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Thread: Student Business

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    Student Business

    Hi Guys,

    This is my first post on here, been reading thorugh the amjority of the website and I must say its nice to be able to read some local content.
    Im currently a 2nd year B.com Supply Chain Management student, and have already set up an online business, but being at varsity and listening to all the studnets always looking for money or ways to make money, I would like to set up a business where you employ studnets.

    I have pretty basic ideas such as a pool cleaning service. What other ideas could possibly work that i can start on a small scale with the possibility of expansion later on?

    Thanks

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    Diamond Member AndyD's Avatar
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    Hi Renrew, welcome to TFSA.
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    I have a few people that work on a refferal basis - they would refer someone to me that is interested in either electric fencing or access control etc etc - I would phone them and take it from there - if I can get the job I give them a percentage commission. Obvioulsy this is a trust thing, but we are all clever enough to know that if I do not pay them my leads would dissapear. This might interest you in making some extra cash .......... but I am talking about the JHB area only, not Pretoria.

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    Gold Member Mark Atkinson's Avatar
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    Hi Renrew, welcome to TFSA.

    Always nice to see other entrepreneurial students!
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    Thanks for all the replies guys. Just to clarify i am not looking for work myself, i would like to set up a small business where i use students as my work force.

    I dont have a set idea on what i would like to do, as the majority of the service businesses i considered already saturate the market or makes it to difficult to be able to sustain a competitive advantage over the other companies.

    Now students are generally willing to work for cheap so I would prefer to employ them into a service business, where they wont need specific skills. Do any of you have some ideas?

    Thanks for the help!

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by renrew View Post
    I dont have a set idea on what i would like to do, as the majority of the service businesses i considered already saturate the market or makes it to difficult to be able to sustain a competitive advantage over the other companies.
    Welcome to the real business world
    It's competitive. Get used to it.

    The good news is if you play the game right, you can make money anyway.

    Mark's a good example. Aren't there enough website designers in the world already?
    Sure there are.

    He's still cracked some business, in a highly competitive market, and got good reviews for the work Red Giant has done too.
    The trouble with opportunity is it normally comes dressed up as work.

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    Mark Atkinson (24-Nov-11)

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    Gold Member Mark Atkinson's Avatar
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    Quote Originally Posted by Dave A View Post
    Welcome to the real business world
    It's competitive. Get used to it.
    Damn right. You will almost always have competition. Just make sure that you're offering something, a USP, that your competitors aren't (better price, better quality, different features, better customer service, different target market, etc.) and eventually you will make a name for yourself. If you do exactly the same thing as your competition, then you're in trouble.

    This applies for any kind of business. Heck, you could start up a car wash and still differentiate yourself from your competitors somehow. On that note, I'm still waiting for a "Babes in Bikinis" car wash to open up nearby.
    The key is to find something that you love doing or are good at and figure out how you can make money out of it. Find out who your competitors are and what they're doing, then do it better.

    Just don't become a web designer. 'Nuff of those around already.
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    Diamond Member wynn's Avatar
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    Start a 'Bring your own booze tjisanyama' all you need is a cheap venue a fire and seating? you sell meat, salads, potato bake, paper plates, crisps and cooldrinks on the side
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    Junior Member enos's Avatar
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    hey wynn. funny. i had the thought in mind. lol i even created a business plan for it.. but mine will have a bikini babe car wash.

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    Quote Originally Posted by renrew View Post
    Thanks for all the replies guys. Just to clarify i am not looking for work myself, i would like to set up a small business where i use students as my work force.

    I dont have a set idea on what i would like to do, as the majority of the service businesses i considered already saturate the market or makes it to difficult to be able to sustain a competitive advantage over the other companies.

    Now students are generally willing to work for cheap so I would prefer to employ them into a service business, where they wont need specific skills. Do any of you have some ideas?

    Thanks for the help!
    As an idea you could start a small promo company which basically works this way: BTW it's not a new idea, but is quite suitable for students

    1)You approach larger companies esp if they want to launch a new company/push a product. Lets say philips want to push a new kitchen appliance.

    2) you then set up a display in one of the larger stores and manned with students, demo and push those products on a Saturday morning.

    Of course can also be done at markets and festivals.

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