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T H E H I N D U O P P O R T U N I T I E S A Guide to Better Positions and Better Performance Wednesday, January 29, 2003 |
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FOCUS Business ideas that can make you hmmm...
IT'S the great western dream - becoming a millionaire overnight!
And it happens in America everyday - or so we think! And the
fever is catching on in India. People are experimenting and
taking risks that sometimes pay off. At times in a big way, at
others not.
But importantly, what most unique business ideas require is the
right gestation period, timing, market scenario, marketing, and
planning to take off on a successful start. As S. Merugu, a
knowledge analyst believes, `An innovative business initiative is
one, which addresses an obvious need in the market, but has no
precedent.' In short, the idea should be viable. Initially, stick
to a few tested ideas. They may not help you mint millions in a
microsecond but can trigger a few good ideas of your own and help
you make a few thousands in the bargain!
The mail-order business
From mail-order flowers to mail-order brides, mail-order web
services are the most popular web business that has survived the
brunt of the dotcom bust.
These are websites that offer people the ease of service and
delivery. Everything from grocery shopping, to cosmetics can be
ordered through such sites. For those interested in creating
websites and webmastering, this can be a good start-up point.
All you need is the spirit of entrepreneurship, some tech and
design skills, business acumen and the ability to sustain the
business.
An invitation to success
Designer invites are in. With so many weddings, award functions
and parties happening, the need for attractive invitations has
gone up. People have the money to spare, and the interest and the
desire to make these dos a success.
The traditional `nimantran patra' has evolved to new dimensions,
making card makers with the right designs an `in' lot.
All you need do to is take up a course in printing technology,
supplemented with DTP and screen-printing courses. You're ready
to start your own set up.
Help!
... is exactly what most employed folk these days are crying out for.
They are short on time, energy and house help. House-help being
the key word here. Fortunately, there are firms that offer these
services too.
Contractual help is becoming a popular service sector and there's
money to be made in it if the business is managed well.
These services sometimes even extend to provision shopping, and
payment of bills.
So all you need are good people skills, to be a good judge of
people, and have excellent time management skills.
Corporate gifting
Corporate gifting has been a global tradition that dates back to
the time of royalty. Only now, it has assumed a more professional
touch and feel.
If not done with the right amount of care and taste, your
corporate gift could well be misunderstood for a bribe.
Fortunately, business establishments can now outsource their
corporate gifting to companies that specialise in it.
There are firms that pick and choose, wrap and deliver your
corporate gifts for you! Of course these services come at an
attractive price. If you're a shopoholic whose choice of gifts is
appreciated, you could give this idea a try.
Mannequin on the move
Retail fashion is a hot topic these days.
So is window dressing. Window dressers are professionals who
dress store windows.
Window dressing is a neat marketing tactic to attract customers
and increase revenue. A niche service, there are not many window
dressers in India. Rather an off-beat business proposition, those
with a creative bent, oodles of patience, awareness of the market
pulse and the right marketing skills can take a go at it.
Food sells
The hassle, boredom and routine of having to pack lunch everyday
is driving most office goers to the nearest mealtime food vendor.
On the lines of the Mumbai dabba walas, these are caterers who
sell packaged lunches at highly reasonable rates.
They can be found near offices and popular business
establishments. Neatly packaged, hygienically prepared, these
food vendors are a big hit.
So, if you love dishing out mouth-watering delicacies, consider
this option.
There's enough room for everyone in this business. After all,
variety is the spice of life!
Small ideas good money
One of my aunts was bored of being a stay-at-home mom. Restless
and full of beans, she started experimenting by making beautiful
embroidered outfits for her daughter.
Her work was appreciated and she soon started churning out design
after magnificent design on a professional basis.
If you share a passion that is similar, you can consider
freelancing your services. Like an intermediate student who had a
knack for freehand mehendi sketching did.
She now does bridal mehendi designs for a fee. The advantages -
flexi time and you are your own boss.
Resume working
Another unique business proposition is to become a professional
resume writer.
Of course, you need to be skilled at it. You must be up-to-date
with the latest trends in resume writing, and have good written
language and editing capabilities. You can also team this with
additional services such as career counselling or guidance
services.
So, what are you waiting for? Pick up a skill and polish it to a
fine shine, then market it and make money!
SAMYUKTA KODA
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