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Another method 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 goals. You might think youre not important enough to consult for large companies, but you might be amazed at the types 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 explained that, after he had been blogging for a few years, a couple brands reached out to him to ask him for assistance with social media 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 agenda and the job involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And remember, that was cover he was earning to educate people on the best approaches to use social networking tools such as Facebook and Pinterest to grow their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even 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 reserve a session youll receive paid for. .

If you have any skill you can teach others, its also possible to set up 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 presents several different classes, including courses on a writing applications named Scrivener. Over 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 their online course by means of a platform such as Teachable.com. Together with Teachable, you can upload your class 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 Great 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 still 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 has been insanely exciting for me in the time since I wasnt sure I'd have the ability to monetize my podcast which 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 displays most recent income file, this podcast brought 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 to 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's still worth considering. .

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Even though the publishing industry was heavy in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will allow you to upload and take your book to print without getting an official publisher involved, and you can even get your book on Amazon.com so More hints people can purchase it there. .

A blogger I know named Joseph Hogue has a thriving 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 that he averages about 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 strategy to web consider since the start-up costs 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 prospects. The main actions you need to finish to make lead earnings work include setting up a website, getting visitors to that website, and making sure you're collecting leads which someone will actually cover.