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Archive for the 'Teen Job Articles' Category



How To Start A Candle Making Business

Tuesday 13 May 2008 @ 8:40 am

The following article is from TeenMoneyMakingIdeas.Com:

Candles are a popular selling item and can be very easy to sell. Almost everyone loves the beauty and wonderful sent of a decorative candle. Perhaps one reason that they are a popular gift item is that they bring beauty to any environment that they are in.

From a money making point of view, candle making is an excellent business to get into because they generate repeat and ongoing sales – simply because they constantly need to be replaced!

Start Your Candle Making Business

Also, special occasions are perfect opportunities to make money candle making. Nothing creates a festive mood during any holiday like the sweet smelling scent of a scented candle.

To make money selling candles, is to make money selling something to people that makes them happy and feel good! However, in order to start and market your hand-made candles. You must be able to compete with cheaper, less stylish mass-produced and often imported products. But, with some thought and work, you can do it!

In your home based business selling candles, you’ll quickly learn that you can do all kinds of things with candles. You can dip them, mold them, roll them, fuse them, layer them, sculpture them or any combination of all those processes. They can be colored by using dye, paint or tint on the outside OR the inside. You can be scent them or embed materials such as beads or shells in them. They can be coated or whipped.

Making candles isn’t complicated. It does require time and attention to detail just to keep yourself self and to make good quality products. For example, when you’re melting the wax, you need to know that wax can catch fire easily. Remember, raw wax is melted and brought to about 180 degrees Fahrenheit. That’s pretty hot!

Another thing to remember is while the wax is melting, all of the additives are added. These might include: stearic acid, coloring and scents. While the wax and additives are melting, you have to make sure that the mold is cleaned and sprayed with release (silicon). Then you need to insert a wick from the bottom and tie it to a stick across the top. The hole in the bottom is sealed with clay.

There are a TON of ways to make candles and make them very attractive and very marketable. Really, the only thing you need to do to get started is to order some supplies and start your business as just a hobby. Get your wax from as close to home as possible to save on freight (you’ll need about 50lbs. to start). After you’ve made all your beginner mistakes and feel more confident of your candle-making abilities and you have a pretty good idea of the market, you’re ready to consider making it a business.

Create yourself some samples, take some pictures of them and go out and sell them to friends, neighbors, whoever you can find. Selling to friends and neighbors is one of the best ways to get started in any business. 16 year-old Justin Avery and 12 year-old Leanna Archer started out selling to their friends and neighbors, and went on to make hundreds of thousands of dollars!

In the next post on this subject, we’ll cover marketing strategies for your candle making business.

Candle Making Resources:

How To Make Soy Candles

101 Gel Candle Recipes

Step by Step Guide to Candle Making

How to start a candle making business for fun and profit.

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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How a Kid Makes Money - Over $1 Million Dollars In Sales

Monday 12 May 2008 @ 12:40 pm

The following article is from TeenMoneyMakingIdeas.Com:

In 2002, at the age of 14, (Fraser) Doherty started making jams from his grandmother’s recipes in his parents’ kitchen in Edinburgh, Scotland. Neighbors and church friends loved them. As word spread, Doherty started receiving orders faster than he could produce them at home, so he rented time at a 200-person food-processing factory several days a month.

Go With The Flow

By age 16, Doherty left school (with his parents’ blessing) to work on his jams full time. In early 2007, Waitrose, a high-end supermarket in the U.K., approached Doherty, hoping to sell his Superjam products in their stores. Within months there were Superjam jars on the shelves of 184 Waitrose stores, hoisting Doherty and his business to new heights.

Doherty borrowed 5,000 pounds (about $9,000) from a bank to cover general expenses and more factory time to produce three flavors: Blueberry & Blackcurrant, Rhubarb & Ginger and Cranberry & Raspberry. Tesco (other-otc: TSCDY - news - people ) followed, adding Doherty’s products to 300 stores across the U.K. In March, Superjam will launch at Tesco in Ireland.

Last year Superjam hit $750,000 in sales and is on track to double that in 2008 (about 50,000 jars a month). Based on a reasonable valuation multiple of one times revenue–jelly-maker J.M. Smucker trades at 1.2 times sales–Doherty’s 100% stake is worth in the neighborhood of $1 million to $2 million.

Not bad for a 19-year-old. Doherty’s recommendation to other young entrepreneurs: “Have an attitude of adventure, and enjoy the journey.”

Story credits: Melanie Lindner - Forbes

Click here for A Complete System To Starting Your Own Online Business.

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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How To Make $50,000 By The Age Of 12

Monday 12 May 2008 @ 12:40 pm

The following article is from TeenMoneyMakingIdeas.Com:

Back in 1994, when he was just 9, (Cameron) Johnson launched his first business out of his home in Virginia, making invitations for his parents’ holiday party. By the seasoned age of 11, Johnson had saved up several thousand dollars selling greeting cards. He called his company Cheers and Tears.

But the little guy didn’t stop there. At age 12, Johnson offered his younger sister $100 for her collection of 30 Ty Beanie Babies, all the rage at that time. The young entrepreneur quickly earned 10 times that amount by selling the dolls on eBay. Smelling potential, he contacted Ty and began purchasing the dolls at wholesale with the aim of selling them on eBay and on his Cheers and Tears Web site.

