Start Business with Low Investment in Delhi

Start Business with Low Investment in Delhi

Delhi is the Capital of India. Delhi, known locally as Dilli and also by the official name National Capital Territory of Delhi (NCT), is the largest metropolis by area and the second-largest metropolis by population in India. It is the eighth largest metropolis in the world by population with more than 12.25 million inhabitants in the territory and with over 15.9 million residents in the National Capital Region area (which also includes Noida, Gurgaon, Greater Noida, Faridabad and Ghaziabad).

The cost of real estate in Delhi is so high that it is virtually impossible for a Newbie to start his/her new business because a start-up business does not have a huge amount of Capital to start.

Read my Articles about Business Opportunities in Delhi

- Good Ideas of Business in Delhi with Low Investment

- New Business Ideas with Low Investment in Delhi

I am sure that, you will find great low investment business ideas in Delhi from the above 2 Articles.

After all, This is the Information age and in the Information age, it is really possible to start a new Business with low Investment because of the Internet. Because of the birth of the Internet in 1990, it became possible to reach your target market from your home also.

You can sell any product or service online from your home and make a fortune in the Information Age. If you don’t have enough Capital to start a Business in Delhi than I suggest you 2 ways.

01) Start the Home Based Business
02) Start the Internet Business

Both of the above are the 2 great ways to start a business even if minimal start-up capital. A Home Based Business does not require any costly commercial space while the Internet Business does not require any additional man power to run day and night.

And this is the reason I advise the young college going and even school going children to start their own Internet Business as early as possible in their lives.

Which Business is Good to Start in Mumbai

Which Business is Good to Start in Mumbai?

Many people from Mumbai ask me this question. Mumbai is India’s No.1 Metro City. The Population of Mumbai is so large that, it makes virtually any business from any Industry viable. There are several industries settled in Mumbai. Here are those Industries.

- Food
- Pharma
- Publishing
- Automobile
- Hospitality
- Financial Products
- Software & IT Related
- And many others….

People ask me that Which Business to Start in Mumbai? Well, if you analyze all of the above Industries, than you will find rich, poor & failed Entrepreneurs from all of the above Industries. Thus, What I advise to people is that,

Don’t search for a good, hot or new industry for your Entrepreneurial Success. Rather than that find out your Passion. Ask your self a simple question – What would I Like to do the most for the rest of my life even if I don’t get paid? – The Answer is your Passion.

Now, develop a Business around your Passion and you will never fail. My Passion is writing & teaching about Money, Business, Investing, Economy & Personal Finance. And that’s why i have developed the Internet Business (This Blog) around this Passion and I become success from this Blog.

Thus, the key of successful business is Passion. The reason behind doing this is very simple. If you are not Passionate about something, you will not remain persist and to remain persistent, you MUST have a Passion for that thing otherwise you will never remain persistent.

Thus, develop your Business around your Passion and you will never fail.

Start a New Business with Low Investment

Start a New Business with Low Investment

My parents used to say me since my school age that, it requires huge amount of money to start a new Business. But well, it was the era before 1990. But after 1990, The Information age started and because of the birth of the Internet and the Industrial age gets over.

And in the Industrial Age, it doesn’t require any money to make money anymore. It just requires an idea (And the Internet Connection) to make money in the Information Age. I have posted two detailed posts about Businesses with Low Investment. You will find both of them very useful.

01) Business Ideas with Low Investment Indore

02) Ideas for New Business Low Investment Computers

After reading both of the above 2 Articles, you will understand that it is possible to start a New Business with Low Investment in the Information Age. All you require is the Domain Name and a Web Hosting Service which costs just few dollars a month.

Take the Example of this Blog. I have started this Blog Business on Blogger’s Free Platform without any Investment. So You can also start your Business online without much Investment.

Another great Business Idea with low Investment is the eBay Shop. eBay is world’s largest online market place. You can open your eBay shop online within few minutes with just few dollars and start selling virtually anything to whole of this world.

You can also start a Home Based Business. Home based Businesses will require a very low Investment to start as your own home is your Business office. So you will require very less money for the maintenance of your home office.

Alternatively you can start your Business in a small city. The advantage of starting a Business in a Small city is that, the labour will be very cheap.

