13 Recession-Proof Businesses (2024)
April 15, 2024
April 15, 2024
Are you worried about the direction of the global economy?
You’re not alone. Both business owners and employees are feeling a crunch from rising costs. That’s why we’re going to discuss recession-proof businesses.
When you’re done reading this, you’ll have an understanding of recession-proof sectors and be prepared for the next economic downturn. Read from start to finish or click any of the links above to jump straight to the section you need to know more about right now.
According to the Federal Reserve, as of April 5, 2024, we are not in a recession, but economic downturns tend to occur every 6.33 years and typically last between 6 and 18 months.
The last economic downturn was caused by the COVID-19 pandemic and government shutdowns that lasted two quarters. Prior to that, the housing market crash of 2008 resulted in a recession that lasted for nearly two years.
Many people believe that the relatively high rate of inflation, the housing and rent bubble, and the reduction in spending power for many Americans are signs that the economic climate is primed for another economic crisis.
If you’re a business owner, now’s the time to should look at your business model and consider how it will survive and thrive during tough economic times.
Recession-proof businesses are companies in industries that tend to perform better than the gross domestic product (GDP) as a whole.
As we experienced during the pandemic, if a small business was considered an “essential service,” it could ride out the tough times because the economic activity that kept it afloat didn’t stop, even when most businesses were not allowed to operate as usual.
When a recession hits, some industries and sectors tend to do better than others. There are essential services and products that people still need during economic slumps, including:
Meanwhile, revenue streams tend to dry up for some companies when widespread economic hardship occurs. Consumer demand for the following tends to decrease during an economic recession:
The economic conditions during each recession will be different, which means consumers cut costs in different areas depending on what the scenario is.
For instance, during the Great Recession in 2008 and 2009, real estate agents were hardest hit because the cash reserves and risk appetite of banks were vastly reduced. In the 1980s, oil embargos caused people to reduce their driving because of gas shortages.
When economic uncertainty hits, small business owners will normally experience a reduction of incoming cash flow and be compelled to tighten up their budgets and stop hiring.
When the economic situation gets even worse, they may need to offer cheaper alternatives, lay people off, and, in the worst-case scenario, close their businesses.
Industries that are recession-proof will normally be able to avoid many of the worst-case scenarios because people still need food, clothing, shelter, and other recession-proof products.
In the sections below, we’ll discuss industries that do well in recession.
The following businesses are sorted based on the number of searches for each type of recession-proof business. Why? Search volume is a good indicator of the demand for information about recession-proof industries.
Consider the following recession-proof business ideas:
Keep reading to learn about the most recession-proof industries.
According to Kinsta, 56% of affiliate marketers increased their earnings during the recession of 2020, making it the best recession-proof business. If that’s not enough, Authority Hacker expects affiliate marketing to be a $27.78 billion recession-proof industry by 2027.
Affiliate marketing is the most commonly searched for recession-proof business. It doesn’t require an inventory, and you make commissions on every sale.
You might need to refer people to recession-proof services like bookkeeping services and rideshare services to keep your income flowing, but there are plenty of great affiliate marketing offerings.
Learn more about affiliate marketing through our interview with affiliate marketing master Matt Diggity.
Grocery stores are another of the most recession-resistant business models. The food industry is never going to end because we have to eat to survive.
According to Forbes, people spend about 14% of their income on food, and the percentage of that spending that goes to fast food and restaurants has declined from 45% to 40%. That means people are grocery shopping more.
Check out our interview with Punardeep Sandhu, a serial entrepreneur who owns a grocery store.
According to Bloomberg Second Measure, delivering food spiked during the pandemic. Given this industry hasn’t been around long enough to survive multiple recessions, it might not be as recession-resistant as the chart suggests.
That said, a business owner could focus on offering the same services for grocery stores to help protect against sudden reduced cash flow.
Find out how Adam Haber started his courier services working with Amazon.
According to the Denver Post, auto mechanics saw a 16% increase in revenue during the 2008 financial crisis, making it a fairly recession-proof business. These support services benefited from the lack of available loans during that time.
Meanwhile, repair shops saw a decrease in business during the pandemic because people drove 13.2% less.
Find out how Lucky Sing started his repair business in 2016 for just $20,000.
During the Great Recession, the home improvement and repairs industry dropped 1% the first year before starting to increase again according to Statista. Meanwhile, home repairs increased by 22% during the pandemic.
Depending on the cause of each recession, the business opportunities may be in repairs or improvement. Offering both types of services makes a business that much more recession-proof.
Check out our list of construction businesses to learn more about starting home repair and improvement businesses.
According to the Congressional Research Survey, there are 49.5 million rental properties in the United States. Furthermore, 44% of them are managed by property managers according to DoorLoop.
People don’t stop renting just because the economy isn’t doing well, and these companies take a percentage of monthly revenue.
Learn more about property management and real estate investment.
A cleaning business can be recession-resistant. Home cleaners may find people cut back on cleanings, but janitorial services are unlikely to stop managing cleaning contracts because nobody wants to go to a business that is filthy.
During the pandemic, many cleaning services added sterilization services to drive new revenue and growth.
Learn how Christobal Mondragon makes over $1.5 million per year in our exclusive cleaning business course.
Almost everyone in the United States needs accounting services. Some people only need once-per-year tax filing assistance, while others need financial advisors for things like:
These services are in high demand during all economic conditions.
The healthcare sector benefits from people getting sick and having emergencies. That means healthcare companies make money no matter what the economy is doing.
Right now is a perfect time for starting a new business in the healthcare industry. According to The Hill, the entire healthcare industry is facing shortages of essential workers. The work is typically high paying and offers job security for those who can handle the grueling hours and stressful environment.
According to Statista, there are 46.6 million American kids under 11 years old. The Census Bureau estimates 17% of their parents rely on paid childcare services. Meanwhile, the Department of Labor reports that people pay between $5,357 and $17,171 per year for childcare.
