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Another method to make money online is through 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 goals. You might think youre not important enough to consult for large companies, but you might be surprised by the kinds of expertise people will cover. .

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 couple of decades, a couple of brands reached out for him to ask him to get assistance with social websites and online marketing. .

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Robert said he did an average of 4-6 of these gigs annually for some time depending on his schedule and the job involved. The best part ishe charged a flat rate that generally worked out to around $100 per hour. And remember, this 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 provide 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 teach others, its possible to prepare 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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This past Year, I profiled my friend Joseph Michael of Easy Course Creation. Michael presents many different classes, including classes on a writing software called Scrivener. Over time, Michael has earned six figures or more annually selling classes that help individuals attain the kind of success he's earned.

Many people set up their online course through a platform like Teachable.com. Together with Teachable, you can get more 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've got the Great Financial Cents podcast to go along with my website, and that I use that platform to find new sponsors and advertisers all the time.

I still 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 for me in the time since I wasnt sure I'd be able to monetize additional info my podcast that much in the beginning. .

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However, there are tons of folks making a lot more than me on their own 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, 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 generate money online since there are 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 was heavy in print, you can finish the entire process of writing, publishing, and marketing a book 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 buy it there. .

A blogger I know named Joseph Hogue includes a thriving blog (My Work from Home Money) and also a thriving book publishing business. Hogue has written a few books he's published online to create an ongoing source of passive income. He says that he averages about 685 books sold per month to bring in an average of $1,857 in revenue.

If you think you could write a book people would want to buy, this is a smart strategy to consider since the startup prices can be minimal and you most likely already have a computer and word processing applications anyway.

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