50 Business Ideas You Can Do With Little Or No Money

Why I Wrote This Book Millions of people that would have joined the millionaires club, are held back, always by one factor - lack of capital. About twenty years after I started my own business with less than One thousand Naira (N1,000), ($8), I speak from the vantage position of experience. The principles in this book have worked in my own life, both in business and ministry. That is the first reason why I wrote this book, the principles of starting business with little or no money works. I have been privileged to coach several thousands of small-scale business owners, civil servants, unemployed graduates and students since 1994. It has been my pleasure to see young millionaires emerge, after 5 to 6 years, starting with practically nothing but an ironclad determination to start where they are. These living witnesses are the second reason why I wrote this book. I have discovered that the hardest currency is not the Pound Sterling or American Dollar. The hardest currency is neither Euros nor Japanese Yen. The hardest currency is an IDEA, whose time has come. Every human mind plays host to at least 10,000 ideas daily. Some are good and some very bad. Motivational masters and social psychologists estimate that there are four major ideas, that greet every man yearly. Any of these ideas when developed, is capable of changing the economic story of the individual positively, forever. I have presented 50 business idea that ordinary folks like you and I can develop and change our economic fortunes forever. Trust me! I have developed one or two, and teach several of them to thousands of people in the last twenty years, since I discovered them. This is my number three reason for writing this book. I started my business on a small scale. I started with sharing an office space, because I could not afford a full month rent. By the grace of God, using the principles in this book, our business later occupied five offices. Two years later, we employed eight graduates. This book shows you how to start small, it also shows you how not to remain small. This is my fourth reason for writing this book. You will learn the power of initiative and daring.

A detailed look at 50 Profitable Businesses you can start today with little or no money. In todays economic climate, working for others can be a daunting experience with so many people losing their jobs. Take control of your own future and start a great business you can be proud of. All the businesses listed here are simple to get started and require no special skills and very little or no money to get started. An ideal book for the entrepreneur or someone wanting to be their own boss.

The small scale sector is assuming greater importance every day. Hundreds of thousands of people start their own businesses at home every year, and untold more dream about the possibility of becoming their own bosses. Starting a business at home is the best when you do not have enough funds. While entrepreneurship has its many potential rewards, it also carries unique challenges. Entrepreneurship is an act not a born tact, you need to understand the environment to set up an enterprise of your own. Making a choice of the right project is a difficult decision for an entrepreneur and is an imperative decision. In fact, before starting a business also one has to be thorough with the requirements of current line of industry. Above all taking advantage of various schemes provided by government and other financial institutions. For the reason that rest of the challenges for setting up, a business is based on the type of the product and fund to invest. Entrepreneurship helps in the development of nation. A successful entrepreneur not only creates employment for himself but for hundreds. Deciding on a right project can lead you to the road to success. This book gives you the opportunity of choosing a perfect business from 50 projects, which can be started with just 50,000. Some of the projects described in the book are book packager, desktop publisher, feature agency, editing, freelance artist or illustrator, freelance writing, proof reading, translator, business broker and so on. This book also includes some inspirational chapters for entrepreneurs for starting and running the business successfully for example; promotion from exceptional work, misers of time, art of advertising, keeping up with the times, art of winning peoples confidence and so on. This book is the most authentic and detailed book containing 21st century most profitable businesses. The writer has collected important data from many research reports renowned all over the world. In todays context the given businesses have tremendous future prospects. An entrepreneur with a petty amount of Rs. 50,000 can start any of businesses given in the present book. A must for all entrepreneurs, students, housewives, unemployed youth, libraries, consultants, schools, universities, education institutes, industries, information centres etc.

'Business Ideas you can turn into cash' brings you advice from experts in various fields who successfully started their own businesses, sometimes with little cash to begin with and, sometimes, even without an idea. Both ideas and cash can be generated if you have the enthusiasm to cash in on your abilities. You think you have no abilities? Many people who launched successful businesses thought so at first, until they learnt a way to systematically uncover their abilities. Once you know what these abilities are, you still have a long way to go, but you have made a beginning. This book will lead you systematically through - Various stages of generating great business ideas that you can exploit and turn into cash. Numerous real-life examples from India and abroad. Suggestions on what you can learn from them and how you can generate your own money-producing ideas.

