Tag: Business Ideas

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Startup

3 Eco-friendly Low-Investment Business Ideas You Can Start Now!

3 Eco-friendly Low-Investment Business Ideas You Can Start Now!
3 Eco-friendly Low-Investment Business Ideas You Can Start Now!

Do you want to start a startup business that makes money but at the same time wants to give something back to this planet and society? The waste management problem in India needs no mention; the mounting landfills speak volumes about the deteriorating health of our environment.

Garbage disposal is one of the major challenges that India is facing currently. While some of the garbage is biodegradable, other substances like plastic can take around 1000 years to decompose. Many people often advocate the prohibition of certain products. However, it is difficult to replace them in daily life and hence, their disposal after fulfillment is inevitable.

So if you want to start your venture, we can give you the best eco–friendly small business ideas to start. These businesses upcycle and recycle waste products to create commercially viable products.

1. Upcycled Furniture

Furniture is an integral part of every home, and this is one of the reasons why it is a great avenue for upcycling waste. To use waste materials at a great scale, one can create a variety of products like tables, chairs, cupboards, and more that are in great demand.

Starting an upcycle furniture shop is a good low-investment small business idea. It requires a small seed investment and has the potential to pick up and return great profits. Look for the cheapest sourcing options to source raw materials and have a clear idea of what it can be converted into for its maximum utility.

Pradeep Jadhav of Pune started Gigantiques Furniture to create practical models out of waste materials like used tires & barrels. After delivering 500 orders, his business is experiencing a J-curve.

2. Recycled Products

Yes, plastic has many disadvantages, but if you can think about a creative way to turn its con into pros, you can start a small business startup that will need minimum investment. Plastic offers great utility, which can be its advantage as well if used smartly.

The simplest way to use it is to start a business where plastic can be used to create reusable products. You can collect plastic bags, gift wrappers, bags of flours, and pulses from local garbage collectors. Many products can be made by weaving the plastic strips together.

Nandan Bhat, founder of Pune-based start-up Ecokaari has started one such venture. He has employed artisans under his brand, who cut the plastic into thin strips and weave them into a fabric which is then made into a wide range of products like pouches, handbags, purses, travel bags to electronic covers that are purchased by people according to their requirement.

3. Upcycle Decoration

If you have an eye for details and can think about something creative, this is another low investment small business idea. You can start refurbishing fabrics to create some amazing decorative items like lanterns, pen holders, and other utility items that can be reused again and are also eco-friendly.

Delhi-based Siddhant Kumar has begun such a venture where he utilizes denim clothing and upscales it to come up with some of the most beautiful utility items.

Being an entrepreneur means resolving customer`s problems, and today our planet is screaming for help due to pollution. By utilizing the above-mentioned ideas, you can easily start a small startup business as they need very minimum investment.

To know how you can start a startup business, you can take our Business Coaching Program where you will get the handholding support of the experts along with premium content from SMEs.

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Motivational

Four Powerful & Practical Ways To Stay Motivated As A Solopreneur!

Four Powerful & Practical Ways To Stay Motivated As A Solopreneur
Four Powerful & Practical Ways To Stay Motivated As A Solopreneur

Nothing can beat the feeling of being your boss. It has a charm, an unexplainable excitement, and an incredible allure. And the term ‘Solopreneur’ is a perfect blend of all these emotions. Though the term is not new in the industry, where some people are not very well aware of this term, many others confuse it with entrepreneurs.

However, being a solopreneur is a lot different from becoming an entrepreneur. Many people choose to work for their business ideas, dreams, passion, and to find fulfillment. But, it can also be lonely when you have to don multiple hats and juggle between various business challenges, all alone.

Being your boss has its perks, but running a business all by yourself requires a lot of discipline, focus, and resilience because, on this journey, you are bound to encounter stumbling blocks along the way.

So, apart from taking some of the most essential business training programs to stay updated, here are some powerful tips to help you stay motivated to weather ups and downs in the business:

  1. Pace yourself!

That`s because good things and successful business take time to build up. Growing a business is a marathon, not a sprint. Being a solopreneur can rapidly become a 24×7 job if you are not careful. Especially during the early stages of a business, solopreneurs put in very long hours with no end in sight. And then it is just a matter of time when you become tired, exhausted, and discouraged.

Hence, finding a work-life balance is extremely important to keep working for the dream you have in your eyes and the passion in your heart.

