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Another method to make money online is via consulting. If youre an expert in any field, you might potentially find people willing to pay you to counsel them on their personal or business objectives. You might think youre not important enough to consult with big companies, but you could be surprised by the types 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 told me that, after he had been blogging for a few decades, a couple brands reached out to him to request for assistance with social websites and online marketing. .

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Robert stated he did an average of 4-6 of those gigs annually for a while depending on his schedule 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, this was pay he had been 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 start consulting but arent sure what steps to take next, you can even set up a free account via Clarity.fm. This website enables anyone who wants to offer consulting setup a free profile. Once your profile is initiated, people will find you and reserve a session youll get 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 provide 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 called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help people attain the kind of success he has earned.

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Many 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 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 blog, and that 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 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 was insanely exciting to me at the time since I wasnt sure I'd have the ability to monetize my podcast that much at first. .

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However, 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 brought in a net income of over $400,000 in March 2018. Now, see this website thats crazy.

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 easiest 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 used to be heavy 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 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 includes a successful blog (My Work from Home Money) and also a thriving book publishing business. Hogue has written several books he has published online to make an ongoing source of passive income. He says he averages about 685 books marketed a 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 smart way to consider since the start-up prices can be minimal and you probably already have a computer and word processing software anyway.

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Another way to make money online is by collecting leads. The main steps you need to finish to create lead sales work include setting up a website, getting visitors to that website, and making sure you're collecting leads that someone will actually pay for.

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