Top 4 Business Ideas In 2023 | Hidden Secrets
Top 4 Business Ideas for 2023 | Hidden Secrets
Top 4 Business Ideas for 2023 | Hidden Secrets
A job can fulfill needs, but it can never fulfill dreams. Only a businessman can become rich. After thinking about all these things, you decide that, no matter what, you want to do business. After investing all your savings and borrowing from family, relatives, and friends, you collect an amount of $8–10 lakh and start a business with it. And even after investing so much money, if that business fails and there are no results after working hard day and night, even after investing so much money, if you are compelled to wonder if this is the right business or industry, how would you feel? According to data, 90% of the people who start businesses face this problem.
They fail miserably. Approximately 1,67,076 new startups have been created this year. Today, before starting any business or investing in any sector, every person is afraid of the failure of the business. What if there is a slowdown in it? What if all the money is lost? But what if I told you there were certain business ideas that you would be able to easily make successful and profitable? Especially in the coming year, 2023. How about getting a foolproof plan along with the case studies of the people who already did this in the same industry? How about getting to know certain business ideas that can never stop running? The business is evergreen and will continue to run, for sure. So, are you ready? Amazon This company made its start in India in June 2013.
And in a few years, it started doing business worth thousands of crores. According to recent reports, in the financial year 2022, Amazon did business worth Rs 21,462 crore in India alone. Flipkart Started in India in October 2007 from Bangalore. And it currently does business worth around Rs 50,000 crore per year. Similarly, Swingy started in 2014. And by 2022, it will have become a company worth 10 billion dollars, which is approximately 80,000 crore rupees. If we talk about Pepto or Rapido, Dunzo, Grocers, or Delivery. All of these companies have started relatively recently, but they have grown at supersonic speed. And are now doing business worth thousands of crores every year. What do all these companies do? If we observe closely, almost all these companies take a product and deliver it from one place to another. And for this, they charge certain commissions.
Just think, are they delivering their own products? Have they produced those products by themselves? No. Earlier too, these products were present in the market, and customers like us were also there. These companies created a platform that solved the problems of sellers and buyers. Marketing became easy for sellers, and the hassle reduced for buyers. Going out of the house, shopping in the crowd, bargaining, wasting time—all these problems finally came to an end. The first name that will come to your mind will be Zomato. A person who will bring food for you from one place to another. This too is an indirect transportation business. Earlier, we had to use our personal vehicle or public transport to go somewhere. But today, the first thing we think of is Ola, Uber, or Rapido. A lot of such platforms are available at the present time. Which deliver things from one place to another and are in the transportation business, either directly or indirectly.
So, you too can think of doing something big in this industry. Start doing a little brainstorming and see how you can make profits by investing in this industry. Every Indian wishes for their children to receive a good education and to progress in life. And for this, they spend their entire lives, along with money, to give a good education to their children. So, if you are also interested in the teaching sector, or if you can directly or indirectly help children achieve growth, then you should definitely invest in the education sector. Udemy started in 2010, and it has become a company worth 4 billion dollars. Biju's started in 2011 and became a company worth $16.5 billion in 2018. Unacademic started in 2015. And by 2020, it had become a company worth 3.4 billion dollars. Similarly, there are 'n' number of start-ups in the education sector, like Skillshare, Coursera, Eruditus, and UpGrad. All these companies have been around for 5–10 years, and they are among the top companies in the education sector.
Like you can open a school, a college, or start a coaching business. The education sector is not limited to only formal education. This sector is not just about science, math, or accounting. Even if you are a good video editor, you can start teaching that. If you know how to play the guitar well or can trade well in the stock market, from knitting a sweater to operating a rocket, if you have any skill, you can teach it to other people by opening an offline institute of your own or through online social media. If I talk about myself, I started my company, IDigitalPreneur, in December 2020. In the almost 2-year period since we started teaching people high-paying skills and how to monetize them, as well as how to establish a business from scratch, we have taken its valuation to more than 100 crores. This clearly shows that there is a huge scope for growth in the education sector. And you must think about investing in it. Yes, it is true that 90% of businesses fail. The biggest reason behind it is that, without any skills or experience, people start taking risks by investing huge amounts of money in businesses.
It's almost like jumping into the sea without practicing to swim in the swimming pool. It is like practicing in the swimming pool first, where you need not worry about drowning. Once you understand the fundamentals of swimming and practice them well, you will be ready for the sea as well as the ocean. IDigitalPreneur gives you the opportunity to learn unique skills from a lot of successful entrepreneurs. How they established huge businesses, and that too while remaining risk-free. Without investing lakhs and crores of rupees, you can learn the basics and fundamentals of business. And you can also earn money. You just need to fill in the details there, and you'll get a call from our team within 48 hours. The biggest specialty of India is that its people are fond of food. At every 100 kilometers, the language changes and some local delicacy is found.
