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Another way to make money online is via consulting. In case youre an expert in any field, you might 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 with large companies, but you might be amazed at the types of experience 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 told me that, after he had been blogging for a few decades, a couple brands reached out for him to request for assistance with social media and online marketing. .

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Robert said he did an average of 4-6 of those gigs annually for a while depending on his agenda and the job involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, that was cover he had been earning to advise 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 also establish a free account via Clarity.fm. This website lets anyone who wants to provide consulting set up a free profile. Once your profile is initiated, people will find you and reserve a session youll get paid 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. 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 presents several different courses, including courses on a writing applications called Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he's earned.

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

Another way to generate money online is by hosting an online podcast. I've got the Good Financial Cents podcast to go along with my website, and I use that stage to find new sponsors and advertisers all the time.

I still remember getting my 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. This has been insanely exciting to me at the time since I wasnt sure I would be able to monetize my podcast that much in the beginning. .

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However, useful source there are 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 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 simplest way to make 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 used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will allow you to upload and choose your book to print without even getting a formal publisher involved, and you can even get your book on Amazon.com so that people can buy it there. .

A blogger I know named Joseph Hogue has a thriving site (My Work from Home Money) and also a thriving book publishing business. Hogue has written a few books he has published online to create an ongoing source of passive income. He says that he averages about 685 books marketed 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, site this is read this article a smart strategy to consider since the start-up prices can be minimal and you probably already have a computer and word processing software anyway.

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Another way to generate money online is by collecting prospects. The main actions you need to finish to create lead earnings work include setting up a site, getting traffic to this website, and making sure you're collecting leads which someone will really pay for.