Baqar Iftikhar Naqvi

Answered on Mar 10, 2025

Asked by Anonymous - Feb 05, 2025Hindi

Converting a 25-35 Year Catering Business to a Startup: Advice?

Ans: You will have to register a new entity, because startup has a "start date" clause and 35 year old business may not be registered as a startup. Please consult a CA/ Consultant who can help you register in startup India.

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Answered on May 27, 2024

Question by Mangesh - May 13, 2024Hindi

dear sir, I am working with LTD pharma company and very recently I have resigned from my job of production manager. In future I don't want to work with current profession and thinking to start suitable business. Could you please guide me what i shall plan to start the business. I am quite sure the time i spend with my current organization can be utilized for the business.

Ans: Look around yourself. Find a problem that is big enough, and that you can solve. Understand how much money people are willing to pay for the problem to get sorted and what will it cost you to solve the problem. If there is money to be made, you have a business idea

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Answered on May 27, 2024

Question by Panem - Oct 30, 2023Hindi

Dear sir iam doing Agri business since eight years .Now eight branches maintained AP&Telengana .This business huge volume business.But I have no sufficient money maintain all branches .I need one investor Investor invest my company I do good business and earn good frofit

Ans: Create a pitch deck for your business. If it is a running business, then you should be able to show the past perfromance in terms of growth, profitability etc. Pitch your business to investors, and if it is really scalable and profitable, then you will get an investor.
There are other ways to get money, specifically debt from financial institutions based on your cash flows. Get in touch with a good finacial advisor and he should be able to help you get debt.

For more tips on entrepreneurship please follow me on linkedin: www.linkedin.com/in/baqar-iftikhar-naqvi-34b27a4

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Answered on May 27, 2024

Question by Rajat - Apr 15, 2024Hindi

Hi am 28 yrs old, married and have child of age 1.5yrs, i am very unfortunate as i was unable to complete my education due financial problem due to a serious health related problem at that time which have drained all of our savings, as of now i am some what stable, due to lack of educational certificate i am unable to join mnc for higher salary, my current salary is 17k per month ctc, i have a dream of opening a manufacturing business that requires around 40 lakh of initial investment, how could I accumulate such wealth as no bank is ready to give me a loan of such high amount, maximum they are offering is around 7-8 lakhs, pls note i also have depending mother and my wife is a house wife

Ans: It would be difficult to raise this capital, without investing anything on your own. The only way you can get money is through friends and family, or by mortgaging some asset that you might have. I would suggest you look for a job and start your venture after you have saved some money.

For more tips on entrepreneurship please follow me on linkedin: www.linkedin.com/in/baqar-iftikhar-naqvi-34b27a4

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Answered on May 27, 2024

Asked by Anonymous - Apr 16, 2024Hindi

Sir I'm a doctor by profession.Right now I'm practicing in a rented premises and rent of that shop is 17300/month +1000 light bill .I'm practicing in this premises since last 22 years.I got few opportunities to buy my own Shop but I missed it somehow.Now there is one Shop behind my clinic for sale and area of this shop is little bigger than my clinic,Is it advisable to purchase back side shop at Rs 36 lakhs or continue in the same rented shop.Every year there is 10%hike in rent.And to own this shop I have to take 25 lakhs loan.Plz Guide me.Thank you.

Ans: At 36 lacs the cost of money at 10% is 3.6 Lac Rs per annum, i.e. 30K per month. You are paying 17k, which is about 5.7%. So your incremental cost is only about 13k or 4% of the cost of the property. You should buy the shop if there is even 6-7 % capital appreciation in the shop prices in your area on a yearly basis.

For more tips on entrepreneurship please follow me on linkedin: www.linkedin.com/in/baqar-iftikhar-naqvi-34b27a4

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Answered on May 27, 2024

Asked by Anonymous - May 26, 2024Hindi

Hi Expert, I am 43 and laid off from IT sector. I have approx 4lac in ppf, 8L in mf, 15L in stock. I have approx 15l home loan and 5L car loan as liability. Should I start for any business or or wait for upward the market for job? Any suggestions!!

