Would you like to learn how to make money from your laptop? Today I am going to show you 4 cool ways in which you can make money online just by using your laptop. Actually, you can even use your mobile phone, to try out these methods.
If you are looking to start a good side hustle, then the internet can certainly provide you with loads of opportunities. But the thing is, that not all of these opportunities are created equally. You get those mediocre opportunities, the downright scams and then you get the real methods to starting a profitable online business.
It’s all about YOU!
It’s what goals you have that will ultimately help you to decide the right option for you. If you are looking to make money as a past-time, then the opportunity might not be that important. But if on the other hand, you are looking for something to replace your 9-5, then you need to carefully select the right option.
Having said that, let’s first see what benefits starting an online business can offer you.
What Are The Benefits of Starting An Online Business?
Why start an online business in the first place?
As I said earlier, maybe you want to replace your regular day job, or you are looking for a second income, an online business can make it a possibility.
If your ultimate goal is to spend more time with your family or travel the world, you can accomplish these goals if you have a successful online business on your hands.
You can start an online business if you are a teenager. Going online also means that you have more choice to decide what your business will be about. If you are someone who is in the party catering business, you can start an online party supply business without hefty overheads. Or, if you are running a coaching business, you can start an online coaching business.
Here are some other cool benefits that you can get from having an online business.
Benefit One: Start-up costs are way less than a traditional business
With starting a traditional brick-and-mortar enterprise, you have to worry about a number of expenses. You have to worry about rent, salaries, fixtures, and operating costs, and a host of other overheads.
Starting an online business on the other does not demand as many expenses. Your main costs would be firstly registering with a reputable training platform to learn the ropes of the business model you want to do. Learning from FREE information online sources has its limitations and is something that I would not recommend.
You can end up learning with just fragments of information if you choose to learn by yourself. You also might not get updated information as to what works online. And worse, you end up wasting precious time and feeling frustrated. Then you start having doubts and feel that online business is just a scam. And that is simply not true.
Rather spend the money with a good training platform. If you can get a mentor, all the better. Then the other major cost would be investing in the right tools.
Overall, your expense outlay would be far less than going with the traditional route.
Benefit Two: Your Business is Mobile-Friendly
You can take your business wherever you go.
It could be working from the coffee shop down the road, or if you are at your beach house. You just need a stable internet connection and a good laptop to work from.
Benefit Three: Your business can be Local or International
Depending on the business model you choose, and the products that you are marketing, your business can have a different outreach. You can target a local audience, or you can have an international market.
It’s up to you.
Benefit Four: It has huge Passive Income Earning Potential
Once you have built a solid foundation for your business, then it is about being consistent in what you are doing. If you have a certain traffic method that is working, like paid ads, then it is simply a matter of scaling it.
The more you scale what works, the more people will come to your business and the greater the earning potential. It is an excellent source to build yourself a passive income stream.
Cool, now we summed up the benefits of having an online business. Let me show you how you can make money from your laptop.
How to Make Money From Your Laptop?- 4 Things You Can Do
Make Money Online Method Number One: MLM or Multi-Level Marketing
I joined a multi-level marketing company many years ago. It was called Amway, and you probably might have heard about it. It still is in existence.
But the MLM company that I am with at the moment is called The AIM companies. In fact, it’s one multi-level marketing company that I would always recommend. I have written an in-depth blog post about The Aim Companies here.
I love using their nutritional health products. I recommend this company mainly because I derived great benefits from using these products.
Why is MLM an option to make money online?
Great question.
You see nowadays, if you are a member of a legit multi-level marketing company, then the company should provide you with a free replicated website.
Just like how The Aim Companies did for me. With this website, you can simply promote the company and its products via a link to your prospects. They can sign-up to join the company or purchase products online. Either way, you earn a commission.
Let’s take a look at the Pros and Cons of an MLM business opportunity.
PROS
- You are joining a trusted brand
- You do not need to stock any items (just direct people to your replicated website)
- You can earn retail profits
CONS
- You have to recruit to earn the higher paychecks
- You have to run your business by the companies rules and policies
- Products can be expensive
- They can have complex compensation plans
Making Money Online Method Number Two: Surveys/GPT (get-paid-to) websites
Online survey jobs have been around for a long time. You simply sign-up for a survey company. They get you to take a screener survey.
A screener is usually to pre-qualify you for the main paying survey. Once you qualify, you are invited to take the main survey. On completion, the company will compensate you for your efforts.
As far as online surveys are concerned, I did not have much luck. On many occasions, I did not end up qualifying for the main survey. In other words, I ended up wasting a great deal of my time doing screeners.
And when that rare opportunity does eventually come along to take a paying survey, it usually pays very little in comparison to the time spent answering them.
And with GPT sites, you get rewarded a few cents, for completing simple tasks such as downloading apps, or playing games, or clicking on links.
