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Another method 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 objectives. You might think youre not important enough to consult with big companies, but you might be surprised at the kinds of experience people will pay for. .

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'd been blogging for a few decades, a couple brands reached out to him to request to get help with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs per year for some time depending on his agenda and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And keep in mind, that was pay he had been earning to advise people on the best approaches to use social networking tools like 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 provide consulting setup a free profile. Once your profile is set up, people will find you and reserve a session youll receive compensated for. .

If you have any skill you can teach 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 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 several different courses, including courses on a writing software named Scrivener. Through time, Michael has earned six figures or more annually selling classes that help people attain 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 utilize 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 blog, and that I use that stage to find new sponsors and advertisers all of the time.

I 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 click here for more me in the time since I wasnt sure I would have the ability to monetize my podcast which much in the beginning. .

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But, 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 displays most recent income report, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats mad.

The real key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with 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 was substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online nowadays. Websites like Create Space will let you upload and choose your publication to print without even 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 a few books he's published online to make an ongoing source of passive income. He says he averages about 685 books sold per month to bring in an average of $1,857 in revenue.

If you think you could write a novel people would want to purchase, this is a smart strategy to consider since the start-up costs 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 you need to complete to make lead sales work include setting up a site, getting visitors to this website, and making sure you're collecting leads that someone will really cover.