Now that many people have grown accustomed to working from home, it’s no wonder that 2023 is the year of freelancing and entrepreneurship. Landing an online and remote job is tempting. Maybe you are keeping your 9-5 job and looking for a side hustle, or maybe you’re ready to leap into being your boss. Either way, you’re going to want to look for an industry that’s in demand and suits your skills.
So let’s dive into some lucrative business ideas that are all the rage in 2023.
1. Graphic Design
With so many businesses functioning online, digital artists have become impressively sought-after. Consider offering your skills in graphic design if you have a solid background in it. No worries if you don’t. The most important thing is to start and build a pattern to allow you to drill systematically and polish your prowess. Start with learning how to create posters and add animation to image, for example.
Once you do that, shift to more complicated tasks. If graphic design isn’t necessarily your cup of tea, but you are an artist looking to start a business, you can consider other creative ideas like trying yourself in virtual art, music classes, or even event marketing. The possibilities are practically endless for business-savvy creatives.
2. Writing And Editing
There are a lot of aspects of marketing and content creation that are being automated with artificial intelligence (AI). But one area that is mostly still in human hands is content writing and editing. Computers can’t mimic human creativity (yet!). Even if some aspects of content creation are computer-generated these days with the wide release of ChatGPT, a human editor is still needed to check the grammar, flow, and readability to bring the content up to publishable quality.
This means writers and editors are always in high demand, and will always be. If you are a good writer, you can try your hand at content writing, web copywriting, or even marketing email writing for online businesses. And if you have search engine optimization (SEO) skills, you will be even more marketable.
Blogging differs from content/copywriting and editing in that you are usually writing full articles on more niche topics. If you know a lot about any topic, from blockchain to skin care, you can establish yourself as an industry expert through blogging. Some bloggers freelance, establishing themselves with numerous companies in their industry and contributing one article at a time.
Others, however, will start their own blog and develop their own following. If you have deep knowledge of a particular industry and work to establish yourself in that industry, there is no reason you can’t run your own blog. There are also lots of ways to monetize your blog, or you could consider branching out into a podcast to add value.
Consulting is a great startup idea because it is so open to the types of services you can offer. In short, consulting simply means you are being paid to offer your advice on a particular topic. In other words, any area that you have mastery of can be marketed as a consulting service. Consulting also offers a lot of flexibility regarding how much time per month you spend doing it, so you can do it on the side even if you have another job. Perhaps you currently work in finance and understand the regulations that banks face.
Well, you can probably find a host of fintech startups struggling to navigate those very regulations to get their products to market. Or maybe you used to work at a big PR firm. Guaranteed, you can find small businesses looking to improve their brand management. So spend some time researching the demand for and pricing similar services in your industry, and then put yourself out there.
5. Online Courses
If consulting isn’t for you, but you feel you have a lot of knowledge to offer, consider curating online courses. You can do this on your own website or service you can provide through established course platforms. Some people offer online courses for free as a way to entice subscribers to a podcast, blog, or other business, but you can also charge for the courses themselves and make that the whole business.
If you are going to get into online course development, make sure you have the right tools to get started. You will need quality recording equipment and software, which means this business has some upfront costs. You should also think about where you will record. If you are offering courses on a topic like machine learning, you likely just need to share your screen and show viewers what you’re doing on your laptop. But if you are offering courses like yoga or weight lifting, you will need a studio space.
These are some of the most in-demand services this year, so if you want to launch a start-up this year, you can’t go wrong with these ideas. Starting a successful business is all about tenacity and resilience, but there’s no reason you can’t have fun doing it as well.