Questions about age limits for young internet marketers

35 replies
Hi Fellow Warriors,

I have a question about age limits for internet marketers...

It seems that there are quite a few up and coming internet marketers who started their
business in their early/mid teens and/or are running their businesses at that age.

And yet, it seems like PayPal and eBay have a minimum age of 18.

What about Clickbank and other such places? CPA networks?

Are the teen marketers running their business through their parents' accounts?
Or are there other loopholes?

Thanks for any help.

Elisabeth
#age #age limits #internet #limits #marketers #questions #teen marketers #young #young im marketers #young warriors
  • Profile picture of the author Richard Van
    Master Spilchen, the stage is yours......

    Personally If I had kids and they displayed the urge to develop a business at 5 I'd help them. If I was struggling at the time I'd probably syphon a bit off too. Kidding..., well, maybe.
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  • Profile picture of the author Margo Tuul
    If you partner up with someone, you can be even 14. There was a 16 year old kid, who created iPhone app. and made really good money.
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    • Profile picture of the author wordwizard
      Thanks, Richard and Margo!

      I guess that's the way it works -- with parents helping their kids by letting them use their paypal accounts etc.

      And yes, Caleb Spilchen is certainly one of the inspirations for this question (he's in Canada, though, and the laws there may or may not be different than in the U.S.).

      Any thoughts on this, Caleb?

      Thanks a bunch!
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  • Profile picture of the author Rus Sells
    Create a company plain and simple. Your teenager is now a CEO! YAY!
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    • Profile picture of the author Caleb Spilchen
      Originally Posted by Rus Sells View Post

      Create a company plain and simple. Your teenager is now a CEO! YAY!
      Exactly what I did. Works real well.
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  • Profile picture of the author Caleb Spilchen
    I'll admit to where I started,
    Which was probably breaking
    a few sites Terms Of Service,
    by joining. However, I can tell
    you that Today, I follow all the rules
    and I can do it at 16.

    Let me explain:

    You mention that PayPal has a 18
    Year old limit. That fact is correct
    when it comes to "Personal" and
    "Premier" accounts. However, if you
    register a business account with 0 upgrades,
    there is merely a checkbox that says an 18 year
    old has authorized this.

    For the rest of the boxes, I fill them with
    my incorporated company name {this costs
    about $200 to do in Canada}. For the
    directors, I can put my parents or me, I just
    need them as over 18ers, to authorize the
    creation of the account.

    In that case, everything becomes legal, I'm
    not doing business under the name of a minor,
    I'm doing it under the name of 7689306
    CANADA INC. Which makes everything legal,
    If you do a search for that company name
    since I know one of you will, I am listed as the
    director.

    So. That's basically the legalities to that.

    My suggestion to young marketers.

    >> Get your parents to authorize PayPal etc,
    I used to use my Dad's paypal account, heck
    people didn't really care. They didn't want me
    to feel the paypal hit, so they would say "oh
    it's cool to see that you use your dads, instead
    of breaking the rules" etc.
    >> Consult your attorney before you do any
    new projects that could end up in legal issues.
    My parents have received law suit threats in the
    past, and have had to contact there lawyer
    >> IF EVER presented with a contract, to do any
    type of work, have your parents sign below you,
    AND have them show the contract to an attorney.

    Legal Notice: I am clearly not a lawyer, all advice
    I give is based on experience, You should contact
    your legal attorney before beginning any type
    of online enterprise.

    Now, people, please stop PMing me about the law,
    I hate legalities, and I have a whole stack of tax
    paper work to fill out to. I now have a thread to link
    all those people who e-mail me who want to start businesses
    at 15 to

    Caleb
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    Canadian Expat Living in Medellin, Colombia

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    • Profile picture of the author wordwizard
      Hey Caleb,

      thanks so much for the detailed info.

      This answers quite a few questions. I really appreciate it.

      And yes, I can imagine that you're getting a bit tired of being the
      go-to person for people who have questions about
      the legalities for young infopreneurs, so I doubly appreciate
      your help here.

      Thanks also for the tips on incorporating and how to go
      about that.

