Tag: Business Ideas

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Startup

5 Simple And Worth Trying Manufacturing Business Ideas

Clarity, Precedes, Success, becoming an entrepreneur is your dream? Do you have minimum funding resources? This fact will shock you that the majority of Indians have a similar kind of dreams. Many entrepreneurs drop the potential idea of becoming a business owner because of a lack of investment resources. It’s a fact investment is a significant factor for business, but it’s also right to say that any idea can change your life with less investment.

Many business ideas can start with less investment. Today we are going to share one such business idea, manufacturing business. The manufacturing business does not always need to have expensive and machinery, with new opportunities blooming for manufacturers giving us a chance to step into manufacturing businesses.

It’s never before opportunity and time to step into the manufacturing business if you have the inclination towards it. So, we have come up with a list of manufacturing business ideas for you.

Light up the world with Luxury Candles

Luxury candles, demand, and usage have increased with drastic growth. You can notice the high use of these candles at weddings, restaurants, and for personal use. Due to the high demand for luxury candles which allows manufacturing also increased.

The manufacturing cost them is minimal, and in return, revenue generation is high. This business idea demand to require setup or high-end machinery. You can start this idea from home and touch the local market with online e-commerce platforms. In terms of raw material like wax, scented oils, threads, or other decorative items, are also very cheap can easily available anywhere.

Go Organic with Organic Farming

We all know we are slowly learning and following the trend of organic products, and organic farming is most popular among all. We very know the concept of this no use of harmful chemicals or some artificial additions for a healthy, clean, and harmless to us.

Being a manufacturer, you can collaborate with local farmers and sell the products directly. Organic farming requires a lot of time-consuming and requires more effort, but with the right marketing, it reaches great heights.

Time for Something Delicious Bakery Products

You love baking then, the bakery business is an idea is for you. Products like cake or pastries are always people’s favourites. You can start this business with a small fund with this one also needs an oven, and the ingredients of the bakery product, which are easily accessible in the market.

Selling your product can be convenient if you find a nearby local shop for touching the customer base. The success story of this manufacturing completely depends on the taste of the product.

Transform the Kitchen with Eco-friendly Cutlery

The trendiest in all successful manufacturing business is which make customer life easy. Going eco- friendly is a new trend, and love among people. It is the best replacement for plastics and also has hassle-free maintenance.

In this business idea, you have a one-time investment in cutlery making machine. With the great design, you can collaborate with stores, and with the help of social media, you can make a huge profit.

Tasty Pickle and Jam Making

Everyone enjoys the great preserved, with great jams, jellies, or pair Indian food with tasty pickles. One of a good idea for a business, you just need good research on details about the various ways of preserving, the shelf life of ingredients, etc.. You can start manufacturing with seasonal ingredients that are cheap and readily available.

Big thanks to e-commerce flourishment like Flipkart and Amazon providing a big platform for you and your product easily available in single click access to large customers. It may be new to you, but it’s never late to try, ask for advice, and also don’t ignore your instinct and have confidence in you and your idea.

 

 

 

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Startup

Starting a Business After Retirement? Here Are Interesting Business Ideas That Retirees Should Consider

Retirement (Photo Credits: Unsplash)

We know that there is no age for trying something new! In the same way, there is no age-limit to start a new business and give wings to your dreams. There are things that we love to do and things that we just wish we could! However, in this fast moving world, we hardly get any time for ourselves as we are caught up by our jobs and our daily chores. Once a person retires, the individual usually has a lot of free time and can take up a lot of things to earn and make money even after retirement.

Retiring from service after years of hardworking must really be a noteworthy feeling. While some wait for their retirement age so that they can relax for the rest of the time, some are of the opinion that a life with absolutely zero activity would drive us absolutely nuts!

Even after retirement, people can take up businesses that inspire them or the ones they always thought of doing in the youth. If you are a workaholic and want to try on something that you are passionate about, here are 5 best after retirement business ideas for retirees.

Start Blogging, Write Books

If writing is what you love the most, blogging or writing is the best business idea for you! If you can pour your heart off and are fond of writing, this is the best time to gather all ideas and pen it down. All the ideas and write ups you have had over these years can be published as a book. Who knows, it could be the next best seller or the blog might get famous like a dream come true!

