10+ Best & Profitable Six Figure Business Ideas [2023]

Want to start your own six-figure business in 2023? Check out this helpful article for a list of 10+ best and profitable ideas that you can get started with today! Unlock the potential of your entrepreneurial spirit and create a secure future with these unique and invaluable business ideas.
Newfoundr

By Nick Cotter
Updated Feb 07, 2024

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Hey there, future entrepreneur! We're thrilled to see you here, ready to dive headfirst into the exciting world of six-figure businesses. It's 2023, and the landscape of entrepreneurship is more vibrant and diverse than ever before. You're standing on the edge of a goldmine of opportunities, and we're here to guide you through it.

Are you tired of the 9-5 grind? Do you dream of financial freedom and the thrill of building something from the ground up? Well, you're in the right place. We've compiled a list of over 10 of the best and most profitable business ideas that can catapult you into the six-figure club.

But we're not just throwing ideas at you. We're going to walk you through each one, sharing success stories and offering practical tips to get you started. This isn't just about making money; it's about finding your passion and turning it into a thriving business. So, are you ready to step into your future? Let's get started!

Online Marketing Consultancy

Online marketing consultancy is a business that offers advice and guidance to companies on how to best utilize digital marketing tools in order to achieve their goals. This can include:

  • Advice on how to use search engine optimization (SEO), keywords and content writing for maximum exposure
  • Developing a strong presence on social media, including creating posts and optimizing paid campaigns
  • Building an effective website with UX/UI design and proper coding
  • Creating and maintaining a successful email marketing campaign
  • Designing creative banners, logos and other graphics as needed

Starting an online marketing consultancy makes a good business idea because it combines the knowledge of digital marketing tools with the expertise of experienced marketers who know how to effectively use them. This allows companies to leverage their existing resources while also getting professional advice that can help them maximize their online presence.

image of a Online Marketing Consultancy

Medical Tourism Agency

A medical tourism agency is a business that specializes in providing medical services to international patients. Medical tourism agencies coordinate with hospitals and medical professionals to provide medical procedures and treatments at an affordable price. These agencies often provide additional services such as visa support, travel arrangements and accommodation for their clients.

  • Cost savings for medical procedures
  • In-depth knowledge of the healthcare system in different countries
  • High demand for quality healthcare at an affordable rate
  • Opportunity to offer additional services like visa support, travel arrangements and accommodation
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Examples of successful businesses:

The six figure business industry is known for its potential to grow and develop wealthy businesses. There are many successful companies that have earned six figures or more within this industry. Below is a list of some examples of successful six figure businesses:

  • Amazon
  • Dropbox
  • Facebook
  • Airbnb
  • Google
  • YouTube
  • Microsoft
  • Apple
  • Uber
  • Netflix

Healthcare Staffing Agency

A Healthcare staffing agency is a business that connects healthcare employers and job seekers. This type of business could be a great opportunity for those looking to make money in the healthcare industry. Here are some benefits of starting a Healthcare staffing agency:

  • You can create your own schedule.
  • You can offer specialized services to potential employees.
  • Establishing relationships with health care employers provides an opportunity to grow your business.
  • You have the potential to make good money in the industry.

More resources:

Residential Property Management Business

A residential property management business offers services to landlords, such as collecting rent and maintaining rental properties. It can be a great business idea for entrepreneurs looking for a steady income and flexible lifestyle.

  • Manage rental properties: Setting up and overseeing the rental agreement between the landlord and tenant, collecting rent, handling maintenance and repair requests, issuing notices of breach of contract, coordinating evictions if necessary.
  • Managing leases: Establishing lease terms that are favorable to the landlord, making sure the property complies with legal requirements, resolving disputes between tenants if necessary.
  • Financial management: Keeping track of rental income and expenses, preparing monthly statements for landlords.
  • Marketing: Promoting rental properties to potential tenants through online listings or other marketing techniques.

Financial Services Business

Financial services businesses act as intermediaries between individuals, organizations and other businesses, providing services and advice on matters related to financial planning, investment, taxation, and more. Financial services businesses are attractive investments because they offer the potential for high profits with relatively low startup costs.

