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Another way to generate 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 might think youre not important enough to consult for large companies, but you could be amazed by the types of expertise people will cover. .

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'd been blogging for a few years, a couple brands achieved to him to ask him to get help with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs annually for some time depending on his agenda and the work 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 he was earning to advise 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 through Clarity.fm. This website 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. .

If you have any skill you can teach others, its possible to set up an online course you can advertise 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 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 many different classes, including courses on a writing applications named Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success he has earned.

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

Another way to make money online is by hosting an online podcast. I have the Great Financial Cents podcast to go along with my website, and I use that platform to find new sponsors and advertisers all 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 brief clip at the beginning of each podcast for 90 days. That has been insanely exciting for me at the time since I wasnt sure I'd be able to monetize my podcast which much in the beginning. .

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But, there are tons of people 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 file, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats mad.

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 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 substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites like see this here Create Space will allow you to 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 buy it there. .

A blogger I know this article named Joseph Hogue includes a thriving site (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 that he averages approximately 685 books sold a month to bring in an average of 1,857 in revenue.

If you think you could write a book people would want to purchase, this is a smart strategy to consider since the start-up costs can be minimal and you most likely 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 steps you need to finish to make lead sales work include setting up a website, getting visitors to this website, and making sure you're collecting leads that someone will actually cover.