Become a Trainer in Skills

Use all your experience and help others with your knowledge. All the work experience you have gathered all these years, use it wisely in imparting the tricks and training people who are new to the field. If you have been at your best in your work while you were at service, you can share your expertise with others through training.

Financial Advisor

People who retire have actually lived life and experienced the swings in the market. They precisely know how the market functions and what decisions are to be taken when you are financially burdened. If you have managed your finances properly during your work life, you can become financial advisor and help people to effectively use and invest money. Don’t let the experience go in vain!

Take up Teaching

Teaching can be an option for people who have the mastery in explaining things to people. Retirees who enjoy working with young people, might enjoy being a teacher and mingle with students. Universities sometimes hire teachers who have practical experience about the subject so that they can provide realistic ground-level information along with theory knowledge. You can be a personal academic tutor too.

Open an Eatery or Sell Home Made Foods

If you love cooking and if you have the trick to tickle the taste buds, you should think of starting up a startup that serves people with delicious food. Cooking is fun, and you can make this fun-loving hobby as your business. Give it a thought, you are assured of making profit in food-related businesses.

Painting/Interior Decorating

If you have a creative ideas running in your mind, painting or interior designing is just your thing! If you have an eye for colour, good attention to detail why not consider painting or interior decorating as a retirement business and share your creative skills with the world?

If you are planning to start a business after you retire, asked yourself, “Should I be starting a business?”. The answer solely depends on your goals, personality, and retirement income needs. Just keep one thing in mind, there are plenty of benefits to starting a business in retirement!

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Business motivation

Top Future Business Ideas: 4 Unique Ideas That Will Work In 2020 And Beyond

बिजनेस बढ़ाने के टिप्स
बिजनेस बढ़ाने के टिप्स

The present is where you learn about the opportunities, the future is where you make those opportunities your reality! We all know that most of the startups are shut down in their nascent stage but are not really aware of the reasons behind it. The primary reason is the sheer lack of creativity and artistic approach. 

Through this piece of news, our intention is very clear and that is to introduce you all to some of the business ideas that possess very high potential to become successful in the future. If you are among those many others who are trying to identify Future Business Ideas, this article can help you to identify them. 

What Is A Future Business Idea?

Before taking you aboard, we want to have you a clear understanding of what a future business idea actually means? Think about what all is required to make a business thrive other than just sufficient capital and efficient management. We also did some thinking and found out that staying up to date with the current and future business trends is what makes all the difference and this is the main focus of our article.  Our main focus is to help you build a futuristic approach to figure out what business idea could work the best for you in the near future.

Help Them Bridge The Gap With The Last-Mile Delivery

Ever heard about this service? Not many have, and that’s good news for you. This is a very essential service that the delivery companies these days subscribe to as it helps them make deliveries possible to the remote and rural areas where they generally can not reach. If logistics is something that might be of interest to you, you can try your hand at it by setting your warehouses on the outskirts of a few cities of your choice. 

The Sun-tastic Idea Of Solar Energy Setup

It is no breaking news that India is a hot country with a lot of sun exposure. The way we have utilized this amazing source of energy has been extremely underwhelming. Nonetheless, these days people are getting aware of the fact that with the help of solar panels they can generate electricity in abundance with little to no help required from anybody else. The way you can encash this opportunity is by helping them provide the equipment and set it up accordingly. It’s a business that has a lot of potential to flourish in the future!

The Co-Working Space, Because Sharing Is Caring

Do you know how much it costs to rent an office all by yourself? We are pretty sure it would burn a hole in the pockets of many as it’s not everybody’s cup of tea to afford to spend that much on rent! This is the reason why co-working spaces are getting popular these days and will continue to experience the surge! So, take our word, the future is bright here.

It Is A Win-Win Situation With Business Outsourcing

It has become a trend or more of a need to minimize the operational cost of your business to maximize the profit without compromising with the quality of work. Like the way necessities have been giving birth to the invention since ages, businesses have also found a way out by outsourcing service from someplace affordable. Businesses these days, rather than hiring local full-time employees, are preferring freelancers to get the work done. These freelancers are mostly from developing countries, where the resources are extremely cost-effective. So, if you are a  skilled freelancer, you can start offering virtual service by helping them expand their business.

We’re are sure you all are as excited as we are about all the possibilities that are yet to be explored. Just have an open mind, look around for some inspiration, do some research, and you will not be far from landing the dream business idea that will surely change your life!

