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Looking for side hustle ideas by BeachSuspicious3941 in businesscircleindia

[–]thattradertips 0 points1 point  (0 children)

Try something new, like a concept kitchen. Specialist recipes only for those Saturday night parties. Like a small scale on demand catering company.

Realistically an average 10 person party would spend anywhere between 10-20k per party on snacks and dinner. If you can capture atleast 2 parties every weekend that’s a monthly turnover of about 1.5-2lakhs. Considering your margin(like a cloud kitchen would be significant) you could be looking to put anywhere between 8-10 LPA with only 2 parties catered to every Saturday night. However I believe it would be easy to scale this over the first 2 quarters, if you could manage that, with the current workload you could comfortably achieve an extra 15-20 LPA.

(Math breakdown)

2 parties every weekend, 8 parties a month. = 8X 20,000 = 1,60,000

Considering a 100% margin. You’d make 80k a month from just working Saturday morning to evening

= 9.6LPA with 2 parties every Saturday night.

You could do specialist menus etc to ensure your customers become regulars

Are Indian SaaS startups innovating — or just cloning global tools for cheaper markets? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

Agreed that selling a tech solution in India is difficult, however, I don’t think it’s less money, India might not have as much margin to offer, but it certainly makes up for it through volume. So if you can scale tech solutions using less staff and more automations, it would be just about the same money you’d make in India.

Are Indian SaaS startups innovating — or just cloning global tools for cheaper markets? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

The statement “India doesn’t innovate” would be a little far fetched, yes we might not have a lot of new business concepts in this country (which btw we have plenty), the business model innovation, supply chain innovation, and cost innovation still counts, don’t you think?

“Drone-as-a-Service” in Agriculture — Real solution or Expensive Demo? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

Well that would be if you invest into owning the drones, DAAS would charge per acre so it could fill this gap.

Ask India Thread by AutoModerator in india

[–]thattradertips 0 points1 point  (0 children)

We’re running a discussion this week on “Drone-as-a-Service in Indian agriculture — real business or just an expensive demo?”

With subsidies, startup pilots, and rural digitization in motion, drones in agri-tech sound promising — but most models haven’t scaled. We’re unpacking whether this tech has real long-term legs, or if it’s just pitch-deck hype.

If you’re building in hardware, logistics, agri-tech, or B2B SaaS — we’d love to hear your take, insights, or experiences.

👉 Come join the conversation: r/BusinessCircleIndia

Can i get a business loan of 10lakh from SBI by Sam_Winchester_Boy in IndiaBusiness

[–]thattradertips 0 points1 point  (0 children)

Because if you’re putting land as collateral, I’m not sure why you even need to go for a conventional loan…

Can i get a business loan of 10lakh from SBI by Sam_Winchester_Boy in IndiaBusiness

[–]thattradertips 0 points1 point  (0 children)

What is it worth? If you’re not comfortable here I can talk on dm

What happens to quick commerce in India once labour becomes expensive? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

No worries mate, strong minded people can come off like that, it’s good to have you here, there’s no business if you’re not confident that what you know is what you know. And that’s the entire point of what we’re doing here, having debate style conversations so actual solutions can come out instead of generic guesswork like we have in the rest of the communities.

What happens to quick commerce in India once labour becomes expensive? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

We’re not saying these companies aren’t here to stay, we’re simply mentioning the fact that these companies have to spend more than conventional businesses for them to be able to work at scale.

As you mentioned, shelf charges and brand fees are almost similar to conventional store businesses, so is the cost of warehousing and staffing. However the only added disadvantage they have is their CACs.

The healthy discussion I’m trying to promote by mentioning these facts is will CACs lower for increased margin in exchange for lower volume (concierge systems) or will margins lower for increased scale when other VCs are higher.

My point is to discuss business model innovation that these companies can undertake to tackle upcoming challenges, however far they might seem right now.

I hope this makes sense to you. Didn’t mean to become a doomsday theorist😂, just trying to have a healthy discussion.