In less than a year, Johnson banked $50,000–seed money for his next venture, My EZ Mail, a service that forwarded e-mails to a particular account without revealing the recipient’s personal information. He hired a programmer to flesh out his idea, and within two years My EZ Mail was generating up to $3,000 per month in advertising revenue.

Be Fearless

Johnson still wasn’t done. In 1997, he joined forces with two other teen entrepreneurs, Aaron Greenspan and Tom Kho, to create an online advertising company called Surfingprizes.com, which provided scrolling advertisements across the top of users’ Web browsers. Those who downloaded the software received 20 cents per hour (a tiny fraction of the value to the advertiser) for the inconvenience of having ads splay across their computer screens.

The boys employed a classic pyramid strategy to spread the service. Users who managed to refer Surfingprizes.com to a new customer would nab 10% of that new person’s hourly revenue.

But Johnson and company didn’t just sell software–they wanted a piece of that juicy ad revenue too. Their solution: partnering with companies such as DoubleClick, L90 and Advertising.com that could sell the ads for them. Under the agreements, the middlemen would collect 30% of any ad revenue sold, while the three boys split the remaining 70%, out of which they paid those referral fees.

“I was 15 years old and receiving checks between $300,000 and $400,000 per month,” says Johnson. At 19, he sold the company name and software (but not the customer database) to an undisclosed buyer. Says Johnson, “Before my high school graduation, my combined assets were worth more than $1 million.”

Now just 23, and with other ventures under his belt, Johnson spends his time giving speeches and promoting a new book. “Put yourself out there,” he advises. “Don’t be afraid of rejection. Don’t be afraid to ask anything.”

(Story credit: Melanie Lindner - Forbes)

Cameron’s Previous Businesses

TrueLoot.com 2004

CertificateSwap 2004

KazaaGator 2003

AimBuddy 2003

ChooseYourPrize.com 2002

Zablo.com 2001

SearchOmega 2001

VoteStation.com 2001

SurfingXChange 2001

SurfingPrizes.com 2000

EmazingSites 1999

MyEZShop.com 1999

MyEZMail.com 1998

Cheers and Tears/ Beanie Wholesale 1997

Cheers and Tears Printing Co. 1994

Entrepreneur Magazine’s Bestselling Businesses to Start

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

Apply for this job now!...




How a Kid Makes Money - Over $1 Million Dollars In Sales

Monday 12 May 2008 @ 12:40 pm

The following article is from TeenMoneyMakingIdeas.Com:

In 2002, at the age of 14, (Fraser) Doherty started making jams from his grandmother’s recipes in his parents’ kitchen in Edinburgh, Scotland. Neighbors and church friends loved them. As word spread, Doherty started receiving orders faster than he could produce them at home, so he rented time at a 200-person food-processing factory several days a month.

Go With The Flow

By age 16, Doherty left school (with his parents’ blessing) to work on his jams full time. In early 2007, Waitrose, a high-end supermarket in the U.K., approached Doherty, hoping to sell his Superjam products in their stores. Within months there were Superjam jars on the shelves of 184 Waitrose stores, hoisting Doherty and his business to new heights.

Doherty borrowed 5,000 pounds (about $9,000) from a bank to cover general expenses and more factory time to produce three flavors: Blueberry & Blackcurrant, Rhubarb & Ginger and Cranberry & Raspberry. Tesco (other-otc: TSCDY - news - people ) followed, adding Doherty’s products to 300 stores across the U.K. In March, Superjam will launch at Tesco in Ireland.

Last year Superjam hit $750,000 in sales and is on track to double that in 2008 (about 50,000 jars a month). Based on a reasonable valuation multiple of one times revenue–jelly-maker J.M. Smucker trades at 1.2 times sales–Doherty’s 100% stake is worth in the neighborhood of $1 million to $2 million.

Not bad for a 19-year-old. Doherty’s recommendation to other young entrepreneurs: “Have an attitude of adventure, and enjoy the journey.”

Story credits: Melanie Lindner - Forbes

Click here for A Complete System To Starting Your Own Online Business.

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

Apply for this job now!...




5 Things You Can Buy From Walmart To Resell And Make A Lot Of Money

Monday 12 May 2008 @ 12:40 pm

The following article is from TeenMoneyMakingIdeas.Com:

As we’ve written about in another article (What Can a Kid Sell To Earn Money? Money Making Ideas For Kids), you can make money when you buy from Walmart to resell on Ebay and other auction sites. After experimenting with this method, our researcher is able to report that he was able to make a sizable sum of money from buying from Walmart to resell on Ebay. Here’s a run down of 5 items that he found in Walmart and successfully sold on Ebay for pretty good money:

CD’s

We’ve found from our research that recipe CD’s sell really well on Ebay. Our researcher found some recipe CD’s in Walmart for $1.00 each and sold them for $5 a piece. Plus, he charged a little over $1.00 for shipping on top of that. These sold really fast!

Electronics

Our researcher found a 512K mp3 player manufactured by Creative Labs that normally sells for $99 at the time, however, they were on sale for $29 each. They were sold at $40 each on Ebay!

Toys

A whole shopping cart full of the toy Beanz were found in Walmart. They were marked down to $1 each but after bargaining with the manager at Walmart, got them at 50 cents a piece! These were a fabulous money maker!

