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STEP 1Use $25 to buy some great books and a library card and start reading/learning, and use the other $25 to buy some food and drink to eat while you're reading.Here are things you need to learn:1. How to think like the 1%.2. Everything that would help you shape the future, become more valuable, know how to show off that value, and know how to capture a good chunk of the value that you’ve worked hard to build for yourself.3. How to network and build relationship.Nothing can beat the returns from investing in yourself and other people.STEP 21. Build up a social profile.2. Get a job as a bartender at night and a sales job during the day, and start working.Doing sales is challenging, but it is the fastest way for you to acquire the art of selling and this is a very deep skill that you will be able to carry it for the rest of your career. Success is based -- in almost any field -- on solid sales skills. Sales skills are, in essence, communication skills. And since communication skills are critical in any business or career, the best way to learn how to communicate well is to work in sales -- because great salespeople are great communicators. Everyone needs to have the ability to convince other people that an idea makes sense, to show bosses or investors how a project or business will generate a return, or to help employees understand the benefits of a new process. Gain sales skills and you'll be better at everything: bringing investors on board, lining up distribution deals, landing customers, motivating employees. Especially in the early stages of starting a company, seemingly everything you do involves some form of sales. Once you’re in sales, you will also learn what sells and what not. Use the sensitivity of detecting market sentiments as a platform for running your business and in the identification of product winners in the future. You’ll also meet many people that will be of value to you in the later part of your career. And that would generate enough seed money to let you start your own business and let you use your sales skills to make money for yourself, not for an employer. You'll gain confidence and self-assurance, and the skills you gain will serve you well for the rest of your business -- and personal -- life. That's why spending time in a direct sales role is an investment that pays off for the rest of your life.The more intimidating or scary a position in sales sounds, the more you need to take one. So if you're an aspiring entrepreneur, set aside your business plan and work in sales for a year or two. If you're a struggling entrepreneur, take a part-time sales job. One reason you're struggling might be that you need to improve your sales skills.Successful business owners -- successful people in general -- spend the majority of their time "selling." Nearly all of them -- especially incredibly wealthy people -- do this incredibly well. They have the ability to sell their dream and visions.Learn how to sell. It's the best investment you will ever make.STEP 3Specific approaches will vary from person to person, however the two most important principles are:Find a career/job/education where you will end up in a business where the inputs and outputs are disconnected. By this, I mean it’s best to focus on having a way to generate income that is tied to success. You want to be in a position where the better you are at something the more money you make. Unlike a job where you are primarily paid for your time, here, your compensation depends on how well you perform. You need to deliver results.Know how to package yourself in a product and create a product out of whatever it is that you naturally and uniquely do really well.There are 3 categories of career where you can make a killing:1. Become an expert.Virtuosos are people who are the best at what they do or possess knowledge that sets them apart from the competition.Becoming a Virtuoso requires an enormous investment in time and often money.Skill-based Virtuosos devote themselves to many years of Deliberate Practice and Analytical Practice. Analytical Practice often requires the services of a coach, mentor, or expert who can provide immediate feedback. This feedback, in most cases, costs money.Knowledge-based Virtuosos must spend many years in continuous study. Often this requires formal education, such as advanced degrees (Ph.D., medical degrees, law degrees, etc.).Not everyone has the ability to devote significant hours every day practicing their skill or the financial resources to pursue advanced degrees.People who draw their primary income from this category end up becoming well off (not ultra wealthy).A part of your compensation for those at this stage could come from commissions or stock options, especially if you’re in sales or management, so there’s a level between performance-based pay and business — you’re still working for someone else, but you do end up with some ownership/scale.The High LevelUtilize your expertise: identify, share, consult or teach, and scale.(a) Be among the very best in the world at a highly valued skill. Pick an area within your industry and learn it inside and out. Identify an area of knowledge that others want to know. Consider your profession, skill, or hobby. I look for one that satisfies four criteria: passion (you care), skill (you can do it), market need (people will pay), and timing (people are looking for it now). Network with other experts. You’ll find pretty quickly that this type of knowledge and expertise will lead to a huge array of options.(b) Find out where people who need your knowledge hang out. It could be a forum, a website, a social media platform, or someplace in real life. Share your knowledge in a way that matches how people consume information. (Use your phone if you need to make audio or videos.) Besides building a reputation and authority, use this time to refine your ideal customer and branding.Get a job in a high growth industry. This is where the quick money and the opportunities are. There’s a saying how everything rises with the tide. When you’re in a fast growth industry (or company), the tide is rising.Work for the best and most recognizable company you can work for. This gives you instant credibility. Starting as an intern at a recognizable company will get you opportunities right away.(c) Create multiple income streams. When people want more, offer your services as a consultant, teacher, or mentor. Start writing, consulting, tutoring, fixing things, just get busy with a second source of revenue. This will get you hungry for more and you’ll double your learning. You’re trading hours for dollars, and it only scales so far but that’s fine. Split the money you make into thirds — for yourself, to reinvest in growth, and to stash away for the right opportunity. Build your cash reserves and authority while refining your market research (customer needs and your offering). You’ll see that a job, for example, tutoring on the side, can lead to starting your own tutoring company on the side. Your marketing consulting job can lead to writing Amazon books on marketing.The Nitty GrittyDirectly speaking, people falling into category (1) include:✿ Pro athletes, top poker players, top entertainers of other stripes (music, literature, film, shows + on-air news talent, etc.) such as comedians, DJs, TV Stars amid the other (bigger) categories. This sadly also includes televangelists. Economics can indeed pay quite well at the upper echelons, but that often requires a degree from one of a limited list of PhD programs. Likewise, while there are academic disciplines that can pay surprising well (astronomy, for instance), relatively few jobs come available in a given year. The key words are “valued”, as in, there is steadily-increasing marginal gains for marginal skill which become exponential at the top of the pyramid, and “very best” — for every one JK Rowling there are a hundred (say) Seth Godins, and ten thousand wannabes who are just scraping by if they’re lucky, or see a negative ROI on their time if they’re not.✿ People who consistently make good calls about entertainers. A&R reps for music labels, studio execs in film, network execs in TV, the equivalent in book publishing, etc. These are not in the “dealmaker” categories, except that they’ve risen to the top of the ranks in large hierarchical organizations because they have a habit of being right about the talent’s future market success — not because they’re good at structuring a deal to everyone’s advantage (That’d be the agents).✿ Inventors who are really good at licensing. This is arguably in the “own-a-business” category, except I’d disagree: they seek not to employ people, but rather to let other entrepreneurs who want to actually do the selling and managing make some bucks, while enjoying a risk-free income stream from the success of those entrepreneurs. There are people who invent new casino games and make tens of millions on the spot in the yearly conference where casinos buy new floor games.✿ The very best lawyers, accountants and consultants can make this level of income just for being legendary at delivering their services.✿ Top management at large companies. Running a large public or private enterprise is also an option. Working for a big company and rising up the ladder into senior management is another path to riches. In most cases, the wealth these self-made millionaires accumulate comes from either stock compensation or a partnership share of profits.What skill are these people “among the very best” at? Making people get along. And to some extent, selling. Most good CEOs are also salespeople-in-chief. But there are plenty of people who are out of the limelight but are worth seven-figure pay packages because she is fantastic at attracting and retaining talent to and within the organization. And managing around the (ambitious and often-volatile) personalities to get the most out of those people as a team. Being able to inspire and motivate people is a rare and highly-valued set of talents all on its own. Looking at income tax and net wealth data, the largest percentage of wealthy people’s attain their wealth by running businesses. A person can take multiple paths to become the CEO of a major company. CEOs have come from the ranks of engineers, marketing managers and financial analysts, but there are only 500 of those jobs available. Often the common denominator is an MBA degree from a top-flight MBA program — a path that demands not only a fair bit of upfront monetary investment, but also a superior academic and professional background.You must devote yourself to one company for a long time. And there are risks: The biggest risk is that you could lose your job. A secondary risk is profitability. If the company struggles financially, for whatever reason, your time investment in the company may not be rewarded to the extent you expected.✿ People ruthless enough to work their way into power in a country with weak or nonexistent democratic institutions. In an autocracy, a pretend-democracy or a military dictatorship, the people in charge (or those very close to the people in charge) get to, essentially, steal from everyone else with impunity. This illustrates another dichotomy, as to the origins of the cash you’re getting paid.2. Become a dealmaker.A commissioned salesperson in large, complex, valuable deals. The greatest concentration of these people are in financial services, particularly investment bankers. Getting 3% of an M&A deal or 6% of an equity fundraise is just a big, complex deal where lots of really smart and motivated people are competing for the client’s attention and favors. It’s no different in fundamental skill set from the people selling large IT deals, or defense-contracting deals, or large supplier deals, or large real estate deals. The vast majority are B2B salespeople.3. Own a business.A business is something that makes money while you sleep. This is how most rich people became rich. They created a business and scaled it.Businesses give you returns in two forms: cash flows and equity value.The simplest way to "bootstrap" (start a business with minimal finances) is to utilize your expertise first: identify, share, consult or teach. Then stop trading your time for money. Scale. Raise your rates. Outsource and automate tasks that don’t match your unique gift. Hire others to teach or consult for you.Own a business, or a good chunk of one, and build value through carefully managing a team as you deliver profitable goods or services, and profiting in the residual income streams or a liquidity event. Which for purposes of this question is excluded - but it's by far the largest category of people who are in this income tier. The others may not be "businessmen" but they are largely "a business, man".Starting and running your own business not only lets you put yourself in charge (and pay yourself whatever your business will support), but you also benefit if/when your business grows in value over time. You don't have to be the next Bill Gates or Michael Dell; even a modest local business can support a healthy salary for many decades.Of course, it's not that simple. While many of the wealthiest people can tie their wealth to