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Another method to make money online is via consulting. If youre an expert in any area, you might potentially find individuals willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult with large companies, but you could be amazed by the kinds of expertise people will pay for. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on both sides in an unlikely industry. Robert explained that, after he had been blogging for a few decades, a couple brands reached out for him to ask him for assistance with social media and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs per year for some time depending on his agenda and the work involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And remember, this was cover that he was earning to educate people on the best ways 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 establish a free account through Clarity.fm. This website enables anyone who wants to provide consulting set up a free profile. Once your profile is set up, people will find you and book a session youll receive paid for. .

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

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Last year, I profiled my friend Joseph Michael of Easy Course Creation. Michael presents many different classes, including courses on a writing applications named Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he's earned.

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Many people set their online course through a platform such as Teachable.com. Together with Teachable, you can upload your class materials and use the platform to manage customers and accept payments.

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

I remember getting my first sponsor on the podcast and finding out that they were willing to pay $8,000 for me to include a brief clip at the beginning of each podcast for 90 days. That has been insanely exciting to 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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But, 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 the displays most recent income file, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

The read real key to getting ahead 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 great deal of logistics that go into writing, recording, and editing a podcast, but it is still worth considering. .

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While the publishing industry was substantial in print, you can finish the entire process of writing, publishing, and marketing a book online these days. Websites such as Create Space will allow you to upload and take your publication to print without even getting an official publisher involved, and you can even get your book on Amazon.com so people can purchase it there. .

A blogger I know named Joseph Hogue includes a successful site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written several books he has published online to create an ongoing source of passive income. He says he averages about 685 books sold a 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 wise strategy to consider since the startup costs 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 actions that you need to complete to make lead earnings work include setting up a website, getting visitors to that website, and making sure you're collecting leads that someone will actually cover.

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