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Another way to generate money online is via consulting. In case youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business objectives. You may think youre not important enough to consult with big companies, but you could be surprised by 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 both sides in an unlikely industry. Robert explained that, after he had been blogging for a few years, a couple brands achieved for him to request to get help with social media and online marketing. .

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Robert stated he did an average of 4-6 of these gigs per year for a while depending on his schedule and the job involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And remember, this was pay he had been earning to advise people on the best approaches to use social media tools like Facebook and Pinterest to increase 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 lets anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and book a session youll receive paid for. .

In case you have any skill you can teach others, its possible to prepare 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 provide 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 offers several different classes, including classes on a writing applications called Scrivener. Over time, Michael has earned six figures or more annually selling classes that help people 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 course materials and utilize the platform to manage clients 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 website, 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 that they were willing to pay $8,000 for me to include a short clip at the beginning of each podcast for 90 days. This has been insanely exciting for me in this website 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 far more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the shows 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 ahead 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 is still worth considering. .

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Even though the publishing industry was heavy in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites such as Create Space will let you upload and take your book to print without even getting a formal publisher involved, and you can even get your book on Amazon.com so people can purchase it there. .

A blogger I know named Joseph Hogue has a successful site (My Work from 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 you could look here income. He says he averages approximately 685 books marketed a month to bring in an average of 1,857 in revenue.

If you think you could write a novel people would want to buy, this is a wise way to consider since the startup 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 prospects. The main actions that you need to complete to create lead sales work include setting up a site, getting traffic to that site, and making sure you're collecting leads that someone will actually pay pop over to this site for.