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Another way to generate money online is through consulting. If youre an expert in any field, you might 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 for large companies, but you could be surprised by the kinds of expertise 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 told me that, after he'd been blogging for a few years, 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 per year for a while 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, this was cover he was earning to educate people on the best approaches to use social networking 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 even establish a free account via Clarity.fm. This site lets anyone who wants to provide consulting setup a free profile. Once your profile is set up, people will find you and book a session youll get paid for. .

If you have any ability you can teach others, its also possible to prepare an online course you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own path 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 many different courses, including courses on a writing applications called Scrivener. Read More Here Through the years, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he's earned.

Most people set up their online course through a platform like 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 have the Great Financial Cents podcast to go along with my blog, and 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 brief clip at the beginning of each podcast for 90 days. This was insanely exciting for me in the time since I wasnt sure I would be able to monetize my podcast that much in the beginning. .

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However, there are tons of people making a lot more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the shows most recent income report, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The key to getting forward with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect to sponsors. This isnt the simplest way to generate money online since there are a great deal 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 go now finish the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will let you upload and take 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 includes a thriving blog (My Work from Home Money) and a thriving book publishing business. Hogue has written several books he has published online to create pop over to these guys an ongoing source of passive income. He says he averages about 685 books sold 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 strategy to consider since the start-up costs can be minimal and you probably 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 actions that you need to finish to make lead sales work include setting up a site, getting visitors to that website, and making sure you're collecting leads which someone will really pay for.