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Another method to make money online is via consulting. In case youre an expert in any area, you could 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 with large companies, but you could be surprised by 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 had been blogging for a couple of years, a couple brands reached out for him to request for help with social websites and online marketing. .

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Robert stated he did an average of 4-6 of those gigs annually for some time 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 pay he was earning to advise people on the best ways 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 even establish a free account via 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 get paid for. .

If you have any ability you can instruct 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 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 classes, including classes on a writing software called Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help individuals achieve 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 class materials and utilize the platform to manage clients 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 blog, and I use that platform 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 brief clip at the beginning of each podcast for 90 days. That was insanely exciting for 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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But, there are tons of people making a lot more than me on their own podcasts. Take the Entrepreneur On Fire Podcast hosted by visit this site right here John Lee Dumas. According to the shows most recent income file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats mad.

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 a podcast, but it is still worth considering. .

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Even though the publishing industry was substantial in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites like Create Space will let you upload and choose your publication to print without even getting an official publisher involved, and you can even get your book on Amazon.com so that people can purchase it there. .

A blogger I know named Joseph Hogue includes a thriving site (My Work Out of Home Money) and also a thriving book publishing business. Hogue has written a few books he has published online to create an ongoing source of passive income. He says that 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 to purchase, this is a wise way to consider since the startup costs 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 actions you need to complete to create lead sales work include setting up a site, getting traffic to that site, and making sure you're collecting leads which someone will actually cover.