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Another way to generate money online is via consulting. In case youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business goals. You may think youre not important enough to consult with big companies, but you might be surprised at the kinds of experience people will cover. .

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 had been blogging for a couple of decades, a couple of brands achieved to 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 these gigs annually for a while depending on his agenda and the work involved. The best part ishe charged a flat rate that generally worked out to around $100 per hour. And keep in mind, that was pay that he had been earning to educate people on the best ways to use social networking tools like Facebook and Pinterest to increase their brands. .

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

In case you have any skill you can instruct 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 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 many different courses, including classes on a writing software called Scrivener. Through the years, Michael has earned six figures or more annually selling classes that help people attain the kind of success he has earned.

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Many people set their online course by means of a platform such as Teachable.com. 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 that I use that platform to find new sponsors and advertisers all 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. This was insanely exciting for me in the time since I wasnt sure I'd be able to monetize my podcast which much at first. .

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However, there are tons of folks 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 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 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's still worth considering. .

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Even though the publishing industry used to be substantial 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 take your book to print without even getting a formal publisher involved, and you can even get your book on Homepage Amazon.com so people can purchase it there. .

A blogger I know named Joseph Hogue has a successful site (My Work Out of Home Money) and 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.

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If you think you could write a novel people would want to purchase, this is a wise 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 complete to make lead earnings work include setting up a website, getting visitors to that site, and making sure you're collecting leads that someone will actually pay for.

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