Best Businesses to Start in 2023
Airbnb’s co-founder Brian Chesky once said that they never focused on coming up with a great idea, they just found the solution for a problem in their own lives. It’s not easy to come up with a good business idea because market conditions and consumer behavior change constantly. What you should focus on is solving a problem, a problem that continually affects people. Have a strong customer focus. This is one thing successful businesses have in common. Planning to start a business in 2023? Here are the best business ideas. Be prepared to win by starting off on the right foot.
Handyman
If you’re always fixing things around the house, become a handyman. Build a website and conduct research to determine what your time and expertise are worth. This business is ideal for those with a robust set of skills to help others fix up their homes. Also, don’t try to do everything, consider specializing. For instance, if you’re very good at plumbing, provide plumbing services. You can increase your offerings later on as you learn more skills. You don’t need certifications to become a handyman, but you’ll need a license if you’ll be undertaking big projects.
Freelance Developer
Individuals and businesses always need websites and technical support for certain projects. Web development is one of the ten most in-demand tech jobs, and most developers see an annual business growth of 25% or more. You can find your first clients on freelance websites. You’ll need to learn web development skills to become a developer and launch a successful business. There are many colleges and programs that teach full-stack and front-end web development, and some are offered by accredited tech schools.
Digital Marketing Agency
If you love Marketing and you want to start a business, launching a digital marketing agency might be a great idea. The best thing about owning a marketing agency is that you get to work with clients in different industries. One month, you might be advertising cars for a dealership and publishing ads with messages like “used cars for sale near me.” The next month, you may be marketing a museum with ancient relics. It’s worth mentioning that the cost of new customer acquisition via digital marketing has increased significantly, so you may have to invest heavily to see a good ROI. Always measure the success of your digital campaigns with metrics like click-through rates, conversion rates, and web traffic numbers.
Life/ Career Coach
US life coaches earn $62,500 per year on average, so this is a good business to start. If you’re very good at navigating career, personal, and social transitions successfully, put your knowledge to good use and start a business as a career coach. Many people are looking for guidance in their lives and careers, and it’s hard to find a mentor. Get certified and start your life coach business. Offer clients the hands-on advice they need to make big decisions in their personal and professional lives. You’ll never run out of clients because everyone needs great advice from time to time.