      Elisabeth
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      • Profile picture of the author wordwizard
        Originally Posted by Kevin Williams View Post

        I started around sixteen as well. Used my dad's accounts for PayPal and eBay and never had a problem - until I started making enough money that he started charging me rent (this was when I turned 18 though). Can't believe I'm up near 21 now - how time flies.
        Thanks so much for sharing your experience, Kevin. That's funny about him charging you rent -- presumably you could well afford it by that time though ;-)

        Elisabeth
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    • Profile picture of the author dawnbreaker
      Originally Posted by Caleb Spilchen View Post


      My suggestion to young marketers.
      Good thing I'm not alone here... Hehehe, But I am different... I love creating website's but I dont know before that I can generate Income inside website making and other related services... Now I am strating to learn this new "process" of aiming for a success.
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  • Profile picture of the author Kevin Williams
    I started around sixteen as well. Used my dad's accounts for PayPal and eBay and never had a problem - until I started making enough money that he started charging me rent (this was when I turned 18 though). Can't believe I'm up near 21 now - how time flies.
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    • Profile picture of the author Daniel Brock
      What I did when I started my first online business at 16 was I had my parents co-sign everything.

      Never had any issues with it. Of course, you need to have parents crazy enough to put their name on the line for ya lol.
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      • Profile picture of the author wordwizard
        Originally Posted by Daniel Brock View Post

        What I did when I started my first online business at 16 was I had my parents co-sign everything.

        Never had any issues with it. Of course, you need to have parents crazy enough to put their name on the line for ya lol.
        Thanks for replying and your info, Daniel. Looks like there's a pattern...

        And you're certainly right. I guess, one of the requirements is to have very supportive parents willing to really help you out.

        Elisabeth
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    • Profile picture of the author coluden
      Here's one for dad! (:-)
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      • Profile picture of the author bobsstuff
        In the USA a person under 18 cannot legally enter into a binding contract.
        For examples of this research teen millionaire Ashley Qualls. i.e. Free Enterprise Story of the Day: Meet Ashley Qualls, 17-Year-Old Millionaire

        Ashly's money went into a trust. She could not even pay her payroll without approval from the trust. She went to court to become emancipated (a legal adult) so she could pay her bills.

        Underage teens can be in business. They can get away with a lot of things that are not technically legal. However, should the business grow to a substantial size, it would pay to have all the legal loopholes covered.

        By the way, Congratulations to all the teens who are becoming successful at an early age.

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        Bob Hale
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        • Profile picture of the author wordwizard
          Originally Posted by bobsstuff View Post

          In the USA a person under 18 cannot legally enter into a binding contract.
          For examples of this research teen millionaire Ashley Qualls. i.e. Free Enterprise Story of the Day: Meet Ashley Qualls, 17-Year-Old Millionaire

          Ashly's money went into a trust. She could not even pay her payroll without approval from the trust. She went to court to become emancipated (a legal adult) so she could pay her bills.

          Underage teens can be in business. They can get away with a lot of things that are not technically legal. However, should the business grow to a substantial size, it would pay to have all the legal loopholes covered.

          By the way, Congratulations to all the teens who are becoming successful at an early age.

          Wow, what a pain that must have been. Thanks for sharing that information and the link!
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  • Profile picture of the author Ashley Skuse
    I believe I had PayPal before I was 18 (if I remember correctly) - I had a bank account and debit card at the age of 15, so it was easy enough to sign on to PayPal. Maybe it has gotten more secure since, but there is always a way around it.
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    • Profile picture of the author wordwizard
      Originally Posted by Ashley Cooper View Post

      I believe I had PayPal before I was 18 (if I remember correctly) - I had a bank account and debit card at the age of 15, so it was easy enough to sign on to PayPal. Maybe it has gotten more secure since, but there is always a way around it.
      That's really interesting, Ashley! I guess there's not really an age limit to having one's
      own bank account (though there might be some co-signing involved(?), and PayPal
      doesn't ask for date of birth at the time you sign up (I think)...

      I remember that I had my own bank account way back in Germany around 15 or so
      too -- I did some typing for one of the teachers at school (he ran a concert series and
      I typed up the address labels for it -- way back, on a manual typewriter!). And he
      insisted on paying me by check, so I would get started with the adult business of using
      a checking account! I now can see just how cool that really was.

      Elisabeth
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  • Profile picture of the author mad.hat
    If you are under 18 you need parents to sign off on your account as you can not sign a contract until you are 18. Minors could team up with older marketers and use their payment details which is something that international marketers who are not supported by PayPal end up doing. This is hardly a workaround though and not very common.

    If you are seeing a ton of underage IMers they are probably either using their parents' accounts or opened an account under their own name which required a sign-off from a parent.
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    • Profile picture of the author wordwizard
      Originally Posted by mad.hat View Post

      If you are under 18 you need parents to sign off on your account as you can not sign a contract until you are 18. Minors could team up with older marketers and use their payment details which is something that international marketers who are not supported by PayPal end up doing. This is hardly a workaround though and not very common.