running a business (either their own or someone else's), there are plenty of entrepreneurs who struggle to make it from month to month or go out of business within a year or two of starting.It's also very difficult to handicap the odds here. While anybody can start a business, the success of that undertaking is going to depend on the quality of your idea, your willingness to work hard at it and the conditions of the local market. Consider that while many people have made themselves into millionaires through starting engineering, construction or real estate development companies, that hasn't been a very easy path over the last five years or so.There are many kinds of business that you can invest your money in that will allow you to be self-employed: (a) Establish your own company (startup or small business) or (b) Start to invest in or buy and sell some products (equities, bonds, real estate, commodities, currency, etc).Here’re few ways to go about it:(a) Establish a company (startup / small business).The cleanest (and hardest) and most direct way to build the strongest “personal moat” and career capital is to start a successful company. This path requires the pursuit of a dream. This might be starting a business. Or it might be the creation of an app, product, or some unique service that provides added value to a significant number of people.Although it’s hard, it’s less risky than people think.Especially when young, it’s less risky to be a founder than people think (assuming one has no debts or family to take care of — big assumptions). Relative to employees, founders get disproportionate amount of the following: Financial upside ; Network upside ; Credit.Starting a company may seem completely out of reach and unfathomable, but when you’ve done all the preceding steps, it will be the most logical next one.However, there are many others who’ve built unique comparative advantages without starting companies.There are a few billionaires who didn’t start a company. But they ended up running the company they joined (Sheryl Sandberg, Steve Ballmer, Eric Schmidt) by helping it with a core need (asset).✿ Create an app, course, or product, service that doesn’t require you to trade time for money. License your intellectual property. You will make the most of your financial gains in this phase. So, besides building and empowering your team, use this time to innovate.✿ Small business is safe.* Go to wholesalers and look for products to sell.Even if you lose money, you will not lose too much money. However, when you start earning money, it will boost your confidence and courage and have a whole new learning experience of running a small business. Earn more and you can then begin to buy long-term investment plans and get long-term security on your financial wealth being of yourself and your family. So that no matter what happens, there will be adequate funds and the quality of life will not decline.* Start a service business.Launching a service business can be done without a large network, an online presence or much overhead. The easiest way to start is by telling people in your existing network what you’re offering and asking them to spread the word.Noah Kagan from AppSumo nailed this concept. He decided to see if he could earn $1,000 in 24 hours, starting from scratch. He ended up founding a successful beef jerky subscription business that he gave to one of his students to run.You can steal his concept, with a business like dinner catering, freelance writing or online marketing. Start by crafting a killer outreach email to get yourself up and running in just a few days.The best businesses to start when you have $50 or less are either sales or service businesses. All you need is your phone and the internet. It could be a consulting or tutoring business, selling cars, life insurance, renting out unused space/things, or even vacuum cleaners door to door, sharing-economy sites aka on-demand service (take a look at this index site). Or you can also take inventory and crowdsource: one person’s junk is another person’s treasure. Anyone can locally source goods for next to nothing from people who don’t have the time, energy, or technical know-how to list them online and promote profitably. You can do the same using e-commerce platforms like GearBubble, Shopify, Amazon, Facebook, and Etsy.These fields hone the skills that will be invaluable when you have more capital. You’ll learn how to persuade, negotiate, overcome fear, and handle rejection. The best way to drum up business with a zero marketing budget is to service the crap out of existing clients. Give them FedEx speed and Ritz Carlton service—it won’t cost you to be faster and nicer. Going above and beyond gives you the room to offer other profitable services within your niche. Remember: every client has at least a few referrals in them. Push for these: not only are you spending zero dollars in marketing, you’ve already done great work, so the least they can do is offer you a name.(b) Buy & Flip / Invest in a capital asset.✿ A capital asset is something you buy that you can then use to repeatably produce things of value, or produce them more efficiently - basically, physical things that give you a revenue stream (or boost one). Warren Buffett famously deducted his bike as a business asset on his first tax return because he had a paper route; then in high school, he and a friend bought a pinball machine, put it in a barbershop, and made enough money they could buy several more within a few months. Those are capital assets. No different than owning a stretch of railroad track or some railroad cars, except in their scale.What capital assets can you buy in order to put your money to work? Start thinking about buying things in terms of how much money they could make you. Would a local frat house like a skeeball machine? Are there local uses for a 3D printer if it were made available somewhere? How about a high-end drone? Find ways to preserve or maintain items that people enjoy, such as an alteration or tailor shop for fashion lovers. Opportunity is everywhere.✿ Buy & Flip: Sell an actual product, such as jewelry, clothing or furniture, online or in a brick and mortar store.The possibilities here are endless — you can sell just about any product or service that you like. Not pricing items and being friendly can also help increase sales, according to Consumer Reports. With time, this could turn into a full-time venture where you could source products online and re-sell them for a financial profit. With these profits, you could continue to grow your empire.Get into affiliate marketing. You can join a direct selling company. Direct selling companies are a great way for you to work around your existing commitments to earn extra money. You can choose the hours you work and how much you're willing to invest yourself into your venture. The best way to get involved with this type of activity is to work with a company that is part of the equivalent of the UK's Direct Selling Association. Alternatively, make sure you work with organizations that are reputable. If there is a product that you are particularly knowledgeable about, you may be also able to sell it. It's worth researching the product you're planning to sell. Make sure you choose a product that consumers buy regularly, will always need, and that's reasonably priced. You may also want to look for a product for which the demand is high and the supply is low. The technique is similar to what you would use for your own product, except that you will not to be concerning yourself with product creation, but only with the sale of someone else's product. You may even find after a while that you are able to add other products that are related. Should that happen, the site could generate substantial revenues. If you are able to have the product drop shipped to customers directly from the manufacturer, you won't even have to get your hands dirty. That may not be 100% passive, but it's darn close.Or you could start by selling collections of items that you've accumulated over the years. Find out what things are worth. Research the hell out of it. Devour completed auctions on eBay to know the value. Become an expert in that category. Then, once you know your products, know the markets.You can set up a dedicated website for this product or service, unless of course you have a website or blog or social media profile already in place. Alternatively, you can also sell it on an affiliate basis, either by offering it direct to websites and blogs related to your product or service, or set up a store on an e-commerce platform or existing marketplace such as Amazon, eBay, OfferUp, Poshmark, NeighborGoods, Alibaba, Amazon’s Marketplace, ClickBank, Gazelle, Magento, or Shopify. An online business is a great way to declutter your house while making some spare cash. Aside from the fact that it enables you to work from virtually anywhere with an internet connection, it also allows you to choose your working hours.For example, you can buy on Craigslist and sell on eBay. Buy some old T-shirts on eBay, and turn them around as trendy vintage tees and sell them for a share of the profits on Etsy or CafePress. Buy at Goodwill or a yard sale, and flip on Facebook Marketplace. Convert the leisure time into flipping time.It could be a product you have created and can manufacture on your own or it could be digital in nature (such as software, DVDs, or even instructional videos). Have a garage sale. For most people, garage sales are a way to clean out the basement while making a little cash on the side. Even the poorest of us has $500 to $5,000 of crap sitting in our closets. Those unwanted toys—the jacket you no longer wear, shoes that are out of style, or that old hammer—$7.99 on eBay is better than zero. Sell your T-shirt designs on CafePress or Zazzle. Start an online homemade crafts business: Go on Etsy, find something you think you could do, look at who’s selling it, get some inspiration, order some materials on Craftsy or whatever, and go nuts. Sell website templates on Envato.Sell vintage clothes at a thrift shop. You'll likely get paid by the pound but it's some money, so if you're in need, then why not -- especially if you have no use for those clothes anymore. This works best for things like maternity clothes, old children's clothes, clothes that you haven't worn in years or are simply out of style.Have an eye for photography? Of course, you need to be good at this to earn any money but it you are, you can sell photos on ShutterStock or iStockPhoto (along with many others) to generate a passive income from something you might be very passionate about. That’s how you start building your capital.With the average yard sale item selling for 85 cents, according to Statistic Brain, you’d have to sell a lot of old toys and paperbacks to make any money. But if you’re smart, your garage sale can be a real moneymaker. Jamie of Life Is Sweeter by Design made over $1,000 at her sale by choosing a great location (her in-laws house rather than her own small town), advertising, having a lot of stuff to sell, and organizing her wares so people didn’t have to pick up junk off the ground.If you’re willing to do a lot of little things, instead, then read this article, it’s got some legit, creative ideas.(b) Trade/Invest in Index funds or with a Robo-advisor.✿ Index funds provide you with a way to invest in the stock market that is completely passive. For example, if you invest money in an index fund that is based on the S&P 500 Index, you will be invested in the general market, without having to concern yourself with choosing investments, rebalancing your portfolio, or knowing when to sell or buy individual companies. All that will be handled by the fund which will base the fund portfolio on the makeup of the underlying index.You are also free to choose a fund that is based on any index that you want. For example, there are index funds set up for just about every market sector there is — energy, precious metals, banking, emerging markets — you name it. All you have to do is decide that you want to participate, then contribute money and sit back and relax. Your stock portfolio will then be on automatic pilot.