Tag: #entrepreneurlife

Start your own business – Part 1

During the lockdown, most of us lost our jobs and most of us got less paid than our actual wages due to the unpredictable economic statics and decrease percentage. So, everyone started to realize one passive income is not sufficient to run our lifestyle, especially in this pandemic situation. We always need two carriers to make money and satisfy our life needs.

  • One is PROFESSION
  • Another one is PASSION


A profession is something that you don’t hate but you do that to move on in day-to-day life. And passion is something that you love to do and doing that without any expectations. Nowadays nothing is free except viruses. So, even though if you love your passion as much as you even don’t give a second thought to get money out of it. You have to change that pessimistic mentality. Everything is an opportunity to improve both sides. That’s called Win and win solution. If you are teaching something he is earning knowledge and you are earning your deeds as money. So, how one can begin a start-up business? We are going to look at the most possible works to do without a large sum of investment. But, still get some side income from them. You don’t need to find a location or giant machines or decorating them etc… All you need is essential types of equipment for the idea in your mind and some Magic in your hands to achieve your destination. You can work from your home and sell them on Social Media like amazon, Instagram or you can even create your own website to place your products at one point.

Costume designing:

Costume designing is the best way to make a good profit out of essentials. All you need is an innovative mind, designing knowledge, fabrics, and sewing machine. And some customers must have their own ideas about their idea costumes. So, you can even customize your orders according to your customers. And trust me customizing optional website are countable in India. But people require customizing costume designers. You can do costumes like scarfs, veils, hats, dresses and innovative fashion and eligant costumes. Especially, people will roll over the red carpet for you if you sell them at affordable ranges.

Skincare products Making:

Skincare making is the Bestest economical friendly business. It doesn’t need higher investments but still, you can get a good profit if your products are reasonable and if you have magic in your hands to treat someone’s skin problem.

Nowadays skin problems are common to every human. If getting rid of the skin problems are one side. But, choosing a product to give a try is something everyone confuses. You can do skin products to the people’s according to the type of skin. People will celebrate you once they get visible changes. And people love natural ingredients without side effects keep it noted. There is a huge demand for good home-made products like hair oils, hair wash powders, soaps, cleansers, face packs, serums, etc.,

Some extra amount is something that no one will say no to. We will enroot many passionate start-up businesses like this in our upcoming articles. So, it’s time to switch our passion into action.

ENTREPRENEURSHIP

“Entrepreneurship is an activity that entails putting one’s own resources at risk in order to start a business or produce something with a commercial purpose.”
The act of starting a firm in order to make a profit is the basic definition of entrepreneurship. In today’s society, however, entrepreneurship has expanded to include the act of changing the world by solving large-scale problems. With the introduction of the internet, entrepreneurship now has the ability to effect social change by developing a service or product that has a good influence on individuals and addresses societal concerns with innovative solutions.
Entrepreneurship including land, labour, natural resources, and capital can yield a profit in economics. The entrepreneurial mindset is characterized by exploration and risk-taking, and it is an essential component of a country’s ability to compete in an ever-changing and increasingly competitive global marketplace.

What is an entrepreneur?

An entrepreneur is a person who starts a new firm, taking on the most of the risks and reaping the majority of the benefits. The entrepreneur is often thought of as a creator of new ideas, products, services, and business or methods. The entrepreneurs on this list hail from all over the world (from the United States to Europe to Asia) and operate in a wide range of fields (HR, digital, health, finance, entertainment, art, design, and so on), but they all have one thing in common: a passion for what they do.
Small or home-based businesses to global corporations are all types of businesses. An entrepreneur’s earnings are made through a combination of land, natural resources, labour, and capital, according to economic theory. In a word, an entrepreneur is someone who has the desire and determination to start a new business and is willing to take on all of the risks that come with it.

Characteristics of Entrepreneurship:

1.Self-motivation: One of the most important attributes of entrepreneurs is their ability to motivate themselves. Even if you don’t have an immediate source of revenue, you must stick to your plan and keep moving forward.

2.Job Creation: Entrepreneurship leads to the creation of jobs. It offers an entry-level role, which allows unskilled workers to gain experience and training.
3.Increased Standard of Living: Entrepreneurship helps to raise a person’s standard of living by raising his or her income. The term “standard of living” refers to a growth in a household’s consumption of various products and services through time.
4.Risk Bearing: The essence of entrepreneurship is the willingness to take risks, without which one cannot thrive. It occurs as a result of the development and implementation of new concepts. Because such ideas are sometimes speculative, the outcome may or may not be favourable and immediate.
5.Encourages research and development: Before introducing a new product or service, it must be thoroughly investigated and tested. As a result, entrepreneurship helps universities and research institutes to support research and development. This encourages economic growth, research, and development.
6.Be enthusiastic about your work: At the end of the day, successful entrepreneurs are driven by their passion. They are passionate about their product, service, or mission. When you’re feeling down, passion will help you discover inspiration and propel you forward. To keep going forward with your self-employment ideas, you’ll need passion.