Thursday, April 7, 2011

Looking For Extra Cash?

Are you looking to make some extra cash this summer? Below are six great entrepreneurial enterprises for teens to choose from that can help bring in the "dough-re-mi” during the dog days of summer.

With any of these endeavors, be sure to keep in mind:

  • Safety first.
  • Make sure anything you want to do is legal.
  • Do your homework – learn about the “business.”
  • Get the word out – Flyers are a great way to advertise, but be sure to put them in door handles and not in mailboxes; it’s against United States Postal Service regulations.
  • Think in terms of serving your customer, giving “100%,” and doing it with a smile and pleasant demeanor.
Affixing Mailbox and House Numbers

This is a win-win business venture for both teen and community. A home without a visible number posted on either the house or mailbox can delay deliveries and visitors, cause automobile accidents or even worse – delay emergency responders when every second literally counts. Someone’s survival may depend on it.

Distribute flyers describing the merits of this service to homes that are missing their identifying numbers or those with numbers not clearly visible. Numbers can be purchased at your local hardware store and are relatively inexpensive – ranging from about $1 to $6 per number – depending upon size and make (i.e., vinyl, brass, satin nickel). A hammer and screw gun would help to secure metal number plates. Charge for the materials and set a reasonable fee for your labor.

Vacation Home/Pet Care Service

Summertime is vacation time for many families. This is a terrific opportunity to put them at ease about their home and pets while they’re away, and for you to earn some cash.

Advertise in your neighborhood. Services provided can include:
  • Pet care/sitting
  • Watering plants
  • Taking in mail and newspapers
  • Cutting the grass
  • Taking out the trash or recyclables
  • Checking outside perimeter, doors, rooms and windows
Prepare a fee schedule with charges listed for each service. First establish a reasonable hourly wage for yourself; i.e., $6 to$8, calculate how long each service would take, and then charge accordingly.

Car Wash Service

Why would anyone drive to a car wash when they could have someone come to them and do a great job for less money? That someone could be you. Be sure also to promote the fact that machine washes may be harsher than the manual cleaning you’ll be doing with mild detergent.

Check out some local car washes for prices and services provided. Charge a little less and you should be in business. When you do an exemplary job, repeat customers can keep you busy all summer.

Materials you may need include portable vacuum, bucket, sponges, chamois towels, mild detergent, and paper towels or clean soft towels.

Tailor-Made Enterprises

“You have to love what you’re doing, because then it won’t seem like work to you and you will bring the necessary energy to profit from it.”
--Billionaire real estate developer Donald Trump

Just about everyone has their own special skills and talents; something they love to do. Convert and customize that gift into a business. If you excel at and love Math, consider tutoring children in your community. If you adore kids and art, start a face-painting business. With a little imagination, research and fortitude, success will surely follow.

Whatever business endeavor is pursued this summer, keep in mind “studies show that people who dabble in business as teens are more successful as adults."

With some hard work and a battle plan, you can get your business up and running! Do you have some business that made you some extra cash last summer and want to share your secret? SHout out on here and join in on the conversation!

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