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Startups , business ideas etc

from quite few days i have seen people Asking for startup ideas etc here on forum ,
i might be able to help a few people (as i wont be contributing much to Forumias from tomorrow onwards , no Bakaar , no faltu Threads)

My background
I had co-founded and ran a startup for some time ( ecommerce) , and was selected in an (tichu sa ) Startup incubator (for a diff startup idea)
so i would try to keep it brief

to start with : Golden rule of any startup is to keep it Lean , malb ki minimum investment , max Output (Paisa) , you could refer : Zero to One book by peter Theil

types of startups : a) E Commerce b) Non - Ecommerce

a) E Commerce

level 1 : Sell on Amazon / Flipkart etc
-This would be the easiest and the most lean way to start ,
you could simply import something and sell via amazon
-Earlier it was pain in ass to get started as one needed to have TIN ( you would need to pay bribe of around 15-20K) , IEC ( import export code ) etc
but t seems now it has become easier given the GST
tips
-Sell a product which isnt common , maltb agr koi wo particular cheez search kre to you shoild be the first seller to be selling that
- Try to get +ve ranking , respond to queries , focus on packing etc
- Amazon will take care of all the stuff for you if your formalities are in order
refrence sites : Amazonn seller , GSTIN Guide , Other import export guidelines

*refer Appendix 1, for further details on import -export , alibaba etc

level 2 : Get your own Ecommerce website
-This is one of the most easiest way to make a brand for youself ( this is what i did) ,
- don't go to web developers , they will charge you ton of money , 50-60k , and that all could be done in a day
- Everyone knows wordpress , right ? , anyone can setup a simple ecommerce website (almost free) usinh wordpress and a simple plugin called woocommerce
- All documentation and steps related to woocommerce HERE and here
- You need to buy a domain name , pay for hosting ( don't go for expensive US hosting , any desi cheap hosting will work) , and professional looking emails like zohan@forumias.com ( i wish they gave me one :pensive: ) , using zoho mail free plan
- This all will cost you around 2-3k a yr ( depending upon hosting / domain name )
- I used CCavenue for payment gateways , but i have heard great things about Razorpay
- For Shipping Use Fedex (desi trike se , pack the order , take it to nearest office and mail) , at least for start to make your customer base ,then you may use delhivery , shiprocket etc for same and automate the whole process ( but do this later)
- Use plugins like This one , to automatically make pdf bills and Packin slip ( paste it on the package , tape it and mail) , and AfterShip , to add tracking functunality ( remember , all this is free)
- Optimise your site , read on internet , educate yourself , use sites like GTmatrix to annalyse and improve your site.
- You would need to register your Company ( register an LLP ) , dont spend money on Cs etc , google and you will understand how to do this

- refer appendix -2 for more details
b) Non Ecommerce
-Educational : ists only profitable in offline setup if forumias can be kind enough to let
- Hardware : it takes lot of time and effort , but you could look to apply to incubators like Hax
- You need to get an MVP (minimum viable product ) before applying to a incubator , but you gotta be different , and interesting , and noone can do help you in that
seniors to conduct test series in their home states :wink: )

Appendix -1
Importing is a tricky job ,
-you would need to import from alibaba , , there are many ways to be safe and online tutorials are available , just google " how to import from alibaba safely"
- This site StartupBros has many good tutorials
- payments are tricky never use western Union or letter of Credit (LoC) , you could refer this guide
- remember china wale bhi humari trah hai , all they want is to trick and steal from foreigners , you could always bargain ( to extend of 1/10th of initially mentioned cost)
- always be Polite and at same time be professional , have a business card ( could make one free online) , a website etc
-
Appendix 2
- Always start small , and go vertical , matlb , depending upon response , improvise and invest more
- have minimum investment in non essential stuff , extra functunality
- make sure site is easy to load even on mobile sites ( use appropriate woocommerce themes for same)
- Never used nulled themes (hacked themes , or anything hacked , illegal )
-
the post is getting too long and would add other points if any , later

@root @ForumIAS , can this be made announcement ?


Comments

  • Much needed in time of despair
    Good initiative
    Just do it.
  • thanks @Pin , lets hope more ppl see it
  • Right now, not interested in startup, highly informative post nevertheless
    Hope you succeed
    The day we decided that the worth of an individual was determined by their performance in an examination, that was the day Education failed us.

    Long live Revolution, Down with ForumIAS. Ban me Mods
  • very helpful post B)
  • This is amazing, thanks for sharing!
  • Great thread buddy.
    A Lion doesn't concern himself with the opinions of the sheep.
  • Great thread buddy.

    thanks

  • @zohanmukharjee any idea about how much will it cost to make a platform from which videos cannot be downloaded? B)
  • @zohanmukharjee any idea about how much will it cost to make a platform from which videos cannot be downloaded? B)

    3 thousand rupees per year (atleast for video hosting) ,try viemo plus
  • @zohanmukharjee any idea about how much will it cost to make a platform from which videos cannot be downloaded? B)

    When you upload videos on YouTube there's option to make your video non downloadable.
  • With Tubemate, any video from any website can be downloaded.
    Citizenmonk@gmail.com

    *Account not in use*

    Please contact me on email id above.
  • bhai zohan gazab post yar. aisi advice to log paise le k bhi nh dete. thanks yar.
  • bhai zohan gazab post yar. aisi advice to log paise le k bhi nh dete. thanks yar.

    Maine socha tha mods like @Burger ya @root announcement bna denge issko , but ni bnaya
    Just shared wht i learnt from my time spent in this stuff
  • Years of learning in one post. Bhai you saved a lot of time, money and energy for many
    Stay blessed bhai. Thank you
  • Years of learning in one post. Bhai you saved a lot of time, money and energy for many
    Stay blessed bhai. Thank you

    Yep , i hope it helps
  • aliexpress is the outlet for india instead of alibaba. Do not use Indiapost, they have sticky fingers, take chinapost/dhl/fedex. Alibaba sellers are used to desi postal folks stealing parcels. Look for reputable sellers + reviews.

    You are a good guy zohanm.

    Search twice, ask once.

    Aata savera jab tu jhele ye kaali raatein.

  • awesome thread. good job zohan.
  • awesome thread. good job zohan.

    Thanks @lapizlazuli , i wish more people had seen this , anyways its all gud , ì jjust put out what i thought could be helpful
  • Badiyaa. Bhai.. Otherwise also.. Yeh pata hona chahiyee.. Thanks.. Accha thread hai. ..
    Aspiring to be an IAS
  • @zohanmukharjee thnx ... knowledge is a noble things to share..u have proved it
  • @zohanmukharjee thnx ... knowledge is a noble things to share..u have proved it

    Welcome
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