How to Get Rich as a Teen? (27 Proven Ways in 2022)

How to Get Rich as a Teen? (27 Proven Ways in 2022)

Are you a teen who is looking to get rich? If so, you're in luck! There are many ways to become wealthy as a teen.

This blog post will discuss the best ways to make money as a teen. So, whether you are just starting out in your career or have been working as a teen for many years, read on for some valuable tips on getting rich!

1. Start a garage sale business

How Much Can You Make?
Skills

Case Study

Hi there, My name is Susie Q Aranda and I’m the owner of Garage Gym Barbell Apparel. I design pretty things for strong women right in my garage. Providing tees, leggings and more for women of all sizes including our stronger plus size lifters. In addition, I also offer free garage gym workouts to follow at home and if you’re local; in person only women strength classes.

I believe that anyone, anywhere, at any level is capable of starting or continuing their fitness journey…even in their home garage! That's where Garage Gym Barbell began and has continued to grow.

how-i-started-a-7k-month-women-s-gym-apparel-business-from-my-garage

2. Start a story blogging business

How Much Can You Make?
$1,500 — $75,000/month
Time To Revenue
240 days
Skills
Business model
Work from home

Case Study

Hello! My name is Michelle Schroeder-Gardner, and I run Making Sense of Cents, a personal finance and lifestyle website that helps readers earn more, save more, and live more.

I earn around $100,000 a month from Making Sense of Cents and have made over $5,000,000 from it over the years. Much of it is profit, as my expenses are extremely low. I am the only full-time employee of my business, but I do outsource some work. I have a virtual assistant, an editor, and a technical manager.

how-i-started-a-100k-month-blog-about-personal-finance

3. Start a music licensing business ($195K/month)

How Much Can You Make?
$50,000 — $315,000/month
Average Initial Investment
$125,005
Skills
Business model

Case Study

Hello! This is Aaron Green, Vice President and co-founder of EasySongLicensing.com. We are a 3rd party music licensing agent, specializing in music clearance for any type of permission, for any type of use; kind of like your one-stop music nerd Swiss Army Knife!

We are a bootstrapped company who started in 2005 around the dining table of my house in Robbinsdale, MN, and now we have a user base of over 60,000 clients and growing! In 2018, we grossed $2.5M, and are happy to report a 30% increase so far in 2019.

how-we-bootstrapped-a-music-licensing-business-to-2-5m-year

4. Become a blogging coach

Are you a successful blogger looking for new ideas or a starter looking for how to make money online? How about becoming a blogging coach?

Start by creating blogging courses in any field, and teach your audience different blogging tips.

Blogging coaches teach different topics, including but not limited to:

  • How to build successful business blogs
  • Tips for choosing successful blog topics
  • How to optimize conversions
  • Repurposing and promoting blogs online

With businesses and individuals embracing blogging as a content marketing strategy, there will be demand for blogging coaching. Therefore, with the right strategy, you stand a great opportunity to make huge profits from the business.

How Much Can You Make?
$8,000 — $68,000/month
Average Initial Investment
$216
Skills

Case Study

My name is Tracie Fobes and I run a blogging education and coaching business.

There is no greater joy than doing what you love and seeing the money roll in.

how-i-started-my-10k-month-blogging-education-and-coaching-business

5. Start a podcasting business ($65K/month)

Podcasting businesses often state as a hobby. You publish a few episodes and posts, and soon you will start getting engagements from interested parties.

However, to earn money from your podcasting business, you need to put a lot of effort and time into producing quality shows that address your audience's concerns.

To grow your podcast business, ensure regular publishing, which brings better growth, more listeners to your channel, and a higher income.

Here is a list of steps to help you transition the podcast from a hobby to a full-time podcast business:

  • Ensure a focused effort and adjust the tone to each podcast episode
  • Make podcasting your priority
  • Focus on building
  • Grow a mailing list
  • Aim at building a trusted brand
  • Develop a long-term growth and marketing plan

How Much Can You Make?
$6,000 — $150,000/month
Average Initial Investment
$33,433
Skills

Case Study

Hey! My name is Marti Sanchez and I am the CEO of Influence Podium. We help B2B CEOs get placed on podcasts their target audience listens to and repurposes those episodes into LinkedIn or Twitter content to grow their personal brand and drive inbound.

