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Another way to generate money online is via consulting. If youre an expert in any field, you could potentially find individuals willing to pay you to counsel them on their personal or business objectives. You may think youre not important enough to consult for large companies, but you could be surprised by the types of experience people will cover. .

My colleague Robert Farrington of The College Investor is a good example of someone who consulted online on both sides in an unlikely industry. Robert told me that, after he'd been blogging for a few years, a couple of brands achieved for him to ask him for assistance with social websites and online marketing. .

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Robert said he did an average of 4-6 of those gigs annually for some time depending on his schedule and the job involved. The best part is, he charged a flat rate that usually worked out to around $100 per hour. And remember, this was cover that 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 even set up a free account via Clarity.fm. This site enables 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 get compensated for. .

If you have any ability you can instruct others, its possible to set up an online course you can advertise online. You can find online classes that teach anything from cooking to marketing or even freelance writing. HeckI even offer my own path 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 many different courses, including courses on a writing applications called Scrivener. Through time, Michael has earned six figures or more annually selling courses that help individuals attain the kind of success he's earned.

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

Another way to make money online is by hosting an online podcast. I have the Great Financial Cents podcast to go along with my blog, and I use that stage 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 brief clip at the beginning of each podcast for 90 days. That has been insanely exciting to me at the time since I wasnt sure I'd be able to monetize my podcast that much in the beginning. .

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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 shows most recent income file, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats mad.

The key to getting forward with home 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 official website 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 nowadays. Websites such as Create Space will let you upload and take your book to print without even getting an official 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's published online to make an ongoing source of passive income. He says he averages approximately 685 books sold per 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 purchase, this is a smart way to consider since the start-up costs can be minimal and you most likely already have a computer and word processing software anyway.

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Another way to generate money online is by collecting leads. The main actions you need to finish to create lead earnings work include setting up a site, getting traffic to that website, and making sure you're collecting leads that someone will really cover.

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