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Another method to generate money online is through consulting. If youre an expert in any area, 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 large companies, but you might be surprised by the types of experience people will cover. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on both sides in an unlikely industry. Robert explained that, after he had been blogging for a couple of years, a couple brands reached out for him to request to get assistance with social websites and online marketing. .

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Robert said he'd an average of 4-6 of these gigs annually for some time depending on his agenda and the job involved. The best part ishe charged 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 ways to use social media tools such as Facebook and Pinterest to increase their brands. .

If you want to start consulting but arent sure what steps to take next, you can even set up a free account through Clarity.fm. This website lets anyone who wants to provide consulting set up a free profile. Once your profile is set up, people will find you and reserve a session youll receive compensated for. .

If you have any ability you can instruct 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 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 software named Scrivener. Through the years, Michael has earned six figures or more annually selling classes that help people attain the kind of success he has earned.

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Most people set their online course through a platform such as Teachable.com. With Teachable, you can upload your course materials and utilize the platform to manage additional reading clients and accept payments.

Another way to generate money online is by visit this page hosting an online podcast. I've got the Good Financial Cents podcast to go along with my website, and that 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 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 to me in the time since I wasnt sure I'd be able to monetize my podcast that much in the beginning. .

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However, there are tons of folks making far more than me on their own podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the displays most recent income file, 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 with sponsors. This isnt the simplest way to make money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it is still worth considering. .

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While the publishing industry was substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites like useful link Create Space will allow you to upload and take your publication to print without even getting an official 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 includes a successful site (My Work Out of Home Money) and also a thriving book publishing business. Hogue has written several books he has published online to make an ongoing source of passive income. He says that he averages about 685 books sold per month to bring in an average of 1,857 in revenue.

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If you think you could write a novel people would want to purchase, this is a wise 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 make money online is by collecting prospects. The main actions that you need to complete to create lead sales work include setting up a website, getting visitors to this website, and making sure you're collecting leads which someone will actually pay for.

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