If we talk about Zomato or Swingy, they have developed a strong business by combining two booming sectors. Food and transportation. Freshmen Faso’s magic pin headline And the list is endless. These are the companies that chose the food sector and built a strong business in it. If you want to see a detailed case study of any of these companies, let us know by commenting. Soon there will be a case study for you on this channel. There are infinite business ideas in the food sector. Like food vlogs, food channels on YouTube, dieticians and nutritionists, home tiffin services, catering, cooking classes, home-made pet foods, sprouting, microgreen farms, ice cream parlors, and the list is again endless. Now quickly start thinking about how you can create something big in the food business. At the time of independence in 1947, the population was 39 crore. In 2022, that population will have increased to 141 crores, which means that 100 crore people will have increased in 75 years.
So, too, the production of food grains should increase. The number of consumers has increased, but the land will remain limited. To increase production, the Green Revolution started in 1960. In which Indian farmers were introduced to irrigation facilities, modern technologies, and chemicals such as pesticides and fertilizers. Along with the growth of the population came an increase in pollution and water contamination, and ROs started being used in every household. And all these changes have become the reason for thousands of diseases in our lives. The diseases that we had never even heard of have become common now. Diabetes, thyroid, and blood pressure patients can be found in every family. In such a scenario, the health sector is an evergreen one that can never shut down. In fact, the COVID pandemic has very well taught people how important it is to have health insurance and policies. Investing in the health sector can be really beneficial for you.
Net meds: a healthy pharmacy Tata Health Prato Generic Aadhaar These are some successful startups in the health sector from which you can take inspiration. I would like to share with you all an amazing case study related to the pharma sector. Recently, I met the founder of Generic Aadhaar, Mr. Arjun Deshpande. Whose story inspired me a lot personally. He started Generic Aadhar at the age of 16, the valuation of which has reached 500 crores in 3 years. His vision and mission are so strong that when Ratan Tata sir got to know about him, he personally called him and gave funding. And along with becoming his business partner, he also became his mentor. His story began when he was in the 10th grade. One evening, he saw an elderly man begging a lot at a pharmacy.
The elderly man was asking to purchase the medicine on credit, but the pharmacist refused. After being disappointed, when the elderly man was leaving the pharmacy, Arjun could not stop himself and asked the man why he was so upset. And he did not have enough money to spend that much on medicines every month. This incident left a deep impression on Arjun's mind, and he could not forget about it. How the elderly man was so helpless and could not afford medicines for his wife One day, Arjun was just researching to find out the manufacturing cost of medicines. He got to know that the medicines, which are sold for 15,000 rupees at a normal pharmacy, are manufactured for just 2,000 rupees. Medicines are supplied to every brand by the same manufacturing units. And then different brands give them their own labels and pricing and sell them in the market. Same quality, same benefits, but different prices. And due to the distribution of money in the supply chain, the medicine for diabetes, which is worth 5 rupees, is sold for 125 rupees.
He decided to solve this problem. He started the company under the name Generic Aadhar'. He started supplying medicines directly from the manufacturer to the retailer and brought a revolutionary change to the pharma sector. Sir Ratan Tata backed him at the age of 17, gave him an investment and mentorship, and today he has gotten funding from Japan. He has created more than 2,000 franchises, and his mission is to make medicines affordable for Indians. And along with this, he has earned a lot of respect in India and abroad. The moral of the story is: find a genuine problem, provide a solution to the problem, and you will create a great business.
When I shared with him my vision of how we are bringing a revolution to the education sector through our company, IDigitalPreneur, he was really impressed with it, appreciated our vision a lot, and also got connected with us in our mission. What they have brought under the name of iDigitalPreneur is going to be an amazingly innovative thing for youngsters... Let me remind you again: by remaining risk-free and without investing lakhs and crores of rupees, if you wish to learn the basics and fundamentals of business and earn money, to learn the unique skills on the basis of which successful entrepreneurs are able to establish huge businesses, and that too directly from the experts, Fill out the form given in the link in the description box.
You'll get a call from the team within 48 hours. so that our entire community can interact with and learn from one another. If you have some amazing business ideas, please share your views on this topic by commenting. So that our entire community can interact with and learn from one another. There are going to be amazing videos related to business, finance, and life, in an entertaining documentary style, coming up on this channel. So, if you do not want to miss out on any such valuable videos, quickly hit the subscribe button and also hit the bell icon so that you get an instant notification whenever new videos are uploaded on this channel. Also check the settings once, and make sure all your notifications are turned on. I hope you have an amazing time ahead. What are the dark secrets about money that are hidden from the poor and the middle class? Comment down.
Top 4 Business Ideas for 2023 | Hidden Secrets