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Another method to make money online is via consulting. In case youre an expert in any area, 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 for big companies, but you could be surprised at 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 both sides in an unlikely industry. Robert explained that, after he had been blogging for a couple of decades, a couple brands achieved for him to request for help with social websites 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 job involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And keep in mind, this was pay 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 get started consulting but arent sure what steps to take next, you can also set up a free account through Clarity.fm. This site lets anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and book a session youll get compensated for. .

If you have any ability you can instruct others, its also possible to prepare an online course 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 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 courses, including courses on a writing software named Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he's earned.

Many 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 customers 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 blog, and that I use that stage to find new sponsors and advertisers all the time.

I still remember getting my first sponsor on the podcast and finding out that they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. This was insanely exciting to me at the time since I wasnt sure I'd be able to monetize my podcast which much at first. .

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But, 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 shows most recent income file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats mad.

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 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 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 more info here online these days. Websites like Create Space will let you upload and take your publication to print without even getting an official publisher involved, and you can even get your book on Amazon.com so people can purchase it there. .

A blogger I know named Joseph Hogue has a successful blog (My Work Out of Home Money) and also 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 marketed a month to bring in an average of 1,857 in revenue.

If you think you could write a book people would want to buy, 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 traffic to this website, and making sure you're collecting leads that someone will really pay for.