Not sure what Beanz are? Well, they’re basically plastic beans about the size of the end of your thumb and they have a ball bearing inside that makes them move around when you toss them. Beanz are painted and decorated like cartoon characters. Kids collect Beanz and play games with them.

Candles and Other Household Items

In Walmart’s closeout section, we found some huge three wick candles weighing around 3 or 4 pounds each. They were marked down from $19 each to $1 a piece. These sold for $11 each on Ebay!

DVD’s

Walmart has a number of DVD’s found in huge DVD bins that made a pretty decent profit on eBay. One example is The Beverly Hillbillies which purchased from Walmart at around $5 and sold on ebay for $12 each. Another example was Jumanji which was found at Walmart in the DVD dump bin for $5 a copy. These were resold on Ebay for $12.50 per copy.

Again, these are just 5 items that we found from our research that you can buy from Walmart to resell. But with a little imagination, you can do the same with other things - and we explain how in our more in-dept article: Ideas For What to Sell to Make Money: Money Making Ideas For Kids.

Just about anybody can make money buying stuff and then reselling them. At 12 years old Cameron Johnson, “offered his sister $100 for her collection of Beanie Babies, which he sold on eBay for $1000. He then contacted a wholesaler, and continued selling Beanie Babies on eBay and his Cheers and Tears website”. Within a year he made $50,000. Read more about him here: How To Make $50,000 By The Age Of 12.

One of the important point to take away from this story is, If a 12 year old kid can sit at his computer and make $50,0000, so can you. You may not make as much as he did, but maybe you can get close. Then, again, why not? All it takes is a little imagination and creativity. And AJ if you’re reading this, get off your bum and quit whining and complaining and starting taking action now.

Start Your Own Business on eBay

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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How To Make $50,000 By The Age Of 12

Monday 12 May 2008 @ 12:40 pm

The following article is from TeenMoneyMakingIdeas.Com:

Back in 1994, when he was just 9, (Cameron) Johnson launched his first business out of his home in Virginia, making invitations for his parents’ holiday party. By the seasoned age of 11, Johnson had saved up several thousand dollars selling greeting cards. He called his company Cheers and Tears.

But the little guy didn’t stop there. At age 12, Johnson offered his younger sister $100 for her collection of 30 Ty Beanie Babies, all the rage at that time. The young entrepreneur quickly earned 10 times that amount by selling the dolls on eBay. Smelling potential, he contacted Ty and began purchasing the dolls at wholesale with the aim of selling them on eBay and on his Cheers and Tears Web site.

In less than a year, Johnson banked $50,000–seed money for his next venture, My EZ Mail, a service that forwarded e-mails to a particular account without revealing the recipient’s personal information. He hired a programmer to flesh out his idea, and within two years My EZ Mail was generating up to $3,000 per month in advertising revenue.

Be Fearless

Johnson still wasn’t done. In 1997, he joined forces with two other teen entrepreneurs, Aaron Greenspan and Tom Kho, to create an online advertising company called Surfingprizes.com, which provided scrolling advertisements across the top of users’ Web browsers. Those who downloaded the software received 20 cents per hour (a tiny fraction of the value to the advertiser) for the inconvenience of having ads splay across their computer screens.

The boys employed a classic pyramid strategy to spread the service. Users who managed to refer Surfingprizes.com to a new customer would nab 10% of that new person’s hourly revenue.

But Johnson and company didn’t just sell software–they wanted a piece of that juicy ad revenue too. Their solution: partnering with companies such as DoubleClick, L90 and Advertising.com that could sell the ads for them. Under the agreements, the middlemen would collect 30% of any ad revenue sold, while the three boys split the remaining 70%, out of which they paid those referral fees.

“I was 15 years old and receiving checks between $300,000 and $400,000 per month,” says Johnson. At 19, he sold the company name and software (but not the customer database) to an undisclosed buyer. Says Johnson, “Before my high school graduation, my combined assets were worth more than $1 million.”

Now just 23, and with other ventures under his belt, Johnson spends his time giving speeches and promoting a new book. “Put yourself out there,” he advises. “Don’t be afraid of rejection. Don’t be afraid to ask anything.”

(Story credit: Melanie Lindner - Forbes)

Cameron’s Previous Businesses

TrueLoot.com 2004

CertificateSwap 2004

KazaaGator 2003

AimBuddy 2003

ChooseYourPrize.com 2002

Zablo.com 2001

SearchOmega 2001

VoteStation.com 2001

SurfingXChange 2001

SurfingPrizes.com 2000

EmazingSites 1999

MyEZShop.com 1999

MyEZMail.com 1998

Cheers and Tears/ Beanie Wholesale 1997

Cheers and Tears Printing Co. 1994

Entrepreneur Magazine’s Bestselling Businesses to Start

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

Apply for this job now!...




50 Gift Basket Making Ideas

Saturday 10 May 2008 @ 8:35 pm

The following article is from TeenMoneyMakingIdeas.Com:

The gift basket making business is not only fun, it’s also fulfilling. Being able to have a hand in making someone happy or feel good is by far one of the most rewarding aspects of starting a gift basket business. However, once you’ve made the decision to go into business for yourself, it’s sometimes difficult to come up with unique ideas for the baskets. After all, the gift basket making business is quite competitive. And if you’re going to get into it, you want to try to make yourself stand out from everyone else by offering interesting and unique gift baskets that people will love to give…and to receive! So, if you need gift basket making ideas, here are 50 unique themes for gift baskets that you could consider specializing in. Or, you could mix and match with your interests and your talents.