Ans: Look for a new job. You should think of a business when you have enough bank balance to sustain you for a year at least.

For more tips on entrepreneurship please follow me on linkedin: www.linkedin.com/in/baqar-iftikhar-naqvi-34b27a4

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Answered on May 06, 2024

Question by Satyanarayana - Apr 26, 2024Hindi

Respected Sir , I am at the Age of 76 Years. I am having a small shop at a Prime location . I want to start Nuts and Dry Fruit Shop with the Help of an employee. Kindly suggest me pros and cones of the Said Business.

Ans: Sir, start this if you can actively manage this and have a trusted employee, else it is not an easy task to make a shop profitable. Also, dry fruits is a very commoditised business, where skills lie in purchasing at the right price. Please evaluate if you have these.

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Answered on May 06, 2024

Question by Gunjan - Apr 15, 2024Hindi

Hi Sir I am 40 years old previously I have done MA, B. ED previously I was running a play school in partnership where I have earned around 40k in a month. But now partnership has broken and I have removed from there and have no income. As our financial condition is not good so I want to start my career again but I am not sure what to do should I look for a job or I start my own business. As I don't have corpus to start or invest in a business also I am not sure where I can get a job. Is there any course which can help me to get a job. Request your suggestion.

Ans: Leverage your skills in managing the play school at a relelvant place. Get a job at another play school, school etc. People with skill and hunger to do something are an asset for every organization. So dont loose heart and search for a job.

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Answered on Apr 26, 2024

Question by Raghvendra - Apr 19, 2024Hindi

I am 54 year old serving consumer electronics industry since with high precision toolings jigs and fixtures, now we started making table top robots for this industry and wish sell it pan india and export, but i think i can't handle alone this broad level so i am thing of to add a partner... Whats your suggestion??

Ans: You are right. There are many facets when you work as an entrepreneur and it is good to have a partner, whose vision matches yours and has complementary skills.

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Answered on Apr 18, 2024

Question by Ramanan - Apr 15, 2024Hindi

Hi, I am 62 years old. Studied decently but belatedly. Nothing went well. Willing to do business. Requesting your guidance in this

Ans: Well there is no age to start a business and there are many case studies of late starters who built multi billion dollar empires. See what skills you can leverage and plunge in. However, invest only in a way that even if you loose the investment, your basic livelihood would not be impacted.

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Answered on Apr 15, 2024

Asked by Anonymous - Apr 15, 2024Hindi

How to start digital Marketing company

Ans: You need to have skills in digital marketing to start the agency. Start with 1-2 clients, without worrying too much about the fee. Deliver results and then use them as a reference case to market to others. Slowly build more clients and your internal team. Also inch up your fee with each successful assignment till you get to the optimal/ market level

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Answered on Mar 29, 2024

Question by Syed - Feb 25, 2024Hindi

Hi, I'm Zubair. I'm want to change the banking sector, I want to open an Islamic banking tho not mentioning the name as such coz people might not be interested to bank with as it's related to Muslim,but the concepts and features will be same. I want to lend money without interest so that customers can approach us instead of other banks, therefore building a strong competition,will lend money to businesses and earn profit sharing instead of interest. Will this be a change in Indian customers and is this sounding good? Please advise. Much thanks.

Ans: I am not a banking sector expert, but as i understand, Indian banking sector is highly regulated. You may not be able to do any of these things. Please check teh feasiblity of this from a regulatory and legality point first.

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Answered on Mar 29, 2024

Asked by Anonymous - Oct 30, 2023Hindi

How do i convince my 69 year old father who is running a successful brick and mortar business to sell online which would expose him and our business to the world , not just in the place we stay , my father is very traditional

Ans: Start small, list a few top sellers, show him some quick wins. As he sees the business come from distant places, he may get convinced.

