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Asav Patel

Business Idea on Low Investment in India

You can read my article on this.

Business Ideas with Low Investment in India

In the above article I have mentioned in very detail that how you can start your own business in India with Low to No investment at all. Well, yes. It is really possible to start your own Business without any investment at all.

I am talking about starting your own Internet Business. This requires very low to even ni start-up capital to start. In fact, this blog business has been started without any investment of money in March 2008.

I started this blog as an investment of my free time. And you can see the results in just 2 years.

In just 2 years, this Blog has become authority blog in the Personal Finance, Business & Investing Niche.

So think of starting your business online if you have low start-up capital to invest in your business. India is a very huge country having lots of money making opportunities online.

What I like about the web businesses is that, it doesn’t require any manpower to run it and it works 24/7 even without your presence. You will have to work hard at once only to start your online business. After that you can work on your business according to your convenience of time and place.

While this is not the case of offline businesses. In case of Offline Businesses, you will require a man power to run it without your presence and this will add lots of start-up expenses which makes many online businesses non-viable.

So start your own online business because it requires low to no investment at all. All you require is the investment of your time.

Asav Patel

New Business Idea Without Investment in Delhi

Do you want to start your own business in Delhi but don’t have any start-up capital to start your own Business? Well, in that case don’t worry. I have a new business idea for you that you ca start without any investment in metro city like Delhi.

Well, I am talking about the Internet Business.

Well, yes.Internet Business is the only Business that you can start without investment of any money. Of course, you will have to invest lots of your time. But well, it’s worth it.

Take the example of this Blog. I have started this blog out of scratch without any investment of money. I started this blog in March 2008 and today this blog is a full fledge business which is generating regular monthly income for me.

This is the advantage of the Information age and starting your own Internet Business. You require minimal to no Investment to start your own web business.

You just need an idea to start your business and a website/blog. And you can start your own business from your home and compete the fortune 500 companies from all around the world.

Delhi is a metro city and one of the most costly city of India and that’s why it is almost impossible for the start-up entrepreneurs to start their own business with small investment as the prices of the real estate are sky high.

But well, this is not the case of the internet business. You can start your own online business without any investment in just few minutes and start making money from it.

And this is the reason I advise the young generation to start their own online business without investment of any money.

Asav Patel

Small Investment Business Ideas in Bangalore

Bangaluru also known as Bangalore is the Capital of Indian state Karnataka and its the Metro city of India. It is also known as “Silicon Valley” of India.

Here are the few amazing facts about Starting a Small Business in Bangalore.

Low Investment Business in Bangalore

I receive several queries from Bangalore every week regarding starting a business with small investment in Bangalore. This is the commonest concern of people of this era.

Just 2 decades ago, it was really easy and cheap to start a new Business in any state and city of India. This is because the Real Estate was really cheap and anybody could afford the real estate at that time.

But today, the price of real estate and other assets is sky high. So it is almost impossible to start a new business with small investment in cities like Bangaluru. But well, there is still one business opportunity that doesn’t require very small start-up capital and anyone can start it from his/her home only.

Well, I am talking about the Internet Business.

You can start your own Online Business out of Scratch with just few hundred rupees and start selling anything to people around the world.

The best thing about Online Business is that You can do any kind of business in any industry online. Just like Industrial age offline businesses, you can do anything online.

Means starting a simple blog to advanced goods and services related website with shopping cart and even more. You will also require very less to no manpower to run your online business. This is because everything is automatic and online so works even in absence of you day and night.

So if you want to start a small investment Business in Bangalore then start your own Internet Business.

Asav Patel

Low Investment High Return in India

Many people ask me that, How to achieve low investment high return in India? Well, There are several asset classes in which you can invest your money to get good returns such as fixed deposits, mutual funds, stocks, real estate, businesses, gold and many others.

But in my opinion, Business is the best asset class to achieve low investment high returns in India in the long run specifically the Internet Businesses.

If you want to achieve high returns from the low investment in India then think of starting your own Internet Business or investing in web properties such as Domain names, Blogs, Forums and websites.

You will find web properties for sale on online marketplaces like Flippa.com. The web properties have great potential to appreciate in a very short period of time. This is because the valuations of the web properties is related to the level of web traffic it receives and the entire world is connected with the internet today. So you can imagine that how big the potential for appreciating the web properties.

I have seen many Entrepreneurs around the world who are literally making 6 figure income in dollars every year from their internet businesses. And this is only from the investment from just $ 10 per year and few bugs a month of web hosting fee.

Thus, if you are searching for the low investment but high return business and investments in India then start your own Blog, Website or Forum Business.

Because of the low start-up and operating cost of the internet businesses, they give the ultra-high returns over a period of time. And this is the reason I advise young generation to have their own online business.

Asav Patel

Business Ideas Kolkata

Kolkata is a Capital of Indian State West Bengal. It is the metro city and there are literally hundreds of business opportunities in Kolkata. In fact, read my Recent post

Small Business Ideas in Kolkata

In the above post, I have posted several business ideas that you can start in Kolkata. Well, the above are the small business ideas. But well, you can start big also.

Kolkata is a city of opportunity. You can start offline as well as Online Businesses in Kolkata. Both of the businesses have hyge scope in Kolkata.

If you have low start-up capital then start the internet business. I personally advise the young entrepreneurs to start the internet business as there are several advantages of it. One is it requires almost no capital to start your own internet business. Second advantage is that it requires minimal manpower to run your internet business.

You can sell virtually anything online to people of Kolkata and the entire India from your home only. This is the main advantage of starting your own Internet Business.

What I don’t like about the traditional industrial age businesses is that, they are associated with lots of operating and start-up costs and that’s why for most of the starters, it become almost next to impossible to run their business for first 5 years.

While Internet Businesses can run even without your presence, without man power and without much operating cost. So think of starting your own Home Based Online Business in Kolkata.

Asav Patel

Investments for Beginners in India

Are you a Beginner for Investment? I mean have you never done Investments in the past and today you want to invest your money first time in India? Then this article is for you. In this article, I will teach you that how you can start investing as a beginner in India?

Well, there are several investment options available in India such as Stocks, Bonds, Gold, Real Estate, Mutual Funds, Businesses, Art and many other things.

However, if you are new to investments then I will advise you to start investing in the mutual funds. For beginners, Mutual Funds is a good start.

Start investing in some good Equity diversified mutual fund having a past record of good performance via SIP. SIP means Systematic Investment Plan means here you start investing regular monthly amount of installments in mutual funds.

You can invest as low as Rs.500 per month in SIP. For beginners mutual funds is the best investment to start with as it will impart discipline in your life by regular savings and investing and as everything is managed by professional fund managers, you will achieve maximum returns from your investments.

Second best investment for beginners is Gold. You can invest in Gold either in physical form or via Gold ETFs.

Many beginners ask me that how they can start investing in the real estate? Well, if you are a beginner then I advise you to don’t start investing in the real estate first. This is because real estate investments demand huge capital to invest as well as there are lots of unregulations in the Indian real estate market.

So it is better to start with Mutual Funds and Gold ETFs if you are a beginner. You can also invest in Post office savings schemes, PPF and Bank Fixed Deposits if you are a beginner.

Another great new investment opportunity in India is Online Assets. I am talking about Domain names, Websites & Blogs. Well, yes. They are the assets and people invest in it for huge profits. So if you are a beginner then I advise you to start from Domain Flipping – means buying and selling domain names.

Later on you can invest in Websites and blogs. So this is all about the Investments for Beginners in India.

Asav Patel

New Business Ideas to Start in India

India is world’s second largest country population wise and that’s why there are lots of markets and business opportunities in India. Over a 1 Billion population of India has several kind of people with several types of needs.

And this is the reason why you can start virtually any type of Business in India and make fortunes here. People ask me that which business they should start in India?

Well, basically you can start two types of businesses in India.

01) Offline Businesses

02) Online Businesses

Offline Businesses are the traditional industrial age businesses which require large infrastructure, equipments and huge manpower to run it. There are total 26 states in India and all the state have different varieties of businesses over there.

There is also a huge scope for Online Businesses in India. Take the Example of this Blog. This Blog is my Online Business which I had started in March 2008 and today this blog is making lots of money every month.

This is because the web traffic of India is growing day by day and in the next decade it will be tripled. So it means that lots of business opportunities online.

Now, if you are asking about new business ideas in India then the Internet Business is the new business idea for the next decade in India.

