A common food website with recipes, videos and blogs on food with uncommon features like automated calorie calculator and converter has the potentiality to gain market shortly. The calorie calculator and converter is a tool resembling excel, where users input his diet (broken up into items and quantity) and it would convert the same in calorie. This tool should also work the other way around.
Is this for me
No specific qualification required. But food related course will surely help.
Walt Disney once said, “All our dreams can come true, if we have the courage to pursue them.” I believe one should dream big and then live up to turning dreams into reality,” Sumit Goyal-Founder & CEO FoodandNightlife.com.
How it was done
Sumit Goyal, Founder and CEO of FoodandNightlife wanted to use his knowledge of food industry. His trips to foreign countries also inspired him to launch a food website, because outside India, every country has a food magazine. India did not have that and to capitalize this gap he launched FoodandNightlife in the year 2009. It covers all kinds of food and nightlife related business. Food and Nightlife magazine is a sister concern of Mr. Goyal’s FoodandNightlife website and it was launched in September 2009.
Investment - Rs 5-10 Lakh
Avg. Break even - 3 months - 1 year
Margin - 30%
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