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Answered on Mar 29, 2024

Asked by Anonymous - Oct 30, 2023Hindi

I want To start A online Business but I Have No money And Any Source Of Grow my online store what I do

Ans: if you have a good business idea, then pitch it to friends and family and get some money to start. If you dont even have an idea, drop the plan to start a business.

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Answered on Mar 19, 2024

Question by Nasser - Mar 17, 2024Hindi

Sir I have started eCommerce business on Amazon, Meesho but due fake customers who returned the products damaged or used I stopped Then I again I started dropping with DeoDap on Amazon and Meesho is drop shipping good Please help

Ans: Customer returns is a reality on all online portals. It varies from 10-12 % to upto 35-40% depending on category and other things. Please factor this in your pricing itself.

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Answered on Mar 04, 2024

Question by Dipa - Jan 31, 2024Hindi

Hi Baqar I am a 45 year old woman. For last 12 years I was doing content writing on Upwork I was making a decent amount of money too Now as chatGpt and AI tools have come, most writing jobs are gone. So no new clients. Zero income My question is what course i can take at 45 to start earning again. I am targeting job that would at least pay 35 to 50K a month. Pls reply soon.

Ans: Creatives / videos/ reel etc. are in demand these days and this would continue for the foreseeable future. You can do a course in this and earn a good monthly income.

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Answered on Mar 01, 2024

Asked by Anonymous - Feb 22, 2024Hindi

We are an ethnic wear brand based out of Kashmir and New Delhi. Can you suggest some practices that we should follow to get on top of the game?

Ans: Since the question is very generic, I can only give a generic reply. For any apparel brand always maintain a balance between revenue, Gross margins and inventory holdings. If any of these goes out of balance, the business will be negatively impacted. So target getting scale for which you need to price your product well. Source at the right cost, so that you are able to maintain healthy gross margins - about 65%. Ensure that inventory holding is not more than 3-4 months. Fashion business needs freshness, so you need to add new styles every 30-45 days.

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Answered on Feb 29, 2024

Question by Ashish - Feb 28, 2024Hindi

Hello Baqar sahab, I am Ashish Garg this side from delhi, want to ask HOW CAN I SELL MY NEW CONCEPTS AND NEW DESIGNS OF BUSINESS DEVELOPMENT OF DIFFERENT SEGMENTS OF COMPANIES AND INDUSTRIES ON 100% ADVANCE PAYMENT BASIS.. ?as i have very rich experience in sales and business development, my all concepts are on ground and fact base and on reality basis.... Please suggest. Rgds,

Ans: Ashish Ji, You will have explain in a little more detail what you want to sell. As I understand you want to do consulting.. If yes one way could be taking sales and Bd process sessions. You can charge people for it. There are many sales coaches and you can become one too

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Answered on Feb 25, 2024

Question by Syed - Feb 25, 2024Hindi

I'm Zubair, I want to o start a private bank in India where I can provide interest free loans and ask the customers to tie up their salary account with us. Also to provide loan to businesses and earn profit from from then instead of asking interest. This I believe will have a tough competition with existing banks in India. How does this idea sounds to you. Please guide me. I won't be mentioning Islamic Banking tho as u know how people might not be intrested so just wanta to start as a private bank but most of the features will be Islamic.

Ans: Banking is a very regulated sector in India and you will find it very very tough to compete with the current banks as well as the system to do it. What you are wanting to do May not even be possible withing the current system, where there is a cost of money and hence you cannot give interest free loans to people. Check out the possibility of doing this from the regualtory perspective, before anything else. Anyways I think it is a very uphill task even if technically possible. So I would suggest you focus your ebergies on something else

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Answered on Feb 25, 2024

Asked by Anonymous - Feb 22, 2024Hindi

I am a sales guy having great connection in industry want wanting to start my own business, but lack the confidence. Can I use product already avaliable in the market and sell them to my clients on whitelabel using my company name. Also want to start a fundraising company for startup as have lot of connections with investors, will this idea work.?.

