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How can a thirteen year old boy create his own business?

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2009-02-23 06:13:28
2009-02-23 06:13:28

Hello from a life-long entrepreneur; My first advice is "find your market". A business needs to have a product and customers who want to buy that product. Whether its a paper route (your product is actually a service in this case), stocking groceries (again, a service) or selling door to door, you need to have something that someone wants to buy. This may sound basic, but so many businesses forget this rule. Also, you will always be successful doing what you like. What are your hobbies and interests? Is there any way other people might pay you for your knowledge? Maybe you could start a web site advertising your expertise. You can also sell ads on your web site and make money that way. Don't worry about the complicated legal stuff like forming a company. If you are a 13-year old kid, and your business does not have any risk involved, then you would operate as a sole proprietor. But, if something goes wrong, you could be held liable. You should speak with a lawyer or accountant about these issues. Maybe your parents can help as well. Thats all I have time for, but remember, just by asking this question is shows you are a motivated individual, and that puts you two steps ahead of everyone else. I started selling vegetable seeds door-to-door when I was 10, and never looked back! Its great owning your own business. I wish you the best of luck. Lets keep the answer on the K.I.S.S. (keep it simple stupid) principal. The fact that a 13 year old can create his own business is great. But lets not fill a child head with the idea of accountants or layers. A teen cannot afford that. He can either make some kind of craft in his spare time to sell, and build a customer base through friends and family, or offer some kind of service. Nothing complicated. This 13 year old can also offer to sell other people's junk for a comission. There are also books that list many differen't kind of businesses a person can do and how much they cost to get started. They are great references that I used to brain storm in the past and have worked very well for me. Perhaps you could start a lawn service such as mowing, raking leaves, shoveling snow, and so forth. Or a pet service for your neighbors who go away for the weekend or may need to have their dog let out or animal checked on while they are at work. Errands for senior citizens or busy moms might be an option as well, depending on what type of access you may have to local stores and such. There are many opportunities for any person who is willing and able. As to the legality of a "business" you are a minor and therefore would not be held legally liable; the law presumes that private persons who employ anyone under a state's legal age of majority does so at their own risk. This of course does not mean the young person can deliberately neglect or fail to complete an agreement, that is an matter of ethics and should be addressed accordingly.

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