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Another way to make money online is via consulting. If 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 for big companies, but you might be surprised at 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 both sides in an unlikely industry. Robert told me that, after he had been blogging for a few decades, a couple brands reached out for him to ask him to get assistance with social websites and online marketing. .

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Robert stated he did an average of 4-6 of these gigs per year for some time depending on his schedule and the job involved. The best part ishe billed a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay that he was 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 set up a free account through Clarity.fm. This site enables 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 get paid for. .

If you have any skill you can instruct others, its possible to set up an online class you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI even provide my own course 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 many click for more different courses, including courses on a writing applications named Scrivener. Over the years, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he's earned.

Most people set their online course by means of a platform such as Teachable.com. Together with Teachable, you can upload your course materials and utilize the platform to manage customers and accept payments.

Another way to generate money online is by hosting an online podcast. I have the Great Financial Cents podcast to go along with my blog, 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 brief clip at the beginning of each podcast for 90 days. This was insanely exciting to me in the time since go now 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 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 forward with podcasting is finding your niche, growing an audience, and then finding ways to click here now monetize and connect with sponsors. This isnt the easiest way to generate 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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Even though the publishing industry used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. Websites such as 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 Amazon.com so that people can purchase it there. .

A blogger I know named Joseph Hogue has a thriving blog (My Work from 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 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 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 this site, and making sure you're collecting leads that someone will actually pay for.