In-home daycares make great small businesses—you can save money and fulfill the ever-higher demand for childcare.
Pro Tip: Check out our picks for 698 Endearing Daycare Names and How to Start a Day Care (in 9 Simple Steps).
IT support companies are recession-proof companies because people still need help solving their tech-related problems, even in a downturn.
According to Axios, tech companies did poorly at the turn of the century because of the tech bust, but 2008 led to a lot of new technology that opened new business opportunities. Then, in the pandemic, there were grants to help small businesses implement new technology.
Small business ideas in this field tend to have high profits that make it easier for them to be recession-proof businesses. Just make sure to save money so you can weather economic downturns and invest in businesses that thrive in recession.
Recession-resistant industries include pet care. These are good business ideas because pets still need to be fed and go to the bathroom during economic downturns.
These recession-resistant businesses can use affordable luxuries like online shopping, digital marketing, and social media to make modern life easier for their pet-owning customers.
Dollar stores tend to do best when money is tight. According to USA Today, multiple chains are closing down their dollar stores due to financial challenges.
These businesses need to be able to purchase things in bulk and sell them for low costs, which requires implementing successful and sustainable buying and pricing strategies.
While dollar stores can be businesses that are recession-proof, getting into the game might be best in expansionary times.
Starting a business during a recession can actually be really beneficial. A recession often provides people who want to start a business with some competitive advantages, including:
Don’t focus so much on what industries do well in a recession; rather, focus on the industries in which you can differentiate yourself.
Consider this example: Lee Kindell started Moto Pizza when COVID shutdowns closed his hotel. He put $60,000 on a credit card to open the pizza shop—and has since opened multiple locations. Find out how he did it in the interview below.
At this point, you have an understanding of recession-proof businesses that commonly perform well during an economic downturn.
We discussed the industries that perform well during recessions, how businesses are impacted by recessions, what businesses do well in a recession, and why you might want to start a business…even during an economic downturn.
It’s up to you to do the research on each business, but we have interviewed hundreds of business owners to learn what they did and how you can speed up your process to success. Consider taking one of our courses to start a successful business faster.
What recession-proof business will you start?
Brandon Boushy
Growing a podcast means different things to each of us. Are you wanting to learn how to grow a podcast audience, reliable revenue, or another part of your podcasting business?
Below, we’ll share 35 strategies for growing a podcast. We’ll give you tips for navigating every part of the podcasting process. We start with the planning phase then progress through the recording, editing, distribution, and audience-building phases. Finally, we dive into growing and monetizing a podcast.
Once you’re done, you’ll have plenty of ideas for leveling up your podcast.
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Click on any of the links below to learn more, or just read on.
Get ready to learn how to grow your podcast.
You’ll want to understand podcasting best practices to increase your podcast’s listenership. To grow your podcast audience, make sure you:
Ultimately, there are nine stages you go through when you create a new podcast episode or channel:
We’ll look at ways to encourage growth during each of these phases.
This section will focus on defining your podcast and preparing it for growth.
First, you want to decide how to define growth and the success of your growth initiatives. Some common podcast growth initiatives include:
You’ll want to learn as much as you can about your target audience.
You can figure out where to find potential listeners by checking how many people are following competitors on different social media platforms.
You can also use analytics tools to establish ideal listener information, including:
Detail who your potential listeners are and are not. Understanding who won’t be interested lets you exclude specific groups from your ads and targeting. It also helps you focus your messaging.
A podcast needs a great business name. We’ve written plenty on choosing a business name here.
You’ll probably want to add the audio file you create for each episode to all the podcast directories and podcast apps to grow your podcast. You’ll want to hit the big ones, like:
The most extensive list includes 41 other podcast websites and directories, too.
There is software to help you grow your business through every step of the podcasting process. It’s your job as a podcast creator to figure out which options meet your plan the best.
Research podcast recording and distribution software before you record, and check back for our blog on the 12 best podcast platforms (coming soon!) when you’re ready to start distributing.
You’ll want to create a podcast website for your podcast community. You can host your podcast’s RSS feed on it, as well as show notes, a blog, merch or partner stores, and more. Your website can help you increase the number of ways your podcast appears in search results.
For example, the first 28 results when we search “UpFlip podcast” are all related to our site. That makes it much easier for people to learn more about us, and you can benefit from leveraging similar strategies—from having an interactive homepage to maintaining a blog related to your podcast topic.
As one of the top 100 podcasts on entrepreneurship, we are always looking to deliver more value to our listeners. If you love the blogs and our YouTube channel, check out The UpFlip Podcast, too.
Some of the ways to grow a podcast happen while you’re actually recording. There are several key things you can do to provide the best quality recordings.
When unprepared, you are likelier to overuse filler words like “um” and have pauses that will leave your listener wondering what’s going on. You might also find yourself "winging it," which is less than ideal when it comes to establishing authority and subject matter expertise. Create an outline of what you want to discuss before recording a new episode.
Good news: You can also splice audio in editing, so it’s unnecessary to record the whole episode without stopping.
Inviting a podcast guest onto your show is a great way to keep the show exciting and help the host and guest get exposure to new listeners. You can use platforms like PodcastGuests.com to search for guests by subject matter.
Podcast content can be hard to listen to when it’s recorded using low-grade equipment.
You’ll want separate microphones for everyone, a mixing channel for sound effects and music, and another mixer channel if you allow listener interaction while recording. That means you need at least four channels and possibly as many as 12 on your mixer.
You’ll want to separately record your call to action, promotions, and contests. That way, you can easily share it on social media and input it in a couple of places throughout the podcast.
You might also want to record a couple of variations of your intro.
Your podcast audience won’t hear your new episode before editing unless you live stream. That means you have the perfect opportunity to improve the podcast with editing software.
You should consider some of the following options to help grow your podcast during editing.
Target clips you found impactful and save them as separate files. You can use these as teasers on social media or combine this idea with the next one to help grow your podcast with reels and shorts.
