Thinking of starting a startup? These can be attractive business ideas

When we think about any trade/business, it seems like it has already happened. As time changes, new inventions/technologies become outdated. It means that such new inventions are only new for a while.

Another thing, business that is old in a particular place, may be new for other places. Similarly, if the old business can be done in a new way, the results can be good.

In fact, life is the art of making the most of opportunities, trying new things, having fun, making mistakes and learning new lessons from mistakes. In this way, if you can solve the challenges and problems faced by yourself or the society, you can be successful.

New ideas are not the only thing needed to start a startup. Along with addressing the problems or needs of the common people, the entrepreneur should also be financially strong.

The startup is helping to create self-employment as well as work independently.

Today, we are discussing about such startups, which not only make new entrepreneurs financially strong, but also address the problems or convenience of the common people.

Create online content of educational materials or activities

The covid epidemic has introduced online or virtual media around the world. Most of the parents these days don't get to spend that much time with their children. Especially, there is no time to do homework on what is taught in school.

In such a situation, entrepreneurs who are looking for new startup ideas can prepare children-centric software.

The software should include content that helps children with homework and other creative activities.

Food business

Everything is going online in the country. Any food will arrive at the place we say within a short time of ordering. However, it can be seen only in major cities of the country.

Whatever we have ordered can be obtained online in no time.

There are many startups that provide online delivery. Now all you have to do is to prepare food with calories and diet according to people's needs.

Living in the city and unhealthy food is having a negative impact on the health of many people. In such a situation, it seems that a startup that focuses on health and provides food with the diet and calories they demand will be successful.

The business of drop shipping

One of the attractive business models of e-commerce business is drop shipping. People who want to do drop shipping can earn good income by working as a third party.

Since it is not so easy to get it from international e-commerce sites in Nepal, drop shippers can easily make it and earn good income.

Local guide

Google's Local Guide option is perfect if you can give a good or even decent response to any place around you.

It is not necessarily that you can earn money immediately after becoming a Google local guide. You can earn good income indirectly from this.

If you have contributed by being a Google Local Guide, Google is giving you ratings and views, so that more people can see the comments you write and the photos you post.

As people start getting good engagement with your photos and comments, you will start getting advertising opportunities from different companies.

In this way, you can earn good income from your advertisement.

Similarly, you can create a website with various information about your place. You can earn from that website in various ways.

Grocery delivery service

We are seeing the delivery service of various materials. We may be using it for some services.

We have not seen a startup focused only on grocery delivery in Nepal's cities. If a delivery system focused on grocery items can be introduced, it can find a good market.

Letter writing software

Although letters are not in vogue like in the old days, now a days new model letters are needed in various offices.

If you can create a site where you can create a letter that is needed when applying for a job and a resume focused on Nepali students and employees, it is likely to get a good market.

You can earn from various advertisements by creating a website or application that creates Nepali letters.

Become a social media influencer

Recently, the use of social media is increasing rapidly. You can become a social media influencer by providing information about what interests you through social media.

Although you can't earn money directly from social media, you can earn by showing different ads, or by charging some fee for teaching something new.

Become a market consultant

Digital marketing has good potential in present time. Through digital marketing, any small or big business can reach the customers they are looking for and promote their products.

In this, good income can be made especially by providing information about SEO (Search Engine Optimization), business information from social networks and information related to copyright.

Develop an application

There is also a good market for startups that develop mobile apps for various companies. As everything is digitized, merchants can easily manage their business through apps and websites do not want For that they need an application.

If you have technical skills in app development, you can earn a lucrative income by developing apps for others. This business is sustainable because the customer who sold the app has to do the maintenance.

Prepare a smart device

Most of the smart devices in Nepal are imported from different countries. If we can manufacture the electrical equipment needed for the Nepali market, it can get a good market.

If it is possible to prepare electronic equipment according to the budget of the average Nepali, such a startup will have a good impact on the market.

So how to choose a suitable startup idea?

A startup must be new, it does not mean that no one has done it. If any work can be done in a new way, it can also be considered as a startup.

Let's say we have one such startup which is able to solve common people's problems. However, if the start-up was financially beyond the reach of the average person, it would not make much sense.

If another person does the same job but at a lower fee or according to the average citizen's budget, then he gets a better market. So it is not just a new job. It is a company that can bring the existing business to the reach of everyone.

Before starting any startup, it requires thorough study, research and research. So, first of all, you should consider whether you can start the startup that you have planned or not.

After that, you have to make a plan in advance about what challenges will come up and how to solve them. Any startup needs a suitable business idea to sustain it.

You have to spend the most time on this aspect. It is necessary to emphasize on the business idea to keep the startup sustainable.

Its business project can include company goals, sales plans, market analysis and financial cost estimates. For financial support, you can take startup loans, grants from various organizations.

Similarly, various companies and individuals are looking to invest in startups. For that, you can participate in various programs organized for such startups.

Startups need a good team. If you can find a partner who matches your level and ideas, you can move the startup forward together. There are examples of startups failing without a competent team.