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Another way to generate money online is via consulting. If youre an expert in any area, you could potentially find individuals willing to pay you to counsel them on their personal or business objectives. You might think youre not important enough to consult with large companies, but you could be amazed by the kinds 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 had been blogging for a few decades, a couple of brands reached out to him to request for assistance with social media and online marketing. .

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Robert stated he did an average of 4-6 of these gigs annually for some time depending on his schedule and the job involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And remember, that was cover he was earning to educate 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 also establish a free account via Clarity.fm. This website enables 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. .

In case you have any skill you can instruct others, its possible to set up an online class you can market 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 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 presents many different courses, including classes on a writing applications called Scrivener. Through time, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he's earned.

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Many people set up their online course by means of a platform such as Teachable.com. Together with Teachable, you can upload your class materials and utilize 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 blog, and that I use that stage to find new sponsors look at this site 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 brief clip at the beginning of each podcast for 90 days. That was insanely exciting to me in the time since I wasnt sure I'd have the ability to monetize my podcast which much at first. .

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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 shows 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 to sponsors. This isnt the easiest way to make money online since there are a great deal of logistics that go into writing, recording, and editing a podcast, but it is still worth considering. .

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Even though the publishing industry was substantial in print, you can finish the entire process of writing, click here to read publishing, and marketing a book online these days. Websites like Create Space will allow you to upload and take web your book to print without 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 has a successful blog (My Work from 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 a 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 purchase, this is a wise way 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 create lead earnings work include setting up a website, getting visitors to this site, and making sure you're collecting leads which someone will actually cover.

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