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Another way to make money online is through consulting. If 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 big companies, but you could be amazed by the kinds of expertise 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 to get assistance with social websites and online marketing. .

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Robert stated he did an average of 4-6 of these gigs per year for some time depending on his schedule and the work involved. The best part is, he charged a flat rate that generally worked out to around $100 per hour. And remember, that was pay that he had been earning to advise people on the best approaches to use social networking tools such as Facebook and Pinterest to increase 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 site enables anyone who wants to provide consulting setup a free profile. Once your profile is initiated, people will find you and book a session youll receive compensated for. .

In case you have any skill you can teach others, its possible to prepare an online class you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even provide my own course for financial advisers 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 several different courses, including classes on a writing software called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he's earned.

Many people set up their online course by means of a platform like Teachable.com. Together with Teachable, you can upload your class materials and use the platform to manage clients and accept payments.

Another way to generate money online is by hosting an online podcast. I have the Great 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 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 try this site podcast for 90 days. That has been insanely exciting for me at the time since I wasnt sure I would be able to monetize my podcast that much at first. .

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But, 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 file, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

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 easiest way to make 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 these days. Websites such as Create Space will let you upload and choose your book to print without even getting a formal publisher involved, and you can even get your book on Amazon.com so that people can buy it there. .

A blogger I know named Joseph Hogue includes a successful site (My Work Out of Home Money) and a thriving book publishing business. Hogue has written a few books he has published online to make an ongoing source of passive income. He says he averages approximately 685 books sold a 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 costs can be minimal and you probably already have a computer and word processing applications anyway.

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Another way to make my link money online is by collecting leads. The main actions that you need to finish to make lead sales work include setting up a site, getting traffic to this site, and making sure you're collecting leads which someone will actually cover.