Category: Business motivation

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Business motivation

Top 21 Books That Every Entrepreneur Should Read In 2021

Books (Photo Credits: Pixabay)
Books (Photo Credits: Pixabay)

The year 2020 was a transformational year for everyone and 2021 is still a ‘blank slate’ that feels so boundless and exciting. Those who started business in 2020 or before that, now have some idea about how to sustain their business during the pandemic. But still, there are many things that an entrepreneur needs to learn. Bada Business Republic Day 2021 Offers: Know About Offers on IBC, LTM and Other Courses; Check List of Offers Valid From January 26–31.

No need to worry though. One of the best ways to gain knowledge is through reading. New books are published every minute containing insightful details about how businesspeople can grow their business and prepare for the future- here are few must-read books for young entrepreneurs. Feeling Unmotivated? Here Are 3 Bollywood Songs to Inspire Every Entrepreneur.

20 Books That Every Entrepreneur Should Read:

Solving the People Problem: Essential Skills You Need to Lead and Succeed in Today’s Workplace by Brett M. Cooper and Evans Kerrigan

How to Win Friends and Influence People by Dale Carnegie

Courage to Lose Sight of Shore: How to Partner with Private Equity to Grow Your Business with Confidence by Kelley W. Powell

The Psychology of Selling by Brian Tracy

Own Your Career, Own Your Life: Stop Drifting and Take Control of Your Future by Andy Storch

Who Moved My Cheese? An Amazing Way to Deal with Change in Your Work and in Your Life by Spencer Johnson

Move Fast. Break Shit. Burn Out: The Catalyst’s Guide to Working Well by Tracey Lovejoy and Shannon Lucas

Rich Dad, Poor Dad by Robert Kiyosaki and Sharon Lechter

More Good Jobs: An Entrepreneur’s Action Plan to Create Change in Your Community by Martin Babinec

Rich Woman by Kim Kiyosaki

A CEO Only Does Three Things: Finding Your Focus in the C-Suite by Trey Taylor

Thinking, Fast and Slow by Daniel Kahneman

The Extraordinary UnOrdinary You: Follow Your Own Path, Discover Your Own Journey by Simone Knego

The Startup of You: Adapt to the Future, Invest in Yourself, and Transform Your Career by Reid Hoffman

Get Rooted!: Growing People and Companies Through Change by Stacy Henry

The 4-Hour Workweek by Timothy Ferriss

The $100 Startup by Chris Gillebeau

The E-Myth Revisited by Michael E. Gerber

The Extraordinary UnOrdinary You: Follow Your Own Path, Discover Your Own Journey by Simone Knego

Crawl, Walk, Run: Advancing Analytics Maturity with Google Marketing Platform by Michael Loban and Alex Yastrebenetsky

The Entrepreneur Mind by Kevin D. Johnson

Enjoy these gems, some of them are just newly released. We can guarantee you that these books will help you reach your personal or business life goals.

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Business motivation

Feeling Unmotivated? Here Are 3 Bollywood Songs to Inspire Every Entrepreneur

Music| Representational Image (Photo Credits: Pixabay)
Music| Representational Image (Photo Credits: Pixabay)

We all feel low at a certain point in our lives. Good song or music can provide comfort and drive to even the most stressed workers. Shekhar Astitwa wrote these lyrics about working hard and achieving goals. Bada Business Republic Day 2021 Offers: Know About Offers on IBC, LTM and Other Courses; Check List of Offers Valid From January 26–31.

“Pighla de zanjeerein
Bana unki shamsheerein
Kar har maidaan fateh oh bandeya
Kar har maidan fateh”

Especially during the times like pandemic, we have limited inspiration to work and we often turn to music to inspire us. Turning to music can be a good decision as it a healthy way to develop better work ethics. So here are some songs which are inspiring and motivating to hustle more.Small Business Ideas: 4 Businesses You can Start Right Away with Minimum Investment.

