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Another method to make money online is via consulting. If youre an expert in any field, you might potentially find individuals willing to pay you to counsel them on their personal or business goals. You may think youre not important enough to consult with large companies, but you might be amazed by the kinds of experience people will pay for. .

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 few decades, a couple brands achieved for him to ask him to get assistance with social media and online marketing. .

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Robert stated he did an average of 4-6 of these gigs annually for some time depending on his agenda and the job involved. The best part ishe charged a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay that he was earning to educate people on the best approaches to use social networking tools like Facebook and Pinterest to increase their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even set up a free account via Clarity.fm. This site 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. .

In case you have any ability you can teach others, its possible to prepare an online course you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI even provide my own course for financial advisors 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 classes, including classes on a writing software named Scrivener. Over 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 up their online course by means of a platform such as Teachable.com. Together with Teachable, you can upload your class materials and use the platform to manage clients and accept payments.

Another way to generate money online is by hosting an online podcast. I have the Good Financial Cents podcast to go along with my website, 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. This has been insanely exciting for me at the time since I wasnt sure I would have the ability to monetize my podcast that much at first. .

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

The real key to getting forward with podcasting is finding your niche, growing an audience, and then finding ways to monetize check my reference and connect with sponsors. This isnt the easiest way to make money online since there are a great deal 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 industry used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a book online these days. Websites like Create Space will allow you to upload and take your book to print without even getting an official 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 blog (My Work Out of Home Money) and 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 that he averages approximately 685 books sold a 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 wise strategy to consider since the start-up prices can be minimal and you most likely already have a computer and word processing applications anyway.

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Another way to generate money online Web Site is by collecting leads. The main actions you need to finish to create lead earnings work include setting up a site, getting traffic to this website, and making sure you're collecting leads which someone will actually pay for.