We just crossed $30k MRR and are looking to hit seven figures by the end of the year. We’re a young company in our 3rd year in business, and completely self-funded.

how-i-started-a-30k-month-personal-branding-content-service-for-b2b-ceos

6. Start a food delivery business ($206K/month)

In the present day's busy lifestyles and schedules, cooking is no longer a priority to many. People like to order-in food from their nearest restaurants or food joints and enjoy a meal in the comfort of their homes.

The food delivery business is like a courier service through which the restaurants deliver food to their customers.

If you have a truck, you can offer retail food delivery services to restaurants within your locality. Customers make orders through a restaurant or grocer’s website, and the owners contact you to make the delivery.

How Much Can You Make?
$4,000 — $83,333,333/month
Average Initial Investment
$5,375
Skills

Case Study

I started my career at the world-famous Century Plaza Hotel in Los Angeles Apprenticing under Certified Master Chef Raimund Hofmeister.

Food Fleet’s growth Year after year has been at an at over 30 %. From 2017-2018 we had an unprecedented 160% growth spurt. With a team of 6, including my partner and I, we managed over 20 million in sales for our clients. As an example. We took over a convention center 3 years ago managing their food truck business. For their largest event of the year, we were up 53% over the previous year. I honestly would have to equate some of that success to the under-reporting of sales by the previous operator. But the following year we were up 19% from that figure and again close to that this year. That is due in large part to our understanding of transaction times, menu mix, the equipment in each truck or pop up and other factors.

7. Sell digital products

Digital products are extremely popular. They're easy to create and share, and they're also a great way to build a business.

Digital products can be software-based, like an app or game, or they can be information-based, like an ebook or course. They can also be something else entirely—like a membership site or a community. The possibilities are endless!

So what makes digital products such a great way to build a business? Well, first of all, they're very easy to create. You don't even have to hire anyone else to do it for you; you can do it yourself! And because there's no risk of having inventory sitting around in your garage, digital products can be sold directly from your website without ever having to worry about moving inventory.

How Much Can You Make?
$6,000 — $350,000/month
Average Initial Investment
$13,900
Skills

Case Study

I’m Codie Sanchez, and I am the Founder and owner of Contrarian Thinking. Our mission is to free minds and build the bank accounts of our readers. Specifically, we strive to help one million people become financially, philosophically, and physically free.

We currently have over 100,000+ newsletter subscribers and a community of over 1.5 million people across our social media platforms with a run rate of $3m this year.

my-finance-newsletter-community-hit-a-3m-run-rate-this-year

8. Start a youtube video creation business

In today's digital world, YouTube channel has become an essential marketing tool. YouTube is the top video marketing platform for brands looking for paid and organic growth through video content. Businesses hire video creators to help them record, edit and upload YouTube videos.

Are you a videographer with an interest in YouTube marketing? Consider starting a YouTube video creation business.

To start your business, register a brand name and create a website and a YouTube channel. Use the YouTube channel and the website to sensitize your target customers on the importance of video marketing.

Potential customers include new and existing startups, individuals, celebrities, and organizations looking to use YouTube video marketing to grow their reach.

How Much Can You Make?
$10,000 — $375,000/month
Average Initial Investment
$15
Time To Revenue
300 days
Skills
Business model

Case Study

I work with a group of artists and developers who are making tools for other artists. If you need royalty-free music, video effects, graphics, or sound assets, we’ve got you covered.

ProductionCrate got its reputation from our VFX library, FootageCrate. That’s our flagship product, and where most of our million-plus users first found us. Filmmakers don’t just need one asset, though. As soon as our users realize we have all kinds of production resources, they’re downloading everything they need to make their project awesome.

i-bootstrapped-a-600k-year-video-production-company-10m-downloads

9. Become a tee shirt designer

If you love to create different and creative fashion, the field of tee shirt design could be a great opportunity. Some tasks include fitting model garments, maintaining size uniformity, and applying design and aesthetics to create cute tee shirts that capture customers' attention.

