low investment startups trending
LOCKDOWNS are there again and the struggle seems to be on the cards, not all of us have forgotten the last year LOCKDOWN struggles where we are forced to sit at home and INDIA witnessed a lot of job cuts or salary cuts. It was difficult for all of us to sustain the difficult times.
Corona pandemic is here to stay , as per the latest guidelines of the WHO , we would witness many such waves of the pandemic before it is controlled forever and the business swings back to normal, until in these trying times we should all be prepared for the secondly incomes to support our living.
Well I think the way the saying goes, SURVIVAL FOR THE FITTEST and it’s not wrong, the fittest here refers to the person who is strong at physiological levels. We can either stand against the government bodies and demand compensations, which we should all understand are limited, and the way the government has worked so far to control the pandemic and ensure well being of the people is remarkable and praise worthy. But in all fairness the government has its own challenges, how many freebees; there is limited tax collections and enormous tasks to control. So in my opinion it’s not fair to curse the government bit we should think in case we lost our jobs what else we can do to earn our livings and support community.
By all means the start ups doesn’t always cost more it can be done, all we need is a little capital –capital here iam talking about is very little ,believe me its like something less than 30-40 thousand to own your start up and lot of hard work to sustain the same
Here we list few easy, low capital startups which are easy to manage and give it a go
HOME SERVICES START UP
What are basic home services , PLUMBER , ELECTRICIAN, DRIVER etc here is the catch , now all you need to do is recruit a plumber, electrician at your rolls or initially you can take them on the commissions, that is you give them a lead and take you charges .
What you need here is a APP and website to promote, and initially focus on the local area and similarly focus your local area marketing thorough face book groups or local outreach. It could also be promoted via small banners, stickers or information boards in housing societies etc.
Economics – Target at least 50 calls per day initially and grow ergonomically with at least 15% referral commissions
SOCIAL MEDIA INFLUENCER
Become a social media influencer, over the period if you have been good at social media dn active on instagram, Face book or any other medium ,this could be the time to reap the benefits.
You should be smart enough to ensure there is continuous feed to your followers, it could be anything like comic stories, short clips, purposeful readings etc . the bigger idea here is more the followers more successful you are as a influencer and can directly be open sourced by the sellers or business promoters or indirectly feature their products over your feeds.
The extent of earning per share goes from $10 to $100 per feed, depending upon the category, product and the audience.
COWORKING SPACES
As compared to the other business this startup of co working spaces may seek a little more investment, but this can be worth a effort, you can create a small work desk for yourself and even let others hire your workplace for the slots . One big advantages to this business is of immense networking, as you daily have either repeat clientele who are fixed to your workplace,they somehow attach to you as well on networking which can be beneficial to all in the pool ,second advantage is of joint skill pool , this joint skill pool can create wonders in business as there are people from different aspects of business.
Addition of secretarial services and small food and beverage can be further helpful in generating revenue
TUTORIALS ON UDEMY OR SKILLSHARE
In case you feel like you have special advantage in learning and transform the same to other people willing to learn and adopt , this could be a great platform, registering yourself as a tutor and taking regular skill based coaching . There are many takers on the web, provided you have something unique to teach. Home makers who are good on the kitchen recipes can take on the recipe classes on the web. Even pre recorded videos on tutorials can also be done through various sharing platforms but live classes are always more interactive.amd build more audience.
DIGITAL MARKETING OR SOCIAL MEDIA OPTIMSIER OR SOCIAL MEDIA MARKETING
SOCIAL MEDIA is the in stream now a days, everything is on the online platform , every business is in need of the social media marketing to sell its product and services. They create various media profiles and these need to be optimized in set of preferred audience which can assist them in getting the revenues. These companies hire social media managers to achieve the same. This needs little more than just operating the facebook or twitter or instagram accounts, it needs a professional outlook in how to manage the following tasks
Search engine optimization | social media optimization | building audience |target groups
All these need professional outlook towards the subject. This can be gathered online through self study or even I should suggest in case you want to opt it as you passive income generator than go for a professional short course to deliver the best out of it.
E COMMERCE BUSINESS
E commerce is everywhere, moreover when the retails outlets and markets are closed on the lock downs; the necessities are sourced through e commerce purchases. It’s been studied that every product has a geographical advantage of low cost production like
Cotton apparels can be produced at much lower costs in cologromate markets such as Delhi or UP where the most of workforce comes from
Leather articles can be sourced from AGRA or camel hide can be sourced from Jodhpur and Jaiselmer respectively
If you have the niche of productive designing , mind here productive designing which looks good and features good at economical price you certainly have an edge over the rest. Start a small contract production and start selling it over the e commerce web like amazon –flipkart. It takes just one item to take on the minds of the users , once through you can go big way.
The other way to do this is drop shipping , this itself is one of the most sourced business in india now a days , you source product and suppliers from B2B business sites such a INDIA MART, JD MART ,ALIEXPRESS etc and sell these articles through your own website. One receiving orders you pass on to the suppliers and make commissions on every sell.
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