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Another way to generate money online is through consulting. In case youre an expert in any field, you could potentially find people willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult with large companies, but you might be surprised by the kinds of experience people will cover. .

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 couple of years, a couple of brands reached out for him to ask him to get assistance with social websites and online marketing. .

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Robert stated he did an average of 4-6 of these gigs annually for some time depending on his schedule and the job involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was pay he was earning to advise people on the best approaches to use social networking 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 even set up a free account through Clarity.fm. This site lets anyone who wants to offer consulting set up a free profile. Once your profile is initiated, people will find you and book a session youll receive paid for. .

If you have any skill you can instruct others, its possible to prepare an online class you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. HeckI even offer 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 several different courses, including classes on a writing software called Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he has earned.

Most people set their online course through a platform such as Teachable.com. Together with Teachable, you can upload your class 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 I use that platform to find new sponsors and advertisers all of the time.

I remember getting my first sponsor on the podcast and finding out they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. That was insanely exciting to me at the time since I wasnt sure I would be able 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 own podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income report, 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 with sponsors. This isnt the simplest 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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While the publishing industry was heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will let you upload and choose your book to print without getting an official publisher involved, and you can even get your book on Amazon.com so people can purchase it there. .

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

If you think you could write a novel people would pop over to these guys want to buy, this is a wise strategy to consider since the startup prices can be minimal and you probably already have a computer and word processing software anyway.

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Another way to make money online is by collecting leads. The main steps check these guys out you need to finish to create lead sales work include setting up a website, getting visitors to this site, and making sure you're collecting leads that someone will actually pay for.