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Another method to generate money online is through consulting. In case youre an expert in any field, 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 with big companies, but you might be surprised by 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 had been blogging for a few decades, a couple of brands achieved to him to request to get assistance with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs per year for a while depending on his agenda and the work involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay that he was earning to educate people on the best ways to use social networking tools such as Facebook and Pinterest to grow their brands. .

If you want to start consulting but arent sure what steps to take next, you can even set up a free account through Clarity.fm. This website enables anyone who wants to provide consulting set up a free profile. Once your profile is initiated, people will find you and book 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 classes that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own course for financial advisors 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 presents several different classes, including courses on a writing applications called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success address 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 have 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 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 has been insanely exciting to me in the time since I wasnt sure I would have the ability to monetize my podcast that much in the beginning. .

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However, there are check tons of people making a lot 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 brought 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 with sponsors. This isnt the easiest 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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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 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 buy it there. .

A blogger I know named Joseph Hogue has a successful blog (My Work from Home Money) and a thriving book publishing business. Hogue has written a few books he's published online to create an ongoing source of passive income. He says that he averages about 685 books sold per 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 strategy to consider since the start-up costs can be minimal and you Learn More Here probably already have a computer and word processing applications anyway.

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Another way to make money online is by collecting prospects. The main actions you need to complete to create lead sales work include setting up a website, getting visitors to this site, and making sure you're collecting leads that someone will really pay for.