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Another method to make money online is via consulting. In case youre an expert in any field, 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 for large companies, but you could be surprised by the types of experience 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 told me that, after he had been blogging for a couple of decades, a couple of brands achieved for him to request to get assistance with social websites and online marketing. .

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Robert stated 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 ishe billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover he was earning to advise people on the best ways to use social media 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 through Clarity.fm. This website lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and book a session youll get paid for. .

If you have any skill you can teach others, its also possible to set up an online course you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own course for financial advisors 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 time, Michael has earned six figures or more annually selling classes that help people attain the kind of success he's earned.

Most people set 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 generate money online is by hosting an online podcast. I've got the Great Financial Cents podcast to go along with my blog, and that 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 they were willing to pay $8,000 for me to include a short 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 which much in the beginning. .

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But, there are tons of folks making a lot more than me on their own podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income report, blog here this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The real 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 make money 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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While the publishing industry was heavy in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will allow you to 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 that people can purchase it there. .

A blogger I know named Joseph Hogue has a thriving site (My Work from Home Money) and also a thriving book publishing business. Hogue has written a few click over here books he has published online to make 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 novel people would want to buy, this is a wise way to consider since the start-up 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 steps that you need to complete to create lead earnings work include setting up a website, getting visitors to that site, and making sure you're collecting leads which someone will actually cover.