My old trrading business in a govt sector is now about to close due to tuff competition. now i want to do a new business. I can invest upto 10 lakhs. please suggest a business. don't have any degree for job. also not have any shop. want to do sme business with laptop and from home.

Ans: With the growth in Ecommerce , warehousing and logistics are a high growth sector, though competition is equally high. Many warehousing companies are also looking for third party managed services. Meet these Ecommerce specific warehousing and logistics companies and align with them in an entrepreneurial role

Ans: Dear Mr. Asif, As you had worked for two good automobile companies in their mfg units , your experience will be useful for any other automobile company however as you are not in job for the past 5 yrs , Many companies don't prefer candidates who are not in job hence to get a job in Company may not be easy but your experience will support you to get into good automobile dealerships in their service deptt. Starting a new business is risky and requires huge fund. In case you are so interested , you may start a service centre for vehicles of your domain.

Ans: Ashraf Sahab- it is very difficult to suggest anything like that. You will have to answer that for yourself. Evaluate what you are good at - what is you core skill and is there an opportunity to do a business in a related field. Think about how much money you can risk? Do you have enough to run your live for 10-12 months or so. Only then think about starting something.

Typically service related businesses are easier to start and require lesser capital investments, that product related business.

Also reconsider why you want to be an entrepreneur. Doing job, is much easier than running your own business.
Only one out of a hundred businesses or so become successful

Ans: Mr Azad, you would like to have a side business to generate additional income. You have provided no idea of your skills/expertise/ experience nor of your financial situation (I am guessing that you don't have any surplus to invest in a business).

First and foremost, pl check if your current employer permits moonlighting or having another job even if it is freelance/ gig work. Many companies can take stringent action in this regard.
Second, what skills/expertise/ experience do you have which is distinct from your current job at TCIL? E.g., are you a good writer, or can draw or teach well or translate from one language to another, or cook etc etc. That will help you identify possible alternate income generating possibilities,
Third, how much free time do you have per day? On the weekends? And at what time? That will narrow down the list of ideas.
Fourth, what kind of other infrastructure, manpower support etc is required for the idea? Do you have the ability to get /pay for it? If you don't, you can only do those activities which rely on your time and expertise. You need to be able to give focused attention to it on a sustained business be it tuitions, writing, cooking, generating online content or whatever else you finally choose.
Fifth, do you have access to a set of customers/ buyers who want what you can offer and are willing to pay for it and can you easily reach them?
Once you have gone through these steps, you would have likely identified an idea that can potentially give you an alternate source of income.
Best of luck

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.