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Another method to make money online is via 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 might think youre not important enough to consult for large companies, but you could be amazed 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 both sides in an unlikely industry. Robert told me that, after he had been blogging for a few decades, a couple brands achieved for him to ask him for 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 some time depending on his agenda and the job 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 advise people on the best ways to use social networking tools like 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 via Clarity.fm. This site lets anyone who wants to provide consulting set up a free profile. Once your profile is initiated, people will find you and reserve a session youll receive paid for. .

If you have any ability you can teach others, its also possible to prepare 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 path for financial advisers 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 offers many different courses, including courses on a writing applications called Scrivener. Over the years, 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 platform 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 brief clip at the beginning of each podcast for 90 days. That has been insanely exciting for me at the time since I wasnt sure I my response would 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 own podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the shows most recent income file, this podcast introduced 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 to sponsors. This isnt the simplest way to make money online since there are a lot 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 used to be 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 choose your book 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 includes a thriving blog (My Work Out of Home Money) and also 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 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 most likely already have a computer and word processing applications anyway.

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Another way to make money online is by collecting leads. 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 that someone will really pay for.