• Spicy Foods
• Toy
• Bosses
• Basketball Players
• Ice Cream Lovers
• Teacher
• Flower
• Anniversary
• Thank You
• Apology
• Retirement
• New Job
• Coach
• New baby
• Baskets for Pets
• New Mom
• Corporate
• Sympathy
• Get Well
• Travelers
• Nut Lovers
• Movie
• Spices
• Bon Voyage
• Spa
• Health Nut
• Teen
• Kids
• Book
• Birthday
• Patriotic
• Coffee Lovers
• Italian
• Crafter
• Fudge Lovers
• Handyman
• Organic Foods
• Soup Lovers
• New Home
• Romance
• Pasta Lovers
• Sugar Free/ Diabetic
• Picnic
• Engagement
• Herbs
• Barbecue Lovers
• Congratulations
• Graduation
• Gift baskets for moms
• Gift baskets for dads

25 Businesses You Can Start and Run From Home.

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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50 Name Ideas for Tshirt Business

Tuesday 6 May 2008 @ 4:20 pm

The following article is from TeenMoneyMakingIdeas.Com:

Here at TeenMoneyMakingIdeas.Com, we get a lot of requests for name ideas for tshirt business. So, just to get you started, here are 50 name ideas for tshirt business that you may want to use to start your own tshirt business. Feel free to use any of these as starting points for your own ideas for a tshirt business. However, you’ll need to do your own research to find out if they are available or not.

Justees
comicTees
Fun Shirtz
Wear ever Tees
Tshirt Gallery
Tee Pees
T-Tops
Teed Off
Tee Up
Teez 2 Pleez
Tee Time
Tees Galore
Tees Ahoy
Tees For Two
Tee Bees
Her Teez
Tiny Tees
We-B-Tees
Tip Tops
Tees 2 u
Tees Galore
Tees Ahoy
T-Shirt Bazaar
Tees 2 u
Pret-tee
Teez
spike tee
t-mart
T spot
Inside Out
T-Shirt Bazaar
Teez Upfront
Tease-Teez
Smart tees
Tee’d Off!
Teez Pleez
Glitterbug
Heart and Soul
t-shirt factory
t-shirt world
ShurtZ
To a Tee
Tees R Us
TopT’s
Top Tease
FitsU
T Rex
T Storm
T Time
Topsy Turvy

Additional Resources:

For more information about starting a tshirt busines, check out this in depth guide: How To Start Your Own tShirt Biz.

The TShirt Forum

The Business Name Generator

Tshirt Reviews

Good luck with your own name ideas for tshirt business!

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

Apply for this job now!...




Mystery Shopper Positions Available at RitterAssociates

Monday 5 May 2008 @ 10:16 am

The following article is from TeenMoneyMakingIdeas.Com:

Today’s Job lead: RitterAssociates is currently hiring Mystery Shoppers. If you’re not familiar with what mystery shoppers are, then please see our articles on mystery shopping here.

Jobs at RitterAssociates are best suited for you if you’re 18 years old or older. Other requirements that they list for their mystery shoppers are:

• Ability to handle the unique nature of the work
• Ability to read and record verbatim responses
• Ability to communicate effectively
• Ability to listen carefully
• Ability to follow detailed instructions
• Willingness to work flexible hours

If you don’t have any experience or a background in mystery shopping, fear not! They offer training. Here’ what they say.

“Mystery Shoppers receive extensive training to the exact specifications and parameters of each unique scenario before it is assigned”.

I’m not sure how long these opening will last, however, I do know they fill up fast. So, if you think this may be for you, you’ll want to act fast. Visit RitterAssociate’s website and click on the link for “Become A Shopper”. Summer is right around the corner and mystery shopping makes a great summer job.

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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Teens Get Paid to Click and Browse the Internet

Monday 5 May 2008 @ 10:16 am

The following article is from TeenMoneyMakingIdeas.Com:

Teens get paid to click is an easy way to make money. Basically how these type of programs work is that you get paid to click on links through a site that offers this kind of program. If this sounds too good to be true, it isn’t. Yes, there are sites that offer get paid to click programs. How these sites work is after you sign up, they will serve up advertisements to you through your account on their website. After clicking on the links, you get paid - usually on a monthly basis or after you reach their minimum amount.

One site which offers this type of program is Click Sense. At Click Sense teens get paid to click on ads, however, You must be 16 years of age or older to participate in their program. One big benefit of Click Sense is that the program is not limited to US residents only. In fact, the program is open to US and International members alike.

By signing up for Click Sense, you can actually get paid for your web browsing - up to $5.00 for every 30 seconds worth of work. The income you earn is paid directly to you every month. Payments are disbursed to you once your account balance has reached the minimum payout level of $10. If your account balance is less than $10 (or the minimum payout you selected), earnings will carry forward until you have met the minimum requirement. There is no charge to register and you can begin earning money immediately.

Once you are logged into your Clicks Sense, then you would click the “Browse Ads” link where you will be shown a list of ads that are available for you to view in addition to information about how much viewing that particular ad pays. When you click on a link for an ad a new window will open and once you’ve finished viewing the ad, your account will be  credited. It’s that easy! At Click Sense, teens get paid to click on ads and browsing the Internet.