Ans: Both your ideas can work, but in any startup the key is the execution. So select whatever idea you want to pursue and go after it with heart and soul. Best if luck

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Answered on Feb 25, 2024

Asked by Anonymous - Feb 22, 2024Hindi

Hi, I am a single mother abt 35 yrs age and earning approx 75k per month. I can save only approx 30k per month currently. I wish to start a daycare/creche services of my own. How much investment would be required for it and should I choose any franchise to go ahead with it? Is there any pre-requisites for it? I am not much of social person or easy to get friendly with kind of person, will that be a negative point if I go ahead with my plan? However I am very fond of children and love them. What would be the expected return from such business ot staying in service would be wiser? Kindly guide.

Ans: Franchising would require a minimum capital, so I would not suggest the same in your case. You can start really small without much investment. Just make one room in your house fit to be used as a creche. If you take care of the kids well the word will spread and slowly and steadily you can grow your venture. In the creche business getting the trust of the parents is the most important and for that you need to have empathy with them and treat the child with utmost care, like it is their own home. That itself could be your unique proposition as against creche chains where maids would look after kids.

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Answered on Feb 25, 2024

Question by Mayur - Feb 23, 2024Hindi

Hello, I am Mayur, 19 years old aspiring entrepreneur. Currently pursuing bachelor's degree in computer engineering. I am interested in starting my very own business but I'm finding it difficult to search for initial idea to begin with. So, I would love to seek experts advice on "what's the right approach to find a business idea?" Thank you

Ans: Look around yourself. Find a problem that is big enough, and that you can solve. Understand how much money people are willing to pay for the problem to get sorted and what will it cost you to solve the problem. If there is money to be made, you have a business idea

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Answered on Feb 25, 2024

Asked by Anonymous - Feb 23, 2024Hindi

I am 38, a research analyst with 15 plus years of work experience. I completed my masters in finance from the University of North Texas in 2008. I have a corpus of Rs 50 lakh that I would like to invest in a consultancy start-up but I need an additional investment of 75 lakhs to build the company. How can I pitch the idea to investors without giving away any equity? I am a first-generation entrepreneur. Can you share some tips that can be helpful?

Ans: Sorry, I didn't understand your question. If you are pitching to investors for money you will have to part with equity. I'd you don't want to dilute equity at this stage, start with the corpus that you have and build a bootstrapped company. Consulting does not need to much capital anyways.

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Answered on Feb 25, 2024

Question by Syed - Feb 23, 2024Hindi

I'm passionate about changing the way the customer buys meat offline. I'm 26, no business experience but alhamdulillah have enthusiasm to learn anything. I want to open a meat offline startup where the quality and user experience is top notch. From chicken to live fish, mutton and free delivery within 30 mins pan India. I don't have investment to start, will any investor help me or how should I start. Thank you.

Ans: This is already a competitive market with Licious and many other players at national, regional and local level. If you have a differentiated idea, start local, but think why the larger players cannot replicate your idea more efficiently than you. I don't think funds would be easily available for this till you show the proof of concept.

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Answered on Feb 23, 2024

Asked by Anonymous - Feb 21, 2024Hindi

I want to create a cashback and reward application where a user gets rewards whenever he shops from any e-commerce store and later redeem from our product catalogue. The development of the app is costly, as I dont have funds to bootstrap it. What should I do ?

Ans: Make a pitch document with details of your startup idea and pitch to investors. These days there so many events where entrepreneurs can pitch to investors.

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Answered on Feb 23, 2024

Asked by Anonymous - Feb 22, 2024Hindi

I want to start a car auction online and offline business in Bangalore and maybe other cities, how can I arrange funds for such a venture?

Ans: Make a pitch document with details of your startup idea and pitch to investors. These days there so many events where entrepreneurs can pitch to investors.

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Answered on Feb 23, 2024

Question by Nagendra - Feb 23, 2024Hindi

What is the minimum capital for starting a business it could be any.

Ans: 0- Many million dollars. Please be more specific - what type of business, what scale etc.

