5 Business Ideas for Young Entrepreneurs

5 Business Ideas for Young Entrepreneurs Do you have plans in starting your own business? Well, you should think about great business ideas to learn and invest in. While you are young and productive, use it by starting a business that can help you for a lifetime. The perks of having an investment in the […]

5 Business Ideas for Young Entrepreneurs

Do you have plans in starting your own business? Well, you should think about great business ideas to learn
and invest in. While you are young and productive, use it by starting a business that can help you for
a lifetime. The perks of having an investment in the early years are that you can handle more of your time,
money, and even your decisions. It’s important to make a plan and feasibility study first before entering
your own business. Looking for a business that fits your budget and passion must be hard to find.
That’s why we created a list of business to start for young entrepreneurs like you. You can start these
businesses cheaply and budget-friendly.
 Blogging/Vlogging
This is a great way to share your ideas and information with people around you. It is one of the
effective things used by companies to influenced and promote their brands. Both blogging and
vlogging can use by individuals for a website, and you can earn a salary in a short time.
For well-known bloggers or vloggers, this is their first source of income. However, you should
first establish your name and choose a perfect medium in every journal and video you make.
The key in this kind of business is you have to impact your audience by giving them a new
knowledge and platforms that can help the people depending on their needs.
To start this business, you might need a computer/laptop, camera, and a website or YouTube
channel.
 Tutoring
If you are an aspiring Math or English teacher, you can use your skills and knowledge through
online tutorial. You just simply need a computer or laptop, internet connection, and a website to
market yourself. There are also a lot of online tutorials that will find or offer you a client to
teach. Usually, you can charge up to 100 dollars per hour, depending on your lessons or
teaching.
 Event Organizing/Planning
Your ideas and creativity is a must if you are planning to have your own event planning business.
Some people enters this business has background with event organizing and it becomes their
passion. Before you start this business, you have to study and gain experience by attending
event planning seminars. This could be helpful for you to figure out and define what event
planning services you will offer.
You can start an event organizing business with your colleagues or friends, since this might be a
little bit costly and expensive.
 Photographer

We are used to photography as a person’s hobby, but in fact, this could be good business for us.
If you already have the camera and skills to take a great angle of photo, it is the time to make
your hobby as a business. When a friend or relative invite or offers you to take a photo in an
event, you may grab the opportunity to market and advertise your photography skills.
To get more clients, upload the photos you captured in an event though social media’s. You can
start by creating a Facebook Page, Instgram, and Tweeter. Those are the great tools in earning
popularity and also prospect clients.
 Franchising
There is a lot of franchising company here in Philippines that you may start right away. The main
advantage and benefit of having a franchise business is you already have established and
planned systems that will likely success. It’s no surprise that entrepreneurs considered opening
a business through franchising.
You can find a franchising company that offers different products and packages that fits your
budget. Usually, franchise package ranges from 30,000 and up.