  1. Always have Support System

Flying solo may sound amazing, but it requires a lot of a strong support system. Friends and families are irreplaceable, but there are many other resources like a business mentor or a motivational coach.

A business coach or a mentor can offer their expertise and professional advice to guide a solopreneur in the right direction. Dr. Vivek Bindra, who is one of the best business motivational coaches in India provides consultation for long-term business growth and development. His mentoring technique is more short-term and performance-driven.

The use of business coaches has become prevalent in India and small business owners are increasingly using paid coaches for overcoming challenges. Hence, finding a support system for solopreneurs can be beneficial for their business.

  1. Celebrate Small Wins

The more you praise and celebrate your small wins in life; the life will give you more reasons to celebrate. As a solopreneur, it is crucial to celebrate small milestones along the way to keep your drive to run business and the motivation to do it, super high.

The key is not just to keep your eyes on your main goal, but also to enjoy the progress you are making. The better you feel about yourself and your progress, the more effort you will put in without feeling frustrated and discouraged.

  1. Always Remember ‘WHY’

As a solopreneur, you will encounter your share of challenges and setbacks along the way. This is why it is so important for you to remember your “why”. Remembering the sole reason why you have started to come this far or why did you start your business in the first place will energize you. Getting in touch with this big-picture will help you to remain focused. It will also provide you with a renewed perspective to make wise decisions.

Just because you start small, don`t forget to think big! Where being a solopreneur is not always easy, but it is probably rewarding, perhaps every single time. By following the above-mentioned tips, you will be in a better position to remain energized, so that you can ultimately reach your long-term goals.

Find solutions for your burning problems? Get practical solutions easily with our step-by-step Problem Solving Courses with learning strategies, action plans, frameworks that are designed to empower you with various business functions.

From finance to HR, Digital Marketing to IT & Sales, find creative solutions to prominent business problems easily. To know more about it,

click here: https://www.badabusiness.com/psc?ref_code=ArticlesLeads.

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Business motivation Business Startup Ideas Startup

5 Best Non Tech Business Ideas You Can Start In 2021!

5 Best Non-tech Business Ideas You Can Start In 2021!
5 Best Non-tech Business Ideas You Can Start In 2021!

Are you looking to launch a startup in 2021? Do you have the potential to build a profitable business but not trying due to a lack of technical skills? Do not lose heart because there are some of the best non tech startup ideas waiting for you in this article.

The term “startup” in today`s world often paints a picture in our heads of a business that has something to do with modern-day technology. Technology is an essential aspect of every business today without an iota of doubt. However, it certainly does not mean that every business needs to be technology-based.

While some entrepreneurs might jump with excitement about launching a new app, for others the idea of technology being so complex can be quite intimidating. There are multiple non-tech startup ideas that young and aspiring entrepreneurs, solopreneurs, and wantrepreneurs who lack technical skills can use to and start their entrepreneurial journey.

We have compiled a list of the five best small business ideas that involve minimum to zero technical knowledge and you can start them in 2021:

  1. Interior Decoration

Many people in India want to decorate their homes in an elegant and sophisticated way. However, they do not know the drill and stay confused about where they should begin. If you have a knack for revamping homes and possess an ability to go into details, Interior Decoration can be your best bet.

Good interior decorators are either expensive or hard to find. You can begin on small scale and later can expand your business. There are certain online tools related to designing as well that do not require advanced knowledge of technology and can be easily learned.

  1. Franchise

Think of a franchise as a “plug & play” business that comes with an organized system and a business structure in its right place. If you do not want to take much risk, becoming a franchisee of a well-established brand is the ultimate money making ideas.

For a fee, you can receive a popular and fully established brand catering to a certain demographic area. It could be apparel, furniture, a café chain, a food chain, or an edtech startup-like Bada Business. To become a franchise partner is highly beneficial for someone new to the business world, and starting afresh.

  1. Online Tutoring

Do you have an upper hand in any subject? If yes, then you can start taking online classes. Whether you excel in music or have a solid grip on physics or chemical equations, with online classes you can generate a new source of revenue.

Today, almost everyone is using social media platforms like Facebook or Instagram, Google Meet, or Zoom meetings. You too can pursue your entrepreneurial dream by using one of these platforms to take classes. It is one of the best small business ideas that you can start with zero or minimum investment.