Thus, there are several innovative New Business ideas with low Investment. So What are you waiting for? Start a new Business with low Investment right now…!!!

Start Business Online

Start Business Online

Do you want to start your own Business? But Don’t you have enough capital to buy or lease a Commercial Property? Than don’t worry…. Start your Business Online.

Many Entrepreneurs who did not have enough start-up Capital started their Business Online. One of the Best Example is,

Librarywala.com

These people have started their Book Rental services online and today they are in several cities of India. Another great Example is,

Redbus.in

These people have started selling bus tickets online. There are several examples like these. These Entrepreneurs have chosen the Online Business Model for their Business because this requires very less Capital to start with. You just require a Website to start a Business. And this requires only a Domain Name and a Web host.

There are several advantages of starting a business online. Here are few.

- Low Cost
- Minimal Man Power to run it
- runs 24/7 even without your presence
- Payment & every other system is Automatic
- World wide accessibility

First advantage is the low cost. You don’t need much capital to start and run the online business. Another advantage is the Minimal man power to run your online Business. An Online Business can run only with few employees while this can not be possible in case of offline business. Take the Example of Amazon.com and Wall mart. Both are the retail stores but Amazon is online so it requires one tenth many power in comparison to Wall Mart.

Traditional offline Business can not run 24/7. Because the laws don’t permit them to run over the night in any city in this world. Now, this means revenue loss to me. But Online Businesses run 24/7 even without your presence. You don’t have to shut your online business at night.

Another great advantage of online business is that, payment collection and everything else is automatic and online which makes everything smooth.

Thus, starting your own online business is a great idea.

Start Business in Mumbai

Start Business in Mumbai

Mumbai is India’s Metro City and a Business Hub. Mumbai is one of the most populous city of India which makes any Business viable in Mumbai. There are several Business Opportunities in Mumbai. You can start any Business in Mumbai. This is because there is a huge market for virtually anything in Mumbai.

You can start virtually any kind of Business in Mumbai. There are several Industries in Mumbai such as Food, Publishing, Film, Printing, Software, Computers, Manufacturing, Custom items, Mobiles, Liquor, Real Estate, Financial Consultancy, Pets, Wedding Planning, Wealth Management and many many others.

There are several business ideas with low investment in Mumbai also. You can start your own Business with low Investment also in Mumbai. However, Mumbai is a very costly city. It is world’s Top 3 Costliest city according to Real Estate prices. The Real Estate Prices in Mumbai are sky high. Now, this means a great business opportunity for rental properties for me in Mumbai.

I have personally go to Mumbai very few times in Mumbai. But several of my friends are running their successful Business empire in Mumbai. One of the best thing about Mumbai is that, even though it is a Metro city, you will easily find a cheap labour there. Which brings down the operating cost of any business very low.

You can also start Home Based Business in Mumbai. You can also start your Business Online in Mumbai. If you can’t afford the prices of real estate in Mumbai to start a new Business than you can start it online and start providing your products and services online to the people of Mumbai. In fact, many Entrepreneurs in Mumbai are preferring Online Business model for their Business.

My advise to you about starting a Business in Mumbai is that, START EARLY. Don’t waste your time behind planning much. Rather than that TAKE ACTION. This is one of the most valuable advise that anyone needs. If you can’t leave your job right now than start business as a part time. Later on once your Business grows sufficiently, you can anytime leave your job and give your full time to your Business.

Start Business in Bangalore

Start Business in Bangalore

Bangalore is India’s third most populous city and is a Capital of the Indian State Karnataka. There are lots of Business Opportunities in Bangalore. Read my Article about Bangalore.

Low Investment Business in Bangalore

In the article, you will find lots of Economical facts about the Bangalore. Bangalore is also called as the Silicon valley of India because it’s the IT hub. And it is the third largest hub for high net worth Individuals (HNIS) of India. And it is the fourth largest FMCG market of India.

Thus, there are Great opportunities for 3 Businesses.

01) IT & Software Related Businesses

02) FMCG Business

03) Wealth Management & Financial Products related Business (Because of the high concentration of HNIs).

