I m 38, from finance industry. Need to start but don't have exact idea, what to and how to start. My interest is mainly in e-commerce. Please guide me.

Ans: Digital marketing is a very growing field. You will certainly find work if you have the skill sets. Offer your services as a freelancer. Put your profile on websites like fiverr that help you get work. For the first 3-4 clients, dont haggle on money, just take what they agree to give you. Build your credentials. Once you have proven track record, you will get more work.

Ans: The first trait about an entrepreneur is the ability to solve problems through innovative solutions. If you have no idea about what to do , how to do etc. how will you ever do business. Please don’t waste time in finding an idea.. look for a job. It is more safer and easier to do a job.

Ans: In whatever is your area of interest, talk to as many experts and consumers you can.. evaluate if your idea is solving a real problem that your potential consumers face. Fine tune your business idea. Then again talk to people if they are willing to pay you money to sort out the problem.. and how much. Concurrently, talk to experts on the cost of solving the problem/ offering the solution. Wherever you think the cost of solution is lesser than what people are willing to pay, is a good idea to work on prima facie. Then create a detailed feasibility report. Take help of some expert at this stage. Understand the investments and evaluate how you will need to fund the business initially. See if you can get some grants / seed funding. Typically seed funding is through friends and family . There are also a few govt schemes for entrepreneurs- see if you can get some grant/ financial assistance under these schemes. Put some of your own money and start implementing your idea in the mean while. Don’t be over optimistic in your planning. Work for the best but be prepared for the worst.

Ans: Don’t do it