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Another way to generate money online is through 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 goals. You may think youre not important enough to consult for large companies, but you might be amazed by the kinds of experience people will cover. .

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 had been blogging for a couple of years, a couple of brands achieved to him to request to get assistance with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs per year for a while 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, 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 also establish a free account via Clarity.fm. This site lets anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and reserve a session youll receive compensated for. .

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

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Most people set their online course by means of a platform such as Teachable.com. Together with Teachable, you can upload your course materials and use the platform to manage customers and accept payments.

Another way to generate money online is by hosting an online podcast. I've got the Great Financial Cents podcast to go along with my blog, and that I use that platform to find new sponsors and advertisers all 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 brief 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 have the ability to monetize my these details podcast that much in the beginning. .

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However, there are tons try here 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 shows most recent income file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The key to getting ahead with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isnt the easiest way to generate 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 substantial in print, you can complete 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 a formal 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 has a thriving blog (My Work from Home Money) and also a thriving book publishing business. Hogue has written several books he's published online to make 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.

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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 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 steps you need to finish to create lead sales work include setting up a website, getting traffic to that website, and making sure you're collecting leads which someone will really pay for.

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