If you start your own Business in any one of the above 3 Industries than there is a great scope for it in Bangalore. The market is so huge for all of the above 3 Industries that you will definitely make a fortune in any one of the above 3 Industries.

I Personally know several people who have made fortunes in the above 3 Industries in Bangalore. They have started from Scratch and developed a successful Empire. All of the above 3 Industries are India’s one of the largest Industries.

I Personally love the Idea of Wealth & Financial Products related Business and Software & Internet related Businesses in Bangalore. Because there is a huge scope for business in both of these Industries. Today India is world’s one of the largest exporter of Software and great Software Companies are located in Bangalore.

And high number of HNIs means great Investment & Wealth Management Opportunities in Bangalore. Because these HNIs are definitely going to Invest their wealth which makes Wealth Management Business Lucrative.

Start Business Low Investment

5 Tips to Start Business with Low Investment

Do You want to start your own Business but don’t have much Capital to Start and still you want to start a Business with Low Investment? Than the following Tips will be helpful to you.

Tips to Start a Business with Low Investment -

01) Start Small – If you don’t have much Capital to start a Business than Start Small. Take the Example of myself. My Business Plans for this Blog Business are very Huge. But Right now I don’t have enough Capital to expand. So I have started small. Right now there is only one employee for this Business and that’s me. But in future there will be thousands of employees for this Blog. So Don’t afraid to start small.

02) Start from Home – If you don’t have much Capital to start a Business than start your business from home. If you can’t buy a costly commercial space for your Business than start a home based Business. This will require very low start-up cost. And later on when your business will grow, you can buy a commercial space for your business.

03) Start in Small City – Starting a Business in Small City is a good idea because you will find a cheap labour and low cost real estate for your Business. Rather than starting a Business in a Metro city, it is better to start a Business in a small city.

04) Start Online – Starting the Online Business is a great low investment business idea. Here you just have to buy a Domain Name and a web host to start your Business. And with Minimal start-up cost, you can start your Business. The Internet Business also require a minimal man power to operate.

05) Find out Equity Partner – What you can do is, if you have a great business idea than you can find the Angel Investor who invest in your Business for Equity Partnership. Anyone can be your Equity Partner. It can either be a Family member, friend, Banks or Angel Investors.

Thus, it is possible to start a Business with Low Investment. So Don’t wait now and start your Business now with low Investment and later on grow it like anything.

Start Business from Home

Start Business From Home

Do you want to start a Business from your Home? Are you a Housewife and passionate about starting a Business? Than I have a good news for you. You can now start a Business from your home also. There are several home based businesses that you can start from your home with low Investments and still make a fortune.

I divide Home Based Businesses into 2 Groups.

01) Offline Home Based Businesses

02) Online Home Based Businesses

The Examples of Offline Home Based Businesses are Tutoring, Yoga Instructor, Fitness Guru, Make-up Artist, Pet Sitting, Baby Sitting, Wedding Planner, Pet Food, Interior Designing, Printing and many others. Here you can start any one or more of the above things from your home, train the people under you and send them in the community to serve the people.

What most of the people think is that, the above are the professions. Well, according to me the above can be your Professions as well as Business both. When I say Yoga Instructor, I am not saying that you go door to door for Yoga Training or teach people Yoga. I am saying that You train a staff under you which teach Yoga to your Customers. This is known as a Business. You don’t go for Babysitting. But train the people under you who go for Babysitting. This is how Business Works.

Now, because of the Internet, you can start your own Online Home Based Business also. There are several Online Home based Business Ideas that you can start from your Home. Here are the few. Blogging, Forums, Social Networks, Articles Directories, eBay Shop, Affiliate Marketing and many more. Now, because of the Internet, you can start your own Home Based Business and make a fortune.

Thus, you can start any one or more of the above Businesses (Online or Offline) from Home and make a Fortune.

Start Business with No Investment

Start Business Without Investment

Do You know that, you can start your own Business (Part Time or Full Time) without any Investment? Well, I know that Scammers use such kind of words to sell their secret products to you. But Here I am not going to sell you any kind of product. But here I am going to tell you the Truth & the power of the Technology & the Information Age.

