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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 big companies, but you might be amazed by 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 explained that, after he had been blogging for a couple of decades, a couple of brands achieved for him to request for help with social websites and online marketing. .

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Robert said he'd an average of 4-6 of those gigs annually for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay that he had been earning to advise people on the best approaches to use social networking tools such as 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 site enables anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll receive compensated for. .

If you have any ability you can teach others, its also possible to set up an online course you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even provide 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 software named Scrivener. Over the years, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success he has earned.

Many people set up their online course by means of a platform like 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 website, and I use that platform to find new sponsors and advertisers all of 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 short clip at the beginning of each podcast for 90 days. This was insanely exciting to 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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However, there article are tons of folks making a lot more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the shows most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The real 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 make 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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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 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 has a successful blog (My Work Out of Home Money) and also a thriving book publishing business. Hogue has written several books he has published online to make an ongoing source of passive income. He says he averages about 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 buy, this is a smart strategy to consider since the startup prices can be minimal and you most likely already have a computer and word processing applications anyway.

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Another way to make money online is by collecting prospects. The main steps you need to complete to create lead earnings work include setting up a website, getting traffic to that site, and making sure you're collecting leads that someone will actually cover.