When children become teenagers, they start thinking of financial independence. Of course, they would still like to live with mom and dad but they plan to mooch off them less! Saving up on their allowance won’t cut it. The best way is to earn money, but their age would disqualify them from most work. The next best option is to start a business.
If you ask those who belong to “Generation X” or those who were born from the 1960s to the early 1980s what the business ideas for teens were during their time, they would probably say newspaper route, food stalls, yard work, car cleaning, bowling alley pin boy, and pool cleaning. Work back then was physically demanding. However, the age of the millennials is differentiated by a very significant development.
Children who were born from the mid-1980s to the 2000s or the new millennium have experienced the digital revolution. They have seen the evolution of the main frame to the compact personal computer, and they now live in the age of mobile technology. Convenience is packaged into gadgets that are small in scale yet massive in scope and fast in speed.
Therefore, although some of the business ideas from Generation X remain relevant and in demand, most of the concepts of the millennials have their origins rooted in digital technology. Although a measure of physical labor is still required, the majority of jobs are no longer physical. Instead, they usually now involve a click of the mouse or a tap on the keypad.
Here are 20 of the most awesome and best business ideas for teens in the Philippines.
20 Best Business Ideas for Teens
Have you heard of Willie Greene, Tavi Gavinson, and Spencer Tweedy? They manage the highly popular and influential blogs, WeTheUrban, Style Rookie, and SpencerTweedy, respectively. They are also the most sought after bloggers who are under the age of 18.
Teens always have something on their minds, and the Internet has given them an outlet to express themselves. Gone are the days when teenagers had to brood like James Dean or Johnny Depp to earn some street cred! Now, all they need is a blog page that can be set up for free or at minimal costs.
You don’t need to be a Mark Twain or an Oscar Wilde to write a blog. You just need to unleash your ideas and express yourself to the market.
2. Video Game Reviewer
One of the industries that openly hire teenagers to work in their business is the gaming industry, and statistics prove why. In 2010 alone, 74% of gamers composed of those who belong to the age demographic of 18 to 49 years.
The global video gaming industry is expected to flourish from US$64 billion in 2014 to US$100 billion in 2018 largely because of the growth of mobile gadgets.
Online job markets, such as Elance, frequently post jobs that need video game reviewers or testers.
3. Party Entertainer
Digital technology has marked the age of the millennials. However, the others who plan to capitalize on their talents are not discouraged from using this technology.
Can you sing like Beyonce? Play card tricks like David Blaine? Perform in a band like One Direction? Move like Jagger? If you have a talent that you no longer want to hide, seek out a ready audience.
Offer your services for birthday parties, weddings, and company functions. In this age of social media, all you need is a video footage that can go viral.
4. Web Designer
Millennials, who are born in the digital age, are usually drawn to modern things. In the Internet, the website is the usual point of destination.
A good number of teenagers start learning website design to build their own site. Eventually, they branch out to helping others build their own websites. Website designing is a skill that is best served with formal instructions. However, you can make good money by setting up simple website designs for people who do not need websites with all the bells and whistles.
5. Fashion Designer
For sure, you have heard about “The Olsen Twins”; the former child stars turned fashion moguls. Mary Kate and Ashley starred in the popular 1980s TV show Full House, and when the show ended its run, the teenage twins started their own fashion line and became billionaires!
Teenagers are known for following style icons but some have the flair for making their own look. As a reference, watch the classic 1995 cult movie, Clueless.
If your friends always ask you for style tips, maybe it’s time to start your own line.
6. Jewelry Making
Another great opportunity for creative individuals is designing a jewelry. This business may take a large capital and hours invested in learning, but great-looking and stylish jewelry can be made with simple and readily accessible materials, such as beads and silver.
Your obvious target market is the female population, and there are several opportunities to present your wares. Women always look for something unique and eye catching that best complements their everyday wear.
You can easily sell your creations on Facebook and other social media networks. Women are active and passionate shoppers. If they like your product, trust that more people will know more about it!
7. Social Media Marketing
A study by Pew Center showed that 92% of teens or those aged 13 to 17 are online every day. Where do they go online? Of these teens, 71% are on Facebook, 52% are on Instagram, and 41% are on SnapChat. Moreover, 71% of teens have more than one social media account. As the smart phone continues to evolve and becomes increasingly popular, expect social media figures to rise consistently over the next few years.
If you spend more than four hours a day on social media, why not get paid for it? Offer your services to companies who target the teenage market. Your negotiating chip is your network. If you have developed a good-sized community of teenagers, monetize it through social media marketing.