  1. Painting Business

A good piece of art can give meaning to this world. From living room to bedroom, workplace to the boardroom, a good painting can not only enhance the beauty of void space but can also fetch a great price. If you are blessed with creative instincts, you can start selling your masterpieces for a good price. However, you can also start exhibiting the work of other artists via painting exhibitions and earn good revenue.

  1. Kids Party Planner

Planning a birthday party for kids is not child`s play. Kids have free imagination and innocent concepts when it comes to their birthday parties. From fun activities to delicious food, there is a lot that needs to be taken care of. If you are good at managing parties and events, you can also become a kids` party planner.

To start one of the above-mentioned business ideas, you neither require a lot of investment nor you need to be technically sound. These money-making ideas need a solid business plan and never-ending determination and passion to pursue dreams.

It is also true that once you start a business, you will face many unknown challenges. However, fret not! With our ‘Problem Solving Courses’, you can find creative and practical solutions to your burning business problem.

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Business motivation Strategy

How To Improve ROI With COVID-Proof Business Ideas?

How To Improve ROI With COVID-Proof Business Ideas?
How To Improve ROI With COVID-Proof Business Ideas?

ROI or return on investment- every business analyzes its future by identifying past and potential financial returns. ROI is a ratio of your company`s net profit compared to your financial investment in the business.

What is ROI or Return on Investment?

Many people often confuse this term with the profit margin. However, ROI is the financial return that you receive from spending money and not the profit received from the sale of goods and services. It helps the leaders to make informed decisions by kicking the guesswork out of the window.

Why is it Important?

The ability to calculate return on investment is crucial for every business, regardless of the company`s size or industry. A businessman is considered smart if he manages his expenses and monitor ROI regularly. Only businesses that can analyze ROI, survive in the long run.

So how can you improve your business`s ROI? How can you ensure that your business`s ROI is always increasing, no matter what? Watch, which type of business model can guarantee high ROI and regular 6 figure income, here.

Here are three ways that will help any business to receive higher ROI in every season:

  1. Choose a Business Plan with Zero Inventory Management

If you have a small business that stores goods in a warehouse, then managing inventory is an essential part of how you can control your stock. Inventory management is like storing ice. Once you have kept ice inside the warehouse, it will meltdown to the water and will drown your profits under it, if you do not manage your stock smartly.

As the time of the stock increases, its shelf-life, as well as the price, starts to decrease. For instance, electronic devices and gadgets experience a price drop as soon as the new model with upgraded technology is launched. From perishable to non-perishable items, the value of stock starts decreasing if the goods stay in the warehouse for a longer duration.

Hence, it is best to order those goods that are popular and have numerous takers in the market. You can also pick a business plan that does not require you to stock up goods in a warehouse. E.g.- online business courses. Online courses neither require you to spend heavily on warehouse and inventory management nor go out of demand.

  1. Giving Discounts may Decrease Profit

Most often than not, many business owners purchase inventory from the distributors and lend it to the market on credit. This technique only results in loss- loss of inventory and loss of return. Why? The reason is that you purchase the stock after making the payment in advance to the distributor. However, when you gave the stock on a credit basis with receiving the down payment, you will be deprived of the funds.

Hence, you will have to offer your stock or products at a discount that will eventually hit your profit margin. Always choose a business model where once you sell a product, you get your money back. You can become a franchisee of Bada Business to earn profits every week.

  1. Margin

Whether you have a commodity business, retail store, mobile retailer, or have a restaurant business, the profit margin is limited to 10%. However, the margin is not fixed and may hit by external circumstances like an increase in cost, wastage of inventory, expensive credit that can convert profit into a loss.

Thus, if you are an entrepreneur who is looking to set up an independent business, always select a business model that returns high ROI. For instance, a Bada Business Franchise Partner enjoys 20% to 50% of profit margin, without experience undercutting system, with fixed price.

If you are looking for simple and effective ways to improve ROI on your business, you can take our Problem Solving courses that are designed to cater the modern-day entrepreneurs with practical solutions to business challenges.

If you want to become an entrepreneur, but have no business idea? Become our franchisee and earn up to INR 25 Lac per month. For more details, visit: https://www.badabusiness.com/master-franchise

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Business motivation Business Startup Ideas

5 Best Business Ideas For Students To Make Money While Studying!

5 Best Business Ideas For Students To Make Money While Studying!
5 Best Business Ideas For Students To Make Money While Studying!

