Teen Business Models to Earn Income

Aug 29, 2024

Business Models for Teenagers to Earn $5,000 a Month

Introduction

  • Five business models that can help make $5,000 a month.
  • One standout model to be revealed.

1. Building Courses for Influencers

  • Model Overview

    • Contact influencers without courses and offer to build them.
    • Earn money via a percentage or high flat fee.
    • Zero upfront cost; use influencer's resources.
  • Opportunities & Operations

    • Low barrier to entry.
    • Requires infrastructure to handle multiple clients: build a growth operating agency.
  • Challenges

    • High competition; many DMs to influencers.
    • Creators are often reluctant to share revenue.
    • Flat fees are typically low unless the client is high-profile.

2. Affiliation for TikTok Shop

  • Model Overview

    • Promote products via TikTok and earn a percentage from sales.
    • Minimal requirements: TikTok account, partnership, and promotions.
  • Opportunities & Success Rates

    • Rapid growth with TikTok's new store features.
    • High earnings potential demonstrated by successful affiliates.
  • Challenges

    • Risk of account bans due to policy violations.
    • Revenue can disappear if the account is shut down.

3. Sales for Courses and Influencers

  • Model Overview

    • Sell high-ticket influencer courses via calls, earning commissions.
  • Opportunities

    • Commission rates of 5-25% on courses priced up to $10,000.
  • Challenges

    • Initial low-income and slow start; can take 6-12 months to establish.
    • Requires networking and skill development to succeed.

4. TikTok Creativity Program

  • Model Overview

    • Earn money by posting videos over a minute long ($1 per thousand views).
  • Opportunities

    • Low effort; potential for high earnings with creative content.
  • Challenges

    • Risk of videos being flagged for reused content.
    • Inconsistent RPM (revenue per mille) can affect earnings.

5. Faceless YouTube Channels

  • Model Overview

    • Create and grow YouTube channels without showing faces.
    • Potential for high revenue, sponsorships, and brand building.
  • Opportunities

    • Great for long-term passive income.
    • Channels have high promotional support from YouTube.
  • Challenges

    • Need for editing and design skills or outsourcing costs.
    • Not fully automated; requires active content management.

Conclusion

  • Each model has its own set of opportunities and challenges.
  • The standout model provides control over operations and monetization.
  • Encouragement to explore models and find the best fit.