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Answered on Feb 23, 2024

Asked by Anonymous - Feb 22, 2024Hindi

Planning to sell South Indian snacks from home through Zomato and swiggy...how to start

Ans: Just contact Zomato onboarding team. Make sure your products have a good packaging and all licenses etc. to sell packaged food are there with you.

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Answered on Feb 23, 2024

Question by Eswar - Feb 23, 2024Hindi

How can I get a mentor for my startup for which my roadmap is ready, website ready and it is near launching stage but still I feel need to get a mentor so that we can grow our startup as per plan. Not just looking for investor but a mentor who can guide through the journey to be successful. Although my start up plan is not unique and there is competitors in the sector with huge growth potential. Please guide how we can select or approach mentor?

Ans: Find people in the domain you are wanting to do business in.. people with rich experience of either the domain or business start ups, would be good mentors. Remember that a mentor will select you and not otherwise, so approach potential mentors with respect and humility.

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Answered on Feb 23, 2024

Question by K - Feb 22, 2024Hindi

Hello Sir I am 55 years & doing a private job for the last 30 years as supervisor & was till recent managing various type of task including liaising, in field, meeting people solve the things for the company which my company had surrendered & left me to seat in office . I have certain work to do in office which I can't do efficiently for which my boss use to scold me & I feels very bad. I am not well financially settled . Please suggest me any suitable business which I can do from my home. I don't want to do any private job any more. No one in family to support me financially yet.

Ans: You will have to think what skills you have gathered in your work life and then evaluate how you can leverage the same to build a business around the same; who will be willing to pay you for those services if you do freelance work or get into contract with multiple parties. Try a pilot and if it is successful then expand the same.

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Answered on Feb 23, 2024

Asked by Anonymous - Feb 22, 2024Hindi

I lost my job in November 2023 and now I'm struggling to find a job to survive but i want to start a business. I don't have any experience of running a business and my savings are 50-60k. I'm 28 years old. Please suggest me something. Thanks in advance

Ans: Unfortunately, finding a job is much easier than running a startup/ business. My suggestion is please put your heart and soul in searching for a job, and leave the though of doing a business. You neither have any experience, nor capital, nor any business idea.. How do you intend to start a business?

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Answered on Feb 23, 2024

Asked by Anonymous - Feb 22, 2024Hindi

Hello sir, i am a pastry chef and an internationally trained master chocolatier. My brand caters pure chocolates made from bean to bar and our USP is no additives and preservatives with long shelf life of pure chocolates. I currently operate on cloud kitchen mode . I am struggling with the dynamic market of compound chocolates popular in India. Though we take utmost efforts in educating our clients regarding real chocolates and it's benefits. We struggle to sale as we are higher on pricing point due to pure and premium crafted nature of chocolates. Guide us to drive sales to right people and get us great clientele.?

Ans: Every product has a target audience. Refine your TG to premium customers.. BUild your brand accordingly. Also, the stpory of your brand and it's USPs must reach your target customers.. so invest in social media marketing and brand building . SLOWLY AND STEADILY YOU WILL FIND THE RIGHT CUSTOMERS.

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Answered on Feb 23, 2024

Question by Debashis - Feb 22, 2024Hindi

Hello Sir, Good Evening. I'm Debashis, a working professional. I'm looking for an investor or mentor for doing business, I have a plan & have experience in this field also. Can you suggest Sir ??

Ans: Find people in the domain you are wanting to do business in.. people with rich experience of either the domain or business start ups, would be good mentors.

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Answered on Feb 23, 2024

Question by Arifa - Feb 22, 2024Hindi

I am a housewife with 3 kids & also completed b.com (Computer ) as i am in need of very urgent money i am thinking of any business because working outside is not possible as i need to look after my family. Please suggest me which business is profitable one is selling dress materials or else selling food through zomato...etc

Ans: Home kicthens and selling through zomato is a good idea. There is a daily foods section on zomato where they supply home cooked food. Also you can later take catering orders for small parties.