Does money make online from the comfort of your home sound interesting? For many people, including students, making money online would be an absolute dream come true. These are some of the best business ideas for students. And if they could find a suitable way to make money, they could earn their own pocket money, while still focusing on their studies.

Life as we may presume is not easy in academic years. Pressure to excel in studies, parents’ pressure, stressful subjects, and social anxieties all contribute to the struggle during their formative years. On top of it, the financial aid that students receive from parents is limited. This is why an average Indian student`s life is highlighted by Maggie noodles and old-rugged jeans.

So, if you are a student and want to start making passive income along with your studies, then here is a piece of great news for you!

Read this article till the last line because we are going to reveal some of the most amazing money-making ideas for students that will hone their entrepreneurial skills.

Keep reading!

  1. Love writing? Become a Freelance Writer

From maintaining daily journals to writing short paragraphs, if this is something that excites you and calms you down at the same time becoming a freelance writer is a good opportunity for you. Students tend to spend hours and hours writing for classes.

However, what if we tell you that there is one thing that most of the students don`t know about and in the absence of it, spend their academic years penniless? Well, you can get paid for writing high-quality articles in the real world.

It may sound too good to be true, but in their bit to reach out to as many people as it is possible, brands are always on the lookout for people with excellent writing skills to help communicate their brand message across a wider audience. Freelance writing is a wonderful money-making idea for students as it provides remote work, flexible hours, and more practice at a skill students already have.

  1. Start Tutoring

When you are studying, it not only provides you education and a certificate but also a vast reserve of knowledge to impart to share with other students, who are junior to you. If you are good at sharing knowledge and information with others, you start giving tuitions to your juniors.

All you have to do is to reach out to students and you will find out that there are good numbers of students who are struggling with subjects that you have already mastered. Teaching them will not only provide aid to juniors in studies but will also improve your hold on a subject, while also making a serious income on the side. If you are more creative, you can also take guidance from one of the best business coaches in India– Dr. Vivek Bindra.

  1. Consult for Businesses

Due to cut-throat competition and intense brand presence on all the social media platforms, there is a high demand for the youth perspective from consumer-centric brands. Companies today, not only want to know about the youth`s perspective, but also want to pave new pathways to reach out to them.

As a student, if you think you have the strategic perspective that aligns with the business requirement, then you can simply become a business consultant. All you need is a website and a business card; you can turn your knowledge into a profitable online business, and start helping brands to connect with young students.

  1. Start a company

Do you think you are too young to start a company? Well, if you have a million-dollar business idea, starting a company will be an easy task. Not sure about that?

Tilak Mehta,a 13-year old kid from Mumbai has started his own company- Paper and Parcels that delivers courier within the city on the same day. His USP—affordable price that is around 30-40% less than what premium companies may cost you.  You can watch his full interview, right here.

The market is brimming with some of the business ideas for students, which can be implemented by students. Using you entrepreneurial approach and spirit, you can gain valuable experience from beginning your own company. You can also take full advantage of the resources that are available around you to build something that is profitable.

As the college grounds are ideal for budding companies and entrepreneurs, you can start your own company by using the high-density network, and access to younger customers with good purchasing power.

  1. Social Media Influencer

Are you good at expressing your ideas that might influence others and help them in day-to-day challenges? Do you think you have the best clothing style? Or do you have culinary tips to share with people? If, the answer is yes, and you love to spend time on social media you can become a social media influencer.

All you need is a considerable number of followers on your profile and a clear understanding of what the audiences like to watch and want. You can get paid by brands to run social media accounts for companies. This is one of the best money making ideas for students that can help them earn much more than just their pocket money.

If you are a student and want to open new revenue gates, you can try some or all of the business ideas that we have mentioned above. You can also listen to some of the best business coaches in India like Dr. Vivek Bindra to get more brilliant ideas.

Categories
Motivational Strategy

5 Benefits Of Goal Setting To Fulfill Your Entrepreneurial Dream!

5 Benefits Of Goal Setting To Fulfill Your Entrepreneurial Dream!
5 Benefits Of Goal Setting To Fulfill Your Entrepreneurial Dream!

You cannot improve what you don`t manage, and you can`t manage what you don`t measure. This is why goal-setting is important in life!

Goals are like oxygen! They help us to take forward in life. They give us a purpose to get up out of bed every morning and give us hope to go to sleep and look forward to the next day. Goal-setting give us the first step to every journey and make our lives meaningful.