      If you are seeing a ton of underage IMers they are probably either using their parents' accounts or opened an account under their own name which required a sign-off from a parent.
      Thanks for adding more specifics, mad.hat! I guess you summed it up. It helps to have supportive parents... OR friends who are older and willing to stick their neck out for their younger friends.

      Interesting wrinkle about the international marketers too! Hadn't thought of that one.

      Elisabeth
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      • Profile picture of the author Alexa Smith
        Banned
        I believe that there's no lower age-limit for Clickbank, and there certainly isn't for a bank account. And those two, between them, are actually enough for anyone eager enough to get started.
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        • Profile picture of the author Ken Strong
          This is NOT directed at Caleb or anyone else in particular -- but we should also keep in the back of our mind that people in forums may not always be exactly who or what they say they are...

          I'm only saying this because there seems to be a hot trend lately of marketers popping up claiming to be teenage Wunderkinds (witness the 16-Year Old Millionaire thing on Clickbank not too long ago).

          Don't be overly cynical, but don't be naive either (sometimes a hard balance to find when dealing with the online world).
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          • Profile picture of the author wordwizard
            Originally Posted by Ken Strong View Post

            This is NOT directed at Caleb or anyone else in particular -- but we should also keep in the back of our mind that people in forums may not always be exactly who or what they say they are...

            I'm only saying this because there seems to be a hot trend lately of marketers popping up claiming to be teenage Wunderkinds (witness the 16-Year Old Millionaire thing on Clickbank not too long ago).

            Don't be overly cynical, but don't be naive either (sometimes a hard balance to find when dealing with the online world).
            Good point, Ken. Thanks for pointing that out.

            I do remember that there was a big debate about David Wilkinson (sp?)
            from the UK and whether he really was 14 (or was it 13?). To the best I could tell, he
            was quite for real (and he was using his Mom's PayPal, as far as I remember).

            Even if there are a few marketers who aren't quite as young as they may appear, there
            are quite a few who are (Caleb for one!), plus others who started really young.

            And online marketing sure is a terrific alternative to babysitting, mowing lawns and flipping burgers at McD's!

            Elisabeth
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        • Profile picture of the author wordwizard
          Originally Posted by Alexa Smith View Post

          I believe that there's no lower age-limit for Clickbank, and there certainly isn't for a bank account. And those two, between them, are actually enough for anyone eager enough to get started.
          Thanks, Alexa, for the info. That's good to know, and you're right -- that would be enough to start a biz.

          Elisabeth
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  • Profile picture of the author good2go4
    My son started out online when he was 14 - we made it part of his schooling seeing as his school had complained that he was "being too much of an entrepreneur" in the playground lol and I started homeschooling him. I used to co-sign anything that needed a legal signature for him because I do think if a kid shows aptitude for doing anything towards making money instead of spending it, then yes I am there to help him. He isn't online anymore but he is two years into a four years apprenticeship as a builder and he is not 18 until after Xmas...and yes I used to charge him board once he had stopped schooling and started earning - we did that with all our kids, lol.
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    • Profile picture of the author wordwizard
      Originally Posted by good2go4 View Post

      My son started out online when he was 14 - we made it part of his schooling seeing as his school had complained that he was "being too much of an entrepreneur" in the playground lol and I started homeschooling him. I used to co-sign anything that needed a legal signature for him because I do think if a kid shows aptitude for doing anything towards making money instead of spending it, then yes I am there to help him. He isn't online anymore but he is two years into a four years apprenticeship as a builder and he is not 18 until after Xmas...and yes I used to charge him board once he had stopped schooling and started earning - we did that with all our kids, lol.
      What a cool story. Thanks for sharing it.

      Great point too about schools not being supportive of entrepreneurialism. Imagine how the world would be a different place if they were. Then again, I guess that
      wasn't the traditional mission of schools...
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  • Profile picture of the author Caleb Spilchen
    This is NOT directed at Caleb or anyone else in particular -- but we should also keep in the back of our mind that people in forums may not always be exactly who or what they say they are...

    I'm only saying this because there seems to be a hot trend lately of marketers popping up claiming to be teenage Wunderkinds (witness the 16-Year Old Millionaire thing on Clickbank not too long ago).