“Chale Chalo” From Lagaan (2001)

The team anthem from ‘Lagaan’ is an inspiring song with very uplifting beats. The team motivates you to be a team player and provide that extra boost of energy needed to finish difficult projects successfully. Overall, this song also teaches us patience because the story shows non-professional cricketers learning cricket to defeat much stronger British team.

“Ruk Jaana Nahin” From Intihaan (1974)

The iconic Kishore Kumar song is from the movie ‘Imtihaan’. The song gives a message to keep going even if you fall. The ability to keep going on is the quality that makes an entrepreneur successful.

“Kuch Kariye” From Chak De India (2007)

The melodious song from Shah Rukh Khan-starrer Chak De India is extremely impactful and motivating. “..Kuch kariye,kuch kariye, Nas nas meri khaule,kuch kariye, Bas bas bada bole..!” these lines from the song translates to “Do something, Every vein of mine is boiling , enough of all this big talk, now do something!” It gives you a message to get back on track and start working towards your goal.

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Business motivation Strategy

Bada Business Republic Day 2021 Offers: Know About Offers on IBC, LTM and Other Courses; Check List of Offers Valid From January 26–31

Badabusiness Republic Day Offers (Photo Credits: Facebook)

Mumbai, January 27: Dr Vivek Bindra, a revolutionary entrepreneur, an internationally acclaimed motivational speaker and a business coach, has announced some really exciting offers on Bada Business to help businesses grow and reach new heights. Mr Bindra, who is known for creating Content on Leadership Development, is Helping People across the world in achieving their business goals.

On the occasion of India’s 72nd Republic Day on January 26, the offers have been made available to all. The Bada Business Republic Day 2021 offer will be valid from January 26 to January 31, 2021. Mr Bindra is an acclaimed Executive Coach for over Top 100 CEO’s in India and under his guidance, these courses and offers will help you take your business to new heights.

Some of the offer details are mentioned below:

Offer Details:

Join the Republic of Bada Business – IBC & LTM Offer (For New Customers)

  • Get IBC & Lifetime membership at 72k + GST (Rs. 84,960)
  • Offer available on Direct Payment, Credit Model and Loan Customers

Join the Republic of Bada Business – IBC Offer (For New Customers)

  • 26 Problem Solving Courses free on becoming an Independent Business Consultant.
  • Offer available on Direct Payment, Credit Model and Loan Customers

Grow Your Business 10X (For New Customers)

  • 10 Problem Solving Courses free on purchase of Everything About Entrepreneurship.
  • Offer available for Student & Entrepreneurs
  • Offer available on Direct Payment, Credit Model and Loan Customers

EAE to IBC Upgrade Offer (For Existing Customers)

  • Existing EAE Entrepreneur & Student Customers and PSC Combo Customers can upgrade to IBC + Lifetime Membership at 36k + GST
  • Existing Chote Miyan Customers can upgrade to IBC + Lifetime Membership at 45k + GST
  • Existing Bade Miyan Customers can upgrade to IBC + Lifetime Membership at 53k + GST
  • Offer available on Direct Payment, Credit Model and Loan Customer.

10 PSC List:

S.No. Course Name Net INR Gross INR USD
1  Finance for Non Finance Manager (FNF) 12,500 14,750 220
2 ERP 12,500 14,750 220
3 Working Capital (WCM) 10,000 11,800 170
4 Pocket Money to Professional Salary 19,000 22,420 320
5 Zero Dollar Marketing (ZDM) 14,500 17,110 245
6  SPICE- Smart Presentation for Investors, Customers & Employees 14,500 17,110 245
7 Fund Raising 19,500 23,010 330
8 How to Start a Startup? 19,500 23,010 330
9 How to sell? 14,500 17,110 245
10 CRM 12,500 14,750 220
 Total 149,000 175,820 2,545