Much has been written about goal setting. We all must have come across at least once in our lifetime, where we were taught to define a clear goal in our lives. So in this article, we won`t bore you with yet another manual on how to set goals.

However, we will tell you the importance of goals in life and how they can help you to achieve a whole new perspective towards your life. We all know that setting a defined and clear goal helps to build self-confidence. It helps to increase productivity. But, are you aware of the science behind it that why setting a goal helps us to focus?

Most people only follow the philosophical theory of goal setting without understanding the science behind it. The beauty of knowing ‘why’ something works can be beneficial in two ways:

a). it makes you more willing to embrace it.

b). it makes you more informed, which makes you more receptive and enables you to make decisions.

For instance, we all can surely think about a company policy, business ideas or a meeting memo that could have been more effective had you known more details regarding it to make better, informed decisions. Watch video on Goal Setting and Importance of Goals in life here:

Here are five ultimate benefits of goal-setting that will help you gain focus and achieve your dreams:

  1. Goals act as Catalyst

Goal setting is the ultimate motivator, and that`s why it is important. Having a clear, compelling goal fuels the passion to acquire that goal, and mobilizes your focus toward actionable behavior.

Many people confuse the concept of having a clear and main goal. For instance, Vishal has the goal of saving money to purchase a new car. But he does not have a clear idea, which type of car he wants to purchase. Then this is not a clear goal.

If Vishal says that he wants to save 6 lac by the end of the year to purchase, let`s assume a swift desire, then now he has a mental cue that will stimulate his focus and motivates him to start saving funds.

  1. Goals Improve Focus

The importance of goals in life is such that when you decide on an aim, you naturally direct all your attention and focus towards the next step. It gives you a sense of the right direction to your life, which forces your action, and your behavior to follow it.

Not many people believe it, but it`s true that whatever the mind believes, the body achieves. You can listen to many motivational videos that teach you the best way to set goals and meet them.

  1. Goals sustain Momentum

Seeing progress does not matter how little, is addicting. No kidding, it is. If you are wondering why then let us throw some light! Once you have achieved something and your progress is visible, your brain releases a hormone called dopamine that creates a sense of achievement.

Just as a snowball grows in size as it rolls down the hill, momentum works the same way. So, if you have business ideas on which you are working with a fixed goal. Whatever you are doing to achieve that goal, once you gain momentum, you will never want to stop because you achieve a flow, which is the optimal state of mental performance.

  1. Goal setting aligns focus with behavior

When you receive constant feedback on your progress, setting goals helps you align focus with behavior. The choices you make, the actions you take- or avoid- give an insight into your beliefs, challenges, values, strengths, and weaknesses which allow you to take necessary steps to correct, and reset your goal achievement strategy. This gives you a clear agenda about how to meet your goals by selecting the best course of action.

  1. Goals Build Character

One of the major reasons why there is so much importance of goals in life is because they build character. When you achieve a goal, it enables you with a sense of achievement that ultimately boosts confidence and helps you build character.

The entire process of goal setting is essential because it helps to unearth and identify what is truly important to you. Whether it is professional or personal goals, to learn more about setting goals, you can either watch the video or take the help of the best corporate trainers in India.

Pursuing your goals is the real money-maker because it builds self-efficacy. It transforms your personality into someone who can achieve goals.

And like we said in the beginning, it is tough to manage what you don`t measure, and you can`t improve what you can`t manage. So start with goal-setting, today!

You can invite one of the best corporate trainers in India- Dr. Vivek Bindra to motivate your employees and give them a strong purpose to show up to work every day. If you are an entrepreneur and lack motivation due to business challenges, you can take our Entrepreneurship courses that will help you create a breakthrough from your burning problems.

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Business motivation Webinar

How Learning Business Yoga From Bhagavad Gita Can Help Your Business Grow?

How Learning Business Yoga From Bhagavad Gita Can Help Your Business Grow
How Learning Business Yoga From Bhagavad Gita Can Help Your Business Grow

One of the quintessential contributions of India to the world is the Srimad Bhagavad Gita. It is the voice of the Lord Sri Krishna and the first-ever most powerful leadership workshop that taken place in the middle of the battlefield of Kurukshetra when Pandavs were going through a deep crisis.

Srimad Bhagavad Gita was preached by Lord Krishna not only to motivate Arjuna to know the real purpose of human life but also how to perform one’s duties sincerely, dedicatedly and without deviation.

