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Another way to make money online is via 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 objectives. You might think youre not important enough to consult with big companies, but you could be amazed 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 the side in an unlikely industry. Robert told me that, after he'd been blogging for a few years, a couple brands reached out to him to request to get assistance with social websites and online marketing. .

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Robert stated he'd an average of 4-6 of these gigs per year for a while depending on his schedule and the work involved. The best part ishe billed a flat rate that generally worked out to around $100 per hour. And remember, that was pay that he had been earning to educate people on the best approaches to use social networking tools like Facebook and Pinterest to increase 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 website enables anyone who wants to provide consulting setup a free profile. Once your profile is set up, people will find you and reserve a session youll get paid for. .

In case you have any ability 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 several different courses, including classes on a writing software named Scrivener. Over time, Michael has earned six figures or more annually selling classes that help people achieve the kind of success he's earned.

Most people set their online course through a platform such as 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've got the Good Financial Cents podcast to go along with my website, and I use that stage 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. That has been insanely exciting for me at the time since I wasnt sure I would have the ability to monetize my podcast that much in the beginning. .

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However, there are tons of people making a lot 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 mad.

The 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 simplest way to make 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 substantial in print, you can complete the entire process of writing, publishing, and marketing a publication online these days. Websites such as Create Space will allow you to upload and choose your book 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 has a thriving site (My Work from Home Money) and a thriving book publishing business. Hogue has written a few books he's published online to create an ongoing learn the facts here now source of passive income. He says 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 novel people would want to purchase, this is a wise strategy to consider since the start-up costs 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 collecting leads. The main steps that you need to complete to create lead sales work include setting up a site, getting traffic to this website, and making sure you're collecting leads that someone will actually cover.