We are living in a digital world where everything requires our attention and this means more we need to spend. However, most people still have low paying jobs which they hate.
So are you a person desiring to be your own boss and work from home? If yes then this article is for you. Today I will be talking about how to work from home and make money.
I will be giving you ways which work well in 2020 so that you do not end up doing something which will waste your time in the long run.
Before we start you may be interested in checking my #1 recommendation for making money online.
Why making money from home is vital
Before we start with the best methods I decided to first tell you the importance of working from home and making money for yourself.
As inflation and many think keep going up our lifestyle will naturally cause items to be expensive and the sad think is that jobs can not beat that inflation.
If you read financial books like me you will also know that jobs are not safe at all especially given the fact that pensions are now going to not be included in the future.
This is not just scary but it is surprising because we are told jobs are our safe havens (by the media and our parents).
Well jobs worked in the industrial age where factories were fully operational but now that do not exist at all.
This age is now called the information age which means you make a living with the information you know. (sounds cool right?)
This is why at this age we are seeing more young millionaires more then ever, because information is now available to anyone and it is normally free.
So young people use this free information to make a living and millions while the people who are still thinking the old way “get a job” are getting financially left behind.
This period is exactly like the transition from the agricultural age to the Industrial age where jobs became the next big think: Those who had jobs were more prosperous then those who merely realized on land for making a living.
The great think now is that we have so many opportunities to make a decent living and even millions if we wish. It is all about taking those opportunities.
This is why I will show you the best opportunities to take. Most of these are either those I used to do or the ones I am doing right now.
So are you ready?
let’s start
1. Network marketing
Network marketing is a great way to make a living because all you are doing is marketing a business which you love or relate to.
With this you simply get paid a commission every time you make a sale through a product you sale to someone.
You can build a whole business just selling the companies products as if they are your own.
The other way you earn money in network marketing is basically through recruiting people to be in your team and sale the product.
Now this way of making money does need a person who is able to be confident and sale face to people as your success relies on that.
I did network marketing in 2014-2016 and found out that it was not really for me at all as I felt I did not have the skills nor personality.
I tried many network marketing companies but the one which I stayed the longest in was World Ventures which is a company referral opportunity.
However I did learn a lot of skills through it like public speaking and having confidence which was something I lacked in school.
This skill was the one which lead me to start my many YouTube channels to document my journey.
So if you end up not getting anything from an opportunity you tried make sure you do not lose the lesson from it.
2. Virtual trainer
Are you talented in anything of which you could train people? Do you have a skill which you could coach people on?
If the answer to these questions is yes then you might have to be a virtual trainer and help people in their lives.
virtual trainers could be any think from personal training online or consulting people or business online.
Related: How to make money as a personal trainer
3. Affiliate marketer
Affiliate marketing is one of my favorite ways to make money online and it is the easiest business compared to many online businesses due to the fact that you do not have to create any product or service.
More that, unlike network marketing you do not have to cold call people and do face to face convincing but everything is literally virtual.
Related: How to be successful in affiliate marketing
This business involves you having a website and then promoting a product, program or service you like or love. And you get a commission.
Let’s say for instance you love soccer.
So you will have a website where you talk about soccer and promote products related to soccer and get paid every time a person buys through your website links that are related to the product.
4. Trade online
Another way to make a great income due to the fact that it is very good and convenient way to make money if you know the skill.
Related: Is Forex trading a scam?
Trading can be done in trading stocks or Forex trading using your personal computer or laptop at home.
Both trading Forex and stocks are both different. Stocks is trading of businesses while Forex is trading currency pairs (which measure the economy of the countries between each other).
The good think about trading is that you can start with a small amount of money and make a decent living of course depending on your skills.
5. Start a service business
You can also start a service business whereby you will be giving people value constantly. The good think with having a service is the fact that a service business easy to scale up once it has started.
The other think is that a service can be anything that you can think of because there are no limits to this.
