Business Ideas for Teens: Start Your Side Hustle Early

If you’re like me, your grandad has been telling you to get a job since you were about eight.

“Back in my day,””when I was your age,” and “it’s time to start contributing” are the starts of conversations I have heard all too often.

But what if, instead of getting your first job running papers around the suburbs for a few measly dollars, you could create your own job?

As technology continues to develop, more and more opportunities are becoming available for young teens to create their own businesses, often from the comfort of their own homes.

So, if you’re an aspiring young entrepreneur (or a parent that wants to stop giving your kid an allowance), read our list of the best small business ideas for teens.

Why Start a Business in Your Teenage Years?

Aside from the fact that a successful business brings with it more money for you to spend (no more nagging your mom!), there are also many other benefits to starting a business in your teens.

Regardless of whether you plan to go to college or not, take a gap year, or jump into a job, you still have plenty of time to test out creating your own business first!

There is only so much that reading books and listening in class can teach you about life. To really learn about something and develop hands-on skills, you need to be contributing rather than simply consuming.

At the very least, setting up your own business is incredibly attractive for colleges as it shows your drive, desire, and forward-thinking.

It’s also a fantastic way to build up your experience and network with professionals, which will make it much easier for you to get a job in the future.

Plus, it’ll keep your parents off your back when you say you need to spend more time on your laptop…

Disclaimer: Some platforms, tools, or regions require you to be at least 18 to register. We advise you always ask for the consent of a parent or guardian before attempting to start a business.

Don’t Skip: 19 Reasons to Start a Business

Small Business Ideas for Teens

Streaming

The world of streaming skyrocketed during Covid-19, with many of us spending time watching our favorite gamers rage quit games of Minecraft or live vicariously through IRL streamers who were actually allowed outside.

So much so, that the Verge estimated that the live-streaming sector grew by 45% in the first two months alone, and the industry grew by more than 99%!

Since then, the industry has only continued to grow, and with the advancements in technology making streaming equipment more affordable than ever, this could be a great option for anyone who loves spending time online or playing multiplayer games.

However, it can take time to build up your audience, so don’t expect to make money right away.

Dive Deeper: Hate Creating New Content? Cut Your Content Creation Time in Half with This Strategy

Ecommerce

If you’re a fan of business, economics, and digital design, setting up an ecommerce brand could be the way to go. Websites like Shopify or Squarespace have made it easier than ever to create a website, purchase a domain name, and start selling your chosen goods or services online.

Dive Deeper: How to Start an Ecommerce Business

When mom gives you lemons, make lemonade

There’s a reason that you see kids flocking to the bake sales or lemonade stands during times of financial crisis in popular movies.

And the little girl down the road flipping granola bars and homemade soda every month while her dad mows the lawn isn’t just doing it for fun.

They’re doing it because it works!

Don’t expect to make a full-time career selling refreshing citrus drinks from your garden, but do expect your neighbors to be generous with their purchases, helping you make some much-needed additional pocket money.

Card readers are also much more accessible now, making it easier to take payments, and giving even your stingiest neighbors no excuse when it comes to payment.

Dive Deeper: How to Make Money on the Side

Get crafty

Do you spend time making handmade goods in your spare time? Would you be willing to part with them for reams and reams of cash?

Okay, maybe not reams and reams, but you can certainly make money selling your handmade goods on websites like Etsy or eBay.

People love purchasing unique items and helping small businesses, so with a little design and business nous, you could quickly create a profitable business.

Dive Deeper: How To Start An Etsy Shop

Design websites and online stores

If you spend lots of time online, chances are you could make money by designing websites or online stores. Many small business owners do not know how to do this, but it is a crucial component of almost any business.

Squarespace and other websites allow you to design websites using a drag-and-drop format, so you don’t need to be an expert in coding to set up this type of business, and you can learn new skills and increase your rates as you learn on the job.

Dive Deeper: 16 Ways to Find (and Win) Your Dream Clients

Frequently Asked Questions About Business Ideas for Teens

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Keep Learning: Business Ideas for Women Entrepreneurs

The Pocket Money Ends Now!

Teens, now you have all the information you need to get started with your very own business. Parents, now you have all the encouragement you need to get your teenager off to the perfect start!

We have a series of stories from successful business people that started as teenagers:

• This Entrepreneur Convinced His Mentor to Be His Co-Founder
• How Shipt Founder Bill Smith Had Three Exits Before 40

Also, whatever your business idea might be, ensure you check out our free training to help ensure it gets going on the right foot.

The post Business Ideas for Teens: Start Your Side Hustle Early appeared first on Foundr.

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