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Another way to generate money online is via consulting. In case youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult with large companies, but you might be surprised by the types of experience 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 few decades, a couple brands reached out to him to request for help with social websites and online marketing. .

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Robert stated he did an average of 4-6 of those gigs per year for a while depending on his schedule and the job involved. The best part ishe billed a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay he had been earning to advise people on the best ways 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 establish a free account through Clarity.fm. This website enables anyone who wants to offer consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll get compensated for. .

If you have any skill you can teach others, its also possible to set up an online course you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own course 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 presents many different courses, including courses on a writing applications named Scrivener. Over time, Michael has earned six figures or more annually selling classes that help people 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 hosting an online podcast. I've got the Great Financial Cents podcast to go along with my blog, and 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 that they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. That was insanely exciting for me at the time official site since I wasnt sure I'd be able 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 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 crazy.

The 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 simplest way to make 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 was heavy in print, you can finish the entire process this website of writing, publishing, and marketing a book online nowadays. Websites such as Create Space will let you upload and choose your publication to print without getting an official publisher involved, and you can even get your book on Amazon.com so that people can buy it there. .

A blogger I know named Joseph Hogue includes a thriving 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 about 685 books sold a 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 start-up costs can be minimal and you probably already have a computer and word processing software anyway.

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Another way to generate money online is by collecting prospects. The main steps you need to finish to make lead earnings work include setting up a website, getting traffic to this site, and making sure you're collecting leads which someone will really pay for.