An idea that sparked in the mind of Sabeer Bhatia prized him a whopping $400 million. That’s the power of a constructive idea but then it is you will have to act upon it to prove its worth.
History has witnessed that only those who have dared to give their ideas a life by executing it have not only tasted the essence of success but also have been a source of inspiration for their offspring. Although, things do not happen the same way every time and that you might face hiccups as well but if you have the correct insight and the relevant skills, it is just a few miles that you need to walk to reach the destiny.
Starting a business doesn’t always require a large amount of capital or human resource. You can do it with a minimal investment and alone too but then you need to have that zeal. Here are 10 businesses that can be started with an amount even lesser than 5 lakhs.
Real Estate
What’s it all about: Providing real estate services to people through internet by having a website dedicated to itSkills Needed: Digital Marketing
Approx. amount you need to Start (Rs): 75,000
Approx. Gross Profit (%):40
Online Ads
What’s it all about: Providing solutions to the businesses looking to reach out to consumersSkills Needed: Online advertising
Approx. amount you need to Start (Rs): 300,000
Approx. Gross Profit (%):20
Digital Marketing Consultancy
What’s it all about: Providing digital marketing solutions to the businesses worldwide
Skills Needed: Digital Marketing
Approx. amount you need to Start (Rs): NIL
Approx. Gross Profit (%):40
Search engine Optimization Agency
What’s it all about: Provide SEO Services to businesses worldwide
Skills Needed: Search Engine Optimization
Approx. amount you need to Start (Rs): 150,000
Approx. Gross Profit (%):35
E-commerce Business
What’s it all about: Selling products online or online retailingSkills Needed: E-commerce marketing
Approx. amount you need to Start (Rs): 300,000
Approx. Gross Profit (%):25
Web Design Internet Business
What’s it all about: Building websites for businesses and handling every projects through the internetSkills Needed: Website designing
Approx. amount you need to Start (Rs): 20,000
Approx. Gross Profit (%):40
eBay Trading Assistant
What’s it all about: Helping people sell their items on eBay
Skills Needed: eBay marketing
Approx. amount you need to Start (Rs): 50,000
Approx. Gross Profit (%):30
Affiliate Marketing Internet Business
What’s it all about: Becoming an affiliate and selling other’s product or services on your website. Besides, can sign up other people to join the same Internet affiliate program.Skills Needed: Affiliate marketing
Approx. amount you need to Start (Rs): NIL
Approx. Gross Profit (%):40
Resume Writing Service
What’s it all about: writing resume for people and handling this business through internet
Skills Needed: Writing
Approx. amount you need to Start (Rs): 15,000
Approx. Gross Profit (%):35
eBooks Marketing Internet Business
What’s it all about: Creating and selling eBooks on various website that promote and sell eBooksSkills Needed: EBook writing
Approx. amount you need to Start (Rs): 20,000
Approx. Gross Profit (%):35
“There are no secrets to success. It is the result of preparation, hard work, and learning from failure. Besides, sometimes when you innovate, you make mistakes. It is best to admit them quickly, and get on with improving your other innovations.”
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This is what! Don’t be afraid of failures but take them as lessons to do better. And why should you be afraid of the failure if things are at right place. However, I know its business and that you can’t predict everything! But the above mentioned businesses are some of those that are meant to give you results you expect. Besides, you don’t even have to invest much in these businesses.
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