26 PSCs List

S. No. Course Name Net INR Gross INR USD
Launched Courses        
1 Finance for Non Finance (FNF) 12,500 14,750 220
2  ERP 12,500 14,750 220
3 Working Capital (WCM) 10,000 11,800 170
4 Busyness to Business  (B2B) 14,500 17,110 245
5 Zero Dollar Marketing (ZDM) 14,500 17,110 245
6 SPICE- Smart Presentation for Investors, Customers & Employees 14,500 17,110 245
7 Fund Raising 19,500 23,010 330
8 Personality Development 14,500 17,110 245
9  How to Start a Startup? 19,500 23,010 330
10 HR 12,500 14,750 220
11 Pocket Money to Professional Salary 19,000 22,420 320
12 How to sell? 14,500 17,110 245
13 CRM 12,500 14,750 220
14 Debt Management 14,500 17,110 245
15 Customer Service 12,500 14,750 220
16 Business Automation 14,500 17,110 245
17 E-Commerce 25,000 29,500 420
18  English for Business 14,500 17,110 245
19 Export-Import 14,500 17,110 245
20  Family Business 12,500 14,750 220
21 How to Scale a Start Up 19,500 23,010 330
22 Passive Income 14,500 17,110 245
23  Stock Market 10,000 11,800 170
24 Video Influencer 14,500 17,110 245
25 Whatsapp Marketing 14,500 17,110 245
26 Stress Management 12,500 14,750 220
 Total 384,000 453,120 6,550

 

Mr Bindra has inspired millions of people across the globe by training in more than 25 Countries. He has been bestowed with the Honorary Title of ‘Think Tank of Corporate Asia’ by World Leadership Federation, Dubai.

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Business motivation

Here are 4 Profitable Startup Business Ideas that Give you High Returns

high returns business
अर्थव्यवस्था में हो रहा सुधार

A brilliant innovative startup idea alone can create a game-changing business. If we trace the business history of India, we will realize that the market is the playground for ambitious entrepreneurs.

These ideas, if well-executed, can build you a company with low investment while getting you the highest possible returns.

If you feel you too have the business acumen to influence the market but do not have an idea, to begin with here is a list of business ideas:

Event Management Company

If you love to hang out with people, building a strong social network, exploring venues for parties and events, meeting with sponsors, and doing everything that requires you to be on the field 24 x 7, then this business idea can make your dream come true.
Event managers can barely spend any time in the office. Hence, with a good marketing strategy, you can earn lakhs and crores.

Wedding Planner

Indian weddings are a matter of fascination for the entire world. Whether the economy is going down or booming, weddings never go out of fashion. From an intimate and personal affair to ‘big fat Indian weddings’, the wedding industry presents great opportunities for those, who love planning, decorating, and building social networking.
The initial investment is not typically low, however, the returns are in lakhs and crores once the business scales.

Food Catering Business

Everyone loves delicious food! Every occasion like parties, birthday ceremonies, anniversaries, and weddings require great food to make it even more enjoyable. Hence, venturing into a food catering business can be an ideal deal.

For a food catering business, all you need is a kitchen and small staff to cook lip-smacking cuisine, serve, deliver and manage logistics.

Travel Agency

As the millennial-generation has started spending money on exploring various places, the travel industry in India has witnessed a boom in the past decade. Keeping to traveler`s changing needs, this business idea is perfect for aspiring entrepreneurs to invest their money.

Initially, do not invest money and tie-up with a host-agency instead. By doing so, you will get help with ARC, IATA, or CLIA numbers faster. This step can help you earn higher commissions while keeping your costs low.

As Walt Disney said, “If you can dream it, you can do it”. On that positive note, we would like to say just one last thing. So while each of the above-mentioned business ideas has its fair share of risks & surmountable barriers, they also hold great potential to make you the next successful entrepreneur.

If you too are looking to make a great start with innovative business solutions, join our popular ‘Everything about Entrepreneurship’ course. Visit https://www.badabusiness.com/?ref_code=ArticlesLeads now

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Business motivation

Top 3 Benefits of Enterprise Resource Planning to Solve Every Organization`s Burning Problems!

