A lot of youngsters are already tired of going for a 9-5 job and are looking for options elsewhere. And, the older generation who no longer want to simply sit at home, watching television, are also searching for better ways to engage themselves in something constructive. However, to start a business from scratch, a huge sum of initial capital is imperative. This is a problem in case of both our youngster and the old person. I myself have been wondering of how I could start my own venture but without investing a lot. So on doing some quality research, I came up with the following ideas that don't require too much of effort on the monetary front.
1. Consultancy:
I am sure this is the first thing that crossed your mind when you thought about starting something on your own. But a lot of people get stuck at just the thought and often don't know how to move forward with this idea. All you need to do is first identify your domain of expertise in which you will be offering your consultation. Next is to tap all the contacts that you have made in life so far. You never know who would offer you a helping hand. So clear out all your inhibitions and get into business. Initiate a casual and friendly proposal to those who belong to your connection of friends and relatives. For those who belong to your professional connection, opt for a more formal approach wherein you mention details like costing, benefits, needs and other advantages of hiring you as their consultant. Follow-up regularly and incessantly. Remember, you need their business more than they need you. You could offer your services in the financial sector, matrimonial services, digital marketing or even website hygiene.
2. Content Writing:
If you are truly passionate about writing and can offer your services as an ace content writer, then don't even think about anything else. Content is the key to success these days. Be an important contributor to that success.
3. Mobile Food Court:
Do you love food and own a car of your own? Then you need nothing much but a small induction gas stove that you can use to cook yummy dishes and set up a mini-restaurant in your car itself. Give yourself a fancy name, create social handles that have the potential to go viral and there you are - the perfect recipe of Success!
4. Customized Gift Store:
Birthdays and Anniversaries can and will never go extinct. The demand of these days being celebrated will only increase over the coming years and never get depleted. If you think you have the skills to create something really interesting and creative that could serve as a personalized gift to someone special, then start your own store that can run from your humble abode itself.
5. Blogging:
Have you ever wondered if blogging about your favorite hobby could fetch you any income? Oh yes, it can! You could blog about traveling, cooking, eating, dancing, dressing up or even shopping and earn money for writing well. Explore more here.
6. App Creation:
Are you crazy about mobiles and have a kick-ass concept to create a mobile application? Then go ahead and just employ a freelancer to build your app based on your idea and design. Register the app and start seeing your bank balance grow!
7. Wholesale Reselling:
Go to a local market where you can purchase items in bulk at reasonable rates and resell this in retail market with a dash of creativity from your end. Go on and pick any item of your choice. It could be dresses, jewelry or accessories like bags and shoes. Give it an innovative touch like exquisite designs, pairing it with something else interesting that only you could offer and there you go!
8. Selling Your Art-form:
Are you a great artist? A graceful dancer? Or a soulful singer? Whoever you are, simply start your own channel on YouTube or create your own site and teach your art-form to the masses who are just as passionate as you are. Start an online tutorial service for a subscription fee and make money for each course that you chalk out. If you are not sure about doing it yourself, you have popular websites where you can get listed and become famous!
Now that you have a fair idea about all the avenues out there in the market, take your pick and start your venture! Here's wishing you all the luck and success :)
Sow the seeds of your own small business!
I am sure this is the first thing that crossed your mind when you thought about starting something on your own. But a lot of people get stuck at just the thought and often don't know how to move forward with this idea. All you need to do is first identify your domain of expertise in which you will be offering your consultation. Next is to tap all the contacts that you have made in life so far. You never know who would offer you a helping hand. So clear out all your inhibitions and get into business. Initiate a casual and friendly proposal to those who belong to your connection of friends and relatives. For those who belong to your professional connection, opt for a more formal approach wherein you mention details like costing, benefits, needs and other advantages of hiring you as their consultant. Follow-up regularly and incessantly. Remember, you need their business more than they need you. You could offer your services in the financial sector, matrimonial services, digital marketing or even website hygiene.
2. Content Writing:
If you are truly passionate about writing and can offer your services as an ace content writer, then don't even think about anything else. Content is the key to success these days. Be an important contributor to that success.
3. Mobile Food Court:
Do you love food and own a car of your own? Then you need nothing much but a small induction gas stove that you can use to cook yummy dishes and set up a mini-restaurant in your car itself. Give yourself a fancy name, create social handles that have the potential to go viral and there you are - the perfect recipe of Success!
4. Customized Gift Store:
Birthdays and Anniversaries can and will never go extinct. The demand of these days being celebrated will only increase over the coming years and never get depleted. If you think you have the skills to create something really interesting and creative that could serve as a personalized gift to someone special, then start your own store that can run from your humble abode itself.
5. Blogging:
Have you ever wondered if blogging about your favorite hobby could fetch you any income? Oh yes, it can! You could blog about traveling, cooking, eating, dancing, dressing up or even shopping and earn money for writing well. Explore more here.
6. App Creation:
Are you crazy about mobiles and have a kick-ass concept to create a mobile application? Then go ahead and just employ a freelancer to build your app based on your idea and design. Register the app and start seeing your bank balance grow!
7. Wholesale Reselling:
Go to a local market where you can purchase items in bulk at reasonable rates and resell this in retail market with a dash of creativity from your end. Go on and pick any item of your choice. It could be dresses, jewelry or accessories like bags and shoes. Give it an innovative touch like exquisite designs, pairing it with something else interesting that only you could offer and there you go!
8. Selling Your Art-form:
Are you a great artist? A graceful dancer? Or a soulful singer? Whoever you are, simply start your own channel on YouTube or create your own site and teach your art-form to the masses who are just as passionate as you are. Start an online tutorial service for a subscription fee and make money for each course that you chalk out. If you are not sure about doing it yourself, you have popular websites where you can get listed and become famous!
Now that you have a fair idea about all the avenues out there in the market, take your pick and start your venture! Here's wishing you all the luck and success :)
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