First step to start your business or startup is that you must know what exactly do you wish to do. What’s your idea?. Many people think that I need to think of an idea which no one has ever thought of. But according to me, it’s wrong thinking.
There are two reasons for Start a Business,
First is that there are very fewer chances of thinking of such an idea which no one has ever thought about. because there are more than a billion people in the country hence there’s a very less chance of it. the second and more important reason why you shouldn’t do this is that to start a business where there is no customer base established, no source of revenue and no one has done trial and error no experiment that to do this business, such kind of revenue comes or problems arises, then it’s a very new thing and a very risky work.
So I would recommend you to not think of an idea which no one has ever thought of. In fact, you have to think that what do you yourself like to do. Here I would recommend you to focus on two things: passion & interest. First, what’s your passion, your interest what do you like to do. How can you give value to people from your work and how can you benefit people and give value that they will give you money in return. When these two things are clear, you can see which business already exists which coincides with these two things.
Then study what kind of such businesses are already in the market and how do they run. For example, imagine if you love adventure sports like river rafting that’s the first thing then the second thing is how can you give benefits to people then here you can start an adventure sports company. If this satisfies you then look at what all kind of adventure sports company already exists in India. How do they function, study them, call and ask them about their business and study their business model.