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Another way to make money online is through consulting. If youre an expert in any area, you could 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 large companies, but you might be surprised by the types of experience people will pay for. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on both sides in an unlikely industry. Robert explained that, after he had been blogging for a couple of years, a couple brands achieved for him to request for assistance with social media and online marketing. .

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Robert said he'd an average of 4-6 of these gigs annually for some time 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 remember, that was pay he had been earning to educate people on the best approaches to use social networking tools such as Facebook and Pinterest to grow their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even establish 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 receive compensated for. .

In case you have any ability you can instruct others, its also 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. HeckI 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 offers several different classes, including courses on a writing software called Scrivener. Over time, Michael has earned six figures or more annually selling classes that help individuals attain the kind of success he has earned.

Most people set up their online course by means of a platform such as Teachable.com. Together with Teachable, you can upload your course materials and use the platform to manage clients 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 I use that platform to find new sponsors and advertisers all the time.

I remember getting my additional resources 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 to me in the time since I wasnt sure I'd have the ability to monetize my podcast which much in the beginning. .

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However, there are tons of folks making far more than me on their own podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to a knockout post 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 simplest 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 was substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will allow you to upload and take your book to print without 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 Work Out of 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 try this website that 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 smart 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 make money online is by collecting leads. The main actions that you need to complete to make lead sales work include setting up a site, getting visitors to that site, and making sure you're collecting leads that someone will really pay for.