A lot of people in this world have great ideas but no money while some have a lot of money but dearth of ideas. We just need to marry the best combination to give a birth to a great business.
If you ask me there could be long essays on where to invest, where not to invest, how to yield maximum from your investment etc.
But I believe that won’t get to us any conclusion because there is no set recipe for that. As mentioned above we must add right mix of talent, ideas and money to create a robust business. Any business idea can work if you can find out the missing gap. Help the world with solutions to its problem.
What are you good at?
One should invest time and money in something they are good at. For example, if you are a great chef and cook something nice dishes, you must try your hands in a restraint or kitchen business. Famous restraint, Biryani by kilo is an example of similar business which has emerged recently. Please google to find out the story behind it.
Research
A good research is quintessential for a successful business. Hence, do a couple of researches before investing in any kind of business idea. The world will accept anything you do differently.
Innovate
Innovation is the key. If you can innovate to do something differently. Innovation in your product even after you are doing great is essential. If all these things are in place, you have high chances that you will create a great business
Consistent
Be consistent with what you are doing. This is something is necessary to stay in the game.
What are other ways to find out businesses
There are many events organized by Franchise India, which showcases new businesses and other investment opportunities. The event is organized throughout a year in different cities across the country.
Attend similar events online, you will find something or someone looking for you.