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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 individuals willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult for large companies, but you could be surprised by the types of expertise people will cover. .

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 had been blogging for a few decades, a couple of brands achieved 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 generally worked out to around $100 per hour. And keep in mind, this was cover that he had been 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 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 compensated for. .

In case you have any skill you can teach others, its possible to set up an online course you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even provide 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 offers many different classes, including classes on a writing software called Scrivener. Through the years, Michael has earned six figures or more annually selling classes that help individuals attain the kind of success he's earned.

Most people set up their online course by means of a platform such as Teachable.com. With Teachable, you can upload your class materials and use the platform to manage clients 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 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 short clip at the beginning of each podcast for 90 days. This was insanely exciting for me in the time since I wasnt sure I would be able to monetize my podcast that 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 file, this podcast introduced 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 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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Even though the publishing industry used to be substantial 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 publication to print without getting a formal 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 includes a thriving site (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 he 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 smart strategy to consider since the startup prices can be minimal and you probably already have a computer and word processing applications anyway.

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Another way to make money online is by collecting leads. The main steps best site you need to finish to create lead sales work include setting up a site, getting visitors to that website, and making sure you're collecting leads which someone will actually cover.