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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 may think youre not important enough to consult with large companies, but you might be amazed by the kinds of experience people will cover. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on both sides in an unlikely industry. Robert explained that, after he'd been blogging for a few decades, a couple of brands reached out to him to request for assistance 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 agenda and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And keep in mind, this was pay he had been earning to educate people on the best ways to use social networking tools like 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 lets 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 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. HeckI even offer 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 many different classes, including classes on a writing software called Scrivener. Over time, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he's earned.

Most 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 generate money online is by hosting an online moved here podcast. I've got the Great Financial Cents podcast to 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 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 was insanely exciting to me at the time since I wasnt sure I would have the ability to monetize my podcast that much in the beginning. .

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But, 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 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 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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While the publishing industry was heavy in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will let you upload and choose your book to print without even getting a formal publisher involved, and you can even get your book on Amazon.com so that people can buy it there. .

A blogger I know named Joseph Hogue has a successful blog (My Work Out of Home Money) and a thriving book publishing business. Hogue has written a few books he's published online to make an ongoing source of passive income. He says he averages approximately 685 books marketed 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 way 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 prospects. The main actions that you need to complete to create lead sales work include setting up a site, getting traffic to that website, and making sure you're collecting leads which someone will actually cover.