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Another method 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 may think youre not important enough to consult for big companies, but you might be amazed at the types of experience 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 explained that, after he'd been blogging for a few decades, a couple of brands achieved to him to request for assistance with social websites and online marketing. .

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Robert said he'd an average of 4-6 of those gigs per year for a while depending on his schedule and the work involved. The best part ishe billed a flat rate that usually worked out to around $100 per hour. And remember, that was pay that he was earning to advise people on the best ways to use social networking tools like Facebook and Pinterest to increase their brands. .

If you want to get started consulting but arent sure what steps to take next, you can also set up a free account through Clarity.fm. This site 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 get compensated for. .

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

Most people set up their online course by means of a platform such as Teachable.com. Together 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 that I use that platform to find new sponsors and advertisers all the time.

I remember getting my first sponsor on the podcast and finding out 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 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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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 brought 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 with 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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Even though the publishing industry used to be heavy in print, you can finish the entire process of writing, publishing, and marketing a publication online nowadays. Websites such as Create Space will allow you to upload and take your book 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 successful blog (My Work Out of Home Money) and a visit this site thriving book publishing business. Hogue has written a few books he has published online to create an ongoing source of passive income. He says that he averages approximately 685 books marketed a month to bring in an average of $1,857 in revenue.

If you think you could write a book people would want to purchase, this is a wise strategy 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 prospects. The main steps that you need to finish to make lead earnings work include setting up a website, getting visitors to that site, and making sure you're collecting leads that someone will really cover.