A job can fulfil needs but it can never fulfil dreams.
Only a businessman can
become rich.
90% of people in the world have only 10% of money and 10% 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 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,
How would you feel?
According to data, 90% of the people who start a business, face this thing.
They fail miserably.
Approximately 1,67,076 new startups have been created this year.
This number is 7.5% higher than the previous year.
The number of startups are increasing each year and so is the number of failures.Today, before starting any business or investing in any sector, every person is afraid about the failure of the business.
What if there is a slow down in it?
What if all the money is lost?
But what if I tell you certain business ideas that you will be able to easily make successful and profitable?
Especially in the coming year, 202
How about getting a foolproof plan alongwith the case studies of the people who already did this, in the same industry?
How about getting to know certain business ideas that can never stop running?
The business that is evergreen and will continue to run, for sure.
These are such businesses and sectors where you can start your own business, invest in some of the good companies of these sectors
And if you do not want to be a part of the business world, you can choose to work in these growing sectors.
So, are you ready?
Amazon
This company made its start in India, in June 2013.And in a few years, it started doing business of thousands of crores.
According to the recent reports, in financial year 2022, Amazon did a business of 21,462 crore, in India alone.
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 of worth 10 billion dollars, that 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 own products?
Have they produced those products by themselves?
No.
Earlier too, these products were present in the market and customers like us were also there.
These companies created a platform which 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 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.
Every Indian has the dream of giving good education to their children and that their children grow a lot in life.
And for this, they spend their entire life alongwith 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 definitely invest in 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. And by 2020, it became a company worth 3.4 billion dollars.
Similarly, there are 'n' number of start ups in education sector, like, Skillshare, Coursera, Eruditus, upGrad.
All these companies have started in the last 5-10 years and these are amongst the top companies of education sector.
There are a lot of ways to start in this sector.Like you can open a school, college, or start a coaching sector.
Education sector is not limited to only formal education.This sector 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 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 advantage.And you must think about investing in it.
Yes, it is true that 90% businesses fail.The biggest reason behind it is that without having any skills and experience,
People start taking risks by investing a huge amount of money in business.
It's almost like jumping into the sea without practicing to swim in the swimming pool.
If you want to become a successful businessman, you should first learn business from a place where you get to know the basics right.
It is like practicing in the swimming pool first, where you need not worry about drowning.
Once you understand the fundamental of swimming and practice it well, then you would be ready for the sea as well the ocean.
How they established huge businesses and that too by remaining risk free.
Without investing lakhs and crores of rupees, you can learn the basics and fundamentals of business. And you can also earn money.
The biggest speciality of India is, that its people are fond of food.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. FreshMenuFaasos,magicpin,eazydiner,
And the list is endless.
These are the companies that chose food sector and built a strong business in it.
If you want to see the 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 channel on YouTube, dieticians and nutritionists, home tiffin service, catering, cooking classes,
Home made pet foods, sprout making, micro green farms, ice cream parlour, and the list again is endless.
Now quickly start thinking how you can create something big in the food business.
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, modern technologies alongwith chemicals, pesticides and fertilizers.
Alongwith the growth of population, there came an increase in pollution and water contamination and ROs started being used in every household.
And all these changes have become the reason for thousands of diseases in our lives.
The diseases that we had never even heard of, have become common now
You can get to see patients of diabetes, thyroid, blood pressure in every family.
In such a scenario, health sector is an evergreen sector, which can never shut down.
In fact, the COVID pandemic has very well taught people, how important it is to have health insurance and policies.
Investing in the health sector can be really beneficial for you.
Netmeds,HealthifyMe,PharmEasy,Tata Health,Practo,Generic Aadhaar
These are some successful startups in health sector, studying about which, you can take inspiration.
And if you want to see their case studies, let us know by commenting below.
I would like to share with you all, an amazing case study related to pharma sector.
The founder of Generic Aadhaar, Mr. Arjun Deshpande.
Whose story inspired me a lot, personally.
He started Generic Aadhar at the age of 16, the valuation of which has become 500 crores in 3 years.
His vision and mission is so strong that when Ratan Tata sir got to know about him, he personally called him and gave funding.
And alongwith becoming his business partner, he became his mentor too.
His story began from when he was in 10th standard, on one evening he saw an elderly man begging a lot at a pharmacy.
The elderly man was asking for purchasing the medicine on credit, but the pharmacist refused.
After being disappointed, when the elderly man was leaving the pharmacy,Arjun could not stop himself and asked the man why he was so upset.
He got to know that the man's wife was suffering from cancer and the monthly expense of her medicines was nearly 15,000 rupees.And he was not having enough money to spend that much on medicines, every month.
This incident left a deep impact on Arjun's mind and he could not forget about it.How the elderly man was so helpless and could not afford medicines for his wife.
One day, Arjun was just researching to find out the manufacturing cost of medicines.
He got to know that the medicines which are sold for 15,000 rupees at a normal pharmacy, are manufactured for just 2,000 rupees.
Medicines are supplied to every brand by the same manufacturing units.
And then different brands give them their own labels and pricing and sell them in the market.
Same quality, same benefits, but different prices.And due to distribution of money in the supply chain, the medicine for diabetes which is of worth 5 rupees, is sold for 125 rupees.
He decided to solve this problem.
He started the company in the name of 'Generic Aadhaar'.
He started supplying medicines directly from the manufacturer to the retailer and brought a revolutionary change in the pharma sector.
Sir Ratan Tata backed him at the age of 17, gave him an investment and mentorship and today he has got a funding from Japan.
He has created more than 2000 franchises and his mission is to make medicines affordable for Indians. Today, at the age of 20, he is running a multi-million dollar company, that has a valuation of 500 crores.
And alongwith this, he has earned a lot of respect in India and abroad.Moral of the story is, find a genuine problem, provide a solution to the problem and you would create a great business.
When I shared with him my vision of how we are brining a revolution in the education sector through our company, IDigitalPreneur,
He was really impressed with it and appreciated our vision a lot, and also got connected with us in our mission.
...what they have brought by the name of IDigitalPreneur, is going to be an amazingly innovative thing for youngsters...Let me remind you again, by remaining risk free and without investing lakhs and crores of rupees,
If you wish to learn the basics and fundamentals of business and earn money,To learn the unique skills on the basis of which, successful entrepreneurs are able to establish huge businesses, that too directly from the experts,
I would like to take a little time of yours to thank you from my heart for watching this video till the end.
Because it takes a lot of effort in researching, scripting, shooting and editing for creating this kind of documentary style video.
It takes a lot of days and nights. And you can't even imagine how happy I am to see your support, it feels really good.
Do share your views on this topic by commenting, so that, our entire community can interact and learn with one other.
If you have some amazing business ideas, do share your views on this topic by commenting.
