The Internet has brought revolutionary changes in the mindset of individuals especially in developing countries like India. In India, there are already tons of companies that are flourishing and almost every second a new company comes into existence. This is high time that even you start your own company and have your own business, as there a number of flourishing industries that opens the doors of opportunities for aspiring individuals. This is why we are going to discuss some of the great startup ideas bring possibilities of starting a business in the year 2019.

You choose any Startup Idea to try your hand in business and grab the opportunity.

1. Ad-Tech Sites

Ad-Tech Sitesvia:

If you have an IT background, do not wait for any further and start your own website, be it SEO related, Blogging, or any field where you think you have a shot. This is high time that you use your coding skills, quit that lousy job and have your own company.

2. Food Industries

This is the only industry that never goes down as people never stop eating everyone loves to eat and every once in a while they like to eat outside this is why we believe that Food Industry never goes out of business, all you need to do is find out a good outlet that could sell your business. With growing food delivery companies we are sure you will have a good business. Also, you can start a food delivery service providing company.

3. Travel Industry

Another flourishing Industry is the travel industry. There are people out there who have their own personal blog where they share their expeditions and still making money from that. If you think blogging is your thing then why not.

4. Wedding, Party Industry

People, especially in India, love to spend huge money on weddings. Even the average middle-class family manages to have a grand wedding ceremony. Not only the wedding, but people are ready to spend huge money and throw outa bid party for almost every big occasion. So, wedding planning or party planning business can get you a huge success these days.

You can also read: These 7 Startups Are Setting Standards for Other Ventures by Proving That Nothing is Impossible

5. Fitness

If you are planning on investing in business then fitness clubs could be it. People now are more aware and conscious of their body more than ever. This is why gyms and fitness clubs are flourishing Indian market. Even Bollywood stars are enticed to invest in gym and fitness clubs business so why can’t you.

6. Makeover/ Makeup Industries

Especially for all the creative women out their, Makeover Industry is now at its peak. It is the best time to have your own makeup studio or salon if you are planning to have your own business.

7. Custom made gifts

Be it fragrant candles, lamps or any luxurious item. It is a good idea to have a business that makes and sells custom made gift items. With the help of e-commerce, you can start by selling your business online and give a good start to your career.

8. Blogging

Having your own blog site pays off. All you need to do is wait for it and invest a little in order to advertise. Once it starts getting monetize you can expect a good business out of it.

You can also read: The Young And Dynamic 27-Year-Old Ankiti Bose Owns A $1 Billion Fashion Startup “Zilingo”

What comes to your mind when you think of startups? Well, it sounds very simple and easy to execute but it is nothing like that. Launching a startup of your own requires lots of hardship to flourish the business in the long term. Additionally, it also requires a proper floor plan, management plan and funds to execute it properly. If you would lack in any of these parameters it can fail miserably leading you to losses. Have a look at some of these startups which have failed due to these mistakes only. I am sure that you can learn many good lessons from the mistakes committed by them.

Scroll down to know about them more.

1. Just Buy Live

via: Yo!Success

Just Buy Live was a startup whose aim was to connect all the retailers directly to different brands across multiple categories like fashion, stationery, smartphones, auto, personal care, food, and drinks, etc. The startup was also offering unsecured loans to small business owners to facilitate the transaction on its portal and provide funds to small retailers. The startup has managed to raise $100 million series B funding from a Dubai-based investment firm, Ali Cloud Investments.

Why did it fail?

This startup has failed miserably failed due to no proper planning of scalable business models and negative cash flow. As per the latest report, the startup’s co-founder has said that the company has temporarily been shut down for some time and it would soon resume its operation after raising fresh funding.

2. Shotang

via: ET Telecom

The startup, Shotang was a business-to-business (B2B) online marketplace that was launched to connect retailers, distributors and various manufacturers to carry their business online using their platform. It used to earn revenues based on commissions paid by distributors per transaction.

Why did it fail?

