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Another method 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 could be amazed by the types of expertise 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 explained that, after he had been blogging for a couple of years, a couple brands achieved to him to request for assistance with social media and online marketing. .

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Robert stated he'd an average of 4-6 of these gigs annually for some time depending on his agenda and the work involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay he had been earning to advise people on the best ways 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 even set up a free account through Clarity.fm. This website 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 instruct others, its possible to prepare an online class you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own path 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 many different courses, including courses on a writing software named Scrivener. Over time, 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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Many people set 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 customers and accept payments.

Another way to generate money online is by hosting an online podcast. I have 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 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 for me in the time since I wasnt sure I would be able to monetize my podcast which much at first. .

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However, there are tons of people making a lot more than me on their own podcasts. Take the Entrepreneur On internet Fire Podcast hosted by John Lee Dumas. According to the displays most recent income file, this podcast brought 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 and connect to sponsors. This isnt the easiest way to generate money online since there are a great deal of logistics that go into writing, recording, and editing a podcast, but it is still worth considering. .

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While 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 such as Create Space will let you upload and take your publication to print without getting an official publisher involved, and you can even get your book on Amazon.com so important site people can purchase it there. .

A blogger I know named Joseph Hogue includes a thriving site (My Work Get More Info Out of Home Money) and a thriving book publishing business. Hogue has written several books he's published online to make an ongoing source of passive income. He says he averages approximately 685 books sold 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 wise strategy to consider since the startup 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 steps you need to finish to create lead sales work include setting up a website, getting traffic to this site, and making sure you're collecting leads that someone will actually cover.

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