by fallowing my logic we have to invest 70k and daily u get 3.5k to 7k as profit.
Ajai Kryshna
Idea Title
To set up a gaming café to provide new games and ultimate fun
Industry
Animation/Gaming
Description
To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI...
To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI and VR and innovative gadgets.
To set up high-tech gaming in a metropolitan city to provide the experience of realistic using new tech-gadgets and software to gamers, students, children, and youth. Gaming cafes these days are loaded with new technologies like AI and VR and innovative gadgets.
Market Scope:
In the year 2017, the value of the global gaming industry is of $108.9 billion.
India ranked 17th with a valuation of $818 million and with a CAGR of 11.14%
Opportunities:
Good Demand
Less competition
Less Manpower
Risks:
Huge investment
Place of café
Dos:
Must update with technology and latest gadgets
Can start as a low budget gaming café with VR headsets (If your location is surrounded by lower income group people)
Must go for high-end gaming stations and gadgets (If you want to set up in shopping malls or target higher income group)
Don’t:
Investment too much
Buy every gadget or game
Entrepreneurial Qualities:
Updating with technology
Judgment to attract masses
A little knowledge of gaming hardware, Software, gadgets, etc.
Conclusion: The place where you want to set up will decide whether you can go with high-end gaming café or low budget station. If you want to earn good profits you must go for high-end gaming stations.
Srinivasa Rao
Idea Title
To set up an Animation studio to provide animation and visual effects services.
Industry
Animation/Gaming
Description
Market Scope:
The global 3D animation market size was valued at USD 11.46 billion in 2016
Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of...
Market Scope:
The global 3D animation market size was valued at USD 11.46 billion in 2016
Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of Animation studios
Augmented reality/Virtual reality technologies will boost the Animation Industry
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Market Scope:
The global 3D animation market size was valued at USD 11.46 billion in 2016
Tollywood, Bollywood, Cartoon TV channels, Animated Movies, Game developers are clients of Animation studios
Augmented reality/Virtual reality technologies will boost the Animation Industry
Description: To set up the Animation studios to provide animation and visual effects which includes 3Dmodelling, Motion graphics, 3Drendering, and VFX (visual effects)
Opportunities:
Huge Demand
Less Investment
Good Profits
Risks:
Huge competition
As it is creative work, sometimes it is difficult to reach deadlines
Dos:
Check existing animation studios’ weakness
Can start as freelancing
Can start at home with a group of passionate people
Don’ts:
Crack software
Hire unskilled
Entrepreneurial Qualities:
Creativity
An eye to detail
Understanding clients’ need and the emotion in the character
Updating with the latest technologies and software
Conclusion: If you have immense passion, good networking and great marketing strategies you can make the small animation studio into a big company. Creativity and understanding clients’ need is the key.