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Another method to generate money online is via consulting. In case youre an expert in any area, 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 for big companies, but you might be amazed by the types of experience 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 told me that, after he had been blogging for a couple of years, a couple of brands achieved to him to ask him to get help with social websites and online marketing. .

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Robert said he'd an average of 4-6 of these gigs per year for a while depending on his agenda and the work involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And remember, that was pay he had been earning to educate people on the best ways to use social media tools like Facebook and Pinterest to grow their brands. .

If you want to start consulting but arent sure what steps to take next, you can even establish a free account through Clarity.fm. This site lets anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll get compensated for. .

In case you have any skill you can instruct 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 advisors who want to take their businesses online The Online Advisor Growth Formula. .

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This past Year, I profiled my friend Joseph Michael of Easy Course Creation. Michael offers many different courses, including courses on a writing software 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.

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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 utilize the platform to manage 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 platform to find new sponsors and advertisers all 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 brief 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 a lot 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 brought in a net income of over $400,000 in March 2018. Now, thats crazy.

The real key to getting ahead 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 make 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 finish the entire process of writing, publishing, and marketing a why not look here book online these days. Websites like Create Space will allow you to upload and choose your book to print without even 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 includes a successful blog (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 that he averages approximately 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 buy, this is a smart strategy to consider since the start-up 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 you need to finish to create lead earnings work include setting up a site, getting visitors to this website, and making sure you're collecting leads which someone will actually cover.

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