If you want to stay in Kolkata and still prosper, here's a formula that I devised

If you want to stay in Kolkata and still prosper, here's a formula that I devised

A - Artist - The city is a thriving place for art in any form . A lot of respect also.

B - Babu's right hand - in promoter driven companies that this city's houses. This one person has unlimited power and money.

C - Coaching Factory. But of course, its a bit like Bollywood. The concept of survivorship bias will be very clear here. Winners take it all

D- Doctor - Even if you run an ethical practice, you can still make a lot of money

E - Entrepreneurship - Burrabazar, Metiabruz, Manglahaat, Park Street showrooms ( of course hyper competitive and you need to have some moat); IT Startups, Outsourcing startups

F- Fund-raising - either for the promoter as an employee or as a DSA (Direct Selling Agent). There is infinite appetite for money that you can raise from the bank.

G- Government owned Entities - The salary is same there as in any other metro city - and the Pay Commission will ensure you keep smiling forever. ( You only need to manage the politics of transfer)

H - Hotels & Restaurants - Of course - Corona crisis did take some wind out of its sails , but will remain evergreen - especially with the annual Bengal Means Business rituals, marriage reception demand etc

I - IT - Sector V is a thriving place. The occasional on-site means you can make additional dollars by getting per Diem and living a frugal lifestyle ( taking dal, atta, chawal from India )

J - Jewelers - Either as showroom or in Sonapatti - wholesale market

K - Knowledge Professionals - say Big 4, mid -sized advisory firms - work pressure may be high , Kolkata could be just a base location, but you grow well

L - Lawyers - This is a thriving profession here. Of course, you can always crib by comparing volumes with Delhi. But once your practice is set- either in civil or criminal , your life is set.

M - Marketing Offices of companies . There is one CA here also who draws a super salary as Regional Finance Controller.

N- ex. NRB ( Non Resident of Bengal). You will invariably fail to grow organically in job market of Kolkata. But spend a few years outside and come back straight as the super boss

O - Off-shore. Rentals are low . Attrition is low . This industry will thrive like crazy here.

P- Panditji - Religion is a super business here. Rudrabhishek, marriage, prescription of specific stones as per your horoscope - this practice will remain evergreen

Q - Quarantine Business - Sanitizers, Masks, et all ( your rates must be competitive though )

R - Real Estate - Only if you can manage the club politics . Sector is in doldrums now. But was the best way to park the black coloured notes and hence high demand

S - Sweets Shop - Cash sales, customers queue up for your products -sandesh, jalebi, singhara, club kachori,

T - Transportation - Evergreen business in the Posta and Krishna Cinema Belt. You have the entire North East, Nepal belt to service. Plus the lucrative Presumptive Taxation rates u/s 44AE. Dealing with the drivers is a nightmare though

U - Uber . If you can manage the drivers, you can invest in say 10-15 cars. However, with reduced incentives,

V - Vendor - if a corporate's Purchase Guys love you, you can supply any item and make millions

W-Warehousing. If you are rich, have ancestral property- you can convert it to a warehouse, lease it out to an Amazon or a Marico and just enjoy

X - Xerox shop - the ubiquotous one, although you cant match Sealdah rates

Y - YouTuber - Bong Guy 2.7 million subscribers , iT Creators - 4.68 million subscribers - Yours truly with 53k subscribers . More of timepass at initial stages unless you make it really big.

Z - Zoologist - Yes, its a hot career- becoming a Professor in this subject.

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