✿ ETF is my recommended online broker for buying index funds. They make the research and process of investing into different funds very easy.You can put money into an account and letting an algorithm manage the investments is about as passive as you can get. Robo-advisors like Betterment or Wealthfront allow you to set your willingness for risk in the market and then manage the account for you.The algorithm will do all the work for you and keeps your portfolio balanced. The fees are very reasonable and much less than with an account managed by a person.See my tips for investing for more information.Read more here.4. Become a hedge fund manager.Hedge fund managers are a mix of all (1)(2)(3) - they sell their services, in very large unit quantities, to pension funds; they have to be among the very best at a very difficult skill; and when the fund gets paid, their ownership equity gets them paid (in low-tax carried interest!) an outsize amount.Learn about systems programming and machine learning and become really good at it, enter contests at making algorithms to get noticed (e.g. TopCoder, Numerai, etc), and ideally, leverage that experience to get hired by a hedge fund. But until that happens, you’ll be in a position to sell your time at $100/hr or more within a year or two if you work hard at things, solve tough problems, and get some references (people who’ve hired you who will vouch for you to future employers).5. Become a real estate developer.Real estate developers are both dealmakers as well as equity owners (2)(3), who can do OK just getting things built but really jump into the income stratosphere when they own the residual profits from their deals that do well.Generally speaking, to fall into my 5 categories, you have to create a bunch of value somehow (via talent, dealmaking or team-building) and also to find a way to capture a good chunk of that value for yourself (e.g. a competitive market for your services, commissions, or equity ownership, respectively).Even though these are "fast" forms of making money, remember they do demand your initial attention, research, and hard work. Only with that initial effort will these begin to pay off for you.You'd be amazed how much money you can save by leaving your comfort zone a little, or putting a little time into preparation. Anytime you can get paid for something on a basis other than working by the hour, year, or commissioned deal, it's something that scales very well, and quite possibly makes you rich.There are plenty of people in this world who firmly believe that the only way you get wealth is to take it from someone else, by hook or by crook. They believe that the universe is zero-sum. For much of human history, this thinking was largely correct; you maybe owned a fiefdom and had some serfs whose labor brought you leisure and power, but had to be constantly making alliances and hedging your bets, lest someone come in and kill you and take your stuff. It is the attitude and mentality of tribalism, us-against-them, ruthless darwinian competition.Laziness is VERY expensive! Hustle is almost invariably profitable.Stop asking questions and start throwing yourself into real life, try to solve problems and work hard. You're never going to make any money if you do nothing.The world is yours. Go forth and conquer.See the key to getting rich and success in life for more information._“If I read a book that cost me $20 and I get one good idea, I've gotten one of the greatest bargains of all time.” —Tom PetersOne of the best things you can do for yourself is to develop a reading habit. View reading as an investment – a book costs $10 or $20 and can change your life in a meaningful way. It’s not something I believe in saving money on, even back when I had no money. I’ve always spent money on books. I’ve never viewed it as an expense – they’re an investment.You need to understand that $50 is essentially nothing and reinterpret the problem more broadly: What can you do to make money if you start with absolutely nothing?Focusing on the money actually framed the problem way too tightly. You need to look at the resources at your disposal through completely different lenses. You have a fabulously valuable asset—that others didn’t even notice—just waiting to be mined.The best idea costs you nothing. Not having money is not a valid excuse—it’s a lack of resourcefulness that stops most people from making money. Forget the $50 and try to figure out how to make money without any money.Remember that it's not quite that simple, though.While many jobs certainly pay well and I do not understate the importance of hard work, they too rely on an all-too-rare combination of natural talent and luck. Accessibility can also refer to the training required and the number of opportunities that exist in a given field.A job must pay well if one is to build a seven-figure net worth from it, so salary is a significant factor.It's not all about salary, though. It is also important for a career to have the duration necessary to build the requisite amount of wealth.While all of these professions can look to long careers (and pay usually increases with experience), there are sizable entry demands, including multiple years of expensive post-graduate schooling.In addition, people need to take a lesson from Willie Sutton and go where the money is. Political scientists, economists and nuclear plant technicians may all potentially earn a lot, but there are not many positions available in a given year and there's not much job growth. On the other hand, demand for medical professionals and computer engineers continues to grow at above-average rates.While you may be hoping for a map to careers where the roads are paved with gold, these maps just don't exist. That's due in part to the fact that there are so many different ways to get ahead and build towards that target of $1M. Consider the following: a person who makes $60K and saves 20% of it will get much further much faster than someone who earns $100K and saves only 5%. Likewise, prudent investing is crucial. Even a doctor who saves $15K a year free and clear will need to work for over 65 years to have $1M without any gains on those savings. Consequently, developing the skills and the discipline to save and invest effectively is almost as important as developing the skills for a six-figure salary. It's what you keep that counts. Always live below your mean. People living far below their means enjoy a freedom that people upgrading their lifestyles just can’t fathom. Keep living like your old self once you make a little money, so the worry goes away. The most dangerous things are heroin and a monthly salary—they’re both highly addictive. Ideally, you’ll make your money in discrete lumps, so your lifestyle doesn’t have a chance to adapt. Looking rich doesn’t mean you are rich. You can have the money, but you may not have the education to manage wealth and maintain stabilities.The bottom line is, while no one should choose a career solely based upon its earnings potential, it's still a valid consideration. At the same time, aspiring millionaires need to consider how difficult it is to train for a profession, how likely it is that they can get jobs in their chosen fields and whether they will enjoy the work enough to stay at their jobs for decades. When all of those factors intersect, and you're willing to save and invest carefully, there are dozens of careers that can lead to a net worth in the seven figures before retirement._When building wealth, choose direction over speed. If you’re pointed in the wrong direction, it doesn’t matter how fast you’re traveling. Inversely, if you’re locked on to your desired destination, all progress is positive, no matter how slow you’re going. You’ll reach your goal eventually.When it comes to the goals that are most important to us in life, we tend to jump tracks the second we stop perceiving forward momentum. We’re choosing the illusion of progress over what really matters.Take a little time now to study the map. And once you’ve charted a route that will get you where you want to be, stay the course. You won’t move forward all the time, but if you trust the process, you’ll look back and be astonished at how far you’ve come.When building wealth, choose consistency over numbers. The greatest factor determining your success is how well you are able to maintain consistency in your efforts. You've got to have consistency. The longer the time frame for results, the less you need intensity and the more you need consistency.It's like you can't go to the gym for 9 hours and get into shape. It doesn't work. But if you work out every day for 20 minutes, you will absolutely get into shape.There're many highly risky ways you could probably use if you want to increase your money fast, but remember that the consistency just isn’t there in risky investing, especially if you’re not an investment professional.Given enough time, many investments have the potential to double the initial principal amount, but many investors are instead attracted to the lure of high yields in short periods of time despite the possibility of unattractive losses.There are no shortcuts or silver bullets. Don't pursue any get-rich quick schemes. There are no get rich quick schemes. That's just someone else getting rich off you. There are no shortcuts. NONE.Play iterated games. All the returns in life, whether in wealth, relationships, or knowledge, come from compound interest.You have to sweat it out and do your homework to make above market returns.This is not financial advice. I'm not a licensed financial adviser. If you want investment advice tailored to your specific situation, get a financial adviser or ask someone in the top 1%. While there may be some smart people here, your situation is different from other people. Don't assume that what works for someone else will work for you.But don't trust anyone.Success is entirely about making good decisions. Information may be power, but these days, everyone has access to the same information, so the playing field is level. It helps to surround yourself with the best people, but when you’re the boss, it’s your butt on the line. Power doesn't com from relying on someone else to handle your decisions. It is created when you - and only you - take the initiative to learn and to make sure that you have what you need.Look around you. Who cares about you more than you do? The answer is no one. What happens to you directly affects the quality of your life—not my life, not some advisor’s life, but your life. No one have your best interests at heart.No one cares more about you than you do, but there are plenty of people who care about your money. Many of them want to turn it into their money and they are quite good at it. The less money you have, the more likely someone will come at you with some scheme. … Please ignore them. Always remember this: If a deal is a great deal, they aren't going to share it with you. Be skeptical of anyone who does. If the person selling the deal was so smart, they would be rich beyond rich rather than trolling the streets looking to turn you into a sucker. Nothing in life is free. If you're not paying for it; you're the product. One more thing I learned about people is that if they do it once, they will do it again.Others have good intentions but simply can’t control their emotions, don’t understand you, your situation, and how money works. They can mean well, but they often don’t know you *that* well and can have some really bad ideas. They may try hard to do the best for you but, inevitably, get lost in the translation of what is actually the best for you. Even if you go to people who are qualified to give advice, it’s no guarantee that they will know what’s right for you. If, in your thinking, you rely on others, often through purchase of professional advice, whenever outside a small territory of your own, you will suffer much calamity. This happens in part because other people are often undone, not by their conscious malfeasance rather by troubles found in their subconscious bias. Once you start outsourcing things, you revert to the middle of the bell curve… You’re deferring to other people who have a somewhat different risk profile, aren’t incentivized the same, and really aren’t motivated to probe at the edges. People tend to underestimate how they’ll behave when they’re “hot” (angry/aroused/rushed), caused by the inability to accurately foresee how their body’s physical response to situations (dopamine, adrenaline, etc.) will influence decision-making. If you don’t trust your subconscious to reach the truth, why would you trust strangers who aren’t even trying to keep their subconscious in check? In addition, advisers often fall into what sociologists call conversational narcissism, focusing too heavily on their personal preferences and experiences rather than taking our perspective.Even successful people give bad advice all the time. Never outsource your judgment, no matter who the person is.If you’re nervous about the decision, you’re less likely to notice those discrepancies. Anxiety impairs our information processing, making it difficult for us to distinguish between good and bad advice and recognize conflicts of interest.Remember, one thing that NONE of the ultra wealthy does is DELEGATE investment decisions. They only invest in things they understand, after asking multiple questions and doing due diligence on their own pace. If you don’t take care of your money, no one will take care for you.Be nice to everyone. Be friends with a few. Trust one person: yourself. Listen to others but only think for yourself and trust your gut. Your best advisor is you. The hard part is following your own advice. Do your own thinking independently. Be the chess player, not the chess piece. Don’t rely on someone else’s judgment when you’re the one risking something. Never outsource your decision-making. Never discredit your gut instincts. You’re not paranoid. It is the light from within informing you. Your higher self is guiding you. You know more than you think you do. The heart will not betray you. Your heart can pick up bad vibrations. If something deep inside of you says something is not right about a person or situation, trust it. When considering options, watch your heart rate. Question everything. Bend reality.The only way to avoid making bad decisions or being taken (one way or the other) is to equip yourself with knowledge and experiences. Individuals should think about the worst-case scenarios and plan for them. The world will be crazier than you think it will be. If you want the truth, take no one else’s word for it. Accept only science, reason, and direct experience. Start on solid ground. Mind each step. Try to study as much as you can, put money away, and then you can live with much more freedom.If you’re outside your circle of competence and still have to make a decision, ask experts HOW they would make the same decision not WHAT they would decide.If you lost anything, don’t blame others. Look at yourself and ask if you’re willing to reduce risk by getting educated.Investing well is a skill that everyone can and should learn. Accreditation rules prevent learning and push people into a small set of "safe" assets, high-priced managers, and into lotteries / gambling. Rules based on sophistication instead of net worth would lower inequality.You only need one big break (or many small breaks) to get wealthy. Once you get there, let the words of the late Commodore guide you: “Any fool can make a fortune. It takes a man of brains to hold onto it after it is made.”If you can learn how to manage money, you only need to get rich once, get lucky once, figure out how to provide a lot of people a lot of value once, figure out how to get paid well once. If you never learn to manage money, it doesn’t matter how many breaks you get-you’ll be poor.Best of luck!

