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Another way to make money online is via consulting. If youre an expert in any field, you might potentially find individuals 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 could be amazed at the kinds of expertise people will pay for. .

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 told me that, after he had been blogging for a couple of decades, a couple of brands reached out for him to ask him for assistance with social media and online marketing. .

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Robert said he did an average of 4-6 of those gigs annually for a while 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 keep in mind, that was cover that he was earning to educate 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 also establish a free account through Clarity.fm. This website enables anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll receive compensated for. .

In case you have any skill you can teach 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 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 classes, including courses on a writing software called Scrivener. Over the years, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he's earned.

Many people set their online course by means of a platform such as Teachable.com. Together with Teachable, you can upload your course materials and use the platform to manage clients 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 stage to find new sponsors and advertisers all 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 short clip at the beginning of each podcast for 90 days. That has been insanely exciting to me in the time since I wasnt sure I would have the ability to monetize my podcast that much in the beginning. .

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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 file, this podcast brought 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 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's still worth considering. .

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While the publishing industry was heavy in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites such as 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 that people can buy it there. .

A blogger I know named Joseph Hogue has a thriving site (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 that he averages approximately 685 books marketed per 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 is a wise way to consider since the startup costs can be minimal and you probably 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 browse around this site to complete to make lead sales work include setting up a site, getting traffic to that site, and making sure you're collecting leads that someone will actually cover.