When I was seven years old and living in Iran, my father used to take me to one of my favorite places – a massive indoor swimming pool. They made special drinks that I loved.
A man there, that was a good friend of my family, always gave me so much respect. One day he sat me down and looked me in the eye and said, “Patrick, do you know why I respect you so much?” I replied, “No, I really don’t know.” He said, “Because one day, you’re going to lead the world. You’re a seven-year-old today, but one day, when you’re a 25, 35 or 45-year-old, you’ll be leading other people. I want to give you respect now.”
I get chills all over my body every time I tell this story. You see, all over the world, every president, CEO or great entrepreneur was at one point a teenager with a dream and a heartbeat. They knew they wanted to do something big with their lives, and wanted to make an impact, and were asking how to make it happen.
So today’s message is directed to teenage entrepreneurs. And in this video I share with you 14 ways that teenage entrepreneurs can make money.
I didn’t grow up in a wealthy family. I started off running a recycling business at a local swimming pool at the age of ten.
At the age of 13, a buddy of mine and I wanted to earn money to buy a Sergei Fedorov card. We both wanted to buy a box of Upper Deck and split the 36 pack 18 and 18. So after our parents went to bed at 10:00 or 11:00 at night, we’d go to the local trashcans and we’d collect either the cans or two liter bottles. Then we’d go to the local Albertson’s and recycle every single one of them, and make around five bucks. After a month, we’d eventually have around $100.
Some people watching this may say, “I’m from a prestigious family; I would never lower myself to that level.” That’s totally fine. I’m just telling you what I did.
Here’s how I’d do it today. I’d go to every single person in the community (that my parents approved of — make sure you get your parents’ approval), and ask, “Hey, do you mind if I collect all your cans?” I’d give them special boxes or bags to put the cans in and then pick them up from them later.
Then I’d have my parents bring me to the recycling center where I could turn in the cans for cash. I’d not only make money, but I’d also have a positive impact on the environment and community by helping clean up the place.
You may say, “Pat, I don’t like that idea.” Stay with me. I have some other ideas for you as well.
#2: Social Media
Most adults have no clue about social media. When I say adults, I’m not talking about 22-year-olds, but people who are 35 and beyond. There are exceptions, but most of them don’t know a lot about social media. And you would be amazed by how many of them are intimidated by it.
For instance, I’m pretty active on Snapchat right now. I’m on a 90-day health transformation program. I’m trying to get to a certain shape that I’ve never been before. So every morning I post my pictures on what I look like. It’s not the most comfortable thing to do, but I want to get rid of this gut. I want to get into very, very good shape, just like I used to be at 21 or 22 years of age.
But initially, I didn’t know how Snapchat worked. Here’s how I learned. First, I was in Bakersfield and I asked a young lady, Shawna, to show me how to use Snapchat. Then later, I was in Florida and spent some time with Phoebe. Phoebe is 16, and I’m 37. She showed me how to use Snapchat. “Patrick do this, here’s how this works, you need to do this, you need to do that,” and we went through the whole thing together. Prior to that, I didn’t know how to do any of it; she taught me everything I needed to know about Snapchat. I would have gladly have paid $100 for that.
You may be 13 years old and watching this and thinking, Pat, c’mon now. You’d pay $100 for that? Yes! Yes.
Here’s how you can get started with social media. Ask your mom and dad to start telling their friends and family that you’re going to teach business owners how to use social media. Your parents won’t mind help you make money. You can then get out there and start teaching business owners how to use social media and the next thing you know, you’ll make $50 here, $100 there.
My pastor’s son, Dallas, did this. He started teaching people how to get a following on Twitter and Instagram. He did so well that people started paying him a few hundred dollars a month and now he has a business.
If I was a 12 to 14-year-old today, I’d make a minimum of $2,000 – $3,000 a month teaching adults how to do social media.
Now you may say, “Pat, I don’t want to do social media.” No problem, I’ve got another one for you.
Listen in here for some tips for how to make money on Fiverr.
A lot of parents need help with babysitting. You can ask people, “Can I help you babysit?” Before you do, make sure that the people you approach are ones your parents approve of.
#5: Pet Sitting
There are a lot of teens in my community that come to me and say, “Do you want me to walk the dog? I’ll do it for $10.” They go and do laps with the dog for 20 or 30 minutes, and I give them $10. I don’t have a problem with that.
In your community, when you’re outside, watch for people that have dogs and ask them, “Hey, would you like me to walk the dogs for you once a day? I charge $5 for once a day, $10 for twice a day” or whatever the number may be for you. You’ll be amazed by how many people will say yes. The next thing you know, if you have 10 clients, 10 dogs, and you’re walking them once, twice, or three times a week, you’ll be making $500 a month, which is a lot of money for a 13-year-old.
#6: Running Errands
Listen in here for my ideas on how to make money running errands and doing other chores for people in your neighborhood.