Well, Yes. There are lots of Online Businesses that you can start from your home and target the population of the entire world from your home by your website or a blog.

Blogging, Website Business and Forums are just the few examples of the Online Businesses. You can start virtually any kind of online business from your home.

During the next decade, the whole India including small villages will be connected with the Internet thus the entire potential of the internet will be fully unlocked.

So if you want to start your own Business for next decade then start the Internet Business.

Asav Patel

 

New Business Opportunities with Low Investment in Hyderabad

First of all Read my following Article,

Low Investment Business in Hyderabad

Hyderabad is the Capital of Andhra Pradesh State of India. And there are lots of Business opportunities in Hyderabad. Well, let me tell you that Hyderabad is world’s Top 100 richest city around the world. So there is a scope for any kind of business in Hyderabad.

But well, the thing here is that How to start a business with low investment in city like Hyderabad? Well, I have two suggestions for you.

01) Start Small – Well, when you start small, you will have full control over your business as well as you can provide best service to your customers. Many people argue that, they want to start a big business. But well, any Business is small at first and later on grown to the new levels and becomes big. So starting small with low investment is the key of building a successful Business.

02) Start Internet Business – Now, What if you have very low capital or almost no capital to start your business in city like Hyderabad? Well, in that case start the online business. I am talking about website or blog business.

Take the Example of this Blog. I have started this Blog in March 2008 without any investment of money (Of course I had to invest my lots of time). My only investment was my Internet connection and today this blog is generating good cashflow for me.

This is the advantage of starting the internet business. Means here you will need very small start-up capital and almost no manpower to run it. And that’s why you can reduce the operating cost of your business markedly.

This is the reason why now a days, people prefer to start their own Internet Business. This is because they can run it from their home only and target the any market from all around the world.

Asav Patel

Business Ideas for Rural India

Since past couple of weeks, I receive queries from people from Rural India on my e-mail and phones like which are the business ideas for people living in rural India? How people from Rural India can start a business with low investment and achieve high returns? And many queries like this…

Well, I am really surprised that, now people from rural India can communicate with me via Internet. This shows that the internet penetration in Rural India is increasing day by day.

Well, if you ask me than I personally divide Business ideas for Rural India in 2 groups.

01) Offline Business Ideas

02) Online Business Ideas

Well, there are several offline business ideas that you can start in rural part of India and still become a successful entrepreneur and the business owner such as agricultural related products and services business ideas, food packaging, small home based business…etc..

But well, I am personally more admirer of Online Businesses. This is because there are several advantages of starting an online business. Say for Example, This Blog.

This Blog is my internet business which I had started from my Hostel while doing my Post Graduate course in MS-Ophthalmology at D.Y. Patil Hospital, Kolhapur. The best thing about the internet business is that you can start it with very low capital, without any or minimal manpower and from your home.

You just need the internet connection and that’s it. You are ready to start your own Internet Business and start selling anything to the entire world. Not only this but over the next decade the internet penetration in India will increase like anything which will cover all the small, medium and large size city and villages and that’s why the opportunities will be immense.

If you have any query about starting online business from your home than put your all kind of queries on my new forum – Investta.com. I will be really happy to solve all of your queries in detail.

Asav Patel

New Business Opportunities with Low Investment in Hyderabad

You can read my article,

Low Investment Business in Hyderabad

In the above article, I have mentioned several low investment business opportunities in Hyderabad. Hyderabad is the capital of the Indian state Andhra Pradesh and the Metro city of India.

Hyderabad is one of the top 100 richest city in the world so you can imagine that how big the business opportunities are there in Hyderabad.

However, starting a business with low investment is an art. It requires a lots of mind work to start with low investment capital. I personally suggest anyone to start their own Internet Business in Hyderabad.

This is because you require minimal start-up capital to start your own internet business.

And not only this but the online business requires very less to no manpower to run it. Say for Example, take the example of this Blog. This blog is my internet business and I have started it from scratch without any investment of money at all. Of course, I had invested lots of my time to develop this blog.

But today, this Blog business doesn’t require any manpower to run it. This is because it works 24/7 even without my presence. It is because everything is online.

So in my opinion, Blogging is a great online business opportunity with low investment in cities like Hyderabad. You can start a blog targeting the audience of Hyderabad city and make lots of money from your blog. There are several ways to monetize the online business.

Anyways, so what are you waiting for? I have give you a clue to start your own business in metro city like Hyderabad with no investment. Then Go for it…!!!

Asav Patel

New Business Ideas with Low Investment in India

India is world’s second largest country having population of over 1 Billion. This shows that there are literally thousands of business and money making opportunities in India.

There are lots of markets developed in India since ancient time. Many people ask me that how they can start a new business in India with very low Investment? Well, first of all let me tell you that, it is really possible to start your own business in India with low investment,

Of course, in Metro cities of India, it will be very costly to start your own Business out of scratch but well, still it is possible to start a business with low investment in India.

Read my Article,

Business Ideas with Low Investment in India

In the above article, I have mentioned 3 basic ways to start your own business with low investment in India. Among the 3 ways, I simply love the idea of starting your own Internet Business.

This is because over the next 2-3 decades the Internet population of India will flourish like anything. As the Internet penetration will increase, lots of online business opportunities will be developed.

You just require a domain name and a web hosting plan to start your own online business and you are now ready to target any market of the world from your home. It is that much easy.

If you are in your young age then I advise you to start your own Internet Business. This is because you can start it with very low investment and grow it like anything.

There are lots of new business ideas that you can find for your internet business. So start it now.

Asav Patel

Local Mumbai Business Ideas Low Investment

Mumbai is India’s Largest Metro city and the financial Hub and the Capital of Maharashtra State. There are lots of Business Opportunities in Mumbai.

However, keep in mind that Mumbai is world’s one of the costly city in the world. So starting a business of your dream may not be low cost. You may have to invest lots of money to start a new business.

But well, this doesn’t mean that you can not start a business with low investment in Mumbai. It is the Entrepreneurs mind which will decide that how to start a business with low investment in city like Mumbai.

I have seen lots of entrepreneurs in Mumbai who have started small and later on grow it to a large empire. Just Dial is one such example which was started with just Rs.50,000 of seed capital and today it is 300 crore of Business.

So the key here is to start small. There are so many advantages of starting small. One is you won’t require huge capital to start small.

Another advantage is that when your business is small, you can manage its every aspect by yourself. You can also give attention to your each and every customer personally when you start small.

Later on you can grow it to a huge empire. I divide Businesses in two categories which you can start with low investment in cities like Mumbai.

01) Offline Business Ideas

02) Online Business Ideas

There are lots of offline businesses that you can start in mumbai with low investment such as Restaurants, Pet foods, Food Packaging, News paper Distributor, Magazine Distributor, Local vendor, Electronics, Video Library, Book Shop, financial consultancy and many other things.

You can also start your own online business. What I like about Internet Businesses is, you can start your own Internet business with very low start-up capital and sell anything to people of Mumbai as well as all around the world.

The Internet Business is one which you can start from your home also. Thus, there are several business ideas that you can start with low investment in Mumbai. All you need is to keep open your mind to spot the various Business opportunities.

Asav Patel

New and Innovative Business Ideas for Starting any Business at India

Let us today discuss about new and innovative business ideas that you can start in India. Well, In past two and half years, I have posted hundreds of great innovative business ideas on MJ2BC. Here is the compendium of all of those articles.

Innovative Business Ideas India

I divided business ideas in two parts.

01) Offline Business Ideas

02) Online Business Ideas

Offline Business ideas are traditional industrial age business ideas where you require a manpower, real estate and industrial age infrastructure to start your own business.

While Online Business Ideas are those for which you require just the online space (Website or a blog). There are literally thousands of opportunities in India. You can start virtually anything online or offline in India and become a successful in it.

In fact, I have also launched an online discussion forum where you can discuss all kind of business ideas and investment opportunities with people like you from India and from all around the world – Investta.com

If you want to discuss any type of business idea in any small to large city of India than post your query on Investta and get the answer of your queries.

I advise you to keep open your mind and always analyze the various needs of people in different niches and markets. And believe me, you will find your own new and innovative business idea by doing so.

Finding a Business idea means finding a need of people in the various markets and delivering them the solutions. If you can understand this psychology than you can make a successful business from your idea.

