How to make money as a teen entrepreneur

Look, we get it. The idea of waiting tables or scanning groceries doesn’t exactly scream “future billionaire.” But here’s the thing – what you do today might just be the perfect launchpad for your entrepreneurial dreams. With a smartphone in your pocket and the entire internet at your fingertips, you’ve got more opportunities to start a business than any generation before you. So let us show you how to turn your skills and interests into real money as a teen entrepreneur, all while building something that’s actually yours.

Why starting young changes everything

Remember Mark Zuckerberg? He wasn’t sitting around waiting for someone to give him permission – he started Facebook from his dorm room. But here’s what’s even cooler: you don’t have to wait for university. Starting your entrepreneurial journey in high school can give you a massive head start.

Think about it – while your friends are stressing about their first job interviews, you could be building valuable skills, making real money, and creating something that grows with you. Plus, imagine dropping “CEO of my own company” on those college applications. That’s the kind of stuff that makes admissions officers sit up and take notice.

Now let’s dive into some ideas to help you get started.

Digital content creation

These days, you don’t even need to leave the house to make money – your bedroom could be your studio!

The YouTube gold rush

Heard of MrBeast? He started posting videos as a teenager. Now he’s making millions. But here’s what most people don’t tell you about starting a YouTube channel: success leaves clues.

The secret isn’t just about hitting record and hoping for the best. It’s about finding your angle. Maybe you’re the person who makes physics actually make sense to other teens. Or perhaps you’ve got a knack for explaining the latest gaming strategies. Whatever it is, the key is to start with what you know and love.

Getting started is simpler than you think. Your smartphone’s camera is probably better than what most YouTubers had five years ago. Add a $20 microphone from Amazon, and you’ve got everything you need to start producing content that could reach millions.

πŸ“Š YouTube Quick Facts:

  • Potential Income: $$$ – $$$$$ (1,000s to 100,000s annually once established).
  • Career Pathways: Digital Marketing, Video Production, Public Speaking, Brand Management.
  • Start Today: Film a video about your biggest passion using just your phone.
  • Pro Tip: Focus on a specific niche instead of trying to be everything to everyone.

Twitch: Where gaming meets business

“But my parents say gaming is a waste of time!” Well, tell that to the teenage streamers making more than doctors. Twitch has transformed gaming from a hobby into a legitimate business opportunity.

πŸ“Š Twitch Quick Facts:

  • Potential Income: $$$ – $$$$$ (1,000s to 100,000s annually for established streamers).
  • Career Pathways: Entertainment, Community Management, ESports, Tech Industry.
  • Start Today: Do a test stream playing your favorite game for one hour.
  • Pro Tip: Focus on being entertaining first, gaming skills second.

Podcasting: Your voice, your rules

Think about your favorite conversations with friends. Now imagine getting paid for them. That’s essentially what podcasting is. And with platforms like Spotify actively promoting new voices, there’s never been a better time to grab a microphone and start talking.

πŸ“Š Podcasting Quick Facts:

  • Potential Income: $$ – $$$$ (100s to 10,000s annually).
  • Career Pathways: Audio Production, Journalism, Content Creation, Public Speaking.
  • Start Today: Record a 5-minute pilot episode using your phone’s voice memo app.
  • Pro Tip: Interview interesting people in your community to build content quickly.

Digital services

There’s more to do online than become a content creator – in fact, some of the skills you already have might come in handy for these opportunities.

Web development

Here’s a mind-blowing fact: thousands of small businesses in your area still don’t have a decent website. And many that do need serious updates. This is where you come in.

πŸ“Š Web Development Quick Facts:

  • Potential Income: $$$ – $$$$$ (1,000s to 100,000s annually).
  • Career Pathways: Software Development, UX Design, Digital Agency Owner.
  • Start Today: Build a free website on Wix or WordPress for yourself.
  • Pro Tip: Start with local businesses who need simple, clean websites.

Turn your social media time into a career

Let’s be honest – you probably understand Instagram, TikTok, and Snapchat better than most business owners. That knowledge is valuable.

πŸ“Š Social Media Management Quick Facts:

  • Potential Income: $$$ – $$$$ (1,000s to 10,000s annually).
  • Career Pathways: Digital Marketing, Brand Strategy, Communications.
  • Start Today: Audit a local business’s social media and make three improvement suggestions.
  • Pro Tip: Create a portfolio by managing accounts for family businesses or school clubs.

E-commerce: Print-on-demand

Remember when starting a clothing brand meant investing thousands in inventory? Those days are gone. With print-on-demand services, you can sell your designs without holding any stock.

πŸ“Š Print-on-Demand Quick Facts:

  • Potential Income: $$ – $$$$$ (100s to 100,000s annually).
  • Career Pathways: Fashion Design, E-commerce, Brand Development.
  • Start Today: Create one design and upload it to Redbubble or Printful.
  • Pro Tip: Start with designs for a specific niche or community you’re part of.

Local services

Not that into the internet? There are heaps of things you can do with your hands too – here are just a couple:

Mobile car detailing

Think bigger than your neighborhood car wash. Mobile detailing is about bringing a premium service directly to busy professionals who value their time more than their money.

πŸ“Š Car Detailing Quick Facts:

  • Potential Income: $$$ – $$$$ (1,000s to 10,000s annually).
  • Career Pathways: Automotive Industry, Small Business Management, Luxury Services.
  • Start Today: Detail your family car and document the transformation.
  • Pro Tip: Create packages at different price points to attract various customers.

Pressure washing

There’s something oddly satisfying about pressure washing videos on TikTok, right? Now imagine getting paid to create those satisfying transformations in real life.

πŸ“Š Pressure Washing Quick Facts:

  • Potential Income: $$$ – $$$$ (1,000s to 10,000s seasonally).
  • Career Pathways: Property Maintenance, Contract Services, Business Management.
  • Start Today: Make a list of 10 houses in your neighborhood with dirty driveways.
  • Pro Tip: Create before/after content for social media marketing.

Making it all work

Let’s get real for a minute. Starting a business while juggling school isn’t easy. But here’s the thing – it’s not supposed to be. The challenges you face now are building the resilience and problem-solving skills you’ll need throughout your life.

Quick tips for success

  • πŸ“± Use your phone’s calendar to block out specific business time
  • πŸ“š Start with just 5 hours per week
  • πŸ’ͺ Pick ONE business to focus on first
  • πŸ“ˆ Document everything you learn
  • 🀝 Network with other teen entrepreneurs online

The bottom line

Here’s the truth about teen entrepreneurship in 2024: you don’t need permission to start building your future. You don’t need to wait until you’re older, and you definitely don’t need a huge investment to get started.

What you do need is creativity, dedication, and the willingness to learn from your mistakes. Every successful entrepreneur started somewhere, and many started right where you are now – as a teenager with a dream and the determination to make it happen.

So, what are you waiting for? Pick one idea that resonates with you and take that first step today. Future you will thank you for starting early.

If you want more tips and advice on entrepreneurship, you can check out the other resources on our website here.

Note: Always check with your parents or guardians before starting any business venture, and make sure to understand any local regulations that might apply to your chosen business.

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