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Another way to make money online is via 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 objectives. You may think youre not important enough to consult with big companies, but you could be surprised by 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 for him to request for help 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 job 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 had been earning to advise people on the best ways to use social networking 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 via Clarity.fm. This site lets 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 set up an online course you can advertise online. You can find online courses 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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This past Year, I profiled my friend Joseph Michael of Easy Course Creation. Michael offers many different courses, including classes on a writing applications named Scrivener. Through time, Michael has earned six figures or more annually selling classes that help individuals attain the kind of success he's earned.

Many people set their online course by means of a platform like 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 that I use that stage 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. That was insanely exciting to me in the time since I wasnt sure I'd be able to monetize my podcast that much in the beginning. .

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However, there are tons my company of people 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 introduced 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 easiest 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. .

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While the publishing industry used to be substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will allow you to 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 purchase it there. .

A blogger I know named Joseph Hogue includes a successful site (My Work from Home Money) and a thriving book publishing business. Hogue has written several books he has published online to make an ongoing source of passive income. He says that he averages about 685 books sold a 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 smart strategy to consider since the startup prices can be minimal and you most likely already have a computer and word processing applications anyway.

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