A YouTube channel is a great way to find podcast listeners. While YouTube offers podcast services, a YouTube video will get more views. You can create shorts (under 30 seconds) or long-form video that goes with your podcasts.
Once you have enough followers, you’ll get a share of ad revenue and other monetization features. Learn more about YouTube channels here.
Many podcasts include space for advertisers. You can find your own or work with one of the best podcast advertising networks. Either way, you’ll want to pinpoint where you’ll include ads during the editing process so they fit in naturally.
It’s hard to grow your podcast audience if you have distractions in your podcast. Remove long periods of silence, filler words like “um,” and anything else that doesn’t keep the audience engaged.
If you’ve ever listened to a podcast or TV show where the sound levels jump all over the place, you know it’s super annoying. You should aim to keep the audio at -16 Loudness Units Relative To Full Scale (LUFS) for Apple Podcasts and -14 LUFS for Spotify Podcasts.
Go with these standards and your volume shouldn’t be disturbingly high or low compared to other podcasters.
This section is all about how to get your podcast out there. There are a variety of strategies you can use to grow your podcast while you distribute it.
People love sneak peeks! As a podcast maker, you should use a podcast trailer to grow podcast downloads and listens. Podcastle has a blog about podcasting best practices for trailers.
Every new episode should be released on as many distribution channels as possible. Depending on your podcast hosting platform and subscription plan, you may have to do this manually or you may opt for automatic distribution.
You absolutely need to be on the following podcast platforms because they make up 76% of U.S. audiences:
You should have dedicated social media accounts to grow podcast brand awareness. You’ll want to share every episode to your social media channels. In your social media posts, consider using popular growth hashtags to achieve your growth goals.
Pro Tip: If you haven’t used it already, try a tool like best-hashtags.com.
Just because most listeners are on the top four platforms doesn’t mean you shouldn't publish future episodes to other publication sites. It might actually be easier to entice listeners on less-used distribution channels.
For instance, did you know you can add your podcast information for distribution through voice assistants like Alexa?
Facebook groups are one of the ways other podcasters interact with their loyal listeners. Many small business owners spend 15 to 30 minutes each day in their Facebook groups interacting with their members.
Running a giveaway is a phenomenal way to promote podcast episodes and grow your business. People love free stuff, and you can use giveaway hashtags like:
Giveaways are a great way to collect email addresses that can be used in email marketing campaigns.
Pro Tip: Want to learn more about how to get more podcast listeners with giveaways? Check out this blog post.
Written content like podcast transcripts and show notes will help your podcast website rank higher for SEO. With AI transcription services, it’s easier than ever to create written content and answer podcast-related questions across your entire site.
When you invite guests on your show from other podcasts, both of you will benefit from someone else’s audience. To maximize this free marketing strategy, both people should share the podcast and tag the other person on social media.
This cross-promotion can work with brands and paid ads, too.
Email marketing is one of the best ways to promote podcasts. You’ll need a marketing workflow that looks similar to this:
If you’re wondering how to get podcast listeners to listen more routinely, you can’t go wrong with email marketing.
Industry conferences are a great way to network with other podcasts and industry professionals. You might get leads for new episode titles or meet a relevant Facebook and Instagram guest to tag during a meet and greet.
A creative episode cover will attract attention on YouTube channels, an RSS feed, and when people are scrolling through podcasts to find one that interests them.
If you aren’t confident in your own design skills, consider working with a freelance designer who can create great podcast episode covers for you.
You have to learn how to advertise a podcast if you want to grow the number of podcast listeners fast. We’ll discuss how to promote your podcast in the following sections.
For those wondering how to increase podcast listeners quickly, consider using social media ads to get people to listen to your podcast.
A podcast app often allows other podcasts to purchase advertising. Podcast Addict, Castbox, and Spotify Advertising are just some of the ways you can advertise your podcast.
Keep reading for more information about how to grow your podcast.
Don’t forget about analytics when considering how to grow a podcast following. Almost every website you’ll use to market your podcast will provide some type of analytics software to use. Some commonly used analytics include:
The data you collect can show you how to grow a podcast audience by developing better customer profiles. You can use these profiles across social media and other channels to target the listeners most likely to enjoy your podcast trailer and other assets.
If you’ve implemented everything we’ve covered up to this point, you have a good idea of how to start and grow a podcast. There’s still more about how to promote podcast episodes you should try, though.
Consider the following.
Even if you don’t run your own Facebook group, you can still promote your podcast in other groups. Just search for groups that have similar subjects to your podcast. Make sure the rules allow sharing the podcast, and share every time you release a new episode.
Do you create three Facebook posts per day? How about posting 10 to 25 times on Twitter or Pinterest?
You can grow your business more by following social media best practices. Learn more about ideal posting times and frequencies for each channel.
Different people like different content formats. Some prefer listening to podcasts while others prefer reading blogs. Most people like either long-form or short-form video. Turn clips into short animated videos, or add presentations to podcast audio to make long-form video.
Growing a podcast or any entertainment business requires careful consideration about how to monetize your offering. You’ll want to consider (and potential partners will want to know):
Some monetization options you might consider include:
Check out more ways to grow through monetizing below.
Regardless of which strategies you use, there will be a learning curve before you approach the top podcasts by listeners. As you learn more, adjust to what your podcast audience wants while maintaining the integrity of the podcast and your vision for your content.
For those who wonder how long it takes to grow a podcast, here’s some perspective: UpFlip released its first podcast on November 6, 2021. In the entrepreneurship category on Apple Podcasts, we currently rank:
Despite our high rankings, our podcast listeners hear minimal ads and limited product placements when listening to a podcast episode (I listen to them to share info in the blogs).
What strategies have worked best for you as you learn how to grow a podcast?
Most potential business owners actually start their businesses later in life, but for some, the entrepreneurial spirit strikes early. For those young adults who want to earn extra money and be their own boss, we’ve got you covered! We’ll help you find the best business ideas for teens.
