1. Set up your own web development
company. The company registration costs plus the domain and hosting fees would
total an approximate sum of Rs.25-30k. You can charge for your web development fees
as you wish and the revenue you generate would be good enough to raise a few
eyebrows.
2. You can become a seller with the leading e-commerce companies in India (Flipkart, Snapdeal, Amazon.etc). You can invest the 30k in buying the first stock of the product that you would want to sell, and you can reap the benefits of the sale. You might as well think about selling handicrafts, health and protein supplements online since it is largely untapped as compared to other products. Books, beauty products, personal care, clothing are some of the most sellable products online.
3. Build your own blog, and write about a niche. It should be something that you are quite knowledgeable and passionate about. The domain and hosting fees for a year would cost around Rs.3000 and the rest of the money can be invested in putting up ads on social media, as well as on Google Adwords for improving your ranking and presence on Google search results.
4. You can start a small scale marketing and advertising company, mainly based on social media and YouTube. You could handle a company's marketing department on a contract basis and help them with the social media profiles, video ads, SEO, blogs, content creation, etc. Hire student interns for the first few clients, and eventually scale up to be a bigger enterprise.
2. You can become a seller with the leading e-commerce companies in India (Flipkart, Snapdeal, Amazon.etc). You can invest the 30k in buying the first stock of the product that you would want to sell, and you can reap the benefits of the sale. You might as well think about selling handicrafts, health and protein supplements online since it is largely untapped as compared to other products. Books, beauty products, personal care, clothing are some of the most sellable products online.
3. Build your own blog, and write about a niche. It should be something that you are quite knowledgeable and passionate about. The domain and hosting fees for a year would cost around Rs.3000 and the rest of the money can be invested in putting up ads on social media, as well as on Google Adwords for improving your ranking and presence on Google search results.
4. You can start a small scale marketing and advertising company, mainly based on social media and YouTube. You could handle a company's marketing department on a contract basis and help them with the social media profiles, video ads, SEO, blogs, content creation, etc. Hire student interns for the first few clients, and eventually scale up to be a bigger enterprise.
5. Breakfast and evening bits, there
is a very huge demand for healthy breakfast items in India. A limited daily
menu will do. Margins are excellent; you have to check the equation whether you
are serving, packing and delivering. A big number of people missing
breakfast daily in metro cities; now, if you ask, “is it a
profitable business idea?" I say, "Yes, it is." Sure you are
going to make a profit out of this, but be prepared for a longer break-even
point, do lots of R & D for location
selection, crowed, verities and competition before getting into it.
6. Fruit Juice Kiosk, Nowadays you
can see many juice bars in every corner of the street. No doubt investing money
in starting a juice bar business can be a profitable venture. The demand for
juice bars can never diminish this is because of the health benefits one can
enjoy by drinking various fruit juices. Points to keep in mind; kind of juice,
taste & touch, hygiene.
7. Garment Trailor business can be
categorized into two different segments –
Sewing
and Alternating Business – This is the most basic form of tailoring
business one can have. If you are good in sewing and want to run a home based
tailoring business, you can start with the sewing or stitching clothes and
further grow and develop your range of services and expand in the same genre.
Sewing
and Designing Business – In this type of tailoring business you don’t
only sew or stitch clothes according to your clients choice but you also
suggest and design clothes which you can sell directly to your customers. This
is more of a boutique where you have to use your own creative ideas to make
newly designed clothes for your customers. You might also get customers who will
provide you a design and asks to make similar clothing. All these are part of
this business.
This business required lots of
market and trend research and can be started from home, you can deliver and
work on your own ideas of fashion, style, and creativity. Profit margins are on
the higher side if you make your own designs and you can reap moderate profits
with general tailoring and sewing business. But if you compare the profit with
your investments, the margins are quite attractive. In cities like Kolkata,
Mumbai, and Delhi, the demand for good tailors has increased tenfold due to the
increasing popularity of self-made designs.
8. Cooking Classes, Cooking
classes are a hit among the urban masses because food is something that appeals
to everyone. As a professional cook, you can conduct cooking classes both
online and offline. For the former, you can either use a platform like YouTube
and Facebook or launch your own website to serve the same purpose. For either
way, the cost is a bare minimum. For the latter, you can book a studio on the
days you wish to conduct the classes, which again works out to be fairly cost-effective,
taking the selected number of hours and days into account.
9. Distribution/ Dealership, You
can use this capital productively and earn handsome money through
agency/distribution/dealership business. This business does not require huge
capital but demands hard work and salesmanship.
10. Rooftop Organic Farm, you can
start a service of offering little 'organic' farms that customers own, on the
rooftops of customers or in the vicinity of registered customers and to
maintain it, charge basic monthly service cost. To achieve the objective you
have to explain long term adverse effects of the huge amount of fertilizers and
pesticides that are ingested daily through food by everyone unknowingly.
11. Tiffin Service, venturing into
the food industry is almost always a profitable move. Scores of working
professionals today prefer to ‘eat in’ but do not have the time to make and
carry home-cooked food to work. This is where you could come in. Since the
cooking will probably be cooked in your own kitchen, there is no need to pay
for extra space. Thus, the only big investment you’ll need to make at this
stage is in a middle-man to deliver these services.
This is just not the end of ideas;
you can have a tuition centre, pet care centre, travel agent, property dealer
and so on. Search the need you can serve best.
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