  • Financial services companies can provide services such as insurance, investment advice, and banking.
  • They often offer specialized advice on complicated monetary matters.
  • Successful financial services companies often generate wealth for their clients.
  • Businesses can charge clients for specialized advice or by taking a portion of their client’s investments.

Related business ideas:

Professional Speaker Business

A Professional Speaker business is a service that provides events, conferences and meetings with expert public speakers. This type of business can be very successful because it provides a service that is in high demand within industry, media, education and government. Here are some advantages of a Professional Speaker business:

  • There is potential to charge high hourly rates.
  • It allows you to use your knowledge and experience to inspire and influence others.
  • You can travel for work, giving you the chance to explore new places.
  • You have the opportunity to network with professionals in your industry.
  • It can provide you with flexible working hours.

Specialized Recruitment Agency

A specialized recruitment agency is a business idea that focuses on helping the right people find the right job. Specialized recruitment agencies are typically focused on one area of expertise, such as IT, accounting, or engineering. This provides more specialized service and access to a pool of highly-skilled job seekers. The benefits of a specialized recruitment agency include:

  • They can provide a more tailored service as they specialize in one specific area.
  • They can have a broader network of highly skilled job seekers.
  • They are better equipped to handle the complexities of recruiting in specialized areas.
  • They can help employers find the best candidates for their vacancies.

Import-export Business

An import-export business involves trading goods and services between different countries. This type of business presents many opportunities due to increased globalization and the increasing number of global connections. It also provides a unique way for companies to expand their customer base. Some of the benefits of operating an import-export business include:

  • Access to international markets
  • Opportunity for higher profits than domestic sales
  • Higher demand and potential customer base
  • Ability to leverage foreign currencies
  • Low barrier to entry
  • Ability to expand product or service offerings

Home Healthcare Services Business

Home healthcare services businesses offer assistance to individuals and families in managing health care needs in the home. Home healthcare services can range from basic medical care to more specialized occupational, physical and speech therapy. These businesses can provide a much needed service, especially in areas where there may be a shortage of health care professionals. Here are some of the benefits of starting a home healthcare services business:

  • Opportunity to offer comprehensive medical services that may otherwise require referral to specialists or other health care providers
  • Increased demand for home-based care due to growing population of elderly and disabled individuals
  • Flexibility in managing schedules, working hours and locations as needed
  • Low overhead costs associated with starting and running a home healthcare services business
  • Potential for increased income with the right business model and marketing plan

Luxury Travel Services Business

A luxury travel services business provides customers with high-end, personalized experiences during their vacation or business trips. Such services can include packages tailored to customers’ individual needs, such as private airport transfers, limousine services, exclusive reservation access to upscale restaurants and resorts, and more. Not only do these businesses offer customers access to exclusive experiences they would likely not be able to find by themselves, but they also provide valuable concierge services throughout their trip.

  • Exclusive Travel Experiences: A luxury travel services business provides customers access to exclusive experiences they may not otherwise be able to find.
  • Concierge Services: Luxury travel services often offer concierge services throughout the customer’s trip.
  • High-end Packages: Packages tailored to the customer’s individual needs can include private airport transfers, limousine services, exclusive restaurant and resort reservations.

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Founder and CEO

We're newfoundr.com, dedicated to helping aspiring entrepreneurs succeed. As a small business owner with over five years of experience, I have garnered valuable knowledge and insights across a diverse range of industries. My passion for entrepreneurship drives me to share my expertise with aspiring entrepreneurs, empowering them to turn their business dreams into reality.

Through meticulous research and firsthand experience, I uncover the essential steps, software, tools, and costs associated with launching and maintaining a successful business. By demystifying the complexities of entrepreneurship, I provide the guidance and support needed for others to embark on their journey with confidence.

From assessing market viability and formulating business plans to selecting the right technology and navigating the financial landscape, I am dedicated to helping fellow entrepreneurs overcome challenges and unlock their full potential. As a steadfast advocate for small business success, my mission is to pave the way for a new generation of innovative and driven entrepreneurs who are ready to make their mark on the world.