TheRodinhoods

Paper trading business

Hello,
Firstly let me tell u that this blog is great and I was just looking for website like this… Saw Alok sir on ” the pitch ” on bloomberg and got to know about him and this website.

I am In 3rd year B.E mechanical engineering and like all others out here I too want to start my own business soon. Was thinking of manufacturing something but capital needed is much also I ll be new to business (like 1st in my entire family, my dad is supportive though & my greatest motivation) so I am thinking to start paper trading business (Xerox,notebook paper,cardboard,etc). I am currently in Nagpur, Maharashtra and I wish to start business by next year mid.

So can anyone help me with this ? Scope, limitations, problems which I may face ?

Initial 5-10 lacs investment shouldn’t be any issue. Also I want to start my business early because I want to know how can I cope up with the thing or else other option I have is doing MBA but I don’t want to because after which I have to do job (which I don’t want to).
For those who may say take some experience … I believe time ll teach in doing things and I do have guidance of people around me … So please help me out whether I should do it or not?

Thank you !