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Another way 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 might be amazed by the types of experience 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 decades, a couple of brands achieved for him to ask him for assistance 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 is, he charged a flat rate that usually worked out to around $100 per hour. And keep in mind, that was cover he had been earning to educate people on the best ways to use social networking tools such as 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 lets anyone who wants to offer consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll get paid for. .

In case you have any skill 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. Heck, I even provide 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 several different classes, including classes on a writing applications named Scrivener. Through time, Michael has earned six figures or more annually selling classes that help individuals attain the kind of success he's earned.

Most people set up their online course by means 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 make money online is by hosting an online podcast. I have the Good Financial Cents podcast to go along with my blog, and 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 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 to me in the time since I wasnt sure I'd have the ability to monetize my podcast which much in the beginning. .

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But, there are tons of folks use this link 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 brought in a net income of over $400,000 in March 2018. Now, thats mad.

The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with 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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While the publishing industry used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will let you upload and choose your book to print without even getting a formal 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 site (My Work from Home Money) and also 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 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 buy, this is a wise 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 prospects. The main steps you need to finish to make lead sales work include setting up a site, getting visitors to that site, and making sure you're collecting leads that someone will actually pay for.