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Another way to make 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 may think youre not important enough to consult with big companies, but you might be amazed at the kinds of expertise people will cover. .

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 few decades, a couple brands reached out to him to ask him for assistance with social media and online marketing. .

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Robert said he'd an average of 4-6 of these gigs per year for some time depending on his agenda and the work involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And keep in mind, this was pay that he was earning to advise people on the best ways to use social networking tools such as 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 site enables anyone who wants to provide consulting set up a free profile. Once your profile is set up, people will find you and book a session youll receive compensated for. .

If you have any skill you can instruct others, its 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 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 courses on a writing applications called Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success he's earned.

Most people set up their online course through a platform such as Teachable.com. Together with Teachable, you can upload your course materials and use the platform to manage customers and accept payments.

Another way to make money online is by hosting an online podcast. I've got the Good Financial Cents podcast to go along with my website, and I use that stage to find new sponsors and pop over to this site 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 brief 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 have the ability 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 own podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the shows most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

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 simplest way to make 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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Even though the publishing industry additional hints used to be substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online nowadays. Websites like Create Space will allow you to upload and take your publication to print without getting a formal 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 blog (My Work Out of Home Money) and a thriving book publishing business. Hogue has written a few books he has published online to make 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 novel people would want to purchase, this is a smart way to consider since the start-up prices can be minimal and you probably 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 create lead earnings work include setting up a website, getting traffic to that site, and making sure you're collecting leads that someone will really cover.