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Another way to make money online is through consulting. If youre an expert in any field, you could 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 for big companies, but you might be amazed at the kinds of expertise people will pay for. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on both sides in an unlikely industry. Robert explained that, after he'd been blogging for a couple of years, a couple of brands achieved for him to request for help with social media and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs per year for some time depending on his agenda and the job involved. The best part ishe billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover that he had been earning to advise people on the best approaches to use social networking tools such as Facebook and Pinterest to grow their brands. .

If you want to start consulting but arent sure what steps to take next, you can even establish a free account via Clarity.fm. This site lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and book a session youll receive compensated for. .

If you have any skill you can teach others, its possible to set up an online class you can advertise online. You can find online classes 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 classes on a writing software named Scrivener. Over time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he has earned.

Most people set their online course by means of a platform such as Teachable.com. With Teachable, you can upload your course materials and use the platform to manage clients and accept payments.

Another way to generate money online is by hosting an online podcast. I've got the Great Financial Cents podcast to go along with my website, and that I use that stage to find new sponsors and advertisers all 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 short clip at the beginning of each podcast for 90 days. That was insanely exciting to me at the time since I wasnt sure I would have the ability to monetize my podcast that much in the beginning. .

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

The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isnt the simplest way to generate money online since there are a great deal of see here logistics that go into writing, recording, and editing a podcast, but it's still worth considering. .

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Even though the publishing industry was substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites such as 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.com so people can buy it there. .

A blogger I know named Joseph Hogue has a successful site (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 he averages approximately 685 books sold per month to bring in an average of $1,857 in revenue.

If you think you could write a novel people would want to purchase, this is a smart way to consider since the startup costs can be minimal and you probably 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 that you need to complete to create lead sales work include setting up a website, getting visitors to that site, and making sure you're collecting leads which someone will actually cover.