Click Sense is not the only program like this out there. If teens get paid to click programs is your interest, then do a search in your favorite search engine to uncover dozens of other sites.

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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Teenage Business Owner Makes Over Half Million Dollars In Sales

Sunday 4 May 2008 @ 2:14 pm

The following article is from TeenMoneyMakingIdeas.Com:

A Rancho Bernardo teenager could give Donald Trump a run for his money!

Over the past three years, 16 year old Jim Cerenze has sold more than a half million dollars of sports equipment. The business is doing so well, he recently moved his inventory out of his bedroom and expanded his operation in the family garage.

He started out selling baseball bats on ebay, now he sells everything from skateboards to lacrosse equipment under his business name, Tres Amigos Sports.

“I never took out a loan. I never had help from my parents, just started really slow and got bigger,” said Jim, who is just finishing his junior year at Rancho Bernardo High School. Jim started his entrepreneurial spirit when he was just four selling toy geckos to friends. He eventually hopes to open his own sporting goods stores but first he wants to get his degree in business administration.All of the equipment Jim sells is new. He buys it from wholesalers, he then passes on the savings to his customers while still turning a profit.

Credits:

Story and photo: Fox 6 News

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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If You Want to Start a Babysitting Business

Sunday 4 May 2008 @ 2:14 pm

The following article is from TeenMoneyMakingIdeas.Com:

You have finally decided to take the plunge and start your own babysitting business. Now even though you are the owner, you have to set a few regulations. If you want to start a babysitting business, you will have to decide and setup a lot of guidelines for your business to be successful. First, you have to decide the hours you want to work. Do you want to work only weekdays or just weekends or both? This should be decided after looking at your other priorities such as school. You should be clearly able to tell parents that you can’t work weekdays because of homework or other responsibilities, if this is what you’ve decided.

Another thing to consider if you want to start a babysitting business, is the rates you are going to charge. I discuss that more here: How to Start a Teen Baby Sitting Business. The rates depend on what the current rates are in the neighborhood you work. It usually is $7-$9 per hour depending on the area you live in. Your rates could be higher if you have prior babysitting experience, especially in a daycare or if you have babysitting certification (see Making Money With Teen Babysitting Qualifications). It also depends on the number of babysitters available in your area. If there is a surplus of babysitters, you may need to keep your rates competitive and not very high. You could also charge a flat rate such as, $30 for four hours or such. You also have to decide the time you want to work. Are you willing to baby sit till late in the night or do you want the parents to be back by a certain time? These are all things that you will need to decide.

If you want to start a babysitting business, you also have to decide about transportation. Do you need someone to pick you up or will you make arrangements with your parents to drop and pick you up? Walking is never a good idea at night - even if you house is just a few streets away.

Also, if want to start a babysitting business, you need to have a plan for advertising and letting people know about your new babysitting business. And as a backup plan, you need to have a list of places you can register your services as a babysitter so you can get jobs. In future posts, we’ll be posting a nice list of sites where you can register for babysitting jobs in your area. So stay tuned!

Start A Babysitting Business Today!

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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16 Year Old Kid Turns Down $100,000 Salary

Wednesday 30 April 2008 @ 10:05 am

The following article is from TeenMoneyMakingIdeas.Com:

Youngbiz magazine reports that “16-year-old high school student from Rochester, MN recently turned down a $100,000 salary offer from a consulting firm that wanted his advanced computer skills”.

Pankaj Arora, 18, has a passion for technology. He started writing software when he was 12, moved on to building computers, and now runs his own company, paWare, which, in his words, “provides complete IT solutions for business.” “I was born a geek,” he confesses.

And a successful geek he is. Pankaj commands up to $300 an hour as a consultant, and paWare could easily become a full-time job. He ranks number nine on the YoungBiz 100, an annual listing of the top 100 young entrepreneurs, as determined by YoungBiz magazine.

But Pankaj juggled his business around his school schedule. When he graduated from high school in June he had already accumulated two years of college credit from Rochester (Minn.) Community and Technical College.

Pankaj was one of the impressive young entrepreneurs I interviewed as part of a special report I did for Kiplinger’s Personal Finance. Some of the most lucrative teen enterprises are in computer and technology-related fields. YoungBiz estimates that in 2000 its top ten entrepreneurs made $5.5 million in annual profits. Of those, eight were directly engaged in Internet or computer-based ventures.

Still, business sophisticates such as Pankaj remain kids at heart. While he runs a solo operation, he couldn’t have done it without his parents, who let their son’s enterprise take over their home. “We have PCs lying in every room and cable coming out of the basement,” says his father, Jag.

He and Pankaj’s mother, Anita, spent hours cleaning up their son’s room to make it presentable for a visit from a photographer. Anita organizes Pankaj’s paperwork and frets that “food is not his priority. I fix a nice plate and leave it at his desk, and then he’ll leave it to talk to a client.”

At first, Jag worried that clients would get cold feet about working with a teenager and renege on paying up. That never happened. Now he offers his son fatherly advice about staying in school. “I tell him it’s like building a bigger engine. If you have more horsepower, you can go farther.”

