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Another method to make money online is through consulting. In case 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 could be amazed at the kinds of experience people will cover. .

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 had been blogging for a few years, a couple of brands reached out to him to request to get help 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 is, he billed a flat rate that generally worked out to around $100 per hour. And remember, that was pay that he had been earning to advise people on the best approaches to use social media tools such as Facebook and Pinterest to increase their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even establish a free account through Clarity.fm. This website enables 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. .

If you have any ability you can teach others, its possible to prepare an online course you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even provide 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 classes, including courses on a writing applications named Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he has earned.

Many people set their online course by means of a platform like Teachable.com. With Teachable, you can upload your class materials and use the platform to manage customers and accept payments.

Another way to make money online is by hosting an online podcast. I have the Good 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 still remember getting my visit here first sponsor on the podcast and finding out that they were willing to pay $8,000 for me to include a brief clip at the beginning of each podcast for 90 days. This was insanely exciting for me in the time since Our site I wasnt sure I'd be able to monetize my podcast that much in the beginning. .

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But, there are tons of folks making far more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income report, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

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 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 was substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will let you upload and take your book to print without getting a formal publisher involved, and you can even get your book on Amazon.com so that people can purchase it there. .

A blogger I know named Joseph Hogue includes a thriving blog (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 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 novel people would want to purchase, this is a wise strategy to consider since the start-up costs can be minimal more 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 prospects. The main actions that you need to finish to create lead earnings work include setting up a site, getting visitors to this site, and making sure you're collecting leads which someone will really cover.