With a new year come new opportunities and new experiences. This is the time to plan for 2023 and set professional goals you want to achieve by this time next year. But this is easier said than done. There are many small business ideas for men today, but finding the one that will get you where you want to be can be difficult.
And so we have curated a list of the top 10 best business ideas for men for you. These professional streams should definitely come onto your list this year. Let’s dive in!
#1 Dropshipping business
This is one of the best small business ideas for males looking to start a business in 2023. This is becoming extremely popular due to its convenient business model. A dropshipping business means selling products you don’t physically keep with you in stock. You act as a link between the manufacturer and the customer.
So, the customer places the order with you, and you deliver the products to them directly, becoming a middleman between them and the manufacturer. This is one of the best business ideas for men because of its low start-up cost.
#2 Online tutoring
This is another small business idea for men that requires very little capital. All you need is a stable internet connection, a quiet place, and a laptop.
And by online tutoring, we don’t mean just academic subjects. If you’re proficient in a skill, you can conduct classes for it. For instance, if you know how to play a musical instrument or are an excellent painter and want to share your learnings, you can start online classes and build a successful business.
Lastly, you can decide the syllabus, pace of teaching, and size of classes to suit your schedule, making this a highly lucrative business idea.
#3 Catering business
If you enjoy experimenting in the kitchen and making delicious dishes, this small business idea for males is right up your alley. As people lead increasingly busier lives, well-cooked food is highly sought after. And so, if your family and friends compliment you every time you don your apron, starting a catering business should be on your cards.
The best part about this business idea is that you can start your business operations right from your kitchen. This considerably cuts down on the initial real estate requirement and gives you an opportunity to finance expansion from your profits. You can start small by catering birthday parties and small events. And as the word spreads, your business will too!
#4 Fitness trainer
The next small business idea for men is perfect for fitness enthusiasts. You can either live stream your workouts or upload videos to Youtube or your social media handle to connect with your clients. And all this from the comfort of your home!
During the pandemic, many people started paying greater attention to their health goals, making fitness trainers like Joe Wicks and Zac Perna increasingly popular on social media. So, if you have the zeal to look and feel your best and want to share it with the world, you should definitely explore becoming a fitness trainer.
#5 Travel and tourism
As the world witnesses “revenge travel” and people try to make up for the time lost during the lockdown, opening a tourism business is another good business idea for men in 2023.
India is a country that is rich in culture and heritage and is a highly favoured holiday destination by many globally. You can offer services such as sightseeing, travel guides and packages to offer tourists an authentic and immersive Indian vacation.
#6 Social media influencer
If you enjoy sharing your experiences online, becoming a social media influencer is one of the best men’s business ideas for you.
All you need to do is find your niche. You can document your travels, give fashion advice, or even make entertaining content, and your following will grow. What makes this one of the best small business ideas for men is that it is fun and requires very little starting capital. So, you can start immediately and make your professional life shine in 2023!
#7 Web designing
This online business idea for men shows immense promise as our world becomes increasingly digital. Having an internet presence is essential today. And having a unique website can translate into better customer journeys and greater brand reach.
It is this reason that makes web designing one of the best business ideas for men in 2023. As a result, strong web designing skills are in high demand. Whether it’s businesses or individuals, they need web designers to help them establish a presence online. And if you have the skills, why not become a professional web designer?
#8 Sell your art
This small business idea for men has immense promise in today’s world. You can market everything from oil and acrylic paintings to graphic art and clay sculptures through the internet. You can advertise your work via social media platforms like Instagram and Facebook or build exclusive websites for your art.
Further, if you’re familiar with crypto assets, you can also explore non-fungible tokens (NFTs). By converting your art into NFTs, you can access a completely different market using the cryptocurrency Ethereum in India.
To sum up
As we move to a digital world, home-based business ideas for men are gaining considerable traction. Not only do they cut out the real estate and commuting costs, but they also allow you to do more in less time. So, make sure to take that under consideration when deciding your professional landscape for 2023.
Lastly, one major hurdle remains. And that’s capital. Dipping into your savings may seem like a good idea, but what if we say you can keep that safe for the future and start your business in 2023?
We at Tata Capital offer business loans at attractive interest rates with quick approvals so that you don’t need to sacrifice your today for tomorrow. To learn more, visit our website and apply for a loan today!
30 January 2023
6 mins read
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