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Another way to make money online is through 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 goals. You may think youre not important enough to consult for big companies, but you might be surprised at the kinds of experience people will pay for. .

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 explained that, after he had been blogging for a few years, a couple of brands achieved to him to ask him to get assistance with social websites and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs annually for some time depending on his schedule and the work involved. The best part ishe charged a flat rate that generally worked out to around $100 per hour. And remember, that was cover he was earning to advise people on the best approaches to use social media tools like 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 site enables anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and reserve a session youll receive compensated for. .

In case you have any skill you can teach others, its also possible to set up 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 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 classes, including courses on a writing software named Scrivener. Over time, 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 class materials and utilize the platform to manage customers and accept payments.

Another way to generate money online is by hosting an online podcast. I've got the Great Financial Cents podcast to go along with my blog, and that I use that platform 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 for me in the time since I wasnt sure I'd have the ability to monetize my podcast that much in the beginning. .

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However, there are tons of folks 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 report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

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 simplest 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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While the publishing industry was substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online nowadays. Websites like Create Space will allow you to upload and take your publication 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 blog (My Work from Home Money) and also a thriving book publishing business. Hogue has written several books he's published online to create an ongoing source of passive income. He says he click to investigate averages approximately 685 books sold a 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 wise strategy to consider since the startup prices 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 leads. The main steps that you need to complete 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 really pay for.