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Another method to generate money online is via 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 goals. You may think youre not important enough to consult with big companies, but you might be amazed at the types 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 told me that, after he had been blogging for a few decades, a couple brands reached out to him to request for help with social websites and online marketing. .

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Robert stated he'd an average of 4-6 of these gigs per year for a while depending on his agenda and the work involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And keep in mind, that was pay he had been 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 get started consulting but arent sure what steps to take next, you can even establish a free account through Clarity.fm. This website enables anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and reserve a session youll get paid for. .

If you have any skill you can teach others, its also possible to prepare an online course you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even provide 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 presents several different courses, including classes on a writing applications named Scrivener. Over the years, Michael has earned six figures or more annually selling sites classes that help individuals attain the kind of success he has earned.

Many people set up their online course by means of a platform like 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 have the Good Financial Cents podcast to go along with my website, and I use that platform to find new sponsors and advertisers all of 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 was insanely exciting for me in the time since I wasnt sure I'd be able to monetize my podcast that much at first. .

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But, there are tons of folks making a lot more than me on their podcasts. Take the Entrepreneur On Fire Podcast hosted by John Lee Dumas. According to the shows most recent income file, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats mad.

The real 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 lot 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 Visit Website used to be substantial in print, you can finish the entire process of writing, publishing, and marketing a publication online these days. Websites like Create Space will let you upload and take your book to print without getting a formal 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 includes a thriving site (My Work from Home Money) and a thriving book publishing business. Hogue has written a few books he's published online to create an ongoing source of passive income. He says he averages approximately 685 books marketed per month to bring in an average of 1,857 in revenue. great post to read

If you think you could write a book people would want to purchase, this is a smart way to consider since the startup costs 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 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 pay for.