How To Pay Off Your Student Loan Before You Graduate
Here are the HARD facts that most college graduates will be facing after school.
Not having a job or not having the job that they want, because the days of graduating from school and staying with the same company are dead and over.
“Most college graduates will have up to 3 careers or more in their lifetime”.
Well, at least that is what the economists out there are projecting.
With that being the case.
I would recommend you to start your entrepreneur career while in school.
You can start an online business or side business right out of your dormitory room and work on it around your class schedule and then turn that business into a cash cow for YOU.
Which you can then use to pay off your student loan.
I mean, you would think this would be a no-brainer for most college students but you would be thinking wrong.
Most of them are too busy using these 4 years away from home to party like crazy and follow the crowd!!
The other thing is you can use this experience to get the job that you want before you graduate.
Okay, now let’s get into a few business models.
These are just the outlines for each one.
You will have to adopt, adapt and expand on the one that you choose, and make sure that you do some research and model your business after other great businesses that are in your market.
Don’t try to re-invent the wheel.
Learn from other businesses’ mistakes and test out ideas that you think may work for your own sales funnel.
The business models are.
1). Reverse e-commerce.
This is when you set up a site or use eBay and list items that you think may sales.
You take quality pictures and list the item.
If and when they sell, you then go back and buy the item and ship it to the buyer.
This is a great way to do business because you don’t need any inventory.
This will give you the freedom to test out the market in your niche and see what is selling.
2). eBook business model.
This is when you write up a pdf and format it into an eBook with graphics.
Keep in mind though, you don’t need to create anything if you don’t want to.
If you have a passion for an idea, try to create an eBook around that passion.
And if not.
You could just interview an expert and then turn that interview into not only into an eBook, but also an actual book and an audio product.
So, you could end up with a home study course or a membership site and earn monthly passive income from it.
Those are just 2 business model you can use and start from your very own dormitory room.
The great thing about both of these business model ideas is that you don’t need that much money to get started.
Now, can you see how this could and should work?
I would like to stress to you guys… really think about using this idea to pay off your student loan and at the same time build a successful online business!