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Another method to generate money online is through consulting. If youre an expert in any field, 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 for big companies, but you might be surprised at 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 both sides 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 for assistance with social media and online marketing. .

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Robert stated he did an average of 4-6 of these gigs annually for a while depending on his agenda and the work involved. The best part ishe charged a flat rate that usually 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 approaches to use social networking tools like 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 initiated, people will find you and book a session youll get compensated for. .

In case you have any ability you can instruct others, its also 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. 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 several different courses, including courses on a writing applications named Scrivener. Over time, Michael has earned six figures or more annually selling courses that help people attain the kind of success he has earned.

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Most people set up their online course by means of a platform such as Teachable.com. With Teachable, you can upload your course 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 blog, and I use that stage to find new sponsors and advertisers all of 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 in the time since I wasnt sure I'd have the ability to monetize my podcast which much at first. .

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But, there are tons of folks 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 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 make 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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Even though the publishing industry was substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will let you upload and take your book to print without getting a formal 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 has a successful site (My Work Out of 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 approximately 685 books marketed a month to bring in an average of $1,857 in revenue.

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If you think you could write a book people would want to purchase, this is a smart strategy to consider since the start-up 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 have a peek here by collecting prospects. The main steps that you need to complete to make lead sales work include setting up a website, getting visitors to that site, and making sure you're collecting leads which someone will actually cover.

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