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Another method to make money online is via consulting. If youre an expert in any area, you might potentially find people willing to pay you to counsel them on their personal or business goals. You might think youre not important enough to consult with large companies, but you might be amazed at the kinds of experience people will pay for. .

My colleague Robert Farrington of The College Investor is a fantastic example of someone who consulted online on both sides in an unlikely industry. Robert explained that, after he had been blogging for a few years, a couple of brands achieved for 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 those gigs per year for a while depending on his agenda and the work involved. The best part ishe charged 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 media 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 also set up a free account through Clarity.fm. This site 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 compensated for. .

In case you have any skill you can instruct others, its also possible to prepare an online class you can advertise online. You can find online courses that teach anything from cooking to marketing or even freelance writing. Heck, I even offer my own path for financial advisors 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 classes, including classes on a writing software named Scrivener. Through the years, Michael has earned six figures or more annually selling courses that help people achieve the kind of success he's earned.

Most 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 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 website, and I use that stage to find new sponsors and advertisers all 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 in the time since I wasnt sure I would have the ability to monetize my podcast which much in the beginning. .

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

The real 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 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 publication online nowadays. Websites like Create Space will allow you to upload and choose 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 thriving blog (My Work Out of Home Money) and also a thriving book publishing business. Hogue has written a few books he's published online to make an ongoing source of passive income. He says he averages about 685 books sold 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 strategy to consider since the start-up costs can be minimal and you probably review already have a computer and word processing applications anyway.

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Another way to make money online is by collecting prospects. The main steps that you need to complete to make lead earnings work include setting up a website, getting traffic to this website, and making sure you're collecting leads which someone will really pay for.