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.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.
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.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.
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.