Whether you are a student or a professional,  a housewife or an entrepreneur applying the principles of Shrimad Bhagavad Gita will help you overcome challenges and become successful in life.

So how this ancient scripture offers powerful motivational tools to handle tough times in business and life? Let`s find out through some of its Verses!

  1. Hard Work has no Substitute

Karmanye vadhika raste,
Ma phaleshu kadachana;
ma karma phala he tur bhuh,
ma te sangvasta karmani

Chapter 2, Verse 47

To action alone hast thou a right and never at all to its fruits; let not the fruits of action be thy motive; neither let there be in thee any attachment to inaction.

The above-mentioned Gita Verse tells us clearly that Hard Work has no substitute. And only and only your dedication, determination, and passionate labor will yield results. However, it also tells us the valuable lesson to remain detached from the final result. This might be difficult when we are working towards our goals. But sometimes we become too focused on the result that we can get distracted.

And as there is nothing guaranteed in this world, most of us, especially students and businessmen get disappointed, sometimes even depressed when they don`t receive the desired outcomes.

Most of us feel that the knowledge and wisdom of Gita imply only spiritual enlightenment. However, this versatile ancient scripture can play an instrument for modern corporate management.

  1. Master your Mind

One of the most difficult aspects to control in this world is none other than our mind. Mind, by its nature, is restless, fickle, constantly traveling, strong, and forceful. Hence, it is difficult to control the mind than it is difficult to control the wind.

Chanchalam hi manah krsna

pramathi balavad drdham

Tasyaham nigraham manye

vayor iva suduskaram (Chapter 6 – Verse 34)

“The mind verily is restless, turbulent, strong, and unyielding, O Krishna: I deem it as difficult to control it as to control the wind.”

In this world of utter competition, we have to make choices and decisions based on our current situation. The choices can be related to our career path, our jobs, our business ideas, or even related to our personal lives.

Bhagavad Gita teaches us to control our minds through meditation and by practicing self-discipline. It tells us that the only way to control your fickle mind is by constantly practicing detachment; irrespective of the situation. A person feels happy and energetic if the circumstances go as per his will. However, if something happens against his expectations, he becomes depressed and de-motivated. He also becomes distracted from his work and goals.

Only a person who has control over his thoughts and mind can remain calm and composed, no matter the situation. By remaining deeply focused on his work, he stays dedicated, makes strategies, and can also yield incredible results at work.

  1. The Powerful Manual for Management

mātrā-sparśhās tu kaunteya śhītoṣhṇa-sukha-duḥkha-dāḥ
āgamāpāyino ’nityās tans-titikṣhasva bhārata

(Chapter 2 – Verse 14) 

“O son of Kunti, the contact between the senses and the sense objects gives rise to fleeting perceptions of happiness and distress. These are non-permanent, and come and go like the winter and summer seasons. O descendent of Bharat, one must learn to tolerate them without being disturbed.”

Life is full of ups and downs. And each living being on this planet has to learn to deal with it. When talking in terms of business, management is a body of knowledge that enables entities to deal with various other factors like people, strategies, operations, and the environment.

An efficient management system ensures that the work is done efficiently on time and the promised goods and services are delivered. As most organizations suffer from ‘short-term strategies’, they inform the stakeholders and market players how much profit the next quarter will bring.

To meet these expectations they engage in multiple activities that create stress, and a short-term approach. This sometimes brings negative results too in the long run and the business may not produce the desired results and profits.

It is important to understand that no situation in this world is permanent. And, therefore stressing out during the crisis will do no good. Hence, keeping calm during adverse situations will help us to think constructively and prepare us more to tackle the challenges that life throws at us.

Shrimad Bhagavad Gita can be a real source of inspiration for both at the personal as well as professional levels. For students, it can be a career guide, while for entrepreneurs it acts as a manual of various strategies and business ideas.

Bhagavad Gita is the essence of all universal wisdom. It acts as a manual to help us to overcome challenges in our lives. Many famous personalities and great thinkers like Mahatama Gandhi, Annie Basant, Madhavacharya, Indian mathematician Ramanuja, Albert Einstein, American astronaut Sunita Williams, and many more were inspired by Bhagavad Gita and used to read and imbibe in their daily lives.

