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ankita dev

Entrepreneur • 9m

Here's an idea, feel free to say anything about this- No judgement Buy 5-10 electric rickshaws and give it to the people who work for daily wages. They will only work closeby to metro which is in Delhi gurgaon etc Now tell each of them that you make atleast 1000rs per day out of which 400rs you pay me everyday. So if you bifurcate the price 400+100+100 100 for the maintenance for everyday keeping as deposit 100 for everyday electric recharging. So in monthly you'll be making 1.2 Lakhs per month with 10 electric rickshaws without doing much. Feel free to comment and tell me what can be more improve in this

18 Replies

Replies (18)

Vikas Acharya
•

Medial • 9m

the daily earnings of rhikasha may fluctuate and we can't predict the uncertainty of day to day life and buying 10 EVs may be huge one time investment but the profits from each riksha varies and I think the riksha which you posted here will be well suited for tourist places where people can rent out to view inside of tourist places or going from one tourist place to another, this may sound a profitable execution. what's your thoughts on this ?

1 Reply

Nawal

Entrepreneur | Build... • 9m

My friend pitched me idea 2 months ago - it's actually a pretty good . But here problems rises - Trusted Driver Accidently issue Battery Changing after certain KMs

1 Reply

SHIV DIXIT

CHAIRMAN - BITEX IND... • 9m

definitely your idea is feasible and beneficial also that's the better option than the purchasing 1 lakh I phone even I also Invested lots of time in this idea and definitely want to execute in future

Kundan Karmakar

A Billionaire of 204... • 9m

This is already being done in almost all cities, However if you are the Rickshaw owner so called 'seth' definitely you are going to make money. Focus on the earrings of rickshaw wala's

Anonymous 3

Hey I am on Medial • 9m

Not bad. Just don’t forget, rickshaws might need more than recharging if they start acting up, like a 'mechanic' on speed dial

Anonymous 2

Hey I am on Medial • 9m

Sounds good on paper, but daily wage workers might struggle to pay a fixed amount like 400 Rs daily. What if they have bad days or repairs?

Anonymous 1

Hey I am on Medial • 9m

Solid idea! You're providing jobs while making passive income. Clever.

The Bizz

2 is better than 1 • 9m

not gonna work dude already a huge competitive market for rickshaws where it is difficult to earn 700 a day and you expect 1000 and you are charging 40% which is too high they would hardly agree on 25% and most of them are not interested in commission system they are interested in renting system.moreover it is going to take a huge capital to start buissness and there is no guarantee that they will be loyal and won't steal the vehicle(until you put on a tracker),thus, no bank would provide loan for starting capital

Shruti

Student • 9m

This business is common here

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