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Old 29th July 2013, 03:02 PM   #1
BusinessFreak
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Join Date: Jul 2013
Posts: 7
Default Need Some Insights Please....

Hi Everyone,
*
I need some insights to understand and determine next steps on a thought that has engulfed my mind for quite some time now…

Currently, I’m employed with a great organization and doing decently. However, in the *long run say 4-5 years from now I would prefer to have a business of my own rather than doing a job, and so wanted to start-up something ASAP to build the base. Perhaps I’m not making sense, but yes, that’s what I want to do set-up my own business.

So here’s what I want to do….
*
Carry on with my job for the next 4-5 years, but simultaneously set-up a business that I can for the moment do as part time
Once in the next 4-5 years (and if) it gets established, and can at least provide me with returns with which I can sustain my livelihood quit the job, and run my business full time

As you would have correctly understood, I cannot quit my job right away.

Is there any idea that someone can help me with…
*
Time that can be devoted: 3-4-hours max daily
Capital available at this stage: 5 lacs
Location: India, Delhi (NCR)
No office / commercial space

Look forward *to your assistance!

Regards,

BusinessFreak

PS: My first post, hope It makes sense.

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Old 2nd August 2013, 02:07 PM   #2
BusinessFreak
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Join Date: Jul 2013
Posts: 7
Default

Quote:
Originally Posted by BusinessFreak View Post
Hi Everyone,
*
I need some insights to understand and determine next steps on a thought that has engulfed my mind for quite some time now…

Currently, I’m employed with a great organization and doing decently. However, in the *long run say 4-5 years from now I would prefer to have a business of my own rather than doing a job, and so wanted to start-up something ASAP to build the base. Perhaps I’m not making sense, but yes, that’s what I want to do set-up my own business.

So here’s what I want to do….
*
Carry on with my job for the next 4-5 years, but simultaneously set-up a business that I can for the moment do as part time
Once in the next 4-5 years (and if) it gets established, and can at least provide me with returns with which I can sustain my livelihood quit the job, and run my business full time

As you would have correctly understood, I cannot quit my job right away.

Is there any idea that someone can help me with…
*
Time that can be devoted: 3-4-hours max daily
Capital available at this stage: 5 lacs
Location: India, Delhi (NCR)
No office / commercial space

Look forward *to your assistance!

Regards,

BusinessFreak

PS: My first post, hope It makes sense.

Hi All,

Could someone please shed some light on this....

Thanks.
BusinessFreak

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Old 3rd August 2013, 01:41 AM   #3
Punit
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Join Date: Jun 2012
Posts: 23
Lightbulb

Dear Friend,

Keeping in mind that you want to setup something without quitting your job & capital of 5 lac,

Here is what we can do:

You may buy small scale machinery & let any of your trusted person operate it.
If you have younger brother or a close friend who would be interested in this let him start working out.

Important is, you need to have orders when you have machinery in hand, hence you need to be a good marketer or hire a small yet effective seo firm.

In the initial stage you will have to devote little more time setting this up, but once its done you will enjoy dual income for sure.

Wish you the best.

Thanks!!

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Old 6th August 2013, 02:50 PM   #4
BusinessFreak
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Join Date: Jul 2013
Posts: 7
Default

Thanks Punit!

Experts - may I seek some more inputs / ideas please?

Thanks and regards,

BusinessFreak

BusinessFreak is offline   Reply With Quote
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