Young entrepreneurs and students in their teenage years, with some skills or experience, can easily start their own businesses. Starting a small business can provide an extra income, helping financially. There are plenty of business ideas that teens and students can explore with minimal investment. Below are 20 business ideas for young entrepreneurs:
- Dropshipping
Dropshipping is an affordable and efficient way to start an online business. It involves selling products without keeping any inventory. You create an online store and partner with a dropshipping supplier. When a customer places an order, you send the details to the supplier, who ships the product directly to the customer. You only pay the supplier after receiving the payment, keeping the profit difference. - Handmade Products
If you’re good at arts and crafts, you can start a business selling personalized handmade products. Customized gifts, home decor, jewelry, and accessories are always in demand. You can sell your creations through social media or a website, with minimal investment required for materials. - Photography and Videography
If you have a passion for photography or videography, you can offer your services for events like birthdays, weddings, or parties. All you need is a good camera or video recorder to start. You can also sell your photos online or offer freelance services for companies needing product photos. - Babysitting
Many working parents need a babysitter to take care of their kids, especially in the afternoons or weekends. Start by babysitting for family and friends, and ask them to refer you to others. This business requires no investment, just a love for children and the ability to take care of them. - Pet Sitting
With many pet owners working or traveling, pet sitting is a great business idea. You can look after pets when their owners are away. There’s no investment required other than knowing how to care for pets, and you can market your services through word of mouth or social media. - Tutoring
If you’re good at a particular subject, consider offering tutoring services to younger students. You can tutor online or in person, depending on your preference. A computer and internet connection are all you need to start tutoring online. - YouTube Channel
Starting a YouTube channel is a great way to share your passions, whether it’s cooking, dancing, makeup tutorials, or educational content. Over time, you can earn money from ads and sponsorships as your channel grows. The main investment is in a good camera and editing software. - Blogging and Vlogging
If you enjoy writing, you can start a blog on topics like food, travel, fashion, or technology. Alternatively, vlogging (creating video content) on YouTube is another option. You can make money through advertising or affiliate marketing. The main investment is a laptop and internet connection. - Dance Classes
If you have dancing skills, you can start teaching others. You can offer online or in-person dance classes to children or adults. No major investment is needed except for a space to hold classes, and online classes only require a laptop and internet connection. - Yoga Classes
Yoga is a popular way to stay fit and relax. If you are trained in yoga, you can offer lessons online or in your local area. You can start with a few people and expand as you gain more clients. You’ll need a quiet space and a laptop for online classes. - Graphic Designing
If you have skills in graphic design, you can start a business creating logos, marketing materials, or websites for clients. You can offer your services online or through freelancing platforms. There’s little investment needed aside from your computer and design software. - Freelance Writing
If you have a talent for writing, consider offering freelance writing services to businesses or individuals. You can write blog posts, website content, product descriptions, and more. All you need is a computer and a good internet connection. - Social Media Influencer
With platforms like Instagram and TikTok, becoming a social media influencer is a popular career. As your following grows, you can make money through sponsored posts and brand collaborations. It takes time and effort to build a large audience, but it can be a profitable business in the long run. - Reseller
A reseller buys products from wholesalers and sells them at a higher price, usually online. You don’t need to create the products yourself, and you can start with a small budget. You will need to find reliable suppliers and market your products through an online store or social media. - Website Designing
If you’re good at web design, you can help businesses create their websites. Many small businesses need an online presence, and you can offer your services to design and develop user-friendly websites. The main investment is in your skills and a computer. - Delivery Services
With more people shopping online, there’s a growing need for delivery services. You can offer local delivery services to small businesses or customers. This business requires minimal investment, and you can start by working with local shops or small-scale sellers. - Event Planning
If you have strong organizational skills, consider starting an event planning business. People need help organizing special occasions like weddings, birthdays, or corporate events. You can start by offering services to family and friends and gradually build a network. - Bakery Business
If you enjoy baking, you can start your own bakery from home. Offer cakes, cookies, and other baked goods. You can take custom orders for special occasions and deliver them to customers. You only need to invest in the necessary equipment and ingredients as orders come in. - Cloud Kitchen
A cloud kitchen is a business that operates only online, with no physical store. You can start a cloud kitchen from home, offering a menu of food items that customers can order online. The initial investment is low, and you can expand as you gain customers. - Makeup Artist
If you’re skilled in makeup, consider starting a makeup artist business. Many people need makeup services for events like weddings or parties. You can start with friends and family and grow your business by marketing your services on social media. Your main investment will be in quality makeup products.
These 20 business ideas are ideal for teens and young entrepreneurs as they require low or no investment. With hard work and marketing through social media platforms like Instagram, Facebook, and YouTube, young entrepreneurs can quickly grow their businesses and turn them into profitable ventures.