Best Online Business for Students as Alternative to Scholarships

Best Online Business for Students For Passive Income

There is always a time for a new thing, and this is the right time to search for Best Online Business for Students and so far they are legitimate. Many students miss out on life-changing opportunities because of “I don’t care” attitude to learn, unlearn and re-learn, students miss out on opportunities also because they don’t get their information from the right source.

Rightful and useful information is robust; it can change your life, dreams, and career. Here are the top ten online business opportunities for students as an alternative to scholarship.

Scholarship Opportunities For Students: scholarship scheme are great opportunities many students miss out, fully-funded scholarships from an organization.

These are scholarship schemes that has transformed and changed the life of many students across the globe but not all the students get these scholarships.  Also, some students are qualified but don’t get the scholarship due to one reason or the other like incomplete scholarship requirement and eligibility issues that deny many students the funding opportunities.

Here are several online business alternatives that can help re-brand and change your life story.

Business Grants for Entrepreneur and Student

Are you creative and innovative? Do you have a business idea that needs to be financed! Do you want to be productive as a student entrepreneur? Business grants and opportunities have been award to potential and determined entrepreneurs.

Most of the business grant has been offered yearly, below are some organization that awards business grant for the student that are innovative and creative

Top 6 Business Grants & Funding For Entrepreneurs

  1. Tony Elumelu Entrepreneurship Programme (TEEP)
  2. Bank Of Industry (BOI)
  3. GroFin Fund
  4. Diamond Bank BET Programme
  5. AYEEN Financial Grants
  6. YouWIN Connect Nigeria

These are some of the available platforms that offer grants to students, enhance the need for getting the right information from the right source about these grants is needful

CAREER MENTORSHIP: As a student, in respective of your course of study, the need for career mentorship is necessary. Career Mentorship is someone who reciprocal and collaborative at will.

A relationship that most often occurs between a senior and junior employee in the same field of study within a company or organization.

Every good student needs a mentor in his/her area of study to have good success in life and destiny.

Keys in Career Mentorship in an Online Business

There are some certain keys we need to know in choosing our career mentor, a mentor is someone you look up too, has positive track records in life, understood systems, laws, and principles. Five keys needed to choose a career mentorship

  1. Excellent relationship and intimacy with the person you wanted to be your mentor; it is necessary and desirable to know, understand, have good knowledge and information about your mentor.
  2. Law of honour: honour is a vital key we all need to possess, many students don’t honour their mentor, and they want to be mentored by that same person. It is impossible!
  3. Determination and Dedication Are also keys needed for good career mentorship, and some student is not determined to follow up with their mentors.
  4. Commitment: commitment is a virtue most students need to cultivate in having a good mentor in their career.
  5. Law of Value: Everyone in life needs to be valued and appreciated; value is also needed in choosing your career mentor. The person you don’t value and appreciate cannot be your mentor.

Online Business for Students as Alternative to Scholarships

Have you identified your potentials and skills? Do you have a hobby, a passion, or an exciting life? Are you knowledgeable about something many people struggle with?

Are you good at writing and entrepreneurship? Do you want to be a problem solver and use your hidden gift and talent to make life useful for yourself?

If you’re up for the challenge, you’ll be able to build long-term skills, that you can turn into a career into great wealth.


There are so many companies that need online marketers to advertise and also sell their products across the world. Your service is needed by most of these companies in reaching out to them via the internet.

This is one of the existing online business opportunities for most students across the world. E.g., Amazon, Jumia, E-bay, etc. however, these companies have utilized the power of online businesses to transform their companies positively; they have been rank as top online successful business organizations.


One significant online trading business in the world now is Forex trading. Forex trading is one significant online business opportunity most students venture into, which has made much wealth.

Forex trading is an online business that needs intensive training, understanding, and knowledge.


Blogging is all about writing. Useful information and content are posted for the viewer to gain access and read. With a service like a blogger. You can also create your site and secure your hosting for a low price. This is  generally the route that is recommended.

Blogging is also posting original content that is useful to your target audience and to post on a regular basis.  And this is the best way to get ranked in the search engines and to also get your audience to take action.

You can make money in a variety of ways with an online business blog. And in this Blogging Demo Course, we have explained the basic things you need to know about blogging and how to get started.

READ ALSO: How to Make Money Blogging: Download Blog to Bank (eBook)


YouTube is one of the most excellent online platform students can make use of in getting money into their pocket.

It is one of the world’s most popular websites, with more than 100 million users watching video each day, you make money with ad revenue.

The first step is to create a youtube account and start uploading useful videos, and then you enable monetization on your youtube settings.

However, this gives Google the go-ahead to include short AdSense ads with your videos. Which you have seen if you have watched a youtube video. When viewers click on those ads, you get paid.


Is not about using the internet to buy and sell but using digital information products are the easiest and quickest ways to make money, most popular forms of information products are;

Video: an interview, a recorded webinar
Text: an instruction booklet of some sort, an e-book, a travel guide, etc..

Audio: a recorded teleconference, interview, course, etc.

In each of these stated categories, you can get creative and make any type and format of content, as long as it is engaging, useful, and meaningful.

All you have to do is check the sales periodically to see what topics or types of products are selling best so you can make more of those.

The comment sections below are designed to help you air your views, ask questions and connect with the right resources to get started.

From all of us at Jobreaders, we wish you a mind filled with wisdom, inspirations and ideas. But ultimately, the will to take a bold step in this era of global economic crisis.

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