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Another method to make money online is through consulting. If youre an expert in any area, you could potentially find people willing to pay you to counsel them on their personal or business objectives. You might think youre not important enough to consult with big companies, but you might be surprised by the kinds 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 couple of decades, a couple of brands achieved for him to ask him for assistance with social media and online marketing. .

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Robert said he did an average of 4-6 of these gigs annually for some time depending on his agenda and the job involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover he was earning to advise people on the best ways 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 even establish a free account via Clarity.fm. This website enables anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll receive compensated for. .

If 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. Heck, I even offer 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 several different classes, including courses on a writing applications called Scrivener. Over time, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he has earned.

Many people set their online course through a platform such as Teachable.com. Together with Teachable, you can upload your class 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 that I use that platform to find new sponsors and advertisers all of 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 has been insanely exciting to me in the time since I wasnt sure I would be able to monetize my podcast which much at first. .

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But, 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 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, her comment is here 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 like Create Space will allow you to upload and take your book to print without getting an official 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 successful site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written several books he's published online to create an ongoing source of passive income. He find out here 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, this is a smart 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 generate money online is by collecting leads. The main steps that you need to complete to make lead sales work include setting up a website, getting visitors to this website, and making sure you're collecting leads which someone will actually pay for.