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Another way to make money online is through consulting. In case youre an expert in any area, you could potentially find people willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult for large companies, but you could be amazed at the kinds of experience people will pay for. .

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 told me that, after he'd been blogging for a couple of years, a couple of brands reached out to him to request for assistance with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs annually for a while depending on his schedule and the work 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 was earning to advise people on the best ways to use social media 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 via 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 book a session youll get compensated for. .

In case you have any skill you can teach others, its also possible to set up 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 provide my own path for financial advisers 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 presents many different classes, including courses on a writing applications called Scrivener. Over the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he's earned.

Most people set their online course through 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've got the Good Financial Cents podcast to go along great site with my blog, and that 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 brief clip at the beginning of each podcast for 90 days. That has been insanely exciting to me in the time since I wasnt sure I would have the ability 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 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 generate money online since there are a great deal of logistics that go into writing, recording, and editing 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 publication online these days. Websites like Create Space will allow you to upload and take your book to print without 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 Joseph Hogue has a successful site (My Work from Home Money) and a thriving book publishing business. the original source Hogue has written several books he's published online to make an ongoing source of passive income. He says he averages about 685 books sold 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 prices a knockout post can be minimal and you most likely already have a computer and word processing applications anyway.

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Another way to generate money online is by collecting prospects. The main actions that you need to complete to make lead sales work include setting up a website, getting traffic to this website, and making sure you're collecting leads that someone will actually cover.