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Another method to make money online is through consulting. In case youre an expert in any area, you might potentially find people willing to pay you to counsel them on their personal or business goals. You may think youre not important enough to consult for big companies, but you might be surprised 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 couple of decades, a couple brands achieved to him to request for assistance with social media and online marketing. .

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Robert stated he did an average of 4-6 of these gigs per year for a while depending on his schedule and the job involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, this was cover that he was earning to advise people on the best approaches to use social media tools such as Facebook and Pinterest to increase their brands. .

If you want to start consulting but arent sure what steps to take next, you can even set up a free account through Clarity.fm. This website enables anyone who wants to provide consulting setup a free profile. Once your profile is set up, people will find you and reserve a session youll get paid for. .

In case you have any skill you can instruct others, its possible to set up an online course you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own course for financial advisers 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 several different courses, including classes on a writing applications named 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 through a platform like 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 have the Good Financial Cents podcast to go along with my blog, and that I use that stage to find new sponsors and advertisers all of the time.

I still 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 has been insanely exciting to me at the time since I wasnt sure I would have the ability to monetize my podcast which much at first. .

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But, there are tons of folks making a lot 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 report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The real key to getting ahead 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 generate money online since there are a great deal 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 used to be substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online browse this site these days. Websites like Create Space will allow you to upload and take your book to print without even getting a formal 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 site (My Work from Home Money) and also 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 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 buy, this is a wise way to consider since the startup 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 complete to make lead sales work include setting up a website, getting traffic to this website, and making sure you're collecting leads which someone will actually cover.