Asav Patel

Investment Ideas for Housewives India

Are you an Indian Housewife and want to start investing your saved money? Well, than this article is absolutely for you. In this article I will tell you that how you can invest your money in various things for better returns in India?

01) Fixed Deposits -

You can invest your money in Bank FDs. FDs are the safest investment vehicles to invest in India. Simply walk to your nearest local branch of any bank and apply for the fixed deposit.

02) Mutual Funds SIP -

If you don’t want to invest lump-sum amount of money but want to invest small amount of money every month than the mutual fund SIP is the best way to do so. Start SIP in some good equity diversified mutual funds and invest fixed amount of money every month in it. Over the time, the equity will give you best returns on your investments.

03) Post Office Savings Schemes -

You can invest in Post Office Savings schemes. There are literally half a dozen variety of post office savings schemes in which you can invest your money as a housewife and earn greater returns than the fixed deposits.

04) Start Blogging & Invest your time -

Who says that you need only money to invest? If you don’t have money to invest then you can invest your time and still make money from it. I am talking about starting your own blog around your passion and earning from it. In fact, “My Journey To Billionaire Club” is the investment of my own time. I started this blog in March 2008 to invest my free time to educate people about money and finance and today my this investment of time is paying me the highest returns.

Thus, all of the above are the best investment ideas for housewives in India. So Don’t wait any more and start investing your money right now.

Asav Patel

New Business Ideas Pune

Pune is the eight largest metropolitan city of India and situated in Maharashtra state. Pune is the Educational hub and the IT Hub of Maharashtra after Mumbai.

There is a huge scope for Educational services and Education Industry ventures in Pune. If you want to start your new business in Pune than give the first priority to Educational services related business which may be professional or non-professional education.

Pune is the second highest per capita income city of India after Chandigarh. India’s largest Engineering Conglomerate Kirloskar group is also from Pune.

There is also a Rajiv Gandhi IT Park in Pune. And there are several hotels and restaurants in city. So Pune is a great place for following businesses to start with.

Pune is also the largest automobile related services city of India. So you can start your new business venture in Automobile Industry also.

- Educational Services

- Automotive Industry

- Engineering Goods & Services

- IT & Software related services

- Food & Hospitality sector

Thus, all of the above 5 are the greatest industries in Pune in which you can start several varieties of new small to large businesses. There is a huge market for all of the above businesses in Pune and that’s why starting a business in any one of the above sector means you are almost success from the first day of your launch of your business.

Many people ask me that which business should youngsters start in Pune? Well, youngsters can start their own Internet or Software related business as well as food industry related business with low start-up capital and make their fortunes in Pune.

Asav Patel

Best Investment Ideas in Hyderabad

Hyderabad is the sixth largest metropolitan city of India. And it is the capital of Andhra Pradesh State of India. So you can imagine that how much business and investment opportunities are there in Hyderabad.

The main advantage of Metropolitan city is that, it has lots of investment opportunities. Hyderabad is also known as city of pearls, Minars, Nizams and Lakes.

Hyderabad is the 93rd richest city in the world and the sixth richest city in India. And there are lots of high net worth and rich people living in Hyderabad so you can imagine that how many Investment opportunities are there in Hyderabad.

Here are the various Investment Opportunities in Hyderabad.

- Information Technology Sector

- Bengals

- Silverwares

- Artifacts

- Jewelry

- Paintings

- Stones

- Small Businesses

- Food

- Real Estate

Thus, all of the above are the best investment opportunities in Hyderabad. And yes, there is a huge market for all of the above things in Hyderabad. And there are lots of Rich and High Net worth people in Hyderabad so you can imagine that how well the investment opportunities are there in Hyderabad.

Stones, Jewelry, Paintings, IT Businesses and Real Estate are the great investment opportunities in Hyderabad. And you can invest your money in any of these assets and it will give you best returns in the long run.

Hyderabad is a city of nizams and wealthy people since centuries and you will find lots of investment opportunities in Hyderabad. So if you are planning to invest in Hyderabad than don’t miss such a great investment opportunities.

Asav Patel

Small Business Ideas in Kolkata

Kolkata is the Capital of Indian State West Bengal. Kolkata is the cultural capital of India and the commercial capital of Eastern India. It is located in eastern India on the east bank of the Hooghly River

Kolkata is the largest Business and financial hub of Eastern India and it has a stock market – Kolkata Stock Exchange which is India’s second largest stock exchange.

There is a huge scope of small businesses in Kolkata. Let me give you one example of it. In the year 2005, Roadside Hawkers have generated Business worth of Rs.8700 Crores.

There are more than 275,000 hawker generated small businesses in Kolkata. And that’s why I say you that there is a huge opportunity for small businesses in Kolkata. You can start selling virtually anything and there is a huge market for anything in Kolkata.

Kolkata is a city of large number of unskilled, semi-skilled and blue-colour labour force. And that’s why you can start your own business with very cheap labour and with small stat-up capital.

Recently Kolkata has also become the Information Technology Hub and that’s why you can also start your own Software related business in Kolkata.

Thus, in my opinion, the sky is the opportunity to start any kind of small business in Kolkata. And you can later on grow it to a huge fortune 500 company later on. There are also lots of Industrial units in Kolkata.

Thus, over all it is a hub to start Industrial age as well as IT Sector Businesses. So What are you waiting for? Start your own Small Business in Kolkata right now and start making money.

Asav Patel

Start Your Own Online Business in India

Whenever I go, people ask me that Which kind of business you suggest to people of India? Well, I personally suggest Indians to start the Internet Business.

And there are several reasons for that. One reason is, it requires low to minimal start-up capital and a manpower to start it. This is very important. This is the one and only major entry barrier which prevents people to start their offline business.

In the real world, all the assets such as Man power, Real Estate and Business Equipments are getting more and more costly and that’s why to a newbie it is next to impossible to start a new business in the offline world.

But in case of the Internet, you can start your own online business without investing much money. The best part about online business is that you can start it from your home without the hurdle of anyone and that’s why you can grow it without the hurdle of anything.

Another advantage of the internet business is that, there are literally over a billion people around the world who access the internet and that’s why Internet is a huge money making opportunity and a huge space to expand your business like anything.

Thus, if you are young than in my opinion you should start your own internet business as early as possible means now. This is because it will take a time to grow your internet business and start throwing some positive cashflow.

The earlier you start your own business online, the richer you will get. And Believe me, There is a huge scope for Online Businesses in India. So start it early.

Asav Patel

How to Start a Blog Business in India and Make Money Online?

India is world’s second largest country after USA web traffic wise. After USA, the second largest web traffic on Google comes from India. This shows that how potential the Indian online market is.

In this Article, I will teach you that how exactly you can start your own Blog Business Online from your home in India and start making money from your blog.

Free Versus Paid Blogging

There are basically two types of blogging – Free and paid. Free blogging is one which is on the free blogging platforms like Blogger.com and Wordpress.org

You don’t need to pay anything. You just have to open a new account with any of the above services and you can start blogging right now. In fact, “My Journey To Billionaire Club” was started on Bolgger’s free platform and right now it’s on private domain name.

Now, the question is that, Should You start from Free blogging platform? Well, preferably not. If you have start-up capital say around Rs.10-15k than start from paid blogging.

What are the things required to launch a Blog?

01) Domain name – This you can buy from GoDaddy.com or NameCheap.com for just $ 10 (Rs.500) per year of nominal fee

02) Web Hosting Plan – Buy a Web Hosting Plan from HostGator.com which will cost you $ 5 (Rs.250) per month. There are several Free web hosting plans available on the internet, but I will advise you to go for your own web hosting plan to have a full control over your blog business.

03) Wordpress Blogging Software – FREE. This you can download from woerpress website for free and install on your web host and start your blogging right now.

How To Start Small – for Indian Entrepreneurs

Sometimes it is not possible for everyone to start a blog business on the private host. In that case, I advise you to start your blog on Blogger’s free platform with GoDaddy.com private domain name.

This is the most practical way to start small. You just need a Domain name to start your own blog business and use Blogger’s Free web hosting platform.

Later on once your blog business establish properly, you can anytime shift on private web host from Blogger.

This is in my opinion the most practical way to start your own blog business in Indian Scenario.

Why Private Domain Name is Necessary?

