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Another way to generate money online is via consulting. In case 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 at 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'd been blogging for a couple of years, a couple brands achieved for him to ask him for assistance with social websites and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs per year for a while 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 cover he had been earning to advise 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 also establish a free account through Clarity.fm. This website enables anyone who wants to provide consulting set up a free profile. Once your profile is set up, people will find you and reserve a session youll receive compensated for. .

If you have any skill you can teach others, its also possible to prepare an online course 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 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. Through time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he has earned.

Most people set up their online course through a platform like Teachable.com. Together with Teachable, you can upload your course materials and use the platform to manage customers 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 website, and 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 they were willing to pay $8,000 for me to include a brief clip at the beginning of each podcast article for 90 days. That was insanely exciting to me in 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 own 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 crazy.

The real key to getting ahead 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 make money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it's still worth considering. .

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While the publishing industry was heavy in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites such as Create Space will let you upload and choose your publication to print without even getting a formal publisher go right here 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 site (My Work from Home Money) and also a thriving book publishing business. More hints Hogue has written several books he has published online to create an ongoing source of passive income. He says that he averages about 685 books sold per month to bring in an average of 1,857 in revenue.

If you think you could write a book people would want to purchase, this is a smart strategy to consider since the startup costs can be minimal and you most likely already have a computer and word processing software anyway.

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