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Another method to make 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 objectives. You may think youre not important enough to consult with big companies, but you could be amazed at the types of expertise 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 told me that, after he had been blogging for a couple of years, a couple brands achieved to 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 those gigs per year for a while depending on his schedule and the job involved. The best part is, he billed a flat rate that usually worked out to around $100 per hour. And remember, this was cover he had been earning to advise people on the best ways 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 website lets anyone who wants to provide consulting set up a free profile. Once your profile is initiated, people will find you and book a session youll receive compensated for. .

In case you have any skill you can teach others, its also 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 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 presents several different courses, including classes on a writing software called Scrivener. Over the years, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success he has earned.

Most people set their online course by means read the full info here of a platform such as Teachable.com. With Teachable, you can upload your class materials and utilize the platform to manage customers and accept payments.

Another way to generate money online is by hosting an online podcast. I've got the Good Financial Cents podcast to go along with my blog, and I use that platform to find new sponsors and advertisers all of the time.

I 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 would have the ability to monetize my podcast that much in the beginning. .

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However, there are tons of people making far 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 introduced 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 generate money online since there are a lot of logistics that go into writing, recording, and editing click now a podcast, but it's still worth considering. .

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Even though the publishing industry used to be substantial in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites like Create Space will allow you to upload and take your book to print without even getting an official 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 includes a thriving 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 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 smart way to consider since the start-up 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 complete to make lead sales work include setting up a website, getting traffic to that website, and making sure you're collecting leads which someone will actually pay for.