At this time when economy is biting hard; squeezing parents and stretching them to limits, it won’t be wrong if students source for ways to assist their parents to augment their stipends.
One of such ways to do this is to look for easy means of making money on campus while not compromising your studies.
Here are some money-spinning businesses students can explore:
Students can try their hands in opening mini barber’s shop around their hostels, or network for kiosks through the students union government, or look for any available space on the campus.
Such a student must have gone through training in barbing such that he can craft lots of hairstyles.
He needs equipment like hair clippers, chair, beard and nose trimmers, hair kit tool box, professional scissors, brush set, neck and hair brush, shaving gel, apron/gown and generating set. A barber on campus can make close to N4000 daily.
- Out of his Academic schedule, a student can supply handmade goods on the internet through social media platforms like Facebook ,YouTube ,WhatsApp
If you are skilled in artworks like designing greeting cards, gift items, painting and carving, then you will be smiling home as a student. However you will need to promote your business on the social media such as Facebook and Instagram.
You will earn enough money when you resell items like clothing materials, ceramics, shoes, etc, either physically or through social media.
Proofreading and writing
If your natural endowment is to spot errors in written materials, or write well enough, then you’ll thrive here. You can be a ghost or content writer, and can as well freelance or proofread for others at certain fees.
Cake baking and confectionery
As a student you can set up a cake making and confectionery on the campus. All you need is to create awareness and get necessary equipment that will facilitate the trade. You need not rent a shop. You can make use of your room/hostel or any available space. These equipment will be very important to get: kitchen stand mixer, rubber spatula, digital weighing scale, stainless steel mixing bowl, oven miters, cake turntables, spatula knife, oven thermometer, etc.
Mobile banking business looks profitable now that crowd of people are no longer welcome in the banking hall.
All you need to do is register with mobile banking agents or providers who will link you up and supply you with a Point of Sales (PoS) terminal. You need equipment such as PoS terminals, smartphones with internet connection and a standby generating set. Meanwhile you need to be trained also.
Hair Plaiting/ Braiding
Another profitable business on the campus is hair plaiting or braiding. However you need to have been trained on this. You should to be familiar with different hairstyles to make headway. You need these equipment: IPC sponge hair braider, hair sticks hairpin, ponytail holder and bun maker, synthetic fibre and many more.
A lot of money can be earned through photography. However it requires that you should be able to handle the camera with dexterity. You need to get these tools: digital camera custom lighting solutions, studio backgrounds, Adobe lightroom & photoshop, advanced preset, colour management, etc.
Computer Business Center
Students can earn as much in setting up business center, but you must have standby generating set, photocopier, computer sets, handset, printers, shredders, staplers, rim of A4 papers, etc.
All these businesses can be profitable but you also must give adequate attention to your academic responsibilities.