How Can You Launch a Successful Business Before Graduating High School?

Starting a business before you graduate high school comes with some challenges. It takes effort and planning, but it’s completely possible. These steps will help you build a solid plan, set yourself up for success, and begin your journey as a young entrepreneur.

Find Your Idea

Want to launch a business but not sure what to do? No worries! First, explore what’s popular on social media or what people in your community need. For example, maybe your friends constantly talk about how hard it is to find affordable snacks near school or someone to take great photos for events. Take this chance to jump in and offer a solution.

Next, think about your skills and hobbies. Are you great at explaining tricky topics? You could start tutoring. Love making art? Try selling custom stickers or digital designs. The secret is combining what you love with solving a problem for others.

Decide How You’ll Fund It

Once you have a business idea, you’ll need to decide how to pay for the things you’ll need. Start by making a list of expenses. Let’s say you’re setting up a tutoring business; you might need:  

• A website to show your services.
• A laptop to keep track of study materials.
• Office supplies like pens and paper to explain ideas.
• Flyers or business cards to showcase your business.
• Money for gas or transportation if you’re traveling to students’ homes.

Ask an adult you trust to help you brainstorm what’s realistic and affordable.

According to a recent survey, 69% of small business owners utilize personal savings to invest in their business. So, start with what you already have—like savings, allowance, or tools you can borrow. You could also get a part-time job, ask family for help, or try crowdfunding to raise money.

Create a Simple Plan

A business plan is a roadmap that states what your business is about and outlines your next steps. Start by writing down what you’re selling—like custom tote bags. Then, decide who you’re selling to. Are your customers classmates, or will you sell online to young adults?

Next, think about how you’ll market your product. The best part? This can be done for free! Set up a TikTok or Instagram account to share pictures and videos showing off what you’re selling.

Finally, figure out your pricing. Research the cost for similar products, and make sure your price covers your costs and time. Keep your plan short—it’s just your starting point!

Spread the Word

We’ve talked about using online platforms to showcase your products, but marketing isn’t just about being online. Start by spreading the word to teachers, family, and friends. You can even hang posters around your school or community to get more attention.

Another creative approach to promote your business is by asking past customers for referrals. Happy customers can write short testimonials about your product or service. Offer a small discount for referrals and feature these reviews on your website to build trust and attract more clients.

Manage Your Time

Once you’ve got the basics ready—like your website, business tools, and marketing—it’s time to figure out how to balance school and your business. Here are quick tips for efficient time management:

• Use a paper planner or an online calendar to organize your week.
• Set aside one hour in the afternoon to work on marketing or reach out to clients.
• Try using a timer during work sessions to help you stay focused.

Keep in mind schoolwork should always come first, so plan your business time around assignments, homework, and projects. Use weekends or free evenings to get more done for your business.

Learn and Adapt

No business is perfect in the beginning, and even people who’ve failed before are 20% more likely to succeed next time. If something doesn’t go as planned, change your approach and ask customers or mentors for feedback to see what you can improve.

Set yourself up for success by learning new skills. Check out YouTube, free online courses, school programs, or local business groups. Surrounding yourself with helpful people and ideas makes it easier to grow.

Remember, setbacks are normal. Use them to learn more skills and stay motivated.

Time to Take Action

Take the first step, even if you’re feeling nervous. As you work on your business, you’ll pick up new skills, make some extra money, and build confidence in yourself. Remember that perfection isn’t the goal for your first try—you just need to start and learn as you go.

If you’re a young entrepreneur in Florida, the Kantner Foundation has scholarships just for you! Learn more and apply now.