Monday, August 16, 2021

8 Business Ideas that you can start with little or no investments.

Lockdown in India was extremely difficult for each one of us in so many ways. With everyone staying at home looking after the household chores and Home schooling. It was difficult to handle things.

However, I saw many of my friends setting us small businesses with little or no capital. Slowly and gradually, they have built a small name for themselves.

Below are the ten ideas which you can use if you are gifted and yet not sure how to go about doing this.

1. Online Teaching: - When we were children, we never imagined attending school on a computer at home. Till date I have a mindset that training, and learning can happen only when you are physically present in a class with an Instructor. You have friends with whom you can discuss your problems, get suggestion, and collaborate for any report of assignment. But now this has changed completely. The entire education system across the world is now online. This is across any type of course you want to take and starting as early as nursery. Apart from schools there are lot of online platforms where you can publish your content with respect to course and you can even get paid. Setting this up in Udemy or Unacademy is extremely easy. Even if you don’t want to resister with these companies, you can take online tuitions. For this you need to have the acumen and knowledge, credentials are not big deal.

Now a days this is not just related to Academics but can easily be done even for drawing/chess/gymnastics/phonics etc. And they have customers for these things. All you need is basics of Facebook marketing /Instagram marketing, and you are all set.

2. Home Baker : This is not new thing but it became very popular because all the local shops were closed and most of preferred to take these things from our neighbors. From Brownie to Bread to Puff to basic cake and in some cases they even made fancy cakes. With assured quality and timely delivery this was a cool thing to do. Here as in some case they bought ingredients only when the order was given in a couple of days in advance. However, if you are a home baker and not professional it is very difficult to plan for things in advance. Eg, a day before or on the day of delivery they can come and say “Sorry, it is not done”. That’s fine as this in very occasional and they try to be professional as much as possible. Needles to say social media exploded with numerous home bakers who were even trained to make fancy came. Not to mention some of them bought fancy equipment’s. This was extremely supported by local community.  

3. Content Creators – Be it Instagram/Facebook/YouTube we saw everyone creating content, you could easily see some kids singling #bachpankapyaar being viral or some other trend which came out. From random videos to well thought content everything was available. Some became influencers by just doing a regular content. From big production house to small businesses everyone was reaching out to them for a paid promotion. The more viewers you get the better is the reach. You can easily find jobs a s a freelancer or being associated with a particular company or brand.

4. Book Publishing: Thanks to the time at home with practically nothing to do , people started writing their thoughts on a piece of white paper. Because this lockdown gave plenty of time especially if you don’t have children. Even someone like Priyanka Chopra admitted that this lockdown gave her the time to finish her book. #unfinished. Ofcourse, you should have a flair for writing. Even if you don’t have a money producing a Kindle edition is extremely easy with many Apps/Website helping you to do so. 

5. Yoga/Zumba/meditation/dietician Trainer: - This is again something which can be started very easily. Get some training and start taking online classes on Zoom/Google Meet. Charges, timing everything can be flexible. Create some fancy profile/pages to promote and start promoting.

6. DropShipping:- In this model the seller purchases inventory as needed from a third party—usually a wholesaler or manufacturer—to fulfill orders. So if you know a fancy wholesaler in Orissa or Kanchipuram or any other place. This is the time when you can connect with them and sell on any of the social media. No need to set up a shop or even maintain any inventories. 

Details :-  Feel free to google this term and read as it is very interesting topic.

7. Cloud Kitchen:- If you are in IT , you would have definitely heard of Cloud Computing/Cloud CRM, Cloud Architecture and so on. So what is this Cloud Kitchen now? 

It’s nothing but commercial facilities built specifically for food deliveries. Sometimes they are also called shared kitchen, virtual kitchen or even ghost kitchens. Which in simple terms means that there is no building where this restaurant is based. You simply register on Swiggy/Zomato and start taking the orders. In this you can use your own kitchen for receiving the orders. 

Do Read the Link :- https://www.thehindu.com/news/national/rise-of-cloud-kitchen-concept-in-india/article34787157.ece

8. Affiliate Marketing:- In simple words it is just associating your self with a simple company and promote their good. If it materializes than you will get a small percentage share. You can use your friend circle to promote these goods. However, in this basic knowledge of digital marketing helps. https://affiliate-program.amazon.in/

These are some of the things that my friends are using to generate income and I found them good so sharing the same. Also, it would be extremely helpful if you can do a digital marketing course, so you have a fair idea on the usage of social media platforms.

 Lot of free links are available to give this training.