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Another method to generate money online is through consulting. In case youre an expert in any area, you might potentially find individuals 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 could be amazed by the types of expertise people will cover. .

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 told me that, after he had been blogging for a couple of years, a couple brands reached out for him to ask him for help with social websites and online marketing. .

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Robert said he'd an average of 4-6 of these gigs annually for a while depending on his schedule and the work involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover that he was earning to educate people on the best approaches to use social networking tools such as Facebook and Pinterest to grow their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even set up a free account through Clarity.fm. This website enables anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and book a session youll receive compensated for. .

If you have any skill you can instruct others, its also 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. Heck, I even provide my own path 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 offers several different courses, including classes on a writing applications sites called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help people attain the kind of success he has earned.

Most 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 generate money online is by hosting an online podcast. I've got 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 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 for 90 days. That was insanely exciting to me at the time since I wasnt sure I would have the ability to monetize my podcast which much More Help in the beginning. .

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

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 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 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 allow you to upload and take your publication 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 look here Hogue has a successful blog (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 marketed per month to bring in an average of $1,857 in revenue.

If you think you could write a book people would want to purchase, this is a smart 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 actions that you need to finish to create lead earnings work include setting up a website, getting traffic to this website, and making sure you're collecting leads that someone will actually cover.