sharp snacks like Sausage rolls, Fish Pies, Buns, and many more. You can start this business right away with as little as ₦5000, there's no need for you to prepare them yourself, simply arrange with local dealers around. For instance, you could purchase a plastic container from ₦600 and above, it can contain as many as 20 Buns snacks, other items you require include; small Nylon bags for packaging, a fork or two, and lastly, your transport fare to purchase the snacks. Fast snacks like Buns can be purchased for as little as ₦50 from the whole sellers, you could add a profit cost of ₦10 on each. When these are ready, you may take the snacks to each room in the hostel to meet buyers for a while until they can locate where you reside by themselves. A container full of 20 Buns at ₦50 each would fetch you ₦200 a day and ₦1000 in 5 days. The same tactics can be used for other provisional items mentioned earlier.
Other business ideas include the sale of Kerosine, Sugar, Corn flakes, and Custard.
SALONS FOR HAIRCUT/ FEMALE HAIR-DRESSING
Male students either shave their beards or have a haircut at least once in 2 weeks, you can start assisting them to achieve this for pay. Unlike a conventional large-scaled Barbers Salon, the main requirement for the startup is a Hair Clipper, an Apron, Hair Brushes, a set of combs, after-cut Sprays, Screw Drivers, Pliers, Electric Extension Box, Mirror, and a Seat for customers. All that remains is to step out of your room in the hostel in the evenings, early mornings, free periods, and at weekends, to attend to clients. A Nova Professional Hair Clipper is sold at the cost of ₦2840 and above, Electric extension boxes can be bought at ₦500 and above, while the sprays are sold starting from ₦1500. Female students can help attend to the similar needs of their counterparts for pay also.
OWNING A NIGHT FAST-FOOD JOINT
Are you a good cook? Do you have an interest in owning a food preparing business in the future? then this aspect is for you. If you live in Nigeria, you may have heard of the famous local cooks called "Mai Shai," they prepare fast noodles, bread and egg sauce, and tea for customers, other items on the menus of some local cooks may include Suya, cooked Rice, Beans, Milk and Shawarma. These are the items you will be dealing with. However, it is advised you start small to prevent many distractions in your study. All you need is some sets of kitchen utensils like cups, plates, forks, some seats and tables for customers, a gas cylinder with burner, renting a shelter for your business, apron, mini-fridge if required, small storage, and others. The cost of a gas cylinder can be from ₦8000 and above for a 3kg gas cylinder and from ₦9000 for the 5kg size. The enterprise can be run in the evenings and weekends.
OPENING A GAME HOUSE
PlayStations are becoming the game for most guys. This is why game houses are springing up everywhere to provide leisure and relief students from academic stress. The little issue with starting up here is that game houses mostly thrive off-campus than within because of possible sanctions when started without formal registration with school authorities. But no worries! You can start small with your computer(PC) by installing the app version of football games, and then Charges can be collected from your customers for a set duration of gameplay. In doing this business, the other items you will be purchasing are external game controllers. Otherwise, you could startup off-campus or employ someone to help run the business while you are on campus. The requirement to startup here include; a plasma TV with a price starting from ₦31, 000 and above, tables, seats, and a power generator set. On average, students patronize game houses every day in the evenings, with increased patronage at weekends or lecture-free periods.
GADGET REPAIR BUSINESS
This business requires some electrical/electronic skills to start. The training can take between 6 months to a few years to master, but if you already have what it takes, then go for it. Android phones and laptops are very common with students on campus, and they are also prone to developing faults. You can take advantage of this opportunity to assist individuals to repair their gadgets, and also sell the related accessories. Some requirements to start are; a Flat-head Screw Driver, Philips-Head Screw Drivers, cross-headed Screw Drivers, Hex Driver, Wire Cutters, Tweezers, Needle Nose Pliers, Part Retriever, Flashlight, Wire Stripper, Crimper, Soft, Lint-free cloth, small mirrors, Punch-Down tool, Scissors, Cable ties, Digital Multi-meter, Electrical tapes, and compressed air. If you want it big, you may need to rent a shelter or reduce the scale to be able to handle the works of your clients from your home. Besides the power generator, an estimated ₦200, 000 should be enough to start full-scale.
LAUNCHING A VIEWING CENTER
Viewing centers are set up for people to watch TV programs, especially football matches. Just like a game house, you can start this business off-campus by acquiring a plasma TV, some seats for viewers, Satellite Cable Network and subscription, and a power generator. The initial capital of around ₦500,000 is required to start, and the revenue potential is high
MINI PRINTING-PRESS TO HANDLE ASSIGNMENT PRINTING
Students are always given assignments by their lecturers which require printing, and they often crowd the premises of already established printing centers to get them done. you can stand in the gap and provide such services. Don't bother about owning a standard print center, you could run the business from the comfort of your hostel room. The only high-cost item here is the printer. A unit Hp DeskJet 2710 All in One Printer sells for around ₦26,500 and above, while An A4 Printing Paper can be bought at ₦3500 for a Ream. You can start the business by limiting the scale. A single page is usually printed around ₦50, and a photocopy is made around ₦10. A single Ream of A4 paper contains around 500 sheets. Photocopying that number alone will fetch you ₦5000. Other expenditures to be made apart from maintenance of printer may only be the subsequent refill of the printer ink.
OTHER SIMPLER BUSINESSES YOU COULD START AT MINIMAL COST ARE AS FOLLOWS;
1. Recharge Card and Data sale.
2. POS business.
3. Sale of Cloth Wares.
4. Sale of Gadgets- Calculators, Phone and Laptop Accessories.
5. Hair-dressing.
6. Dancing and performing in shows for pay.
7. Shoe and Bags Repairs.
8. Artist.
9. Sale of Academic Items.
10. Building your Music/talent on YouTube.
11. Starting a Blog.
12. Affiliate Marketing.
13. Doing student tasks for pay.
14. Getting item orders of students from other businesses.
15. Forex trading.
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