The government of Narendra Modi has included onions and potatoes in sections of the goods law.Onion prices have risen in some states to Rs 100 per kg, which means that the Center must facilitate imports via private trade from Afghanistan, Egypt, Turkey, and Iran.The rise in retail prices comes at a time when wholesale prices have fallen, according to The Indian Express. This reversal of the normal trend, said Jaydutt Holkar, president of the Lasalgaon wholesale market in the report, maybe due to commercial impositions imposed by the Center earlier this year.How much has the price gone up?In Delhi, the selling price of onion increased by 45% to Rs 100+ / kg last week. PTI quoted official data from December 1 stating that the rate at the time was 80 Rs.Even in Madhya Pradesh, prices are in the range of Rs 70-80 per kg. The food and civilian minister, Pradyumn Singh Tomar, said the government will take measures to control onion prices.Prices have risen to Rs 60 per kg in Dehradun, according to ANI, and a wholesaler said the problem will only be resolved when the new Nasik stock arrives.In Odisha, onions are sold at Rs 4,800-6,200 per quarter and Rs 52-70 per kilogram in different markets, a PTI official said. Odisha's food and civilian minister, RP Swain, said Tuesday that the price of onions could rise by Rs 6-10 per kilogram, due to rain in three supplier states.In Chandigarh, the price of onion rose on Tuesday at Rs 80 per kg in the vegetable markets. Street vendors had raised the price to Rs 100 per kg, according to The Times of India. Even in Chennai, the prices are between 60 and 80 rupees per kg.Why are the prices going up?According to NDTV, traders attribute price escalation to the poor supply of Nasik. “Only because of the rain is there less supply. The sale of onion is not affected, "said Selvam, a vegetable seller, according to the report.This is caused by heavy rainfall in Nasik, Ahmednagar, and Pune due to crop damage, the Daily Pioneer said. It is said that more than 54 lakh hectares of crops have suffered serious damage from the rain, the report added.The Union's Minister of Food and Consumption, Ram Vilas Paswan, said on Wednesday that prices have risen because the production (onion from Kharif) in the country has fallen by 30-40%.There was a delay in sowing Kharif onion due to the late arrival of the monsoon and subsequent flooding in many states damaged the harvest, he said, according to PTI.The minister also said that prices fluctuate depending on supply and demand and currently there is a mismatch in this.The consumer secretary, Avinash K Srivastava, said the onion production is estimated to have fallen to 20 lakh tons in the 2019 Kharif season from 30 lakh tons in the same season last year.This is a reaction to the unbridled price increase of these sensitive products. Onion is perhaps the only merchandise in India that has the power to overthrow a government.But the government's political response, unfortunately, plays with the same old story: hoarding is the cause of rising prices.Hoarding happens without a doubt. But the reason for this roller coaster of seasonal prices lies elsewhere. The onion market is formed by our laws and policies. And it is certainly not unique: all other crops in the country have the same market structure. Onions just get more press.The current system places, as I explain below, too much price power in the hands of very few. To make matters worse, these few are often related to community and marriage, making it difficult for law enforcement officers to break collusion and price manipulation.The current market structure.Each state has its own version of the Model Act of the Agricultural Products Marketing Committee (APMC Act). This determines the market structure (who can buy and sell to whom, where, when and the costs and taxes that must be paid at each stage) that the onion chain has created as we know it. About 97% of the country's onion harvest is sold in 50 large patios of the onion market, regulated by the APMC law.And it is because of this law that the Indian onion farmer gets a low price for his product, even when consumers pay a high price.Usually, thousands of small farmers bring their products to a small number of authorized brokers, traders, and exporters in their nearest market. Here, quantity counts, not quality. When a large number of farmers try to sell to a small number of authorized buyers, they have little negotiating power. They do not have access to price information in other markets or the portfolio of arrivals in the same market, which also has an impact on prices.According to APMC, every agent and commission trader needs a license from every market in which he wants to do business. Therefore, if I wanted to buy in all markets located in the country, I would need 7,200 licenses, one for each. The shipyards of the regulated market. The main disadvantage, however, is that you can only obtain a license if you own a store or leave that particular market square.Because most shipyards are decades old and unbearably stretched, finding space is virtually impossible. Old stores are valued more than relics and are passed from parents to children for generations. Existing traders and agents are organized into associations that fiercely protect their territory and oppose reforms. That is why this requirement makes it impossible for new traders and brokers to enter a market and offer better prices for the market.The result is that traders and commissioners in every mandi-onion (market) are an old children's club, where membership is hereditary and is controlled by a complex system of marriages and alliances. Collusion and prizes are rampant, but no one will expose his brother.It also helps that the onion trade is very concentrated. Six of the top ten markets are in Maharashtra and Karnataka. Delhi, Gujarat, and Rajasthan each have one. More than half of India's daily arrivals pass through these ten markets, leaving it to a small and closed group of powerful traders to set prices in these markets.Maharashtra traders often buy onions in the markets of Karnataka when they perceive a shortage. Politicians make a noise, but onion traders are never accused or punished for "hoarding" or for acting as a cartel for complex political reasons. (Now, with the ESA limitation, things can change a bit).Onions purchased from these wholesalers/committee members flow to supermarkets to serve more than one billion consumers. There are no laws to prevent retailers from paying what they want. Consumers have little or no independent price information. Or rather any mechanism for avoiding this system.So basically that is the market: thousands of farmers channel 16 million tons of onion through a few hundred traders who then sell to the world's largest onion consumption market. In the best case, farmers receive 45 countries from every rupee issued by the consumer. The rest is packed by traders and retailers. All this is completely legitimate.How can we correctly determine this restrictive supply line?The answer is clear. We must allow more competition between traders. In this way, the pricing power is not concentrated in a few hands. Karnataka is the only state of onion cultivation that has seen the light in this regard.Karnataka's experienceLast year, Karnataka introduced large-scale reforms of agricultural marketing through a new law that requires only one permit to work in all of its 500 regulated shipyards. It has also expanded the definition of the market yard. Now even a warehouse can be treated as a yard and farmers can sell in a warehouse near their farm. Previously they had to travel up to 380 km to sell their products. Companies can set up shipyards on the private market and there are lower costs for direct purchasing centers. The rates for the trade-in fruit and vegetables are lower. More traders mean more competition and better prices for farmers.More markets mean less stretched infrastructure. Currently, more than one more of the farmers is served by a regulated market. The proliferation of new markets and storage will stop such agglomeration and encourage competition.It doesn't stop there. Karnataka has also introduced an electronic market that ensures that the quality and quantity of each bag of products is entered into an online system when a farmer reaches a mandi. Traders bid for each parcel online, even by SMS, and everyone can see the prices offered, largely resolving the downfall of Indian agricultural markets: the asymmetry of information. Farmers can refuse the price offered and wait another day. Indeed, there is total transparency in daily arrivals, the highest and lowest offers and the bags sold. Farmers will soon also be paid electronically, which puts an end to the control of the commissioner over their money.It has already been discovered that this single market is successful for various products at around 30 markets in Karnataka. Two major onion markets in the state, Gadag and Hubli, have taken over the system. The platform can easily be expanded to another part. (Disclosure: my employer is working with the Karnataka government to implement the electronic market).Finally, the plan is to connect all major market sites in Karnataka in a unified market with uninterrupted price discovery, price diffusion and freedom of entry and exit. Competition between farmers is compensated by competition between traders. And consumers will win as the number of sellers increases.We need a uniform national marketBecause every state is a fief when it comes to agriculture, Karnataka's reforms are limited to their borders. But the domino effect will be felt in neighboring Maharashtra and Andhra Pradesh, as local farmers are beginning to demand similar transparency in their own markets. Merchant shipping associations will protest naturally. And this is where the Modi government can intervene.The powers granted under entry 42 of the Union list to enact legislation for the entire country enable the central government to quickly revive the draft trade and trade (development and regulation) of agricultural products. Inter-Estatales, 2012. Aims to integrate fragmented domestic markets for agricultural products into a single national market. The bill was drawn up two years ago by the Ministry of Agriculture on the basis of a suggestion from a committee of agriculture ministers.It provides a single record for all interstate agricultural trading activities, eliminating the need for multiple registers in each state to buy and sell agricultural products. It also specifies that when a trader has a national license, he cannot be asked to pay market prices for agricultural products brought from outside the state. In short, there is an already prepared bill that can properly rectify the disturbances that we see in our agricultural markets.All you need is political will.The European Union created an internal agricultural market with 29 countries. We need a law that unites our 29 states into a single agricultural market.

