In the world today, the job market for fresh college graduates is becoming more and more unpredictable with each academic session that comes to an end. Many colleges and degree awarding institutions churn out graduates faster than the labor market can handle. Year after year, millions of college graduates join their pairs all over the world in search of jobs that aren’t just there. While the unemployment figures for college graduate continues to rise, finding the few jobs that are available for grabs has turned into a fierce competition among graduates.
For college students and fresh college graduates who want to stand out on their own as young entrepreneurs in the 21st century, here are the Top 10 business ideas you can start right out of college.
1. Start your own “Mini” Real Estate Agency
You can start your very own real estate business by offering property finding services to people who want a change of apartment or shop owners who want to expand their businesses to other locations. If you reside close to a college, you can also offer this service to college students looking for accommodation. The potential for making this business a success of this business is unlimited. All you need is some dedication. You can spend your spare time searching for vacant houses around your neighborhood and listing them on flyers along with your contact details so that people who are in need of such accommodations can get in touch with you.
2. Become a Personal Coach
If you were good at a particular sport while in college, then becoming a personal coach is another wonderful way to start a business right out of college. There are lots of people out there seeking to be trained in a new sport. Some just want to burn their idle time by trying out a new sport just for the fun of it. However the case may be, it’s your goldmine for a business opportunity. It doesn’t matter if you are giving swimming lessons to a kid or teaching a bank executive how to play tennis, becoming a personal trainer in any sport you are perfect in is another good business idea you can start right out of college.
Related: Starting a business with no capital
3. Setting up a Social Media Consultancy Agency
Setting up a social media consultancy agency is another business idea you can start right out of college, especially if you possess excellent communication and marketing skills. Most small business owners often have to handle their own social media marketing, but with so much responsibilities and very little time to get things done, most of them outsource their social marketing needs to media consultants. As a consultant, you get to help them decide on the best strategies for their businesses, to create and post content for your clients’ target audiences, etc. The beauty about this business idea is that it is not restricted to small business owners alone, even large organizations outsource their social media marketing needs to consultants from time to time.
4. Start a Tutoring service
Setting up a tutoring service is another good business idea for any fresh college graduate who is looking to earn some money while still on the job hunt. If you were excellent in certain subjects while in college, you can make a lot of money by offering to teach people who are having problems with those specific subjects. You can tutor college students who are having problems in certain areas of their studies or high school grad students preparing for their SAT exams. Another wonderful way of expanding this wonderful business idea is by creating and packaging tutorial materials on your area of expertise and selling them online for extra profit.
5. Start a Dog Walking and Pet Grooming service
Quite a lot of people love pets, most especially cats and dogs. In fact there’s hardly ever a house you will come across in the United States without a pet. Many dog owners love their dogs and want them looking smooth, well-groomed and smelling nice. If you love handling pets and being around dogs, then you can start a dog walking and pet grooming service as a fresh college graduate. The remarkable thing about this business is that it requires little or no capital. All you need is your spare time and a few bucks advertising your services around the neighborhood.
6. Start a Barbing and Hair Styling Salon
If you are skilled in the area of barbing and hair styling, you can start a business of your own as a fresh college graduate by providing hair cuts or hair styling services to people in your neighborhood. Acquiring the skill to become a barber or hair-stylist doesn’t take too long, and it’s a skill you can learn while in college or immediately you are out of college. The essential thing is being able to provide superb service to your customers time and again. You can even decide to take this business a step further by providing exclusive home services to clients who are either too busy or reluctant to hit the salon.
7. Become a Personal Fitness Trainer
In the society today, keeping physically fit and healthy is an essential part of maintaining a healthy lifestyle. However, due to their busy schedules, not many people have the time to visit the gym on a regular basis. As a fresh college graduate, you can set up your own business by being a personal fitness trainer to people who want to keep fit. Many would willingly pay for the services of a personal fitness trainer who will train them regularly at home. You will definitely find this business very easy to run, especially if you are passionate about health and fitness while you were in college. This is definitely another business idea you can start right out of college.
8. Become a Content and Freelance Writer
Thanks to the social media and new wave of digital marketing, many businesses are looking for skilled and creative writers to produce top-quality contents for their businesses and other media outlets. If you have a way with words and are passionate about writing as a fresh college graduate, then you can start your very own content writing and freelance service. If you are an excellent researcher with the ability to find and organize quality information about any area of interest to your clients, then this will also serve as a plus in building this business idea. Go ahead and check Freelancer.com, Elance and Fiverr to see the most popular fields for contract work.
9. Start a Home and Office Cleaning Service
As a college graduate, you can make lots money from cleaning homes and offices by setting up your own home and office cleaning business. Most people, due to their tight schedules are often too busy to clean up their apartments and offices by themselves. A good number of them simply outsource this responsibility to other people so they can have time to focus on other aspects of their daily lives. This is another opportunity for you to start your own business by providing cost effective cleaning services to them.
10. Selling Handmade Crafts
Are you a graduate just right out of college, with a penchant for jewelry making, knitting or creating other small crafts? Selling these handmade crafts for profit on the internet is a very good business idea you can develop as a fresh college graduate. Once you can produce a lot of items quickly, you can open up an online storefront on ebay and sell your creations to the public. The amazing thing about this business idea is that the startup capital is extremely small. If you are able to purchase your materials in bulk from a trusted supplier and deliver orders on time, then you will surely be in profit in no time.