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Another way to make money online is through 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 might think youre not important enough to consult with big companies, but you could be amazed at 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 reached out for him to ask him to get help with social websites and online marketing. .

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Robert stated he did an average of 4-6 of those gigs per year for some time depending on his schedule and the job 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 pay that he was earning to educate 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 also set up a free account via Clarity.fm. This website lets anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and reserve a session youll get paid for. .

If you have any skill you can instruct others, its possible to prepare 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 offer my own path for financial advisers 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 courses, including courses on a writing software called Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success he's earned.

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Many people set their online course through a platform such as Teachable.com. With Teachable, you can upload your class materials and use the platform to manage clients 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 website, and that I use that platform to find new sponsors and advertisers all of the time.

I 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 for me in the time since I wasnt sure I would have the ability to monetize my podcast which much at go to my site first. .

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However, there are tons of people 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 file, this podcast introduced 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 to 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's still worth considering. .

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Even though the publishing industry was substantial in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will let you upload and take 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 includes a thriving blog (My navigate here Work Out of Home Money) and a thriving book publishing business. Hogue has written a few books he has published online to make an ongoing source of passive income. He says he averages about 685 books sold a month to bring in an average of 1,857 in revenue.

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If you think you could write a book people would want to buy, this is a smart strategy to consider since the startup prices 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 you need to complete to create lead earnings work include setting up a website, getting visitors to this site, and making sure you're collecting leads which someone will really cover.

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