Enterprise-Resource-Planning

In a constantly evolving business world, making an informed decision is a necessity. With the dynamic organizational environment that keeps shifting its pace now and then, it is vital to have updated data. But what is more essential is to have a centralized location of data that is easily accessible.

This is the reason that big to small and medium-sized companies all are now relying on using Enterprise Resource Planning (ERP).
But what exactly is Enterprise Resource Planning?

Enterprise Resource Planning system is a smarter way to integrate your multiple key business processes into a single system. It makes the entire process simple, and more efficient for the current as well as the future scenario.

It integrates a bunch of business applications into one. ERP tools cover expansive and deep operational end-to-end processes such as Finance, HR, manufacturing, distribution, supply chain, and services.
It acts as a catalyst for business innovation and along with reducing the IT cost, it also provides an excellent platform for business efficiency. ERP systems enable greater insight and increase visibility into the supply chain operation in an organization.

Benefits of Enterprise Resource Planning

ERP systems are an asset for many small to medium companies. If you have multiple applications for various departments, an ERP system can unify them all.
It can make your business run smoothly by protecting your information, producing easy-to-understand reports, and automating processes. Here are some of the ERP benefits that you will get after implementing this software:

1). Reduce IT Costs

An Enterprise resource planning system is the best way to reduce IT expenses due to dedicated staff, support teams, infrastructure, and licenses. An ERP system is often a large investment, yet customizing the system according to your requirements, can reduce the cost.

2). 360 Degrees Visibility

Just like a bird-view, an ERP software gives complete access to everything important associated with your business. It allows the access of all the data from individual departments to you as well as the senior management.

3). Single Reporting & Planning System

This is one of the major reasons behind the popularity of ERP systems. Apart from providing better insights, it also offers better visibility of each department. If you want a single and unified system of reporting, nothing can beat an ERP system.

An enterprise resource planning can help you generate useful reports and analytics for every process in the organization. From customer reports to income, and cash flow statements, the ERP system can generate quick reports without IT intervention.

Are you an entrepreneur who is looking to have integrated business operations or a solopreneur who is juggling multiple software to keep your business run smoothly? Then get all your problems resolved with our Enterprise Resource Planning problem-solving course.

Click here to know more:  https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Business motivation

Starting a Cloud Kitchen Business? 5 Steps to Help you Set it Up!

Cloud-Kitchen

Since the pandemic imposed itself upon us, most people prefer to dine-in indoors. With the anxiety and fear associated with the COVID 19, takeaway meal options and cloud kitchen is trending in India. And there are signs that the trend of cloud kitchen business is here to stay.
According to a Livemint report, the cloud kitchen business is expected to become a $2 billion industry by 2024, which was $ 400 million in 2019.
A cloud kitchen is primarily a restaurant kitchen that offers food services to consumers. They do not have any physical dining space and only take delivery orders that are placed online. Cloud kitchens are also known as virtual restaurants, dark kitchens, ghost kitchens, and satellite kitchens.
Some of the best examples of cloud kitchens are Faasos by Rebel Foods, Biryani by Kilo, and Hoi Foods. If you too want to venture into the cloud kitchen business, here is everything else you need to know:

1. Location

The idea of a cloud kitchen business needs low-investment and the reason behind it is the real-estate cost. When it comes to the cloud kitchen business model, the location does not play a vital role. However, proper sanitization and water supply are required.
Choosing a location for your cloud kitchen can make a huge difference if selected carefully. Also, the location should be chosen based on the type of food you are selling and the customer demographic.

2. Choosing Online Food Delivery Platform

Once, the location is selected for the cloud business kitchen, the second step involves selecting a technology to receive orders and get them delivered. Platforms like Swiggy, Foodpanda, and Zomato are some of the most established online ordering and delivery platforms.
These online platforms accept orders on your behalf and also deliver them at the customer`s door-step after picking them from your cloud kitchen. They will usually charge 18-30% of your revenue per order.

