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Another method to generate money online is through consulting. In case youre an expert in any area, you might potentially find individuals 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 could be amazed at 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 told me that, after he had been blogging for a couple of years, a couple brands achieved for him to ask him to get help with social media and online marketing. .

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Robert said he'd an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, that was pay he was earning to advise people on the best ways to use social media tools like Facebook and Pinterest to grow their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even establish a free account via Clarity.fm. This website enables anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and reserve a session youll receive paid for. .

If you have any ability you can teach others, its possible to prepare an online class you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own course for financial advisers 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 courses, including courses on a writing software named Scrivener. Through time, Michael has earned six figures or more annually selling classes that help people attain the kind of success he's earned.

Most people set their online course by means of a platform such as Teachable.com. Together 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 go to this website the Great Financial Cents podcast to go along with my website, and that 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 was insanely exciting to me in the time since I wasnt sure I'd 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 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 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's still worth considering. .

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Even though the publishing check my reference industry used to be heavy in print, you can finish 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 a formal 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 Out of Home Money) and a thriving book publishing business. Hogue has written several books he's published online to create an ongoing source of passive income. He says that he averages about 685 books sold a month to bring in an average of $1,857 in revenue.

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

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Another way to make money online is by collecting leads. The main actions that you need to finish to make lead earnings work include setting up a site, getting visitors to that site, and making sure you're collecting leads which someone will actually cover.