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Answered on Feb 23, 2024

Question by Indranil - Feb 23, 2024Hindi

Hi Mr. Baqar Iftikhar Naqvi, I have an excellent business idea which can change the world. I need a strong investor for execution of this business model. Can you please help me to get an investor or multiple investors (not meant for crowd funding) to start this business. The business model is meant to capture the global market and needs the investor with more than 500 cr. INR capacity. Thanks and regards Indranil Bhattacharya

Ans: Unfortunately, at the stage you are in, no external person can help you. Investors bet on entrepreneurs and want to hear directly from them, at the idea stage. They want to understand your clarity of though, execution capabilities etc.

You will have to directly pitch to the investors.

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Answered on Feb 22, 2024

Asked by Anonymous - Feb 21, 2024Hindi

I want to start a Ed tech start-up related off line English and communication skills training for school kids and college students

Ans: That's the need of the hour. However many people and organisations do it, so the differentiation is in the execution and quality of skills imparted. So pls take care if that

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Answered on Feb 22, 2024

Asked by Anonymous - Feb 21, 2024

Hello Sir , I am a rice manufacturer . I need to expand my production but feels afraid if I can sell the production in market or not . At present I sell all my production. But fears in expansion . What should I do

Ans: Dar ke aage hi Jeet hai ???? . If you are am expert in your line of work and consistently get orders beyond what you can supply, then expand your product toon capability. Do it in a phased manner, of possible

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Answered on Feb 22, 2024

Question by Suraj - Feb 22, 2024Hindi

I'm Suraj, sir I have started my firm in 2018 at small city Akola where I am providing computer and surveillance based sales and service. Actually I focus on service but I don't know why I don't have enough work and man power to run my business though I am providing the best service compared to others. How can I scale my business. Please give me your valuable suggestions. Do I need to change my business location or it doesn't matter?

Ans: Please explain what your business is before I can answer your question. Is it surveillance hardware sales like security camera and related software solutions. Do you also do complete installation etc. OR can you offer you solutions online, without the need to physically do any work at the client site . Please explain in detail

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Answered on Feb 21, 2024

Asked by Anonymous - Jan 27, 2024Hindi

I am 45, working as manager(Technical) in a reputed company, earning 16L . I feel like this is not my kind of work and struggling to cope up, want to switch over to business or to start over again in other filed. Its a great risk, due to lot of responsibilities and future on stake. What can be my options today.

Ans: Unfortunately, nobody can answer that question for you.. you have to find your own areas of expertise and interest and develop a business there. Start the business where there is minimum capital expenditure. Keep working till the proof of concept of your business is done and you truly believe that there is a future in the business you want to do.

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Answered on Feb 21, 2024

Question by Anonymous - Feb 20, 2024Hindi

I am distributor for a renowned commercial brand having market clout in other areas.I am squeezed between low margins and delayed payment from customer.Along with there are maintenance, rents and employee salary which eats up my profits...the competitor brands are offering for their distributors with higher margins. what should I do?

Ans: Unfortunately, that is how distribution has become, a credit financing business where you are squeezed from both ends. Look for some other business or brands that also offfer you credit to support the long credit days you have to provide to your customers.

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Answered on Feb 19, 2024

Asked by Anonymous - Feb 12, 2024Hindi

Mr Baqar, my retirement dream is to start a business in Indore or Bhopal maybe a restaurant or a fast food chain. I am 47 and have savings worth Rs 25-30 lakhs. Can you suggest a safe business model I can invest in? Should I go for a franchise model or set up something of my own? Please suggest some ideas

Ans: You should definitely go for a franchise business as the chances of success are higher and also you will get to learn about running a restaurant business. Resturant operations are complex and there are so many restaurant that open and close within a short time. it is hence best to go with a safer fanchise option.

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Answered on Feb 19, 2024

Question by Shekar - Nov 02, 2023Hindi

I have develop a working concept for a 1 Tera hertz CPU where the hard disk processor works at 1 terahertz the CPU can read write data of 1 terabyte in few seconds I m looking for funding kindly advice

Ans: There are many govt funds available for tech innovations. Please research and apply. It is fairly easy to get such govt grants. Alternatively, look for incubation centres where you can improve upon your concept and create prototypes. There are many Universities and private incubation centres.

