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Another way to generate money online is via consulting. In case youre an expert in any area, you might potentially find individuals willing to pay you to counsel them on their personal or business objectives. You may think youre not important enough to consult for big companies, but you might be amazed by the types of expertise people will pay for. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on the side in an unlikely industry. Robert explained that, after he'd been blogging for a few years, a couple brands achieved for him to request to get help with social websites and online marketing. .

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Robert said he'd an average of 4-6 of these gigs per year for some time depending on his schedule and the job involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And remember, that was pay that he was earning to educate people on the best ways to use social media 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 even set up 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 get paid for. .

If you have any ability you can teach others, its also possible to prepare an online class you can market 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 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 courses, including courses on a writing applications named Scrivener. Through time, Michael has earned six figures or more annually selling classes that help people attain 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 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 blog, and that I use that stage 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 for me in the time since I wasnt sure I'd have the ability to monetize my podcast which 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 file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The real key to getting forward with podcasting is finding your niche, growing an audience, Homepage and then finding ways to monetize and connect to sponsors. This isnt the easiest 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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Even though the publishing industry used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online nowadays. Websites such as Create Space will allow you to upload and take your book 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 successful site (My Work Out of Home Money) and 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 he averages about 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 purchase, this is a wise way to consider since the start-up costs can be minimal and you most likely already have a computer and word processing applications anyway.

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