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Another way to make money online is through consulting. If youre an expert in any field, 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 for big companies, but you could be surprised by the types of expertise people will cover. .

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 had been blogging for a couple of decades, a couple of 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 these gigs per year for a while depending on his agenda and the job involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover that he had been earning to educate people on the best ways to use social networking tools like 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 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 book a session youll get paid for. .

If you have any ability you can teach others, its possible to set up an online course you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even provide 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 classes, including courses on a writing software named Scrivener. Over the years, Michael has earned six figures or more annually selling courses that help people attain the kind of success he has earned.

Most people set up their online course by means of a platform such as 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've got the Good Financial Cents podcast to go along with my blog, 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 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 has been insanely exciting to me at the time since I wasnt sure I would 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 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 ahead with podcasting is finding your niche, growing an audience, and then finding Visit Your URL ways to monetize and connect with sponsors. This isnt the easiest way to generate 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 used to be substantial in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites such as Create Space will let you upload and take your publication to print without even getting a formal 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 includes a successful blog (My Work from Home Money) and also 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 approximately 685 books sold per month to bring in an average of 1,857 in revenue.

If you think you could write a book people would want to buy, this is a wise way to consider since the startup prices can 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 you need to finish to make lead sales work include setting up a site, getting visitors to that website, and making sure you're collecting leads which someone will really pay for.