How teenagers can set up and run start-ups

EN­TER­PRISE There are lots of ways you can make money, you just have to be cre­ative

Business Daily (Kenya) - - FRONT PAGE -

Dur­ing your teen years you have the most free­dom you will ever have in your life. While lots of peo­ple will seek their rst job at a fast food chain or lo­cal busi­ness, don’t let any­thing stop you from work­ing for your­self. There are lots of ways you can make money, you just have to get cre­ative. In this day and age, es­pe­cially with the power and easy ac­cess of the In­ter­net, you can never be too young to start mak­ing money for your­self. There are many unique ways to make money as a teen. BUY­ING AND RE SELL­ING You can nd things to buy and re­sell any­where, you just have to keep your eyes open. Check out lo­cal garage sales and thrift stores. Even check with your neigh­bours or friends to see if they have any­thing they want to sell, but don’t have the time to list them­selves. Once you nd a prod­uct you think you can sell for more than you bought, make sure to val­i­date this by look­ing to see how much other peo­ple are sell­ing your prod­uct for. There are mar­ket­places you can list your item on in­clud­ing ebay, Etsy, Face- book Mar­ket­place, and many more. If you’re just get­ting started, don’t worry too much about how much you make, the skills you’ll gain and lessons learned along the way are price­less. You will gain ex­pe­ri­ence with mar­ket re­search, cus­tomer ser­vice, ship­ping and ful lment, as well as nu­mer­ous other busi­ness fun­da­men­tals. TECH­NI­CAL SUP­PORT As a teen, tech­nolo y is prob­a­bly in­nate to you. Most teens take for granted their tech­ni­cal skills that are highly val­ued by the older gen­er­a­tions ahead of them. There are many peo­ple in your lo­cal com­mu­nity that have tech­ni­cal is­sues and no ac­cess to a trusted re­source who can help. Get the word out by post­ing in lo­cal on­line com­mu­nity groups such as Face­book or Craigslist. Con­sider vol­un­teer­ing some of your time and ser­vices with lo­cal groups and or­gan­i­sa­tions. This is a great way to network, demon­strate your skills, and con­trib­ute to your com­mu­nity all at the same time. Lots of peo­ple pre­fer some­one to come help them in per­son in­stead of talk­ing to a stranger over the phone. Don't worry too much if you can't solve ev­ery is­sue on the spot. If you are re­source­ful, pa­tient, and per­sis­tent in nd­ing a so­lu­tion, and if you pro­vide out­stand­ing ser­vice and fol­low up, word of mouth will spread like wild re. CON­TENT CRE­ATION So­cial me­dia is now a big­ger fac­tor than ever in the buy­ing process, es­pe­cially to teens. Brands recog­nise this and are do­ing any­thing they can to jump on the lat­est trend, while help­ing to pro­mote their com­pany. As a teen you are sur­rounded by the cul­ture these brands want to be a part of 24/7. You know what your friends are talk­ing about, what’s hot, and what’s not. This type of in­sight and ac­cess is ex­tremely valu­able to brands. Think about how a com­pany could be­come cool in your friends’ eyes and help por­tray this vi­sion to the brand, whether it is a so­cial me­dia post, or even a new prod­uct. Reach­ing out to a brand may sound in­tim­i­dat­ing but all it takes is a sim­ple DM or email ex­plain­ing your idea. You never know what their re­ac­tion will be and what doors it may open for you. BUN­DLE AND SELL Imag­ine some­one is buy­ing a new phone and they need a case, a screen pro­tec­tor, and a pair of head­phones. Buy­ing all of these can be time-con­sum­ing if pur­chased in­di­vid­u­ally. Do the hard work for them. Make sure all of them are com­pat­i­ble and put them to­gether at one easy price point. Whether you are sell­ing a bun­dle on­line or to peo­ple in your lo­cal com­mu­nity, sell­ing “con­ve­nience” can be easy, fun and lu­cra­tive. The more cre­ative you can get the bet­ter. Think about how you can im­prove any as­pect of the pur­chas­ing ex­pe­ri­ence whether buy­ing gro­ceries or a new TV. STOCK PHO­TOG­RA­PHY Think about how many times a day you have a few ex­tra min­utes with noth­ing to do. You can turn these snip­pets of time into money mak­ing op­por­tu­ni­ties, and all it takes is a phone with a cam­era. With stock pho­tog­ra­phy you can get paid for tak­ing pic­tures of any­thing. Pic­tures of vir­tu­ally ev­ery­thing around you can sell, whether you are in a park or get­ting lunch with a friend, the op­tions are end­less. Put your unique spin on a sit­u­a­tion, or look at some­thing from a new cre­ative an­gle. There are many sites like Fo­to­lia and Shutterstock where you can up­load your pho­to­graphs free of charge. If they sell, you’ll get a com­mis­sion. The more images you up­load, the more po­ten­tial you have to make money. SEA­SONAL AS­SIS­TANT Peo­ple's lives are al­ways busy, es­pe­cially around the hol­i­days. Sim­ply pro­vide a ser­vice that will give busy peo­ple some of their time back and it be­comes a pur­chase that re­quires lit­tle con­vinc­ing. Whether it is get­ting pump­kins ready to carve for Hal­loween, eggs ready to dye for Easter, or run­ning to the mall to pick up that last Christ­mas gift there aren’t tra­di­tional ser­vices for these type of things. Get the word out in your com­mu­nity about how you can help, pro­vide a good ex­pe­ri­ence, and again word of mouth will take over.

THE SKILLS YOU WILL GAIN AND LESSONS LEARNED ALONG THE WAY WILL BE­COME PRICE­LESS

AT WORK A young busi­ness­woman. FOTOSEARCH

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