Isn’t it amazing that now you can work in more than one place? Job 1: work in the office; job 2: ghar pe aake, apna side business chalao. Sometimes, agar side business chal padi, toh you can leave the din ki naukri and make this your main job.
Let’s see how you can choose your side business - one that fits your personality:
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List your hobbies and skills
Make a list of things you enjoy doing. Do you have the skill to do what you like? For example, aajkal camerawaale phone most logo ke paas hai. Do you like to shoot pictures? Then start shooting, create a social media account and start posting your pictures.
Market ki kya maag hai
Conduct market research to see what businesses are in demand. Study your competition well. Now, see what you can offer that will be unique to you and is in demand.
Time hai? Get a clear idea of how much time you can spend on running this side business. In the beginning, choose a side business that allows you flexible working hours.
Calculate your prospective income
Research the current rates of your competition. Don’t go by competition kitna kamaa rahi hai. Remember, they have been around for much longer periods. Check how much money you have. By when can you tentatively start making profits? Agar jaldi profit nahi bane toh do you have funds to carry on? For how long? Think about it all.
Explore your network
This aspect is key in both, establishing and growing your business. Contact your friends and family members. Get in touch with your current and ex-coworkers and spread the word. Their suggestions can offer you important inputs for your side business.
Start small and test the waters
If you are a newcomer, it is always best to start small. The investment and loss will then be on a low scale. Try it out for a few months and see how you feel about the new business.
When picking a side business, check your abilities, interests, market demand, and personal circumstances. Check naye business mein kitna profit/loss ho sakta hai. After much thinking, start your business.
