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Another method to make 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 types 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 few decades, a couple of brands reached out for him to ask him for help with social websites and online marketing. .

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Robert said he'd an average of 4-6 of these gigs per year for some time depending on his agenda and the job involved. The best part is, he 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 advise people on the best approaches to use social media tools like Facebook and Pinterest to grow 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 site lets anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll receive compensated for. .

In case you have any ability you can teach others, its also possible to set up an online class you can advertise online. You can find online courses 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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Last year, I profiled my friend Joseph Michael of Easy Course Creation. Michael presents several different classes, including classes on a writing applications named Scrivener. Over the years, Michael has earned six figures or more annually selling courses that help people attain the kind of success he's earned.

Most people set up their online course through a platform such as 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've got the Good Financial Cents podcast to go along with my blog, and I use that platform to find new sponsors and advertisers all the time.

I still remember getting find out here 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. That was insanely exciting to me at the time since I wasnt sure I'd have the ability to monetize my podcast which much at first. .

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However, 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 report, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats mad.

The 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 generate money online since there are a lot 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 was substantial in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites such as Create Space will allow you to upload and choose your publication to print without even getting a formal publisher involved, and you can even get your book on Amazon.com so people can buy it there. .

A redirected here blogger I know named Joseph Hogue includes a thriving blog (My Work from Home Money) and a thriving book publishing business. Hogue has written a few books he has published online to create an ongoing source of passive income. He says he averages approximately 685 books marketed a month to bring in an average of $1,857 in revenue.

If you think you could write a book 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 applications anyway.

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Another way to generate money online is by collecting leads. The main actions you need to finish to make lead sales work include setting up a site, getting visitors to that site, and making sure you're collecting leads which someone will really cover.