Earning: Similar to selling your freelance services, you can also start selling your knowledge and advice in an area you specialize in as a coach or consultant. If you can bill yourself as an expert, there are tons of people out there willing to pay for your time.
Being an online coach or consultant is a great way to make money online, as instead of giving your client ongoing deliverables (like when you’re a freelancer), you’re teaching them to be better, faster, stronger than the competition. Your expertise becomes the product you’re selling.
Even better, if you can find ways to package your experience and coaching skills into an easily digestible program, you have the potential to significantly scale this business model.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
And while it’s one of the most limited businesses as you’re only able to charge for the time you can provide, many online coaches make hundreds or even thousands for their packages.
It’s also one of the quickest ways you can get set up and start generating revenue. All you really need is an account with one of the online coaching communities I mentioned above and expertise to share.