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Another way to make money online is through 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 objectives. You might think youre not important enough to consult for big companies, but you could be surprised by the kinds of experience 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'd been blogging for a few years, a couple brands achieved for him to request to get help with social websites and online marketing. .

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Robert said he did an average of 4-6 of these gigs annually for some time depending on his agenda and the job involved. The best part is, he billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover that he had been earning to advise people on the best ways to use social media tools like Facebook and Pinterest to increase their brands. .

If you want to get started 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 set up a free profile. Once your profile is set up, people will find you and reserve a session youll receive compensated for. .

In case you have any ability 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. Heck, I even provide 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 courses, including classes on a writing applications called Scrivener. Through time, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he has earned.

Many people set their online course by means of a platform like Teachable.com. With Teachable, you can upload your course materials and utilize the platform to manage clients 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 platform 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 to me in the time since I wasnt sure I would be able to monetize my podcast which much at first. .

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However, there are tons of people 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 introduced 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 generate money online since there are a great deal 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 heavy in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites this hyperlink like Create Space will let you upload and take your publication to print without even getting an official 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 includes a successful site (My Work from Home Money) and also a thriving book publishing business. Hogue has written several books he has published online to create an ongoing source of passive income. He says he averages about 685 books marketed a month to bring in an average of 1,857 in revenue.

If you think you could write a book people would want to buy, this is a wise 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 generate money online is by collecting leads. The main actions that you need to complete to make lead sales work include setting up a site, getting traffic to that site, and making sure you're collecting leads that someone will really pay for.