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Another way to generate money online is through consulting. If youre an expert in any area, you could potentially find individuals willing to pay you to counsel them on their personal or business objectives. You may think youre not important enough to consult for big companies, but you could be surprised at the kinds of experience 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 explained that, after he had been blogging for a few years, a couple of brands achieved to him to request for help 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 agenda and the job involved. The best part ishe charged 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 media tools such as Facebook and Pinterest to increase their brands. .

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

If you have any skill you can teach others, its also possible to prepare an online course you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI 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 presents many different classes, including classes on a writing applications named Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he's earned.

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

Another check it out way to generate money online is by hosting an online podcast. I've got the Great 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 that 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 at the time since I wasnt sure I'd be able to monetize my podcast that much in the beginning. .

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But, 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 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 forward 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 generate money 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 was substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online nowadays. Websites such as Create Space will let you upload and take 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 purchase it there. .

A blogger I know named Joseph Hogue has a thriving site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written several books he has published online to make an ongoing source of passive income. He says that he averages about 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 wise way 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 steps that you need to complete to make lead earnings work include setting up a site, getting traffic to this site, and making sure you're collecting leads that someone will actually cover.

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