Is It Wise to Launch a Business in India After Quitting Your Job with ₹5-6 Lakh?

Making the decision to transition from the security of employment to the challenges of entrepreneurship is never easy. However, if you have a capital of ₹5-6 lakh and you’re contemplating starting your own business in India, this could be an opportune moment. Many potential entrepreneurs are turning to service-oriented or low-investment business models to mitigate financial risks and enhance their chances for success.

Yet, the road to establishing a successful business is fraught with challenges. The question then becomes, how do you choose the right business path, and what strategies can you use to navigate the initial hurdles of entrepreneurship?

To those who have trodden this path before: What advice would you offer someone making this leap? How do you manage the uncertainties and the early struggles? Your stories and insights could be invaluable for aspiring business owners looking to embark on this journey.