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What Are You Listening to Right Now - Round 2

KedarT

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Thanx for tagging.
I suggest, play on the safe side. Start a business in the area you are familiar with. Like its market, supply chain, legality, etc. And don't invest 100%.. Probably invest 20% to test the water. If sure, then take loans/sell reserves and go full throttle.
Yes definitely won't go 100% but might do on the side to test the water. Have a few people in my contacts who can give me worthwhile advice about it since they themselves are businessmen and entrepreneurs.
It depends on your age/energy/ambitions. If you have a secured shop, then start the tea/snack business. I guess UAE Filli tea is a good milk tea. They were selling 5 contracts/franchise worth 5 million Rs. That can be a hot seller.
For starters, as you mentioned, starting a well know franchise can be a good option. Was talking to the owner of a cake shop and I was surprised that he had 3 different shops in various parts of the city and was doing really good business. Usually, it's the people who aren't very educated who get into business because they have to do something eventually. Us educated folks always have the option of job and often we don't look beyond that.
I think it's all about taking the 1st step or plunge. Once you start something of your own, you automatically start understanding the technicalities of it. But that will come later, few years down the line. I don't want to start a business too early.

Are you talking about this?

I see that there's one of the franchise of Filli Cafe in my city as well.
 

Goenitz

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I see that there's one of the franchise of Filli Cafe in my city as well.
Yes... that tea is good. I just meant that the band is already familiar so you don't have to spend months in promotions/advertisements etc.

Once you start something of your own, you automatically start understanding the technicalities of it. But that will come later, few years down the line. I don't want to start a business too early.
That is the key. I suggest go work for them as salesman, even w/o pay, if you have savings. Then as you are data engineer, may be you know how to go online, especially in what part of the city.
This guy simply connects the farmer to the consumer directly, through delivery person. Very good talk so spare time to listen him.

then this is the finest sweet makers (now all confectioneries) and totally online since 2002 I guess...
it literally means "from home to home"
 

jamahir

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That's definitely a good idea. Or maybe a cake shop or a small restaurant, bookstore, antique shop, etc. So many options
Bookstore : A bookstore having second-hand books too would be good. The second-hand books costing from 100 rupees to higher.

Tea house : In Calcutta there is the 'Adda' culture where people sit over rounds of tea and talk for long about many things, including politics. A friend of mine who's from Calcutta once said that I would enjoy the addas. It is nice that @Goenitz mentioned FiLLi Cafe whose motto is "Tea n Talk".

Antique shop : A former colleague of mine runs an antique shop but the challenge here would be to attract many people.

Cake shop and restaurant : Good.
 
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KedarT

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That is the key. I suggest go work for them as salesman, even w/o pay, if you have savings. Then as you are data engineer, may be you know how to go online, especially in what part of the city.
This guy simply connects the farmer to the consumer directly, through delivery person. Very good talk so spare time to listen him.
Yes that's a good suggestion and there are a few similar startups in India as well. Will listen to him later.


then this is the finest sweet makers (now all confectioneries) and totally online since 2002 I guess...
it literally means "from home to home"
Nice, but the website doesn't seem up to date. When I clicked on 'Shop Now' and the options under it, I get 'No Record Found'. But I get the gist.
Bookstore : A bookstore having second-hand books too would be good. The second-hand books costing from 100 rupees to higher.
👍
Tea house : In Calcutta there is the 'Adda' culture where people sit over rounds of tea and talk for long about many things, including politics. A friend of mine who's from Calcutta once said that I would enjoy the addas. It is nice that @Goenitz mentioned FiLLi Cafe whose motto is "Tea n Talk".
Yes, I've heard that about Kolkata.
Antique shop : A former colleague of mine runs an antique shop but the challenge here would be to attract many people.
Few people get attracted to it but the ones that do, tend to pay a lot for the antiques.
Cake shop and restaurant : Good.
There's a South Indian restaurant in one part of the city that isn't too huge but still attracts huge crowds. It's almost a go to restaurant for any South Indian food in that part of the city.

Cake shops and bakeries are getting very popular nowadays.
 
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KedarT

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