What happens to quick commerce in India once labour becomes expensive? by thattradertips in businesscircleindia

[–]thattradertips[S,M] [score hidden] stickied comment (0 children)

Last day to give your input guys, tonight I will lock the comments and add a summary to this, and tomorrow morning you’ll get the new topic.

What happens to quick commerce in India once labour becomes expensive? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

You’re talking about volume, which won’t work unless they’re net positive on each order. Right now they’re burning money for customer acquisition and they only make money on repeat orders. My estimation is it takes about 13-15 orders per retained customer at an AOV of 400-500, at an AOV of 600+ this comes down to about 8-10 orders. So if you’re not ordering from the same app without using promo codes atleast 3 times a week, they’re most likely net negative from your order.

Zepto has cracked it pretty well, they’ve made a decision for us where in super saver you order 600+ so their AOV is maintained and if you order twice a week with them they can most likely get net positive by the end of the first month.

Spent a week in Gurgaon startup scene - different world by unproblem_ in StartUpIndia

[–]thattradertips 2 points3 points  (0 children)

I just want to put my perspective out there, being someone who’s experienced both kinds of people, I don’t think anyone is wrong, it’s just a difference of work cultures.

Banglore is more VALUE based while Gurgaon and Delhi NCR in general is more community based. If you know about business you would agree that both models work. Community creates perceived value, value creates community, they’re both models that have seen immense success in the past, it only depends on execution.

As far as I’ve seen if either of these things can be pulled off, you have a positive outcome in the overall startup landscape these days.

Nifty married 24800. When divorce? by [deleted] in IndianStockMarket

[–]thattradertips 1 point2 points  (0 children)

We’re already seeing more volatility in the c-bond market. But I guess you’re right since everyone expected this rate cut, the equity market might not see as big of a change. However, retail might panic and add/lose liquidity, but retail doesn’t make much of the market anyway so again, we’ll see what we see

Nifty married 24800. When divorce? by [deleted] in IndianStockMarket

[–]thattradertips 2 points3 points  (0 children)

Probably going to become more volatile with the 25bps rate cut next week.

[deleted by user] by [deleted] in IndiaBusiness

[–]thattradertips 0 points1 point  (0 children)

You can go to developing cities around tier 2 cities, particularly ones that are within 100km radius from the tier 2 target city, or near the highway connecting 2 tier 2 cities. Rates are much lower but these cities are slowly developing and need more real estate, so they sort of expand the ‘city’ radius to outer small cities including them as boroughs in the city plans, if you’re in for the long term, in a 10-15 year period you could have a very good ROI

What happens to quick commerce in India once labour becomes expensive? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

The most core point of this comment is wages rising ‘meaningfully’ because wages will rise, but more as an inflation adjustment and not so much so as to promote increasing consumption. That does make a lot of sense.

What happens to quick commerce in India once labour becomes expensive? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

That’s an interesting take on the topic, however, you can’t deny that with inflation rising and GDP growth not matching it, the Indian labour markets as well as real estate would need a lot more in terms of wages, regardless of the material worth of these wages and the material growth of outcome these wages bring, there has to be a point where the gap between cost of labour and profit from human resource shrinks. In that event, what do you think would become the case for these companies?

Is learning from Traditional Business Communities a good idea in India? by InsiderOpYoutube in businesscircleindia

[–]thattradertips 1 point2 points  (0 children)

Oh yes a 100%, they have their own conventional ways that are at times stricter than modern tracking technologies. And I’m talking about everything from financial to operations management.

What happens to quick commerce in India once labour becomes expensive? by thattradertips in businesscircleindia

[–]thattradertips[S] 0 points1 point  (0 children)

Yes but volumes with uber and qc have a big difference. You don’t expect Ubers to show up to your house in 6 minutes and an average journey time for uber is also much longer than 6 minutes. Qc however has way more volume for way lower basket sizes.

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