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How to Become Rich in India Fast: Latest Ways
10/08/201812 Min Read
India ranks among countries where people can become millionaires in both, Indian Rupee and US Dollars. Contributors towards this trend are a younger population, proper exploitation of resources, vibrant economy to support start-ups and investor/ business friendly policies adopted by Central and state governments.
Aspiring millionaires do not have to fantasize about marrying into wealthy family, migrating abroad, committing crime or other hideous measures to gain wealth.
Proper set of skills with some finance and business acumen are sufficient to become rich in India fairly quick.
Money matters: It really does
Embarking on an enterprise in India can be fairly arduous. Major impediment is funding a venture. Some of the ways to become rich fast do involve investments, which is possible if the entrepreneur is working or inherently rich.
For those unable to garner own funds, the Mudra Bank scheme of Indian government offers funding at low interest rates. Personal loans are offered by most banks and finance institutions, provided an applicant meets prescribed criterion.
Other non-traditional ways of getting initial investment are crowd funding, family syndication and community loans. Selling personal property or assets and withdrawing from securities is not advised as Indian market positions tend to swing wildly.
Before investing in any get-rich-quickly enterprises, it is advised to seek guidance from experts in the field.
So if you want to become rich fast in India then here is one of the best list of 21 ideas that will show you how to become rich.
1. Blogging is Best for Becoming Rich
If someone personally asks me the best way to become rich then my reply would be blogging only. Blogging not only made me rich, it made several people wealthy. Most people I knew earlier were not rich before they began blogging.
Many of the people still think this as technical profession but it’s no more technical. If you have Zero knowledge of web design and don’t speak English at all then, yet you can start blogging and make lots of money online.
You can write blogs in Hindi or in your mother tongue. You can share your knowledge and your own experience through your blog. AdSense & affiliate marketing are the best way to make money through your blog.
Only thing you need is a domain & hosting. Don’t create free BlogSpot blog because there are many limitations and your domain name will look like “yourblogname.blogspot.com”.
I will highly recommend to go for GoDaddy WordPress hosting as it’s very affordable, easy to create blogs, has number of benefits & you can get a free domain with an annual plan.
2- Train, bus, air reservations:
Booking train, bus, airline seats were earlier the privilege of travel agents. Anyone equipped with a smart phone or computer connected to the Internet can now offer this service. Apps provided by Indian Railways, various state owned road transport corporations and airlines make it easy to book from anywhere.
Migrant workers, reluctant to enter plush travel agency offices or wait in long queues to reserve a ticket willingly pay a few hundred rupees for a confirmed seat.
The business can be handled from home or if needed, any space such as a park. You are required to pay with your credit/ debit card or net banking facility.
There are many travel agents who has become rich in no time so this is what you can do if you want to get rich quickly.
3- Walking tours operator:
Walking tours is a concept gaining ground in India. They involve taking a group of foreign tourists on a walk in a specific area that has high concentration of tourist attractions. Walking tours are fun and generally patronized by foreign tourists.
Such trips allow foreigners to get a first-hand feel of the place, indulge in bargain shopping, take in tastes, sights and sounds of the area. Walking tours are offered through travel agencies or bo
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