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Another way to generate money online is via consulting. If 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 large companies, but you could be surprised at the kinds of expertise 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 explained that, after he had been blogging for a couple of years, a couple brands achieved to him to ask him for assistance with social media and online marketing. .

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Robert stated he did an average of 4-6 of these gigs annually for some time depending on his agenda and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And keep in mind, that was cover that he was earning to advise people on the best approaches 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 also set up a free account via Clarity.fm. This website lets anyone who wants to offer consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll get compensated for. .

In case you have any skill you can teach others, its also possible to prepare an online class 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 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 offers many different classes, including courses on a writing software called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help people 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 utilize 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 website, 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 helpful site me to include a brief clip at the beginning of each podcast for 90 days. This has been insanely exciting to me at the time since I wasnt sure I would be able to monetize my podcast that much at first. .

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However, there are tons of folks making a lot 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 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, 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's still worth considering. .

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Even though the publishing industry was heavy in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will let you upload and choose your book to print without even getting an official 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 site (My Work from 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 visit homepage says he averages about 685 books sold per month to bring in an average of $1,857 in revenue.

If you think you could write a book people would want to purchase, this is a wise way to consider since the start-up costs 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 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 actually cover.