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Another method to make money online is via consulting. If youre an expert in any area, you could potentially find individuals willing to pay you to counsel them on their personal or business objectives. You may think youre not important enough to consult with large companies, but you could be surprised at the types of experience 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 brands achieved to him to ask him for help with social media and online marketing. .

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Robert said he did an average of 4-6 of those gigs per year for some time depending on his schedule and the work involved. The best part ishe charged a flat rate that usually worked out to around $100 per hour. And remember, that was pay that he had been earning to advise people on the best approaches to use social media 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 also establish a free account via Clarity.fm. This site lets anyone who wants to provide consulting set up a free profile. Once your profile is set up, people will find you and book a session youll get compensated for. .

In case you have any ability you can instruct others, its possible to set up 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 offer 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 presents many different courses, including classes on a writing software named Scrivener. Over time, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he has earned.

Most people set up their online course by means of a platform such as Teachable.com. With Teachable, you can upload your class materials and use 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 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 in the time since I wasnt sure I'd have the ability to monetize my podcast which much in the beginning. .

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However, there are tons of folks making a lot more than me on their own 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 key to getting forward with podcasting is finding your niche, growing an site audience, and then finding ways to monetize and connect with sponsors. This isnt the easiest way to make money online since there are a great deal of logistics that go into writing, recording, and editing a podcast, but it is still worth considering. .

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While the publishing industry used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will let you 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 buy it there. .

A blogger I know named Joseph Hogue includes a successful site (My Work from Home Money) and a thriving book publishing business. Hogue has written several books he's published online to make an ongoing source of passive income. He says that he averages about 685 books sold a month to bring in an average of $1,857 in revenue.

If you think you could write a novel people would that site want to purchase, this is a wise strategy to consider since the startup prices can be minimal and you probably already have a computer and word processing applications anyway.

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Another way to make money online is by collecting leads. The main steps you need to finish to make lead earnings work include setting up a website, getting traffic to that website, and making sure you're collecting leads that someone will actually cover.