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Another method to make money online is through consulting. If youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business objectives. You may think youre not important enough to consult for big companies, but you could be surprised at the types of experience people will pay for. .

My colleague Robert Farrington of The College Investor is a fantastic example of someone who consulted online on the side in an unlikely industry. Robert told me that, after he'd been blogging for a few decades, a couple of brands achieved for him to request to get help with social websites and online marketing. .

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Robert said he did an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, this was pay he was earning to educate people on the best approaches to use social networking tools such as Facebook and Pinterest to increase their brands. .

If you want to start consulting but arent sure what steps to take next, you can also set up a free account through Clarity.fm. This website enables anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll get paid for. .

If you have any skill you can instruct others, its also possible to prepare an online course you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own course for financial advisers who want to take their businesses online The Online Advisor Growth Formula. .

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This past Year, I profiled my friend Joseph Michael of Easy Course Creation. Michael presents several different classes, including courses on a writing software called Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help people attain the kind of success he has earned.

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Many people set up their online course by means of a platform such as Teachable.com. With Teachable, you can upload your class materials and use the platform to manage customers and accept payments.

Another way to make money online is by hosting an online podcast. I've got the Good Financial Cents podcast to go along with my blog, and that I use that platform to find new sponsors and advertisers all the time.

I still remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. This was insanely exciting for me in the time since I wasnt sure I'd be able to monetize my podcast that much in the beginning. .

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However, there are tons of folks making a lot more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to you can check here the shows most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The real key to getting forward with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect to sponsors. This isnt the simplest way to generate money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it's still worth considering. .

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While the publishing industry used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will let you upload and take your book to print without getting a formal publisher involved, and you can even get your book on Amazon.com so that people can buy it there. .

A blogger I know named Joseph Hogue includes a thriving blog (My Work from Home Money) and a thriving book publishing business. Hogue has written a few books he's published online to create an ongoing source of passive income. He says he averages approximately 685 books sold per month to bring in an average of $1,857 in revenue.

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If you think you could write a book people would want to buy, this is a smart strategy to consider since the start-up prices can be minimal and you most likely already have a computer and word processing software anyway.

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Another way to make money online is by collecting prospects. The main steps you need to complete to make lead sales work include setting up a website, getting traffic to that site, and making sure you're collecting leads that someone will really pay for.

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