Small Business Ideas with Low Investment and High Profits Students, Men and WomenTop 10 Most Successful Small Business Ideas:1. Tuition/ Coaching Classes:What was your favourite subject in school? Did you sail through Mathematics like a wizard or did you have a special chemistry with Chemistry? If yes, a room, some chairs, a board, marker and duster is all you would need to start teaching a subject. If you know a foreign language like French, Spanish or German, you could easily impart lessons in such languages and start a small business without any great investment. There is always a demand for foreign language classes from students and professionals hence you need not worry about the pipeline drying up as an entrepreneur. The idea is not only about low investment and high returns, it also has a certain sense of cash inflow and demand predictability. For such businesses, you can start with a very small business loan too and there is no dearth of avenues from where you can get a basic loan to start this type of business.2. Event/ Wedding Planner:Weddings never go out of fashion. Whether the economy is booming or going through a recession, there is always a market for weddings. To add to it, weddings range from the “big fat Indian weddings” to very private gatherings. To put things in perspective, the Indian wedding market was estimated to be around $50 billion (around ₹33,000 crore) in the year 2017 and it is growing at a rate of 20 percent per year. This presents a huge opportunity for wedding planners who can ensure wedding themes, planners, decorators, caterers in place and immaculately plan and organize the entire wedding ceremony. It requires initial capital investment for staff, logistics and arrangements for which a plethora of small business loan options are available at your disposal. While the initial investment is low, the returns that can be made once the business scales, is significant.3. Cooking Classes:If the popularity of shows such as Master Chef is any indication, cooking classes may be a great business in India. It requires very low investment but can earn good profits. All you need is to set up a kitchen and equipment, the allied infrastructure, the raw materials and cooking ingredients. Anyone who believes in the potential of this business would need to make a very low initial investment. They can avail small business loans from a wide range of financial service firms. Once the cooking class is set up, the proprietor can run several batches at the same facility. The Capex investment is thus limited, and a small working capital investment would suffice to run the enterprise seamlessly.4. Driving School/ Cab Service:If one has good driving skills and can buy a vehicle such as a car, driving lessons can be imparted to people. With the same vehicle, the person can teach 10-15 customers in a month and earn a decent amount with minimum investment. It might not be very difficult to avail a small business loan and buy a car. A part of the earnings from the driving school can be used towards repayments to service the loan. Depending on the savings, the fleet of cars can be expanded, more driving instructors can be hired, and the business can flourish. A person may also avail a small business loan to buy a new car. If he has the required driving skills, he can enroll into a ride hailing service such as an Ola or Uber. Once he does that, he can offer rides through the ride hailing app and make money to pay off his loans and save for further business expansion.5. Food Catering Business:Everyone enjoys good food. A food catering business is never out of demand. All occasions such as birthday parties, weddings, anniversaries, etc. have food on offer and caterers are in demand to ensure that the food served is delicious. For a food catering service, all you need is a kitchen and a few employees to cook, serve, deliver and manage logistics. Did you always want to own a dream restaurant chain? You can start with a food catering business as it is comparatively low investment and high return business. You can avail a loan for the capex investments and slowly build a great business. Considering our country and the celebrations, rituals and events we have throughout the year, a catering service will always be in demand. It is one of the best small investment ideas in India.6. Fitness Centers:More than 65% of India’s population is less than 35 years old. The youth are a health-conscious lot and many of them are members of a fitness center or gym. They love to hit the gym and burn a few excess calories. The remaining 35% also comprises a lot of fitness enthusiasts and health conscious people. Anyone who has trained in an area of fitness can start a fitness center. The space or infrastructure and equipment can be leased or bought. The space can be used for almost 16 hours a day as people like to walk into the fitness center at various times during the day. The idea of opening a fitness center is a business idea with low investment. Even if the person interested in opening this center cannot afford it, he has multiple avenues at his disposal to avail a small business loan. It is a very profitable business idea as subscribers of the fitness center find it difficult to keep coming to the fitness center regularly but most of them pay an annual subscription.7. Computer Training Center:We are in an era wherein there is a lot of demand for computer literacy and proficiency. If one has a basic idea of how to operate a computer and how to work with simple tools such as the Microsoft Office suite of products – Word, Excel, and PowerPoint, the chances of employment of the person is much brighter. Hence, there is a great demand to learn computers, programming and the booming areas in technology such as artificial intelligence, block chain, data analytics, IoT etc. Are you an expert in any such area? If yes, you can start a training center equipped with internet connection, a few computers and learning aids such as whiteboards, projectors etc. The business is driven by knowledge and hence the subsequent investment after the initial capex outgo is low. Multiple batches can be run for college students, working professionals etc. and a handsome profit can be made on a very small initial investment. What’s more, a small business loan for such initiatives is easily available.8. Boutique, Salon, Spa etc.:There is always a demand for personal hygiene, fashion and grooming related services. Once you make an initial investment in the store and raw material, if you can focus on selling and brand partnerships, you are highly likely to turn it into a profitable business idea. A small business loan for the same can be easily availed. If you are interested in becoming your own boss with any such venture, the right time is now!9. Real Estate Agent or Broker:How about becoming a rainmaker for your own business? Sounds interesting. With a little research on the real estate market in the area and an understanding of the prospects for both commercial and residential real estate, one could venture into creating a real estate agency. If you have good communication and people skills, you are likely to attract buyers and sellers alike and broking a deal could help you earn a handsome commission. The investment required to start this is very less and as you build your network and start playing a role in more deals, the commission you earn can make the business venture a highly profitable one.10. Web/ Social Media agency:In the digital age, most companies want to spend their marketing budgets on advertising through digital channels and through paid social media campaigns. If you have a good knowledge of marketing, communications, branding, web presence management and social media, you could start your own venture to help companies establish a strong digital footprint. All you need is an office, a few computers, some skilled professionals and you are good to start. Are funds to start up a problem? You needn’t worry as there are many options to avail a small business loan to start a web/ social media agency.Other Lucrative Business Ideas include:Creative Business Ideas:1. Children Play/Adventure Area:Starting a children play area is one of the very profitable idea for a small business. Investment required for such a business is medium.2. Tea/Coffee Cafe:Working at a Cafe is a new trend. Having a well-furnished cafe with good ambiance and variety of Teas & Coffee is a profitable business. A rented/owned place with small investment is required for starting a Cafe.3. Custom Gift Store:A gift store is one of the best creative ideas. A customer is always looking for a customization in their gift. Giving them what they need is surely going to benefit your business and increase profits.4. Antique Business:Opening a small antiques shop with different kinds of antique items and furniture is surely going to pull the crowd. Antique business can become highly profitable if you find the right customers who are interested in antiques.5. Game Organizer at Event:A game organizer is in high demands at various parties like birthdays, anniversaries, etc. It is a creative business idea where you have to be good at communication and creativity.6. Hot Air Balloon or Boat Ride Services:This is one of the most adventurous business ideas. The investment required here is big and skilled manpower is required to assure customer safety. To start such a business, you need a bigger space.7. DJ Services:Be it any event, party or a wedding; DJ’s are always a priority. The pubs are completely dependent on the DJ’s to pull in the crowd. A person needs good amount of skills and experience to make the crowd groove.8. Chatbot services:One of the upcoming business in the recent years is developing a Chat bot. Many companies are incorporating chat bot service on their website. Building a custom chat bot as per requirement will definitely yield high profits.9. Interior Designer:If you have a degree in Architecture, you can become an Interior Designer. Real Estate in India is booming day by day. It is expected to reach $1 trillion by 2030. In such a developing market, the need for Interior designer is always going to be high. If you’re skilled and have bright ideas to turn a House into a Home, this business can do wonders.10. Dance/Music Classes:Dance and Music are two creative businesses. Both these businesses require special skills and lots of experience. One of the best things is you can start this business at your Home, with a minimal investment.11. Ice Cream Business:One innovative idea for a business is selling ice creams. Create unique flavours according to the seasons to attract your customer. This business requires special skill and patience to try out different combinations of ice cream.12. Hair Business:People might think of Hair business as a weird idea, but the hair industry is one of the most profitable industry. Hair industry contributed to $248 million in 2018. India exports hair to US, Europe, China and Middle East.13. Ethnic Food Service:Now a days people do not eat to satiate their hunger but for pleasure. If you think you have amazing culinary skills that can make people lick their fingers out, then you should start an Ethnic Food Service at home. You just need to have the right knowledge of ingredients and the idea of culture and region the recipe comes from.14. Funeral Services:Though it may sound weird, such services do exist and are making a good business in India. You need to provide services that might include transportation of the dead body and providing advice about the rituals. The services can also include providing all the material required for the cremation ritual.15. Doula Services:With little training in childbirth and care you can start your own Doula Service. The investment in this business is very less compared to any other business. The services include a prenatal visit, labour and delivery, and a post-delivery follow-up.16. Organic Farming:Organic Farming is being followed in India since the ancient times. It aims at cultivating the land by use of organic wastes. With the increasing demand for organic grain in the market, Organic farming has gained a lot of popularity. If you have a land you can invest in this small business.17. Mobile garage service:Most of the time cars break down in the area where there is no garage service. If you have a vehicle you can convert it into a mobile garage with a small investment.Home Based Business Ideas:1. Home Chocolate Business:No matter what, chocolates will never go out of demand. May it be any occasion or event chocolates are a must. With little investment in the raw material you can start a home-based business of making chocolates. Home made chocolates have a huge demand in the market.2. Recruitment Services:Recruitment service is one of the most lucrative business in today’s time. All you got to do is shortlisting, selecting and appointing suitable candidates for jobs at the comfort of your house and earn great commission out of it from the company.3.Tailoring:Fashion and lifestyle today are one of the most money-making businesses. If you are a housewife or want to earn some extra income, then you can start tailoring service at home. All you need to have is a sewing machine and some fashion sense.4. Tiffin Services:Providing food has become a major business in the industrial areas. For some working professionals who are unable to cook at home or who stay away from home in other cities, Tiffin Services becomes a convenient option. You can use your kitchen to cook fresh food and start this profitable business.5. Hobby Class:If you want to enjoy doing a business start a hobby class. Today, parents want their kids to learn as many things as they can and not waste time hopping around in the sun. you can start hobby class for dance, music, craft based on the skill you possess. The