I don't know about you, but working the 9 to 5 corporate grind has never been my jam. I've always dreamed of being my own boss with the freedom to set my own schedule. If you feel the same way, starting a home-based business could help make that flexible lifestyle possible.
With low start-up costs and the ability to leverage skills you likely already have, profitable side hustles are within reach from the comfort of your own home. I should know - I launched my own freelance writing gig from my couch and it's been the best decision ever.
Below I'll walk you through 10 awesome, realistic home business opportunities that you can launch in 2023, ranging from online stores to freelance gigs to handmade products. I've tried many of these myself, so I can personally vouch for their money-making potential. Let's dive in!
1. Online Print-on-Demand Store
My first recommendation, based on my own experience, is to create an online print-on-demand store through a site like Printify or Printful. The concept is simple: you upload your own original designs to a variety of products like t-shirts, mugs, phone cases and more. Then whenever one sells, the site handles printing and shipping automatically!
I set up a store selling fun nerdy t-shirt designs that I came up with. Now whenever someone buys a shirt, Printify handles printing and mailing it out for me on-demand. I get a nice commission on each sale, without having to do any manual work. After the initial setup, it's 100% hands-off passive income potential! Your designs can sell 24/7 around the world.
You can make $300-500 in side income per month if you work regularly.
2. Handmade Crafts
If arts, crafts or DIY-style projects are your thing, you can absolutely monetize those skills in 2023 by selling handmade goods online. There is a huge demand for unique handmade items like wooden decor pieces, candles, jewelry, embroidery hoops, and specialty baked goods - you name it!
I'd recommend starting out on Etsy selling your crafts, and then later creating your own Shopify store once you build up some repeat buyers. Promote your goods on social media, at local fairs and festivals, and through word-of-mouth. This can become a really scalable home business since you control your own production and inventory.
3. Freelance Writing
Here's an easy home business idea for my fellow writers - offer your freelance writing services! This can be an awesome side hustle with super low barriers to entry and has lots of growth potential over time.
Start by identifying a niche you can write in - for me it was small business and marketing topics. Sign up on sites like Upwork and Fiverr to bid on writing gigs in your niche. Or reach out directly to potential clients through LinkedIn and email pitches.
The flexibility of freelance writing lets you work at your own pace, on your own hours, wherever you are. And your income potential has no cap - the more clients you take on and the higher your rates, the more you earn!
4. Bookkeeping or Accounting
If you have prior experience in bookkeeping, accounting or finance, tap into those skills by offering remote services to small businesses or startups. This is an in-demand home business since every company needs help managing accounts, payables, payroll, taxes and overall finances.
Platforms like Flexjobs and Remote.co list quality remote accounting jobs you can perform as a home-based bookkeeper. Or directly approach local businesses to offer part-time financial help. This professional service can earn $25 - $50+ per hour!
5. Online Tutoring
From elementary subjects to advanced skills, parents and students are always seeking extra tutoring help. With online tutoring, you can share your academic or specialized knowledge via video chat from the comfort of home!
I earned solid side money tutoring college students in essay writing skills online back when I was in school. English, math, programming, test prep - whatever the subject, offer virtual sessions tailored to students' needs through platforms like Tutor.com or Wyzant. You set your own rates so income potential is truly uncapped.
6. Virtual Assistant
If you have great administrative computer skills - scheduling, data entry, email management, documentation and more - offering virtual assistant services makes an amazing home business idea. Startups and smaller companies always need part-time help with tasks that keep operations running smoothly.
Independent platforms like Time Etc and Fancy Hands let you grab short-term virtual admin gigs and clock in/out based on your availability. Or offer expanded services directly to a company or busy professional as their dedicated VA.
You can make good amount as a virtual assistant.
7. Online Courses
Particularly if you have teaching experience or deep knowledge on topics people want to learn - design, programming, health and wellness, photography - anything - you can now easily teach your own online courses from home!
Create lessons around your expertise and upload them to learning marketplaces like Udemy or Teachable. As your catalog of courses grows, you can start earning very decent passive income each month. Promote your courses through your own site and social channels.
I had a friend make over $60k last year by selling online yoga video courses! Find a passion topic and teach it.
8. Dropshipping Business
For ecommerce entrepreneurs, launching a simple dropshipping store through Shopify allows you to sell physical products online without actually storing any inventory or handling fulfillment.
Find trending or niche products on Oberlo or AliExpress at wholesale prices. List them on your slick new Shopify store at a retail markup. When an order comes through, the supplier ships it directly to the customer for you! Just focus on sales and marketing.
Dropshipping is awesome because you handle the revenue side while your suppliers manage product sourcing, warehousing and shipping for you. Allows starting an online retail business with minimal upfront risk or capital.
9. Social Media Management
Here's a great home business leveraging social media skills - offer your services as a social media manager! So many local small companies desperately need help promoting their brand and engaging with customers across social platforms.
You can manage accounts, create valuable content and stories, run ads, organize campaigns and contests, compile analytics reports - anything that grows their reach and conversions. Run this as a home-based social media marketing agency.
A friend of mine makes over $5k per month managing social media for just a handful of local clients! Sets her own flexible hours too.
10. Affiliate Marketing
Finally, for the internet marketers and side hustlers, affiliate marketing can provide awesome passive income potential with the right approach. You essentially promote other companies' products, and earn commissions per resulting sale or lead.
Sign up with affiliate networks like ClickBank or Amazon Associates. Then through promotional content, social media, SEO and other marketing tactics, drive traffic and conversions for those brands. The more awareness and sales you generate, the bigger your commission checks!
While it takes some upfront effort, affiliate marketing can earn income on autopilot once your strategy is set up, even while sitting at home sipping coffee in your PJs!
Start Your Own Home Biz in 2023!
There you have it friends, 10 home-based business ideas with serious money-making potential that you can launch in 2023! Whether you want to sell online, leverage professional skills remotely, or share your knowledge - the options to earn on your own terms are endless.
The key is identifying something you're skilled at or enjoy doing, then building out the capabilities to offer that as a profitable service online from home. With consistent effort and know-how, a successful home-run biz is totally achievable this year!
Let me know if you start any of these businesses or have any other questions! I genuinely want to see you succeed. Feel free to reach out. Wishing you big-time success in 2023!
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