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Another method 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 might think youre not important enough to consult for large companies, but you might be surprised at the kinds 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 explained that, after he'd been blogging for a few decades, a couple brands reached out for him to request to get help with social websites and online marketing. .

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Robert said he did an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover that he was earning to advise people on the best approaches to use social media tools like Facebook and Pinterest to increase their brands. .

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

If you have any ability you can teach others, its 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. HeckI even offer my own course 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 offers several different classes, including classes on a writing software called Scrivener. Over time, Michael has earned six figures or more annually selling classes that help individuals attain the kind of success he's earned.

Most people set up their online course by means of a platform such as Teachable.com. Together with Teachable, you can upload your course materials and website here utilize the platform to manage customers and accept payments.

Another way to make 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 of the time.

I still remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to find out here include a brief clip at the beginning of each podcast for 90 days. That has been insanely exciting to me at 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 folks making far 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 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 simplest way to make money online since see post there are a great deal 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 substantial 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 successful blog (My Work from 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 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 purchase, this is a smart way to consider since the start-up prices can be minimal and you probably already have a computer and word processing applications anyway.

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Another way to generate money online is by collecting prospects. The main actions you need to finish to create lead earnings work include setting up a website, getting visitors to that website, and making sure you're collecting leads that someone will really pay for.