If a Mechanical Engineer is looking to start his/her own venture, what are the opportunities for them?

As a mechanical engineer what kind of start up can i start

by Brijeshradadiya
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RE: If a Mechanical Engineer is looking to start his/her own venture, what are the opportunities for them?

Dr. Dinesh Bhutada
Dr. Dinesh Bhutada
Verified Career Expert
Chief Career Counselor Abhinav Career Scope
  • Pune

There are enormous opportunities for mechanical engineering to become a entrepreneur by starting their own venture. the start may be difficult but there is necessity to have some minimum of two to three years of experience in the field job. The most important is there should be liking for risk taking, entrepreneurial capabilities, handling of manpower. In short the Man, Material, Machinery and Money management is must for any Mechanical Engineer.

The Mechanical engineer can have their own firm in which on the basis of machine like welding, turning, lathe and other finishing type of machine, he can get many work from the allied areas. This work may be of any industry or it may be for residential projects. Once the person is getting the more n more experience he can have large workshops where he can provide service under one roof.

The mechanical engineer can have own vehicle garage, this garage can be authorized workshop may be like Castrol Bike Zone, or any four wheeler standard workshop. If the owner of garage is mechanical engineer the customers trust is more than person who is non mechanical background. And this always helps in growing the business. Mechanical engineer can also get own showroom of two wheeler, three wheeler or Four wheeler as he can explain the better benefits to customers and generate the better lead. As the technical specifications are understood in better way, it helps in growing the business very fast.

The mechanical engineer can also start a computer institute specialized for training in AutoCAD, Ansys, Catia, ProE and CFD where he can train the freshers students and who are looking for skill developments. Also the institute can be developed for CNC operators where he can train the ITI students who are great in number and for whome there are great number of opportunities available in market. The institute related to CAD CAM CAE is also in demand and needs the person from mechanical background.

In academic field, if fundamentals are very clear then you can give coaching for the difficult subjects in Mechanical engineering for the students of diploma and Engineering students.

Mechanical Engineer may start the own supply firm first and then own manufacturing firm for any item but by that time the market and product surveys are done and what is exact requirement of market is understood which is very important for survival of any business.

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