5 Ways for Teenagers to Make $1000

Jul 7, 2024

5 Ways for Teenagers to Make $1000

Introduction

  • Speaker: Josh from the School of Hard Knocks
  • Aim: Discuss 5 effective ways for teenagers to make money
  • Call to action: Like and subscribe to the channel

1. Lawn Mowing

  • Personal Experience: Josh started at 13
  • Requirements: Lawn mower, basic skills
  • How to start:
    • Learn how to mow a lawn (practice on family/friends)
    • Create flyers using Microsoft Word or Google Docs
    • Distribute flyers in your neighborhood
  • Benefits:
    • Lower cost attracts customers
    • Potential earnings: $1080/month (charging $30 per lawn for 9 clients once a week)
    • Year-round business in warm climates

2. Growing a Social Media Channel

  • Speaker: James from the School of Hard Knocks
  • Opportunities: YouTube, TikTok, brand partnerships, affiliate marketing
  • Benefits of social media channels:
    • Monetization: Paid per views, Creator Fund
    • Affiliate commissions
    • Ability to market own products and build a personal brand
  • Personal Experience: James grew a TikTok channel to nearly 1 million followers

3. Flipping Items

  • Speaker: Jack from the School of Hard Knocks
  • Methods:
    • Garage Sales: Use yardsalesearch.com to find local sales
    • Retail Arbitrage: Buy cheap items in bulk from stores like Target, Walmart
  • Tips:
    • Research item values using eBay or Amazon before buying
    • Selling Platforms: eBay (50 free listings), Amazon (FBA, $35/month)

4. Youth Sports Referee

  • Target audience: Sports enthusiasts
  • Requirements:
    • Obtain a referee license (cost: $50-$150)
    • Start as an assistant, then work up to head referee
  • Earnings: $48-$200 per game (depending on the level – JV, Varsity)
  • Benefits: Choose own hours, engage in a sport you love

5. Selling a Service

  • Wide range of possibilities: Tutoring, photography, videography, haircutting, makeup
  • Steps to get started:
    • Identify skill set you excel in
    • Market your services to friends, family, and local community
  • Examples:
    • Offer photoshoots for events (graduations, parties)
    • Tutoring in school subjects
    • Haircut services at a lower rate
    • Graphic design services (Photoshop, Adobe)
  • Potential to work with clients online and out-of-state

Conclusion

  • Encourage viewers to subscribe for more content
  • Thank the audience for watching