Because the Technology in the Information Age, any school going kid having a good business idea can set up his own Business from his garage or from his School Library without any Investment now. I am talking about the Internet Businesses. Let me give you my Example. “My Journey To Billionaire Club” is my Internet Business which I have started since March 2008.

You will be surprised by knowing that, I have started this Business without any Investment. This Blog previously was on the platform of Blogger.com which was a Free platform. The only thing I have to spend behind my this Business is my monthly Internet Bill which is very minimal.

Now, today almost 2 years of Blogging, This Blog is making good amount of money for me every month. Thanks to Google AdSense and it’s Technology. If there was no Internet than It would be very difficult for me to start a Business without any Investment.

There are several Internet Businesses that you can start without no or minimal investment such as forums, Affiliate Marketing, eBay shop, e-Commerce website, Articles Directories and many more. This is because of the Technology.

In the Information Age, It doesn’t require money to make money anymore. It just requires an Idea to make money. And Ideas are Free. If you have an Idea than you don’t need Capital to start a Business. You can start a Business right away.

When I discuss about starting a new Business, most of my friends answer that – But Where is the Capital? or I don’t have enough money to start a Business and so on. My these friends don’t know that the Industrial age gets over in the 1990 after the birth of the Internet. Today we are in the Information age and it no longer requires money to make money. It no longer require huge Investments to start a Business.

Start Business in India

Start Business in India

Many people ask me about starting a new Business in India. They want to know that which Business they should start and in which city of India and with how much of start up capital? And many people ask me about my opinion of starting a news business in India.

Well, in my Opinion,

East (Emerging Markets) is Becoming West. In the next 30 Years, Emerging markets like India and China will grow like anything. There will be greatest transfer of wealth from west to east in the next few decades. So in my opinion, it is the best decision to start a business in India.

One of the main advantage of starting a Business in India is – Cheap Labour. The Human Labour is very cheap in India which brings down the operating cost of any Business. Thus, makes it profitable. Another great advantage of starting a business in India is that, it requires very low Investment in India to start a Business in comparison with western countries.

There are several Industries in which you can start a Business in India. However, my favourite Industry is the Education Industry. The Education Industry of India is world’s largest Industry ($ 100 Billion). China comes second with $ 90 Billion and the USA comes fourth with $ 62 Billion.

People of India spend anything behind true education. There is a great market space in the Education Industry Businesses. You can start your Education Industry Venture in India and make a huge fortune in this Industry. You will be surprised by knowing that Highest number of English Speaking people are from India only in this world. This makes the Education Industry viable for Foreign Investors and Venture Capitalists.

I advise the young generation to start a Business in India rather than searching for a job. This is because in the future, it will be risky to depend only on a Job Income. Everybody in the future will require a Job or the Investment Income to survive.

So Start your Business in India. India is a great place to start a Business for this Century.

Startup Business Private Personal Loan

Startup Business & Private Personal Loan

If you have just started your own Business or you want to start your own Business in future and you need to raise the capital for your Business than Private Personal Loans are the good options for your Business. Usually Angel Investors are such kind of private personal loan lenders.

Now, the thing is that, How to find and contact such Private Personal Loan lenders who are willing to take risk and want to finance startup Business. Well, I will advise you few things about it.

First of all contact your local city small business chamber of commerce. Notify them about your Business and Capital needs. Several Private Lenders work for such kind of entities to find good Investment opportunities for their money.

Another advise, I would like to give you is that, prepare a complete Business Plan having all the Financial details, Executive Summary, Marketing & Sales Plan & Future Financial Projections. Once you are done with a complete Business Plan, Go with Angel Investors.

Make sure that, you present everything clear and in detail about your business in front of the angel investor. Don’t hide anything or try to look over smart. You will definitely get a Personal loan for your start up business.

Starting Online Education Business Ideas

Starting Online Education Business Ideas

Education Industry is one of the largest Industry in the world. And Online Tutoring is $ 120 Million market when I am writing this article and growing very fast.

According to data from Eduventures LLC, an educational market research and consulting firm in Boston, the total market for products and services, including tutoring, test-preparation services and supplemental content, for kids in kindergarten through 12th grade grew 6 percent in the 2004-2005 school year to $21.9 billion.

