Business Idea: People make every effort to earn money, but the dream of becoming a millionaire remains unfulfilled for many. The reason for this is that we do not invest our money in the right places, which leads to people experiencing financial difficulties. If you don’t have a job, then don’t worry. You can earn a substantial amount by conducting successful businesses.
You can start a mulberry cultivation business for Rs 2.5 lakh, which can fulfil your dream of becoming a millionaire. This business is an excellent option for farmers, unemployed youth, and students preparing for exams. Anyway, it is considered a fantastic option for women and retired employees, which helps them accumulate wealth. Anyway, these days, the demand for the silk industry is increasing rapidly.
Start an easy business.
A large population across the country earns a substantial income through farming. However, you will realise that hard work alone is not enough to make money; there is also a need to bring a unique idea to the table. If you work with a business mindset, you can soon earn a substantial income.
Following the same pattern, we will initiate Mulberry Cultivation by acquiring three acres of land in the village through partnership or sharecropping. Take care of the soil—loamy, sandy loam, and clay loam soil is considered the best, where you can earn a lot.
You will earn a lot over many years.s
You can earn a living for a long time from the Mulberry business. It needs to be sown only once and then harvested four times every year. Silk is prepared from the Mulberry. It is not sold in the general market, but is directly exported to cocoon houses and silk mills.
Anyway, its price always remains high. The government Sericulture Department not only provides free plants and training. But also, it guarantees the purchase of your crop.
How will a company worth crores of rupees be formed?
By investing two and a half lakhs in three acres in the first year itself, you can fulfil your dream of earning 9 lakh rupees. Out of this, even after paying four lakhs to the farm owner, 5 lakh rupees will remain with you. Next year, you will have to expand the business to 6 acres, then 12, 24 and 48 acres. After 5 years, you will not only need to earn Rs 80 lakh annually. This will also make you the owner of the company.