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Another way to generate money online is through consulting. If youre an expert in any field, 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 big companies, but you might be surprised by 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 the side in an unlikely industry. Robert explained that, after he'd been blogging for a couple of decades, a couple brands reached out to him to request for assistance with social media and online marketing. .

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Robert stated he did an average of 4-6 of those gigs annually for a while depending on his agenda and the work involved. The best part ishe charged a flat rate that generally worked out to around $100 per hour. And remember, this was cover he was earning to educate people on the best approaches 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 also set up a free account through Clarity.fm. This site lets anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll receive compensated for. .

If you have any skill you can teach others, its also possible to set up an online course you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own course for financial advisors 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 offers several different classes, including classes on a writing software named Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he's earned.

Most people set up their online course through a platform like 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 Great Financial Cents podcast to go along with my blog, and that I use that platform 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 short clip at the beginning of each podcast for 90 days. That has been insanely exciting to me in the time since I wasnt sure websites I'd be able to monetize my podcast which much in the beginning. .

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But, there are tons of people making far more than me on their own podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the shows most recent income file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats mad.

The real key to getting forward with podcasting is finding your niche, growing 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 is still worth considering. .

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Even though the publishing industry was heavy in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will allow you to upload and take your publication to print without getting an click here to find out more 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 thriving blog (My Work from Home Money) and a thriving book publishing business. Hogue has written several books he's published online to make an ongoing source of passive income. He says he averages approximately 685 books marketed per month to bring in an average of $1,857 in revenue.

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

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Another way to generate money online is by collecting leads. The main actions you need to complete to create lead sales work include setting up a website, getting traffic to this site, and making sure you're collecting leads which someone will actually pay helpful site for.