Thus, Education Industry is a very large Industry to start your Business. There are several things that you can teach online via Text, Audios & Videos. Parents and Students are in demand for true education and willing to spend anything for a quality education.

You can start educating anything online. What I advise to young entrepreneurs that, start your Business in the Education Industry. Choose Online Business Model. Take the Example of this Blog. This Blog is my Internet Business and this Business operates under the Education Industry.

The Spiritual Mission of this Business is to provide a quality Financial Education to the people from all around the world. Why I prefer Information Age (Online Business Model) is because The Internet has a worldwide penetration and a reach in every household just like TV and that’s why it is really possible to spread your message worldwide very easily with the help of the Internet.

Once you develop a Good Brand Name for your Business, people will never stop consuming your educational products. And you will continue making money.

Retire Early & Start a Business

Retire Early & Start a Business

Many people want to retire early because they want to start their own Business. Well, It is very nice that you want to start your own Business because you are passionate to do something new and want to add the value in the lives of literally millions of people by doing a Business.

But Well, What I want to suggest you is that, Why can’t you start your own Business at small level as a part time before you retire early? This is because you will know that weather your Business really has a potential or not?

Another thing is that, Business is a game of Money & Time both. Most of the people think that it requires only money to develop a successful Business. But well, this is not true. It requires Money & Time Both. How?…Well, see… I am talking about the Brand Name of the Business. A Brand Value of any Business won’t develop over night.

Say for example, take the example of “My Journey To Billionaire Club”. It doesn’t take one night to develop this brand. But it takes years of hard work to develop this brand as a Financial Education Brand.

And that’s why I advise you to start your business as small before you retire early. You can anytime give your full time to your Business after your retirement. But when you retire early, if you have started early than your Business would have developed a sufficient brand value.

And a Strong Brand Value means more profit. So rather than waiting for your early retirement, Start Early as a part time and later on when you retire early, start giving full time to you Business.

Great Startup Advices

Great Startup Advices

If you are the Entrepreneur and want to start your own Business from Scratch than here are the 4 Great Startup advices for you. These Best advices will give you the proper insight to start your own Business out of Scratch.

01) Your Heart needs to be in the Business You Start -

This is the best startup advise. It means that, You should be PASSIONATE about your Business. What most of the people do is, they start a business in some industry because that industry is a hot industry. While the successful Entrepreneurs are those who develop a Business around their PASSION and that’s why they never fail.

02) Persevere – Don’t let failures deter you -

When you start something new, people will criticize you when you will fail. But Don’t let failures deter you. When I started this Blog, people criticized me a lot. Even many people anonymously posted bad and demoralizing comments also. But Today, They are not criticizing me after watching the great success of “My Journey To Billionaire Club”.

03) Hire Talented People & Empower Them -

Fortune 500 Businesses are those who have hired talented and passionate people. These Businesses did not hire the people who work only for paychecks. I have seen several businesses failing because the founders have hired the people who work for paychecks and not for the Business.

If you want to develop a Fortune 500 Business than always hire people who work for Business and not only for the paychecks.

04) Celebrate Successes & Learn lessons from Failures -

You should celebrate your success with your employees & learn the lessons from your failures. Mistakes are invaluable because they teach you lessons.

Thus, the above are the great Startup Advices that you should keep in mind while starting your own Business.

How To Start Your Own Internet Business?

How To Start My Own Internet Business?

Few months back, I have posted an Article: Starting Internet Business

In the article, I have mentioned in detail that which are the things that you require to start your own Internet Business? In this article, I will show you that How you can start your own Internet Business within 5 Minutes.

This Step by step Guide will teach you that How you can start your own Internet Business within Minutes.

Step: 1 Choose a Domain Name -

The first step in starting any business is that you need the real estate. Well, of course, for starting the Internet Business also you will need a Domain Name. I am talking about the Virtual Real Estate of the Internet – Domain names. Domain Names are the Real Estate of the Internet. And it costs you $ 10 per Domain name.

GoDaddy.com is a reputed website to buy a Domain Name. So first of all go to GoDaddy.com and see that which domain names are available. After that chose a Domain Name for your new Internet Business and acquire a good domain name for your Business.

