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Another method to make money online is through consulting. In case youre an expert in any area, 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 big companies, but you might be amazed by 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 had been blogging for a couple of decades, a couple brands achieved for him to ask him to get assistance with social media and online marketing. .

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Robert said he'd an average of 4-6 of these gigs annually for some time depending on his agenda and the job involved. The best part ishe 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 educate people on the best ways 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 through Clarity.fm. This website lets anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and reserve a session youll get paid 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 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 presents several different classes, including classes on a writing applications called Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help people attain the kind of success he's earned.

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Many people set up their online course by means of a platform like Teachable.com. Together with Teachable, you can upload your course 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 blog, and that I use that platform to find new sponsors and advertisers all the time.

I 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 view it now each podcast for 90 days. This was insanely exciting for me in the time since I wasnt sure I'd have the ability to monetize my podcast which much in the beginning. .

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

The 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 lot 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 used to be substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online nowadays. Websites such as Create Space will allow you to upload and choose your publication to print without even getting a formal 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 has a thriving site (My Work Out of Home Money) and a thriving book publishing business. Hogue has have a peek here written a few books he has published online to make an ongoing source of passive income. He says he averages about 685 books marketed 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 purchase, this is a smart 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 you need to complete to create lead sales work include setting up a site, getting visitors to this site, and making sure you're collecting leads that someone will actually cover.

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