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Another way to generate money online is through consulting. In case youre an expert in any area, you might potentially find individuals willing to pay you to counsel them on their personal or business objectives. You might think youre not important enough to consult for large companies, but you could be amazed at the kinds of experience people will pay for. .

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 had been blogging for a few decades, a couple of brands reached out to him to request to get assistance 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 some time depending on his agenda and the work involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And keep in mind, that was cover he was earning to advise people on the best ways to use social networking 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 also set up a free account via Clarity.fm. This site lets anyone who wants to provide consulting set up 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 prepare an online course 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 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 offers many different courses, including classes on a writing applications called Scrivener. Through the years, Michael has earned six figures or more annually selling classes that help individuals achieve the kind of success he's earned.

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 customers and accept payments.

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

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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 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 simplest way to generate 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 substantial in print, you can finish the entire process of writing, publishing, and marketing a book online these days. Websites such as 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 people can buy it there. .

A blogger I know named Joseph Hogue has a successful blog (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 about 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 way to consider since the startup prices can be minimal and you most likely 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 steps you need to finish to create lead earnings work include setting up a website, getting traffic to this website, and making sure you're collecting leads which someone will really pay for.