To make money as a teenager you first need a plan. Here are the steps you should take. 1. Set a goal. Decide how much money you want to make. Are you looking to buy one thing or do you want to have money to spend each month? This will help you determine what idea you should try. 2. Brainstorm ideas. If your parents aren’t okay with your idea it won’t happen so brainstorm with them things you could try. There are over 200 ideas throughout this article so you can find great ways to make money as a kid right here. 3. Research your idea. When researching the idea, find out what resources are needed, what the cost of doing business will be and, finally, what to charge. That way you can make sure you’ll actually make money. 4. Decide how you’ll get people to buy. This is called a sales and marketing plan. First, start by writing a simple pitch. Include the following: name, business name, the reason you want to make money, the benefit the product or service will provide, proof that others have used the service (even if that’s your parents, as the first customer!), plus a call to action. Here are a few sales and marketing methods that work for kids: Emailing or texting friends and family Making eye-grabbing Facebook posts (perhaps for a community group page) and encouraging others to share Putting up flyers and posters around the neighborhood Going door-to-door in your neighborhood Setting up a stand on a busy street or at a local park 5. Bring on partners. You don’t need to have a partner, but I recommend it if this is your first kid business. Besides making money as a kid is way more fun with a friend. You may even need a small loan from your parents to get started. Work out a win-win deal for everyone involved. 6. Just…START. The most important step of all is…just START. Make that first phone call and knock that first door. The fear of actually starting is one of the biggest hurdles to overcome. Soon you’ll see that it’s not scary after all and that making your own money is actually very rewarding. Sometimes it is best to start with easy ways for kids to make money first. Once you get the hang of it you can move onto more advanced money making strategies.
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