3. Build a Website

The cloud kitchen relies solely on its online presence, which is why building a great-looking website is essential. A brilliant-looking website with appealing food pictures will draw in customers.
Various website developers can build a beautiful website that will increase the appetite of customers at a low-cost. You can also offer your customers a facility to track their orders on a real-time basis.

4. Get a License

Getting a license is an integral part of setting up a restaurant. There are few licenses like FSSAI, GST Registration, fire licenses, and Municipal health trade licenses. It is important to get these permits in the first month of operations for a smooth cloud kitchen business.

5. Kitchen Equipment & other Raw Materials

Depending on how vast and expansive is your food-menu; the cost of setting up a cloud kitchen may vary. If you spend wisely on kitchen equipment like old tables, storing shelves, racks, you can save a lot of money.
For raw materials, it is important to choose the right vendors at the early stage. When it comes to packaging, you should allocate an extra budget. Many people think that packaging does not require much. But, packaging plays a huge role in a cloud kitchen business.
Good packaging can preserve the quality of the food and keeps it in a good shape. A creative take on the packaging also creates a good brand image.

6. Choosing Staff

The secret recipe of a successful cloud kitchen is the team lead by a highly professional chef. With the Chef being the most critical part of the team, you can offer your customers an exquisite food menu. So, pick wisely.

7. Point-of-Sale Technology

It is important to keep track of the number of orders coming from diverse online platforms in a cloud kitchen business. Choose a customized POS to suit all your requirements on the online ordering website.

Do you want to start a cloud kitchen? Get the support and guidance of top industry experts to help make your plans a reality. It’s a wonderful opportunity to learn more about starting a cloud kitchen business so do seize this opportunity now with our problem-solving courses.
Click here: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Business motivation

5 Steps to start a Honey Business in India

honey business

With more and more people becoming health conscious, honey seems to have replaced sugar in most Indian households, restaurants, and cafes. And just like Winnie-the-Pooh, the Indian entrepreneurs are excited at the mere mention of its name and willing to dip a finger into the sweet honey business idea.

When Kolkata-based Aayush Sarda came with a startup ‘Sweetness of Ethics’ to aid the victims of cyclone Amphan to the source, package, and market the pure honey, no one expected its success. His enterprise is now selling 1,200 bottles every month.

The apiculture or honey bee farming business in India is a growing trend. It can either be done as a standalone commercial honey bee farm or can be easily integrated with crops to increase the yield to make some additional profits from the honey business.

If you are a beginner and have a desire to start your own business, honey bee farming can be a brilliant idea.  Here are some of the best tips that will help you to start your business:

  1. Start Early in the Season

Starting a honey business in India will bring profits only when it is started at the right time. To get the full nectar from the flowers, a beekeeper should begin his venture early in the season. Though apiculture can be started in any season, as honey bees are fond of warm weather, the spring season is ideal for honey business in India.

  1. Get your List Ready

Beekeeping requires a lot of things, so it is important to prepare a list. From Beekeeping equipment to Honeybee varieties, make a list of all the things that you might require to have a hassle-free process.

  1. Pick high-yielding Bees

Anyone who is thinking of starting a honey business wants good honey yield. It is always a great idea to research well on the type of bees and which one you should pick. For beginners, it is good to pick Apis Dorsata or the Apis Indica-the Indian Bee. These are the most common Honey Bee species in India and hence, perfect to start the honey business.

  1. Begin with Nucleus Colony

It is common to be a little unsure when starting a new business. Hence, it is better to start with a Nucleus Colony. Starting with a Nucleus Colony will provide a clearer picture about beekeeping and a better understanding of bees.

  1. Pay a visit to Bee Hives Every 7-10 Days

Beekeeping is different from regular farming. There are different issues that you will have to deal with. Issues like lack of flowers, pollution, crops, and radiation are killing bees. Hence, you must pay a visit once, every 6-7 days to keep tabs.

Beginners should keep things simple in the early stages. Do not expect a high yield of honey in the first year. Learning is a process! Continue practicing and acquiring knowledge based on your first attempt and apply it the second time.

