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Another way to make money online is through consulting. If youre an expert in any area, you might potentially find people 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 at the types of experience people will cover. .

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 told me 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'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 billed a flat rate that generally worked out to around $100 per hour. And remember, this was cover that he had been earning to educate people on the best ways to use social media tools such as Facebook and Pinterest to grow their brands. .

If you want to start 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 set up a free profile. Once your profile is set up, people will find you and reserve 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 path for financial advisers 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 many different courses, including courses on a writing software called Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he has earned.

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Most people set up their online course by means of a platform like Teachable.com. Together with Teachable, you can find out this here upload your course materials and utilize the platform to manage customers 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 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 that they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. This has been insanely exciting for me at the time since I wasnt sure I would have the ability to monetize my podcast which much at first. .

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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 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 check my blog 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's still worth considering. .

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Even though the publishing industry was substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will allow you to upload and choose your publication to print without even 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 has a thriving blog (My Work Out of Home Money) and a thriving book publishing business. Hogue has written a few books he's published online to create an ongoing source of passive income. He says that he averages approximately 685 books marketed 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 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 prospects. The main actions you need to finish to create lead earnings work include setting up a website, getting traffic to this site, and making sure you're collecting leads that someone will actually pay for.

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