Well, there are several advantages of starting your blog business on the private domain name. One is, it will look more professional. Second is, Private domain names are indexed by the search engines very well and help you to attract more natural web traffic from the search engines. And the third is that, private domain names are considered more trustworthy than the XYZ.blogspot.com or XYZ.Wordpress.org like sub-domain names.

Free Versus Paid Web Hosting Plan

There are literally hundreds of websites which offer you free web hosting plans. But well, Paid Web hosting plans have several advantages. One is, they come with unique IP addresses which are really important for the search engine rankings.

Another thing is that the paid web hosts remain up 24/7 so that during the peak hours your blog doesn’t go down. And there are many other advantages of the paid hosting.

Thus, This is how you can start your own Blog Business in India from your Home.

What if I don’t have Credit Card to Make Online Payments to Buy Domain Names & Web Hosting Plan?

This is the very common query that people ask me. Well, if you don’t have credit card than better to apply for one. And still you don’t get it than buy a domain name from Indian services like Rediff Domains or Indiatimes Domain names and pay in Indian rupees via Cheque.

In the future, you can anytime transfer your domain name to GoDaddy.com once you have credit card with you.

Asav Patel

Start Your own Internet Business in India – GoDaddy + HostGator is the best combination to start your own Business Online in India

India is still in very nascent stage of online businesses. Many few people in India earn their living on the Internet Business income. But well, let me tell you that the Internet Business can be your steady source of Income which can provide you endless passive income for the rest of your life for one time hard work only.

The obvious very basic question is that Which Domain name and a Web Host Plan to buy if you want to start your own Internet Business in India?

Well, in my opinion, GoDaddy.com Domain name and a HostGator.com web hosting plan is the best combination to start your own online business in India.

How to Buy a Domain Name and a Web Host Plan without Credit Cards?

I have seen that most of the people in India still don’t have any credit cards by which they can do the online payments. And this is the main entry barrier that prevents many entrepreneurs all around India to start their own web business.

Well, if you don’t have credit card than go and apply for the credit card first. Because this is the most important thing that you will require to start and run your own Internet Business from your home.

But well, if you still can’t get approved for the credit card right now because of your very young age or other thing than simply chose Indian Domain name providers like,

01) Indiatimes Domains &

02) Rediff Domains

and buy a domain name from them and pay via cheques. Later on you can transfer your domain name to GoDaddy once you have credit card.

Are FREE Web Hosts Really Worth?

The simple and straight forward answer is – No. The FREE Web hosts are not worth it because of several reasons. One is, most of them can’t handle the web traffic during the peak hours of the day and thus your website/blog will be in accessible to the visitors during the peak hours.

Second thing is that, FREE Web hosts have single IP address on which there are literally hundreds of websites running. and that’s why if something goes wrong with one website, than your website/blog will also be penalize from the search engines. In short, the FREE Web hosts are not worth it.

Thus, ultimately GoDaddy + HostGator is the best solution for your web business.

Asav Patel

How To Buy a Web Hosting Plan for Your Internet Business in India?

India is still in the nascent stage of Online Businesses. The Indian Online Industry has still a long way to go. Buying a Web Hosting Plan is one of the key requirement to start your own Internet Business.

What is Web Host and How it Works?

Well, Domain name is the virtual real estate of the internet. I mean domain name is like address of your real estate by which people can find you and visit your site.

While a Web Host is a physical location of your website or a blog. In simple words, a webhost is a server where all the data and information of your website lives and can be accessible via internet 24/7.

A Web Host can be in any part of the world such as in India, USA, Europe or anywhere else around the world. You need a web hosting plan once you buy a domain name to start your own web business.

FREE Versus Paid Web Hosting Plans

Many people argue that why not to use free web hosting plan? Well, there are several limitations and disadvantages of the free web hosting plans.

One such disadvantage is, during the peak hours of day, most of the free web hosts go down and that’s why visitors can’t access your website. Another disadvantage of a free web host that one single IP has literally hundreds and thousands of websites hosted on it. So if search engine penalize one website, your website will also penalize.

Just think that you are starting your own Business and the expense behind your web hosting plan is the investment in your own Business.

How To Buy a Web Hosting Plan in India? Which is the Best Web Host?

The best webhosting site in the world is HostGator.com. So I advise you to buy a web hosting plan from HostGator.com only. Their servers are located in Houston, Texas and they are excellent.

The minimum plan starts from $ 5 per month (Rs.250 per month) which is a reasonable price in comparison of the profit you will make in the future from your internet business.

Again, you will need a credit card to make a payment. The problem in Indian scenario is that, most of the people who want to start their own online business still don’t have a credit card. And this is the biggest entry barrier which prevents people to start their own online business.

So first of all, you should apply for your own credit card so that you can easily access the world class level of the services required to start your own Internet Business.

Asav Patel

How To Buy a Domain Name For Your Internet Business in India?

Many people from all around India ask me this question. This is the Information age and many Indians want to start their own Internet Business but don’t know how to buy a domain name and why to buy a domain name?

What is Domain Name & Why to Buy a Domain Name?

Well, In Layman’s language, Domain Name is the virtual real estate of the Internet. In the real world, you need a real estate to start your own business. The same thing is true about the virtual world. Here you will need a virtual real estate known as a domain name to start your own business online.

Say for Example – MyJourneyToBillionaireClub.com and Investta.com are the two virtual world real estates where I do my online Business.

How to Buy Domain Name in India?

Many People ask me this question very often. Well, in my opinion the one and only best website to buy your own domain name is GoDaddy.com.

But well, the only problem in Indian scenario is that, most of the people in India who want to start their own internet business don’t have their own credit card and this prevents them to enter into the world of the internet businesses.

Well, GoDaddy is the international website and you will have to make all the payments via credit cards to these international sites. So better to have your own credit card.

Now, What if you don’t have credit card and can’t arrange a credit card of somebody else’s? Well, in that case you can go for Indian domain name services like,

01) Indiatimes Domains

02) Rediff Domains

Here you can pay via Cheque to their local Indian rupees and buy a domain name of your choice without paying via credit card. You can pay via cheque in Indian Rupees.

However, just keep in mind that the first choice should always be the international services like GoDaddy. Because they offer much more functionality than the Indian Domain names.

Asav Patel

Things You Require to Start Your Own Internet (Online) Business in India

Many people ask me this query. In fact, right now this is the hot favourite query in India. Literally hundreds of thousands of people from all around India want to start their own Business but they don’t know that which things are the basic things that require to start your own Internet Business so let me tell you in this article in detail that what exactly you require to start your own online business.

01) Credit Card -

You MUST MUST need a credit card first if you want to start your own business online. This is because you will require to make online payments on variety of websites and without credit card, you can not make payment to the people living outside India.

Many people argue that, but there are several ways to start online business for FREE. But well, FREE things have its limitations. Don’t be too economical when it comes to start your own Business. The money you spend behind your website or a blog is your investment which will give you excellent returns in the futures so first of all apply for a credit card. And if you are not eligible to apply for the credit card than arrange someone else’s credit card so that you can make your payments online.

I receive several queries from people that how can I pay via cheque to buy a domain name or a web host? Well, this should not be your case. If you are serious to start your own online business then simply get your own credit card.

02) Domain Name -

In the real world, when first time you want to start your business, you need a real estate on which you build your business right? Well, the same thing is true about the web business. Here the Domain names are the real estate of your internet business. So first of all you need to buy your own domain name from services like GoDaddy.com or Namecheap.com. You will require to make payments online and for that purpose you will need a credit card.

Many people ask me that tell me the name of Indian domain name providers where we can pay via cheque. Well, in my opinion, buying a domain name from world class services like GoDaddy.com is very essential for your own online Business because you will have more control on your internet business that you will understand later on.

03) Web Host -

Now, you require a Web Host. A Web host is a physical server location anywhere around the world where the data of your website/blog stores and stay online 24/7 and people can access it anytime.

There are literally thousands of Free web hosts online and people argue that why not to go for free web host? Well, the only limitation of free host is that, most of them don’t stay uptime all the time means your website may not be accessible to the visitor during the peak hours because of the heavy web traffic during the free servers.

And if you are really serious about starting your own Online Business than you must have your own web host preferably HostGator.com

The minimum web hosting plan starts from $ 5 per month and that is Rs.250 per month and in my opinion, it’s fairly reasonable rate and consider it as the investment in your own business which will give you excellent returns over a period of time.

Here also you will need to make payments via your credit card.