best time to earn in this business is during the summer vacations.6. Yoga Class:Wellness industry is growing in India. In this fast-paced life, people want to give some time to themselves and attain peace. You can start yoga classes at home and train individuals to live a healthy life with just little investment.7. Insurance Agent:If you possess good communication skills and have great convincing power be an insurance agent. With little investment, you can start this business. There cannot be any other easy way to earn good commission than selling insurance policies.8. MLM – Network Marketing:Multi-level marketing or Network Marketing is a business where you need to sell product and services of associated company to earn profits. The income also includes a percentage of income from the sales group which is recruited by you. This is completely a referral business and you can operate from home.9. Marriage Bureau:One on the most productive business for housewives and retired individuals is Marriage Bureau. You just have to meet and greet people and with little investment you can run this business from home.10. Medical Sample Collection:If you have marginal knowledge about the blood group and various medical procedures, you can start this business. It only requires you to collect body fluid samples and provide it to a pathology clinic near you. This is a less competitive business and can be started in a small place.Part Time Business Ideas:1. Errand Services:If you think you have excellent management and planning skills, you can run this business efficiently. All you have to do is look out for errand task such as banking, grocery shopping, paying utility bills, delivering things etc. and earn through the services you provide.2. Party planner:If you enjoy planning and organizing, how about being a party planner. This is the most exciting job as it involves creativity. This business is in very much demand in the metro cities due to their party culture.3. Accounting and Record Keeping:If numbers excite you then you can start an Accounting and Record Keeping business. A finance person with experience in accounting job can earn through this business by rendering their expert services. You need special training for this business but can start on your own with very little investment.4. Day Care Services:These days many parents rely on daycare centres to care for their children while they work. While some parents may just consider a professional daycare centre to be the safest option for babysitting, but others consider a homely environment for their children the best. So, if you like children and don’t mind spending a few hours of your day caring for them then you can start a Day Care Service centre.5. Sofa Cleaning Services:People are getting busier each day. They do not find time to clean their furniture at home and office. If you enjoy cleaning, then you can team up with some semi-skilled or unskilled manpower and start Sofa Cleaning service with the help of right equipment.6. Visa Consultant:Consultants are always in demand. If you have knowledge about various rules and regulations of visa and can guide about the documents required in the process you can establish a Visa Consultancy firm.7. Personal Chef:If you love cooking and hold expertise in cooking various cuisines, you can be a Personal Chef and generate income from your services. This business requires you to investment in mainly the cooking apparatus as well as the ingredients.8. Sports Coach:If you share love for sports and hold a degree in sports coaching, you can train children or individuals who want to make a career in sports. You will need to personally train the individual so he can achieve his goal.Low-Cost Business Ideas:1. Mobile Food Shop:Mobile Food Shop is the top small business idea as people all over the world love to eat tasty and healthy food. This is a business which you can start with minimum investment and gain maximum profits as no one can ever refuse tasty food provided in a hygienic manner.2. Fast Food Parlour:Fast food is the first choice for people who are hungry and do not have access to home cooked food. If you provide tasty and hygienic food at an economical rate you will gain quick profit.3. Diet Food Shop:These days people are too much conscious about what they eat. You can find fast food joints everywhere in the rural and urban areas, but we hardly have shops that provide healthy diet food. Therefore, starting a diet food shop is an excellent idea for a small business.4. Health Drink:Due to social media, people are well aware about what is good for their health. They have started opting for health drinks over carbonated drinks. Juices like neem, beetroot and carrot are too much in demand. Thus, starting a Health Drink stall is a good business idea.5. Ice Dish & Soda Shop:Ice Dish & Soda Shop is one of the lowest investment business with maximum profit. All you need is to invest in the equipment required to make the drink, like ice snow maker and soda maker.6. Courier Shop:If you are quite efficient in delivers a message, package or letter from one place or person in the required time, this business is for you. You will require semi-skilled workers to manage the business.7. Laundry Shop:Every individual love wearing fresh clothes that smells good. If you are efficient in providing good laundry service this business is for you. You can employ a few unskilled workers to help you manage the task.8. Candle Making:Candle Making is an art but you can make this art into a profitable business if you provide bulk orders by using available machinery through marginal investments.9. Soap Making:Organic and herbal soaps are in demand in the market. If you have the skills to make soaps using various ingredients, then you can make this hobby a business.10. Idol Making:If you are creative and have the skills to make idols, then you can start a business of making idols. We are an idol worshipping country and during festivals like Ganesh Chaturthi, Durga Puja etc idols are in great demand.11. Bag Making:After ban on plastic, this area of business is flourishing as there is a huge demand for paper bags from malls and shopping units. You can use your creativity to make bags from jute, cotton etc to sell them online or offline.12. Pickle-Papad Making:Pickle-Papad Making is one of the best home-based business idea that women engage in since earlier times. You start this business part time or full time as per your convenience.13. Fruit Jam Making:Home made fruit jams are fondly relished by people as they are free from preservatives. You can make this into a profitable business with less investment provided by various organisations.14. Career Counselling:If you understand the work trends and the careers that are in demand you can opt to be a Career Counselling. You can start this business from home. Nowadays parents and teachers look out for good Career Counsellors so they can guide children in pursuing a career for their future.15. Religious Items:India is a country of multiple religion and languages, there are various customs and traditions that people follow. The requirements of religious items for engaging in various customs are different. The religious items such as Diya, Dhup, Murti, Shankha are always in demand. Therefore, this business is favourable in areas where there is a religious organisation nearby.16. Pest Control:Pest control business is slowly becoming one of the top business in the metro cities. Everyone wants to live a healthy life free from diseases caused by insects and mosquitos. Thus, Pest Control business is a good option in the metro cities.17. Paan Centre:Anyone can open a Paan centre as it does not require any skill. It is a low-cost business idea and involves preparation and sale of paan and other related items. You can also sell small items like biscuits and chocolates along with paan.18. Landscaping Service:Through landscaping business, you can provide clients with lawn services to keep their yards groomed and can also plant flowers, trees and shrubs. To start this business, you need to have the knowledge to plant flowerbeds and gardens to raise the value of a property. As the property rates are going high this business will give you maximum turnover.19. Aquarium Shop:Aquarium is a low-cost business where you need to take care of the fish tank and provide Professional Aquarium Leasing and Maintenance for Office or Home. Aquarium is considered good for Vaastu therefore this is a good business in less investment.20. House Repair Service:Every now and then houses need maintenance and repair thus House repair Service is a lucrative business idea. If you have knowledge about construction along with a few skilled workers, you can start this business.21. Palm Reader or Astrology:Palm reading is a practice of predicting the future of a person by examining his/her hands. It is a convenient business and a person having the skills of a palm reader can earn a moderate sum through this business.22. Fumigation Services:Through Fumigation Services, gaseous pesticides are sprayed or filled in the infected area to get rid of pests. The fumigants or pesticides poison the pests in and around the area. One needs to have clear idea of the chemicals used in the process to run this business.23. Spy & Security Services:No one can be trusted at present day. Due to which the need for Spy & Security Services arrived. Many people use such services for their homes and offices24. Car Pooling Services:Car-pooling is a type of car rental designed to be convenient for people who want to use cars for relatively short periods of times. Car sharing services offer casual drivers the option to rent a car by the hour or day. Due to awareness about pollution and traffic control this business is booming day by day.25. Software Training:If you are an expert in computer language such as C, C++,JAVA, HTML etc. you can start a business of software training from a small rental area or from your house.Online Business Ideas:1. Blogging:A weblog which is also called as a blog is maintained by a blogger to give out information about a subject. Blogging has gained momentum now a days as it helps generate traffic and there is demand for bloggers in the market. Therefore, this can turn as an amazing online business in today’s time.2. Vlogging:Video blogging, or vlogging is an affordable avenue to use to help your small business grow. Video blogging is an innovative way to increase your brand awareness. You can upload your blogs on YouTube and make money out of it easily. All you need is confidence in front of the camera and some editing skills to start with.3. YouTube Channel:By 2021, it’s estimated that 82 percent of all internet traffic will be for video. Starting a YouTube channel gives you a powerful medium to produce and distribute video content, which is only going to become more important day by day. Youtubers help individuals and businesses build influence, income, and impact with YouTube and online video.4. Freelance writer:Freelance writing is any sort of writing assignment that you do for pay, outside of a staff position. You can meet client and write content for Web pages, Blog posts, Magazine articles, Newspaper articles etc many companies nowadays hire freelance writers for their business.5. SEO Expert:An SEO company offers search engine optimization services to businesses to help them improve their visibility online. Search engine optimization is the process of making changes to your website design and content to make your site more attractive to the search engines. If you are somebody who have an expertise in this area, then you are good to start a SEO Business.6. Hosting Paid Webinars:A webinar is an online event that is hosted by an organization/company and broadcast to a selected group of individuals through their computers via the Internet. A webinar allows a speaker from the hosting organization/company to share PowerPoint presentations, videos, web pages or other multimedia content with audiences that can be located anywhere. If you are someone with a good domain knowledge, then this is an exceptional business idea for you.7. App Development:Application development involves creating a computer program which performs different tasks that a business requires. Application helps businesses automate tedious process like calculating monthly expenses to scheduling sales reports, to increase efficiency. Many companies require this service so if you have the software skills you can make App development a profitable business.8. Affiliate Marketing:Affiliate marketing is the most profitable way to make money online. It is the oldest forms of digital marketing wherein you refer someone to any online product and when that person buys the product based on your recommendation, you receive a commission. You can start this business with very little investment.9. Products Sell on Facebook:Facebook has more than 2.3 billion monthly active users as of December 2018. Other than being a popular social networking website Facebook provides facility to make your own store or group online. If you have a product or service with some marketing knowledge you can sell it online on Facebook and make money out of it.10. Domain