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Another method to make money online is through consulting. In case youre an expert in any field, 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 with big companies, but you might be surprised by the types of expertise 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'd been blogging for a few decades, a couple brands achieved to him to request for help with social media and online marketing. .

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Robert said he did an average of 4-6 of those gigs per year for some time depending on his agenda and the job involved. The best part is, he billed a flat rate that generally worked out to around $100 per hour. And remember, that was cover he was earning to advise people on the best approaches to use social networking tools such as Facebook and Pinterest to grow their brands. .

If you want to start consulting but arent sure what steps to take next, you can even establish a free account via Clarity.fm. This website lets anyone who wants to offer consulting set up a free profile. Once your profile is set up, people will find you and book a session youll receive compensated for. .

In case you have any skill you can instruct others, its possible to prepare an online class you can market online. You can find online classes that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own course 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 many different classes, including courses on a writing software named Scrivener. Through time, Michael has earned six figures or more annually selling courses that help individuals achieve the kind of success he has earned.

Many people set their online course through a platform such as Teachable.com. Together with Teachable, you can upload your class materials and utilize the platform to manage customers and accept payments.

Another way to make money online is by hosting an online podcast. I've got 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 short clip at the beginning of each podcast for 90 days. This has been insanely exciting to me at the time since I wasnt sure I would have the ability to monetize my podcast which much at first. .

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However, there are tons of people making far more than me on their own 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 key to getting ahead 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 make money online since there are check my blog a great deal 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 used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites like Create Space will allow you to upload and choose your publication to print without even getting an official publisher involved, and you can even get your book on Amazon.com so people can purchase it there. .

A blogger I know named Joseph Hogue includes a successful site (My Work from Home Money) and also a thriving book publishing business. Hogue has written several books he's published online to create 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.

If you think you could write a novel people would want to purchase, this is a smart way to consider since the start-up prices can be minimal and you most likely 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 actions that you need to complete to make lead sales work include setting up a site, getting visitors to that website, and making sure you're collecting leads which someone will actually cover.