How to Make 6 Figures as a Teenager? (15 Best Ways in 2022)

How to Make 6 Figures as a Teenager? (15 Best Ways in 2022)

So you want to make six figures as a teenager? Good for you! Being a teenager is a highly respectable and well-paid profession, and there's no reason why you can't earn a high income if you put your mind to it.

In this blog post, we'll look at some of the best ways to make more money as a teenager - business ideas you can start to achieve such income. Keep reading to learn more!

1. Start a digital art & design business

Digital art and design is often used to create visual content for websites, apps, and other digital platforms.

Digital art and design businesses can be either freelance or full-time.

They can work in-house for larger companies or as independent contractors for other businesses or individuals.

How Much Can You Make?
$5,000 — $30,000/month
Average Initial Investment
$5,000
Skills

Case Study

My name is Courtlyn Jones and I am the CEO and the founder of The Design Database, an online platform, and community designed to be a support system for Creatives (designers, artists, writers, photographers, architects, etc.) by connecting them with clients who are looking to hire now.

Since launching in late July, over 200 Creatives and 25 companies have created accounts on our platform, we have received grant funding from the HerRise Pitch Competition by HerSuiteSpot, and we’ve raised over $10,000 crowdfunding on Kickstarter. We are off to a very exciting start!

i-left-my-dream-job-to-build-an-online-community-for-creatives-and-designers

2. Sell e-books

How Much Can You Make?
$15,000/month
Skills

Case Study

Hi, I’m Naveen Joshi and I co-founded AllAuthor with my brother, Mady Joshi. We started AllAuthor together five years ago as a book promotion platform focused on helping self-published authors to market their books.

Readers’ accounts on AllAuthor are entirely free of cost. Readers can browse through the various book and author listings, find ebooks at discounts and search for books from multiple genres and book types.

how-we-created-a-15k-month-book-discovery-platform

3. Start a lifestyle youtube channel

How Much Can You Make?
$5,000 — $1,330,000/month
Skills

Case Study

I am Chhavi, the founder and owner of the blog and YouTube channel Mrs Daaku Studio along with my husband Amit.

Our blog, YouTube channel, and products are designed to help you achieve what we have (...and, more).

how-this-couple-makes-5k-month-generating-content-about-ways-to-make-money-online

4. Start an ecommerce store

An eCommerce business is a company that sells products or services online. Ecommerce businesses have many advantages over brick-and-mortar businesses, including lower overhead costs, increased flexibility and reach, and the ability to reach a wider audience.

eCommerce is booming right now because of the convenience and efficiency it offers consumers. Consumers can buy products from their favorite brands on a platform that makes the whole process easier than ever. They don't have to leave their homes or go out in public, they can just sit down at their computer, tablet or smartphone and browse through all of the options available to them.

To start an ecommerce business, you'll need to set up a website where customers can browse your inventory and purchase items, as well as payment processing software that allows you to accept credit card payments. You'll also need to choose a shopping cart software and manage inventory tracking software.

How Much Can You Make?
$450 — $62,500,000/month
Time Commitment Per Week
Min. 5 hours/week
Skills
Interests

Case Study

Hello! My name is D’Shawn Russell and I am the founder and CEO of Southern Elegance Candle Company. I started the company 4 years ago as a side hustle to make some extra money on the weekends and to get me out of the house. But it quickly grew to much more than I expected.

You can check out our brand story video here: Southern Elegance: Candles Crafted In The South

how-i-started-a-20k-month-southern-inspired-candle-business

5. Start an e-book writing business

An eBook business is profitable and flexible, letting you start a business from anywhere, while it is a low-cost business that is easy to start. You can make living self-publishing and selling eBooks online as long as you are ready to invest your time and money in it.

Anyone can start the eBooks business! Just choose a niche that interests the target audience, and ensure in-depth research.

How Much Can You Make?
$2,000 — $42,857/month
Average Initial Investment
$35
Skills

Case Study

I'm Vaibhav Kishnani, an engineer but a passionate writer by profession. I established Content-Whale in 2017 when I was in my third year of engineering. Going by the maxim that quality writing is everything, Content-Whale caters to 42 different content types that form the backstory of every company’s digital presence and marketing efforts.

I started this content agency with a mere sum of Rs. 2,500. Today, we have drawn a revenue turnover of Rs. 4 Crores! In my opinion, it is not individual progress. Instead, a start-up is about connecting with the right individuals at the right time, who keep the show running ahead with their strife for perfection.

how-we-started-a-514k-year-content-curation-agency-with-just-35-from-india

6. Start a local merchandise sales business ($50K/month)

How Much Can You Make?
$45,000 — $50,000/month
Skills

Case Study

My name is Connor Curran, and I’m one of the co-owners of Local Laundry. We’re Canadian-made garments for social good. We’re determined to make the most socially conscious and most comfortable garments possible. We make garments that make you look good and feel good.

we-started-a-50k-month-canadian-apparel-brand

7. 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

8. Start a home tutoring business

A home tutoring company is an educational company that offers private tutoring from a tutor who visits the students at the student's home.

