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Another method to generate money online is via consulting. If youre an expert in any field, 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 with big companies, but you might be surprised at the types of expertise people will pay for. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on the side in an unlikely industry. Robert told me that, after he had been blogging for a couple of decades, a couple of brands achieved to him to ask him for help with social websites and online marketing. .

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Robert stated he did an average of 4-6 of those gigs annually for a while depending on his schedule and the work involved. The best part ishe charged a flat rate that generally worked out to around $100 per hour. And keep in mind, this was cover he was 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 get started consulting but arent sure what steps to take next, you can also establish a free account via Clarity.fm. This website enables anyone who wants to provide consulting set up a free profile. Once your profile is initiated, people will find you and reserve a session youll receive paid for. .

In case you have any skill you can teach others, its possible to prepare 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 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 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 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 class materials and use the platform to manage clients and accept payments.

Another way to generate money online is by hosting an online podcast. I've got the Great Financial Cents podcast to go along with my website, and that I use that stage 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 brief 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'd be able to monetize my podcast that much in the beginning. .

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However, 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 introduced in a net income of over $400,000 in March 2018. Now, thats mad.

The 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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While the publishing industry was heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will let you upload and take your book to print without even getting an official publisher see this site involved, and you can even get your book on Amazon.com so people can buy it there. .

A blogger I know named Joseph Hogue includes a successful blog (My Work Out of Home Money) and a thriving book publishing business. Hogue has written a few books he has published online to create an ongoing source of passive income. He says he averages approximately 685 books marketed per month to bring in visit the website an average of $1,857 in revenue.

If you think you could write a novel 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 steps you need to finish to create lead earnings work include setting up a site, getting traffic to that website, and making sure you're collecting leads which someone will actually cover.