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Another way to generate money online is through consulting. If youre an expert in any field, you might potentially find individuals 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 fantastic example of someone who consulted online on the side in an unlikely industry. Robert explained that, after he'd been blogging for a few decades, a couple of brands achieved for him to ask him to get assistance 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 agenda and the work 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 cover that he had been earning to advise people on the best ways 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 also set up a free account through Clarity.fm. This site enables anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and reserve a session youll receive paid for. .

If you have any skill you can teach 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 offer my own course 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 classes, including courses on a writing software named Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success he's earned.

Most people set up their online course through a platform like Teachable.com. Together with Teachable, you can upload your class 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 Good Financial Cents podcast to go along with my blog, 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 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 have the ability to monetize my podcast that much at first. .

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But, click here for more there are tons of people making far more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income report, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats mad.

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 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's 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 nowadays. Websites such as Create Space will let you upload and choose your publication to print without getting an official publisher involved, and you can even get your book on Amazon.com so people can buy it there. .

A blogger I know named Joseph Hogue includes 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 create an ongoing source of passive income. He says that he averages approximately 685 books sold a month to bring in an average of 1,857 in revenue.

If you think you could write a book a knockout post people would want to buy, this is a smart strategy to consider since the startup prices 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 finish to create lead sales work include setting up a website, getting visitors to this website, find more and making sure you're collecting leads that someone will really cover.