Home tutoring is a growing business opportunity for motivated people and comes with the flexibility of working anytime anywhere, and creates a passive income.

If you love teaching and helping others, one way to make money from it is starting a home tutoring business. Whether you want to tutor kids or adults, there's a tutoring niche for you.

Once you have started your home tutoring business, promote it by putting fliers at other stores and on bulletin boards at colleges and libraries. Also, engage parents and guardians for home tutoring opportunities.

9. Dropshipping apparel

Revenue in the clothing market will reach a staggering $153.6 Billion in the next few years.

With online shopping growing steadily, starting an apparel dropshipping business is becoming a go-to niche for many new and established e-commerce business owners.

If you are interested in starting a clothing dropshipping business, find a reliable and experienced dropshipping platform that allows you to Easily add your clothing items and start to dropship fashion.

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

Case Study

Hi there, my names Sasithon, or Sasi for short and I run The Kewl Shop together with my husband, Charles. I’m Thai and spent my formative years in Bangkok, the capital of Thailand. Charles is British.

leveraging-seo-to-grow-an-online-store-to-1-8m-per-year

10. Start a shopify store ($100K/month)

Shopify is a platform that makes it easy to set up an eCommerce store and start selling products with no merchant account, no inventory, and no complex setup.

A Shopify store is one of the best ways to start your own business online because it's so easy to set up and manage. You don't need any technical knowledge or coding skills to get started, and there are no hidden fees involved either - just pay for what you use!

Starting a Shopify business is one of the best ways to make it on your own. It doesn't cost nearly as much as opening a physical store, and businesses run on Shopify can be extremely profitable.

You can sell anything from handmade jewelry to pet products, clothing items, and more with a Shopify store - there are no limits!

11. Start a freelance writing business ($31.7K/month)

Freelance writing can be a good career choice for professional writers for offering writing services to different clients via online platforms. Working as a freelancer gives you the flexibility to define your work schedule. You can work from home and at any time. Freelance writers work across various niches, writing about various topics assigned by the client,

To earn good money as a freelance writer, you need the following personal qualities:

  • Strong writing skills
  • Ability to meet deadlines
  • Stay on the cutting edge
  • Be a self-starter
  • Be up-to-date with the current writing tools & writing trends
  • Proper communication skills

How Much Can You Make?
$700 — $150,000/month
Average Initial Investment
$489
Time To Revenue
90 days
Skills
Business model

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

  • 12. Start a dividend investing business

13. 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.

14. Start a product design business

How Much Can You Make?
Skills

Case Study

Laura (Williams) Elizabeth founded Client Portal, a project management plugin, in 2017.

It is a super simple WordPress plugin that people can use to provide their clients access to all files at any time and let them track the project's progress.

Laura founded this firm while working as a freelancer and needed a platform to help organize client projects.

In the first year of launching the business, she made $4K in monthly earnings from her WordPress plugin.

The founder is a multitasker - a designer, writer, speaker, and also cross-stitching in her free time.

Client Portal is the first-ever product launched by Laura. Though this business started as a side gig, it became her full-time business very shortly.

Later she also launched two other businesses - Design Academy (a design course made for developers) and Project Pack (collections of documents and templates for freelancers and businesses).

Laura was primarily hesitant to use social media to connect to her audience, however, later, she realized that Facebook & Twitter could be important platforms for reaching new clients, interacting with them, and getting feedback.

Here are some of Laura's best practices

  • Building in the open and sharing projects in public enabled her to land more clients and partnerships
  • She made just under $10K through Black Friday deals
  • putting herself out there early rather than waiting until she had something to sell fast-tracked her success.
  • Podcasts have been key to her successful entrepreneurship
  • Cross-selling and developing projects that target the same audience have helped her grow the brand

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More business ideas

  • 15. Start a pinterest templates, graphics and art selling business

Frequently asked questions

Can you make 6 figures as a teenager?

Yes, you can earn 6 figures a year as a teenager. The easiest way to achieve this income is to start your own business and be your own boss. You can choose one of the ideas from our list.

How to make 6 figures as a teenager?

Do you want to make six figures as a teenager? It's not impossible, but it will take some effort. Here are a few tips to help you get started.

First, focus on developing your skills and becoming an expert in your field.

Next, find ways how you can use your skills to work for yourself or do some side hustle. You can use the list above.

Finally, think outside the box and explore new opportunities for earning more money. With hard work and determination, you can achieve anything.

Conclusion

If you are a teenager, there is no reason why you cannot make six figures. It will require hard work and dedication, but it is possible.

Consider the business ideas we’ve outlined in this post and get started on your journey to becoming a high-earning teenager today.

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

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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.