- Always put items up for auction
- Research the item before buying/selling it
- Buy items at liquidation sales as much as possible
- Buy in bulk
- NEVER and i mean NEVER buy well known items such as ipods, ipads, guitars, etc. beacause they will never sell or atleast not cheaply (this is a very common mistake)
Get Rich Teen
Tuesday, March 13, 2012
Through Buying and re-saleing
This is without a doubt one of the most profitable businesses that can be done by teens there is, but like some other ones mentioned in this blog, CAN be very difficult. It takes time to get used to it, but once you do you could be looking at $2000-3500 a month! One problem with this though is that (in this case) you have to have money, to make money. Of course if you play your cards right you dont have to have much and you could have high profits. Here's some tips on doing well
Through buisness
Start a small business. To do this you need to find a simple, yet useful product. When setting a price,make sure you don't set your prices too high otherwise they wont sell although, you still want a profit. Once you find one you will need to get your materials. Go online to a website that offers the materials you need and by them in bulk. By doing this you save money and time spent buying materials online or waiting for them to be shipped in. Find a small store/gastation that you can sell your product at or if you know how you can sell it online. Make sure you don't ask for your money up-front or they'll likely turn you down. Overall, make sure to stick with it and you can even get a business partner to help but still make sure you keep control. Who knows, your business might one-day be huge.
Through Work
Probably the most famous way young people make money is through labor. For example: yard work, small jobs on the farm, paperboy, someone who takes out the trash, etc. This way is great and will diffidently help your work ethnic which will help you ALOT in the future. The only problem is, its hard to get a job like this nowadays. The reason why is that most people don't trust young people nowadays. But if you can land one of these jobs remember that you need to keep your prices low and NEVER ask for your money before you do your work otherwise they'll think your scamming them. Also, to increase your chances in getting one of these jobs, you will need to befriend the adults in your neighborhood and gain their trust.
Through Blogs
Now this one is a little harder. Blogs are a good way to express your opinion and earn money. They're not near as easy to do as surveys and can be very frustrating, especially when you have little time to make one. Next I will tell you how to make one and get it going. You can check mine out at Thoughtify.com (note; I just started it 1 day before this one).
Create A Blog.
To do this you will need to find a blogging website. Personally I use Blogger but another popular one is Wordpress. Just choose a simple name/domain name (not to lengthy or hard to spell), chose a template, and start posting.
1.Start Posting.
Figure out how to post and start. Try to other upload pictures and videos often. When writing try to make your post interesting, to do this try involving : your friends/family, followers, big events that happened that your followers would know about, funny stuff that happened, etc. And try to not talk about stuff like politics, elections, debatable topics, etc.
2.Get heard.
I'm not gonna go into a long list of how to do this because its pretty obvious that you could pay sites to advertise and to be honest I don't know much about it but i will tell you about free advertising.
The best way to get your blog heard is through other blogs. By this I don't mean posting you link on other blogs (mainly because its disrespectful and will get removed anyways), you just need to get involved in other peoples blogs and in turn they will get involved in yours.
3.Make money.
The easiest way to do this is through Google's adsense. Just sign up to it and wait for cash to roll in. WARNING!!!!!!! Never tell people to click on your ads or click on your own ads. Otherwise, they will get removed and you will probably be removed.
And finally blogging should be fun. Don't write about stuff that doesn't interest you otherwise, your blog will be boring and will pretty much suck. Be sure to never give up otherwise it will never work.
Create A Blog.
To do this you will need to find a blogging website. Personally I use Blogger but another popular one is Wordpress. Just choose a simple name/domain name (not to lengthy or hard to spell), chose a template, and start posting.
1.Start Posting.
Figure out how to post and start. Try to other upload pictures and videos often. When writing try to make your post interesting, to do this try involving : your friends/family, followers, big events that happened that your followers would know about, funny stuff that happened, etc. And try to not talk about stuff like politics, elections, debatable topics, etc.
2.Get heard.
I'm not gonna go into a long list of how to do this because its pretty obvious that you could pay sites to advertise and to be honest I don't know much about it but i will tell you about free advertising.
The best way to get your blog heard is through other blogs. By this I don't mean posting you link on other blogs (mainly because its disrespectful and will get removed anyways), you just need to get involved in other peoples blogs and in turn they will get involved in yours.
3.Make money.
The easiest way to do this is through Google's adsense. Just sign up to it and wait for cash to roll in. WARNING!!!!!!! Never tell people to click on your ads or click on your own ads. Otherwise, they will get removed and you will probably be removed.
And finally blogging should be fun. Don't write about stuff that doesn't interest you otherwise, your blog will be boring and will pretty much suck. Be sure to never give up otherwise it will never work.
Through Surveys
One of the most guaranteed ways to make money is through surveys. This is very simple and all you have to know is what you think. Plus if your like to share your opinion, like me, this is a great way to do it. Personally, my favorite sites are surveyhead.com and valuedopinions.com these are generally good sites that pay well (note: I'm not being payed to say this). The pro's and con's to surveys are listed below.
PRO'S- Earn money, very easy, express your opinion, easy to get your money.
CON'S- Surveys aren't always available, can be lengthy, some have low pay.
PRO'S- Earn money, very easy, express your opinion, easy to get your money.
CON'S- Surveys aren't always available, can be lengthy, some have low pay.
Teens Need Money
As teenagers we need money to get the things we want such as tv's, furniture, games, computers, etc. And most of us dont get money from our parents. This blog will provide information needed to make money at that age. Im not making money yet but im currntly working on multiple different ways to make money in fact, this is one of them.
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