What can you do with cheap electricity bills especially to earn money (and I mean GOOD MONEH!!)?

iPwnz

iPwnz

Brutally Honest
Juggernaut
I invested all my money in one farming business which is currently not in good shape to be honsest so I could do with some side income.

What I have: cheap electricity and lots of clean water.

What is not an option: first of all, not a package drinking water plant lol. Also not labour intensive things like welding service. I don't know how to do it and the equipment cost too much for me in my current situation.
I live in the outskirts of the town so anything with computers like cyber cafe is also a no go.
Mining would've been very awesome but I'm over 10 years late now to the trend aren't I lol.
 
What kind of hardware do you have? You could try renting out CPU or GPU power though they don't pay out much these days. Bandwidth renting is up, mostly because of holiday shopping so it's only for the next few weeks.

Try browsing/reading through this discord: https://discord.gg/g8F5MkSv (link will expire in a week). People there are secretive but enough information can gleaned from idle chatter to see what's currently profitable.

In my experience, finding a niche to earn on the side within India is far more difficult than finding one online. If I had cheap electricity, I'd get a CO2 laser or CNC mill and sell custom stuff online on Etsy.
 
Oh thanks. I have my old R3300X with GTX1650S.
CNC would definitely work if only I could wrap my head around it. I've always wanted to try that one. Wood work, metal work and laser cutting these things will work. How much would it cost to set it all up? Small scale operation. Not a full commercial business.
The locals who are already in the business don't want to share the finance details lol.
3D printing would work too, theoretically of course.
 
iPwnz said:
I invested all my money in one farming business which is currently not in good shape to be honsest so I could do with some side income.

What I have: cheap electricity and lots of clean water.

What is not an option: first of all, not a package drinking water plant lol. Also not labour intensive things like welding service. I don't know how to do it and the equipment cost too much for me in my current situation.
I live in the outskirts of the town so anything with computers like cyber cafe is also a no go.
Mining would've been very awesome but I'm over 10 years late now to the trend aren't I lol.
Click to expand...
Not in good shape due to yield or market? There is a demand for local/ethnic food. You can try to list the organic food grown in your farm and nearby farms. Once you know how much you can produce/procure try using social platforms like TE with close knit member groups to expand your business. How is your Honey business going on?
 
skoka123 said:
Not in good shape due to yield or market? There is a demand for local/ethnic food. You can try to list the organic food grown in your farm and nearby farms. Once you know how much you can produce/procure try using social platforms like TE with close knit member groups to expand your business. How is your Honey business going on?
Click to expand...
You can make organic food products on small scale, or even sell some of your produce by preserving it, ex. organic soap, dry fruits, preserved foods (Achaar), etc. But you would need some certifications for it. For smaller scale, I heard it's reasonable to procure, ymmv however. If you have storage and good road networks, you could build godown and rent it maybe?
 
How far out of the town is your place? Do only you have access to the cheap electricity, or everybody in the town?

If it's only you, and not too far out, you could get people to charge their electric vehicles at your place. Serve them water while they wait.

Car taxis, two-wheelers on app based rent, transport vehicles, auto-rickshaws lots of different types are switching to electric these days. For some, you'll have to contact the business e.g. the app based two wheeler rent : generally they load lots of two-wheelers in a diesel truck, get them charged, and drop back to where they will be used again. You could convince them to drive the truck to your place.

For arc welding, you don't have to do it yourself. If you have some space, you could provide space as well as electricity to welding businesses. Though getting it vacated may be a pain unless you are well connected in politics/legal profession.

Edit : the final users of electric rental mopeds is mainly swiggy/Amazon/dunzo delivery guys. If you have those in your town, you're set :)
 
Last edited:
skoka123 said:
Not in good shape due to yield or market? There is a demand for local/ethnic food. You can try to list the organic food grown in your farm and nearby farms. Once you know how much you can produce/procure try using social platforms like TE with close knit member groups to expand your business. How is your Honey business going on?
Click to expand...
Too much competition and just like local branded products for IT, consumers for food also seem to prefer going for cheaper ones regardless of the quality.
I'm thinking of exporting some products to other cities and towns but our govt'd rather aligned themselves with companies and marketers who share the same vision so they get can easy passes with benefits and all. They mainly do fruits, rice products and local spices. If I do it by myself from my own pocket money then I might need to raise the price but at least 50% which is not good for the general consumers at all. I also tried my hands of some good quality tea from Assam but because I couldn't buy them in bulk the producing company didn't want to sell them in smaller quantity anymore.
So I'm at present waiting for the market condition to settle down a bit.
I don't do honey anymore as I'm stuck in one village because of my farm activities. Honey takes up a lot of time, energy and money traveling. Money is decent for a free passage. One farmer got in touch with me the other day and I didn't accept due to my hectic schedule. The honey's probably fermented now. My relative also harvested wild honey the other day and I couldn't get a share. Sigh.
kvn95ss said:
You can make organic food products on small scale, or even sell some of your produce by preserving it, ex. organic soap, dry fruits, preserved foods (Achaar), etc. But you would need some certifications for it. For smaller scale, I heard it's reasonable to procure, ymmv however. If you have storage and good road networks, you could build godown and rent it maybe?
Click to expand...
Certification and licenses will not be difficult.
I want to build a godown near the highway road but haven't found an available plot for purchase. That will definitely lighten the load of the burden. Some of my relatives said we could buy another place which doesn't have a single store yet but I thought that wouldn't be a good idea. Starting from scratch is not a wise choice for me as it's still a very very small organization. Need to piggback on existing conditions.

Btw if anyone still remembers, I once asked about sauces. I don't know how much it took the sellers on Amazon to produce them but they seem so low like ₹80-90. I want to sell the same size for at least ₹150-160 but only in private. It's honestly very difficult to penetrate mainstream market from the NE side.
 
Last edited:
iPwnz said:
Certification and licenses will not be difficult.
I want to build a godown near the highway road but haven't found an available plot for purchase. That will definitely lighten the load of the burden. Some of my relatives said we could buy another place which doesn't have a single store yet but I thought that wouldn't be a good idea. Starting from scratch is not a wise choice for me as it's still a very very small organization. Need to piggback on existing conditions.
Click to expand...
I'll be frank, your relatives might be on to something, making a shop in shopless can be profitable, but needs energy, more money and mainly, man power.
Are there stationary/ bakery shops near schools? That's another place for income, but dependent on students mainly. Xerox and photocopy can earn decent chunk of change, but you'll have to be competitive for larger number of pages. You can set up snack shops, reselling samosa, puffs, etc. Can also try out cotton candy, popcorn, etc.
 
Soyab0007 said:
How are you getting cheap electricity? solar?
Click to expand...
No, rural area. Farming community in some villages pay a fixed monthly electricity amount as the govt subsidies either don't reach or aren't as effective as they thought. Eg. Last year many farmers couldn't even get a single bag of fertilizer from the govt side. We still don't have 24*7 electricity and when it goes out then it can go out for days. Also solar is a very expensive investment for farmers though I've come across some farmers getting them when I travel by bus.
Just an example, village kids here pay ₹250-300/month for home tuition fees.
If you make them use prepaid electricity they are all gonna starve. No kidding.
 
Back
Top