Here are some business ideas that you can start with a budget of 50k:

Dropshipping

Dropshipping is an e-commerce business model where you sell products online without keeping any inventory. You can set up a website, select a niche product, partner with a supplier, and start marketing the product on social media and other channels. The supplier will take care of the shipping and handling of the product, allowing the business to run on autopilot to a certain extent.

Online Courses

Creating and selling online courses is a highly profitable business idea. You can teach a skill or share knowledge on a topic you’re passionate about through online videos, webinars, eBooks, and other resources. Once you create the course and set up the infrastructure, you can automate the sales process and potentially generate passive income.

Affiliate Marketing

Affiliate marketing is a performance-based marketing strategy where you promote a product or service and receive a commission for every sale you generate. You can sign up for affiliate programs in various niches, such as fashion, beauty, health, and technology, and start promoting them on your blog, website, or social media. If you focus on promoting high-quality products or services, you can potentially earn passive income after some initial setup.

Rental Business

Rental businesses, such as equipment rentals or car rentals, can generate consistent income if managed properly. You can purchase or lease your equipment or vehicles, advertise them online, and automate the rental process through an online booking system. Once you set up the booking and payment process, the business can run automatically to a certain extent, allowing you to focus on marketing and growing the business.

It’s important to note that while these business ideas have the potential to run automatically, they still require effort and dedication to ensure success. Additionally, you’ll need to conduct thorough research and create a solid business plan to increase your chances of success.