We’ve talked to a lot of small business owners who pursued their ideas as teens, and many of them made millions before they ever reached 30! If you want to start your own business, you’ll love hearing about some of the local businesses they’ve started.
[su_note note_color="#dbeafc"]By the end of this article, you’ll have the simple business idea you need to become a successful young entrepreneur—and know the financial investment you’ll have to make to get going. Read about all of our small business ideas for teens, or click any of the links to jump ahead:
Without further ado, here’s the list!
Some of the best teen business ideas we’ve seen are:
Many of these are local businesses that young entrepreneurs can start in their neighborhood to make some extra money, and they can become a lucrative business as they get older and learn more about how to run a business.
Find out how young entrepreneurs started each of the successful businesses below.
• Average Annual Revenue: $64K
• Average Profit Margins: 8.8%
• Startup Costs: $200-$5K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 0.9%
• Best For: Those who like to work outdoors, those who enjoy working with their hands and using machines and tools
Three of the youngest business owners we have talked to started pressure washing companies. Stephen Rogers talked to us about how he started NW Softwash at 19 years old with just $1,500, and now he’s making $120K per month. Hear from him below.
Check out other interviews with Chase Lille, an 18-year-old who has been pressure washing for over a year, and Alan from Go Detail, who learned to run a business from YouTube.
• Average Annual Revenue: $272K+
• Average Profit Margins: 8.7%
• Startup Costs: $2K-$10K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 8.1%
• Best For: Designers, gardeners, and people who like physical work and working outside
A landscaping or lawn care business designs, builds, and maintains gardens and landscapes. Landscapers usually require a lot of time, patience, and creativity to achieve the perfect garden for their clients. Most companies that do landscaping also do lawn care.
Find out how Mike Andes started his lawn care business as a teenager.
• Average Annual Revenue: $74K+
• Average Profit Margins: 6.7%
• Startup Costs: $1K-$30K
• Time to Revenue: 1-6 months
• Annual Market Growth Rate: 1.2%
• Best For: Self-motivated, independent, and detail-oriented entrepreneurs
One of the easiest ways to make money is cleaning people’s houses. Almost anybody with a job and kids needs help keeping their home clean. Young people can start a small business by using the cleaning products at their parents’ homes and offering their services on social media.
If you are 18 or older, you can also use sites like Bark or Housekeeper.com to find clients.
Check out our interview with Austin from Spruse Clean to learn how he makes $62K a month.
• Average Annual Revenue: $50K
• Average Profit Margins: 7.3%
• Startup Costs: $1K-$10K
• Time to Revenue: 1-6 months
• Annual Market Growth Rate: 0.3%
• Best For: Visual artists and photographers, outgoing and social entrepreneurs
Photography is another field that offers business opportunities for teens. As a photographer, you’ll be taking pictures of people or products. The two types of photography that tend to have the highest booking fees are product photography and wedding photography.
To learn strategies that can turn a photography company into a multi-million-dollar revenue generator, check out our interview with Korbin and Whitney Korzan below:
• Average Annual Revenue: $449K+
• Average Profit Margins: 5.5%
• Startup Costs: $1K-$100K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 0.9%
• Best For: Logistics experts, travelers and drivers, and vehicle repair and maintenance pros
Companies across the country are struggling with supply chain issues. One of the challenges is the lack of truck drivers and the fact that most of them don’t actually put in all the driving hours they are allowed.
Out-hustle the old guard and put in the full 12 hours a day to make a great living, like Mikael Sant. Hear how he does it below.
To hear even more tips from Mikael, check out our podcast.
• Average Annual Revenue: $696K+
• Average Profit Margins: 3.4%
• Startup Costs: $1K-$100K
• Time to Revenue: 1-6 months
• Annual Market Growth Rate: -1.3%
• Best For: Contractors, builders, and makers, people with strong math skills who like physical work
Like working with your hands? Avanni Petras started Petras Homes and is making over $125,000 after working for a concrete company for six years in his teens. Find out how below.
Pro Tip: You can also read our blog on How to Start an $80M/Year Construction Company.
• Average Annual Revenue: $73K+
• Average Profit Margins: 16.1%
• Startup Costs: $500-$5K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 1.0%
• Best For: Car enthusiasts, detail-oriented entrepreneurs, and those who enjoy working with their hands
There are many ways to make money as a teenager, and one of those ways is by starting a car washing business.
The idea of starting up a carwash is not only an easy way to make money, but it is also an interesting and enjoyable pastime.
It can be done either with or without machines. With low startup costs, you can start small and then grow the business to include mobile car washes and maybe even become a car wash chain.
Check out these entrepreneur ideas for teens if you want to make extra money with an online business:
• Average Annual Revenue: $4M+
• Average Profit Margins: 27.1%
• Startup Costs: $500-$5K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 6.4%
• Best For: Influencers and thought leaders; people with valuable expertise and online marketing/social media skills
Podcasts are an interesting online business where you can discuss things that interest you and broadcast it to the masses. At the very least, you’ll need recording software (I prefer OBS) and microphones.
Podcasts generate revenue through a variety of methods. To learn more, read this blog on some of the ways to monetize your podcast.
• Average Annual Revenue: $18K+
• Average Profit Margins: 13.10%
• Startup Costs: $100-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 8.5%
• Best For: Educators and compassionate, empathetic, people who can explain complex concepts in simple terms
Tutors can make great money helping students who are struggling. Most tutors will charge $25 per hour, but some may be able to get rates up to $80 per hour.
You can find clients at your school, or offer services on sites like Tutors.com once you turn 18. What better way to start a business than to help others succeed?
• Average Annual Revenue: $46K
• Average Profit Margins: 14.6%
• Startup Costs: $100-$200
• Time to Revenue: 1 month to 3 Years
• Annual Market Growth Rate: -1.50%
• Best For: Teens with writing, graphic design, and other content creation skills, strong marketers
Anyone can blog. You just have to find something you enjoy writing about. This is one of the best business ideas for teens because you can start blogging on sites like Medium for free.