Landscaping is pretty obvious. A lot of kids and teenagers doing it. You can mow the lawn, shovel snow, pick up leaves, pull weeds, clean out the garage or yard. Get a couple of buddies to help you, and charge $30. If you split it with your buddies, you’ll make $10 a piece.
I’d have no problem paying somebody to do this type of work for me.
#8: Code Academy
Code Academy is a site similar to Khan Academy except on Code Academy, they teach you how to code — for free. You don’t need to pay them anything.
Since the world is headed toward technology, if you learn how to code, you can approach local businesses and offer to build them a website for $500. So be sure to check out CodeAcademy.com where you can learn how to code for free.
Nowadays you can sell a lot of different things on eBay and Amazon. You can go to the 99-cent store and buy a bunch of things for 99 cents and then sell them for $5 or $7 and add on $3.99 for shipping and handling. And I’m being dead serious with you.
You can do this from your home, and arrange for UPS to come and pick up the 20 items that you sold. The money goes into a PayPal account that has been approved by your parents.
#10: Start a Blog
Start writing a blog. So what do you write about? You could write about Mickey Mouse. You can write about Thomas and Friends. You can write about so many different things. You can write about movies that come out for teenagers. You can write about G-Rated movies, cartoons, Disney movies. I met a guy the other day in San Diego. He is a former attorney, but now he makes $150,000 a year blogging about Mickey Mouse and Disneyland.
It doesn’t really matter what you write about. Create a website, write content, and grow a following. Have your friends and family share it, and before you know it you’ll be able to have affiliates and partners and put ads on your website. You can also add Google AdSense to your blog and make money that way. There are many opportunities that will come up if you are a good writer and start a blog.
If writing isn’t your thing, start a YouTube channel.
The other day I came across the YouTube channel, Even Tube. I was fascinated by it. A young, eight-year-old kid started a YouTube channel where he reviews toys. He has 3.1 million subscribers. He monetizes his YouTube channel and YouTube pays him for making videos.
On your YouTube channel you can review games or new technology. You can show people who to do things such as how to use Snapchat. If Mario and I were 14 years old right now, we’d be running a prank YouTube channel.
You can sing. You can play a musical instrument. You can do music lessons. You can do a Let’s Play. You can do so many different things.
A friend of mine started a small tutoring business. Initially she was charging 10, 15, 20, 35 bucks, and all of a sudden, she couldn’t keep up with the demand. Her business 2utors2you has done very well.
Now obviously, you’ve got to figure out how to monetize your channel on YouTube, but you can do this by adding Google Adsense to your channel.
A lot of teens are doing this now. All you need is your phone camera or computer camera. You can get someone to create an opening for you, and the ending for you. You can hire someone on Fiverr to help you make the video cleaner. There are a lot of ways nowadays to make money on YouTube, and it’s free to start a YouTube channel, so why not give it a shot?
Watch this video for tips on how to become a YouTube Partner.
You can tutor any subject you’re good at such as Math or English. Start local. Tell kids and parents. Put out signs and flyers. Have your parents talk about it. The next thing you know, you’ll have a tutoring business.
Listen in here for my ideas on how to make money washing and detailing cars.
#14: Solve a Problem
Listen in here for my thoughts about an exercise you can do with your parents or a couple of your friends to help you come up with a way to make money by finding and solving a problem that people have.
It could cost you $500 or more to start a business. You can go to family members and other local people to help you start. The next thing you know, something that was small when you started it could end up being something big. Will it work 100% of the time? Not at all. But Quit Quitting. Keep going with it. Keep doing it, and all of a sudden, some idea of yours could end up becoming so revolutionary that we’ll read about you on Forbes Magazine or Inc. Magazine or Entrepreneur Magazine or somewhere else online that you created something that is being used around the world. We’re counting on you to come up with new innovation that we can use one day ourselves.
What I Want You To Do
To be a successful entrepreneur, you have to think like an entrepreneur. One of the best ways for that to happen is to start reading business books like never before.
Read this Book
I wrote a book with a very good friend of mine, Tom Ellsworth. Tom is famous for being part of JAMDAT. He was one of the seven partners when they sold JAMDAT to EA Sports for $680 million. He’s the president of our company now. He and I wrote a book called The Life of an Entrepreneur in 90 Pages. This book is based on our video that we published on October 31, 2015 that went viral.
It’s a simple book. Buy this book. Read this book, and you’ll understand what it takes to be a successful entrepreneur.
Follow Me on Snapchat
Whether you’re a younger entrepreneur or not, I want you to follow me on Snapchat. And then when you implement any of these tips, be sure to let me know your results. Message me and tell me, “Pat, this is what I did that worked for me. I made $6000 that last year here, part time.” Or “Hey, Pat, I did this last month and I made $428.” Great. I want to hear about it. I want to hear about your success stories, because you’re going to be a great example of a lot of other people that make excuses about not being able to make money.
If you haven’t already done so, be sure to click on the button below to subscribe to my YouTube channel, and if you have any questions about what was in this video, leave them below.