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Another way to generate money online is via consulting. If youre an expert in any area, you could 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 might be amazed at the types of expertise people will pay for. .

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 decades, a couple brands achieved to him to request to get assistance with social media and online marketing. .

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Robert stated he'd an average of 4-6 of these gigs annually for some time depending on his schedule and the work involved. The best part ishe billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover he had been earning to advise people on the best approaches 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 also establish a free account through Clarity.fm. This site lets anyone who wants to offer 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 possible to set up an online class 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 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 several different classes, including courses on a writing software named Scrivener. Over time, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he has earned.

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

Another way to make money online is by hosting an online podcast. I have the Great Financial Cents podcast to go along with my website, 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. This has been insanely exciting to me in the time since I wasnt sure I would be able to monetize my podcast that much at first. .

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But, there are tons of folks 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 introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

The real key to getting ahead with podcasting is finding your niche, growing an audience, and imp source then finding ways to monetize and connect to sponsors. This isnt the easiest way to make 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 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 allow you to upload and take 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 has a thriving blog (My Work Out of 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 that he averages about 685 books sold per month to bring in an average of $1,857 in revenue.

If you think you could link write a book 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 applications anyway.

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