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Another method to make money online is via consulting. In case youre an expert in any field, you might 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 large companies, but you might be surprised by the kinds of expertise people will cover. .

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 couple of decades, a couple of brands achieved for him to request for help with social websites and online marketing. .

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Robert stated he'd 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 billed a flat rate that generally worked out to around $100 per hour. And remember, this was cover that he was earning to advise people on the best ways 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 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 reserve a session youll get compensated for. .

In case you have any skill you can instruct others, its possible to prepare an online class you can advertise 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 classes on a writing applications called Scrivener. Over time, Michael has earned six figures or more annually selling classes that help people attain the kind of success he's earned.

Most people set up their online course through a platform such as Teachable.com. With Teachable, you can upload your class materials and use the platform to manage clients and accept payments.

Another way to generate money online is by hosting an online podcast. I have 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 remember getting my first sponsor on the podcast blog and finding out 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 to me in the time since I wasnt sure I would have the ability to monetize my podcast that much in the beginning. .

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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 ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isnt the easiest way to make money online since there are a great deal 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 heavy in print, you can finish 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 purchase 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 create an ongoing source of passive income. He says he averages about 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 way to consider since the start-up prices 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 prospects. The main actions that you need to finish to create lead earnings work include setting up a site, getting visitors to that website, and making sure you're collecting leads which someone will actually pay for.