mardi 27 décembre 2016

What business to start for extra income and future prospects?

This thread maybe a little off topic, but just wanted to try anyway since I have received amazing advice from TJ members on all topics :-)

If you were starting a business as of today, which one would you start and why? I want to get some ideas for my 33yr old, unmarried cousin who is stuck in a call center job. He had to drop out of school after 11th class due to a family situation, and has been doing odd jobs since then. He is not interested in stock trading for some reason. He is however very bright, and given right training and support will certainly do well.

He initially wants to set up a business part-time and once the business starts growing, he would like to go full-time. I was wondering if TJ folks can give some advice on what businesses might be profitable, and how to get going.

He has 2 ideas himself: 1)importing LED bulbs from China and selling them here for a small profit 2)entering the diamond polishing/exporting business based in Surat/Mumbai. The diamond business is a little tricky, since it requires a fair amount of investment and is difficult to do part-time, so he is in two minds.

Many thanks in advance folks !


What business to start for extra income and future prospects?

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