Feasible self-employment options in Bangladesh

To make the leap from school to the workforce, students and young graduates need to overcome obstacles due to a lack of work experience, marketable skills, youth-friendly working opportunities and proper career guidance. However, every cloud has a silver lining. Self-employment is gaining considerable traction among local youths, owing to new opportunities popping up for many different lines of work. While entrepreneurship is always a solid option, there are a few other sectors that offer feasible self-employment options - which are listed below. 

Freelancing

The first step in freelancing is to make a great, orderly profile that will appeal to anyone interested in working with you. Visit several marketplaces, familiarise yourself with their standards, and modify your profile as needed. The client will offer you any job and agree to any payment plan once he is satisfied with your profile. However, you need to gain experience in a particular task. There are many outsourced training centres in Bangladesh where people may quickly get both fundamental and advanced levels of prepared counsel. Naturally, relying just on training facilities will not result in major growth. You need to develop a thorough awareness of the nature of the work itself.

You can also test your freelancing skills on well-known freelance markets like upwork.com, freelancer.com, and elance.com. A person who has more reviews on their profile has a greater chance of finding work or enjoying games. On a website for freelancing, you can work on a variety of assignments depending on your degree of competence and skill. Data entry, web development, software development, content writing, product development, graphics designing, and search engine optimization are a few of the options you can consider. Projects with fixed payments can cost anything between $5 and $1,000. Hourly payments, on the other hand, range from $3 to $100 or more.

Micro, small or online-based businesses

Some fields are more conducive to an entrepreneur's efforts than others. You don't have to waste time deliberating before you rush off to a shop or company if you are in a pinch. The best way for newcomers to enter the commercial sector is through the use of specific low-cost, high-return strategies. There are multiple options available, such as fashion houses, toy stores, baby and mother's products, cosmetics businesses and coffee shops. 

Another great and potentially profitable small business idea is stationeries or stores selling school supplies to students. Likewise, the food business is rising at an increasing rate nowadays, and you can generate great revenue by applying the right strategy. Furthermore, if you have a penchant for photography and are looking for a profession, you can consider taking photographs for newspapers or blogs. Or if you're an entrepreneur on a low budget, you can consider starting a mobile sales repair service. You only need a little bit of training in this area before you can start your own business. 

Small-scale agriculture 

Young people confront numerous challenges when they attempt to enter the fisheries and farming businesses. Constraints include, but are not limited to, a lack of resources like fishing spots, money or necessary knowledge. Even after the constraints, this is a feasible and profitable business for the youths, especially in the Northern Chattogram region. 

Many formerly jobless young adults are now providing for their families by getting necessary training from local poultry farm training centres and now successfully making profits with broilers, layers, and golden chickens. If you don't have sufficient knowledge about poultry diseases, treatments, and feed management, it's unethical to raise chickens for business. As a result of the country's emphasis on agriculture, farmers in Bangladesh produce a wide range of cash crops. Domestically produced and exported harvests are in high demand. Some of Bangladesh's most valuable exports include tea, jute, tobacco, sugarcane, silk, rubber, and other similar products. The high market value of many horticultural crops provides an opportunity for beginning and small-scale farmers to increase their income.

For youths who prefer creative control, it is a great opportunity to figure out their skills and knowledge and opt for self-employment rather than waiting for employment opportunities for years. Even though it may not seem that profitable in the beginning, learning the necessary skills and applying yourself wherever you can, will lead you to successful, feasible self-employment opportunities.