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Another way to generate 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 may think youre not important enough to consult with big companies, but you could be surprised 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 told me that, after he'd been blogging for a few decades, a couple of brands reached out for him to ask him to get assistance with social media and online marketing. .

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Robert said he'd an average of 4-6 of these gigs per year for a while depending on his agenda and the job involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay that he was earning to advise people on the best approaches to use social networking tools such as Facebook and Pinterest to grow their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even set up a free account via Clarity.fm. This website enables anyone who wants to offer consulting set up 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 instruct others, its also possible to prepare an online course you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own path for financial advisers 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 presents many different courses, including classes on a writing software named Scrivener. Over time, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he's earned.

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Many people set their online course by means of a platform such as Teachable.com. With Teachable, you can upload your course materials and utilize the platform to manage clients and accept payments.

Another way to generate money online is by hosting an online podcast. I have the Good Financial Cents podcast to go along with my website, and I use that platform to find new sponsors and advertisers all 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 brief clip at the beginning of each podcast for 90 days. important source This was insanely exciting for me at the time since I wasnt sure I would be able to monetize my podcast which much in the beginning. .

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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 shows most recent income file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats mad.

The key to getting ahead 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 you could check here considering. .

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Even though the publishing industry was 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 allow you to upload and choose your publication to print without even getting a formal publisher involved, and you can even get your book on Amazon.com so that people can buy it there. .

A blogger I know named Joseph Hogue has a thriving blog (My Work from Home Money) and also a thriving book publishing business. Hogue has written a few books he has published online to make an ongoing source of passive income. He says he averages about 685 books marketed per month to bring in an average of $1,857 in revenue.

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If you think you could write a novel people would want to buy, this is a wise strategy to consider since the start-up costs can be minimal and you most likely already have a computer and word processing software anyway.

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Another way to generate money online is by collecting leads. The main steps 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.

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