Completing your studies successfully is a significant achievement for any person. After this critical transition from a student to a civilian, the reality of how life is outside school comes into light. It becomes imperative for a student to get a source of income as part of survival. Pocket money from parents becomes a thing of the past. This pushes one to try as hard as possible to make both ends meet.
As afresh graduate and with no experience to show to potential employers, it proves hard to get a job. The most prudent thing, perhaps the last resort, is coming up with a business venture that will yield fruits in the due course. Below are simple businesses a fresh graduate can start and succeed.
Small Scale Importation Business
We all may be aware of the challenges that one can go through during importation of resale products. They have to go through the authorities to be checked for conformance to quality standards, and this may take a few weeks. Amidst all this, one can still make money out of such a venture.
If done in small scale, it may be less tedious and less risky. Actually, one can import consumer goods that purchased by most college students. Do not forget that most of the people you know and can form a broad customer base are back in the university you graduated from.
Selling Snacks
This may sound funny and maybe more demeaning to the academic qualification you just attained. Anyway, do you have any other option? Buying snacks in wholesale and re-selling can prove to be a real deal. Moreover, one can cook some and sell them while they are hot.
You can even offer the door-to-door delivery service. I guess you know where Colonel Sanders of KFC started. One rich man once said that the world does not need to know what you passed through to get rich, so just get going!
Make Online Ebooks
Over the last decade, technology has presented the world with the biggest market ever, the integrated global village. You can make eBooks covering topics that has rampantly affected the larger part of the world’s populace. This can be a long-term engagement which can really help you earn huge lump sums. Selling online is now easy because of the various online-based platforms.
Office to Office Sales Activities
Going around selling items on the streets is totally impossible to a graduate. You can do business with the employed class of people just to make you feel that you are doing the right thing. Carry your products in a backpack and move around offices to make sales.
This can be one venture that will not fail you. Most of the workers at the offices know what they want and will buy it at first sight. Your business will eventually turn to be an order and deliver business.
Start Online Marketing
Social media platforms have become better venues of carrying out marketing activities especially for targeted marketing. A fresh graduate can approach relatively small and growing companies and give them a proposal for online marketing. It is an easy job and will give returns within a short time.…
Finance management plays a major role in determining the success of the business. It is common for people to expect instant profits but with little money. One should understand that the profits are not instant and it requires patience before one begins to see a return on their investment. When starting a business, have enough money that will sustain you for at least two years so that you have enough to keep you going.
Lack of skills makes it difficult for one to manage the business. One should have knowledge of the industry they are entering. This includes knowing the competitors, target markets and the trends of that industry. The knowledge only is not enough; one will need skills to know how to tackle the issues in the industry. One should ensure they carry out research, get information from other business owners and also read the relevant books on the same.
aside some time and looking at the hard numbers. This could be very exhausting but it is important for you to do this task.
out there is ROI for a particular expense, determine whether it is the ROI you anticipated. If it is not, you need to carry out some research. Are other companies providing the same service or product? Ensure you find what works for you best. Remember that you will need to compromise some few benefits. Ensure you determine the must have features first.
