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Another way to generate 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 goals. You may think youre not important enough to consult for large companies, but you might be amazed by the types of expertise 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'd been blogging for a couple of decades, a couple of brands reached out for him to ask him to get help with social websites and online marketing. .

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Robert stated he'd an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part ishe charged a flat rate that usually worked out to around $100 per hour. And remember, that was pay that he had been earning to advise 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 even 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. .

If you have any skill you can instruct others, its also 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. HeckI even provide my own path for financial advisors 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 courses, including classes on a writing software called Scrivener. Through the years, Michael has earned six figures or more annually selling classes that help people attain the kind of success he's earned.

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Many people set up their online course by means of a platform such as Teachable.com. With Teachable, you can upload your class 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 Great Financial Cents podcast to go along with my blog, and I use that stage to find new sponsors and advertisers all 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 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 have the ability to monetize my podcast which much in the beginning. .

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But, 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 file, this podcast introduced 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 easiest 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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While the publishing industry was substantial company website in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will let you upload and take your publication to print without getting a formal publisher involved, and you can even like it get your book on Amazon.com so people can buy it there. .

A blogger I know named Joseph Hogue includes a thriving site (My Work Out of 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 approximately 685 books sold a month to bring in an average of 1,857 in revenue.

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If you think you could write our website a book people would want to buy, this is a wise way to consider since the start-up costs can be minimal and you most likely already have a computer and word processing software anyway.

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Another way to generate money online is by collecting leads. The main steps that you need to finish to create lead earnings work include setting up a website, getting visitors to that website, and making sure you're collecting leads that someone will really pay for.

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