Wants to startup my own venture based on system based electrical work

Hello everyone, this is Manish from Delhi. These days I am planning to start my own small company with a capital of Rs. 5,00,000/- initially related to pure electrical work whether it could be maintanance, monitoring, etc. but the job must be completely system based online or offline on software which is very much in demand by the clients (small or big).
So, i request all of you, kindly please suggest me some creative, innovative, reliable and profitable ideas to start my venture as early as possible.

Replies

  • Kaustubh Katdare
    Kaustubh Katdare
    Assuming that you'd be catering to the local markets - why not quickly do a survey of what problem can you solve with your offering? I think that's something you should really pay attention to.
  • Manishsingh.ee
    Manishsingh.ee
    Kk Sir, I will do a quick survey within a week. But major problem is that will I get desired clients for my project. Also, please you must share some ideas which are in your mind.
  • Kaustubh Katdare
    Kaustubh Katdare
    Manishsingh.ee
    Kk Sir, I will do a quick survey within a week. But major problem is that will I get desired clients for my project. Also, please you must share some ideas which are in your mind.
    You are working on a limited capital and it's very important for you to take your steps carefully. Because you are entering into services domain, you need to fathom the demand for your services; and survey is the best thing to do.

    Check with the people who'd be your target clients and find out their needs that you can fulfill in a better, faster and cheaper ways. That should get you started.

    You may even offer very specialised services based on your skills-set and domain knowledge and charge your customers a premium. It totally boils down to what you are bringing to the table for your potential clients.
  • Manishsingh.ee
    Manishsingh.ee
    Thank you very much Sir for motivating me and of course sharing your views.

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