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Another way to generate money online is via consulting. In case 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 might be amazed at the kinds 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 told me that, after he'd been blogging for a couple of years, a couple brands achieved for him to ask him for help with social media and online marketing. .

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Robert stated he'd an average of 4-6 of those gigs annually for a while depending on his agenda and the work involved. The best part is, he billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover he was earning to advise 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 set up a free account through Clarity.fm. This website lets anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and book a session youll get compensated for. .

If you have any ability you can instruct others, its also possible to prepare an online class 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 courses, including courses on a writing software named Scrivener. Through the years, Michael has earned six figures or more annually selling classes that help individuals attain the kind of success he's earned.

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

Another way to make money online is by hosting an online podcast. I've got the Good Financial Cents podcast to go along with my blog, and I use that next 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. This has been insanely exciting to me in the time since I wasnt sure I would have the ability to monetize my podcast which much at first. .

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However, 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 displays 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 easiest way to generate money view it now online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it is still worth considering. .

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While the publishing industry used to be substantial in print, you can finish the entire process of writing, publishing, and marketing a book online nowadays. Websites such as Create Space will let you 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 people can purchase it there. .

A blogger I know named Joseph Hogue includes a thriving site (My Work from Home Money) and also a thriving book publishing business. Hogue has written several books he's published online to make 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.

If you think you could write a book people would want to buy, this is a wise strategy to consider since the start-up prices 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 browse around here collecting leads. The main actions that you need to finish to make lead sales work include setting up a site, getting traffic to that website, and making sure you're collecting leads that someone will actually pay for.