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Another method to make money online is through consulting. If youre an expert in any area, 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 with large companies, but you could be amazed at the types of expertise people will pay for. .

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 couple of decades, a couple brands achieved to him to ask him to get assistance with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs annually for a while depending on his agenda 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 pay he had been earning to educate people on the best approaches 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 also establish a free account via 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 book a session youll get compensated for. .

If you have any ability you can teach others, its possible to set up 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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Last year, I profiled my friend Joseph Michael of Easy Course Creation. Michael offers several different classes, including courses on a writing applications called Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he has earned.

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Most people set up their online course through a platform such as 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've got the Good Financial Cents podcast to go along with my website, and that I use that platform 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 was insanely exciting to me at the time since I wasnt sure I would have the ability to monetize my podcast that much in the beginning. .

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But, there are tons of folks best site making 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 report, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

The 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 simplest way to make money online since there are a lot of logistics that go into explanation writing, recording, and editing a podcast, but it is still worth considering. .

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Even though the publishing industry used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites such as Create Space will let you upload and choose your book to print without getting an official publisher involved, and you can even get your book on Amazon.com so that people can purchase it there. .

A blogger I know named Joseph Hogue includes a thriving site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written several books he has published online to create an ongoing source of passive income. He says that he averages about 685 books sold per month to bring in an average of $1,857 in revenue.

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If you think you could write a book people would want to buy, this is see here a smart strategy 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 prospects. The main actions you need to complete to make lead sales work include setting up a website, getting traffic to this site, and making sure you're collecting leads which someone will actually cover.

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