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Another method to generate 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 with big companies, but you might be surprised by the types of experience 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 couple of years, a couple of brands achieved for him to ask him for assistance with social websites and online marketing. .

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Robert said he'd an average of 4-6 of those gigs per year for a while depending on his agenda and the job involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And keep in mind, this was pay he was earning to educate 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 site lets anyone who wants to provide consulting set up a free profile. Once your profile is initiated, people will find you and reserve a session youll receive compensated for. .

If you have any skill you can teach others, its also possible to set up an online class you can market online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even provide my own course for financial advisors 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 classes, including classes on a writing software named Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help people attain the kind of success he's earned.

Many people set up their online course by means of a platform like Teachable.com. With Teachable, you can upload your class materials and utilize 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 I use that platform 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 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'd be able to monetize my podcast that much at first. .

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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 shows most recent income report, 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 audience, and then finding ways to monetize and connect to sponsors. This isnt the easiest 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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Even though the publishing go to this website industry used to be substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online nowadays. Websites like Create Space this will let you upload and choose your publication 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 includes a successful blog (My Work from Home Money) and also a thriving book publishing business. Hogue has written a few books he has published online to create 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 buy, this is a smart way to consider since the start-up prices can be minimal and you most likely 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 you need to complete to make lead earnings work include setting up a site, getting visitors to this site, and making sure you're collecting leads which someone will actually pay for.