04) Website or a Blog -

Now, the main question comes and that is do you want to start a blog business or a website business? First of all decide that weather you want to start your own blog business or a website business? A blog is something like this where posts are arranged in chronological order. And a website is something where all the content is static which does not update on regular basis.

If you want to start a blog business than go for Wordpress.org FREE blog software otherwise go for Joomla – A Website builder.

05) A Complete Business Plan -

Most of the start-up online ventures fail because their founders don’t have any perfect business plan. You need a complete and clear business plan and clear thoughts in your mind about your business. Say for example, the basic goal of this blog is to teach people everything about money, finance, business, investing and entrepreneurship and that’s why all the content which is created on this blog is around the money and personal finance. So first of all take a paper and pencil and make a list of things that you want to do via your online business. Say for example, do you want to sell something? If yes than what will be your target market? How will you market your website? How will you beat your competitors and many other fine aspects of your website business.

So keep in mind these 5 things before starting your own online business in India. All of the 5 things are very important that you will require to start your own Internet Business in India.

If you have any query than feel free to discuss on the forum Investta.com. I will personally answer all of your queries over there.

Asav Patel

What is the Difference Between EMI & Pre-EMI – Which is better?

This article is all about the basic difference between EMI (Equated Monthly Installments) and Pre-EMI. Most of you have heard about the EMI but very few of you may have heard about Pre-EMI. So in this article, we will discuss everything about EMI & Pre-EMI.

What is EMI?

EMI means Equally Monthly Installment. Whenever you take a loan, the entire loan amount including interest rate on it is divided into equal parts that you have to pay every month over a period of loan tenure say for example 2 months, 30 months, 60 months or so.

Thus, the entire loan amount plus the interest on it is divided into the equal amount of monthly installments which we call EMI.

What is Pre-EMI?

Sometimes what happens is, the Real Estate project is not completed. Say for Example, you book your apartment in Mumbai with a builder which is under construction and finished on 2010. Than you ask your bank not to disburse the entire amount to your builder but ask your bank to disburse the amount in installments to your builder according to the stage of the project gets finished.

This is known as Pre-EMI.

The partial disbursement will happen like when the builder completes the first four floors for the first disbursement and the next stage of disbursement will happen after completion of the eight floors. These are the agreements between bank and builders based on bank’s decision.

Here the pre-EMI term comes into the play. The real loan repayment will start only when the entire loan amount is disbursed to the builders. While the bank is doing the partial disbursement, you will have to pay the pre-EMI, that is only the interest accrued on the disbursed money.

Asav Patel

What is the Difference Between ELSS and Equity Oriented fund?

Many investors have this query. They basically don’t know the difference between ELSS and Equity oriented mutual funds. So let us discuss in this article that what is the difference between both of them.

Well, the basic difference between the both of these two is that, ELSS funds have a lock-in period of 3 years while Equity funds don’t have any lock0un period.

So you can not exit from ELSS funds 3 years before the date of initial investment in it. And the second difference is that ELSS funds are the tax saving mutual funds so anything that you invest in the ELSS funds up to the maximum limit of 1 lakh will be tax deductible under Section 80c.

So ELSS are the one of the best tax saving options. Both are basically equity mutual funds only and work in the same manner and give the same returns in the long run just like any other equity fund but the only difference is the lock-in period and tax exemption of ELSS funds.

Asav Patel

The Difference Between LIC Amulya Jeevan Versus Anmol Jeevan

Well, LIC Anmol Jeevan and Amulya Jeevan both are the Pure Term Life Insurance policies, the only difference between the two is that, Anmol Jeevan is the term insurance plan to have a cover of maximum up to Rs.25 lakhs while Amulya Jeevan is the term insurance plan where you will have to take Minimum Rs.25 lakhs of insurance cover and there is no upper limit for it.

Thus, this is the only difference between Amulya Jeevan and Anmol Jeevan. As both are the term insurance plans, they don’t have any maturity benefits. But you will have to combine them with the Equity Mutual funds or PPF to maximize your returns.

These are not the ULIPs so they are safe. These are pure life insurance policies which mainly cover your life. So there is no harm in getting any one of them according to your insurance needs.

If your insurance need is less than 25 lakhs than go for Anmol Jeevan otherwise go for Amulya Jeevan.

Asav Patel

How Much To Invest to Get 10 Lakhs in 5 Years?

This is one of the common question that people ask me. Well, you need a compound interest calculator. We will plan to invest your money in some good equity diversified mutual fund having a past record of good performance of more than 5 years and we will expect the return from Indian equity 20% compounded annually in the long run.

Well, I have run the compound interest calculator for you and here are the numbers.

If you invest Rs.1 lakh every year for 5 years than at the end of the 5 years, it will become Rs.10 lakhs.

However, remember that we have taken the very ideal scenario means we have considered the return from Indian Equity 20% annually but well, it is quiet possible that in a short period of 5 years, the Indian equity may not give you this much of great returns so to be on safer side, it is advisable to invest for at least 10 years in equity to achieve excellent returns from equity and also to invest slightly more than 1 lakh in Indian equity so that if it doesn’t give you 20% return, you will still end up with 10 lakh of corpus.

Always expect realistic returns from the Indian equity say 15-20% annually.

Asav Patel

How Much To Invest to Become a Millionaire in India?

A Million dollar means $ 10,00,000 which means Rs. 5 Crores in India. Now, this is one of the most commonest question that people ask me and that is how they can become a millionaire in India?

Well, it is really possible to become an Indian Millionaire in one single generation without the support of your parents or any one.

I have run the compound interest calculator and I came up with the different results. Well, we will assume that you are investing in some good equity diversified mutual fund having a past record of good performance of more than 5 years and we will expect the return from Indian equity 20% compounded annually.

Well, first of all the main thing to become a millionaire is – Start Early.

The earlier you start, the more time will work in favour of you to grow your investments by the power of compounding. So I advise you to start in your twenties or even earlier if possible. But well, if you are in your thirties and forties and still haven’t started investing your money than don’t worry, you are never too late. The best time to start investing is now.

Well, if you start investing Rs.1 lakh every year in Indian Equity via good Mutual funds and expect 20% annual return in the long run than you can become a millionaire (Net worth 5 Crores) after 25 years.

It will take 25 years to become a millionaire at this much of investment and return every year. However, if you invest more amount of money, you will become a millionaire faster.

It is that much easy to understand. But well, if you never invest your money, you can never become a millionaire. It is that much simple thing. And yes, you will have to start early to achieve this much of wealth in your life.

Asav Patel

New Indian Rupee Symbol

Indian Rupee has now its own Symbol

The above is a new Indian Rupee symbol that the government of India has announced very recently. It’s just like Dollar Symbol – $.

So now, we will have our own Indian Rupee Symbol given in the photograph.

The Rupee symbol is a blend of the Devanagri 'Ra' and Roman 'R' and is meant to provide a distinctive character and identity to the currency.

Do you know that What is the great thing about this event? Well, Only four currencies in the world have their own symbol right now and the Rupee is the fifth.

01) Dollar

02) Euro

03) British Pound

04) Japanese Yen

05) Indian Rupee

This is really a great revolution in the Indian Finance sector. This is really a global foot print in the world financial markets by India.

The new Indian Rupee is a Design by IIT Graduate Mr. Udaya Kumar. Here is a Video of his interview.

Several people from India were invited to make a symbol for Indian Rupee but the only one Symbol has been selected which is acceptable to the Indian culture.

This is really a great thing. Now, the Indian Rupee has its own Symbol. And soon it will be in computers also.

Asav Patel

How Much Time Do People Spend Planning Retirement?

What Do you think that how much time the average people spend every week, month or year to plan their retirement? Well, not much. An this is the reason most of the people can’t become financially free at the time of retirement.

While people who become financially independent after their retirement typically have spent hours and hours every week and month to plan their retirement.

They plan every aspect of their retirement such as how much corpus they will need after their retirement, how much expenses they want to do after their retirement and many more.

And according to it, they plan their financial goals and various retirement needs. So in my opinion, if you want to retire peacefully without any financial worries than start planning your retirement right now.

What many people argue that, they are still in their thirties and what is the need of planning so much early? But well, the earlier you start planning, the more easy it will become later on.

Several studies have also shown that the more time you spend behind planning your retirement, the more retirement corpus you will make and more peacefully you can retire without financial worries.