Flipping:Domain Flipping is the business of buying a domain at a lower cost and selling it at a profitable amount. It is a simple business which can lend you a lot of revenue without much effort.11. Sell Photos Online:There are many different websites to sell stock photography to be used further for making graphic designs or other resources. You can create portfolios of your images and earn money. There are many different websites to sell stock photography which can help you expand your business.12. Stock Market Trading:Stocks are a type of security that gives the investor a share of ownership in a company. Brokers buy and sell stocks through an exchange, charging a commission to do so. A broker is simply a person who is licensed to trade stocks through the exchange. A broker can be on the trading floor or can make trades by phone or electronically. This can be a profitable online business if you have good communication skills.13. Data Entry:Data entry is one of the easiest business idea where one can earn by adding data using the desired software hosted on a computer and its data entry operators who perform these tasks. The benefit of this business is that you can start this business with no previous experience.Profitable Business Ideas:1. Restaurant:You can start an eatery that serves food and drinks to customers in exchange for money. Meals are generally served and eaten on the premises, but many restaurants also offer take-out and food delivery services which is the need of the hour. This business requires a lot of planning and hard work. With a few skilled workers you can start this business at a medium investment from any organisation.2. Readymade Namkeen Breakfast Shop:Namkeens are easy Breakfast that can be had on the go. You can start a Readymade Namkeen Breakfast Shop across the street as people prefer readymade Namkeen and breakfast instead of cooking at home and it is an easy snack.3. Mobile Sales and Repair:Mobile phone business is growing exponentially. Your customers who buy phones from you ever need mobile repairing services, there are high chances that they will come to you to get their handsets repaired. Your mobile repairing business can be a highly profitable business venture if its run in a professional way. The best thing is that you can start this business with a very small investment and with little experience into the same.4. Package Drinking Water:Demand of packaged drinking water is growing exponentially in small towns and cities in India. This is an evergreen business and there is place for everyone who want to step into this opportunity. Investment required in this business depends on the size of the business and the clients you hold.5. Jewellery Production & sale:If fashion is an area where you thrive, and you have a talent for creating unique jewellery then you can start this business. You can build a name in the local market and ask for referrals from previous customers to excel in this business.6. Dairy:Milk and milk products are always in demand. All you need is a small shop and cold storage facility to run this business. You can serve milk, sweet and related products and establish a dairy business.7. Commercial and Industrial Machinery Equipment Rental:Offering commercial and industrial machinery and equipment on rent to various industries like construction, mining, transportation, and forestry machinery could be a profitable business idea. These firms generally do not own a store-front facility. As this heavy machinery are usually very costly, companies prefer renting them instead of buying. This business requires moderate investment, but the returns are high compared to other businesses.8. Travel Agency:A travel agency is a public service related to travel and tourism. You need to have a good communication skill to start this business. You can also operate from home and do not need to rent a place for starting this business. You can provide Air, Road and Railway travel tickets to start with. This business is in huge demand at metro cities.9. IT Hardware shop:Hardware shops provide hardware items building material, plumbing material, etc. to huge electrical materials. To start this business, you need to have the knowledge of the products. On average a good performing hardware makes a net profit of 10% on its daily sales.Big Investment Business Ideas:1. Textile Unit:The textile industry is currently contributing 2% to India’s GDP and 15% to the export earnings of the country. Opening a textile unit firm means to supply different types of fabrics for the fashion and apparel industry. The shop should be in an area where there is demand and the factory should be in an area that is well connected.2. Rice Mill:Rice Mill involves the post production of rice. the equipment and machinery will help remove the husk from the rice to make it edible. India is still the largest exporter of Rice in the world therefore this is a profitable business.3. Beer and Wine Making:In the last few years the wine industry was at a high-growth, $30 billion industry for both domestic and international wines. Therefore, starting your own beer and wine company is the diverse opportunity for business startups.4. Manufacturing Fabrication Plant:Metal fabrication is the creation of metal structures by cutting, bending, welding and assembling processes. It is a value-added process involving the creation of machines, parts, and structures from various raw materials. You need skill manpower and lot of machinery for this business.5. Crane and Lifting Service:Crane and Lifting Service deliver the right lifting equipment and service to match the customer needs. You need specialized maintenance services and spare parts for all types and makes of industrial cranes and hoists to start this business.6. Transportation services:To start a transportation business, you will need to decide which type of business you intend to create. The type of company you think of establishing should be determined based, among other things, on the need and competition in the area you decide to work in. You can start a taxi service, bike rental, or bus service as per your investment into the business.7. Car Parking Services:If you have a huge vacant area outdoor which you can use for business purpose you can start a Car Parking Services business. It is a recent concept as the number of cars on road are increasing.8. Petrol Pump & Gas Station:Gas stations offers various fuels to motorists including petrol, diesel and LPG and CNG gas. Petrol Pump is considered to be a very beneficial business. If you open petrol pumps at a decent place, you can make a lot of money.9. Marriage Halls:There are marriages and events happening every now and then in India. Which gives rise to the demand for Marriage Halls. If you own a property which can be converted into a big hall that can accommodate 800-1000 people, you can start this business and rent it to people looking for ceremonies, weddings, parties, etc.10. Luxurious Car Services:The sale of Luxurious Car has reduced because despite of the desire to buy such cars not many can afford it. The demand for Luxurious Car Services has increased in the market. In this business you need to purchase luxurious cars and lease them. People rent luxury cars for special occasions or making airport transport easier.11. Imported Furniture Store:According to data from The Retail Owners Institute, the gross profit margin for retail furniture stores has risen slightly from 43.8 percent in 2014 to 45 percent in 2018. For this business you can import furniture from China, UAE or other countries. You need a huge capital to start this business.12. Electronic Store:We are now living in the age of electronics. Electronics are tied into so many different aspects of our life. So, starting an electronic store is a profitable business but you need to have information about the products. The amount required to invest in this business may vary according to the products you provide.13. Art and Collection Shop:Professional artists can start their own art business. Starting an Art and Collection Shop requires a little business planning, a whole lot of marketing, and most importantly, the ability to create work that resonates with people.14. Video Conference and Board Room Services:With businesses operating more globally and at a faster pace than ever, there is increasing need to bring together remote participants using a variety of video services for conferences, training, or regular information-sharing sessions without the requirement for extensive travel. You can make business by providing digital solutions that enhance convenience, improve productivity, and save companies crucial time and money.15. Night Club:If you are a night person and love music and dance, you can make others groove by starting a night club. The investment is big as licence and good quality sound equipment are required to start this kind of the business.16. Poultry and Fisheries:Poultry and Fisheries has now become a popular rural enterprise in different states of the country. Apart from eggs and chicken, poultry also yields manure, which has high fertilizer value. This becomes an added profit for the business.17. Building Construction:A construction company is a capital-intensive business. You may need to rent or buy heavy equipment or purchase material in bulk. A solid business plan can outline your assets and make the case for your new construction company to access funding from investment sources. This is a business with high investments that can provide higher outcome.18. Solar Farm:Solar farms are replacing croplands that don’t generate enough income from traditional farming. Solar farms use solar panels to generate huge amount of renewable electricity that can be used by individual for commercial and residential purpose. Building a solar farm is a capital-intensive business but the Returns on Investment (ROI) are worth it in the long run.19. UPS Business:UPS business involves buying and selling of UPS. You can collaborate with major UPS Company like APC and sell their products to make business.20. Auto Modification Services:Custom car shops appeal to automotive enthusiasts who are in love with engineering and designing. This business is needed because of the large demand for vehicle customization. You need to have a creative mind to start this business.21. Chemical Unit:The chemical industry landscape has opened new doors of opportunities for chemical buyers and sellers. This business has a huge export potential and requires huge investment.Gold Ornament Shop: Starting your own Gold Ornament shop business is a great way to tap into the jewellery industry. A small jewellery store can be started for as little as $20,000. The cost may vary depending on your location.22. Printing Press:Our society is so much influenced by the printing press. Nowadays, running a printing press is a successful business. We can print books, newspapers, invitation cards, magazines, posters, flyers, pamphlets, envelopes, business cards, and stationery items. Operating a printing business requires a few specialized pieces of equipment, and can be operated as a home-based, storefront or online business.23. Peer 2 Peer Lending Business:P2P lending is a business where one lends money to individuals or small and moderate businesses through online services. To start a Peer 2 Peer Lending business, you need to open an investor account for starting this business. Though profitable, this business involves great risk.24. Internet Service provider:An Internet service provider (ISP) is a company that provides customers with Internet access. There is a huge demand for internet thus starting this business makes sense.25. Computer Class:If you have the knowledge of computer and can teach others the same, then you can start a Computer Class. All you need is a few computers and a space where you can set up your business.26. Hotel Business:Hotel business requires huge investment and manpower. To start this business, you need to buy or rent an establishment that provides lodging and, often times, meals and other services for travellers and other paying guests.27. Oxygen gas bottle:To start this business, you need to Invest in quality equipment, healthy supply of cylinders of liquid oxygen, compressed oxygen, and flow meters. You need to remember to maintain a safe, hygienic environment for your equipment at all times. You can own cash to cover start-up and operating expenses.28. Car Battery:If you are seriously thinking of launching a car battery business, get advice from someone who is already in the business. Every vehicle needs battery may it be a two-wheeler or a four-wheeler. Therefore, Car Battery business is a very good business idea29. Cement Business:India has a huge potential for infrastructural growth. When the future involves the development of 99 smart cities, you can expect a positive growth in the cement business. Opening a cement business can get you on the path to a secure financial future but it’s important to plan out the business in detail before you start.30. Spice or Masala Powder:Spices from India are going places, with exports on course to top $3 billion in the last few years. Spice Powder Making Business ensures a good return