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Another way to generate money online is through consulting. In case youre an expert in any area, 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 with large 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 fantastic example of someone who consulted online on the side in an unlikely industry. Robert explained that, after he had been blogging for a few decades, a couple of brands reached out for him to ask him to get help with social websites and online marketing. .

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Robert stated he'd an average of 4-6 of these gigs per year for a while depending on his agenda and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, that was pay that he was earning to educate 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 establish a free account via Clarity.fm. This site enables anyone who wants to offer consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll receive compensated for. .

In case you have any ability you can instruct others, its possible to prepare an online class you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own course for financial advisors 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 presents several different courses, including classes on a writing applications called Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he's earned.

Many 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 clients and accept payments.

Another way to make money online is by hosting an online podcast. I have the Great Financial Cents podcast to go along with my blog, and that I use that platform 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. This has been insanely exciting for me at the time since I wasnt sure I'd be able to monetize my podcast which much in the beginning. .

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However, there are tons of folks making far more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income report, this podcast introduced 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 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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Even though the publishing industry was substantial in print, you can finish the additional info entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will let you upload and take your publication 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 this link Joseph Hogue includes a successful site (My Work from Home Money) and also 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 about 685 books marketed 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 way to consider since the startup costs can be minimal and you probably 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 you need to complete to make lead sales work include setting up a website, getting visitors to this site, and making sure you're collecting leads that someone will really cover.