Entrepreneurial Ideas – 6 of the Best New Business Ideas for 2023

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Let’s face it, 2020 was no one’s ideal year. While few people are in a hurry to jinx 2023 by declaring it the year they’ll do great things, there are reasons to believe it could be so.

All it might take is a good idea, a little hard work, and a bit of self-promotion. If you’re ready to put the year that shall not be named behind you, here are a few ways you could go about it.

Support-Based Businesses

If you’ve got a skill that other businesses could benefit from, then consider forming a business out of it. Let’s say you’re a whizz with computers and have the qualifications to back it up. In that case, small business IT support could be on your horizons.

Alternatively, you might have a knack for logo creation. You could turn that into a profitable business model. Take a moment to think about what you’re good at, and see if you can turn it into a service offering for others.


Some of your favorite websites might be drop shippers, and you didn’t even know it. You might have imagined a warehouse full of goods and a bunch of busy people sending orders out. However, in many cases, savvy online business owners are saving themselves all that hassle.

With more people shopping online than ever before, drop-shipping could be a lucrative line of business in 2023. You can set up an online store, connect with manufacturing and B2B companies, and act as the middleman. Choose your products wisely, and 2023 could be your year.

Virtual Assistance

In 2020, at least 42% of the United States labor force was working from home. It’s a growing trend, and one accelerated by the COVID-19 pandemic. If you’ve been thinking of new business ideas for 2023, jumping on the online bandwagon might be your best bet.

Becoming a virtual assistant is an excellent way to benefit from work-life balance and job flexibility. You can work with businesses around the world without ever having to leave your home.

Online Tutoring

If you have a bachelor’s degree in a subject you’re passionate about, share it with the world. There are plenty of tutoring sites that allow qualified people to sign up and begin delivering lectures to students who need a helping hand. Online tutoring gives you more than just a flexible income. It also delivers the satisfaction of helping people achieve their goals.

App Development

In past years, app development used to be a tricky task that only the most skilled people could undertake. With the launch of affordable, easy-to-use development tools, that’s no longer the case. Indeed, there are now millions of apps across various online app stores.

Many businesses wish they had an app to help with everyday operations and serve their customers’ needs. If you can learn enough about them, you could make a living out of giving businesses what they want.

Stock Photography

Do you love hitting the streets with your camera for fun? Turn it into a money maker. You can easily sell your photos online through stock photography websites. Imagery is a significant part of the online world, and you may just have the pictures people are looking for.

There is no reason why 2023

can’t be ‘your year,’ even if 2020 was far from it. If you’ve got a great money-making idea, such as the ones listed above, then why not go for it? You never know your own potential until you push yourself to try something new.

Chris Evans Author

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