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Another method to generate money online is through consulting. In case 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 with large companies, but you might be surprised 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 for him to request to get help with social media and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs per year for some time depending on his agenda and the work involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover that he was earning to educate people on the best approaches to use social media tools like Facebook and Pinterest to grow their brands. .

If you want to start consulting but arent sure what steps to take next, you can even establish a free account through Clarity.fm. This website enables anyone who wants to offer consulting set up a free profile. Once your profile is initiated, people will find you and book a session youll receive paid for. .

If you have any ability you can instruct others, its also possible to set up an online class you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own course 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 offers several different classes, including courses on a writing applications called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help people attain the kind of success he has earned.

Many people set up their online course through a platform such as 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 blog, and I use that stage to find new sponsors and advertisers all the time.

I still 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 was insanely exciting for me in the time since I wasnt sure I'd have the ability to monetize my podcast that much in the beginning. .

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However, there are tons of folks making far more than me on description their own podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income file, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats mad.

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 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 was heavy 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 publication 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 includes a their website successful blog (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 about 685 books marketed per month to bring in an average of 1,857 in revenue.

If you think you could write a novel people would want to buy, this is a smart strategy to consider since the start-up costs can be minimal and you most likely already have a computer and word processing software anyway.

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Another way to make money online is by collecting leads. The main actions you need to finish to create lead sales work include setting up a website, getting visitors to that website, and making sure you're collecting leads that someone will actually pay for.