Lead a life of adventure, meaning and purpose—and earn a good living. “Thoughtful, funny, and compulsively readable, this guide shows how ordinary people can build solid livings, with independence and purpose, on their own terms.”—Gretchen Rubin, author of the #1 New York Times bestseller The Happiness Project Still in his early thirties, Chris Guillebeau completed a tour of every country on earth and yet he’s never held a “real job” or earned a regular paycheck. Rather, he has a special genius for turning ideas into income, and he uses what he earns both to support his life of adventure and to give back. Chris identified 1,500 individuals who have built businesses earning $50,000 or more from a modest investment (in many cases, $100 or less), and focused on the 50 most intriguing case studies. In nearly all cases, people with no special skills discovered aspects of their personal passions that could be monetized, and were able to restructure their lives in ways that gave them greater freedom and fulfillment. Here, finally, distilled into one easy-to-use guide, are the most valuable lessons from those who’ve learned how to turn what they do into a gateway to self-fulfillment. It’s all about finding the intersection between your “expertise”—even if you don’t consider it such—and what other people will pay for. You don’t need an MBA, a business plan or even employees. All you need is a product or service that springs from what you love to do anyway, people willing to pay, and a way to get paid. Not content to talk in generalities, Chris tells you exactly how many dollars his group of unexpected entrepreneurs required to get their projects up and running; what these individuals did in the first weeks and months to generate significant cash; some of the key mistakes they made along the way, and the crucial insights that made the business stick. Among Chris’s key principles: If you’re good at one thing, you’re probably good at something else; never teach a man to fish—sell him the fish instead; and in the battle between planning and action, action wins. In ancient times, people who were dissatisfied with their lives dreamed of finding magic lamps, buried treasure, or streets paved with gold. Today, we know that it’s up to us to change our lives. And the best part is, if we change our own life, we can help others change theirs. This remarkable book will start you on your way.

If you want your startup to succeed, you need to understand why startups fail. “Whether you’re a first-time founder or looking to bring innovation into a corporate environment, Why Startups Fail is essential reading.”—Eric Ries, founder and CEO, LTSE, and New York Times bestselling author of The Lean Startup and The Startup Way Why do startups fail? That question caught Harvard Business School professor Tom Eisenmann by surprise when he realized he couldn’t answer it. So he launched a multiyear research project to find out. In Why Startups Fail, Eisenmann reveals his findings: six distinct patterns that account for the vast majority of startup failures. • Bad Bedfellows. Startup success is thought to rest largely on the founder’s talents and instincts. But the wrong team, investors, or partners can sink a venture just as quickly. • False Starts. In following the oft-cited advice to “fail fast” and to “launch before you’re ready,” founders risk wasting time and capital on the wrong solutions. • False Promises. Success with early adopters can be misleading and give founders unwarranted confidence to expand. • Speed Traps. Despite the pressure to “get big fast,” hypergrowth can spell disaster for even the most promising ventures. • Help Wanted. Rapidly scaling startups need lots of capital and talent, but they can make mistakes that leave them suddenly in short supply of both. • Cascading Miracles. Silicon Valley exhorts entrepreneurs to dream big. But the bigger the vision, the more things that can go wrong. Drawing on fascinating stories of ventures that failed to fulfill their early promise—from a home-furnishings retailer to a concierge dog-walking service, from a dating app to the inventor of a sophisticated social robot, from a fashion brand to a startup deploying a vast network of charging stations for electric vehicles—Eisenmann offers frameworks for detecting when a venture is vulnerable to these patterns, along with a wealth of strategies and tactics for avoiding them. A must-read for founders at any stage of their entrepreneurial journey, Why Startups Fail is not merely a guide to preventing failure but also a roadmap charting the path to startup success.