The only best way you can make money is to develop a way to serve people. Here are just a few service businesses:
- Catering business
- Laundry business
- Delivery service
6. Freelancing
Freelancing is also similar to a service business since you are also serving others. What is different about freelancing is normally a think you do person to person or person to business.
Thank you to the internet freelancing has become super easy to get started and make money.
Sites like Fiverr give you the luxury to get clients for free and on top of that they handle the payment side of things for you so you just worry about doing the job.
How I make money online
This section is where I tell you how I make money online.
As I said before that I started with network marketing but soon realized I didn’t like it so I focused on affiliate marketing.
Being an affiliate marketer has been one of the best journey for me because I have enjoyed every phase of my business each day.
When I started with a program which charged me a lot of money (it is called internet Income intensive) but didn’t give me the support I needed so this is where I decided to look at another opportunity for mentorship.
The program I found was able to give me mentorship after I had gone through many scams. What made me join the company was because they had a free trial so I wanted to try it first risk-free.
This company is called Wealthy Affiliate. After going through the free training I decided to upgrade because I was serious about making money online.
After a year of joining I made my first sale which was about $200 and this made me see that this think was real.
After this I never looked back and 1 year and 7 months I am still pushing and making money which I am working to grow daily.
The reason I talk about this is because to succeed you do need proper training and mentorship and this is what helped me.
If you are interested to try out Wealthy Affiliate free you can check it our below yourself, However I do advise you to love the business before entering and committing.
This is because I will mentor you so that you can become successful yourself in this journey
Final thoughts
Making money from home is simple but definitely not easy. It really requires that a person finds the best vehicles to make money.
Working from home is the best think for people to do and the best way to do this is by saying focused as if you are still at work because it does require a lot of time.
The best vehicles for success in this path of working from home is can be done using the following (which have worked well for me):
- Network Marketing
- Virtual trainer
- Affiliate Marketing
- Service business
- Freelancing business
- Trade online
I hope this article of how to make money from home was the helpful to you. I hope you can be able to apply these methods to your life by choosing one and focusing on it.
I have always liked the idea of working on my own from home but haven’t tried because there seem to be so many scams out there. But since my company just sent 250 jobs overseas and laid off 100 people it seems I should get looking.
Network Marketing does not appeal to me. I don’t like sales and definitely do not want to be the guy bugging my family and friends to buy useless (or useful) stuff and asking for lists of names.
But I like a couple of your ideas, freelancing and affiliate marketing. Thanks for the good information!
Hey Rob
Sorry to hear that your company is downsizing so much and I hope things can get better. Yes ofcourse you must always choose what best suits you because this will be your business for many year if not for ever.
Affiliate marketing is my number 1.
Thanks for sharing this information! Many of these points are very helpful and hearing about your success has given me inspiration to keep working at it and try many of these different forms of online businesses to see which one is the best for me. I appreciate it!
Hey Ryzehn
I am glad you enjoyed this article and that it was of great motivation. Keep pushing
Yes, I think good information for online woker who are expecting to work from home. I also really like work from home jobs. But, I like to ask, from affilate marketing, you got 200$, is that commison or any? I can’t clear that. And I agree with you about WA is the best place to start work from home and there shuould be good helper and metor to take real tract in their journy of the success. I think good explanation and will more support for who are expecting to start online business. Thanks for your .
Hey Samantha
Yes it was commission coming to me monthly. This also tends to vary depending on the market conditions. For example end of the year I get more sales because people are by nature looking to spend cash on products and programs.
It’s a real shame that there are so many rip offs online in 2020, but I suspect that even in days gone by before the internet, business opportunity magazines would have ran lots of adverts which promoted scams indirectly. At the end of the day, it’s our own responsibility to do the research and locate the few good ones.
Hey Simon
Yeah buddy we are faced with many scams and more and more are coming due to the fact that we are living in a world of more opportunities.
That is the reason I do these reviews because I love opportunities