How Much Can You Make?
$6,600 — $101,000/month
Skills

Case Study

Hi, I am Alex Dumitru and I am a co-founder at Designious. Designious is a graphic design library that provides extra tools like an online designer app and an API that helps both graphic designers and print-on-demand entrepreneurs. At the moment we make around $12-13k per month.

My background is in IT and business development, but I’ve worn many hats along the way, from sales to customer support.

generating-15k-month-in-extra-income-with-a-graphic-design-library

10. Print on demand business

Print on demand is a business model that allows you to create, publish and sell books, images, and other creative work to interested customers. It is the easiest way to start your own business as a publisher and make money while you sleep.

Starting a POD (Print-on-Demand) business like a printing company, or a drop shipping website is an attractive option for many people. Sending out a printed product is not something you can do on your own, but you can make money from it.

There are thousands of POD(Print-on-Demand) businesses out there. With the increased popularity over the last few years, it's becoming easier to create and run your own POD(Print-on-Demand) business.

How Much Can You Make?
$200 — $3,000,000/month
Average Initial Investment
$525,000
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

My name is Roy Kirchner, an entrepreneur from Odessa, Florida. After years spent in the automobile and marketing and advertising industries, I decided in 2014 to form a new company solely focused on emerging new technology, 3D printing.

I started my company with an initial, out-of-pocket investment of $65,000, and today we are averaging monthly gross sales of $330,000.

how-i-started-a-330k-month-ecommerce-specialized-in-3d-printing

11. Start an educational website business

How Much Can You Make?
$10,000/month
Skills

Case Study

My name is Neil Granberry and I am the co-founder of Cottage Software alongside my friend, Hunter Hodnett, who founded the business. Cottage helps web designers and developers turn designs into code fast and affordably via a tech platform powered by learning developers.

Right now we’re making $25,000 per month as a tech-enabled agency of just two people. Our success is proving our product’s value as we begin to sell the product directly to web design and development agencies.

how-two-college-friends-started-a-25k-month-on-demand-development-business

12. Start a twitter bot business

A Twitter bot is software that controls a Twitter account using a Twitter API. The Twitter bot may autonomously perform actions like Tweeting, Re-Tweeting, liking, following, unfollowing, or direct messaging other accounts.

Businesses and individuals use Twitter bots to help them in building a Twitter following and to invite people to like and share their posts.

Therefore, starting a Twitter bot business can be a lucrative business opportunity.

How Much Can You Make?
Skills

Case Study

Paul founded SPUDS, a men’s apparel company based in California. After many prototypes, they launched on Kickstarter and were able to raise $15,000.

13. Start an affiliate marketing business ($290K/month)

Are you looking for a side hustle that will pay you a passive income? Affiliate marketing is one of those side hustles that will pay you well over the long-term. It is a way to earn money online by promoting other companies’ products and services. You will be paid a commission for each sale you make as an affiliate marketer.

To get started, learn how to find the right product and find the right brand to partner with. You may prefer becoming an affiliate marketer for an eCommerce store or partner with a manufacturer, and market their products for a commission.

How Much Can You Make?
$500 — $500,000/month
Average Initial Investment
$38,575
Skills

Case Study

My name is Spencer Mecham. In 2016 I first heard about an industry called affiliate marketing and in 2017 I founded Buildapreneur, an affiliate business.

my-affiliate-marketing-business-earns-500k-year-profit-no-employees

14. Start a custom app development service ($200K/month)

How Much Can You Make?
$10,000 — $700,000/month
Time To Revenue
360 days
Skills
Business model

Case Study

Hello, my name is Michael Georgiou, and I serve as a Co-Founder and CMO at Imaginovation. We are an award-winning technology and app development company located in Raleigh, NC.