Step: 2 Choose a Web Host -

This is a server where the data of your website will be hosted. It is known as a Web Host. Once you buy a Domain Name, You need a Web Host to start your own Internet Business.

HostGator.com is world’s best Web host. Go to HostGator.com and buy a Web host for you. This will cost around $ 10 per month. Yes, This is little bit costly.

Step: 3 Connect Your Domain Name with Web Host -

Now you have a Domain Name and a Webhost. So the next step is to connect both of this. I will not going here into technical details. But for your Information I tell you that you will find more information about this on any of GoDaddy.com or HostGator.com website.

Step: 4 Install a Website Template -

Now Install a website/blog template in the Web Host.

You Are Done…!!! Your Internet Business is Alive. You can now post a good content on your website/blog and start making some real money from it…!!!

How To Start a Business at age 13?

How to Start a Business at age 13?

Recently an avid reader of this blog has asked me a question,

I am 13 and I want to start a Business at age 13. Kindly let me know that Is there any legal age limit to start a Business and registering a company at the age of 13? How can I start my own Business at age 13?

Well, as far as I know you should be at least 18 before you register a legal entity for your Business. However, it doesn’t mean that you can not start your own business before 18. You can start your Business as Hobby even before the age of 18 also and once you reach 18, you can register a company and do all the legal formalities.

Say for Example – Blogging. If you want to start a Blog Business and you are below 18, than you can not register a company but it doesn’t mean that you can not start blogging as a Business. You can start blogging as a Hobby and later on you can register a company on your 18th Birthday.

If you ask me about which business to start at this much early age than I recommend you to start your own Internet Business. You can start anyone or more of the followings.

- Blog Business
- Websites
- Articles Directories
- Forums
- Facebook Applications
- iPhone Applications
- Online Gaming Business
- eBay Store
- Social Networks
- Online Applications
- Or anything else online….

There are wide varieties of Internet Businesses that you can start from scratch at the age of 13. I always encourage school going kids to start their own Business as early as possible in their lives because in the real world there is nothing like a “Job Security”. In fact, Not having your own Business & Investments is a risky thing.

So Start your own Business at the age of 13 and believe me, you will become more rich and financially free than everyone else in your age group…!!!

Best Countries To Start a Business

Best Country To Start a Business

People ask me that Which are the best countries to start a Business? In fact, I have done discussion about this topic with several people. Some people say that USA is Best while some says that Poland is best while some argue that Poland is best.

After several discussions with my friends and colleagues, I Finally come to conclusion that, There are Basically 2 types of Businesses you can do in this world.

01) Traditional Offline Brick & Mortar Business &

02) Online (Internet) Business

Now, first of all let us discuss about traditional offline Business. For the Offline Business What I Personally think is, you have to find a country where both of the following 2 things are cheap.

- Labour &
- Tax.

Yes, Labour & Tax both are the 2 key expenses for any business. If you can find a country which has a cheap labour and low taxation than that country is Best for the offline business. Now, The nest question comes and that is, What about the Crime Rate? Crime Rate is very important. Now, somebody may argue that what about the Government Policies & Political Environment?

In short, there are lots of things that you have to consider before selecting a best country to start a Business.

Ok. Now let us discuss about the Internet Business. Well, if you are going to do an Internet Business than no country is good or bad for you. This is because you can operate your Internet Business from anywhere in the world even while you travel the world right?

And not only this but you can outsource or hire a cheap labour from any part of the world that you feel better. Take the Example of this Blog. This Blog is my Internet Business. I am basically from Ahmedabad, Gujarat, India. But I am right now operating this Business from Kolhapur, Maharashtra, India where I am studying. And Still I am receiving Google AdSense cheques every month at my home address.

Not only this but I can hire writers for this Blog from any part of the world. Thus, there is nothing a like a Best concept for Online Business.

Now, another question comes and that is, You are living in a country which is not favourable for Business. But you still want to do something. You are Passionate about something. Than What you will do? Won’t You Start your own Business in your own Country even if it does not have favourable Business Environment?