If you truly want to open the door of abundant opportunities, attend the live webinar Business Yoga from Bhagavad Gita by none other than iconic Dr. Vivek Bindra on Sunday, 20th June 2021 from 12 noon to 2 PM.

For FREE Registration, visit: https://iiyc.co.in/?event=BB

Categories
Business motivation Startup

Covid-Proof & Recession Proof Business Ideas To Start In 2021!

Covid-Proof & Recession Proof Business Ideas To Start In 2021!
Covid-Proof & Recession Proof Business Ideas To Start In 2021!

The year 2020 came with its own share of problems. And while we thought 2021 will bring some relief, it is needless to say that this year was nothing less than a nightmare. However, if there is one thing that we all must learn from living through pandemics and lockdowns, it is to understand that a lot can change in a year.

While many people lost their jobs, many others became entrepreneurs. In 2020 along, more than 15 startups joined the elite Unicorn Club.

The pandemic has turned the tables around. Many businesses also went downhill as the year progressed due to the lockdown restrictions and economic crisis. It forced the business world to come up with new solutions and startup plans for new business opportunities.

So even though we were stuck inside our homes, many businesses found a way to stay afloat with the ‘Hassle-Premium’ approach. The bigger hassle a product or a service resolve, the bigger premium a business receives.

With the recent events of 2021, many are not putting too much hope into the year ahead. However, contrary to the popular belief, if you have the passion and unique MSME startup business ideas, this could be a perfect year for starting your company.

If you do not have any ideas, worry not! You can discover 25 Business Ideas that you can start this year with low investment. You can also watch video on this:

We have hand-picked three brilliant covid-proof and recession-proof startup plans for a new business that you can start with low investment in 2021:

  1. Online Prasadam

Every adversity comes with an opportunity; all you need is an eye to spot it at the right time. India is a land of religious culture and tradition. With the lockdown imposed all across the country and the fear of the virus, many religious places in India are closed. People are unable to go to temples, let alone their pilgrim journey to Kedarnath or Badrinath.

However, this also offers a great opportunity to start a business of sending online prasadam. To start this business, you will need minimum manpower. You can set up a call center to offer customers the service of providing online prasadam.

As the customers cannot visit the holy places, they will be more than happy to make their offerings to God. You can charge these customers with a minimum amount and you can deliver them online prasadam after offering it to their respective deities. This will not only make them happy but also give them the inner strength to fight the uncertainties of the current situation.

  1. Office Furniture on Rent

The current COVID-19 pandemic has forced organizations to embrace the concept of work-from-home. Apart from the essential and front-line workers, everyone is working remotely. However, not everyone has a working setup at their homes.

Most people spend half of their time on their beds with their laptops, while others have become a couch-potato. This new normal work routine has given rise to neck and back pain.

One can start a new business by providing office furniture for rent. Where the furniture in many companies is getting mounted with dust and dirt, many employees are looking for an affordable office-home set up. So why not use this opportunity to start up a new business plan?

You can take furniture from the companies on rent and can provide it on rent to those who are looking for a temporary makeshift office set-up right at their homes. Find creative solutions to modern problems, and nobody can stop you from becoming a successful entrepreneur.

  1. Provide Online Tools for Schools

In this new era of learning, technology plays a key role in the process of teaching. If you have a technological background, this can be a brilliant MSME startup ideas. Due to the pandemic, all the colleges and schools are closed. Many small schools cannot afford the expensive setup and technology for online classes. You can develop an online educational tool that connects teachers and students, among many other things.

Not only schools, but you can also provide online learning tools to colleges and institutions as well. You can integrate many other features that will let the administration measure student performance, communication with parents, educational materials, and assessment tests.

Every crisis is an opportunity in disguise. Every breakdown comes with a breakthrough. Every hopeless end can give you endless hope. All you need is true determination, passion, and zeal to follow your dreams.

Every trend comes with numerous startup plans for new business ideas. If you already have an idea but are not sure where to start, then you can take online business training courses. You will a takeaway lot of key learning without which a business can never grow.

If you are an entrepreneur, but your business growth is stuck, you can take ‘Problem Solving Courses’ that cover multiple topics in detail and help you with your business challenges.