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Answered on Feb 19, 2024

Asked by Anonymous - Jan 11, 2024Hindi

I am currently working as a travel consultant and my salary is around 43k .. I am planning to leave and do sanitary business with my brother in law as he does tiles business and I asked him that I will do sanitary business as he is not doing it ... Will it be ok for me to do the business without our relation getting spoiled

Ans: If you maintain professional relations while doing business with your relative, and maiintain proper accounting and transparency, it will run well.

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Answered on Feb 19, 2024

Asked by Anonymous - Feb 16, 2024Hindi

I am a retired person. I want to start a small readymade garment shop in Thane city. But i dont have any experience in this line. Please let me know what will be the investment, how to go about, etc. Please help.

Ans: Garment business is a very tricky business where you need to project the fashion trends and buy accordingly. If you dont have experience, better not to start. Do something where you dont need to forecast what will sell and what will not.

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Answered on Feb 11, 2024

Asked by Anonymous - Oct 30, 2023Hindi

I wish to plan a startup paid search engine on pan india level. What is ur openion and ideas in it. How can i get seed fund?

Ans: You want to start a search engine ??? That’s a massive business with gigantic players like Google. How will you ever compete with them

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Answered on Feb 11, 2024

Question by karthik - Oct 29, 2023Hindi

I'm running my own business for more than 10 + yrs, now my age is 40 still I'm struggling to get top on my business how can I grow my business and become number one in my field

Ans: While I cannot comment very specifically as I don’t have details of why you are still not on top of your business, to be a leader you will have to deliver value to the clients and build trust. Everything that you do has to lead to these two. Evaluate for yourself where you are missing out and sort the problems for yourself

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Answered on Feb 09, 2024

Asked by Anonymous - Oct 05, 2023Hindi

Hi Sir, I am 35 years old. have 12 plus years of experience in Corporate. Draw a 6 digit salary but my work is not give me satisfaction. Wanted to start something on my own, so started an import export business. Did some course to know how it works..Now I do not have a product or unsure where would be my starting point to get into business. Could you please provide any suggestions..

Ans: Export import is a very broad term. Decide what you want to do e.g. you can become an importer of a category and start importing from key manufacturing hubs and wholesale them in India. Alternaively, you can visit multiple fairs internationally, do some sampling and get orders from buyers and then get the products manufactured in India and sell to your global clients/ buyers.

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Answered on Feb 09, 2024

Question by Parbinder - Oct 29, 2023Hindi

Hello Sir, How can I get a mentor for my startup for which my roadmap is ready, website ready and it is near launching stage but still I feel need to get a mentor so that we can grow our startup as per plan. Not just looking for investor but a mentor who can guide through the journey to be successful. Although my start up plan is unique and there is no competitor in the sector with huge growth potential. Please guide how we can select or approach mentor?

Ans: Dear Parbinder, Look for experts in the field - seasoned professionals, successful entrepreneurs etc. Take time from them , discuss your startup idea and request them for their feedback. You can also request one of them to be your mentor.

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Answered on Feb 09, 2024

Asked by Anonymous - Nov 05, 2023Hindi

Hi expert team, good morning. I am 25 years old, i am looking for a business to start, but I don't know how to start and which business is good for financial support to me and I need a help on it. I need the financial support and business process .

Ans: Understanding your question, I can clearly see you are not ready yet. You neither have a business idea, nor a plan or resources. You are looking for some expert to tell you everything, which is a non starter.

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Answered on Feb 09, 2024

Asked by Anonymous - Jan 07, 2024Hindi

Is dairy farm business profitable in india can I chose them as a career

Ans: yes.. it is a profitable business. these days you can also do the dairy business in collaboration with new age brands like Akshaya Kalpa foundation where they buy all the milk from you and also help you scale up the business.

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