One of the easiest business models for a teenager to use for profit, is the online business. Whereas most businesses require you to look the part, in an online business you never need to meet anyone face-to-face and therefore age will not be held against you.
One of the most irritating parts of your attempt to make money as a teenager will inevitably be that adults try and pay you less, just because of your age. While this is obviously unfair it is very hard to change the system, so the best way round it is not to let them know your real age.
By starting an online business you will be on equal footing to adults. And while this will mean you will need to be able to put inconsistent effort into your business, the rewards will be just the same for you as they would be for an adult.
Recently I've seen quite a large amount of teenagers on the forums I go to, talking about then the online businesses. It seems the main method that is used to generate a sustainable income is the blogging method.
It is easy to issue as a young entrepreneur that blogging will not provide you with much money as anybody can do it. This is not the case as most people do not know what they are doing, and certainly do not know the correct methods of monetising their online blog business.
Before starting a blog you need to find what problems and questions are being asked on the Internet, and are currently not being adequately answered. If you can create a blog which is based just around the topic, and provide answers, you will receive regular viewers to your blog in ever-increasing numbers.
How do you get money from blog viewers though?
That's where Google coming, and I'm sure you've heard of them. Google have an advertising network set up called Adsense which when added to your blog will show their adverts to your viewers. The adverts will be relevant to content of your blog, and therefore be of extra interest to your readers. When one of your readers clicked on a Google and the other on your blog, you get paid.
So simple doesn't it, that's because it is. The hard bit is discovering what to write your blog about, and maintaining a post rate of at least one on topic blog post per day. Provided you post at least one blog posts per day, relevant to the question your readers are looking for answers to, your blog will be a success.
As a young entrepreneur you should be aware that making money online is very easy is done in the correct why, and virtually impossible if done incorrectly. It is vital we make sure you are using the right method when designing your business model, and that there is a genuine need for your blog to exist.
You will find the overtime people will start to ask you questions relevant to your blog topic, and by answering them you'll be able to establish yourself as an expert within your niche. Once you have managed to do this, everything starts to become much easier. In no time you should see your career as a young entrepreneur taking off, just make sure you don't neglect the schoolwork.