This fall Pankaj enters the University of Minnesota, and will use earnings from his business and investments to help cover college costs. He has turned down full-time job offers, despite the lure of six-figure salaries. “I’m having fun,” he says. “It’s not about acquiring wealth or taking over the world.” On second thought, he adds, “I would like to take over the world. But I want to finish school first.”

Credits:

Story: Janet Bodnar @ kiplinger

Photos: Youngbiz

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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16 Year-Old Cooking Up Success In His Own Business

Wednesday 30 April 2008 @ 10:05 am

The following article is from TeenMoneyMakingIdeas.Com:

A great business idea can come from the most unlikely of places. Take Anderson Trail, Inc., www.andersontrail.com, founded by Justin Avery Anderson in 2003 at age 16. A year earlier, Justin had stayed at a bed and breakfast with his best friend, Spencer, and his family. The next morning, at breakfast, the owners served granola.

It wasn’t just any granola. This granola was moist — perfect for Justin, who had braces on his teeth at the time. It reminded him of a homemade oatmeal cookie, only healthy, he says. Impressed, Justin asked the owners for the recipe, but they wouldn’t give it up. Back at home, Justin searched area supermarkets for the granola. “I couldn’t find anything like it,” he recalls.

Cooking Up a Success

Justin AveryFor many people, the pursuit may have ended there. Not for Justin. “I decided to try to make my own,” he says. Justin went to work in the kitchen, mixing various ingredients and trying to duplicate the granola recipe that had so intrigued him. He exceeded his own expectations. “I tried to recreate the recipe,” he says. “But what I came up with — after several attempts — was even better.”

At first, he made the granola just for himself. Then, he started sharing it with friends and family. In the summer of 2003, he brought a batch along with him on an Eagle Scout camping trip. It was a hit. A light bulb went off in Justin’s head. “I began asking people, ‘Would you buy this?’ and when they said yes, I knew I was on to something.”

That Christmas season, he gave out batches of granola instead of Christmas cookies — all to rave reviews. His aunt urged him to consider turning his passion into a business. Her idea piqued Justin’s curiosity and he began to scope out the competition near his home in Houston, Texas. There wasn’t any. “We couldn’t find anything like my granola,” he says.

Getting the Ball Rolling

That’s when Justin decided to start knocking on doors at local supermarkets. Cold-calling, Justin says, was no picnic. “I was afraid people would say no — and they did. But I got over it.”

His perseverance paid off. He convinced the specialty food director at Houston’s HEB Central Market, FB Godinez, to give him a shot. Godinez agreed, and Justin, then a high school senior, began to clear the hurdles necessary to get a product to market. He purchased business insurance and a bar code and found a nutritionist to come up with the fact box listing the calories and fat content in the granola.

Shooting for the Stars

He also had to find a commercial kitchen to work with. He tackled that challenge Justin-style — with gusto — picking up a copy of the Houston Business Journal Book of Lists and calling every caterer until he found one who was willing to work with him. By April 2005, Anderson Trail Original Recipe hit the shelves at the Central Markets in Houston and Austin, as well as two other local stores, and became available online via the company’s website.

Like a true entrepreneur, Justin sees his early success as just the start of something really big. After cornering the local markets, Justin is off and running to capture the national marketplace.

On Justin’s To-Do list: the creation of additional varieties of his unique moist granola — including possibly a wheat-free, and a holiday variety — and the expansion of his business to Whole Foods Market and other health and specialty stores nationwide.

He’ll have plenty of help. At a chance meeting at the 2005 Horatio Alger Awards — where he was named a National Scholar — Justin met Lyttleton “Lyt” Harris IV, who is credited with the discovery and promotion of Orville Redenbacher’s Gourmet Popping Corn. Harris came out of retirement to help Justin with his business and he, along with his wife, Venita, are Justin’s first investors.

Ingredients for Success

Justin, now 19, is a sophomore at Texas Christian University in Fort Worth, where he is majoring in what else — entrepreneurial management — at the Neeley School of Business and was recently named a TCU Youth Entrepreneur of the Year.

He currently operates his business from new offices located near the TCU campus at a small business incubator and spends an average of 20 - 25 hours a week coordinating the packaging, production and shipping of his product. Justin says nothing can replace the hands-on experience he’s gaining. “I’ve learned so much,” he says. “I learn something new every day.”

Justin, who was inspired early on by the success of fellow teen entrepreneurs Evan and Elise Macmillan of The Chocolate Farm, also wants to serve as an inspiration to his peers. “I tell them to research the market and to figure out why their product is different and why people should by it,” he says. “I also tell them that the most important ingredient is having a passion for what you do.”

Credits: Amy Rauch Neilson @ Youngbiz

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Little Known Places to Find College Jobs Online

Tuesday 29 April 2008 @ 2:04 pm

The following article is from TeenMoneyMakingIdeas.Com:

Keeping up with classes and getting good grades in college is difficult enough without having to worry about money, but with the average college cost near $30,000, having a college job is a necessity for most students. Finding a good college job can be difficult—many employers aren’t willing to cooperate with class schedules or aren’t understanding of the demands students face.

Even jobs on campus can be so low-paying that they hardly seems worth the time. And many student jobs offer very little practical experience and don’t use the knowledge students are gaining, removing the potential for gaining good work experience. But students can now find reliable college jobs online to help with the cost of their education. There are a variety of college jobs online that will take advantage of students’ growing knowledge while offering experience and convenience.

