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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 goals. You might think youre not important enough to consult with large companies, but you might be surprised at the types of expertise people will cover. .

My colleague Robert Farrington of The College Investor is a fantastic example of someone who consulted online on the side in an unlikely industry. Robert explained that, after he had been blogging for a couple of years, a couple brands achieved to him to ask him for assistance with social media and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs annually for some time depending on his agenda and the job involved. The best part ishe billed a flat rate that generally worked out to around $100 per hour. And remember, this was pay he was earning to educate people on the best ways to use social networking tools like Facebook and Pinterest to increase their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even establish 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 get paid for. .

If you have any ability you can teach others, its also possible to prepare an online course 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 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 many different courses, including classes on a writing software named Scrivener. Through time, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he's earned.

Most people set their online course by means of a platform like Teachable.com. Together with Teachable, you can upload your course materials and utilize the platform to manage customers 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 blog, 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 has been 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 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 file, this podcast brought 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 make money read review 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 used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites like Create Space will allow you to upload and choose 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 thriving blog (My Work Out of Home Money) and also a thriving book publishing business. Hogue has written a few books he's published online to create an ongoing source of passive 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 book people would want to purchase, this is a wise strategy to consider since the start-up costs can be minimal and you most likely already have a computer and word processing software anyway.

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Another way to generate money online is by collecting leads. The main actions that you need to finish to make lead earnings work include setting up a website, getting visitors to that site, and making sure you're collecting leads that someone will really cover.