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Another way to make money online is via consulting. If youre an expert in any area, you might potentially find people willing to pay you to counsel them on their personal or business goals. You may think youre not important enough to consult for large companies, but you might 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 brands achieved for him to ask him for help with social websites 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 schedule and the job involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And keep in mind, this was pay that he was 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 get started consulting but arent sure what steps to take next, you can even set up a free account via Clarity.fm. This website lets anyone who wants to offer consulting set up a free profile. Once your profile is initiated, people will find you and reserve a session youll receive paid for. .

In case you have any ability you can teach others, its possible to set up an online class you can market online. You can find online courses 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 presents several different classes, 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's earned.

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

Another way to generate 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 platform to find new sponsors and advertisers all the time.

I still remember getting my first sponsor on the podcast and finding out 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 for me in the time since I wasnt sure I'd be able to monetize my podcast which much in the beginning. .

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However, there are tons of people 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 report, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

The key to getting forward with podcasting is finding your niche, growing an audience, and then finding ways to monetize and connect with sponsors. This isnt the easiest way to generate money online since there are a lot of logistics that go into writing, recording, and editing a podcast, but it's 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 book online nowadays. Websites like Create Space will let you upload and choose your publication to print without getting a formal 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 successful blog (My Work Out of Home Money) and a thriving book publishing business. Hogue has written a few Check Out Your URL books he has published online to make an ongoing source of passive income. He says he averages about 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 purchase, this is a wise way to consider since the start-up 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 actions you need to complete to create lead sales work include setting up a site, getting visitors to that site, and making sure you're collecting leads that someone will really cover.