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Another method 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 goals. You might think youre not important enough to consult with big companies, but you might be amazed at the kinds of experience people will pay for. .

My colleague Robert Farrington of The College Investor is a fantastic example of someone who consulted online on both sides in an unlikely industry. Robert told me that, after he had been blogging for a few decades, a couple brands reached out for him to ask him to get assistance with social media and online marketing. .

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Robert said he did an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, this was pay that he had been earning to educate people on the best approaches to use social networking tools such as Facebook and Pinterest to increase their brands. .

If you want to start consulting but arent sure what steps to take next, you can also set up a free account through Clarity.fm. This website lets anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and book a session youll get paid for. .

In case you have any skill you can teach others, its also possible to set up an online course 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 course 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 many different courses, including classes on a writing applications called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he's earned.

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

Another way to generate money online is by hosting this article an online podcast. I have the Great Financial Cents podcast to click reference go along with my blog, and that I use that platform to find new sponsors and advertisers all of the time.

I remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. That was insanely exciting for me in the time since I wasnt sure I'd be able to monetize my podcast that much at first. .

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However, there are tons of people making far 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 forward 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 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 like Create Space will let you upload and choose your book to print without getting an official Clicking Here publisher involved, and you can even get your book on Amazon.com so that 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 several books he's published online to create 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 book people would want to purchase, this is a wise strategy to consider since the startup 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 leads. The main actions you need to complete to make lead sales work include setting up a site, getting traffic to this site, and making sure you're collecting leads which someone will really pay for.