Since 2011, we have grown an average of over 40% in revenue every year. We have won several credible tech awards, such as AVA Digital Awards, IMA 2017 Award, The American Business Award, and NC Tech Award for our innovative services. We have also been featured in top publications such as Entrepreneur, VentureBeat, Goalcast, Business.com, and Foundr.

how-i-started-a-150k-month-app-agency-that-works-with-the-fortune-500

15. Start a photo printing business ($521K/month)

How Much Can You Make?
$27,400 — $1,500,000/month
Average Initial Investment
$5,075
Time To Revenue
180 days
Skills
Business model

Case Study

Hello, my name is Jainam Shah, and I am one of the founders of CanvasChamp. We make a variety of custom photo products for home decor and gifting purposes, most notably canvas prints, acrylic and metal prints. We have a lot many other products already launched and soon will introduce even more.

We started in March 2012, with just custom canvas prints and now have more than 60+ personalized photo gifts products with revenue of 1.5m$+/mo. We still have a long way to go with the potential of scalability and growth.

how-we-started-a-1-5m-month-custom-canvas-prints-business-online

16. Become a digital product designer ($10.5K/month)

A digital product designer is a multidisciplinary professional who is involved in the creation of digital products. A digital product designer is responsible for the whole process from an initial concept to the launch of a product.

Many designers are looking for how to make a living with their designs. They want to build websites, sell products online, and be as productive as possible. It's hard these days because there are more designers than ever working on the same projects. But with some basic actionable techniques, you will easily succeed in creating a sustainable digital product design business.

Starting a digital product designer business is a great side hustle for graphic designers looking for an alternative to freelancing. The idea is simple: grow a portfolio of user interface design PSD templates and sell them to new businesses.

How Much Can You Make?
$4,000 — $300,000/month
Average Initial Investment
$1,000
Skills
Business model

Case Study

Hi, I’m Andrew 👋I like to joke that I’m a jack of all trades and master of pun…

  • An attorney take her legal tech startup from $0 to $1M in Annual Run Rate.
  • A 71-year-old financial consultant build his first tech company and close customers like Yale, Brown, NYU, and Dartmouth.
  • A doctor in Texas launch the first HIPAA compliant text messaging service.
  • A photo booth startup build tools that are used by Amazon, Uber, Red Bull, NBC, the NFL and more.

how-i-started-a-69k-month-software-agency-after-a-failed-product-launch

17. Start a dropshipping reseller

Drop shipping is a retail fulfilment method in which the retailer does not keep goods in stock but instead transfers customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer.

Drop shipping doesn't require much investment and it has a low risk because it doesn't require upfront costs. Besides, dropshipping can be a profitable business model for merchants since they do not pay for shipping or cost of product manufacturing.

To start the business follow these steps:

  • Choose a niche
  • Perform competition research
  • Find a reputable manufacturer/supplier
  • Build an online store
  • Market your store
  • Analyze and improve your offering

If you do not want to create a dropshipping business from scratch, you can find a dropshipping business for sale on exchange marketplace.

How Much Can You Make?
$5,500 — $150,000/month
Skills

Case Study

Hello, my name is Kamil Sattar. I am an entrepreneur who’s developed many six-figure drop shipping businesses. I’ve also created systems to maximize opportunities in different markets and I’ve started companies in many industries. One of those companies specializes in helping people who are seeking to create drop ship companies of their own.

Of course, with every store that I open, I am able to learn new things. With every new thing that I learn, it helps me improve my system that I use to create these six and seven-figure stores and it helps me improve my process for helping others generate their stores.

how-i-started-a-100k-month-business-mentoring-dropshipping-entrepreneurs

18. Start a social media marketing service ($53.3K/month)

How Much Can You Make?
$3,000 — $6,358,000/month
Average Initial Investment
$16,725
Time To Revenue
180 days
Skills
Business model
Work from home

Case Study

Hi, I’m Laura Roeder, the CEO and founder of MeetEdgar, a social media automation tool.

Here’s a recent team photo at one of our biannual company retreats. This was taken in Phoenix, Arizona.

how-i-bootstrapped-a-social-media-automation-tool-to-2mm-year

19. Sell stock photos

Stock photography is the supply of licensed photographs for specific uses. If you have a camera and love traveling or taking photos, you can start your own stock photo business.