In short, all of such discussions have ultimately no value. An Entrepreneur is someone who acts on his own beliefs and turn a Dream into Reality in any kind of environment and unfavorable conditions. What I advise to you is that, If you really want to create values in the life of millions of people by doing a Business than don’t waste your time behind finding a Best country to start a business. Instead start your own Business in your own Country right now. Time is more important factors behind any business.

Lost Money can be recovered but the lost TIME can never be recovered. So Start your own Business right now rather than searching for a Best Country for your Start-up Business.

What Do You Think?….!!!

Best Business To Start With in India

I receive following kinds of queries everyday. So I thought that I should write separate post on this very common query.

- Best Business To Start With 1-2 Lakhs in India

- Best Business To Start With 25 Lakhs in India

- Best Business To Start With 5 Lakhs in India

- Best Business To Start With 2 Crores in India

And Several other such kinds of queries. Well, Honestly speaking the answer of such kind of queries depend on several factors such as in which city of India you want to start a Business, Which Kind of Business you want to start (Offline or Online), about which area you are expertise about and many other factors.

Say for Example if you have 1-2 lakh of capital and you want to start your own Business in cities like Mumbai and Delhi than it is very difficult to start with such a small amount. So either you have to raise more money or you have to start extremely small.

But well, at the same time, if you want to start the Internet Business with this much of Capital than the web properties (Domain Names & Web Hosting) are very cheap right now and this much capital is more than sufficient to start your own Business.

Another important factor is the Passion & Persistence of the founders. If you are not passionate about your business, you can not remain persistent and thus ultimately you will fail. So rather than finding hot industries for starting your new business, it is advisable that you develop a Business around your Passion and you will never fail.

So these are some practical aspects of starting a Business with various amount of Capitals.

Money Needed To Start a Small Business

How Much Money Do You Need to Start a Small Business?

Many people want the answer of this question. But well, this is a very vague question. This is because how will you define a small Business? And Weather it is Online or Offline? Or In Which Niche or Industry? There are several specifications of this.

I have started this Blog Business And I did not need any capital at all to start this business. This is the advantage of starting the internet business. You require minimal to No start-up capital to start an Internet Business.

But if you want to start traditional offline Business of Industrial age, than you will require a capital. But the amount of capital really depends on in which Industry you want to start a small Business.

So What I advise people that, First of all sit down and work hard to develop a Business Plan. Give few months to develop a Business Plan. Once you will have Business Plan on your hand, you will have a fair idea about how much capital you will require to start a small new Business.

A Business Plan will include all the startup expenditures including legal fees to set up a Business. Thus, I advise to new entrepreneurs to first of all focus on your Business Plan. Well, it is not necessary that you require some hi-fi business plan to start a new Business.

A Business Plan on the piece of Paper will also be sufficient. I remember my first days of this Blog Business. My First Business Plan was on a Piece of Paper only. And I wrote some Goals and Objectives about “My Journey To Billionaire Club” on that piece of paper.

Later on you can higher the professional services to write down full proof Business Plan. So Focus on developing a Business Plan. This will give you a better idea about how much money you will need to start a small Business.

How to Start a Small Business?

How to Start your own Small Business?

Many people ask me this question. But well, let me tell you that the question is partially wrong. You can’t start a Big Business from the first day. Every Business in this world was started as a small business and later on grew to the successful empire.

Reliance, Tata, Google, Microsoft & Amazon were started as small businesses first and late on they turned into Giant Fortune 500 Businesses.

The key of Giant Business Empire is to start small. Even This blog was started with one single post and today it’s medium sized blog. And all the giant sized blogs of the world were started with single post only and today they are still giant.

Thus, the key of successful Business is that, You Start small, focus your time, money and energy and later on re-invest the profits of your Business to grow it more like anything. Most of the people give the excuse that, it requires a lots of capital to start a Big Business. And that is too risky. And that’s why I don’t want to take that risk.

But well, It’s an excuse only. In reality, they don’t want to do anything. If you start small than you minimize the risk of losing your capital. First of all stabilize the your business model when it’s too small. And later on focus your efforts to turn it in Giant Business Empire.

Every Business has a Potential to become a Billion Dollar Business. But it depends on the Vision of the Entrepreneur. Not the all the Entrepreneurs can grow their Businesses to the Billion Dollar Empire. But only few entrepreneurs can do this…!!!