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Another way to make money online is via consulting. In case 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 might be surprised at the kinds of expertise people will cover. .

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 told me that, after he had been blogging for a few years, a couple of brands reached out to him to ask him for help with social websites and online marketing. .

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Robert stated he did an average of 4-6 of these gigs per year for a while depending on his agenda and the job involved. The best part is, he billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover that he was earning to advise people on the best approaches to use social media 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 site enables anyone who wants to offer 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 ability you can instruct others, its possible to set up an online class you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even offer 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 several different courses, including classes on a writing applications called Scrivener. Through time, Michael has earned six figures or more annually selling additional reading classes that help people important site achieve the kind of success he's earned.

Most people set their online course through a platform like Teachable.com. With Teachable, you can upload your class materials and use the platform to manage clients 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 stage to find new sponsors and advertisers all of the time.

I 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 has been insanely exciting to me at the time since I wasnt sure I'd be able to monetize my podcast which much at first. .

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But, there are tons of folks making far more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to 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 easiest 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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Even though 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 such as Create Space will allow you to upload and take your book to print without even getting a formal publisher involved, and you can even get your book on Amazon.com so try this website that people can purchase it there. .

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

If you think you could write a book people would want to purchase, this is a smart way to consider since the start-up costs can be minimal and you probably 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 that you need to complete to make lead sales work include setting up a website, getting traffic to this website, and making sure you're collecting leads that someone will actually pay for.