So what I advise you is that, every week give few hours to plan your retirement. Sit with paper and pencil every weekend and thin and plan your retirement goals, investment strategies and every other financial aspect of your retirement. Believe me, this strategy really works.

Asav Patel

How Much Money Should I Spend on a Car?

This is one of the commonest question in Personal Finance. Well, Let me tell you that how much rich people spend on their cars.

Well, according to the various studies done on several millionaires and wealthy people from all around the world, it shows that the rich and wealthy people never spend more than 1% of their total net worth behind cars.

Say for example if somebody is a millionaire than he won’t spend more than $ 10,000 (1% of his total net worth) behind the car. A car is not your asset but your liability.

A newly bought car will lose almost 60% of its value within first 4 years you buy it. While Assets become more and more valuable as the time passes.

Than who are those people who drive expensive and luxurious cars and buy a new automobile every 2-3 years? Well, most of them are not the true rich and wealthy people. They are the high income producing Upper middle class who live paycheck to paycheck.

They are the high income earners and spend everything behind maintaining their lifestyles and they just look cool and rich but in reality, they are not.

The true rich people are those who first grow their wealth and than buy luxurious automobiles from their wealth which is never more than 1% of their total wealth.

Asav Patel

How Much Money has been printed by US Government since 2000 and in past 3 years?

See the above Diagram. The above diagram is of US Monetary base. In simple language, it is the money in the circulation. Up to mid 2008, the US Government has printed US $ 870 Billions in the economy since past 100 years.

Whenever someone takes a debt (Individual, Corporate or the Government), the new money is created in the economy and when you pay off your debts, the dollar disappears.

If all the Americans pay off all of their debts, the modern money will disappear. But in the mid 2008, to over come the Recession the US Government has printed literally US $ 1.2 Trillion dollars in the economy out of thin air.

Now the US Monetary base is almost $ 2 Trillion from just $ 800 Billion. And this much money has been printed out of thin air only.

The problem with this newly printed money is that, it will dilute the purchasing power of the existing money in the circulation worldwide. Right now this newly printed money is sitting in the bank reserves but when the US government will start lending money again, the Hyperinflation will affect all the currencies of the world.

Asav Patel

How Much Money Do Americans Spend on the Internet?

Americans are the consumers and they spend lots of money online every year for shopping and various other purposes. There are literally hundreds of online market starting from physical products like that of available on the Amazon.com to Digital information products available on the ClickBank.com website.

Americans spend literally billions of dollars every year online for various kind of products and services. And this is the reason, Online Business is a great money making opportunity for you.

You can sell literally anything in any niche to anyone such as Gambling, Mobile Phones, Digital products, Christmas products, Fashion accessories and literally hundreds of thousands of other things.

Internet is the best medium to start your own business. You just need a website or a blog and you can start selling anything to whole of this world.

No matter in which part of the world you are. But with the help of the internet, you can sell anything in any niche to people of America. Americans are the highest spending people in the world who spend highest amount of money every year behind various kind of online products and services.

Asav Patel

How Much Loan Can I Get From my LIC Policy?

Well, this basically depends on the maturity value of your LIC Policy, the number of years remaining for the maturity and the number of years since your policy is alive.

The amount also varies from bank to bank.

So better to ask the your bank. Simply go with your nearest bank with your LIC policy details and ask them that how much loan can you get on your LIC policy.

You can also ask your LIC agent about the same. Your LIC Agent is the right person to tell you everything about such kind of details. So simply call your agent and ask for it.

Asav Patel

How Much Do I need to save to get 10 Crores in 20 years?

Let us today discuss that how you can make 10 crores in 20 years by regular saving and investing. Well, 20 years is a long time horizon and we will consider Equity as our preferred asset class for this much of long time horizon.

We will consider the long term average returns from the Indian Equity 20% compounded annually and we will invest in 2-3 equity diversified mutual funds having a past proven record of good performance of at least more than 5 years.

I have run the compound interest calculator and come up with the following results.

- Well, according to the compound interest calculator if you invest Rs.5 lakhs every year in some good equity diversified mutual fund than after 20 years it will be Rs.10 crores.

This is the simplest and most convenient way to make 10 crores in 20 years by investing.

However, if you want to take more risk than you can start your own business out of scratch and put your time, efforts and energy to grow your existing business and after 20 years sell your entire business for the huge profit of 10 crores.

I have seen many entrepreneurs who have make this much of money by selling their fortunes.

If we consider the conservative returns of 15% from the Indian Equity than you will need to invest Rs.8 Lakhs every years for 20 years to make 10 crores after 20 years.

So understand the power of compound interest and start investing accordingly.

Asav Patel

How Much Does a Kid Need to Save to Become a Millionaire?

Are you a school going kid and want to become a millionaire one day in your life? Well, than you are in your right age group to start saving and investing your money now.

This is because the early you start, the more money you will make because the compound interest will work more in favour of you to make you rich. Read my article,

How Much Do I need to Save to Become a Millionaire?

well, in the above article I have mentioned clearly that how much you will need to save in equity mutual funds every year and for how many years to become a millionaire one day in your life?

But well, have you ever think of starting your own business out of scratch and later on selling that business for a million dollar or putting that business on the autopilot and generate a million dollar cashflow from it?

Well, I am saying you this because it is possible and many school going teens are making literally millions of dollars from their internet businesses which they have stated in their early life.

Young Teen Age Millionaire Entrepreneurs

All of the above teenagers are the millionaire internet business owners. They have started their blogs and website businesses very early in their life and right now they are making millions of dollars from their businesses even before leaving their high schools. And you can also do the same thing.

Internet has the tremendous potential to make you very rich in the very young age. So understand the power of the internet and if possible than also start your own internet business as early as possible in your life.

Asav Patel

How Much Doctors Earn in India?

Well, it really depends on the several factors such as the specialty branch of a doctor, city in which the doctor is doing a practice, weather the doctor is doing a job or a private practice and many other factors.

However, according to the new government payscale, the government doctors are earning Rs.6 lakhs per annum in India on and average in various branches.

But well, there are many private practicing doctors which are earning much more money every year than this.

And the top most cardiologists, ophthalmologists and orthopedics earn literally crores of rupees every year from their medical practice.

Many students want to take the decision of becoming a doctor by seeing the high earnings of the doctors but well, remember that if you are not passionate about this field, don’t come in this field because you can make the same amount of money in any field.

In fact, if you have entrepreneurial personality than go for starting your own business out of scratch because in the long run, it is observed that business owners and investors become more wealthy than the doctors.

This is because doctors start earning in their thirties by which the entrepreneur who has started his business in early twenties have literally made millions of dollars either from his business or by selling his entire fortune to the new buyer.

And the people who have started investing in their early twenties have accumulated much more wealth than the doctors even though they are earning much less than the doctors.

So take the decision of becoming a doctor after analyzing every financial aspect of it.

Asav Patel

How Much Should I Need to Save to Become a Millionaire?

This is the commonest question that many people ask me. Recently one of my friend living in USA asked me this question. Well, you will need to understand the compound interest first to get the answer of this question.

I have run the compound interest calculator and I have come up with the following results. Well, in the United States, it is possible to become a millionaire in one generation by yourself.

you can become a millionaire by regular savings and investing in some good equity diversified mutual funds or simply Vanguard Index mutual funds assuming that the US Equity will give you 11% compounded annual return in the long run which is realistic.

- If you invest $ 10,000 every year in some good US Index fund than after 23 years at the rate of 11% per annum, you will become a millionaire

- if you invest $ 20k every year in good equity US mutual fund than after 17 years you will become a millionaire.

Now, suppose what if you want to become a millionaire faster? well, in that case you will have to increase the rate of return from 11% per annum.

So how to do that? Well, you can do this by saving and investing your money to grow your own business. Well, I am talking about starting your own business out of scratch and later on selling that business for a huge profit just after 5-10 years.

Many start-up businesses grow at as high as 100% per annum and make its founders millionaires in just 5 years of hard work. But well, starting a business from scratch is risky but well, the returns are great.

Anyways, so run your own compound interest calculator and become a millionaire in your life.

Asav Patel

How much Should I Need to Save to Become a Billionaire?

Recently a regular teenage reader has asked me this question via e-mail. Well, I have studied the wealth of the billionaires since past almost 10 years and that’s why I know lots of things about the billionaires.

Well, in my opinion, you can’t become a billionaire by saving money. This is because it is impossible to save a billion dollar in your life. In fact, it is impossible to earn this much money in your life.