    Don't be overly cynical, but don't be naive either (sometimes a hard balance to find when dealing with the online world).
    I don't comment on Carol because I personally
    I have discussed all the allegations with her
    and I am still wondering about her legitimacy,
    but she did sound "kiddy" on the chat when
    I talked to her. However, for those wondering
    if I'm "fake" and I know it's not directed at me
    you are welcome to show up at my live conferences,
    friday night chat, live marketing chat, and you'll
    see that I come on camera

    Caleb
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    • This is a very interesting thread here I have to chime in. I have been thinking of doing IM with my nephew age 13 because he is driven to make money when my own children dont. I would follow the words of calib here on the forum he has a few products and I believe offered coaching at one time.
      What I will do with my nephew I think is train him let him get in the flow of daily tasks to drive traffic since he likes facebook and twitter like most kids and then I will set up the websites and see if money starts to flow. If this becomes a money maker whice is always a good problem to have set up accounts in the parents name with their permission of course and let him be the CEO of a company if that is legal in this state.
      I dont mean to take over a thread or not but this is what I have been thinking of doing and this thread was the only one I have seen like this and wanted to give some ideas and our children of today is the future.
      Calib is insperation for young money makers nice job and keep up the great work.
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  • Profile picture of the author Daryl Lim
    For PayPal, I forgot how I did it but I have a Premier account now with debit card linked. I faked my age, I guess. :p

    As for being young, there are more than 101 reasons why it bears a lot of disadvantages. For one, like Dan Brock says, you need to have parents crazy enough to put their name on the line for you. But hey, that isn't being crazy, IMO. Its called being clever and trusting the kid.

    @Caleb, I admire you for your works and especially for the fact that you've even incorporated. I might consider that one day. But doesn't incorporating mean more expenses? Like you said, $200 for incorporation in your country ($75 in mine I think) and you still have to file for taxes. Not to mention PayPal transaction fees. Or am I wrong to say that? Any advantages you get when incorporated?
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  • Profile picture of the author JonAlfredsson
    I think the age around 15 to 16 is already suitable fro this type of marketing venture. this will help them to be more responsible in handling money than usual. And they can make it possible with some guide from their parents or helping them set up their own accounts.
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  • Profile picture of the author imkevintan
    PayPal etc. are pretty serious about cyber crime these days. I wouldn't count on falsification of information there.

    I think most of the kids who are starting to work on the internet are supported by their parents.

    Good thing to do too!
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  • Profile picture of the author Caleb Spilchen
    @Caleb, I admire you for your works and especially for the fact that you've even incorporated. I might consider that one day. But doesn't incorporating mean more expenses? Like you said, $200 for incorporation in your country ($75 in mine I think) and you still have to file for taxes. Not to mention PayPal transaction fees. Or am I wrong to say that? Any advantages you get when incorporated?
    Well,

    I don't see how your PayPal transaction fees would
    go up. I already pay enough in transaction fees every
    month, and have always, and will always have a business
    account for PayPal...

    And yes, I does mean more paperwork, but it also can
    provide some security for your business.

    Caleb
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  • Profile picture of the author Andrea Wilson
    Way to go! Teens making a fortune online is really inspiring for oldsters like me (uh-well Im not really that old) but seeing the young ones succeed make sense for me. I wouldn't mind helping my young facebook friends to make money once I got my own trick.


    Andrea
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  • Profile picture of the author XtremXpert
    I started at 16 too. I created a PayPal account but after I got $2500+ out I finally sent ID copies and they disabled my account 'till I turned 18.
    I opened an account on my father's name and I used it in that time. I firstly worked on rentacoder.com (now vworker.com) and they wanted to close my account too when I was 17. With the help of a previous client, they sent me some papers that my parents signed and I was able to continue. In fourteen days I'll be 20, Kevin you're right, time flies so fast.
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  • Profile picture of the author bertuseng
    Very inspirational thread. I wish we had internet in my ton where i GREW Up.
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    • Profile picture of the author wordwizard
      Originally Posted by Andrea Wilson View Post

      Way to go! Teens making a fortune online is really inspiring for oldsters like me (uh-well Im not really that old) but seeing the young ones succeed make sense for me. I wouldn't mind helping my young facebook friends to make money once I got my own trick.


      Andrea
      Originally Posted by bertuseng View Post

      Very inspirational thread. I wish we had internet in my ton where i GREW Up.

      I agree with Andrea and Bertus. I feel quite inspired and humbled too. And I sure wish I had gotten started with this a whole lot earlier!
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