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Business motivation

Small But Smart: 4 Business Ideas for Starting Small To Go Big

A business might be small but the dream is always big and special and that is to make a mark for yourself in the entrepreneurial world making a difference with your efforts! It is said that to reach somewhere big, you need to start small. So, why not start with establishing a small business of your own to test the waters? In India, there are plenty of opportunities for you to bring the best business ideas to existence and earn a decent living out of it.

 

One might get confused as to what business idea would work out for them as there are many business ideas out there to consider. Worry not, always choose the one that matches your niche as well as the budget! Choose the one that ignites the fire within you and invest in it 100% of your blood, sweat, and hard work to pass this test with flying colors. Worry not, we have got you covered. We will share a few ideas with you that might have your interest, stay tuned.

It’s The Matter Of Band-Baja-Baraat

Yes, wedding planners are what we are referring to. India is the land known for its larger than life weddings. People these days have generous budgets for organizing a wedding, however, sometimes struggle to make it happen as efficiently as they want. If you have to notch management skills and an eye for creativity, your search ends here.

Everybody Say Cheese 

Professional photography is another thing that has emerged as one of the most profitable businesses in recent years. Everybody wants to capture the special moments of their lives in the most special manner possible and this is where professional photographers come into the picture. If the idea “clicks” with you, you are just a DSLR camera away from starting your photography business.

Win Them Over With The Edible Love

This profession/business has helped many women/men who are extremely skilled in culinary art get their act together and make the best use of their cooking skills. If you get into this business, your primary concern should always be to serve the food hot and fresh to your clients without any delays. Once you get a hang of it, you can add team members to expand the business and go big.

Be There For The Little Ones

Dear readers, Daycare is one of the businesses that will help you contribute to the progression of this society and we will tell you why. Many women after having children are left with no other option than to leave their job and care for their baby 24*7! In recent years, these daycare services have emerged as a big helping hand for such mothers/families who do not have anybody else to look after their angels. If you love being around children, this is it for you. Help women be their most productive selves at work, while you give a warm and loving environment to the apple of their eyes!

At the end of the day, every business, regardless of its size, comes with a few advantages as well as consequences. It all boils down to what business idea do you find worthy of dealing with the consequences that tag along! Nonetheless, in the process, never lose faith in your capabilities as this faith is what will help you achieve your goal to become an entrepreneur.

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Business motivation

Businesses Of Future: 3 Ideas That Are Going To Hit The Jackpot

“For the canny and the farsighted, vast deficits also create vast opportunities,” says Simon Dunstan and we could not agree more! It is very important to be farsighted with your approach as an entrepreneur for the opportunities are many, if only you can filter out the booming sectors and the business ideas of tomorrow to be prepared in advance.

The future business ideas are generally far too out there and are often ridiculed and looked down upon by many just because of their low viability quotient in the present times. However, we all have witnessed how some ideas that sounded stupid back then have worked wonders when actually were worked upon. The perfect example would be Tesla, how the idea was discouraged, and how it became a giant success.

Try and wrap your head around these new and unique future business ideas that you can prepare yourself for.

The Future Belongs To Drones

Yes, you read that correctly. The future holds many business opportunities around the world which involve drone technology. Nowadays the demand for drones to deliver the products directly to consumers has been dramatically increasing as a result of social distancing norms and the paranoia of many consumers. Safety, these days, has become the utmost priority of the consumers and businesses are leaning towards drones to cater to these needs. 

These drones will not be useful in COVID times, but also prove to be quite helpful during an unfortunate natural disaster or in reaching remote areas. We advise you to do your homework on drone technology and if it is something that interests you, you are sorted for a very long time.

Save The World From Cyber Criminals

With time, many businesses have gone online to grow at an exponential rate as today’s consumer relies heavily on online commerce. When businesses go online, they almost always need a website. With these many websites around, hackers have become very active these days and have not been shying away from crashing the site and exporting money in lieu of it. To tackle these attacks, we do have a few agencies but there aren’t enough. If this is your niche, this could be the best business for you to be in as the competition will be low, you will have the upper hand in pricing, and the future will be brighter than ever.

