6 Entrepreneurial Ways for Teens to Make Money
Youth's carefree years are the best for exploring entrepreneurial possibilities and realities -- before adulthood raises the stakes.
During your teen years you have the most freedom you will ever have in your life. While lots of people will seek their first job at a fast food chain or local business, don’t let anything stop you from working for yourself. There are lots of ways you can make money, you just have to get creative. In this day and age, especially with the power and easy access of the internet, you can never be too young to start making money for yourself. There are many unique ways to make money as a teen.
Buying and re-selling.
You can find things to buy and resell anywhere, you just have to keep your eyes open. Check out local garage sales and thrift stores. Even check with your neighbors or friends to see if they have anything they want to sell, but don’t have the time to list themselves. Once you find a product you think you can sell for more than you bought, make sure to validate this by looking to see how much other people are selling your product for. There are marketplaces you can list your item on including eBay, Etsy, Facebook Marketplace, and many more.
If you’re just getting started, don’t worry too much about how much you make, the skills you’ll gain and lessons learned along the way are priceless. You will gain experience with market research, customer service, shipping and fulfillment, as well as numerous other business fundamentals.
As a teen, technology is probably innate to you. Most teens take for granted their technical skills that are highly valued by the older generations ahead of them.
There are many people in your local community that have technical issues and no access to a trusted resource who can help. Get the word out by posting in local online community groups such as Facebook or Craigslist. Consider volunteering some of your time and services with local groups and organizations. This is a great way to network, demonstrate your skills, and contribute to your community all at the same time.
Lots of people prefer someone to come help them in person instead of talking to a stranger over the phone. Don't worry too much if you can't solve every issue on the spot. If you are resourceful, patient, and persistent in finding a solution, and if you provide outstanding service and follow up, word of mouth will spread like wildfire.
Social media is now a bigger factor than ever in the buying process, especially to teens. Brands recognize this and are doing anything they can to jump on the latest trend, while helping to promote their company. As a teen you are surrounded by the culture these brands want to be a part of 24/7. You know what your friends are talking about, what’s hot, and what’s not. This type of insight and access is extremely valuable to brands.
Think about how a company could become cool in your friends’ eyes and help portray this vision to the brand, whether it is a social media post, or even a new product. Reaching out to a brand may sound intimidating but all it takes is a simple DM or email explaining your idea. You never know what their reaction will be and what doors it may open for you.