College Help is a great source to use in searching for college jobs online. This site enables employers to post part-time jobs, summer jobs, and internships, creating a central location for students to search for ideal employment. Also, it is free for students and colleges to use.

AHBWA —the American Home-Based Work Administration offers job opportunities to individuals interested in working from home, a great opportunity for college students who may lack the transportation or funds to commute to work, offering instead the opportunity to obtain a college job online. Work From Home. Over 500,000 Current Positions. Start Now. Apply Online. Click Here.

Sports Jobs offers sports-related jobs and internships to members—memberships begin with a trial for $9.95. The jobs found on this site range from sports marketing and administration to sports medicine and health-related careers. For college students interested in athletics, this site will prove to be an excellent resource.

A similar website, Jobs In Sports,offers job openings and internships in sports fields. Students can upload their resumes, which sports employers can peruse to find a perfect match to fill positions.

Nannies For Hire presents a great opportunity for a college job online. Individuals interested in nannying—whether part-time, full-time,or just for a summer—can create an account. Families looking for a nanny can use the site to find a person to meet their needs.

Go Freelance provides students interested in breaking into the field of writing a chance to do so. Freelancing can be done from home, providing another chance for students to avoid unnecessary expenses on travel. A variety of freelancing opportunities are available in different fields including writing and editing, web design, medical and legal transcription, data entry, and graphic design.

Dr. Office Jobs focuses on job openings in the medical field. Membership costs $79.95 per year and allows members to post their resumes and be matched with potential employers.

Creative Jobs offers a unique chance for those seeking creative work online. The industries featured on this website include fashion, interior design, architecture, and more. Students interested in more creative fields should take advantage of this website.

Hire Helper enables individuals to search in their area for odd jobs such as moving help, cleaning help, gardening, etc. and apply online.

Do My Stuff is a similar website, but those seeking help are able to search the site for those seeking work, who create a profile.

Online Summer Jobs specializes in summer jobs and is a great opportunity for students looking to make money between semesters.

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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12-year-old CEO Makes $45,000 A Year

Monday 28 April 2008 @ 6:03 pm

The following article is from TeenMoneyMakingIdeas.Com:

MSN Money reports that 12 year old Leanna Archer of Leanna’s Inc., currently makes $45, 000 per year! And she says if she can do it, anybody can. Here is what she says in her own words:

“My name is Leanna Archer from Long Island , NY. At the age of 4 , after I was tested for Pre K, my parents were told that it would be a good idea to take to a gifted center to get tested because I was advanced for my age but they didn’t take it seriously.

At 8 years old I begged my parents to turn a home made hair product that Mom makes for my hair into a business. They were so busy working and raising me and my 2 brothers that again they didn’t take it seriously. I realized then that I had to do it myself, I started filling my baby brother’s gerber jar with the hair dressing and giving to my friends in school to try.

When my friend’s parents started calling to ask if we can sell it to them, that’s when they realized how serious I was. After ignoring me for about a year, Leanna’s Inc. was registered in New York and a website was created and now people from all over including Canada and the United Kingdom, close friends, relatives and my parent’s co-workers are using Leanna’s hair products. It is available at selected Beauty Salons and online. Our customer’s satisfaction is our Motivation.

12-year-old CEOAt 12 years old now, I’m on top of my finances and as well as the satisfaction of my customers. My parents and my 2 brothers help me make the products. Mom and Dad used to have full time career jobs. My Dad is now working for me. I’m so thankful for that because the business really picked up last summer of 2007 and the second factor that keeps them motivated to keep the business going for me are because I’m an HONOR student in school in Long Island, I play the Piano and I hope one day to be able to tell the world my story.

My parents listened to me and many parents don’t take their children seriously when they want to do something. I want to tell Parents out there to please listen to your kids

The first thing I’d like to say is that Leanna’s hair products is not only for kids, anyone can use it. This product is for everyone and can be used on natural, chemically processed , corn rolls or braided hair to nourish and lubricate dry hair and itchy scalps. Our products are not going to make your hair grow overnight but believe us, it will help it grow. If your hair is falling, do an oil treatment and it will stop falling in a matter of days, not a week not a month. Say goodbye to dry scalp, the oils are pure, not watered down, and very light, use it and style your hair the way you want to , it will not weigh it down.

Leanna’s products are available to the public by popular demands from relatives and friends referring other people, word of mouth promotions. As a result, I ( Leanna ) asked my parents to help me turn these home made products into a business after seeing what the products are doing for my hair since I was 3. My dad is computer engineer, not a Web designer, he built the web site the way I asked him to, because it made it easier for our friends and customers all over the US to order it online instead of the old fashion checks clearing and mailing, it would take 2 weeks for them to get their products. Now you’ll receive it what you order in 3-5 business days when it is done online”.

You can read more about Leanna on MSN Money. She has been featured in Hype Hair magazine, Ebony Magazine and many other publications. Or you can visit her website.

Listen to Leanna in an interview with Sally Jesse Raphael, or watch her on Youtube below.

For more information like this, visit TeenMoneyMakingIdeas.Com, for more tips on ways for teen to make money.

