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Another method to make money online is via 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 goals. You may think youre not important enough to consult with large companies, but you could be surprised by the kinds 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'd been blogging for a few decades, a couple of brands reached out for him to request for 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 agenda and the job involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, this was cover that he was earning to advise people on the best ways to use social networking tools such as Facebook and Pinterest to grow their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even establish a free account via Clarity.fm. This site lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and book a session youll get compensated for. .

In case you have any ability you can teach 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. Heck, I even provide my own course for financial advisors 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 offers several different classes, including courses on a writing software named Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he's earned.

Many 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 customers and accept payments.

Another way to make 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 still remember getting my first sponsor on the podcast 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. This has been insanely exciting to me at the time since I wasnt sure I'd have the ability to monetize my podcast that much in the beginning. .

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But, there are tons of folks making a lot more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The key to getting ahead 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's 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 let you upload and take your book to print without even getting an official publisher involved, and you can even get your book discover this info here on Amazon.com so people can buy it there. .

A blogger I know named Joseph Hogue has a thriving site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written several books he's published online to make an ongoing source of passive income. 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 start-up prices can be minimal and 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 you need to finish to create lead sales work include setting up a website, getting visitors to that website, and making sure you're collecting leads which someone will really pay for.