Best Start-up Ideas for 2023

If the Covid-19 pandemic taught us anything it is to be self-starters. The new status quo of flexible working made many rethink, redesign and revamp their approach to work, leading us all to discover that whatever can be done ‘from the office’ can be also done from home, a cafe, a beach or a mountain top. And so the Great Resignation started, with many spirited and brave-hearted employees shifting their focus from the ‘great corporate jobs’ to their own great start-up ideas. Companies House statistics show that over 340,500 new businesses were registered in the UK between January and June 2021. This means that nearly 80 start-up registrations were being processed every hour, despite the business-unfriendly circumstances caused by the pandemic. If you didn’t manage to get your small business off the ground then but have not abandoned the idea, you still have time. To give you some inspiration, in this article, we examine some of the best start-up ideas for 2023.

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Turn your hobby into a business

If you’re an avid digital marketer, blogger, content creator of any kind, turning your dream job into a full-time paying gig, working on your terms must come easy. After all, we live in the gig economy, right? Yo u have the flexibility to work when you want from wherever you want, and, most importantly, cherry-pick your projects.

It may take a while until you make it big, but it’s worth the effort. Every big business was a start-up once. The likes of SemRush, Uber, Bolt, Airbnb started small. The key to turning your hobby into a business is to love what you do, set realistic goals, and stick to the plan. Do this and investors will queue to your doorstep.

Launch a crypto payment app

Blockchain technology and DApps have gained immense traction in recent years. While there is still a long way to go till we start paying for a pizza with BTC (pun intended), the technology behind cryptocurrencies is closer to the mainstream than we’re ready to admit. The arrival of NFTs and the Metaverse prove that Blockchain and DApps are very much ‘alive and kicking’. That being said, developing a blockchain-based payment mobile app will likely bring you the fortune you seek. Or at least, pay you handsomely.

Estimated to hit $1,431.54 billion in value by 2030, the global blockchain market is on the rise, while the average cost to build a mobile crypto payment app is anywhere between $20,000 and $22,000+. So, you’d better start saving, as demand for blockchain-based payment applications has spiked in recent years, with expenses on blockchain-powered solutions expected to reach $15.9 billion globally by 2023.

On-demand food delivery app

Online food ordering is part of our everyday life. Apps like Foody, Uber Eats, DoorDash, Just Eat Takeaway, or Glovo add a dose of sugar and spice to our workdays. Whether a lingering habit of the Covid-driven furlough days, food delivery service apps have seen a tremendous rise in popularity. DoorDash, for example, saw massive growth during the pandemic, and is still on the up, holding roughly 50% of the US food delivery market share.

Connecting restaurants with consumers, food delivery apps are and will be in demand in 2023. So, why not take a bite of this ripe apple while you still can? If you’re an avid tech developer, building a slick mobile app should be a breeze, but if you’re not… you can hire a team of developers. Next, you’ll need to decide whether you want to offer one type of food or anything from snacks to pizza, burgers and everything else in between, create a platform for handling orders and payments and take care of marketing.

Create an online course

Upskilling is a major asset that many companies and individual experts are capitalising on. If you’re looking to share your knowledge with the masses, creating an online course is the best way to do it. Not only will it boost your online presence, but it will also help you reach more customers with your products or services. 

With 93% of companies worldwide mulling the adoption of some kind of a learning management system, the eLearning industry is primed for growth in the coming years. According to recent estimates, the eLearning industry is set to grow at a CAGR of over 21% by 2027. Consequently, launching an online course is the way to go in 2023.

Hoping that we’ve given you enough inspiring business ideas for 2023, we encourage you to put at least one of them into practice. As usual, if you need advice on funding or pitching investors, don’t hesitate to get in touch. We’d love to add your pitch on the fundmypitch website.