Encash The Cashless Generation

In today’s day and age, almost everybody has a smartphone and can access the internet. With this facility available to most of us,  we are slowly and steadily shifting towards a lifestyle where even the smallest of the purchase will be made online. As online transactions have emerged as the need of the hour, a few groups have already marked their presence and are doing very well as e-wallet service providers. However, as there are still new people joining the bandwagon every single day, this business will bloom even further. Now that the cost of developing an app has been brought down drastically as there tons of skilled freelance developers out there, you can start this business with a small investment, if it interests you!

We can only suggest the destination, but it’s for you to cover the journey and make a difference with your efforts. Don’t let others make you think otherwise of an idea that you know you are confident of. Just make sure that idea solves a problem that might look small today but take a bigger form tomorrow and the rest will fall into place!

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Business motivation

Trending Business Industries That Are Both Viable And Profitable

बिजनेस मॉडल
बिजनेस मॉडल

Have you ever thought about what life would look like after 2020? Imagine it to be a plethora of opportunities that you, as an entrepreneur can encash. If we talk about the changes, a lot of differences have been observed and we can expect more of them as consumer behavior has been changed drastically and so has the market. Also, when you think of beginning another business, you ought to consider the potential ventures your organization may have the best chance to contend in. Based on these changes and many other factors, you can decide which trending business idea is the one for you. We bring to you a list of 4 such industries that are the most promising for startups in 2020-2021.

Health Is Wealth–Indeed

It should not come as a surprise to anyone as we declare health and wellness to be the industry that is at its all-time high. Due to the ongoing pandemic, everybody across the globe has become wary of their health and well being more than ever. This is the reason why this industry in particular is booming and could be one of the best opportunities for you to set your business in. To make your mark in this industry we would suggest you all to think differently and dig deep into biotechnology, elderly caregiving, personal training, etc.

Green Is What? Good

People are very conscious these days of not using anything that may harm the environment. This is an extremely welcoming change and could prove to be an equally wonderful opportunity for entrepreneurs to set their foot in. You can offer your consumer base products that are high in quality, are environment friendly, and support the sustainable lifestyle that today’s consumer is shifting towards. If you are one of those who do not believe theories, we will bring you the facts that will certainly change your mind. Do you know that Sustainable product sales are estimated to reach $142.4 – $151.1 billion by 2021? That’s huge. Act smart and grab this opportunity as it is not only promising for you, but for the environment as well.

Technology Is Here To Stay

Technology has made it clear to the world that without it being efficiently used to grow further, the progress is out of the question. All the popularity the technology has gained in recent years has only proved that it can be a game-changer to help a business grow by leaps and bounds. Giants like Apple, Samsung,  and Google have their entire business set on science and technology. The technology industry across the globe is estimated to grow to $5.2 trillion in 2020 at an amazing rate of 3.7%. Also, it is noteworthy that 44% of the businesses across the globe are planning to increase their budget to spend on technology. 

Take Control And Get On The WHEELS!

In today’s day and age, people heavily rely on transportation, to be more specific, public, and private transportation. This statement backs our statement that the transportation businesses are experiencing a surge and would be the perfect industry for you to be in if this is your niche.  We all have witnessed the sharp rise in the number of cabs that continuously do rounds on the roads in many of the big cities as it has trend out to be a profitable business for many. You can think of initiating a startup based on app-based taxi service, rental car business, truck transportation services, and many more such ideas. 

A plethora of great business opportunities is waiting for you out there, if only you have the eye to identify. Take inspiration and motivate yourself to be a great leader who is very observational when it comes to the changing market trends, a shift in consumer behavior, and the newest trends doing rounds in the field of science and technology. Always remember to not resist the change for it is the only thing that will keep you relevant and in business.

 

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Business motivation

3 Trending & Profitable Business Ideas Amidst COVID-19

बिजनेस टिप्स
बिजनेस टिप्स

“Thank god, I didn’t start my business in 2020.” Have you also been having the same thoughts? We all know how numerous businesses, big or small, have taken a hit because of the lockdowns and social distancing to avoid or delay the spread of covid19. Looking at the condition of these businesses, many business ideas have been shelved by the entrepreneurs that were supposed to go on the floor in 2020.

