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Another method to make money online is via consulting. In case youre an expert in any area, 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 big companies, but you might be amazed at the types 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 explained that, after he'd been blogging for a couple of years, a couple brands reached out for him to request for help 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 agenda and the job involved. The best part ishe charged a flat rate that usually worked out to around $100 per hour. And remember, this was cover that he had been earning to advise 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 even establish a free account through Clarity.fm. This website 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. .

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. Heck, I even provide my own path for financial advisors who want to take their businesses online The Online Advisor Growth Formula. .

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Last year, I profiled my friend Joseph Michael of Easy Course Creation. Michael presents many different courses, including classes on a writing applications called Scrivener. Over time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he's earned.

Many people set their online course by means of a platform like Teachable.com. With Teachable, you can upload your class materials and use the platform to manage customers and accept payments.

Another way to generate money online is by hosting an online podcast. I have 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 remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to include a brief clip at the beginning of each podcast for 90 days. That was insanely exciting to me in the time since I wasnt sure I'd be able to monetize my podcast which much at first. .

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However, there are tons of people making far more than me on their own podcasts. Take the Entrepreneur On Fire Podcast Visit This Link hosted by John Lee Dumas. According to the displays most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

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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While the publishing industry used to be heavy 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 choose your book to print without even getting an official publisher involved, and you can even get your book on Amazon.com so people can buy 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 several books he's published online to make an ongoing source of passive income. He says he averages approximately 685 books sold 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 smart strategy to consider since the start-up prices can be minimal and you most likely 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 finish to make lead sales work include setting up a website, getting visitors to this site, and making sure you're collecting leads which someone will really cover.