How do you make money blogging, though?
There are a few ways:
• Average Annual Revenue: $239K+
• Average Profit Margins: 5.3%
• Startup Costs: $100-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 1.4%
• Best For: Programmers with knowledge of HTML, CSS, and JavaScript, visual artists and designers, detail-oriented entrepreneurs with strong time and project management skills
Using web and graphic design software can be a fun way for teens to make money. Develop the skills for one of the fastest-growing careers in the U.S.
The Bureau of Labor Statistics expects the need for web design to grow by 13% by 2031, and average wages are over $77K. Wages are typically less than one third of a business’s revenue, so that means a business could make over $225K per designer.
As a web designer, you might create the next cool website or app. Could you imagine if everyone in the world was using a website you created? You’d make millions of people happy with your small business idea.
• Average Annual Revenue: $1.4K
• Average Profit Margins: 6.4%
• Startup Costs: $100K-$3.5M
• Time to Revenue: 6-18 months
• Annual Market Growth Rate: 2.2%
• Best For: Entrepreneurs with management or business expertise, people with strong analysis, problem-solving, and communication skills
Tech consulting can be an easy business for teens to start. Tech-savvy consultants can earn money through affiliate marketing and by advising people on the best way to achieve their desired results.
My brother started getting Apple certifications in his teens, and by the time he reached his 30s, he was one of the most highly certified Apple network admins around and had helped companies like Electronic Arts and Intel integrate Macs with Microsoft computers.
Check out this list of the top 100 software companies and find one you are interested in. Businesses are definitely looking for help with implementing software more efficiently and effectively.
• Average Annual Revenue: $123K+
• Average Profit Margins: 13.5%
• Startup Costs: $500-$5K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 2%
• Best For: Visual artists, entrepreneurs with creative skills
Graphic design is another easy business to start as a teenager. Graphic design is focused on creating artwork and product information for businesses, including:
To find out more about different types of graphic design businesses, check out the blog post 8 Types of Graphic Design You Need to Know.
The following small business ideas for teenage girls can also be done by guys, too, but many homeowners prefer letting girls help in their homes. Find business ideas below:
• Average Annual Revenue: $143K+
• Average Profit Margins: 0.9%
• Startup Costs: $0-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 51.7%
• Best For: Those who enjoy childcare and like children
Every family with kids will need a babysitter occasionally. Start a business babysitting and make money watching the kids.
Ask your parents to tell their friends, print up some business cards and leave them at places you frequent, and check on social media for people looking for help. Finding clients shouldn’t be too hard. Almost everyone I know has babysat at some point in their life.
You could even go a step further and start full-time child care services, like Kristy Bickmeyer, who started Twinkle Toes Nanny Agency. Learn more about Kristy here.
• Average Annual Revenue: $34K+
• Average Profit Margins: 16%
• Startup Costs: $500-$5K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 1.7%
• Best For: Pet owners, animal lovers, and those who like working outdoors
In the pet sitting industry, people are required to care for animals in someone else’s home or property. Pet sitters should have experience with animals and a passion for caring for them. They should also be responsible and trustworthy.
In order to get started, you should start by signing up to be a pet sitter on websites such as Wag or Rover.
These websites will then help connect you with people looking for a pet sitter in your area.
It’s not just a matter of hanging out with cats and dogs while their owners themselves are away. Pet sitting requires proper knowledge about animal behavior, nutrition, exercise, and basic first aid skills.
This is not an easy job, but it can provide numerous business opportunities for teens who want to make some cash while enjoying the company of furry friends.
Check out our blog about a pet sitter to learn more.
• Average Annual Revenue: $50K
• Average Profit Margins: 7.3%
• Startup Costs: $1K-$10K
• Time to Revenue: 1-6 months
• Annual Market Growth Rate: 0.3%
• Best For: Visual artists and photographers who love animals or own pets themselves
If you love animals and photography or just have a lot of time to spare, then you could consider starting your own pet photography business.
There are plenty of online courses that can help you learn the skills needed to start this type of business. You can also use your creativity to come up with different ways to make money with your photography skills.
• Average Annual Revenue: $72K+
• Average Profit Margins: 11.5%
• Startup Costs: $1K-$100K
• Time to Revenue: 6-18 months
• Annual Market Growth Rate: 1.1%
• Best For: Pet lovers and experts, salon and grooming professionals, empathetic and detail-oriented entrepreneurs with strong customer service skills
Starting a pet grooming business can be a great way to make money for teenagers or young adults.
The best way to start this business is by getting certification through the National Dog Groomers Association of America and asking prospective clients about their desired groom style.
It’s also worth considering what type of services the potential clients will need—whether that’s basic bathing and clipping or something more elaborate, like shampooing, hair trimming, nail clipping, or ear cleaning.
• Average Annual Revenue: $34K+
• Average Profit Margins: 16%
• Startup Costs: $500-$5K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 1.7%
• Best For: Pet owners, animal lovers, and those who like working outdoors
A dog walking business requires picking up after the dog and getting an animal from place to place. That means dog walkers may need a vehicle or access to public transportation.
To become a successful dog walker, one should be patient, dependable, and comfortable working with other people’s dogs. They should also be able to work flexible hours.
If you want some business ideas for creatives, consider these ideas:
• Average Annual Revenue: $168K+
• Average Profit Margins: 10.6%
• Startup Costs: $1K-$100K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 1.2%
• Best For: Those who like to organize, clean, and declutter, those who like to socialize and help people
Offering an attractive and memorable holiday decorating business can be a great way to earn some extra cash during the holidays.
The major holidays that people or businesses tend to have decorative festivities for in the U.S. are:
Check out our interview with Martin Skarra, who runs a window cleaning business and hangs Christmas lights during the winter.
This is a unique option on the list of business ideas for teens because it is creative and lets them focus on their studies and other activities while they are still in school.
