What are the top self employment ideas according to you?

With the advent of IT self employment has come to the fore. With opportunities available galore on the internet more and more skilled professionals prefer giving up their jobs for self employed work. There is constant increase in the flow of jobs from developed countries to third world countries like India. This has prompted people to take up jobs independently. Some IT based self employment jobs are data entry, medical transcription, content writing, technical writing, web designing, affiliate marketing, programming, legal transcription, online form filling and lots more.

With such enormous work pressure from overseas companies many firms and BPOs are looking out for freelancers to carry out their various assignments and meet the deadline. The good quality of work, accomplished from home arrangements and the cost effective nature of such jobs have lead to generation of more jobs.

Best would be taking a franchise of some International co, which has product in health, travel. lifestyle, Telecom Category from world class companies , but no storage/warehosuing- no delivery of items, no accounts or operations and no big investment.

Ruchi you didn't mention about the profile of work. Means A person having lot of money or having only ability to work.

Because wealthy persons can start any work according to their experience.

According to me online outsourcing is one of the best work as self employment for those who haven't much money but want to grow rapidly. Currency difference plays major role in that part. And we can earn as much as we can through net & PC.

Thanks for the referral Jyoti

Coaching classes are good, there are a number of subjects which can be started as a coaching class

I know this idea is different from this community site's purpose but this is one business which can be started in less capital

This is the age of knowledge.One may acquire knowledge either in IT,Telecom,Aviation,Railways, Realty Estate,any field or profession.One may sell his or her idea by developing own web site.There is no dearth of ideas now a days for self employment.Where there is a will, there is a way.

A person if wants to be a self-emplyeed can do any business he wants if he /she is confident about oneself...their should be the feeling that i can do this better than others...thats the only required confidence level.

Assess your a strengths and work to further strengthen before entering self-employment mode. Keep in focus what you would like to and are equally best at.

Identify the big company who operating throughout the countries and identify the products where they are not so much specialize or they are not more concentrated and set a factory for producing these products this will definitely help for self employment because big player will not that much aware about the small player in the market.

Reasons:

Big organization can not look after every function.

Branded organization don't provide more margins to the retailers.

Easy to get customer responses in local market by integrating towards customer.

For supporting we can use other products.

Easy to manage the small operation and low risk.

In house keeping areas there are lot of scope .

In community service people are ready to afford but reliable agencies are low.

In Domestic area afew partys have started but not coordinated professionally.

If such support systems are managed with better modern tools with internet connectivity could be established a good work chain.

Thanks for the referral Ms.Ruchi Chawla.

Starting  their own business or ideas for self employment are normally emerged from their work/previous employment experience.The work experience gained may be from any area of business acording to their taste. 

The present busing scenario of middle class is not surity in grabbing the quality business. If business grabbed then the payments stuck up.

Hence security of investments and the liquidation of investments must be made easy first followed by increasing value with recurring income.