 

Nonetheless, the show must go on. We can’t let this pandemic rob us of our zeal, passion, and desire to start a business of our own. But then, the business idea needs to be relevant and viable enough to survive the changed consumer behavior and the drastic market shift. Stay with us as we introduce you to 3 such trending and profitable business ideas that will be beneficial for both you and the consumer.(Dr Vivek Bindra to Share Business Expansion Strategies During World’s Largest Webinar ‘Retail Ka Mahakumbh’ on September 27 Click Here to Register Now)

Blog It Out

It is not possible to talk about trends and not include technology. The combination of trends and technology has become a rage over years. If met with amazing writing skills, this already amazing relationship between trend and technology can work wonders. Yes, we are talking about blogs. This is one business that has maintained its title as the most exciting and profitable business around in and posts the COVID-19 era.

With the help of a blog, you can sell your time as a consultant or a coach, promote your own products(SaaS), or get into affiliate marketing with the help of affiliate programs. Just choose what is your area of interest and what your blogs should be based on while keeping in mind the primary business factors as well as your passions.

Dropshipping Is The New Black

The global pandemic of COVID 19 has made the e-commerce industry grow at an exponential rate as a very high number of businesses have gone online which sits well with the customers who have completely resorted to online shopping. Now the question arises, as a business owner how can you encash this opportunity. Our suggestion would be to become a dropshipper. A dropshipper is a retailer who takes online orders on behalf of a manufacturer. 

He takes the orders, passing it on to the wholesaler or another retailer who then directly ships it to the customer. You can research what products have been trending and post that you can decide on the best e-commerce platform for you to start the business.

This Web Is Good To Develop

What do you think happens when most of the businesses choose to go digital? They need websites. Now is the best time to get into the business of developing web for many needy businesses that are looking to cater to the massive population present online. If you are good at coding and have an interest in developing web content, this is your Jam. If you are skilled enough and offer better prices than many coders out there, you will have immense scope for you to set your business and take it to new heights.

At the end of the day, what seems to be working well for others might not be the best option for you. We all have different passions, niches, and budgets. We would lightly recommend choosing a business that matches most of your requirements on the checklist. All 3 ideas that we have shared with you have immense potential even when operated on a smaller scale.

 

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Startup

Starting Up a Business: 5 Things Young Entrepreneurs Should Know to Make Their Business a Success

Entrepreneur (Photo Credits: Unsplash)

It might seem hard to start to a business, but when the entrepreneurial project gets going, the brain behind it rejoices. However, in order to make your business a success, there are several things that you need to consider before you start your business. Young entrepreneur venturing into a new business, keep looking for ways and means to help them achieve their goals. Young entrepreneurs are at an age where they need a platform to prove their caliber. They want to run something of their own, create more job opportunities and be a part of the growing India.

Here Are 5 Things That Young Entrepreneurs Ought to Keep in Mind:

  1. Know your product: The first important thing before starting any business is that the entrepreneur should know in and out about his product. He should first, himself, know what is product is all about, how well he can pitch about it in the market, what is the demand of the product, and so many other related questions. A young individual will always know what is in trend and things that work in a market.
  2. Know your market: Understand who your target audience is! Before starting up a business, a young entrepreneur should very well understand what the need of the hour. Of course, there are other competitors in the market, so a beginner should consider all the risk factors before venturing into something new.
  3. Do what you love: Take your time and understand what you love. Let your passion be the driver for your product or service, which will always keep you motivated and get you going through the tough times. Before starting up a business, one should think with a calm mind as to what one loves because when you work on something that you actually care and love, you’ll probably be happy and make the idea a reality.
  4. Find a mentor: No matter how intelligent you are, you may falter! Hence, it becomes really important to find a mentor who can guide you and let you know when you go wrong. Find someone who can open your mind and share your ideas with. Surely, your ideas will be shaped in a better manner which will be easier for execution.
  5. Perseverance and Patience: The most important trait of any businessman is perseverance and patience. These 2 Ps go hand-in-hand and help people to get better and win laurels in their work. Once you have thought about an idea, don’t give up and work on it until you make it a success. For young entrepreneur, it is an added advantage that they have time, even if Plan A doesn’t work, then be ready with Plan B. There might be rough moments in your entrepreneurial journey but you have to keep working towards your goal.
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Business motivation

Diwali 2020: 4 Seasonal Business Ideas To Light Up Your Festive Season

We are nearing the season of festivities and its reason enough to celebrate and be in the highest of the spirits! These festivities bring a smile on the face of every Indian but as well as provide opportunities for entrepreneurs to think of business ideas that not only help them display their skills but also help them get back on their feet. One such festival is Diwali that is next in line to be celebrated. There are tremendous seasonal business ideas that can be explored or discovered as it is undoubtedly one of the biggest festivals celebrated in our country. 

