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Another way to make money online is via consulting. In case youre an expert in any field, you could 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 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 the side in an unlikely industry. Robert explained that, after he had been blogging for a few decades, a couple brands reached out to him to request for assistance with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs per year for a while depending on his schedule 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 pay that he was earning to educate people on the best ways to use social media tools like Facebook and Pinterest to grow their brands. .

If you want to start consulting but arent sure what steps to take next, you can even set up a free account through Clarity.fm. This site lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, 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 course you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even provide my own course 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 software named Scrivener. Through time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he has earned.

Many people set up their online course through a platform like Teachable.com. Together 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 I use that stage to find new sponsors and advertisers all of the time.

I still 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. This has been insanely exciting for me in the time since I wasnt sure I would have the ability to monetize my podcast which 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 shows most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The key to getting ahead with podcasting is finding your niche, growing site web an audience, and then finding ways to monetize and connect with sponsors. This isnt the easiest way to make money online since there are a great deal 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 was heavy in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will allow you to upload and take your publication to print without getting an official 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 has a successful blog (My Work Out of Home Money) and a thriving book publishing business. Hogue has written a few books he has published online to make an ongoing source of passive income. He says that he averages about 685 books sold 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 wise 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 you need to complete to create lead sales work include setting up a site, getting visitors to that website, and making sure you're collecting leads which someone will really cover.