However, not all are born with entrepreneurial skills like Aayush Sarda. But as we said you can gain knowledge from top industry experts. Join our Everything about Entrepreneurship course to know more. Click here https://www.badabusiness.com/?ref_code=ArticlesLeads

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Business motivation

February 2021 Shubh Muhurat Dates: Lay foundation for New Business venture on these auspicious dates

auspicious days February 2021

Whether you are planning to start a factory setup or a business startup, every aspiring entrepreneur, solopreneur and wantrepreneur want to be successful in a new project. A right beginning can make things easy and smooth, especially when you are starting a new business.

Starting a new business, opening an office or a shop on an auspicious date can bring fortunate luck, prosperity, success, and growth to the business owner.

In Hindu culture a Shubh Muhurat holds significance. A shubh Muhurat means an auspicious time that is based on the calculations and positions of the planet in the solar system. Based on these astrological calculations auspicious dates are decided.

Starting a new factory set-up or a business on a Shubh Muhurat date will keep the hurdles at bay, ensuring the success of your business. The month of February 2021 is predicted to be immensely auspicious for the shop-owners, entrepreneurs, and solopreneurs who want to lay the foundation of their new startup.

Here is a list of all the auspicious dates in February 2021 on which you can start your dream business startup:

14 February 2021– The 14th February this year is falling on Sunday and is considered to be auspicious. There are two Shubh Muhurat timings from 7.30 AM to 8.57 AM, and 10.22 AM to 06.27 PM.

18 February 2021– The 18th of February is Thursday and is a perfect day to do the inauguration of a shop or a factory setup. The auspicious timings begin from 10.06 AM to 11.41 AM, and 01.37 PM to 06.12 PM.

19 February 2021– The 19th of February is Friday and the shubh muhurat starts from 07.07 AM to 11.37 AM.

25 February 2021– Considered to be extremely auspicious, the 25th of February is Thursday. You can lay the foundation of your new business between 03.24 PM to 05.44 PM.

27 February 2021– 27th Feb is Saturday and if you are planning to open a shop, it is the perfect time to do it. Do the inauguration of your shop from 01.01 PM to 07.54 PM.

28 February 2021– The last day of the month is falling on Sunday and the best time to start your business is from 07.18 AM to 11.02 AM.

The above-mentioned dates in February are extremely auspicious according to astrology. So, plan the start of your venture around these auspicious dates and take your first step towards success, growth, and wealth.

 

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Business motivation

How to Start a Coffee Stall Business Under Rs. 20000

coffee stall

Mornings are incomplete without a coffee. And it is no secret that we Indians love our morning brews. Whether you have to rush for a morning meeting or manage your household chores, a hot cup of coffee gives a great start to our mornings.

According to a report published in Economic Times, India is now the world`s 10th fastest growing market for specialist coffee and tea retail chains. The industry is estimated to grow 6.9% a year to Rs 4,540 crore by 2023 in value sales’.

The industry has gained popularity, especially among young consumers. Specialist coffee shops attract youth, especially in large cities. So, if you are planning to open a coffee stall business in 20K, it would be a perfect time to do it.

Opening a coffee shop can be profitable and a self-rewarding business. So if you are a young entrepreneur who wants to become financially independent, open a coffee stall business.

Here is a step-by-step guide to help you come up with a brilliant coffee shop business plan:

  1. Choose a Coffee Stall Business Model

Having the right business model is paramount for any startup business. Hence, you will have to decide which type of business you would like to start. You will have to zero in on whether you want to come up with a small coffee stall or a café.

A small coffee stall business sells low-cost tea to the customers along with snacks. Depending on your investment capacity, you can decide whether you also want to provide seating arrangements to your customers. You can use disposable cups and provide snacks like omelets, toasts, and other snacks.

This is a low-cost coffee shop business idea and can be started with as low as Rs 20K.