50 Simple Business Ideas to Make Money is a guide for entrepreneurs in the informal sector who wish to make an extra few thousand a month. This book guides the reader to create a second stream of income. It is also very helpful for the unemployed person who wishes to create an informal business, which will put food on the table and pay the bills.

The first step to initiate planning is to identify a suitable project. To start your own venture you have to decide on many things. Making a choice of the right project is a difficult decision for an entrepreneur and is an imperative decision. There are no set rules to identify a suitable project, though this is one decision on which the success of your entire venture hinges. So, don’t take hasty decisions. Most prospective entrepreneurs tend to display the herd tendency and go for a project, which people have already ventured into. This is not a healthy attitude as success of one in a particular field does not guarantee success of the other. While identifying a suitable project, you should make a SWOT analysis of your own strengths and weaknesses. Startup India Stand up Our Prime Minister unveiled a 19-point action plan for start-up enterprises in India. Highlighting the importance of the Standup India Scheme, Hon’ble Prime minister said that the job seeker has to become a job creator. Prime Minister announced that the initiative envisages loans to at least two aspiring entrepreneurs from the Scheduled Castes, Scheduled Tribes, and Women categories. It was also announced that the loan shall be in the ten lakh to one crore rupee range. A startup India hub will be created as a single point of contact for the entire startup ecosystem to enable knowledge exchange and access to funding. Startup India campaign is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship and encourage startups with jobs creation. Startup India is a flagship initiative of the Government of India, intended to build a strong ecosystem for nurturing innovation and Startups in the country. This will drive sustainable economic growth and generate large scale employment opportunities. The Government, through this initiative aims to empower Startups to grow through innovation and design. What is Startup India offering to the Entrepreneurs? Stand up India backed up by Department of Financial Services (DFS) intents to bring up Women and SC/ST entrepreneurs. They have planned to support 2.5 lakh borrowers with Bank loans (with at least 2 borrowers in both the category per branch) which can be returned up to seven years. PM announced that “There will be no income tax on startups’ profits for three years” PM plans to reduce the involvement of state government in the startups so that entrepreneurs can enjoy freedom. No tax would be charged on any startup up to three years from the day of its establishment once it has been approved by Incubator. The next step, after you have selected your project, is to collect all information about it. The most important information is about the potential market of the items you selected. This book aims at providing a thorough understanding and analysis of the 5o highly profitable industrial projects that you can start. It describes formulae, properties, raw materials used and manufacturing processes of different products. Undoubtedly, this book is a gateway leading you to become your own boss. The important projects described in the book are Linear Alkyl Benzene, Soy Flour & Milk Processing, Urea Formaldehyde Resin Adhesive, Toothpaste Production, Gypsum Board, Surgical Absorbent Cotton, Starch Derivatives Production, Wet – blue leather, PVC paste Resin, Saccharin, Sodium Chlorite, Phosphate Fertilizer, Tomato Paste, Paint, Autoclaved Aerated Concrete (AAC Blocks), Carbon Black, Caffeine, Sodium hydrosulfite, Magnesium Sulphate (Fertiliser Grade), TMT Bar, Glass Fibre, Plastic (P.V.C.) Laminated Collapsible Tubes, Complex fertilizers, Copper Powder By Electrolysis Process, Atomized Metal powder, Electro Plating, Activated Carbon from Wood, Rubber Powder from Waste Tyres, Precipitated Calcium Carbonate, PVC Flex Banner Production, Reclamation of Used Engine Oil, Edible Corn Oil, Malt Production, Ethyl Oleate, Wheat Flour Mill, Instant Noodles, Zinc, Castor Oil & Pomace, Garlic Oil and Powder, Silica from Rice Husk, Thermocol Cups, Glass and Plates, Match Box (Automatic Plant), Camphor, LDPE/LLDPE Pouch Films, E-waste recycling, Cattle Feed, Saw Pipe, Polyethylene Wax, Disposable Plastic Syringes, Cement. It will be a standard reference book for professionals and use by everyone who wants to startup as entrepreneur. 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