Start-up funding in India has grown at a rapid pace in the last five years with investment values increasing at a CAGR of more than 57%.
India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach 10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the last year, says a report.
India is in the third position just behind US and UK, and nearly 1,400 new startups are expected by end of 2016, up by 8-10% from last year, revealed the "Indian Startup Ecosystem Maturing - 2016" report by Nasscom-ZINNOV.
Start-up funding in India has grown at a rapid pace in the last five years with investment values increasing at a CAGR of more than 57% while total number of investments have increased at a CAGR of over 62%, according to a latest report by Grant Thornton.
It is a wrong notion that people with scientific knowledge or business knowledge, who can create apps or websites and sell things can only start Startup but the truth is even creative people are equally in demand as much as others.
Here are a few business ideas for creative entrepreneurs:
If you are good in painting or if you have some idea about paintings and its business, then you can open a website or gallery as a startup.
In that gallery or website, you can encourage people to showcase their paintings or can put up for sale.
One can place an order for decorating offices, houses, interior decorators or directly trade with other foreign countries, where people admire Indian art, in a way promoting Indian handicrafts.
2. Wedding Photographer:
Creative people can add beauty in anything they touch, which is why there is a huge demand for wedding photographers in India right now.
Pre wedding videos, pre wedding photo shoots are what people look out for, to make memories and preserve them. Wedding photographer captures the beautiful moments, with a little skill makes them look dreamy.
Thus capturing people’s heartfelt memories on the lense is an art and if you master the art or if you can be a medium through which such creative people can get a platform to showcase their talent, you have an entrepreneur hidden in you.
3. Jewellery Maker:
Once there was a time, when ladies used to evaluate each other’s status by the amount of gold loaded on, but this generation is very laid back.
They believe in experimenting and not repeating the already worn jewellery. Moreover one cannot afford to make gold jewellery into various designs, which leaves an entire room for jewellery makers to make business.
Jewellery designing courses too is very much in demand, where silver ornaments are dipped in gold water and is affordable.
There is a huge demand for the business as well as the jewellery makers in the market.
4. Vintage Seller:
One need to have the eye to pick the vintage collection of items from different places and how to fix the price and you are sorted.
Vintage clocks, momentous, stamps and guns or swords, there are a lot of things fall under the vintage collection, which has a huge market demand.
Creative entrepreneurs should make the most of it by creating a website or a shop to sell and make money.
5. Story Tellers:
Story telling is an art.
One needs to pick the right words and weave a story around a plot and there are thousands of people waiting for such stories to absorb with.
Thus storytellers and their websites are so much in demand; people try to find their broken piece or something to glue their broken pieces in those stories.
Open a website and encourage other storytellers to put their stories for the audience and earn bucks.