with low investment.31. Money Lender:Lenders are businesses or financial institutions that lend money, with the expectation that it will be paid back. The lender is paid interest on the loan as a cost of the loan. The higher the risk of not being paid back, the higher the interest rate. This business involves money therefore, you need to carefully lend money to people who can return the borrowed money with proper documentation.32. Nursery school:The demand for good nursery school is growing in the city. Now is the perfect time to consider opening a nursing school. To start this business, you need trained staff and huge space to start this business.33. Modelling Agency:If you are interested in representing fashion models, to work for the fashion industry then you should start a Modelling Agency. These agencies earn their income via commission, usually from the deal they make with the model and/or the head agency. The top agencies work with big-budget advertising agencies and fashion designers.34. Pathology Lab:Indian diagnostic market is growing at nearly 15-20% and is estimated to be currently worth 40,000 Cr. Setting up a pathological lab can be an extremely lucrative business idea.Retail Business Ideas:1. Grocery Store:Grocery stores sell food and other household items. Often called supermarkets, grocery stores are go-to sources for a home’s food needs. grocery shopping is an integral part of human life, and any such business that appeals to life sustenance is sure to become profitable if it is handled properly.2. Organic Food Store:Organic food store is another niche in the grocery business idea. To succeed in the organic food business, it is essential to have a proper plan on how to get authentic organic produce on a regular basis. Location is another very important thing to consider as you have to set up in an area where the people are health conscious and can afford the high price of organic produce.3. Hardware Store:A hardware store typically sells hand and power tools, building materials, plumbing supplies, cleaning products and much more. A hardware store has a lot of components to the business that require detail-oriented planning. You need to research and find a developing area to start this business for its success.4. Auto Spare Part Store:Auto Spare Part Store is a cash-intensive business. With substantial capital investment and strategic planning, you can initiate this type of store. Starting an Auto Parts store is a fulfilling way to make money.5. Stationary & Book Store:Stationery items are always in demand whether be it a school or corporate. The best place for running stationery and bookstore is always nearby school or corporate the chances of getting more business and good profit is very high. In this business investment is not much required and no special skills needed.6. Cosmetic Store:As people are now a days becoming more beauty conscious so the demand for the beauty products have increased than before. Ladies are always in search for cosmetic store. This business too needs very small investment.7. Leather & Perfume Shop:This is another form of small business in which you need to keep products like bags, belts, wallets and perfumes. These kinds of business are always an evergreen business with good product and small investment.8. Xerox Shop:Xerox Shop is a good business for making profits. A Xerox Shop is available in every locality. This itself proves the success of running Xerox Shop along with other products like bookbinding, lamination and small stationary items. The investment required too is low. The best location to start up this business set up would be schools, colleges, office etc.9. Beauty Salon:Beauty salon are now among the emerging business in the India. Beauty care segment is most likely carried out by ladies. This business demands some special skills related to skin care. The person carrying out this business should have undergone special training and courses related to skin care and have good knowledge of beauty products. Investment required for this small business start-up is very low or else you can even opt for a franchise for a good renown brand.10. Medical Diagnostic Center:Medical care is essential in today’s world. Day by day there are new disease effecting health of people, so timely health and medical check-up has become very important. With proper medical check-up and advance analysis, we can be safe from many prone diseases. The investment required for running this business is substantial.11. Photo Studio:Photo studio is a business which can be started up with very less investment. Business success depends upon the skills and ideas that you have in the photography line.12. Safety & Security Products Retail Business:In today world safety and security is all what one needs. So, the safety and security products in the market is always in good demand in the retails business. For starting this business, you need to have products like helmet, safety lockers, CCTV cameras etc.13. Herbal & Ayurveda Products Retail Business:Herbal and Ayurveda exist in India from a very long time. Ayurveda is a proven medicine for healing and curing diseases with no side effects. The herbal and Ayurveda medicine manufactures are now booming in the health segment. Especially after the entry of Patanjali into the industry. This is the right time to start up with herbal and Ayurveda products retails business with moderate investment and get better profits.14. Scrap Store:You can also earn profit from scrap store. In this business what you need to do is collect scrap like newspaper, plastic, and other discarded material.15. Gift Card Shop:You will find at least one gift shop in all locality. Today’s world is much excited for giving and accepting gifts. Gift shop also possess good amount of revenue. Gift shop business consist of business or personal giftings. Gift shop business require proper location and good collection of gift cards. Gift cards are used widely at every occasion.16. Optician Shop:You may have even noticed there would be at least one optician shop in all areas. Eyeglasses are mostly used by majority of people. Due to the constant climatic changes there are often eyesight issues caused to people of all age group. To start up with eyeglasses business you need to have sunglasses, contact lenses and different trendy frames for specks. Rate of the products depends on quality of the products and business location.17. Seasonal Business:Seasonal Business ideas are another form of business in India. This business start-up can be done with small investment. Your business depends on the seasonal and festive needs of the consumers like crackers, raincoat, woollen clothes etc.18. Utensil Shop:Utensil shopping business is a never-ending retail business idea. Requirements for starting this business is you need a suitable shop and inventory of steel items. A success of this business depends upon location of shop and quality of utensils.19. Foam Mattress:Thinking of starting own foam mattress business? Starting of manufacturing foam business is among small investments. You either can become trader or a manufacturer.20. Business Idea of Ice:Business of ice can be started up with a very low investment. Ice is a commodity frequently used by us in day to day for cooling.21. Tattoo Shop:Today generation is crazy for tattoo and ready for paying any amount for good designer and trendy tattoo collection with them. Tattoo business is among the upcoming business for earning good profit. Only thing you need to know is skills required for tattoo making or have skilled people for the same.Manufacturing Business Ideas:1. Honey making:Honey Manufacturing business is another form of small Business. Honey processing can be performed in two different process manual or automatic. Starting your honey manufacturing business is easy and convenient for people planning for small scale business.2. Manufacturing toys:Toy Manufacturing business is a top booming industry in the Indian business segment. Starting up a new Toy Manufacturing business is very profitable. Before setting up the business unit we need to have proper research on the prototype and raw material required for toy manufacturing. There are machineries available in the market by which you can produce ample number of toys and earn more profits. Toy Manufacturing business can be started up with a very low investment and then further expanded.3. Manufacturing of Plastic bottles:If you are looking for starting up your own business venture, currently there is a booming rise in the plastic products manufacturing business. Day by day the demand and supply for the plastic bottles are increasing. Before starting up with the manufacturing of plastic bottles you need to have proper knowledge and expertise in injection moulding and manufacturing. You also need to complete some legal formalities like getting up your legal documents ready, factory license number, GST number etc.4. Fertilizer Manufacturing:India is the third largest manufacturer of nitrogenous fertilizers in the globe. Fertilizer manufacturing business can be started with very low investment or high investment. If you are new to this business start with a small investment with compost fertilizer from waste items, and soon you understand the business expand your business.5. Water Filter and bottling Plant:Water filter and bottling plant is a commercial enterprise and one of the prime requirements now a days. The role of mineral water bottle plant is important for this industry and to the society. For setting up a business of water filter and bottling plant you need to have ample space and skilled manpower. The investment required for this business is very high.6. Furniture making:Furniture are an essential part of our daily life. Furniture business is also to be considered as a booming industry. Furniture always have its never-ending demand from schools, colleges, offices and homes. If you have ample of space with you and skilled workers to start furniture making.7. Production of Leather related items:Production of leather related items are always in huge demand in the market. Leather products such as bags, footwear and garments etc are some leather related items which have huge demand and are used in day to day living. If you get proper manpower you start up your business of production of leather related items.8. Electrical Fitting Production:Electricity has become a essential for our day to day living. We cannot even imagine a day without electricity. In today’s life there is a high demand for electrical fitting production in the market. But even though the investment required in this business is not so high as compared to others, with small investment to we can start up an electrical fitting production.9. Embroiderer:We will now next cover the details related to Embroiderer business. To start-up with this business you need to have a creative designing idea for embroidery. Creative designer Embroiderer can be done with low-end machine or by sophisticated tools. This is a lucrative business and can earn good margin.10. Carpet Making:The Carpet making business is among the creative business and is among the large business opportunity. Starting up a carpet making company with good creative mindset, would lead to a high profitable business. Before starting this business, you need to know the appropriate skill before starting the business.11. Ceramic Tile Maker:Ceramic Tile business is another profitable business as Tiles are required in every household. The investment required is high in this business.12. Kitchen Utensil maker:There is huge requirement of Kitchen Utensils in every house. Starting a Kitchen utensil business is a great idea in terms of the profit that it will give.Renting Business Ideas:1. ATM Space Rental:A commercial space always yields good profits. Renting your space to Bank ATM will yield fix monthly profits.2. Car/Bus Rental:Car rental business has grown since Ola & Uber came into existence. Buses are in huge demand for family functions, weddings, etc. Start a Car/Bus rental business with a business loan from Unsecured Business Loan, MSME Loan - Working Capital Finance3. Construction Equipment Rental:Real Estate Industry in India is booming day by day. Due to high cost, developers prefer getting construction equipment on rent. Starting this business will result in high profits every time.4. Fancy Dress Renting Business:Starting a Fancy-dress business is a low investment business idea as you need to buy dresses that fits kids as there is a huge requirement from school kids for school events. Start your fancy-dress renting business and earn handsomely.5. Decorator:Starting a Decorator business is always a great idea as every event requires decoration material, chairs, stage material, etc. Though the initial investment in this business is high, it will yield profit at every event as the same stuff will be used.There are many more such ideas wherein the investment required is low, but the profits can be significantly high. Such lucrative ideas mostly depend on your people and networking skills, knowledge in niche areas and latent demand for the same in the market. If you are bitten by the entrepreneurial bug, take the plunge today.