Than how to become a billionaire?

Well, there is only one way to become a billionaire if you really want to become a billionaire in your life and that is – Print a Billion dollar in the economy and become a billionaire.

Well, Here I am not talking about doing any illegal thing. Well, here I am talking about printing your own billion dollars Legally just like billionaires do.

Than how billionaires print billions of dollars legally? Well, they develop a successful business out of scratch and later on take that business to the public and by selling the shares of their business to literally millions of people they become a billionaire.

A billion dollar is the valuation of the shares of billionaires in their own corporations which are publically listed. So the one and only way to become a billionaire is that, you develop a business since your early life and later on take that business to the public and make it list on the stock exchange.

If you are in your twenties than this is the best time to start your own business. This is because business owners are in position to become a billionaire.

When your company goes to public, you create new wealth/money in the economy which was previously not there in the economy. Simply forget the idea of saving money and becoming a billionaire.

Asav Patel

How Tulsi Tanti got the idea to start Energy Business?

Tulsi Tanti is the founder and chairman of Suzlon limited, world’s fifth largest wind power energy business and Asia-Pacific’s largest wind power energy company.

Tulsi Tanti is the Forbes Billionaire and India’s top 10 richest person. Well, Tulsi tanti did 16 businesses before starting Suzlon Energy. And Suzlon is his 16th business.

His last business was of power loom for making clothes in Surat. But because of the problem of electricity, his that business could not grow and he strike the idea of starting the alternative energy business and ultimately Suzlon Energy started.

He bought wind energy farm and started his new alternative energy business in 90s and later on take his business to the public and became a billionaire.

The very important characteristics of billionaires is that they never lose their momentum in any kind of situation. Even though their several businesses get failed, they keep working hard on their various business ideas and ultimately become successful.

So the secret of becoming successful entrepreneur is never give up. Always keep thinking and working hard behind your business. And yes, never forget to take your business to public so that millions of people around the world can also invest in your business to make it grow like anything.

Nikhil.G.Deshpande






Hello Friends,

Now, that I keep myself committed on reading MJ2BC, to comment/ put queries on Investta, as well as everything that I come across, on the topic of building a Blog Business/ Web Business, on the Internet, based upon my observations here are the critical success factors (although I didn’t succeed in arranging them in the order of importance) for online success, each one clubbed with the others may give you success.

I was hesitant to use the word “may”, but I have to, since sometimes Luck also plays a part, but as great people whom I have read say, “Hard work makes Luck” which is truly not deniable, so let me correct myself that “these are the Critical Success Factors that can give you success”.

Here are the Critical Success Factors:

1) Positive Attitude

2) Passion

3) Clarity of thought

4) Providing Value

5) Nurturing Relationships

6) Risking Ideas

7) Continuous Learning

8) Humbleness

9) Dedication to help others

10) Energy

11) Writing Skills

12) Product Development Skills

13) Business Acumen

14) Persistence

15) Constancy of Purpose

16) Genuinity

17) Looking Forward

18) Learning from mistakes

19) Networking Skills

20) Creativity

21) Reader Relationship Management

22) Marketing Skills

23) Sales Skills

24) Expertise

25) Drive to Innovate

26) An Open Mind

27) Goal Setting

28) Analytical Mind

29) Honesty

30) Discipline

That’s it friends, I could think of this much, based upon my observations of the thoughts that highly successful people have expressed through their writings, which I clubbed together.

I am sure there are plenty of more that, you would love to add in this list!

I would love to hear, lots of other factors which I am sure exist but I am unaware of, so that I learn them from you about them.


Keep me posted.

Have Fun & Cheers,
Nikhil.G.Deshpande,
Pune,
Nikhil0904@gmail.com,
perceivedvalue@gmail.com
Nikhil.G.Deshpande


Hello Friends,


Hope Everybody is doing fine, and I am sure by now has also subscribed to www.investta.com, for adding value to others lives, in whatever way you can, and help others know, what you have to share, and make them succeed.

Requesting you all to read this post only if you can spare about 10 minutes, of your absolute attention or you can always visit later in leisure.

This post is for aspiring bloggers, just in the process of beginning their own blog.

These are the realities that I am sharing with you based upon my own research, and irrespective of what some people (rather most) say that “Blogging is easy”, which I believe is not !

There is tonnes of material available on the Internet, (If one has a vigilant eye) that can show us, the realities associated with Blogging. This post of mine cannot engulf all the realities clubbed together, but I am making an attempt to put some of them based upon my own research & understanding.

I have heard people saying that, to start as a blog, one needs just a laptop or say Internet Connection (Absolutely Right)! These are the necessary materialistic pre requisites, but there are tonnes of important things that one should be aware of, apart from the availability of Computer System and Internet.

Folks, we need to remember that, as to succeed just the way we need proper guidelines, and same way we need to know the realities that can help us, avoid failure & frustration. This is also extremely crucial part which many of us miss out.

One more thing that one needs to understand, there are people who use the term not just “Blogging” but “Blogging Business”. Adding the word Business makes a lot of difference. When we use the word Business, we mean that we want to compete!

Please do think on this reality & when we just use the word Blogging, it is for casual sense.

There are people out there, who will arouse, excite you on setting Blogging Business, I don’t have a view point against them, they are true at their place, but genuine people who arouse & excite you, should also share the realities of blogging, and blog businesses that happens rarely.

If setting of Blog Businesses is so simple, just limited to the availability of Internet and a system to work on, (That’s why there are millions of Blog on the Blogosphere, and a lot of dead ones too), everybody would had been succeeded in creating a Business out of Blog. But this doesn’t happen so, the factors are Innumerable, but the most important one what I have figured out is lack of THINKING, and the ability to QUESTION OURSELF AND THEN EVENTUALLY GET THE ANSWERS OURSELVES, by ANY MEANS.

What I mean is, unless and untill, we are absolute clear with ourselves on our motives to blog, we can’t be successful (And even though some might be lucky as natures law goes, get successful, the success will be not long-term).

A large chunk of people do believe that, Blogging is all about writing something, posting something, put some pay per click ads along with that, and they are done with.

Its absolutely rubbish to think in this pattern, and this one can just expect failure out of this. If you think on these lines, I request you to have add a more SPECIFIC, GENUINE, REALISTIC DIMENSION to you views on Blogging, and then test them, with somebody who actually is a serious blogger. This will help a lot.

Over and above when we use the word “Blog Business” One should have considerable understanding, or at least take an effort to understand what a business is, in real. One should think like an Entrepreneur, on how one wants to build business. It’s unfortunate, that in our schooling system, this mindset is never honed, because mindset depends on the way we are trained to think, or rather we make our mind to think, and this doesn’t happen in a day. Change is very unpleasant even at personal level, and changing mindset is the toughest to do, and when it happens we are masters of our self.

There are people who keep posting, innumerable posts, in a day, on a blog and can’t get the attention of the readers, and there are bloggers around in this world who just add two posts in a week, but get considerable attention of readers. The Quality of the content is the FIRST KEY TO SUCCESS, and clubbed with other parameters like passion, persistence, vision, networking, business acumen, hard work, creativity, innovation, ability to be a learner, good observation skills and yes focus.

It all depends where we want to go as a Blogger; this is to be decided by us, the mindset will determine where we will reach, a super hit blog is not a one time game, it’s a sum of efforts taken over a period of time.

The waters of the World Wide Web are already muddy, (read people building blogs) and will be more and muddier, in time to come. This has happened due to the ease with which one can set Blogs, but very few are destined to be great blogs, and this happens as a result of hard work clubbed with other factors as mentioned.

The world likes to hear, from people who sound positive, even I do! But that doesn’t mean one should ignore the GROUND REALITIES EVEN THOUGH NEGATIVE. This is called Confrontation of Brutal Facts, and these are also necessary to find success.

Thanks for finding time to read this long post, and may you succeed in all your endeavours in life.

Have Fun & Cheers,
Nikhil.G.Deshpande,
Pune,
Nikhil0904@gmail.com,
perceivedvalue@gmail.com
Asav Patel

How Many Stocks is known as Over-Diversified?

Most of the people keep adding more and more stocks in their portfolios in the name of diversification and safety and ultimately become the average investors.

Over the time, the returns from their portfolios become average. Remember that we invest our money to get maximized return from it and not to achieve the average returns.

