There are so many young entrepreneurs looking to start a business in 2021. If you want to know how to start a business at 13, this article is for you!
If you are looking to start a business as a 13-year-old, you will need to pick a product or service to sell, find your target audience and make a website. Promoting your business on social media and finding a gap in the market are additional key parts of starting a business at 13.
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Can You Start a Small Business at 13?
At 13, you can start your own small business. In fact, the earlier you start your business, the more you can learn from experiences.
There are a lot of valuable learning experiences that come from starting a business. The more time that you have to learn from the experiences and grow from them, the more you could be potentially earning.
All these learning experiences will teach you what works and what does not. That way, when you are older you will have a better idea of how to successfully create a profitable business from the start.
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What Business Can a 13-Year-Old Start?
A 13-year-old can start a car wash, lawn care, or blogging business. At 13, if you are willing to put in the work and create content, a blogging business might be for you.
Start-up costs are minimal. Typically you only need to pay for web hosting which usually costs only a few bucks a month.
But many teens have started their own blog and within 6-12 months are earning thousands of dollars of passive income.
It is one of the best online businesses to start in 2021. You can read more about starting a blog here.
Can a 13-Year-Old Start an Online Business?
Any 13-year-old can start an online business. Some of the best online businesses to start at 13 include dropshipping, affiliate marketing, and blogging.
All those businesses can be run entirely online from the comfort of your own home. If you have ever wanted to travel the world and make money at the same time, starting an online business might just be the move.
Starting an online business now could put you way ahead of your peers financially so when you’re older you could have this extra source of income coming from your business.
How to Start a Business at 13 in 2021
1. Pick a Product or Service to Sell
The first part of starting an online business at 13 is picking a product or service to sell. Oftentimes the product or service that a business sells could make or break a business.
This is especially important if you decide to start a dropshipping or wholesaling business. The product that you sell in either of those businesses is extremely important.
Choosing the wrong product, or selling a product that is in a heavily saturated market will make it more difficult to make a profit.
You can use SaleHoo to find the research and find the perfect product and supplier for your business.
2. Find Your Target Audience
Finding out your business’s target audience is important to do early on. It’s important to know who your target audience is before you begin marketing your product or service so you can avoid wasting time and money.
Your time is valuable and you do not want to spend it advertising your product or service to people who are not interested.
Your target audience is the people who are most likely to become customers. As the owner of your business, it’s your job to find your target audience and start focusing your promotional efforts on them.
3. Make a Website
The next step to starting a business at 13 is creating your business’s website. With everyone consistently using the internet, it’s important to make sure others can find your business if they try to search it up.
Making a website for your business also shows a sign of professionalism as well. Your website URL can even be put on your business cards. You need to have a place online that informs others on the purpose of your business.
Not to mention, a business website also is a great way to start branding your business. Just make sure to use paid web hosting with a professional domain name.
4. Promote on Social Media
A strong social media presence is something every business needs. Especially if you want to advertise your product or service to millions of potential customers for free.
As a 13-year-old business owner, you most likely do not have a ton of money to invest in advertising. Instead, you should create an account for your business on a couple of the largest social media platforms such as Instagram or TikTok.
You don’t want to miss out on all the free advertising that these social media platforms offer. Just post engaging, shareable content consistently and start growing your business’s following on these platforms.
Related: 12 Best Instagram Business Ideas
5. Create a Posting Schedule
Another important tip for starting a business at 13 is the importance of creating a posting schedule. A schedule that outlines when and where content needs to be posted is something every business needs.
A posting schedule will help keep you on track to successfully creating a profitable business. Consistency is key when growing a business from the ground up. Especially in terms of advertising and marketing.
6. Find a Gap in The Market
Finding a gap in the market that you can take advantage of can be extremely beneficial when first starting a business. It can help you separate yourself from the competition. More importantly, it can give your customers a reason to pick you over other businesses that sell similar products or services.
Perhaps in your industry product shipping times were extremely slow and could see significant improvement. Your business could fill this gap in the market by providing faster product shipping.
This could be done by choosing a supplier that offers faster shipping times compared to your competitors.
7. Track Income and Expenses
Tracking your business’s income and expenses is also something every 13-year-old business owner should do. Managing your business’s money correctly is extremely important and one of the best ways to figure out how profitable your business is.
At 13-years-old you should try to keep your expenses as low as possible. With FreshBooks accounting software you can easily track your business’s income and expenses.
FreshBooks even offers a free trial so you can start tracking any income or expenses of your business today.
Many 13-year-old entrepreneurs are looking to start their own business and more importantly, make money. With these 7 tips, you can easily start a business at 13.
Starting a profitable business is not something that happens overnight. It takes time and dedication to start a business and is not for everyone.
However, if you are willing to put in the work, the entrepreneurial life is extremely rewarding.
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