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Another method to generate money online is through consulting. If youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult with big companies, but you could be surprised by 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 both sides in an unlikely industry. Robert told me that, after he'd been blogging for a couple of years, a couple of brands reached out for him to ask him for help with social websites and online marketing. .

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Robert stated he did an average of 4-6 of these gigs per year for some time depending on his schedule and the work involved. The best part ishe charged a flat rate that usually worked out to around $100 per hour. And keep in mind, this was pay that he was earning to educate people on the best ways to use social networking tools like Facebook and Pinterest to increase their brands. .

If you want to get started consulting but arent sure what steps to take next, you can also establish a free account through Clarity.fm. This site enables anyone who wants to provide consulting set up a free profile. Once your profile is initiated, people will find you and reserve a session youll get paid for. .

In case you have any skill you can teach others, its also possible to set up an online class you can market 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 advisors 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 presents several different classes, including courses on a writing applications named Scrivener. Over the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he's earned.

Most people set their online course through a platform like Teachable.com. Together 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've got the Good Financial Cents podcast to go along with my website, and I use that platform to find new sponsors and advertisers all of the time.

I still remember getting my first sponsor on the podcast and finding out that they were willing to pay $8,000 for me to include a short clip at the beginning why not try this out of each podcast for 90 days. That was 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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However, 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 report, this podcast brought 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 to 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. . websites

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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 book online these days. Websites such as Create Space will let you upload and choose 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 has a thriving site (My Work Out of Home Money) and also a thriving book publishing business. Hogue has written a few books he's published online to create an ongoing source of passive income. He says he averages approximately 685 books marketed a 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 wise way to consider since the start-up costs go to website can be minimal and you probably already have a computer and word processing software anyway.

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Another way to make money online is by collecting prospects. The main actions you need to complete to create lead earnings work include setting up a website, getting traffic to that website, and making sure you're collecting leads that someone will actually cover.