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Another method to make money online is through consulting. In case youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult for large companies, but you could be amazed at the types of experience people will cover. .

My colleague Robert Farrington of The College Investor is a fantastic 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 years, a couple of brands achieved for him to ask him to get help with social media and online marketing. .

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Robert said he did an average of 4-6 of these gigs annually for a while depending on his agenda and the job involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, this was cover that he had been earning to advise people on the best approaches to use social media tools such as Facebook and Pinterest to increase their brands. .

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

In case you have any ability you can instruct 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 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 presents many different classes, including classes on a writing software named Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he has earned.

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Most people set their online course through a platform like 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 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 short clip at the beginning of each podcast for 90 days. That has been insanely exciting to me at the time since I wasnt sure I would be able to monetize my podcast which much in the beginning. .

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However, 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 displays most recent income file, this podcast brought in a find more information net income of over $400,000 in March 2018. Now, thats crazy.

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 generate money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it is still worth considering. .

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Even though the publishing industry was heavy in print, you can finish the entire process of writing, publishing, and marketing a book online these days. Websites check my source such as Create Space will let you upload and choose your book to print without even 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 includes a successful 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 he averages about 685 books marketed a month to bring in an average of $1,857 in revenue.

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If you think you could write a novel people would want to purchase, this is a smart way to consider since the start-up prices can be minimal and you probably already have a computer and word processing software anyway.

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

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