There are plenty of teenagers in the world today that are crushing it as young entrepreneurs (and we want you to be next!) From YouTube stars to auto detailers, there are many options to consider when deciding on your first small business idea.
In 2023, there will be more opportunities than ever to start your own business. Starting a company used to require significant upfront investment and a staff of employees. Still, today we’re able to get a business off the ground with little or no money and connect with our potential customers through free channels such as social media and other online forums.
Business Ideas for Teens: What To Look For
Of course, when considering business ideas for teens, there are some limitations to factor in. Certainly, teens don’t have much capital sitting around. Some may not have a car or even a driver’s license. Of course, school commitments put a limit on working hours too.
Location Independent or Close to HomeMost teens are kept in one location due to schooling. Therefore, teens can either have a location-independent business (usually online) that they can run from anywhere or start a business near their home.
Flexible ScheduleSmall businesses take time to start and grow, but teenagers have limited control over their time. They have teachers, parents, and siblings dictating schedules. So we need a way for teens to work on their own time, knowing they can’t be on call 24/7.
1. Start a BlogFor teens keen on building their personal brand, we recommend starting a blog. A blog can be anything you want and will evolve over time. Further, there are many ways to make money from a blog in today’s online landscape.