Many Tanzanian university students rely on loans from the government for their survival. However, you can live a good life in the university by doing small businesses during your free time. There is always a ready market due to many students, especially when you are social and have many friends. Think of things to sell to university students in Tanzania and then get started. This article will provide you with profitable business ideas you can start while at the university.
Start M-Pesa Shop: Best Idea For University Students
Although an M-Pesa shop is expensive to start for a university student, it is something you can make huge profits from if you can raise startup capital. The M-Pesa business thrives well in densely populated areas. Again, students make a lot of money transactions when they receive money from their parents. With around Tsh 500,000, you can start the business. It is one business that will never miss customers in university.
Barber and Salon Business
A salon business can be time-consuming, but it is something worth venturing into. You can employ a person while you attend your lectures. For a barbershop, it is easy to start and operate when you don’t have lectures. You can also employ a person to leave in your business when you have classes. Your fellow students will be willing to try your service and if they like them, they will refer their friends.
A cyber café is among the best small business ideas you can start at the campus. Many times students require internet connection, photocopying and printing services. You can rent a small store within the university premises or operate the business from your hostel. Let your course mates and friends know you are offering the services and within a few days, you will have many customers.
Selling vegetables is among the best business ideas for university students. Students don’t like eating in hotels since it is cheaper to cook. You can start selling Chinese, tomatoes and spinach door to door in campus hostels and private rooms. Leave your contacts to your customers and anytime they need some, they can call you. You can also opt to rent a stall within or outside the university premises.
Video Games like PS4
PS4 is one of the most played video game in Tanzania making it one of the best small business startup ideas for students. You can start a business within your hostel without having to hire premises. Students like playing PS4 and within no time, you will have many customers through referrals. You need a screen, gaming pads, PS4 console. If you have a laptop, you can start with it and raise capital to buy a PS4 console.
Selling Cakes and Mandazis
Most university students prefer preparing breakfast from their hostels instead of buying from hotels. As such, you can be waking up early and distributing snacks in the hostels. If you can prepare them, you can make more profit, unlike buying snacks in wholesale and distributing them. Students will refer more customers to you if they like your snacks.
Freelance Writing and Blogging
With free Wi-Fi in most universities, you can take advantage and start freelance writing. You only need to have a computer, internet connectivity and freelance skills. Many campus students participate in freelance writing and you can learn from them if you don’t have the skills. Research about the best freelance websites like Upwork and Fiverr and then sign up for an account. Freelance writing is one of the small business ideas that will you get you an extra coin while in campus.
Trading in currencies can be a risky business, especially with limited finances. You need to have good analytics skills and be knowledgeable about how it works. You can get tutorials online and learn how the business works. You can also get training from your peers. Make sure you are knowledgeable enough before you can start Forex trading.
Selling Beauty Products
Many university students want to look smart and stay up to date with what is trending. This makes the cosmetics and beauty business one of the most profitable businesses at the campus.
You can sell cosmetics like mascaras, hair treatment products, skincare products, weaves, manicure and pedicure products. Carry them whenever you are going for a lecture. After lectures, show them to your course mates and many of them will buy. After some time, you will have made a name for yourself in this cosmetics business. After some time, you will have customer referrals if students like your products.
Fast Food Café
During the day, most university students usually have lectures and many prefer buying fast foods. You can start a fast-food café to sell foods like chips, snacks and soft drinks like sodas and yogurts. Get a location near lecture halls like within the student center. You can sell other items lie airtime and sweets. It is one of the best business ideas in Tanzania.
Selling Second Hand Clothes (Mitumba)
Selling mitumba clothes is also among the best business ideas for students. You can buy mitumba clothes in wholesale from markets within Nairobi and Mombasa and start selling them to your peers. If you are around Nairobi, you can source mitumba clothes from the Karume market, if around Dar es Salaam, there is the Mlango Moja Mwanza market.
Start a Pool Center
The pool center business is probably one of the easiest business ideas for students in Tanzania. You do not have to be there since whenever students want to play, they will need to unlock the pool using coins. Your work will be to collect the money that has been credited into the pool in the evening. It is addictive and you can grab this opportunity and make profits from it.
With most students busy with their course work, most do not have the time to clan their clothes. You can help them to clean their clothes at a fee. You can do the cleaning manually, or you can start a dry cleaning business. It all depends on what works better for you and your financial capability. It is one of the most lucrative business ideas for university students since it does not require startup capital.
A movie shop is also among the best small business ideas for students. During free time, most university students spend their time watching movies. You can start a shop to sell movies. You only need to have a computer or a laptop with a large storage capacity. Even without a stall, you can operate the business from your hostel. Once you have many customers, you can then open a stall. Let your friends know that you are selling movies at discounted prices.
Investing in the above business ideas for college students in Tanzania will help you raise pocket money for your personal needs. You can make extra income by doing small businesses in the university during your free time. Luckily most of the businesses do not require substantial capital startups and there is a ready market. However, you need to balance between academics and your business.