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Another way to generate money online is through consulting. In case youre an expert in any field, you could potentially find people willing to pay you to counsel them on their personal or business objectives. You might think youre not important enough to consult with big companies, but you might be amazed by the types of expertise people will pay for. .

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'd been blogging for a few years, a couple brands reached out for him to ask him to get help with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs per year for some time depending on his schedule and the job involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And remember, this was cover he was earning to educate 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 even set up a free account via Clarity.fm. This site enables anyone who wants to provide consulting set up 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 ability you can teach others, its possible to prepare an online course you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own path 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 offers several different courses, including courses on a writing applications named Scrivener. Through time, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he has earned.

Many people set their online course by means of a platform like Teachable.com. With Teachable, you can upload your course materials and use the platform to manage go right here clients and accept payments.

Another way to generate money online is by hosting an online podcast. I have the Great Financial Cents podcast to go along with my website, and I use that stage 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 brief clip at the beginning of each podcast for 90 days. This was 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 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 crazy.

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 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 visit a book online nowadays. 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 that people can purchase it there. .

A blogger I know named Joseph Hogue includes a thriving blog (My Work from Home Money) and also a thriving book publishing business. Hogue has written several books he has published online to create an ongoing source of passive income. He says that he averages about 685 books marketed a 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 check is a wise way to consider since the startup prices can be minimal and you most likely 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 steps you need to complete to create lead sales work include setting up a website, getting traffic to this website, and making sure you're collecting leads which someone will really cover.