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Another method to make money online is through consulting. If youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business objectives. You might think youre not important enough to consult for large companies, but you might be surprised by the kinds 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 told me that, after he had been blogging for a couple of decades, a couple of brands achieved 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 these gigs annually for a while depending on his schedule and the job involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover he was earning to educate people on the best approaches to use social networking tools such as Facebook and Pinterest to increase their brands. .

If you want to start 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 offer consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll receive compensated for. .

In case you have any ability you can teach others, its possible to prepare an online course you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I 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 applications named Scrivener. Through time, Michael has earned six figures or more annually selling courses that help people attain the kind of success he's earned.

Many 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 clients and accept payments.

Another way to generate money online is by hosting an online podcast. I've got the Great Financial Cents podcast to go along with my blog, and that I use that stage to find new sponsors and advertisers all of 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. That was insanely exciting for me in 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 folks making a lot more click to read 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 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 easiest way to generate 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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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 let you click this upload and choose your publication to print without getting an official publisher involved, and you can even get your book on Amazon.com so people can purchase it there. .

A blogger I get redirected here know named Joseph Hogue includes a thriving site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written a few books he's published online to make an ongoing source of passive income. He says that 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 purchase, this is a smart strategy 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 steps you need to complete to create lead sales work include setting up a website, getting visitors to that site, and making sure you're collecting leads which someone will actually pay for.