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Another method to make money online is via consulting. In case youre an expert in any field, you might potentially find individuals willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult with big companies, but you could be surprised at the kinds of expertise people will cover. .

My colleague Robert Farrington of The College Investor is a good 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 to him to request 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 a while depending on his schedule and the job involved. The best part ishe billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was pay he had been earning to educate people on the best approaches to use social media 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 even establish a free account through Clarity.fm. This website lets anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll receive compensated for. .

If you have any ability you can teach others, its also 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. Heck, I even offer 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 courses, including classes on a writing applications called Scrivener. Through time, Michael has earned six figures or more annually selling classes that help people attain the kind of success he has earned.

Many people set their online course through a platform such as Teachable.com. With Teachable, you can upload your class materials and use the platform to manage clients and accept payments.

Another way to make 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 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 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 podcast that much at first. .

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But, there are tons of people making far 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 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 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 industry visit homepage was substantial in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will allow you to upload and choose your publication 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 blog (My Work Out of Home Money) and a thriving book publishing business. Hogue has written several books he has published online to make an ongoing source of passive income. He says he averages approximately 685 books marketed 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 strategy to consider since the start-up costs can be minimal and you most likely already have a computer and word processing applications anyway.

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Another way to make money online is by collecting prospects. The main steps that you need to complete to make lead earnings work include setting up a website, getting visitors to this website, and making sure you're collecting leads which someone will actually cover.