NIT Graduate, 2 yrs in L&T, now Accounts Officer @ GOI. Want to start a startup.
Hi all, I am an NIT graduate and worked for L&T construction for 2 years and now working as an Accounts Officer @ Govt of India. Current scenario and bright future of Indian economy inspires me to leave 9-5 job and do something in startup world, specially in Fintech or e-commerce. Share your views...
Both FinTech/eCommerce are bleeding businesses and finding support in such macro environment is bit difficult.
My suggestion would be to go read about these domains more. Try understanding the problems and existing solutions.
To give a quick overview -
1. FinTech - Lending, B2B payments, investing, rewards sourcing
2. eCommerce - Vertical eComm, horizontal eComm, D2C, B2B eComm
Just google these keywords and try understanding opportunity sizes.
Do some more research, that’s the first point of entrepreneurship not asking strangers. As of now, it feels you are planning to ride the trend, which isn’t a trend anymore.
my view is to establish a sustainable business model aimed at profit making from day one and not based on the current trend of cash burn
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FancyChino64
Stealth
a year ago
You can try doing on side and see how it's working for you and after sometime if you think you can succeed, you can start-up full time
mohhmaya
Stealth
a year ago
Start Small. Don’t quit until it covers your current salary. Good luck! India is bright in future but market is not that bright enough right now.
jumpinglucifer
Stealth
a year ago
Question.
The job you have with GOI is it permanent?
And how did you get it?
If you could shed some light.
jumpinglucifer
Stealth
a year ago
The exam was SSC? Or any other if u can tell.
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Do you have knowledge of stock market? Do you understand nifty banknifty index ? It is not that easy to become proficient in fintech
