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Another method to make money online is via consulting. If youre an expert in any field, you could 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 with large companies, but you could be amazed at 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 told me that, after he'd been blogging for a few years, a couple brands reached out to him to request for assistance with social media and online marketing. .

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Robert stated he did an average of 4-6 of those gigs annually for a while depending on his agenda and the work involved. The best part ishe 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 advise people on the best approaches to use social networking 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 establish a free account through Clarity.fm. This website lets anyone who wants to provide consulting setup a free profile. Once your profile is set up, people will find you and reserve a session youll receive paid for. .

In case you have any ability you can teach others, its also possible to prepare an online course you can market 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 presents many different classes, including courses on a writing software called Scrivener. Over time, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success he's earned.

Most people set up 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 clients 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 blog, and I use that stage to find new sponsors and advertisers More about the author 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 Click Here to include a short clip at the beginning of each podcast for 90 days. That has been insanely exciting to me in the time since I wasnt sure I would have the ability to monetize my podcast which much in the beginning. .

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However, 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 report, this podcast brought 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 with 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 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 choose your book to print without 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 Recommended Site includes a thriving site (My Work from Home Money) and 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 per 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 wise strategy to consider since the start-up costs can be minimal and you probably already have a computer and word processing software anyway.

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