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Another method to make money online is through consulting. If youre an expert in any area, 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 with large companies, but you might be amazed at 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 explained that, after he had been blogging for a few decades, a couple of brands reached out for 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 those gigs per year for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, this was pay 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 through Clarity.fm. This site enables anyone who wants to provide consulting set up a free profile. Once your profile is set up, people will find you and book a session youll get paid for. .

In case you have any ability you can teach others, its also possible to prepare 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 provide 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 named Scrivener. Over time, Michael has earned six figures or more annually selling courses that help people attain the kind of success he's earned.

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Many people set up their online course through a platform such as Teachable.com. Together with Teachable, you can upload your course materials and utilize the platform to manage customers and accept payments.

Another way to generate money online is by hosting an online podcast. I have the Great 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 that they were willing to browse around this web-site pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. That was insanely exciting for me in the time since I wasnt sure I'd have the ability to monetize my podcast that much at first. .

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However, there are tons of people 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 file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats mad.

The real 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 easiest way to generate 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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While the publishing industry was heavy in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. 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 people can buy it there. .

A blogger I know named Joseph Hogue includes a thriving site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written several books he has published online to create an ongoing source of passive income. He says he averages approximately 685 books sold per month to bring in an average of $1,857 in revenue.

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If you think you could write a book people would want to purchase, this is a smart way to consider since the startup costs can be minimal and you most likely already have a computer and word processing software anyway.

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

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