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Another way to generate money online is through 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 may think youre not important enough to consult with large companies, but you might be amazed at the types of expertise people will pay for. .

My colleague Robert Farrington of The College Investor is a fantastic 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'd an average of 4-6 of these gigs per year for some time depending on his agenda and the work involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay he was earning to educate people on the best approaches to use social networking tools such as Facebook and Pinterest to increase their brands. .

If you want to get started consulting but arent sure what steps to take next, you can also set up a free account via Clarity.fm. This site lets anyone who wants to offer consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll receive paid for. .

In case you have any skill you can teach others, its possible to set up an online class you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even provide my own course for financial advisers 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 offers many different courses, including classes on a writing software named Scrivener. Through time, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he's earned.

Most people set up their online course by means of a platform such as Continued Teachable.com. With Teachable, you can upload your class materials and utilize the platform to manage clients 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 website, and I use that stage 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 review for 90 days. This was insanely exciting for me at the time since I wasnt sure I would be able to monetize my podcast that much in the beginning. .

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But, there are tons of folks making a lot 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 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 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 heavy in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will let you upload and take your book to print without getting a formal 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 has a thriving site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written several books he's published online to make an ongoing source of passive income. He says he averages approximately 685 books sold a 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 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 leads. The main steps you need to complete to create lead sales work include setting up a website, getting traffic her latest blog to that site, and making sure you're collecting leads which someone will actually pay for.