Top 10 Self Employment Ideas in India

Are you fed up of unemployment? Or, are you sick of being pushed around at your job? Do you have any self employment idea that you think can lead you to success? Then you may want to step out on your own and get self-employed.

Self-employment is the act of generating income directly from the customers without being an employee of a business. Self-employment is becoming popular in the world including in India and it has its own great advantages too. You can do a job at your own pace. You can pursue your own innovative ideas. There will be no one bossing you around and most importantly, the money that you earn will only be yours to use. So, are you ready to get self-employed? If yes, then here are some great self employment ideas that you can follow in India. All these ideas, virtually do not require rocket-building skills and can be implemented with an affordable investment.

Private or home-based tutoring

Investment: 2,000 to 5,000

ROI: 2 to 3 months

Private or home-based tutoring is very popular at the moment. If you have any skill and have good teaching qualities then this self employment idea in India is just right for you. The most common private tutoring that is in demand right now is academic subjects for school level students. Apart from this, you can also give language classes or basic IT class.

Investment: 12,000 to 25,000

ROI: 6 to 9 months

Furthermore, if you want to do more than one-on-one tutoring then you can set a small class of your own. Few desks, some chairs, and a board are all you would require, to make a handsome amount of money.

Freelance Writing

Investment: 0 to 2,000 (Considering you already have a computer or a laptop)

ROI: 1 month

If you have passion and a drive for writing, you can earn a considerable amount of money by freelance writing. It covers a lot of subject areas from writing reports and blog writing to SEO and editing. There are various websites and companies that offer writing jobs like these for freelancers. The best part of this job is that you can work your own hours, develop your writing skills to a new level and earn money sitting at your home. All you need is quality writing, commitment to make achievements within the deadline and a good internet connection. Read More

Baby sitting

Investment: 0 to 4,000

ROI: 2 to 4 months

Nowadays, most families are either going nuclear or every member of the family has some sort of job. In these types of families, the family members cannot seem to give more time to their little ones due to their busy schedule. This is why, they are always searching for someone professional who can nurture up their babies and small kids. If you love playing and taking care of babies, then baby-sitting might just be a good self employment idea for you. It is not a difficult job once you know what you are doing. If your qualities are recognized then in due time you will be able to demand your own fees.

Event/Party Planning

Investment: 50,000 to 1.5 lakhs

ROI: 8 months to 1 year

In a country like India, celebrations occur every now and then. India celebrates a lot of occasions from birthdays and anniversaries to festivals and marriages. All these events are closed up only after a grand party. And no one wants to make their party dull and boring. Right?

So, they want someone with great skills to manage their parties or other similar events. This job requires great organizational and social skills and an ability to comprehend the needs of a particular event. If you are up to it then becoming an event or party planner might be wonderful for you. The best part of this job is that it presents you enough space to play with your innovative ideas.

Virtual Assistant

Investment: 0 to 2,000 (Considering you already have a computer or a laptop)

ROI: 1 month

Facebook has hundreds of employees at their offices in various parts of the world. Despite this manpower, they cannot give sufficient time to manage all aspects of Facebook from evaluating content, securing accounts to advertising.  This is why they hire other people to manage some part of their site. These people are known as virtual assistants. There are other various high rated companies apart from Facebook such as Twitter or Google who also hire virtual assistants. You will get the work depending on your skill sets and you’ll surely love the amount you’ll get.

Street Vendor

Investment: 50,000 to 1 lakh

ROI: 7 to 18 months

Food carts have become an integral part of life for people who are always on the rush, especially students and working class people. The food is affordable and delicious. You can sell any food items that you like and even go mobile selling your dishes from one place to another. Street food carts might not sound as extravagant as a commercial restaurant, but you will be able to earn money quickly with little investment. The great thing about this job is you will not require any fancy dishes or food items. You will be able to run your business even by using home resources.

E-bay sales

Investment and ROI: Depends on what you are auctioning

E-bay sales are on the rise all over the world including India. According to Forbes magazine, there has been a 16.2% increase in job opportunities in this field over the past year. To do this job, you need to know how e-bay and auctioning works (which do take a lot of time). If you are smart enough to figure out the buying requirements of others, then this is an excellent job for you. Plus, the earnings are awesome.

Cyber: Printing, Xerox, Internet, Fax…

Investment: 20,000 to 40,000

ROI: 4 to 7 months

Not all the people in India have equipment like photocopy machine or printer at their home. But all people at some point in their life, need these type of equipment for certain purposes such as using the internet, printing official documents or brochures or making pamphlets.

This is why, if you open a business that provides these services then you can earn a considerable income. This self employment idea requires much greater investment than the ones mentioned above. However, if managed and run properly, you will surely earn good sums.

• How to Start a Xerox & Book Binding Business in India?

Beauty Parlor or Hair-treatment Salons

Investment: 3 to 5 lakh

ROI: 1 to 2 year

Everyone wants their hair to look good and their skin glowing which is why beauty parlors and hair-treatment salons are always at high demand. Most ladies prefer beauty parlors and men prefer hair-treatment salons. So, depending on your skills sets, you can choose to run any sort of businesses. However, a little investment is required for resources and equipment but at the end, return on investment will surely make you happy.

Catering Service

Investment: 4 to 8 lakh

ROI: 10 to 18 months

Just like Event/party planning, this self employment idea also revolves around the provisions of various functions, festivals or celebrations. Not a single event can be successful without serving food, be it a marriage, religious function or even funerals. This is why; catering services are in such a high demand. If you want to start with small catering service then you and one of your friends with similar business thoughts will be able to make it easily. But if you have enough money for investments and want to go big then you can hire some more employees and start your own catering service.

These are some of top self-employment ideas that you can build your business upon; if you have the required skills and dedication to do it properly. Some of these do not need much financial investment while some others do. Select the one that suits you the best. However, if you have any other great idea that you want to pursue then you can do it by all means.