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Startup

Start-Up Ideas: 4 Profitable Retail Businesses You Can Start Right Away

Start-Up Ideas | Representational Image (Photo Credits: Pixabay)
Start-Up Ideas | Representational Image (Photo Credits: Pixabay)

Many people dream to start their own business, convert their passion into profession and become successful entrepreneurs. However, there are certain factors that are needed to be evaluated and considered before launching one’s own business. The first and foremost decision in this regard is in which industry should the business be started, which largely depends upon the interest and knowledge of the entrepreneur. Next decision to take is regarding the nature of the business – should the business be started in a retail set-up or a wholesale one. This depends on certain factors including location, finance, logistics, manpower, market conditions among others. 5 Financial Tips for Entrepreneurs Launching a Start-up.

For those who intend to start a business in the retail sector can choose among a range of alternatives available to them depending upon their finances, interest and market conditions. Here are some ideas for starting a retail business:

Stationary Store:

One of the most sought after product line is the stationary. It is an all season business. The demand for stationary items is not restricted only to the school and college students, but it has a vast market. Every organisation needs regular supplies of files, papers, pens, folders among others for both administration and operational work. Even though more and more firms are going digital, stationary still remains in high demand ensuring huge profits for the owner.

Confectionery Store:

Another profitable and ever green retail business idea is to start a confectionery store. With an year round demand, such stores is surely one of the safest business to undertake. Moreover, the list of products available in a confectionery store can also include a range of products, thereby attracting a larger customer base and more revenue. Part-Time Business Ideas for Students: Here are 5 Low Investment Businesses That Youngsters Can Take Up.

Gift Store:

Gift stores never go out of business. Be it birthday, anniversaries or any other celebrations, people look for unique and valuable gifting options to give their loved ones. Even during market slowdown, such products remain in demand. Especially during the festivities, the demand for gifts increase thereby increasing the revenue and sales of the stores.

Florist:

Another business to start as a retail set-up is that of a florist. These days ornamental and unique flowers are highly in demand of decoration purposes. Various event planning and executing companies require flowers on a regular basis and order them in bulk. Every season has its own unique flowers, hence the business never runs out of products to offer.

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Startup

Part-Time Business Ideas for Students: Here are 5 Low Investment Businesses That Youngsters Can Take Up

Businesses in India (Photo Credits: Pexels)

Every person aims to become successful in life and for this to happen, one strives really hard all throughout. However, students, who are taking up their degrees and are planning to have a career in setting up their own business, can actually start with something small at first. This will help one to focus on what their goal should be and how they should be approaching their targets. Earning extra income with work from home jobs, freelance jobs are now in the trend. We often see students taking up part-time jobs for the sake of managing their own expenses.

Let us not forget that some of the popular and profitable businesses were launched by students: Microsoft, Dell, Apple. If you wish to supplement your income by doing business, you need to have a clear idea, a business plan, and a lot of patience and dedication. In this article, we will see some of the possible small businesses for students to earn money by doing part-time jobs or internships, that will help them start their savings and give them an idea to start, manage and grow their businesses in the future.

Start a YouTube Channel

Stating your own channel on YouTube can help you connect to more people in one go. If you are good at vlogging, this is the thing for you. Starting a YouTube channel needs a very little investment. All you need is a good camera, a good quality mic, and a decent background setup to record your videos. Students can use their smartphones, create the content which will be helpful for people, record and upload it.

Blogging

If you love writing, don’t let that skill go waste! You can earn a great deal of money by the power of words. Blogging is one of the most successful ways to make money online. All you need is to focus and articulate your thoughts to come up with ideas that will meet the expectation of the clients. Blogging, which is creating content in text format, can help you mint money in just no time. Your flair for writing can really be an added advantage to you.

Become a Radio Jockey

If you are good at communication and love to talk a lot, this is the right option for you. Along with studies, students can take up being a radio announcer. Once you are known to people, this can be one of the best full-time career options too. Of course, you can initially start with a bit of it to get some additional money. But, this side job can make quite a fortune.

T-shirt Designing

Make your artwork famous by making its presence felt online. What you can really do is, try and take up a T-shirt designing business, initially by printing just a few t-shirts. This is one of the growing and popular businesses in recent times. People usually go in for fancy t-shirts with artwork on it. You can try your luck and design some really fancy and unique style that will appeal to your target audience.

Translator

If you are good at languages, both verbal and written, you can become a translator and help people in their businesses. Companies usually hire translators to understand the core and basics of a language that is little known to them. Interpreting written or spoken material into one or more other languages and ensuring that the meaning and context are maintained, can help an individual deliver efficiently to the clients and corporations.