5 Business Ideas You Can Start Without a University Degree

5 Business Ideas You Can Start Without a University Degree
  • In today's Internet and tech-driven world there's one thing everyone knows very well: You don't have to graduate from an expensive university to succeed in business and create a million-dollar company.
  • Does this mean you need to drop out? Absolutely no! It simply means we are here to give you 5 amazing startup ideas you are bound to succeed with.
  • Go to college and learn everything, but keep in mind that business doesn't have to be too hard. Here are some of the most fun ideas you can start with.

If the age of the internet has taught us anything, it's that you don't need to be a graduate of an expensive four-year school to find success.

In fact, there are now more millionaires and billionaires in the world as a result of dropping out of school and pursuing their dreams than vice versa.

This is especially true now in the age of artificial intelligence and automation.

While many people are in school right now and will likely have to pay off years of debt after they graduate, they may ultimately find that whatever it is they went to school for is now a completely outsourced or automated process.

With all of this in mind, today we are going to be taking a look at five different startup ideas that even college dropouts could succeed with.

Note: This article is not focused to bash on the idea or concept of college, we simply wanted to create an engaging title while also relating it to how simple and effective some of these methods could actually be.

Business Ideas That Don't Require a University Degree

While there are many businesses you could start without a degree, here are the top five:

  1. Smartwatches
  2. Dash Cams
  3. Matcha Tea
  4. Beard Oil
  5. Pool Inflatables

This list has been inspired by the startup ideas from Oberlo, and we have simply picked a few of our favourites. Each is unique in their own way, while also focusing on a product or service that is currently in demand and has plenty of space to grow.

1. Smartwatches

The smartwatch industry is expected to be valued at over $50 billion dollars by 2019. This leaves for a massive opportunity at being the source of information for all smartwatches and devices available for purchase.

One could easily create a website or blog focused on providing audiences with the best smartwatch information possible. The monetisation methods here include everything from running Google AdSense, affiliate marketing through lead generation, and also teaming up with any smartwatch providers that want to get maximum exposure.

2. Dash Cams

As technology continues to change everything in our daily lives, driving is also on the drawing board. However, it's not just in the ways you probably think. While self-driving cars are likely on the way for everything, there are still going to be accidents that are unavoidable.

Dash cams are on the rise and are quickly being implemented in a number of cars today. The business model here is that there are several dash cams available through online marketplaces like Alibaba that could be rebranded and drop shipped to customers around the world.

There is a massive demand for dash cams overseas, and a rapid increase in the United States and other countries as well. This market is ripe for anyone looking to take advantage of it and finding new and creative ways to reach their target audience.

3. Matcha Tea

If you were to take a guess at the most popular drink in the world today, you would be right if you said water. However, if you said coffee at number two, then you would be wrong. The correct answer is tea. The number of sales for matcha tea is growing daily, along with the opportunities for business owners.

This can be done through not only being a resource for information and creating tea review sites, but also by providing unique products and services in the process. Again, just like dash cams are available through sites like Alibaba, one could purchase and package up a wide range of teas and start their own dropshipping business while building up a loyal brand and customer base.

If the idea of holding inventory isn't something of interest to you, there are also many tea affiliate programs that can pay you a commission for each customer you refer to their site.

4. Beard Oil

Not every business or startup idea needs to generate billions or even millions of dollars to find success. Trendy topics and personal issues like having a beard also have the potential for a huge business as well. This is something we recently saw with ‘beard shave club’ and how they saw similar success in comparison to the ‘dollar shave club.’ 

While they are slightly different in comparison, they both offer a service of value. The average person doesn't know much about beard oil or maintenance, but if you have a beard, you definitely do.

Create a business around a niche audience while also serving them value and the best support possible, and you could end up finding yourself with a multi-million-dollar business in the process.

5. Pool Inflatables

If you've been paying attention to what's been for sale on the shelves at your local shopping centre recently, you probably have seen a wide range of pool inflatables available. The rapid and swift demand for new and creative pool inflatable seems to be the latest craze.

This offers a lot of potential for anyone who is willing to put in the time to sync up with a manufacturer that can create pool inflatables that are unique to your audience as well. If this sounds like too much work for setting up a new business, the option is always there to dropship through other websites or even build a resource website where you simply act as an affiliate marketer.

The Opportunities Are There - How Will You Take Advantage of Them?

Now that you've had the opportunity to read through some of the best ways to start making money online and even create a business of your own, it's time to take action.

It's easy to look at the list above and think about what options you have, but if you aren't ready to make a difference in your life, then you likely won't find success in the process.

There has never been a better opportunity than right now to pursue your dreams and take action. Through the use of the internet and the many opportunities that are offered today, you might be surprised at how successful you could actually be.

Zac Johnson

CEO at Blogging.org

Zac Johnson is one of the widely respected leaders in the blogging and internet marketing communities. Through his popular blogs, bloggingtips.com and zacjohnson.com, he has helped thousands of readers grow their brands and make money online. A self-taught entrepreneur, Zac’s been making money online for over 15 years and has been involved in nearly every facet of internet marketing while also finding great success in the world of blogging.