As a black youth and college student, There’ll be restrictions around start-up money and time. But the good news is that there are online businesses that don’t require these.
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With your skills and internet connection, you could build a new income stream. These online business ideas can work around your time, allowing you to make money while schooling.
Below are the 10 online business ideas that empower black youth and students
1. Live Stream Video Games
If you’re a video game lover, you can turn your skills and passion into a money-making venture by playing it to an audience. You get tips and donations from people watching you play online.
Besides that, you can work your way up to paid subscription. This option allows people to subscribe to your channel for a fee. You can also make money via sponsorships, where brands sponsor your streams.
There are different ways and platforms you can use to make money off your video game-playing skills and establish yourself as an authority in the gaming industry. You just need to put in the time and effort required to put yourself out.
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2. Become a Social Media Ads Specialist
Another online business idea that can empower black youths and students is becoming a social media ads specialist. The number of social media users is growing daily.
It grew from 4.62 billion in January 2022 to 4.72 billion in January 2023. Owing to this growth, brands now take their marketing messages to social media. This has increased the demand for social media ads specialists.
As a social media ads specialist, you’ll create and manage adverts on your client’s social media accounts (Facebook, Instagram, LinkedIn). Even if you don’t have the skills, you can quickly take a few courses online on platforms like Alison and Coursera.
3. Buy and Sell Domains
Domain names are hot products in the digital space today. The $16 million sale of ‘insure.com’ to Quinstreet in 2009 may have been a record-breaking deal, but even longer domain names are regularly sold for hundreds of dollars daily.
As a black youth and student, you can buy domain names at cheaper prices and sell at a good profit margin. You need to learn to find valuable ones, especially expired domains with good backlinks and page authority.
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4. Become an SEO Expert
Becoming an SEO expert is one of the hottest professions in today’s digital world. Almost all businesses want their websites optimized for search engines.
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But not too many people can do it. If you decide to take the profession, you can offer services like link building, e-commerce SEO optimization, content creation, and similar one-off packages.
5. Remote Customer Service Agent
If you love to help people but don’t want to be stuck in an office or call center all day because of school, you can become a remote customer service agent. This allows you to help people from home.
You can choose between helping people via video, phone, email, or live chat. While this may not make you millions of dollars, it will help you make money to support your education and other future endeavors. You can find remote customer service agent jobs on Indeed, We Work Remotely, and LinkedIn.
6. Online Researcher
You can also get paid for searching the web for information. This may sound like a too-good-true option, but many people successfully earn from the skill. In this career, you can work as a contract employee, freelancer, or direct employee of a company.
What you need to excel in this profession is excellent computer skills and a strong understanding of how to use search engines like Google and Bing. This will help know how to access industry publications and scholarly research. You also need data analysis knowledge since you’ll need to read and interpret the resources you find on the internet.
7. Resume Writing
Putting a winning resume together is like rocket science to many. If you’re a wordsmith and know how to sell people’s best qualities, resume writing will be a great business idea for you. Besides writing the resumes, you can also sell good resume templates that’ll help job seekers land their dream jobs faster.
8. Speech Writing
Giving speeches is terrifying for most people. Plus, no one wants to give bad speeches. That’s why they seek professional writers to help them write it. If you can write, cash in on this skill by writing speeches that make weddings, birthdays, political debates, and award-winning ceremonies a more memorable experience.
9. Affiliate Marketing
Starting an affiliate marketing business is another great option for black youths and students. It involves promoting products that other merchants sell. When you register to become an affiliate, you’ll receive a referral link or promo code, which you will use to promote the offer.
You’ll receive a commission when people buy the product using your referral link or promo code. You can promote your affiliate offers using social media, email marketing, blogging, and advertising.
10. Remote Sales Team
As many businesses look for ways to cut costs, outsourcing telesales and cold-calling tasks are gradually becoming the norm. As a remote sales team representative, you will constantly sell products or services via the phone and other online platforms. Remote sales representatives do the same job as traditional sales reps. The only difference is that they do it remotely.
These ten online business ideas offer valuable opportunities for black youth and students to chase entrepreneurship and make money while still in school. With their unique talents and determination, they can build thriving businesses while contributing to economic empowerment and fostering a brighter future.
People Also Read: 10 Tips for Building a Successful Online Store as a Black Entrepreneur
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