AdminA job can fulfill needs but it can never fulfill dreams. Only a businessman can become rich. 90% of people in the world have only 10% of the money and 10% of people have 90% of the money. and none out of those 10% people, does a job.
After thinking about all these things, you decide that no matter what, you want to do business. after investing all your savings and borrowing from family, relatives, and friends, you collect an amount of 8-10 lakhs and start a business with it.
And even after investing so much money, if that business fails, and there are no results after working hard day and night, even after investing so much money, if you are compelled to think if this is the right business or industry,
E-Commerce and transportation:
Amazon This company made its start in India, in June 2013. and in a few years, it started doing business for thousands of crores. According to recent reports, in the financial year 2022, Amazon did a business of 21,462 crores, in India alone. On the other side.
Flipkart Started in India in October 2007, from Bangalore. and currently, it is doing a business of approximately 50,000 crore in a year. similarly, Swiggy started in 2014. And by 2022, it has become a company worth 10 billion dollars, which is approximately 80,000 crore rupees.
If we talk about Zepto or Rapido, Dunzo, Grofers, or Delhivery. all of these companies have started recently, but they have grown with a supersonic speed. and are now doing business worth thousands of crores, every year.
What do all these companies do? If we observe closely, almost all these companies take a product and deliver it from one place to another. and for this, they charge certain commissions. This is why they have been able to grow so fast. Just think, are they delivering their products? Have they produced those products by themselves? The answer is No.
Earlier too, these products were present in the market and customers like us were also there. These companies created a platform that solved the problems of sellers and buyers. Marketing became easy for sellers and the hassle reduced for buyers. going out of the house, shopping in the crowd, bargaining, wasting time. All these problems finally came to an end. You are hungry but do not want to go out.
The first name that will come to your mind will be of Swiggy or Zomato. a person who will bring food for you from one place to another. This too is an indirect transportation business. Earlier, we had to use our personal vehicle or public transport to go somewhere.
But today, the first thing we think of is Ola, Uber, or Rapido. a lot of such platforms are there in the present times. Which deliver things from one place to another and are into the transportation business, directly or indirectly.
So, you too can think of doing something big in this industry. Start doing a little brainstorming and see how you can make profits by investing in this industry.
Education sector:
Every Indian has the dream of giving a good education to their children and that their children grow a lot in life. and for this, they spend their entire life along with money, to give good education to their children.
So, if you are also interested in the teaching sector, or you can directly or indirectly help children in achieving growth, Then you should invest in the education sector.
Udemy started in 2010 and it has become a company worth 4 billion dollars. Byju’s started in 2011 and became a company worth 16.5 billion dollars in 2018. Unacademy started in 2015. By 2020, it became a company worth 3.4 billion dollars.
Similarly, there are ‘n’ several start-ups in the education sector, like, Skill share, Coursera, Eruditus, and upGrad. all these companies have started in the last 5-10 years and these are amongst the top companies in the education sector.
There are a lot of ways to start in this sector. You can open a school, or college, or start a coaching sector. education sector is not limited to only formal education. This sector is not about just science, math, or accountancy.
Even if you are a good video editor, you can start teaching that. If you know to play guitar well, or you can trade well in the stock market, From knitting a sweater to operating a rocket, if you have any skill, You can teach it to other people by opening an offline institute of your own or through online social media. and this will give you a lot of advantages.
Food and Food delivery:
At every 100 kilometers, the language changes and some local delicacy is found.
If we talk about Zomato or Swiggy, they have developed a strong business by combining 2 booming sectors. Food and transportation.
- FreshMenu
- Faasos
- magicpin
- eazydiner
and the list is endless.
These are the companies that chose the food sector and built a strong business in it.
If you want to see a detailed case study of any of these companies, let us know by commenting.
Soon there will be a case study for you, on this channel.
There are infinite business ideas in the food sector.
Like food vlogs, food channels on YouTube, dieticians and nutritionists, home tiffin service, catering, cooking classes, Homemade pet foods, sprout making, micro green farms, ice cream parlor, and the list again is endless.
Now quickly start thinking how you can create something big in the food business.
Agriculture Sector:
At the time of independence in 1947, the population was 39 crores.
In 2022, that population has increased to 141 crores, which means that 100 crore people have increased in 75 years.
So, the production of food grains too should increase. The number of consumers has increased, but the land will remain limited. To increase the production, the Green Revolution started in 1960. In which, Indian farmers were introduced to irrigation facilities, and modern technologies along with chemicals, pesticides, and fertilizers.