  1. Franchise or Ownership

In urban as well as cities in rural areas, the demand for coffee has gained popularity. A lot of companies are now offering franchise business opportunities to new entrepreneurs, solopreneurs, and wantrepreneurs.

If you want to start a coffee and snack stall with a brand, then a franchise is the best option for you. Why? Because an already established brand will attract customers since the very first day.

However, if you want to start your own coffee stall business under Rs. 20,000, then starting your own business is more profitable for you.

  1. Select a Location

The next thing that you must do after deciding the business model, you will have to find an apt location for your coffee stall. The choice of location can be the deciding factor between success and failure.

  • Always select a place which is located in a busy market or shopping area. This will ensure you get high footfall throughout the day.
  • The location should also be easily accessible by the consumers. Your selected place must also possess great visibility too.
  • It is very important to understand your target audience. You can then choose your location accordingly.
  • The location should be affordable too. It is best to choose a place for your coffee stall business that is easily affordable. Also, check the lease fluctuation patterns of the past few years.

 

  1. Business Registration & License

Most of the coffee stall businesses in India run as proprietorship models. If you too are planning to follow the course, your PAN card is sufficient for that. You will also need a Trade License from the Local Municipal Authority.

  1. Go Online

With a nominal investment, you can sell your coffee online on the internet. If you do not have enough funds to advertise, you can use the power of social media platforms.

The online presence of your brand on popular networking platforms like Facebook and Instagram can help to build your brand`s reputation.

Opening a coffee stall business in India is one of the most popular business ideas. However, it also needs a great deal of market research and business planning. You can learn the dynamics of business, challenges you might face, and solutions in advance to make your business successful with our Problem-Solving Courses.

Want to start your own coffee stall business? Click here: https://www.badabusiness.com/psc?ref_code=ArticlesLeads

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Business motivation

3 Brilliant low-investment Online Businesses to Start Now!

onlline business

Have you lost your job recently or want to quit your dead-end job to follow your dreams of starting an online business? If you can feel yourself nodding, then keep reading!

The Indian startups of today are the MNCs of tomorrow that can go a long way in achieving the goal of ‘Astmanirbhar Bharat’, Prime Minister Narendra Modi said, after laying the foundation stone for the permanent campus of IIM-Sambalpur in Odisha through video conference.

According to a report published by Forbes India, ‘the Indian startup ecosystem flourishing rapidly, with more than 25 startups becoming a billion-dollar company and joining the Unicorn club.”

Now, when the growth is so phenomenal, it is an excellent time to start your online business. But firstly, it is very important to understand that your perfect online business idea should consist of three things:

a). It should be something you like doing

b). It should be something you are good at

c). and it should be something that is in demand and you get paid for it.

So whether you already have a business idea, or are confused about it, worry not! We have curated a list of 3 low-cost online business ideas that you can start this year:

  1. ONLINE BOOKKEEPING

Just like so many other professions, even bookkeeping has gone online. If you are an accountant or a college student who is good with numbers, you can start offering your services online to companies. All you have to do is set-up a client account and manage it online.

  1. LANGUAGE TRANSLATOR

Despite the technology taking the front seat, the demand for skilled translators is soaring high. It is one of the best online business ideas that do not require any investment. All you need to do is build your profile online on various sites that are looking for translators.

  1. AFFILIATE MARKETING

Being an affiliate marketer can be profitable if you know about digital marketing and blogging. Affiliate marketers earn commission on sales by promoting the products of other people. Affiliate marketing is often combined with wth blog writing. So if you have a blog page that is both engaging and followed by users in large numbers, becoming an affiliate marketer is an excellent low-cost business idea.

The online business ideas we have mentioned above do not require a huge investment. In fact, they are brilliant zero investment business ideas. If you want to have a business on your own, learn the most essential things that you will require when setting up your start-up with our Everything About Entrepreneurship course.

It will give you some of the simplest tips and will guide you from the beginning and throughout your journey. To know more about this course, visit https://www.badabusiness.com/?ref_code=ArticlesLeads and we will get back to you!