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Another method to make money online is through consulting. If youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business goals. You may think youre not important enough to consult with big companies, but you could be surprised by the kinds of experience 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 to him to request for assistance with social media and online marketing. .

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Robert said he did an average of 4-6 of those 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 cover he had been earning to advise people on the best approaches to use social media tools such as Facebook and Pinterest to grow their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even set up a free account through Clarity.fm. This site enables anyone who wants to offer consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll receive paid for. .

If you have any skill you can instruct others, its also possible to set up an online class 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 course 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 presents many different classes, including courses on a writing software named Scrivener. Over the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he's earned.

Many people set up their online course by means of a platform like Teachable.com. With Teachable, you can upload your class materials and utilize the platform to manage customers and accept payments.

Another way to make money online is by hosting an online podcast. I have the Good Financial Cents podcast to go along with my website, and 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 that they were willing to pay $8,000 for me to include a brief clip at the beginning of each podcast for 90 days. That was insanely exciting to me in the time since I wasnt sure I'd be able to monetize my podcast which much at first. .

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However, there are tons of people making a lot more than me on their own 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 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 great deal of logistics that go into writing, recording, and editing a podcast, but it's 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 Get the facts days. Websites such as Create Space will allow you to upload and take your publication to print without getting an official 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 has a successful site (My Work from 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 about 685 books sold per 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 start-up 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 leads. The main actions you need to finish to create lead earnings work include setting up a website, getting visitors to that site, and making sure you're collecting leads which someone will actually pay for.