• Average Annual Revenue: $25K+
• Average Profit Margins: 9%
• Startup Costs: $100-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 1.9%
• Best For: Grammar and writing experts, people with a sharp eye for detail
Another good business for teens is offering proofreading services. There are plenty of students who need help with their grammar and punctuation.
One upside is that your clients will be convenient to you. You’ll find them among the student body of your high school or college.
Students might not have the most money, but your social network will grow as students become professionals and need other quality control jobs performed.
• Average Annual Revenue: $712K
• Average Profit Margins: 14.6%
• Startup Costs: $100-$200
• Time to Revenue: 1 month to 3 Years
• Annual Market Growth Rate: -1.5%
• Best For: Creative entrepreneurs with strong communication skills
Another passion that creative teens can turn into a small business is greeting card writing.
Teens can sell their own greeting cards through sites like Shopify using the print-on-demand company Card Isle. Alternatively, they can try freelancing for Hallmark.
• Average Annual Revenue: $50K
• Average Profit Margins: 7.3%
• Startup Costs: $1K-$10K
• Time to Revenue: 1-6 months
• Annual Market Growth Rate: 0.3%
• Best For: Visual artists and photographers, outgoing and social entrepreneurs
Photography is a growing industry, and both seasoned and young photographers can offer event photography services. The main responsibility of the event photographer is to capture the essence of the event they’re commissioned to photograph.
The demand for event photography has increased over the last few years because of its many use cases. Check out our interview with a wedding photographer who makes $2 million per year.
• Average Annual Revenue: $18K+
• Average Profit Margins: 13.10%
• Startup Costs: $100-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 8.5%
• Best For: Educators and tutors with creative skill and imagination
Another fun, creative career is providing art lessons. If you want to provide art lessons and earn some good money, you should know the following:
As your business grows, you can start doing more lessons and offer group sessions.
Once you reach the age to legally serve alcohol, you can even do wine and arts nightlife events. Every event like this I’ve ever been to has been a blast. It’s definitely a fun business to be in.
• Average Annual Revenue: $18K+
• Average Profit Margins: 13.10%
• Startup Costs: $100-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 8.5%
• Best For: People with a keen ear for sound and music
What better way to start a new business than with something you enjoy?
A music teacher can provide music lessons to both children and adults. Most of these music lessons are done in person, but they can also be done via video chat.
If you want to start it as an online business, many talented musicians provide Masterclasses or create YouTube tutorials.
Check out our interview with Jacques Hopkins to learn how he earns $480K a year teaching piano lessons with his course:
• Average Annual Revenue: $114K+
• Average Profit Margins: 10.3%
• Startup Costs: $500-$250K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 2.0%
• Best For: Fashionistas, designers, and artists with strong sales and marketing skills
If you like arts and crafts, many small business owners find success making their own jewelry.
This consists of buying raw materials and turning them into a piece of jewelry. Then you can sell them in online stores or at craft fairs. The business events platform 10times has a list of almost 25,000 events in the U.S. where you can sell your goods.
These businesses aren’t especially difficult but will teach you skills that are valuable to almost every business. Consider:
• Average Annual Revenue: $131K
• Average Profit Margins: 3.6%
• Startup Costs: $100-$9.5K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 6.7%
• Best For: Drivers, those who like to socialize
An errand running service enables teens to work as a personal shopper and a courier at the same time. This is a great business to combine with driving Uber or Lyft.
The job is simple: You’ll go to a grocery store and buy all the items that correspond with the list of items a customer has sent. Then you’ll deliver the goods.
The customers can pay for these services through PayPal, Venmo, or your own payment processor.
• Average Annual Revenue: $131K
• Average Profit Margins: 3.6%
• Startup Costs: $100-$9.5K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 6.7%
• Best For: Drivers, those who like to socialize
The food delivery industry is a booming market, with companies like Uber Eats and Grubhub making it easier for people to get their favorite food delivered to their doorstep.
Food delivery services are perfect for teens who want to make some money on the side. As a teen, you can start your own courier service where you pick up orders from restaurants and deliver them locally.
Learn more about starting a delivery service below:
• Average Annual Revenue: $168K+
• Average Profit Margins: 10.6%
• Startup Costs: $1K-$100K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 1.2%
• Best For: Those who like to organize, clean, and declutter, and those who like to socialize and help people
A packing business is the perfect business idea for teens looking to get started in the world of entrepreneurship. They can start this enterprise on a small scale and eventually expand it into a larger-scale company.
Some of the benefits teens get from starting this kind of business include:
• Average Annual Revenue: $52M+
• Average Profit Margins: $52M+
• Startup Costs: $500-$3.5M
• Time to Revenue: 6-18 months
• Annual Market Growth Rate: 1.9%
• Best For: Materials and construction experts, businesspeople who like physical work
Recycling is one of the most important things that we can do for our planet. It’s also one of the easiest things to get into.
There are plenty of ways to make money with recycling, but it may be best to start with a simple idea like running a recycling dropoff business.
What you’ll need:
Two areas that are often overlooked when recycling are electronics boards and construction materials. Both can make hefty returns if you start a business in an area that doesn’t offer disposal of these things.
Think you might enjoy marketing? Consider a business idea from this list:
• Average Annual Revenue: $60K-$160K
• Average Profit Margins: 8%
• Startup Costs: $500-$2K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 10.5%
• Best For: Bloggers, influencers, and digital marketing and social media experts
The internet is a vast space, and there are business ideas for teens in most niches. Starting a business in sports promotion is a great idea for a teenager who loves sports and has the time to dedicate to it. You’ll be marketing sports or athletes.
This article can teach you more about the field.
The most important thing about starting a business in sports promotion is being aware of the different obstacles that come with this type of business.
For example, you have to know how to promote yourself on social networking sites, have connections with people in the sports industry, and be assertive when interacting with consumers.
