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Heck, I even offer my own course for financial advisors who want to take their businesses online— The Online Advisor Growth Formula.
Most people set up their online course through a platform like Teachable. With Teachable, you can upload your course materials and use the platform to manage customers and accept payments.
Another way to make money online is by hosting an online podcast. I have the Good Financial Cents podcast to go along with my blog, and I use that platform to find new sponsors and advertisers all the time.
However, there are tons of people making a lot more than me on their podcasts. The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors.
While the publishing industry used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a book online these days.
Websites like Create Space will let you upload and take your book to print without getting a formal publisher involved, and you can even get your book on Amazon.
Hogue has written several books he has published online to create an ongoing source of passive income. Not bad, huh? If you think you could write a book people would want to buy, this is a smart strategy to consider since the start-up costs can be minimal and you probably already have a computer and word processing software anyway.
Another way to make money online is by collecting leads. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients.
As a result, I started selling the leads I gathered instead. Basically, lead buyers are willing to pay for the personal information I gather from people who visit my website.
This is a win-win for everyone since I get paid for the leads and my website visitors are connected with someone who can help them. Keep in mind though, you can sell leads in many different industries —not just life insurance.
Really, you just need to figure out a niche, build a website and traffic, and see how much you can get for the leads you collect.
Holly told me she started writing content in At the time, she still worked a full-time job but created content online part-time to supplement her income.
Over time, she was able to double and triple her rates until she could quit her full-time job to write. These days, she makes bank as a freelance writer and teaches others to do the same via her online course, Earn More Writing.
According to Johnson, the key to making it as a freelance writer is figuring out a niche, networking with people who might hire you, and delivering high quality content percent of the time.
If you have a website or a large social media following, you can also make money by pursuing sponsored posts and ads.
But, how does this work? Basically, companies are willing to pay bloggers and social media influencers to promote their products and services.
If you have a platform, be it a blog or a huge Instagram following, you can cash in. Later on, however, I realized companies that wanted a sponsored post really just wanted a link from my website to their own site.
For that reason, I started increasing my rates. I also only promote companies I use or believe in. My wife has a pretty big Instagram following, and she gets all kinds of sponsorships.
Not only does she get paid in cash, but we get a lot of free stuff, too. She only promotes things she loves though, so this strategy works really well for her.
Need more ideas on how to make money online? Another strategy is using webinars to market your product, service, or course. At the end though, you pitch your paid product or service with the goal of securing a few deals.
Professional speaker Grant Baldwin uses webinars to market his courses on public speaking, including Get Booked and Paid to Speak.
While Baldwin offers plenty of free tips during his webinar, he offers his course at the end for people who want to pay to learn more.
And, a lot of times, his sales pitch works. Heck, you can probably find a free webinar on how to create your first webinar if you look hard enough.
YouTube is another platform that has made it possible for people to earn money online. There are a ton of YouTube channels out there on any topic if you can think of, and most of the people with a big following are earning some money in exchange for their videos and time.
Last year, Forbes profiled some of the biggest players in the YouTube scene. Will you earn that much? Probably not. If you like doing videos, starting a YouTube channel can a fun way to earn some cash on the side.
Last but not least, you can also earn money online by building an online community, although the monetization strategies you can pursue will vary a lot depending on your goals.
You can build a community with a blog, for example. You can also build an online forum and charge people for membership. Find out more: Rent-a-Room - more information about the tax-relief scheme.
Mortgage Advisers can find and arrange the best deal for you. If you want to make money from renting your home on a more flexible basis, Airbnb could work for you.
It allows you to list a room, or your whole home, for a few nights to a week to travellers in search of a place to stay and set the rates.
If you live close to a sporting or festival venue, you could cash in by renting your home out to fans or even participants. Edinburgh and Glastonbury festivals, as well as events at Wimbledon and Henley, could all provide such opportunities.
If you don't mind driving around with a logo on your bonnet, you can make money by advertising on your car. You could make hundreds of pounds a month through websites such as Carquids.
Another great way of making use - and money - out of an empty room is by renting it out to foreign students needing a place to stay.
Students could stay for a couple of days or up to a year, depending on the length of their course. Find out more: Landlord responsibilities - a round-up of the duties that landlords need to fulfil.
