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Another way to generate money online is through consulting. If youre an expert in any area, you could 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 could be surprised at the kinds of expertise people will cover. .

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 of brands reached out to him to ask him to get assistance 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 billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover that he had been earning to educate people on the best approaches to use social media tools like Facebook and Pinterest to grow 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 site enables anyone who wants to offer consulting set up a free profile. Once your profile is initiated, people will find you and reserve a session youll receive compensated for. .

If you have any ability you can instruct others, its also possible to prepare an online class you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI 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 classes, including courses on a writing software called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he has earned.

Most people set their online course by means of a platform like Teachable.com. Together 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 you can try these out 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 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. This was insanely exciting to me at the time since I wasnt sure I'd be able to monetize my podcast which 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 shows most recent income report, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

The key to getting forward with podcasting is finding your click to read more niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isnt the simplest 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 used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online nowadays. Websites such as 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 people can purchase it there. .

A blogger I know named Joseph Hogue includes a successful blog (My Work Out of Home Money) and also a thriving book publishing business. Hogue has written several books he has published online to make an ongoing source of passive income. He says that 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 costs 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 that you need to finish to make lead sales work include setting up a site, getting visitors to that website, and making sure you're collecting leads that someone will really cover.