Each business succeeds when it address a need or help overcome a challenge.

Every successful business revolves around a core idea, which is unique, innovative and scalable. Although several factors determine the success of each business, like hard work, investment, team, etc., it is the core validated idea that really matters.

With the changing lifestyle, technology adoption and increasing demand for products & services, new business opportunities are emerging every day. These opportunities can be exploited to build successful businesses, if only we kept tabs on the trends, advancements and developments.

A phenomenal rise in innovation in ecommerce, personalized service linked applications and regional language applications, was witnessed in 2018. With an encouraging investment scenario, an idea that is viable, scalable can disrupt the sector.

As 2019 dawned, we at Capstone Consulting constituted a team to analyze scenarios and identify and validate entrepreneurship opportunities that can be successful with a minimum of investment. The team was also tasked to prepare the framework for supporting interested entrepreneurs to start up, to work with them and grow their businesses. This has been completed successfully and we are happy to present to you a few of the ideas here.

1.     Ecommerce management Services – Ecommerce has become an essential for all brick and mortar businesses. By selling their products online, they now exercise an option to enhance market reach, reach out to clients from outside their service area, reduce warehousing & inventory costs. However, these businessmen have several core tasks to take care of and cannot spend time on managing their Ecommerce initiative.

Thus, the pain point & opportunity is a business that will manage the E-commerce channel for Brick & Mortar Business. The services will include providing an Ecommerce platform for new entrants, promoting their establishment & products online, uploading and updating product inventory, managing other technical aspects, such as product descriptions, product photography etc. The core business is managing all this for Brick & Mortar businesses.

To get started, all you have to do is setup a team of internet savvy people, look for some clients, and kick start your operations. You can keep scaling your business and keep adding new clients, leading to an absolutely scalable and successful business.

Capstone Support: Ecommerce Platform | guidance / technology / process knowledge transfer etc., at each stage.

2.     Counselling & Emotional Wellbeing Services

With the need for counselling and wellbeing services being highlighted, with mental and emotional wellbeing of our people finding an equal prominence with physical wellbeing, professional counselling and guidance services is gaining prominence in India. Schools, Colleges & Work Places have now been advised to have a full time counsellor.

However the challenge is the availability of qualified and experienced counselling psychologists, forcing this responsibility of providing service, to the shoulders of non-counselling professionals, who have just been oriented or with a brief training.

Exploiting technology can enable the connect between certified counsellors and the clients, by leveraging the video streaming technology.

All you have to do is license the video streaming technology, connect the counsellors with clients. As you add both to the system, the business is a scalable and successful option.

Capstone Support: Provide the Online Counselling Platform, help you connect with counsellors and support your initiative at each stage.

3.     Youtuber / Vlogger - India’s internet user growth is tremendous. According to some statistics, India added 10 Million new active internet users every month from India in the year 2018. Also, 9 out of 10 new users prefer to interact in their regional languages on the internet.

YouTube has more than 225 Mn active users from India. A major chunk of India’s internet users are watching video platforms such as YouTube, TikTok, Vigo Video, Facebook etc. The best part is, you can contribute your videos in your regional language, be it Hindi, Malayalam, Telugu, Tamil, Punjabi, Bengali and what not.

If you have a certain skill like painting, DIY, cooking, Makeup, Fashion, technology, you can start doing tutorials. If you think you are good at humor, you can start a humor channel, and in fact, Vlogging is also very popular on YouTube. You can just pick up a camera and show around in your city, your home and your everyday life. People on the internet are now seeking to stay connected more than anything else.

There is absolutely no entry barrier, and no special requirement to start a YouTube channel. You just need a phone camera and working internet.

Capstone Support: Initiate engagement with video media, create a value proposition, whatever be your interest, provide orientation & training to exploit the online video medium to the maximum extent possible, with revenue from advertisements.

4.     Home Cooked Boxed Meal Business - With the advent of abundant food delivery apps, it has become feasible to start a low-cost food business.

Find out if the area you reside in, has a good scope for a tiffin provider or not. If there are many people who look for home cooked food on a regular basis, you can start a tiffin services business.

You can even start it from your kitchen, by yourself or just hire 1 cook to start with. You could also aggregate likeminded people like you and integrate them in to comprehensive business.

Start taking orders online, or through pamphlets, newspaper inserts etc. Once your orders grow, you can scale your operations simultaneously. Just take care of the food quality, and don’t forget to procure a FSSAI license for small businesses, so that your business doesn’t land into any trouble.

Capstone Support: will support you in getting started, obtaining requisite permissions and approval, aligning with food delivery apps, aggregating likeminded people in your region and supporting you with technology to manage your business.

5.     Virtual Assistant Services - Hundreds of Thousands of entrepreneurs, senior managers, businessmen all over the world cannot find time in their schedules to manage tasks that are not under their core competencies.

These people look for virtual assistants online who can work on per hour basis to accomplish these tasks for them. This business does sound like it is not that high paying, however it can be if you find work on freelance websites such as upwork or remote jobs.

You will find clients from all over the world, including USA, Canada, Australia and other countries where the currency value is higher and they will pay on hourly basis for your work.

This can also be done part-time. You can scale the number of clients that you have and hire a team to accomplish all the projects.

Capstone Support: Platform to provide online services, help you in designing and implementing client specific social media campaigns, assist you in starting up and scaling your business.

These are just a few ideas that we are introducing below, from over 30 validated and viable business opportunities. Our team offers you its services, assuring you an end to end support and guidance, to successfully start up and operate your business.

Interested ?

Connect with us at [email protected]

We assure you the best of our services at all times.