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Another way to make money online is via consulting. In case youre an expert in any field, you could potentially find individuals willing to pay you to counsel them on their personal or business objectives. You may think youre not important enough to consult for large companies, but you might be surprised by the kinds 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 told me that, after he'd been blogging for a few decades, a couple of brands reached out to him to request for help with social websites and online marketing. .

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Robert stated he did an average of 4-6 of those gigs per year for a while depending on his schedule and the job involved. The best part ishe 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 networking tools like Facebook and Pinterest to increase their brands. .

If you want to start consulting but arent sure what steps to take next, you can even set up a free account via Clarity.fm. This site lets 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. .

If you have any ability you can teach others, its possible to prepare an online course you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI 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 presents several different courses, including classes on a writing applications named Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he's earned.

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

I remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to include a brief clip at the beginning of each podcast for 90 days. That was insanely exciting to me at the time since I wasnt why not try these out 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 a lot 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 key to getting forward with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect to sponsors. This isnt the easiest way to generate money online since there are a great deal 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 publication online these days. Websites such as Create Space will let you 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 has a successful 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 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 book people would want to buy, this is a wise strategy to consider since the startup costs can be minimal and you most likely 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 this site, and making sure you're collecting leads that someone will actually cover.