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Another method to make money online is through consulting. If youre an expert in any area, you could 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 for big companies, but you could be amazed at the types of expertise people will pay for. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on both sides in an unlikely industry. Robert explained that, after he'd been blogging for a couple of years, a couple of brands reached out to him to ask him for help with social websites and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs annually for some time depending on his schedule and the work involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And keep in mind, that was cover he had been earning to advise people on the best ways to use social media tools like Facebook and Pinterest to grow their brands. .

If you want to start consulting but arent sure what steps to take next, you can also establish a free account through Clarity.fm. This website enables anyone who wants to provide consulting set up 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 ability you can instruct others, its possible to set up an online course you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI 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 presents several different classes, including courses on a writing software named 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 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 make money online is by hosting an online podcast. I have the Great Financial Cents podcast to go along with my website, and that I have a peek at these guys use that stage to find new sponsors and advertisers all of the time.

I 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 would have the ability to monetize my podcast that much at first. .

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

The real 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 make 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 used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. Websites such as Create Space will allow you to upload and take your book to print without getting an official publisher basics involved, and you can even get your book on Amazon.com so that people can buy it there. .

A blogger I know named Joseph Hogue includes a successful site (My Work from Home Money) and also 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 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 novel people would want to purchase, this is a wise way to consider since the startup 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 steps you need to complete to make lead earnings work include setting up a site, getting traffic to that website, and making sure you're collecting leads that someone will really cover.

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