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Best Business Ideas For Teens
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Kids Business Ideas To Make Some Money (good Kid Business Ideas)
After studying several million business owners who use , we found that founder types tend to be one of five personality types. which one are you?
Welcome, stargazers! This month, we’re opening up our Zodiac community to some (really) fresh founder faces. In a world that is constantly changing, the future is more certain for today’s youth. Seriously, 2020, give us a break! What will the job market look like for the class of 2021 and beyond? School can only teach you so much, and many young people supplement their book learning by building valuable real-world skills through their side interests. Some even make money doing it.
In our PR series, we interview some kids and teenagers who, between soccer practice, school work, and driving lessons, also run successful businesses. They’re saving up for Nerf blasters. And for college tuition. And some even use their superpowers to do good. Whatever their motivation, these young people—sometimes unknowingly—are also building the foundation for a successful future.
Here, we guide youth, parents, and teachers through the benefits of youth-run businesses and how to get started. We’ll also dig into each Founder’s Sign to suggest business ideas that are perfect for teens, based on personality type.
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Many successful entrepreneurs don’t take the traditional route, eschewing the education route and choosing to learn by doing. Whatever your plans are now after you graduate—college, gap year, jump right into work—remember that you’re young and can change course. You have the most valuable resource: time. At this stage of your life, it is important (and possible) to try several futures to see which fits best.
Starting your own business while you are still in school allows you to bridge the gap between theory (school books) and practice (real-time skill building). It can also help guide your post-graduation decisions—maybe your small business should be pursued full-time, or maybe you’ve discovered that entrepreneurship really isn’t for you.
If you’re applying to college, the school you’re applying to may factor into your extra-curricular activities in addition to your grades. A small business under your belt shows leadership skills and initiative in a way that a report card can’t. Colleges seek well-rounded applicants with potential for success. And it doesn’t hurt to save a few extra dollars now for tuition and living expenses.
Lastly, starting a business can help build your professional network. Even if you decide not to pursue entrepreneurship after you graduate, the contacts you make can be a useful source of professional referrals or job offers.
How To Help A Kid Start Their Own Business
If you’re in high school, you may have enough autonomy to successfully run a business almost entirely on your own. However, there are several legal and financial considerations. If you’re under 18, you’ll probably need a parent’s sign to get started. Depending on national and regional laws, in most places, minors cannot legally start their own business, and they cannot enter into legally binding contracts.
Parental assistance will likely also be required to open a business bank account. Again, this depends on the law where you live. Many services like PayPal require you to be at least 18 to sign up, too. As such, parents are legally responsible for the actions of teenagers through some of these accounts. You can check our guide on how to start a business once you decide to start.
Youth and parents should discuss how much involvement each will have, how the role will be divided, and what safeguards are in place to protect both parties. This information is not a substitute for legal and financial advice, and parents are encouraged to consult an attorney and accountant.
Since younger kids need help or supervision when starting a new business, these six business ideas are simple and close to home:
Best Small Business Ideas For Teens Story
Trailblazer teens can run a design consulting business, helping people in the community with projects like house painting or decorating.
Teenagers have more autonomy and flexibility and can easily run their own business without much parental intervention (after the initial set-up).
College students can benefit from starting a summer business to earn money for tuition and grow their network. Share this guide to help them start the business that makes them successful: College Student Star Map for Starting a Small Business
, a classic YA book series that has undergone a recent Netflix reimagining, follows a group of enterprising young girls who band together to dominate the temporary childcare market in their city. Take our quiz to see which is which
Unique Business Ideas For Teenagers To Start In 2023
What business you should start depends a lot on your interests and the amount of time you have to devote to it. However, your personality type can also point you in the right direction. Based on your sign, here are some ideal small business ideas to consider while you’re still in school.
You are our featured sign this month, Trailblazer. That’s because you’re just the type to excel at schoolwork while still balancing an active social life with a side business. You have the energy to juggle everything and the smarts to solve problems when everything inevitably collides at exam time!
Your creative side opens up many possibilities for running a handmade goods business. Can you make clothes from your own patterns, design jewelry, craft truffles, or take care of dogs? Here are just a few things you can create from home and sell online or locally. Make sure to choose something that you are passionate about that drives you.
Go for your wildest dreams. Do whatever you want, even if it’s the craziest thing. Kamaria Warren, founder, Brown Girls Stationery
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If time is short, Trailblazer, there are other ways to make a few bucks for your college fund. Try a service-based business—you’re great with people, after all—where you work your own hours and take on only as much work as you can handle.
? Tip: “Go for your wildest dreams. Do whatever you want, even if it’s the craziest thing. Just listen to what your heart says, and make sure you’re having fun. It doesn’t matter what your business is, as long as you’re happy doing it. —Kamaria Warren, the young founder of Brown Girls Stationery. ? Read more about Kamaria.
If we know you are Cartographer (we do), you have your nose in the book, study hard and vying for valedictorian. As with everything you try to accomplish, you do it with heart and dedication. This is what makes you a shoe-in for bossdom. You are organized enough to balance a full course load with a profitable side business. You tend to be more of an introvert, so you don’t mind too much if it cuts into your social life.
If you are creative, making and selling products online is a great option for you. If not, how about teaching some of those skills to others? Cartographers like you are natural teachers, as you are patient and excel at detail. You can sell kits, templates, or virtual classes through your online store and grow your audience on Instagram, TikTok, or YouTube with free DIY demos.
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? Tip: “Seize the moment. There is a 50% chance that they will say yes, which is a pretty big number. Never give up, try, and believe in yourself, because if you don’t believe in yourself, no one will. – Carson Kropfl, teenage founder of Locker Board. ? Read more about Carson.
Firestarter, it looks like you’re already an entrepreneur—you just don’t know. Kids like you have side hustles from the start. You’re a natural charmer and salesperson, and you’ve used your assets for everything from getting book report extensions to winning class elections. Why not use those skills to make a little extra money?
Firestarters like you can see emerging trends and attack them. Set up a fast online store and cashing in on a craze right up your alley. Try dropshipping or print-on-demand models to get your ideas off the ground quickly. This is a great idea that frees up time so you can keep working on all the angles.
? Tip: “Do something that no one else has thought of before. Create something new so that you can circle the market yourself. You can make a lot of money selling new and trendy things. —Charlie Kobdish, young founder of Charlie’s Treats. ? Read more about Charlie.
Business Ideas For Teens To Make Money This Year Story
Mountaineers like you are goal-oriented and determined to reach those milestones. That’s why, if you keep it in mind, you’ll likely be successful in your side hustle. You can be a bit single-minded, though, Mountaineer – excitement for a new project can cut into your school work. Try to set boundaries and set priorities from the beginning.
You have to hold yourself accountable. I’m only 19 years old, so I don’t have the best time
