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Another method to generate money online is via consulting. In case youre an expert in any field, you could potentially find people willing to pay you to counsel them on their personal or business objectives. You may think youre not important enough to consult for large companies, but you could 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 both sides in an unlikely industry. Robert explained that, after he had been blogging for a few decades, a couple of brands reached out for him to ask him to get help with social websites and online marketing. .

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Robert said he did an average of 4-6 of these gigs per year for some time depending on his agenda and the work involved. The best part ishe billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was pay that he was 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 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 initiated, people will find you and book a session youll receive compensated for. .

In case you have any skill you can instruct others, its possible to prepare an online class you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI even provide my own path 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 classes, including courses on a writing software named Scrivener. Over time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he has earned.

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

Another way to make money online is by hosting an online podcast. I've got 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 they were willing to pay $8,000 for me to include a brief clip at the beginning of each podcast for 90 days. That has been 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 a lot more than me on their own 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 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 simplest way to generate money online since there are a great deal of logistics that go into writing, recording, and editing a This Site podcast, but it is still worth considering. .

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While the publishing industry was heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will allow you to upload and choose your publication to print without 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 create 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 buy, this is a wise way 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 generate money online is by collecting leads. The main steps that you need to finish to make lead sales work include setting up a site, getting visitors to that website, and making sure you're collecting leads which someone will actually cover.