Usually, with GPT opportunities, you have to do lots of work to earn a few dollars.
Here are some GPT sites that I have reviewed :
So let’s take a look at the pros and cons of this business model.
PROS
- FREE to join
- They are simple to do
- Lots of companies to choose from
CONS
- No guarantee of jobs
- Time-consuming
- Low earning potential
- Not a stable source of income
Make Money Online Method Number Three: eCommerce
What is eCommerce?
eCommerce is a business model where you are the owner of an online store. Think of Jeff Bezos and his multi-billion dollar Amazon website.
You can create an eCommerce store using a platform like Shopify. I created my one using Wealthy Affiliate.
My site is called MyTreasuredBooks.com. I sell personalized storybooks. When someone wants a book done, they simply visit my store, choose the book, and fill out the necessary details for the book.
Once I receive payment for the book, I ship it to the customer.
Now with an eCommerce store, you would need to purchase the stock. You would need to make sure that your inventory is always up to date. You also would have to market your business in order to reach your ideal client.
Let’s take a look at the pros and cons of having an eCommerce store.
PROS
- You have flexibility (you make your own business rules)
- You can choose which products to promote and what prices to sell it at
- You can discount, or include bundle packages
CONS
- You have to follow-up with the customer-after sales support is important!
- You have to do your own marketing
- Lots of competition
- Your profit margins are low (you can only earn on the difference between the wholesale and retail)
- Your success depends on high volume turnover
Make Money Online Method Number Four: Affiliate Marketing
What is affiliate marketing?
With affiliate marketing, you earn a commission by promoting other people’s products or services. Essentially you are the middle-man or the middle-woman. You have to bring the buyer and seller together. For every successful transaction that takes place, you make a commission.
This is the business model that I have been using since 2016. When I first started, I learned SEO affiliate marketing. That works by ranking articles on Google and gaining free organic traffic to my website. Google is the number one search engine. And SEO is a strategy that will never die.
The best place to get started with SEO Affiliate marketing is Wealthy Affiliate.
The cool part about affiliate marketing is that you can promote both physical as well as digital products. Most of the time, the earning commissions on physical products are much lower.
With digital products, as an affiliate marketer, you can higher commissions. It’s because it cost much less to manufacture. The product gets delivered to the customer instantaneously. They call this high ticket affiliate marketing.
This is something that I was intimidated to do initially. But when I realized that you are putting in the same amount of work,and earning higher commissions, it made more business sense to promote high ticket affiliate products.
The best place that I would recommend to start high ticket affiliate marketing is Legendary Marketer.
Let’s take a look at the pros and cons of affiliate marketing.
PROS
- It’s a newbie friendly business model
- You do not have to purchase stock
- No recruiting is necessary
- You can promote both physical and digital products
- Earning potential is high
- Cost to start is not high
CONS
- You have to get involvled in some sort of social media to reach out to your customers
- Initially learning the process can be a bit overwheleming
How To Become An Online Success
I have learned over the years, that despite there being some technical aspects to starting an online business, to become an online success, you really need to focus on three main areas.
The first key area is joining the right business training platform. One that has the best tools, training, and support to help you get to where you want to go.
The second key area is finding a mentor. Success leaves clues. You want to be an online success, then learn from someone who is already there and is willing to teach you.
The Legendary Marketer business platform has both of the above two ingredients. Take a look at what the owner, David Sharpe has to say about the business course.
Then the last ingredient to becoming an online success—you need to take action and be consistent in your daily business tasks. The more consistent you are, the closer you will get to see amazing results.
That concludes my article on how to make money from your laptop.
Have you tried any of these methods? If you have not, which one would you most likely try?
Looking forward to hearing from you?
Kind Regards and Take Care
Thank you for giving us these four options. I would incline myself more towards affiliate marketing. I am already into social media, so that doesn’t represent a problem. And I am excited to learn new things. So, I see the learning curve as an exciting challenge. Thank you for encouraging me to work online. It’s just a matter of time until most of the population does it.
Absolutely, great choice to go with affiliate marketing.
Just be consistent in what it is that you are doing. Slowly but surely your business will gain traction and you will start seeing results.
All the best, Roopesh
Great tips on becoming successful with an online business!
I haven’t considered an MLM before now, but it might just be my next business venture. Is the AIM group you mentioned easy to get started with?
I 100% agree that the first step to success online is the training you receive. Without help from experienced minds, you are potentially shooting in the dark and setting yourself up for a trial by fire so to say. A mentor is definitely a great accessory to the training as well!
Awesome breakdown! I can’t wait to implement some of your tips and strategies into my own business mindset!
Great stuff. Thanks so much for stopping by.
Let me know if there is anything at all that you need help with.
Wishing you tons of success in your online business.
Regards and Take Care
Roopesh