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Another way to make money online is via consulting. If youre an expert in any field, 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 for big companies, but you might be amazed at the kinds of experience people will pay for. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on both sides in an unlikely industry. Robert explained that, after he'd been blogging for a few years, a couple of brands reached out to him to ask him to get help with social media and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs annually for a while depending on his schedule and the job involved. The best part ishe charged a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay he was earning to educate people on the best approaches to use social media tools like Facebook and Pinterest to grow their brands. .

If you want to start consulting but arent sure what steps to take next, you can even establish a free account via Clarity.fm. This site enables anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll get compensated for. .

In case you have any ability you can instruct others, its possible to prepare an online class you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own course 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 presents many different courses, including courses on a writing applications named Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he's earned.

Most people set their online course by means of a platform like Teachable.com. Together with Teachable, you can upload your course materials and utilize the platform to manage clients 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 blog, and I use that stage to find new sponsors and advertisers all the time.

I 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 for me at the time since I wasnt sure I'd be able to monetize my podcast which much at first. .

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But, there are tons of people making far 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 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 simplest 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 complete 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 even getting an official 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 site (My Work from Home Money) and a thriving book publishing business. Hogue has written a few books he's published online to make an ongoing source of passive income. He says that he averages approximately 685 books marketed a month to bring in an average of 1,857 in revenue. my site

If you think you could write a novel people would want to buy, this is a wise way 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 actions you need to finish to make lead earnings work include setting up a site, getting traffic to this website, and making sure you're collecting leads which someone will really pay for.