Registration tends to be free, although you may have to pay a commission of the total location hire fee - see sites like AmazingSpace for more.
Most demand is for large houses with big rooms and plenty of good parking, though all types of property are sought, from contemporary conversions to classic period homes.
As with films and TV, renting out your home for photo shoots could be a great source of extra cash. Magazine companies are always on the lookout for places to feature as backdrops for photoshoots - see sites like Beach Studios and Location Works for information and to register your home.
Listing your driveway or garage on sites such as JustPark and YourParkingSpace could earn you cash from motorists searching for a cheaper or guaranteed spot.
You decide what to charge, with the going rate depending on location, demand and facilities, such as lighting and security. Your empty loft or garage could be making you money from people looking for some short-term storage.
Storemates puts you in touch with storage hunters. If you have a large and unused garden, you could put it to work by setting up your own smallholding.
You can grow your own plants and vegetables, or keep chickens. It can reduce carbon emissions by cutting food miles, cuts your food bills, and can be a good money-making opportunity.
You could even contact local farmers to see if they'll sell your produce in their farm shop. Rather than throwing out your old things you should see if you can recycle some of it for some cash.
After all one man's trash is another's treasure. The clothes you bring in can be any brand. If the Lego in your household has reached critical mass, you can trade it by the kilo for cash on websites including Zapper and MusicMagpie.
However, if you have unopened or complete Lego sets or figures, they'll probably earn you more on Ebay or a specialist Lego marketplace like Brick Owl.
Use our guide 7 tips for selling gold jewellery at the best price to make sure you land the most money for your bling.
Compare what you can get try Cash For Cartridges and Infotone. Alternatively, you can recycle empty cartridges with Tesco and earn up to Clubcard points with The Recycling Factory.
If you have installed or are thinking about installing renewable technology, such as solar panels, you may also be able to make money by selling some of the green electricity you generate.
The Feed-in Tariff FIT scheme means households with renewable technologies receive money for every unit of energy they produce themselves.
You will need to weigh up the potential to save and make money through your system against the initial outlay for equipment and installation, which can run to thousands of pounds.
You should also think about the suitability of the technology for your property and location. Find out more: Feed-in tariff savings and earnings - discover what you could earn.
Mazuma Mobile and MusicMagpie will pay you for other old gadgets including tablets, Kindles and smartwatches. Find out more: mobile phone reviews - our guides will help you pick the perfect replacement for your old tech.
It's almost impossible to estimate the number of old CDs, DVDs, computer games and other home entertainment items there are in the UK, but around 2, tonnes of CDs alone are thrown away each year.
Whether you're upgrading technology or want to revamp your collection, make money recycling old CDs, DVDs and computer games instead of throwing them away.
There are lots of websites that offer instant cash valuations for these items, including Ziffit , CeX and MusicMagpie. Get a value for your item - which needs to be in good working condition - by typing in or scanning its barcode number.
Don't leave unwanted or unread books on the shelf - pass them on to a new home and make some extra money. Websites including Amazon let you sell second-hand books via its virtual bookstores.
Alternatively, you can trade books in for cash instantly using sites such as Ziffit , and MusicMagpie. Alternatively, you could sell your unwanted odds and ends the old-fashioned way - at a car boot sale.
Buyers will expect to pick products up at knock-down prices, but car boot sales are a good opportunity to bulk-sell items unlikely to sell individually online.
You can find your nearest car boot sale by visiting the online car boot sale directory Car Boot Junction. Here are some ideas to get you going.
If you like to share your thoughts with the world on a blog site and you've got a few followers, you could make money out of it. Using Google Adwords you can put advertising on your site and make money every time people click on the ads.
The more people click, the more you make. If you have a creative streak and enjoy making things like soaps, cards, jewellery or other crafts, specialist sites such as Etsy can help you sell them worldwide.
You can also sell things on Ebay of course, or on Gumtree or Preloved. Money Compare content is hosted by Which? Limited on behalf of Which?
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How to make money from your home Recycle for cash Make money from your side hustle. Make your money work harder One of the best ways to make some extra money on top of what you earn is simply to make the money you have work harder.
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