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Another method to generate money online is through consulting. In case youre an expert in any field, you could 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 could be surprised by the types of expertise people will pay for. .

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'd been blogging for a few decades, a couple brands achieved to him to ask him to get help with social websites and online marketing. .

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Robert said he'd an average of 4-6 of these gigs per year for a while depending on his agenda and the work involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover he had been 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 also establish a free account via Clarity.fm. This site lets 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 receive compensated for. .

In case you have any skill you can teach others, its possible to prepare an online class you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I 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 several different courses, including courses on a writing software called Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he has earned.

Most people set their online course by means of a platform such as Teachable.com. Together 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 platform to find new sponsors and advertisers all the time.

I remember getting my first sponsor on the podcast and click resources 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 has been insanely exciting to 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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But, there are tons of people making far more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays 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 forward with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isnt the easiest way to generate money see this page online since there are a lot 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 heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online nowadays. Websites like Create Space will let you site web upload and take your publication to print without even getting an official publisher involved, and you can even get your book on Amazon.com so people can purchase it there. .

A blogger I know named Joseph Hogue includes a successful blog (My Work from Home Money) and a thriving book publishing business. Hogue has written several 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 novel people would want to purchase, 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 applications anyway.

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