5 Promising Small Business Ideas for Women in Bangladesh
Every year the rising numbers of successful entrepreneurs are inspiring so many lives. They are leaving their mark on the industry and motivating others to jump on the ladder of entrepreneurship. Having said that, female entrepreneurship has become a revolutionary phenomenon all over the world as well as in Bangladesh. The recent female graduates are not only leading the corporate sectors but also becoming the leading lady of renowned brands and organizations. The clichéd remark of ''girls are not meant for business'' or ‘’it is too risky for a girl’’ has been obsolete by female entrepreneurs like Maliha Qadir, Samira Zuberi Himika so many more. The future is not only female also the entire SME industry ecosystem is heavily being dominated by women. Therefore, all these are surely creating a positive reinforcement among the women of this generation.
Starting your own business is not a piece of cake. Most of our women still have to simultaneously manage their home and nurture their dream to be independent. So, the idea of a business has to be something feasible and flexible at the same time. So, here are the top five promising small business ideas that can be your way to be the next BIG THING.
If you have a knack for writing and have your way with words then blogging might be the right business idea for you. Without zero investment you can earn by working from home. In addition to this, the best thing about blogging is it gives you the freedom to integrate your passion with work. However, to start with a blogging career first, you would need to learn about SEO (Search Engine Optimization). It will be time-consuming in the beginning but once you get a hold of this, you will be able to earn a decent amount of money. There are plenty of resources and short courses readily available on the internet regarding SEO, some are even free. So, you can utilize the resources and take up the opportunity of earning without investing a penny.
- Content Writing
Ever since the inception of startup culture in Bangladesh, every other day there is a website being launched. As a result, these websites require well-written content to be posted for customer insights. Not everyone can pull off ideal write-ups for the specific target audience so these website owners often look for individuals to write content for them. Having an account on a freelancing website like – Fiverr, Upwork will help you get well-paid content writing projects. You can build an entire portfolio by gaining work from these websites and reach out to the big corporate house to acquire better-paid projects.
- YouTube Channel (vlog, blogs, tutorials)
In today’s time, it is rare to find someone who doesn’t possess a smartphone with high-speed internet. And the availability of affordable technology devices is inspiring people to open their own YouTube channels. Anything you are capable of doing (cooking, makeup, traveling, life hacks) ANYTHING and everything can be turned into YouTube content. However, if you brush your skill and organize the content on-demand of the public the views would help you generate revenue more than any 9-5 job. If you look for Bangladeshi YouTube channels there are few categories you can’t find our YouTubers in. Food bloggers, cooking channels, lifestyle channels, etc. are immensely popular among the crowd. To keep up with the tide you would require to keep an eye out for interesting, timely content with an attractive title (keeping the SEO tactics in mind). Making money out of something you enjoy can be fun but it would have to be unique at the same time as you will have to stand out from your contemporaries.
Now this one might seem to be a relatively new idea to some of you. But drop shipping is quite a lucrative way to earn money. Here the idea is to be the second person in the retail fulfillment method, here you will work as a third party. You will receive an ordered product from the seller and ship it directly to the customers. It is a great business model for aspiring entrepreneurs because you can launch an e-commerce store without a gigantic investment. Another biggest benefit of dropshipping is you are not required to purchase a product unless it has already been paid by the customer. Despite the advantages, dropshipping comes with its own drawbacks. Since the market is heavily competitive it often generates lower margins than expected, shipping complexities, errors from the supplier's end, etc. Then again you cannot expect to run a business without a little risk. Hence, given the booming e-commerce market of Bangladesh drop shipping is an ideal business for you to invest your time and money into.
- Online course platforms
This generation is mostly self-driven and motivated to be independent at an early age. Also, they are exposed to different mediums of technology; they are always striving to learn something distinctive other than the conventional curriculum. So you can create and design a course that you are skilled in on any platform like (Coursera, Udemy, Udacity, Skillshare, Bohubrihi.com), etc. If you have expertise in one or more subjects then you may help others to understand it better as well as earn for yourself. Women of all ages, especially housewives, mothers with newborns can utilize this as a great opportunity for online business.
These are the top 5 business ideas for you (especially if you are a woman residing in Bangladesh) that you can start with small or zero investment. If you have read till the end, I am sure there is at least one idea that infused interest in your mind. Being independent is a choice. If you can take the chance of trying something new, then these ideas are completely made for you. If you have found this article helpful and need a head start for your business that may require a small workspace of your own. You may write to us. Moar is always here to help thriving individuals like you to reach their goals.