Although the startup has raises a series of funding from different investors like Patamar Capital in February 2019 (INR 6.8 Crores) Exfinity Venture Partners in December 2015 (INR 36 crores). It is believed that the startup has risen the funding to pay off its creditors, employees, and partners.

3. PortDesk

via: VCCircle

The startup, PortDesk was aimed at providing e-procurement solutions for logistics management related operations like accounting, cash management, ports DA estimate, and voyage, layout and contract management.

Why did it fail?

The startup has shut down its business in June 2018 but the exact reason for its failure is still not revealed. The company has raised $2 million (INR 13.98 Cr) in a seed funding round from a Singapore-based maritime services company, Alphard Maritime Group.

4. Zebpay India

via: Zebpay

Undoubtedly, the company was India’s largest crypto exchange that enabled users to buy and sell Bitcoins and other cryptocurrencies like Litecoin, Ripple, etc.

Why did it fail?

Zebpay has decided to shut down its operation completely soon after the official announcement by RBI in April 2018, which has restricted banks and payment companies to extend any services to crypto exchanges and wallets. The company closed its operations on 28 September 2018 by saying that they are unable to chalk out any other way to carry out the business at this point in time.

5. Tazzo

via: Red Newswire

It was really an interesting bike rental startup that has helped millions of people to commute to their offices at only Rs. 5 per km. Its mobile app was integrated using GPS tracking technology which was used to do live tracking of the movement of the vehicle.

Why did it fail?

The company has shut down its operations because it was not able to generate positive cash flows out of its business.

I am sure you must have heard of TikTok, Right? So, let’s talk about it more in detail What TikTok is? Who is its Owner? And how does TikTok make Money? Here’s everything that you need to know about the short video app.

What do you know about TikTok?

If you are an internet savvy person or the parent of one, then you might have heard of this. TikTok is the short-form video app that is currently making everyone’s mind blow. Using this app one can make funny videos, dance videos, singing videos or even you can post much more fun on it making yourself popular side by side.

Video clips that you post on the platform may only last for only 15 seconds, but they make a big impact. On its official website, the company has described itself as ‘a destination for short-form mobile videos.”

Who is the owner of TikTok?

At present, TikTok has approximately more than 500 million users worldwide which itself explains that how much people are liking it and having fun using such an amazing app. The platform, TikTok is owned by a Chinese company, Byte Dance. Zhang Yiming, who is a 35-year-old entrepreneur, is the Founder & CEO of Byte Dance. The company was recently crowned the world’s most valuable startup.

“Do you know that TikTok is very famous among young people and has about 80 million downloads in the U.S. alone”.

And since its launch in the year 2012, the company has made a $75 billion valuation.

The company that owns TikTok, Byte Dance does more than just running only running TikTok. IT also owns toutios which is an extremely popular news platform with 240 million downloads as well as some products like Xigua Video, TopBuzz, and BuzzVideo.

How does TikTok make money?

Are you also a TikTok fan? And you also want to make money from TikTok. Then, here is how you can make it.

The short video app, offers in-app purchases of coins, starting at 100 for $0.99 and leveling up to 10,000 for $99.99 as per the mobile intelligence firm, Sensor Tower. TikTok users have reportedly spent $3.5 million on in-app purchases during the month of October 2018 which is nearly four times what they have earned during October 2017.

As per Bloomberg’s report in October revealed that the company Byte Dance’s target revenue for the year 2018 was $7 billion and the company is still not been able to create any profits yet as decided earlier. AS per the latest media reports, it is believed that the company is planning to go public this year although it has not been cleared till now. The agency, popularly known as Digiday may start its advertising on this platform which may costs up to about $150,000 for just one day and newsfeed ads for $4 per click.

Can you make money on TikTok?

Well, this is a question about which every TikTok fan just wanted to know about.

Yes, one can make money using this short video app. In fact, if you are really good and if you have a specific talent that you may want to show up to the public over the internet, you can undoubtedly earn your living from TikTok. So, why don’t you give it a try to convert your dream of becoming big and popular by posting your own videos?

In addition to this, several companies are also making use of this platform to grow and advertise them by investing literally a huge amount which even one cannot imagine.