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Laine Avenue – Teen Business Opportunity

by Eva 6 Comments

Starting a business to earn extra money or even earn a full time living is an amazing thing to do as a teenager, but Emily Miller didn’t stop there, she’s determined to help as many teens as possible along the way. Emily has started an amazing company that is also a teen business opportunity.

Looking for a teen business opportunity? Emily Miller has created an extraordinary business around her need for a backpack that would hold all her stuff! She started Laine Avenue along with her mom. Her company produces super cute backpacks in 24 different styles. Check these out!

Emily is 16 years old and started Laine Avenue along with her mom. Her company produces super cute backpacks in 24 different styles.

Getting Started

Emily shared that it all got started when she couldn’t find a backpack that she liked or that would hold all of her stuff. She and her mom started working together to design a backpack. Eventually, they came up with a prototype after going through a lot of patterns.

When she wore it to school her friends were interested in getting one of their own. They wanted to know how they could get one and how much it would cost. It was then Emily knew she could make a business out of her backpack idea.

They started conducting focus groups of her classmates to find out what they wanted in a backpack and talking to as many people as possible to make sure they didn’t miss any detail. Once the business really got started her friends were also interested in helping sell the bags.

Helping Teens Earn

When we spoke Emily made a great point about how hard it is to find a part time job. This is especially true in middle school. You have to be at least 16 to work at most places and even then you might not find anything. Emily saw her chance to help others within the framework of her business.

Looking for a teen business opportunity? Emily Miller has created an extraordinary business around her need for a backpack that would hold all her stuff! She started Laine Avenue along with her mom. Her company produces super cute backpacks in 24 different styles. Check these out!

She developed a program that allowed others to sell the backpacks directly from the website. This allows them to focus on academics and other extra curricular activities and still be able to earn some much needed funds.

“I wanted other teens to have the same opportunities I did.” Emily

Becoming a ‘backer’ is a simple process on the Laine Avenue website. Teens purchase a backer kit that includes a backpack, an extra flap, and all the info they need to get started. Once signed up you get a Backer ID. When a customer uses your ID you get a 20% commission on the purchase and a check is mailed to you.

Laine Avenue Life Academy

At first, Emily wanted to create videos to help Backers know how to best build their business and be able to maximize their earnings. She quickly realized that she wanted it to be so much more. She learned so much going through the process of starting Laine Avenue and she wanted other teens to gain some of those same life skills as they worked with the company.

The Academy is an online portal with videos and worksheets designed to help teens learn skills centered around:

Financial Management (like budgeting, managing bank accounts, etc.)
Personal Development (like goal setting, time management, etc.)
Family and Relationships (like making small talk, navigating conflict, etc.)

It’s available to all Backers. And I have to say that I LOVE that she included financial management!

Lessons Emily Has Learned

Being a business partner with her mom in the company has been a learning experience for Emily. It isn’t something every teen experiences and it’s been a great opportunity for her. Being business partners is a totally different relationship than the normal mother/daughter thing. Emily loves what they have built together and how their relationship has grown.

She’s also learned how to take risks in a way she hasn’t before. Having a passion for something means that you have to do things you wouldn’t normally do and feel like you are risking everything. She says that it’s totally worth it!

“You can’t compare yourself to people who are already successful. I think that as a teen you’re always comparing yourself to others and when that became a problem for me it took a while to realize that everyone’s on a different path. I had to focus on my path.” Emily

Her biggest lesson is all about comparison though. And as teenagers we are experts at comparing ourselves aren’t we?!? Emily learned quickly that she had to stop comparing herself to other teenpreneurs that were super successful after years of hard work. She had to focus on what she was doing and work hard and not obsess about success or popularity.

 

 

Share the Wealth!

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Pauline Paquin of Make Money Your Way is one of my all-time favorite money bloggers. On her blog, she talks all things entrepreneurship, investing, and making money online. That’s why she’s the perfect person to discuss how teens can make money. She has some amazing ideas and stories to share on how she made an average of $1,000 a month at age 15! See how easy it was for her to do, and come up with a plan to make your money goals happen too.Making Money As A Teenager – by Pauline PaquinWorking Student6 Tips to Successfully Be a Working StudentDog-sitting is an awesome job for responsible teenagers who love to be around animals and can work independently. Plus, it’s perfect to work around your school or work schedule. I had my first dog-sitting experience (with a super cute Australian Labradoodle), and now I’m convinced this may be the most perfect first job for teens looking for a little extra cash. Don’t forget to check the pics to see the cute dog snaps I took!Make Extra Money Dog Sitting!

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Comments

  1. Malia Manning

    January 19, 2018 at 10:44 am

    I think it is great that teens start their own businesses. It helps them get a better look on life and a head start at adulthood.

    1
    Reply to Malia Manning" aria-label=' Reply to Malia Manning'> Reply
    • Eva

      March 29, 2018 at 11:29 pm

      I agree. Thank you Malia!

      1.1
      Reply to Eva" aria-label=' Reply to Eva'> Reply
  2. Jessica

    January 20, 2018 at 12:05 am

    Starting to get familiar in the business world at a young age is a great benefit to your job potential in the future because it teaches you how to act in a work place and what being professional is all about. I think schools need to incorporate a business environment into their classrooms when appropriate to teach some proper manners and procedures that may happen in the work place.

    2
    Reply to Jessica" aria-label=' Reply to Jessica'> Reply
    • Eva

      March 29, 2018 at 11:28 pm

      Some schools are doing that, but not many. I agree that this is an area that should be taught in every school!

      2.1
      Reply to Eva" aria-label=' Reply to Eva'> Reply
  3. Elijah Nelson

    March 8, 2018 at 5:59 pm

    I think that this is a really good way to earn extra money or even just a career. I have always wanted to start a business of my own but I just have not gotten to do that. I am only in 8th grade but I think that this would be a good way to earn money for college. This is a easy way to become successful in life. Thanks for putting this on your blog for me to read.

    3
    Reply to Elijah Nelson" aria-label=' Reply to Elijah Nelson'> Reply
    • Eva

      March 9, 2018 at 1:00 pm

      So glad it helped you Elijah. I’m impressed with this company and what they are doing!

      3.1
      Reply to Eva" aria-label=' Reply to Eva'> Reply

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Hi guys, I’m Eva!

Welcome to TeensGotCents, my name is Eva Baker and I founded this site when I was sixteen. I'm a complete money nerd and I love helping teens learn how money works. Also, I watch too much Netflix. Although I still have a lot to learn about personal finance I hope you will use my successes and failures to help reach your own goals whether you want to go to college debt free, get a part time job, work on a fun DIY project that will save you money or just read about ways you can learn to manage your money well as a teen. So glad you're here! Read more about my story here.

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