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Another way to generate money online is via consulting. If 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 might think youre not important enough to consult for big companies, but you could be surprised 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 both sides in an unlikely industry. Robert explained that, after he'd been blogging for a couple of decades, a couple brands reached out to him to ask him to get assistance with social media and online marketing. .

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Robert said he'd an average of 4-6 of these gigs annually for a while depending on his schedule 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, that was cover that he was earning to advise people on the best approaches to use social media tools such as Facebook and Pinterest to grow their brands. .

If you want to start 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 receive paid for. .

In case you have any skill you can instruct others, its possible to set up an online class you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own path 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 time, Michael has earned six figures or this page more annually selling classes that help individuals achieve the kind of success he has earned.

Many people set their online course by means of a platform like Teachable.com. Together with Teachable, you can upload your course materials and utilize the platform to manage clients and accept payments.

Another way to make 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 stage 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 have the ability to monetize my podcast that much at first. .

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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 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 simplest way to make 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 substantial in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. Websites such as Create Space will let you upload and choose your publication to print without even getting a formal publisher 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 blog (My Work from Home Money) and a thriving book publishing business. Hogue has written several books he has published online to create an ongoing source of passive income. He says he averages approximately 685 books marketed per month to bring in an average of $1,857 in revenue.

If you think you could write a book people would want Learn More Here to buy, this is a wise 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 make money online is by collecting leads. The main actions that you need to finish to make lead sales work include setting up a site, getting traffic to that site, and making sure you're collecting leads which someone will really pay for.