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Another method to generate 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 for large companies, but you could be amazed at the kinds of expertise people will cover. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on the side in an unlikely industry. Robert explained that, after he'd been blogging for a couple of years, a couple brands reached out for him to request 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 schedule and the job involved. The best part is, he billed a flat rate that usually 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 such as Facebook and Pinterest to increase their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even set up a free account through Clarity.fm. This site lets 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 receive paid for. .

In case you have any skill you can instruct others, its also possible to set up 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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Last year, I profiled my friend Joseph Michael of Easy Course Creation. Michael offers many different classes, including courses 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 course materials and find more info use 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 website, and I use that platform to find new sponsors and advertisers all 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 has been insanely exciting to me at the time since I wasnt sure I would be able to monetize my podcast have a peek at these guys which much in the beginning. .

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But, 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 the shows most recent income file, this read the full info here podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The 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 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 heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will let you upload and take your publication to print without even getting an official 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 Out of Home Money) and a thriving book publishing business. Hogue has written several books he's published online to make an ongoing source of passive income. He says that he averages approximately 685 books sold per 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 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 complete to make lead earnings work include setting up a site, getting traffic to this website, and making sure you're collecting leads that someone will really pay for.