Business Ideas For Teens – Starting your own business doesn’t have to be limited to adulthood – it can start as early as adulthood.
An entrepreneur can identify a business opportunity in a variety of ways, whether it’s a small business like a lemonade stand or a tutoring service. Starting a business plan when they are young allows them to take advantage of their existing connections, especially if they are in school. Starting early can ensure that their hard work helps them save a long-term goal or find investors as their business grows.
Business Ideas For Teens
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Young people balance school, work, and personal life every day. This makes it very important to choose the right business idea that fits the needs and availability. It is also important to consider how often they can dedicate their business ideas or side activities.
Young business ideas should be flexible about hours and commitments, as school takes up most of their week. Choosing a business opportunity most weekends make sense, but they can also work after school or in the evenings. The best conditions for youth activities are flexible and accessible activities since young people do not yet have a high school diploma or a university degree.
Most teenagers live with their parents, so starting a home business is likely to require parental permission. However, young people can find space in their home to devote to their business ideas.
For example, you can save the dining room table to put things in the evening, or you can use the garage to prepare the store when they have free time. No matter where they choose to build their home business, a designated location will help streamline the process.
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Since a typical school day is all morning and early afternoon, flexible part-time hours are arguably the most important factor in youth business success. After school, most teens have a lot of homework, group projects, and extracurricular activities. Being able to plan these items into their schedule is critical to their success.
As they say, it takes money to make money. Your small business venture should have low start-up costs because the jobs available usually pay minimum wage.
For example, youth business ideas such as childcare or tutoring have low start-up costs but have profitable growth potential.
When deciding which business idea to pursue, it’s best to start with what you know. If your child is a creative person, they are in luck. There are many ways to channel your creativity into business.
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In fact, young creative people are an advantage because they can create or distribute their creations or services. At the age of 13, the King of Pop Michael Jackson started his solo career, so there are many opportunities for a teenager to start.
If your teen has a talent for makeup, try out their skills as a makeup artist! After working with family members or close friends, getting clients to put on beautiful makeup faces can help boost records and add some extra cash to their wallets.
Taking music lessons from an early age can help up-and-coming musicians excel in their craft. When your teen is ready to show off their skills, playing concerts at family events, birthday parties, and other special occasions can help build a loyal following. Consider posting flyers around town advertising their skills to spread the word!
Customizing an outfit is a useful skill for being a queen or regent, especially since it doesn’t require a degree or certification. Tailors can accommodate clients according to their schedule and the business can be as fast-paced or off-campus as you like.
Small Business Ideas For Teens
Although not essential, a sewing machine is useful for this business idea. Your teenagers can sew and sew clothes for a special price or even make cosmetic designs for their clients.
Take their artistic skills to the next level as an illustrator or graphic designer. Every company needs beautiful graphics or images to promote their products or services, so there is no shortage of opportunities. Be sure to show clients a portfolio of work so they know what to expect and communicate their needs in advance.
For those who are masters behind the camera, a career in photography or photography can begin as early as adulthood!
Whether they prefer to photograph pets, events, or anything in between, they can find a niche that works for them and builds their clientele over time. If your teen wants to go the extra mile, they can learn Photoshop or Lightroom to become a photo editing professional.
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The freelance world is the most accessible industry for young people, especially writers. Many publications accept contributors and pay authors for contributing to the publication. If they write regularly, they can even start their own blog on Medium or create content through Substack.
About 81 million people used the online marketplace Etsy in 2020. If your teen is crafty, setting up an Etsy shop is a great business venture. However, it is important to note that Etsy sellers must be 18 years or older.
If your child is under the age of majority, make sure the account is under the name of the parent or guardian.
Candle making has been a practice throughout history and is a great way to pocket some extra cash. Candles are also personalized with different scents and colors at affordable prices. You don’t need a degree or certification to make candles at home, so this is another amazing business idea for young people.
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Homemade soap is another great way to make and personalize with different scents and designs. This is a good business for young people, with the low start-up costs and a wide network of friends they can advertise through word of mouth. Create unique packages to stand out from the rest!
Visit a local store to start a bookkeeping business. Many people prefer to capitalize on their bookkeeping efforts by using a bookseller, which can ultimately be a profitable business. The initial cost is low and bookings can be made remotely, making this ideal for young people.
Just like scrapbooking, creating personalized greeting cards is another wonderful way to use your teen’s creativity. Perfect for those with artistic skills, they can request the greeting card clients want and charge accordingly.
Creating personalized earrings, necklaces, bracelets and rings requires tools and materials found at a craft store. Be sure to pick up unique stones and gems to add to your home jewelry! They can sell their pieces at the local farmers market.
Online Business Ideas For Teens
Shopping gift baskets are another great way to pocket some extra cash because people are always looking to give meaningful gifts. Gift baskets can include self-care items, express packaging and other goodies for the recipient to enjoy. This is a great business idea for young people as they can make gift baskets at home.
In recent years, the e-commerce industry and internet business have grown exponentially. Around 15% of social media influencers are under 25, so starting early will ensure young people develop their skills over time.
For every 10,000 followers, influencers have an earning potential of $100. Catering to an audience that consumes content and shops online, this niche is perfect for young adults.
With over 600 million blogs on the internet, the blogging industry is booming. Finding your niche will ensure you stand out from the crowd, whether it’s a vegan baking blog or a clean beauty blog. Get a blogging career off the ground with sites like WordPress or Bloglovin.
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The podcast industry is said to reach $1 billion by 2021. Podcasting has been around forever but it’s just like blogging. It’s important to find a place where you stand out from the crowd. Using recording software like Squadcast makes it easy to record remotely and give each guest a unique audio track. All your teens need is a microphone, editing software, and a computer to upload their podcast episodes to Spotify, Apple, and anywhere else podcasts are available.
There are many social media platforms that teens can use to grow their following, from TikTok to Instagram and even YouTube! Their income would come from product development, clothing, food and other related marketing. YouTube reviews and unboxings are a great way to monetize videos, especially if they are YouTube personalities or live streams on Twitch. Finally, they will learn the ins and outs of social media marketing.
Just like opening their own Etsy store, your teen can run their own eBay store where they can become successful sellers. With over 187 million users worldwide, people are always looking to buy used goods at low prices.
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