7 Ideas and Businesses that You can Earn with Starting Under 8000/- (or 100$)
7 Ideas and Businesses that You can Earn with Starting Under 8000/- (or 100$)
Have you ever thought of running your own business but stalled midway pleading that you require lakhs of rupees to start one up? Never mind, you are not alone. Most of us are able to relate to it. The fact is a big investment is not required to start out. Actually, you can start a small, yet profitable business using less than 8,000!
My friend who was a fellow college student used 3,000 Rupees (only) to begin a business of selling handmade soaps online. Enter a half a year later - she was earning so much that she could quit her part-time job! This is when I knew: big idea, some effort and correct attitude can take you far.
Therefore, when you want to get simple startup business ideas that cost below 8000 rupees, here are 7 feasible business ideas that anyone; even a first-timer can venture into.
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1. Do Digital Services Side Hustle (₹0- 3000)
~ To be a digital freelancer, you need to know the basic English language, be able to write, or comprehend the user interface of Canva, a free design app. Some of the services that you can offer include:
• Small business social media posts
• Easy graphics design
• Resume writing
• Blog/article writing
Type of work: virtual assistant
All you require is internet and a laptop and most of us have that. To find clients, one can use platforms, such as Fiverr, Upwork or even LinkedIn. First you may need to work at a lower price but when you have created trust you can easily scale up.
Cost Breakdown:
Canva Pro (optional): per month 499 rupees
Internet/phone bills: You already have it in your monthly bills
Pro tip: Create and free portfolio on Google drive or Notion.
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2. Homemade Food or Tiffin Service (₹2,000–₹5,000)
~Have you ever heard people say and talk about the fact that your food is delicious in contrast to restaurants? If yes, you already have a potential business. A tiffin service is a good idea owing to the fact that working people are always on the pursuit of clean, homemade food.
Start at your own doorstep and look out at the line of office-goers, students or the hostel near your place. You are able to advertise through whatsApp groups or local facebook page.
Cost Breakdown:
Basic raw materials: ₹2,000
Containers/packaging: ₹1,000–₹2,000
At local delivery: Use Dunzo/Swiggy Genie or an ask-a-delivery person
Personal Note: One of my neighbours makes more than 25000 rupees in a month, and she does it by supplying 10 of her regular clients with lunchboxes.
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3. Sell Handmade or Customised Products Online (₹3,000–₹8,000)
~So, in case you like DIY crafts, making jewellery, painting or embroidering, you can easily transform that into a business. You can attract customers on such platforms as Etsy, Amazon India, or Instagram and do not even have a physical store.
You can start with:
• Handmade candles or soaps
• Customised keychains or mugs
• Painted tote bags
• Personalised gifts
Cost Breakdown:
Raw materials: ₹3,000–₹5,000
Packaging: ₹500–₹1,000
₹500–₹1,000
Trick: Your Instagram page should be well-maintained and beautiful to look at, it is your online store window!
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