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Another way to make money online is through consulting. In case youre an expert in any area, you might 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 for large companies, but you might be amazed by 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 brands achieved to him to request to get help with social media and online marketing. .

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Robert stated he did an average of 4-6 of those gigs per year 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 cover he was earning to educate people on the best approaches to use social networking tools like Facebook and Pinterest to grow 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 enables anyone who wants to offer consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll receive paid for. .

If you have any ability you can teach others, its also 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. Heck, I 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 several different classes, including classes on a writing applications named Scrivener. Over time, Michael has earned six figures or more annually selling courses that help people attain the kind of success he has earned.

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

Another blog here 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 of 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 would be able to monetize my podcast which much in the beginning. .

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But, 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 report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats mad.

The real key to getting ahead 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 there are a lot 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 was heavy in print, you can complete the entire process of writing, publishing, and marketing a publication online nowadays. Websites such as Create Space will let you upload and take your book to print without even getting a formal publisher involved, and you can even get your book on Amazon.com so people can buy it there. .

A blogger I know named Joseph Hogue has a successful blog (My Work Out of Home Money) and 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 approximately 685 books sold per month to bring in an average of 1,857 in revenue.

If you think you could write a novel people would want to buy, this is a smart strategy to consider since the startup costs can anchor be minimal and you probably already have a computer and word processing software anyway.

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