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Another method to generate money online is via consulting. In case youre an expert in any area, you could 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 for large companies, but you might be amazed by the types of experience people will pay for. .

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 explained that, after he had been blogging for a couple of decades, a couple of brands reached out for him to ask him for assistance with social websites and online marketing. .

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Robert said he'd an average of 4-6 of those gigs annually for some time depending on his agenda and the job involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover he had been earning to educate people on the best approaches to use social networking tools like 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 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 initiated, people will find you and reserve a session youll get compensated for. .

If you have any skill you can teach others, its possible to prepare an online course you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI even provide my own course 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 presents 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 people achieve the kind of success he has earned.

Many people set their online course through a platform such as Teachable.com. 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 Good Financial Cents podcast to go along with my blog, and that I use that platform to find new sponsors and advertisers all of 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 was insanely exciting for me at the time since I wasnt sure I'd have the ability to monetize my podcast that much in the beginning. .

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However, there are tons of folks making far more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income file, this podcast brought 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 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 substantial 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 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 More Help know named Joseph Hogue has a successful site (My Work Out of Home Money) and also a thriving book publishing business. Hogue has written a few books he has published online to create 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.

If you think you could write a novel people would want to buy, this is a wise way to consider since the start-up prices can be minimal and you most likely already have a computer and word processing applications anyway.

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Another way to generate money online is by collecting leads. The main steps you need to complete to make lead sales work include setting up a website, getting visitors to that site, and making sure you're collecting leads which someone will actually cover.