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How To Start a Gift Basket Business on a Shoestring Budget

Wednesday 16 April 2008 @ 4:23 pm

The following article is from TeenMoneyMakingIdeas.Com:Many people will tell you that a gift basket business can be started at home. In fact, there are many benefits of having a home based gift basket business. One benefit is that a gift basket business is a great way to get started in your own business if you [...]

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Making Money With Teen Babysitting Qualifications

Tuesday 15 April 2008 @ 10:21 am

The following article is from TeenMoneyMakingIdeas.Com:As with any other business, teen babysitting qualifications add to your credibility and build trust. They also help you earn more money. Because even though teen baby sitting qualifications are not mandatory, parents are naturally more willing to leave their children with a babysitter who is qualified and able to [...]

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Ways to Start Babysitting

Saturday 12 April 2008 @ 12:08 pm

The following article is from TeenMoneyMakingIdeas.Com:There are several ways to start babysitting. You could start slow and try babysitting one or two children at first or children you are familiar with. Ask relatives and family friends if you could baby sit their children. This way, you don’t have to deal with a new environment the [...]

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Why Starting a Gift Basket Business for Teens is the Perfect Money Maker

Saturday 5 April 2008 @ 3:16 pm

The following article is from TeenMoneyMakingIdeas.Com:To put it simply, the gift basket business is a great money maker. It is one of the most popular and profitable home-based businesses in America. After surveying hundreds of home-based gift basket businesses, one magazine in the industry reports that 70% of gift basket business owners report sales between [...]

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Kids Making Money With Pictures

Tuesday 1 April 2008 @ 11:12 am

Kids are always looking for ways to make money. It’s tough seeing things that you want to buy and not having the money to get it. It’s tougher still, when you ask your parents for the money and they tell you no. One way of overcoming this is making money on your own. But for [...]

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How To Know If Starting A Babysitting Business Is Right For You

Sunday 30 March 2008 @ 9:10 am

The following article is from TeenMoneyMakingIdeas.Com:A business is a business no matter what it is about. And starting a babysitting business is no different. It requires focus, dedication and hard work. First, you have to decide if babysitting is right for you. If you think babysitting is just keeping one eye on the kids [...]

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Awesome Business Names

Friday 28 March 2008 @ 5:07 pm

The following article is from TeenMoneyMakingIdeas.Com:A visitor to TeenMoneyMakingIdeas.Com asked:
What are some awesome business names?
An awesome business name is very important to creating a successful business presence. Often, a name can either make or break a new business.
So, when starting a new venture, it’s important to choose the name carefully. However, in order to give [...]

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Answering Your Questions At TeenMoneyMakingIdeas.Com

Friday 28 March 2008 @ 5:06 pm

The following article is from TeenMoneyMakingIdeas.Com:We’ve started a new category on TeenMoneyMakingIdeas.Com called Q and A. In our Q and A category, we’ll be answering questions that you pose to us here at TeenMoneyMakingIdeas.Com. The kinds of questions we’ll be taking are ones that have to do with teens and college students finding legitimate ways [...]

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How to Start a Teen Baby Sitting Business

Saturday 22 March 2008 @ 10:59 am

The following article is from TeenMoneyMakingIdeas.Com:Gone are the days when baby sitting was considered an odd job by which teens could earn some extra cash. Today, babysitting has developed into a full-fledge, thriving business and the owners of these babysitting businesses are none other than the teenagers themselves. Teenagers are running teen baby sitting business [...]

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Where to Find Free College Money

Monday 10 March 2008 @ 8:41 am

The following article is from TeenMoneyMakingIdeas.Com:Most college students can attest to the difficulty of finding a way to pay for their university education. The average college tuition today in the United States is about $30,000 a year, a price that the average college student will find staggering and difficult to face. Even with any assistance [...]

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Ways College Students are Making Big Money in Their Own Online Retail Business

Monday 3 March 2008 @ 1:29 pm

The internet has allowed businesses to expand at an amazing pace. By setting up a website online, businesses are able to target a larger population and make bigger profits. But the internet has also given rise to another type of business. A venture that does not need a ‘brick and mortar’ business in the first [...]

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45 Household Chores to Make Money Fast at Home

Sunday 2 March 2008 @ 7:25 am

1. Make the bed
2. Feed family pet
3. Clean your room
4. Weed neighbor’s garden
5. Wash cars
6. Babysit
7. Be a mothers helper
8. Rake leaves
9. Mow lawns
11. Plant flowers
13. Wash dishes
14. Vacuum
15. Dust furniture
16. Do the laundry
17. Fold clothes
18. Clean the refridgerator
19. Iron clothes
20. Walk dogs
21. Pet sit
22. Wrap [...]

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Amazon Mechanical Turk: The Fun, Free, & Easy Way To Make Money Online

Tuesday 26 February 2008 @ 5:23 pm

There are many opportunities to make money online, but how many come knocking on your door? If you’re like me, the answer is probably “few and far between.” Well, I’ve discovered a great money making website, which is hosted by Amazon.com, so you know it’s trustworthy. The website is called Amazon Mechanical Turk. Don’t let [...]

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How To Make $20 an Hour Doing Simple Work

Friday 22 February 2008 @ 11:14 pm

Many people would love to make $20 an hour. But $20 an hour doing back breaking work would not be much fun at all. But what if you could make $20 an hour doing very simple work? Sounds incredulous? Well that’s what we thought, however, we found a website where hundreds, perhaps thousands of people [...]

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