I have seen many people who have collected more than 100 stocks in their portfolios. But well, rather than doing this it is better to invest in one Index fund which will give you the same returns.

Now, the question is that how many stocks anyone’s portfolio should have to achieve the optimal diversification and above which it will be said over diversified?

Well, in my opinion you should invest 3-5% of your total portfolio net worth in one stock and not less or more than that. So it means that your portfolio should have 20-30 stocks to achieve the optimal diversification of your money.

If you invest 5% of your total portfolio net worth in 20 stocks each than it will be 100% and this is known as optimal diversification. However, you should not collect more than 30 stocks in your portfolio.

Many investors simply invest in 8-10 stocks for several years and also achieve the better returns. So in my opinion, you should only invest in dozens of stocks if you can analyze and review the quarterly results of all of those stocks on regular basis.

And if you can’t do that than keep the number of stocks minimum say 8-10. But anything more than 30 is clearly over diversified portfolio.

Asav Patel

How Long Should I Invest in SIP?

This is one of the commonest query that a mutual fund investor have. I receive this query several times a week. People ask me questions like, I have started investing in so and so fund via SIP since one year, how long should I invest in SIP?

Well, the answer is – Infinitely long time horizon

The longer you will invest in SIP, it will be better. Say for Example, 5, 10, 20 years or even more. You should invest in SIP by keeping in mind your financial goals.

Say for example, if you are investing in SIP since past 10 years and you need to build the retirement corpus for your retirement and the retirement is still 10 years away than keep investing for next 7-8 years in SIP.

But if you have reached your retirement or any other financial goal than take your money out of the mutual funds and invest in fixed income instruments.

Thus, the longer is better. The longer you stay invested in Equity via SIP, the better and the greater will be the profits. Remember, if you invest more time and money for your investments, the compound interest will work more in favour of you to make you rich. It is that much simple.

There is not any good or bad time to enter or exit from investments if you are going to invest your money for enough long time.

So first of all define your financial goals time horizon and stay invested accordingly.

Asav Patel

How Kids Get Rich even before Leaving High school?

The information age kids are getting richer and richer even before leaving their high schools. This is because of the internet. Because of the internet now even the high school going kids can also set a side business on the internet aside and start making money like anything.

Many school going and high school going kids are making literally 4-5 figure income in dollars every year from their blogs and websites and they are just in their teen age or pre-teenage only.

If you want to become rich kid by building your own fortune than start your own internet business as early as possible in your life means now. Blogging, Affiliate marketing and website flipping are the great money making opportunities for kids.

And many kids from all around the world are making tons of money every month from their online businesses.

What I advise you is to start early. Buy your first domain name and a web hosting space right now and start making money online now and become a rich kid.

Very few kids in this world can enjoy the life they want to live means travelling the world, driving great cars, dating and many other things. These are the kids who own their own online business.

These are the teens who don’t need to go to job to work hard to live a paycheck to paycheck. And their school going friends will still have to wait over a decade earn their first paycheck.

So start your own internet business now and become a rich kid.

Asav Patel

How Good is Gold as an Emergency Fund?

The regular readers of “My Journey To Billionaire Club” know that how important the emergency fund is? The Emergency fund is the 3-6 months of your monthly expenses so in case of financial emergency such as job loss or medical illness, you can live on that emergency fund without altering your lifestyle and liquidating your long term investments.

Now, the question is that can Gold be an Emergency fund? Well, in my opinion – NO.

Recently I have received this query from several readers and people from all around the world. People think this because in the past 5 years, Gold has given the excellent returns than any other asset class and that’s why readers ask me this query very often.

Well, see. I can understand that the gold is the liquid asset. But the thing is that we don’t keep emergency fund for better returns. But we keep emergency fund by side for real emergency purpose.

Recently gold has given outstanding return and that’s why you feel psychologically well and think of keeping gold as an emergency fund.

People think that gold will appreciate good in the future and that’s why taking gold as an emergency fund is a good idea. But well, Emergency fund is not for the growth of your money but to protect your long term investments by liquidating.

The best emergency fund is,

- Cash on Hand

- Savings Account

- Liquid Funds

So keep your Emergency fund in the above form. Gold is the separate asset class and keep it for investment purpose and not for the emergency purpose.

And yes, the gold price is rising since past 5 years so it doesn’t mean that it will rise in future also. After all it’s the asset and its price can fluctuate up and down according to the demand and supply of the gold.

Asav Patel

How Do Billionaires Make Their Billion?

Have you ever wonder that how billionaires make their billion dollars? Well, Read my recent article,

How Do Billionaires Make their Wealth?

Well, earning billions of dollars in just one generation is simply impossible thing. What billionaires do is, they print this much of money legally in the economy.

I know that you will be really shocked by this very blunt statement but well, this is true. Billionaires print their own money and that is also legally and anyone can print their own money legally.

So how do the billionaires print their money and that is also legally?

Well, Billionaires develop a successful business out of scratch and later on take that business to the public and by selling the shares of their company to literally millions of people they become billionaires.

Becoming a billionaire is a game of creating new wealth/valuations in the economy. And this is the legal way of creating a new wealth in the economy.

Basically billionaires are in the business of printing their own money. The more shares they print and sell to the public, the more wealthy they become over a period of time.

So to become a billionaire, you need to do one thing and promote a business and later on take that business to the public. Well, of course this is not the easy task. But well, its worth it.

This is because all the hardwork will be paid to you at the end. The more valuations you create in the economy, the richer you will become.

All the Forbes billionaires are the bulk shareholders of their own publically listed companies and the valuations of their own shares in their own businesses are worth of billions and that’s why they are billionaires.

This is how the billionaires make their billion.

Asav Patel

How Do Rich People Live in India?

Ever wonder that how rich people of India Live? I mean which type of lifestyle they enjoy? I know that when someone says rich lifestyle, your mind starts thinking of luxurious cars, expensive clothes, branded watches and luxurious life style.

But well, this is not the truth. The truth is that most of the rich people of India live frugal. They live below their means and spend very less than they earn.

They always spend their money to buy assets which appreciate in its price over a period of time and make them more richer than ever. Only 2% of the rich people live luxurious life style while rest of the rich people in India live very frugal.

This is because they understand the value of money. And that’s why they always buy the things that they really need and not they want. Many people have a false belief that those who drive luxurious automobiles and wear expensive clothes are the rich people. But well, this is not the truth. The truth is that many rich people buy second hand automobiles because somebody else has already taken the depreciation.

Than who are those people who drive luxurious cars , wear expensive clothes and eat expensive food? Well, they are the upper middle class people in reality.

According to studies, more than 80% of the luxurious car in India are owned by upper middle class people. They just look rich but in reality they are not.

These are the people who can’t resist to buy new model of car whenever they have money on their hand. So what they do is, they keep spending their hard earned money and accumulated wealth behind maintaining their luxurious lifestyle.

And over the time, they fail to accumulate some serious wealth. Remember that you can not judge anyone’s wealth by seeing their lifestyle. But the only true indicator of anyone’s wealth is his/her Financial statement.

How many assets are there in the financial statement will determine that how wealthy someone is. Lifestyle is not at all the indicator of anyone’s financial health.

Asav Patel

How do Billionaires Make their Wealth (Money)?

Have you ever think that how billionaires make this much of huge wealth in just one single generation? Most of the billionaires in this world are the first generation billionaires. And all of us have same 24 hours in a day than how come billionaires make billions of dollars of wealth and rest of the world struggle financially and live paycheck to paycheck?

Well, this is because billionaires print their own money. Well, I am not talking about any illegal way of printing money. I am talking about the legal way to print your own money.

I know that you will be really surprised by knowing this that everyone of us can print our own money and that is also legally.

Than how is it possible to print your own billion dollars? Well, by developing your own business and taking it to the public. This is the one and only legal way to print your own money and becoming a billionaire.

I am talking about selling the shares of your own company to the public. In fact, all the billionaires around this world have become billionaires by this only.

Whenever you take your business to the public and make it listed on the stock exchange, you create new wealth (money) in the economy which was never printed in this world before.

But when you take your company to the public, the new asset is created in the economy and that asset is the shares of your own company in which now millions of people want to invest.

Becoming a billionaire does not have to do anything with the industry or a business idea. The only thing you will have to do to become a billionaire is take your business to the public.

This is how the billionaires create new wealth in the economy and become rich.