• Average Annual Revenue: $817K
• Average Profit Margins: 6.9%
• Startup Costs: $100-$10K
• Time to Revenue: 1-6 months
• Annual Market Growth Rate: 1.3%
• Best For: Social media experts, writers and content creators, people with search engine optimization (SEO) expertise
Social media is a powerful marketing channel that every business should take advantage of. It’s the easiest way to get in contact with your target audience, build your brand, increase sales, and attract new customers.
A social media business posts content regularly to help engage with followers. It doesn’t have to be big content, either! Open questions, polls, and Q&As are great ways to engage consumers.
Helping out a business with their social media management is a natural fit for teens who are already familiar with the ins and outs of social media platforms. Your customer list could include any small or large business that simply doesn’t have the time or bandwidth to manage its own accounts.
• Average Annual Revenue: $817K
• Average Profit Margins: 6.9%
• Startup Costs: $100-$10K
• Time to Revenue: 1-6 months
• Annual Market Growth Rate: 1.3%
• Best For: Social media experts, writers and content creators, and people with SEO expertise
When it comes to marketing, social media influencers are the new celebrities. They can reach millions of people with just one TikTok or tweet. Once you become one, businesses will hire you to promote their selling digital products online.
Influencers on social media are not just people who have a ton of followers. They are usually people who have something valuable to offer on their channels, whether it be their creativity or their expertise in a topic.
Start sharing more about the things you love, post regularly, and build your following.
Consider some of these businesses.
• Average Annual Revenue: $1.52M
• Average Profit Margins: 5.4%
• Startup Costs: $100-$3M
• Time to Revenue: 1-6 months
• Annual Market Growth Rate: 1.1%
• Best For: Food lovers and creative entrepreneurs with strong customer service skills
One of the most fun businesses for teens to get into is cake making—or any other food-related business.
If you enjoy cooking, baking, and decorating cakes, then it might be a good idea for you to start your own cake-making business in your free time.
You can sell them to your friends and family members, or in some cases, you can even open up a shop in the local area.
Another option is to create an online bakery where people can order cakes through the website and have them delivered on-demand with additional customization options depending on what they order (flavor, toppings, etc.).
Check out this video about how this bakery owner started his bakery.
• Average Annual Revenue: $712K
• Average Profit Margins: 14.6%
• Startup Costs: $100-$200
• Time to Revenue: 1 month to 3 Years
• Annual Market Growth Rate: -1.5%
• Best For: Creative entrepreneurs with strong communication skills
Starting your own magazine can be a difficult endeavor. But with the right knowledge, you can help ensure the success of your project.
The first thing to know about publishing a teen-oriented magazine is that it has to be relevant and tailored toward teens in order to make it interesting for them. Good thing you are one.
Don’t make the mistake of having old people tell you what to write about, ‘cause we have no clue! There are plenty of great examples out there of successful teen magazines that have been created by teens themselves.
• Average Annual Revenue: $114K+
• Average Profit Margins: 10.3%
• Startup Costs: $500-$250K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 2.0%
• Best For: Fashionistas, designers, and artists with strong sales and marketing skills
One of the more common entrepreneurship ideas for teenagers is selling at local craft fairs. That makes sense, since good business ideas for teens are low-cost and can be done mostly from home.
A craft fair vendor is a great opportunity because you can sell your arts and crafts projects or simply purchase goods for reselling.
• Average Annual Revenue: $64K
• Average Profit Margins: 8.8%
• Startup Costs: $200-$5K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 0.9%
• Best For: Those who like to work outdoors, those who enjoy working with their hands, machines, tools
If you’re wondering how to start a business as a teenager with no money, consider a window-washing business.
The world loves to be able to see through their windows, and a teen can start this business with a roll of paper towels and the window cleaner they can find for free in their cleaning closet.
When you run out of paper towels and free window cleaner, you can easily buy more after the first job.
If you really want to get creative, use a squeegee and develop your own cleaning products that you can sell to your clients.
As a teen, this is great because it combines low costs with lots of opportunities to increase your skill set.
Check out our interview with Martin Skarra, who bought a window cleaning business:
• Average Annual Revenue: $68K+
• Average Profit Margins: 6.8%
• Startup Costs: $1K-$100K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 0.5%
• Best For: Salespeople, those with marketing skills, and those who like to travel and socialize
There are a ton of ways to sell art.
Here are some tips for success while selling art:
• Average Annual Revenue: $1.4M+
• Average Profit Margins: 5.7%
• Startup Costs: $500-$250K
• Time to Revenue: 3+ months
• Annual Market Growth Rate: 1.2%
• Best For: Makeup artists, beauty influencers, cosmetic chemists, and hair and skin care experts
Everybody has to clean themselves. Creating different fragrances of soap can be a fun way to make money. In fact, the U.S. spends nearly $43 billion per year on soap. Get a piece of your local market, then go national.
Didn’t get enough ideas above for businesses you can run online? Consider some of these:
• Average Annual Revenue: $60K-$120K
• Average Profit Margins: 5-15%
• Startup Costs: $100-$10K
• Time to Revenue: 30-90 days
• Annual Market Growth Rate: -9.3%
• Best For: Thrifters, collectors, hobbyists, and craftsmen
Starting an online reseller business is a good idea for teens who want to earn some money and explore their entrepreneurial spirit.
It can be as simple as buying clothes, collectibles, or any other item from local stores and reselling them on your own website or on eBay.
Check out our interview with Mike Wilson, who makes $1K to $30K+ per month selling on eBay:
• Average Annual Revenue: $35K-$50K
• Average Profit Margins: 10.5%
• Startup Costs: $100-$200
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 1.9%
• Best For: Detail-oriented people and those with administrative, clerical, or similar experience
Companies need a ton of data entry. You could start a small business helping other small business owners enter their data.
This is a job that can be done from home with remote access, or you can go to local companies and do the work on site.
As long as you can type, data entry should definitely be on the list of teenage business ideas.
