Starting entrepreneurship while studying is a confusing decision to make. Your parents, teachers or friends might not be a big support to this venture. They might have reasonable doubts and worry that if the decision ruins your education. Some people might question whether you have what it takes to succeed because you are young. So, becoming a student entrepreneur is a challenging decision.
But the question your parents have and their worries about your education are valid. Will you be able to handle your studies with business? Won’t it put too much pressure on you? What about the risk, capital or investments? So, we can’t blame the people around us for being concerned about us and our future. Instead of being stubborn, it’s important that you think about all these aspects of the business.
Are you confused and worried that starting a business won’t go as you expected? Well, there’s no need to worry as long as you are starting direct selling. A traditional business is not an easy option for a student. The capital, need for investors’ support, and lack of flexibility is all a struggle and will be almost impossible to manage. On the other hand, direct selling is flexible and cost-effective, and you can lead it successfully while studying.
So, wondering how to get a kick-start as a student entrepreneur and successfully balance the work and studies? Then you are at the right place.
5 Steps to Become a Student Entrepreneur
Do Your Research
Direct selling suits student entrepreneurs well. The business is flexible and cost-effective, making it the best option for students. There are many ways you can make the business less burdensome. It could be setting small goals, moving slower and not rushing, scheduling and getting help. Creative and smart work can make the business so much easier.
A direct selling business is the best way to get kick-start in business. So, if you have an original idea for entrepreneurship, but doesn’t have enough money to fund the idea, don’t lose heart but give direct selling a try. If you start direct selling while you are still in college by the time you are graduate, you will have valuable connections, expertise, skills and financial security.
Pick a Good Direct Sales Company
The first step research is about whether you can manage the business or not. But research is much more than that and it should help you pick a direct sales company. Learn about the top companies in India, and choose one that matches your vision. Consider the company reputation, products, services, compensation plan and more aspects before picking a company. Know that, the company you do direct selling will have huge effect on the business success. Consider all the major aspects and choose a company. Take your time to finalize your decisions. Learn about top and international companies like QNET to start the business with.
Present the Idea to Your Parents and Close ones
As a student, it’s better to have the support of your parent and people who have experience in the business. So, talk to your parents about direct selling business opportunity. Present them the business plan, its accessible feature, and let them know you will be able to handle the business with studies. Also, talk with your friends, teachers and people in business to make a good decision. The ultimate decision is yours, but it is always good to ask for advice and listen to your parents.
Know Your Target Audience
Your target audience are the people whom you are looking to sell the products too. As the sale of product determines your profit, choosing the right customers is something you should do before starting a business. As you are a student, it’d be better if you focus on others students and young adult. Buying your product not only give them products worth the money, but also a chance to start a business. So, the company you do business with should have products that attracts students. As you are also a student, you will be familiar with the trends and interests of young adults. So, know about the target audience and create the business plan in line with that.
Create a Team of Like-minded People
In direct selling business, a person has two sources of income. One is from sale of products, and the other is network growth. So, when you sell the product to your friend or a customer, they have a chance to start the business. They can join your network or remain as a customer. For people with business aspirations, joining a network is the best chance to become a business person. Through your network, many people can make their dream come true, earn a pocket money while studying and learn business.
When you buy the company products, you made the investment. After that you can start reselling and earn profit. Of course, there is a registration process in between buying products and selling it. But it is simple and easy steps and you can register online for all the best companies. Buying products and registering at QNET India official website gives you the chance to become a student entrepreneur with Asia’s leading direct selling company.