People from all social classes wait an entire year to make all of their special purchases, big or small, on this auspicious occasion. These purchases can vary from something as small as crackers to something as big as valuables like gold or silver. The idea of this article is to introduce you to 4 business ideas that can help you make good money this festive season.

Make Sweets, Spread Happiness

Festivals without sweets are like an empty box of candies–very disappointing. Sweets are integral and the most celebrated part of any and every festival in India. In these unprecedented times of social distancing, people are looking forward to exchanging boxes of sweets to celebrate the joyous occasion. If you trust your culinary skills and enjoy making lip-smacking colorful sweets, this is the business for you to get in!

Deck It Up With Decoratives

These are the times of COVID-19 and we, being the responsible citizens that we are, are fully aware of our responsibilities to maintain the social distance. However, this pandemic can not distance us anyhow from decking up our houses with beautiful lights, Diyas, candles, and various forms of decoratives. If the artisan in you is excited at the mere thought of starting this business, just imagine the amount of joy it’s going to bring into your life once you start doing it.

Make Rangoli With The Colours Of Joy

Celebrations feel incomplete without our very own Rangolis. A rangoli is mostly designed at the entrance of the house to welcome the visitors as well as the goddess Lakshmi herself. A rangoli not only makes our celebrations more colorful and auspicious but also is said to bring good luck. However, it is not possible for many to spare time to make these colorful patterns, hence they opt for a ready-made rangoli. If you are someone who has an eye for detail and a love for art, this could prove to be a great option for you to make the most of these seasonal festivities.

Those Dry Fruits Are Never Going Out Of Business

We have been exchanging sweets, gifts, and dry fruits every Diwali for ages now! This is the time to make the most of this tradition and get into the business of selling dry fruits. To make the boxes of dry fruits more presentable and visually appealing, you can try various different ways to pack them creatively. People these days are very much into making customized sweet as well as dry fruit boxes. You can unleash your creative side and make the packaging as aesthetically pleasing as possible so that it also qualifies as a gift to be exchanged on this joyous occasion.

These are just a few options picked from the pool of other viable options out there that can help you entrepreneurs set up a seasonal business of your own and network well to continue working on it the next season. These business opportunities are a wonderful way to make good money doing what you love doing the most. We hope this festive season brings you as much joy and positivity as you intend to spread in the lives of people you are going to touch with the amazing skills you possess.

 

Categories
Startup

What is a Unicorn? Here Are 4 Ideas to Help Startups Become a $1 Billion Company

Startup
Startup (Photo Credits: Pixabay)

A unicorn is a term used in the venture capital industry to describe a privately held startup company with a value of over $1 billion. The term was coined in 2013 by venture capitalist Aileen Lee, choosing the mythical animal to represent the statistical rarity of such successful ventures.

According to Investopedia, companies with valuations of over $10 billion are sometimes referred to as decacorns.

According to the Hurun Research Institute’s Global Unicorn List 2020, India is home to 21 unicorns, valued at $73.2 billion. Paytm is India’s highest-valued unicorn, at $16 billion. Top 10 Indian unicorns make up 78 percent of the total value of unicorns, while Paytm alone claims nearly 22 percent of the total valuation share of these unicorns.

Find the right idea

The most essential work of your startup if you are aiming to become a unicorn is to find the right idea for your business. The idea has to be innovative and should have the potential to work. The idea should create a change in customer behaviour and also improve their lifestyle.

Understand the potential of your product

It is very important to understand whether your product will fit the crowded and the cluttered market and has the potential to stand out. Your product should also be attractive enough to encourage customers to pay a premium price on a regular basis.

Keep your customers in the centre 

The job of a startup is to find a solution to a problem that customers want to solve.

Recognise your weakness & Keep an eye on the competition.

Never lose sight of how the industry and competitors are evolving, especially start-ups with new and potentially disruptive ideas. If you have to succeed, along with your strength, it is also very important to identify your weakness. If you understand your gaps and imperfections, you can always make away with them. This ability defines the success of a startup.