• Average Annual Revenue: $35K-$50K
• Average Profit Margins: 10.5%
• Startup Costs: $100-$200
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 1.9%
• Best For: Outgoing and social entrepreneurs, those with strong scheduling, time management, problem solving, and technical skills
If you have a knack for technology, have a positive attitude, and are great with people, then you should consider starting a tech support business.
You might not realize that there’s a huge demand for tech support. In fact, the Bureau of Labor Statistics found that there were currently 110,000 jobs in this field.
• Average Annual Revenue: $25K
• Average Profit Margins: 20.50%
• Startup Cost: $500-$5K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 4.4%
• Best For: Fast typers who are excellent listeners and have strong time management skills
Transcribing is documenting what is said during a meeting. Plenty of businesses need this service, and NYtimes Wirecutter found that humans are still better than AI at transcribing.
You can combine both human and AI tools in your business to help you serve multiple clients at once.
Transcription may be a slowing field due to technological advances, but if you know how to leverage the technology, it can be a great business for teenagers.
• Average Annual Revenue: $60K-$120K
• Average Profit Margins: 5-15%
• Startup Costs: $100-$10K
• Time to Revenue: 30-90 days
• Annual Market Growth Rate: -9.3%
• Best For: Shoppers, collectors, and thrifters
Finding products that are being sold for less than market value, buying them, and making a profit is a great way to make some extra money. You’d be surprised how easy it is.
We interviewed a former delivery driver who makes $35K doing this and selling on eBay.
Maybe you like helping people accomplish tasks they need to complete. Then these businesses might be right for you.
• Average Annual Revenue: $311K+
• Average Profit Margins: 22.1%
• Startup Costs: $100K-$3.5M
• Time to Revenue: 6-18 months
• Annual Market Growth Rate: -0.1%
• Best For: Customer service pros with high attention to detail
Running a laundry service is a great way to make money, and it can be very profitable. A ton of people are too busy to do their laundry and would be happy to have someone come to their home and do it for them.
As your business grows, you can get a location where customers can just drop off the clothes on the way to work and pick them up on the way home.
You’ll need more than one washer and dryer to have a location with drop-offs to serve the client, though. You will most likely have to buy or rent them from a company that provides laundry equipment for entrepreneurs.
You will also need to get the supplies, such as detergent, fabric softener, bleach, and other things needed for washing clothes. After you have purchased the necessary supplies, start marketing to more people in the area.
Check out our interview with Ferndale Laundry to find out how lucrative a laundromat can be.
• Average Annual Revenue: $234K+
• Average Profit Margins: 5.8%
• Startup Costs: $100-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 1.1%
• Best For: Teachers and people with in-demand or niche skills and knowledge
College is becoming more expensive every year, so it is no surprise that many teenagers are looking for entrepreneurial opportunities to make extra cash. And some of the most popular businesses for teens are college prep courses.
These types of courses help high school students prepare for college, whether they want to attend a four-year university or go into trade school.
College prep courses can be a profitable business, but they also require a lot of time and effort on the part of the teen business owner.
• Average Annual Revenue: $272K+
• Average Profit Margins: 8.7%
• Startup Costs: $2K-$10K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 8.1%
• Best For: Designers, gardeners, and people who like physical work and working outside
A leaf removal service is a small business that offers to remove leaves from a client’s property during fall or year round.
For example, if you live in a city and have a lot of trees around your house that shed leaves all year round, you can see success in cleaning up the leaves every week or two.
• Average Annual Revenue: $18K+
• Average Profit Margins: 13.10%
• Startup Costs: $100-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 8.5%
• Best For: Educators and people who are compassionate, empathetic, and can explain complex concepts in simple terms
Technology is the future, and yet it can be overwhelming for the elderly.
One way to make technology more accessible to the elderly is to provide tech tutorials for people who are not familiar with technology.
• Average Annual Revenue: $18K+
• Average Profit Margins: 13.10%
• Startup Costs: $100-$1K
• Time to Revenue: 1-3 months
• Annual Market Growth Rate: 8.5%
• Best For: Makeup enthusiasts, artists interested in beauty
Another great business idea is starting a makeup artist business. Anyone can start their own business doing makeup, but some states may have licensing requirements that require an apprenticeship or school.
You can book clients online, teach them how to apply their own makeup, apply people’s makeup in person, and also be an online fashion reseller for your favorite products. You can be a valuable resource to people wanting to beautify themselves.
If you want to work with food but don’t want to work as a server or in fast food, consider running an…
• Average Annual Revenue: $279K+
• Average Profit Margins: 3.7%
• Startup Costs: $100K-$3.5M
• Time to Revenue: 6-18 months
• Annual Market Growth Rate: 0.7%
• Best For: Friendly, creative, fun-loving, and detail-oriented entrepreneurs focused on customer service
An ice cream cart is another great small business idea for teens.
If you live near a park, just get an ice cream cart and some of your favorite treats that you can get at low cost from the grocery store, then sell them individually for 3x as much as you paid.
Make sure you have a little radio with the ice cream man music playing, and your job’s done.
All the kids will rush your ice cream, and you’ll be ready for your next journey to the grocery store. If you want to hire your friends to work jobs at other parks, the growth can compound quickly!
Many business ideas follow the same basic seven-step process. When you want to start a teenage business idea, follow these steps:
If you are a teen under 18, you may need your parents to help you start the business legally.
If so, make sure that you trust the adult who signs the contracts to be honest and fair. Greedy parents have ruined lives. Don’t let people steal the gains you make as a teen entrepreneur.
Use your resources. Adults love seeing teens develop their skill sets and are happy to give input on their areas of expertise.
The whole world is going to social media marketing. No matter what business you are in, start developing your status as a social media influencer. It will make the process easier in any industry.
Always encourage people to help you get more business through word of mouth.
Check out some of our most-viewed videos and blogs to understand different aspects of starting a business:
If you have started a business as a teen, we’d love to hear from you about how you started your business.
If you decide to start one after reading our blog or watching our videos, we definitely want to keep track of how you’re doing. Let us know so we can follow your journey.
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