Create a stock photography website and upload the best shots to start your stock photography business. To ensure professional images, you can hire freelance photographers and photo editors. Alternatively, you can invest in a professional camera and learn the art of photography before launching your business.

Running a stock photo website allows you to create unlimited earning potential. Besides, stock photographers enjoy flexible working hours and have the potential for passive income.

How Much Can You Make?
$10,000/month
Skills

Case Study

Hi! I'm Viktor and I run a free stock photo site picjumbo. Anyone can visit it and download any photo of mine for free, without any registration or email input, and use it for their blog, website, Instagram, or even a billboard.

While all photos are free, you can buy the All in One Pack to download all the free photos to your computer at once or sign up for PREMIUM Membership to get access to more unreleased photos, entire collections, and extra content every month. Together with advertising, these are the main sources of income and currently, picjumbo is above the $10,000/month mark.

how-this-solo-founder-built-a-120k-year-stock-photographs-website

20. Start a tutorial blogging business

How Much Can You Make?
$10,000 — $100,000/month
Skills

Case Study

Hello! My name is Lisa Miller-Mecham. I’m a creative mom of 4 who runs a craft/sewing website called CreativeFashionBlog.com. I started out as an accessory designer, turned award-winning fashion designer, turned DIY blogger… and now a profitable sewing pattern maker.

My best month so far in 2020 has generated slightly over $15,000 while working part-time. I’m actually launching a course next month to show other creative women how to do the same!

how-i-make-10k-month-selling-printable-sewing-patterns-from-my-fashion-blog

21. Start a social media marketing agency ($317K/month)

Whether you want to clear your utility bills, finance your college education or save for a vacation, a social media marketing agency is one of the best ways to earn extra income. The advantage is that you do not need to commit so much time to automate using social media marketing tools. All you need to do is develop a good social media marketing strategy that will enable you to serve customers efficiently. Besides, you need to create an agency portfolio to market your services to target customers.

How Much Can You Make?
$10,000 — $2,400,000/month
Time Commitment Per Week
Min. 30 hours/week
Skills
Interests

Case Study

My name is David Tile. I own and operate a Content Writing Service, under the banner Article-Writing.co.

We don’t consider ourselves a content marketing firm. But a firm dedicated to the business of writing. Project management offers most often attached to marketing agencies. We work against marketing briefs delivering content on time and under budget.

how-i-started-a-80k-month-content-writing-business

More business ideas

  • 22. Start a paid online surveys business
  • 23. Start a music youtube channel
  • 24. Start a real estate crowdfunding business

25. Start a travel youtube channel

A travel YouTube channel shares videos of anything from you or your family traveling to places you have been to or even things you have seen. There are several goals for starting a travel YouTube channel. For example, You can make money from it or use the channel to promote your travel agency.

However, you should do some research before starting your channel to know what kind of content you want to create and what type of equipment you need.

More business ideas

  • 26. Start a dividend investing business
  • 27. Start an affiliate marketing without website business

Frequently asked questions

Can you get rich as a teen?

If you're a teen, you're probably not in it for the money. But that doesn't mean you can't get rich. The easiest way to build real wealth as a teen is to start your own business. Maybe one of the ones we listed in the business ideas list a bit above.

How to get rich as a teen?

First, invest in yourself. Get an education and specialize in a field that pays well.

Second, think outside the box. There are many opportunities for a teen to make money.

Third, be creative and entrepreneurial. Start your own business or find ways to monetize your skills and knowledge.

By following these tips, you can become a wealthy teen and enjoy the good life!

Conclusion

A teen can get rich by becoming a teen entrepreneur.

There are many opportunities for teens to start their businesses and become wealthy.

Teens can create their products or services or provide consulting services to other professionals in their field.

Teens who are successful in business have several things in common, including a willingness to take risks, an entrepreneurial mindset, and a dedication to excellence.

Pat Walls,  Founder of Starter Story
Want to find more ideas that make money?

Hey! 👋 I'm Pat Walls, the founder of Starter Story.

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meet the author
Ales Wilk

Hi, I'm Ales. I love creating content that helps people - whether it's through my work as Head of Content at Starter Story or my own portfolio of content sites.