There are only two ways for how to make money as a teen. You can build your own online business, which is more profitable in the long run but requires more work upfront, or you can get paid simply for your time spent online.
The question you should ask yourself is, “Do I want to know how to make money online as a teen because I need money right now?
Or, “Do I want to learn how to make money online as a teen because I want to keep making money month after month even while I sleep?”
How To Make Money Online As A Teen: Step 1 – Employee Or Boss
Well? Why do you want to make money online as a teen? Click on the image that fits your money making goals the best (but read this entire post about how to make money online as a teen first, so you know what to do when you get there).
If you answered yes to the question, “Do I want to learn how to make money online as a teen because I want to keep making money month after month even while I sleep?” then, click here to learn how to make money online as a teen by building your own website and becoming your own boss. This method will be harder in the beginning, and will require more time, but your earnings potential is significantly higher (by thousands of dollars).
I want to know how to make money online as a teen because I need money right now.
Then click here to learn how to make money online as a teen and get paid to be online. This method will be start be easy, but it always requires that you put in the time, just as if you were an employee of a company.
If a teen that wants to make money now, CashCrate or Swagbucks are the are some of the best I have tested. They’re legit. You can learn more about how to make your first $100, in my CashCrate Review and my Swagbucks review.
I want to build a website, be the boss, and keep making money month after month, visit this “how-to” post.
What would I suggest for how to make money online as a teen?
Well, you probably can guess, I chose to build an online business! This website, www.howtomakemoneyasakid.com is my business. That is exactly what you are reading right now. Why is building your own online business is the best idea for how to make money as a teen?
I believe that you can be making enough money by the time you graduate high school to never need a job. That is my mission and hope for you. It is not going to be easy to start your own online business but it will get easier. Creating an online business while a teenager is the secret to becoming a millionaire in my opinion.
After high school and college, your friends will be working from 9 to 5 and only get two weeks of vacation a year. As an online business owner, you can be your own boss and will be able to take two weeks of vacation every month. How does that sound?
Here are two examples from owners of online businesses.
Pat Flynn, of Smart Passive Income was an architect drawing and designing buildings. In the 2008 crash he lost his job and no one was hiring. Luckily he had already started building his online business a year and a half before. Once he lost his job he decided to put his full effort into his online business. He made and sold an ebook on his website and made over $7,000 that month.
He kept working on his online businesses until now he is making over six figures every month. He publishes his monthly income reports so you can see how much money he made last month (It is in the top right corner.). You can learn more about Pat’s story here.
John Lee Dumas, of Entrepreneur On Fire John felt that he had done everything right. He went to college, spent 8 years in the military and had a good job but he felt like he was on a “hamster wheel,” running faster and faster but not getting anywhere. He decided to start his own online business and now makes over $150,000 a year doing what he loves.
He also publishes his income reports so you can see how much money he made last month here. (Again, top right corner.) You can watch John telling his story in a video here.
The craziest part is you are a teen and you don’t need a job right now. Both Pat and John had full time jobs when they started their online businesses. You have a roof over your head and you have food on the table. You don’t need a job right now.
You can work on your online business after school over the next couple years and start making enough money before you even graduate high school. That way you will never need a job.
It is going to take at least a year or two to start making good money from your online business but by that time you will be the boss and you won’t ever have to run around in a “hamster wheel.” Are you ready to know how to make money online as a teen by starting your own online business?
How To Make Money Online As A Teen: Step 2 – Choose Your Channel
There are many ways of creating a business for how to earn money online as a teen. You can do a blog, YouTube channel, Podcast, Twitter Celebrity etc. No matter what you decide, you will need to build a website to drive traffic to your channel and most importantly, make money.
It is very easy to build a website, so don’t worry. You don’t need to be a programmer. Basically, if you can read and write, then you can do it. Learn how how to build your own website step-by-step here.
These are the best channels for how to make money online as a teen. You can choose one to focus on or use all of them as a “be everywhere” strategy. Your website will be the hub.
- YouTube channel
How To Make Money Online As A Teen: Step 3 – Choose Your Niche
“The riches are in the niches.” A niche is a topic within a topic. For example, “How to make money” is way too broad and competitive. However, “How to make money as a kid” is a niche because it is more specific.
Choosing a niche allows you to be the best in the world at that topic because there is less competition. My sister loves no-heat hairstyles. That is a niche. Hair and makeup is a category, not a niche it because it is too general.
In choosing your niche you should write down ideas for:
- What you love.
- What you’re good at.
- What pays well.
You want to choose the idea that fits all three of these because it is something where you can be the best in the world. Get out a paper and pencil right now and write a list of, “what you love,” then a list of, “what you’re good at,” and “what pays well.”
For knowing what pays well the four rules to follow are:
- Will it help people make money?
- Will it help people in their relationships? (This is why there are so many styles and makeup youtube channels, girls feel like if they look good guys will like them.)
- Will it help people become healthier. (Cooking and exercise)
- Is it an expensive hobby? (Gaming, Golf)
Here are a couple points to consider when choosing a niche.
- Are people searching for your topic?
- Is there a lot or little competition?
- If I become super successful would I feel comfortable telling my Grandma?
- How can I earn money in this niche?
- Can I write/record at least 50 posts in this niche?
- Do I have the ability to create an “Insanely Valuable Resource?”
How To Make Money Online As A Teen: Step 4 – Build your Online Business
Now that you have decided to start your own online business, picked your channel(s) and niche, you are ready to start building your website. This is your next step, click here to learn how to start your website in six simple steps.
Authored by Steven Cooper Google