As a college graduate, you probably want to get more exposure by working in society. However, not everyone wants to work under someone else. In fact, side hustles, freelance work, and self-run enterprises are increasingly popular. It also offers a plethora of ways to make a living from outside the confines of a cubicle. Here are some great low-cost business ideas for college grads in Malaysia.
Business Ideas For College Grads in Malaysia
1. Content creation
Thanks to social media and the 24-hour news cycle, creative individuals like writers and graphic designers can use their talents to produce high-quality, shareable content for businesses and media outlets. A growing gig economy of freelance and contract workers makes it easier than ever to market yourself as a professional freelance content creator. This can also be a great way to build up your skills should you choose to seek a full-time job later on. To help yourself stand out, make sure you have an idea of your brand, how you want to market yourself and how you want your skills to be used.
2. Graphic design
Are you a whiz with software tools like Adobe Illustrator or Photoshop? Many small businesses are clamouring for affordable access to professional brandings, such as logos, banners and signs. If you’re about to leave college with a toolbox full of graphic design skills, consider launching a freelance design business that caters to other entrepreneurs. Once you establish a network of contacts. Together with a reputation for quality designs, you can leverage past work into new jobs. You can possibly even set yourself up with a full-time job right out of college.
3. Handmade crafts
Do you have a knack for knitting, making jewellery or creating other small crafts? If you can produce a lot of items quickly, you can open up an online storefront and sell your creations to the public. Startup costs are extremely low if you purchase your materials in bulk from a craft supplier. If you can turn orders around quickly, you’ll make a profit in no time. You could even turn your store into a full-time gig. Websites such as Etsy, Bonanza and ArtFire are great places to sell your work, and a supplementary Instagram account can help drive traffic to your online store.
4. Electronic repair
In today’s tech-obsessed world, most people use smartphones, tablets and laptops daily. With this constant usage, there’s a good chance that at least one of those devices is going to crash or break at some point. If you’re a techie who can fix these issues with relative ease, you can offer to repair people’s electronics for cheaper than what the big retailers charge. Start by marketing your services to students. Especially those at your alma mater who don’t want to wait for the campus IT department to fix their hard drives.
5. Event entertainment
If you spent your undergrad years tinkering with sound-mixing software and staffing the DJ booth at your college radio station, starting an event entertainment company could be the right path for you. You only need your music collection and your laptop. With those, you can get people out on the dance floor at weddings and birthday parties. Otherwise, you simply provide background music at more casual events. DJ equipment is a big investment. However, plenty of companies offer daily rentals of speakers, subwoofers, and other accessories that you can use until you save up enough to buy your own.
6. Fitness instruction
Were you constantly hitting the gym after class? Turn your passion for fitness into a lucrative job by becoming a fitness instructor or personal trainer. You’ll have to put in a small amount of time and money to get certified, but organizations like the Aerobics and Fitness Association of America offer online certification programs that you can complete at your own pace. Once you’re a certified trainer, you can look for openings at local gyms. Another option is to work one-on-one with clients at their homes. You can also find numerous programs for certification to teach fitness classes such as yoga or Zumba.
By using these business ideas for college grads in Malaysia, you can start up your own business without needing to get hired by someone else.
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