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5 businesses most teenage entrepreneurs can run
If you think about it, many successful people have had the entrepreneurial mindset for a long time, even when they were kids. These types of people only advanced their tactics because they got older and wiser so they could eventually pull in more cash.
Many young people aren't sure what they want to be when they grow up, but they all know that they need money in order to do anything they want in their free time. This is where the entrepreneurs stand out from the rest, even at an early age. How many times have you seen kids selling lemonade on the corner to make a few bucks to purchase a toy or just so have money to do with as they please? Fairly often if you're in a friendly neighborhood lol.
Below I'm going to go over 5 low income start ups that any teenager can do in order to make some extra cash. You never know, it could actually turn into a full time business and you could be thanking me in a few years
1st Business: Online Marketer
Yes, an online marketer is not out of reach for teenagers, this is because you don't really need a degree to do it. Teens today have grown up using the internet, unlike us old folks who had to go outside and play with friends to cure boredom lol. Because of this, they know how a lot of media platforms and social platforms work, and they know it well. I actually saw my 8 year old daughter teaching my brother in law how to use an iPad a few months ago, and it was hilarious
Teenagers grew up with social media, which is covered with marketing from left to right and up to down. They know what it looks like and they know what tricks them into clicking, so they have the ability to become great online marketers in their spare time.
2nd Business: Snow Cone or Lemonade Stand
Now this isn't going to be like one that I mentioned in the opening paragraphs where you have a kid on the corner selling treats. This would be something mobile or stationary that is on a bigger scale compared to what the little kids on the corner are doing.
You could get your own little setup and customize it to be mobile if you want. You could then get contracted by town coordinators for their events and sell your goods there.
Teenagers are drawn to something like this because they can set their own hours and they can be their own boss. They will make more money the more they work, and that's great for the parents because the kids are out of the house making money for themselves and not asking for any haha
3rd Business: Craft Creators
Have you ever heard of a website called Etsy? Well it's loaded with all kinds of crafts that people make from home, and a lot of visitors buy this type of stuff. I have 2 sisters who got into this type of business and they have loads of crafts listed on Etsy. They make a decent amount of money from their stores, but the big paydays are the local craft shows. I went with them one time to just help out, and they made over $700 in 8 hours just sitting in their booth selling their goods. Of course it takes time to make each piec they are selling, but no more than 5 minutes each, which turns into a large profit
There are many success stories like this going around and I'm sure a lot of them are true. People can get into selling crafts and it will snowball into success over time if you keep your clients happy Usually when someone is happy with a purchase, they will come back time and time again to purchase more
4th Business: Auto Detailer
Every summer there are loads of teenagers trying to get a job at car washes. That is because it's an easy job to do and it's not very stressful, you're just cleaning cars. If you're working at an automated car wash, you just have to spot dry the cars when they come out!!!! lol.
Now working for a car wash is a great job for a teenager, but the young entrepreneur can take it a step further and make his or her own money. They will wash and detail the clients car with the client never even having to leave their own home. The mobile detailing center type of business is growing across the US and I don't see it slowing down anytime soon.
I actually know a guy who did something like this, he wasn't a teenager, but it was the same thing. He would work with local gas stations and offer a $20 quick detailing and wash, which people loved. He would pay the gas station owner 15% of every sale he made, which is reasonable, and keep the rest for himself. After about 3 months he had 7 employees working for him at 3 different gas stations. He would still work all day with 1 of the employees and have the other 4 split into 2 groups. He was making around $600 a day and after he took money out for inventory, he would split 50% of the profits with the employees he had. So not only is he making $200+ a day but he's handing out a nice little bonus to them for being great workers
5th Business: Tech Wiz
When you have someone, a teenager, who grew up with technology, it's easier for them to adapt to new things tech related. This means that they are usually better with gadgets and computers than most people who aren't studying how to fix them or upgrade the devices
I wouldn't suggest that a teen go right in and start up their own tech company right away. Get your foot in the door with a bigger company and see how everything works while you're getting paid for your time. After you figure everything out, start your own tech company and see where it goes
You could do anything from cyber security to just a basic computer repair shop. You could do local marketing and get a decent amount of technology noobs to pay you for a basic system scan and malware removal. Trust me, there are plenty of people out there that think their computers are beyond broken and all they have is a simple piece of malware stopping them from doing something lol.
These are the 5 businesses that I could think of off of the top of my head because I know people that have actually done them. The limits of starting your own business are only based on your imagination. Get out there and stat something to see where it goes, if it fails, learn from it and keep going
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