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Another way to generate money online is via consulting. If youre an expert in any area, you might potentially find individuals willing to pay you to counsel them on their personal or business goals. You may think youre not important enough to consult for big companies, but you could 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 explained that, after he had been blogging for a couple of decades, a couple of brands reached out to him to request to get help with social media and online marketing. .

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Robert said 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 usually worked out to around $100 per hour. And keep in mind, this was cover that he had been earning to advise people on the best approaches to use social networking 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 lets anyone who wants to provide consulting setup a free profile. Once your profile is set up, people will find you and book a session youll receive paid for. .

If you have any skill you can instruct others, its possible to set up an online class you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own path for financial advisers 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 applications called Scrivener. Over time, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he has earned.

Many people set their online course through a platform like Teachable.com. Together with Teachable, you can upload your course materials and utilize the platform to manage customers 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 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 short clip at the beginning of each podcast for 90 days. That has been insanely exciting for me in the time since I wasnt sure I'd have the ability to monetize my podcast that much in the beginning. .

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However, 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 important source file, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

The real key to getting forward with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect to sponsors. This isnt the simplest 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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Even though the publishing industry used to be substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online nowadays. Websites such as Create Space will allow you to upload and choose your book to print without 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 includes a successful site (My Work from Home Money) and also a thriving book publishing business. Hogue has written several books he's published online to create an ongoing source of passive income. find out this here 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 novel people would want to buy, this is a smart strategy to consider since the startup prices can be minimal and advice you probably already have a computer and word processing software anyway.

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