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Another way to make money online is via consulting. In case 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 may think youre not important enough to consult for big companies, but you might be amazed at the types 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 explained that, after he'd been blogging for a few decades, a couple brands reached out for him to ask him to get assistance with social media and online marketing. .

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Robert said he'd an average of 4-6 of those gigs per year 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 cover that he had been earning to advise people on the best ways to use social media 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 through Clarity.fm. This website enables 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 paid for. .

In case you have any ability you can teach others, its possible to prepare an online course you can market 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 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 courses on a writing applications called Scrivener. Through 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 their online course by means of a platform like Teachable.com. Together with Teachable, you can upload your course materials and use the platform to manage customers 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 website, 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. This has been insanely exciting for me at the time since I wasnt sure I'd be able to monetize my podcast that much in the beginning. .

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But, there are tons of folks making a lot more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the original source the shows most recent income file, this podcast brought in a net income of over $400,000 in March 2018. Now, thats mad.

The 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 simplest 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 used to be substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will allow you to upload and choose 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 buy it there. .

A blogger I know named Joseph Hogue has a thriving blog (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 sold a month to bring in an average of $1,857 in revenue.

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If you think you could write a novel people pop over to this site would want to buy, this is a smart strategy to consider since the startup 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 actions you need to complete to make lead earnings work include setting up a site, getting traffic to that site, and making sure you're collecting leads which someone will really cover.

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