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Another method to make money online is through 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 might think youre not important enough to consult with big 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 couple of years, a couple of brands achieved for him to ask him for help with social websites and online marketing. .

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Robert stated he did an average of 4-6 of these gigs annually for a while depending on his schedule and the job involved. The best part ishe charged a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover he was earning to advise people on the best ways to use social media tools like Facebook and Pinterest to grow 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 lets 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 get compensated for. .

If you have any skill you can teach 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 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 offers many different classes, including courses on a writing software named Scrivener. Through time, Michael has earned six figures or more annually selling courses that help people attain 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 course 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 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 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 that much at first. .

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However, there are tons of folks making this far more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the shows most recent income file, this podcast introduced 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 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 substantial in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will let you upload and take your publication to print without getting an official publisher involved, and you can even get have a peek at this site your book on Amazon.com so that people can buy it there. .

A blogger I know named Joseph Hogue includes a successful blog (My Work Out of Home Money) and also 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 approximately 685 books marketed per month to bring in an average of 1,857 in revenue.

If you think you could write a novel people would want to buy, this is a smart way to consider since the startup prices can be minimal and you probably already have a computer and word processing software anyway.

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Another way to make money online is by collecting leads. The main steps you need to finish to create lead earnings work include setting up a site, getting visitors to that website, and making sure you're collecting leads that someone will actually pay for.