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Another method to make money online is through 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 big companies, but you might be surprised by the kinds of expertise people will pay for. .

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 had been blogging for a couple of years, a couple brands achieved to him to request to get assistance with social media and online marketing. .

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Robert said he'd an average of 4-6 of these gigs annually for some time depending on his schedule and the job involved. The best part is, he billed a flat rate that usually worked out to around $100 per hour. And remember, that was cover he had been earning to advise people on the best ways to use social networking tools such as Facebook and Pinterest to increase their brands. .

If you want to get started consulting but arent sure what steps to take next, you can even set up a free account through Clarity.fm. This site lets anyone who wants to offer consulting setup a free profile. Once your profile is set up, people will find you and book a session youll get paid for. .

If 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 offers many different courses, including classes on a writing applications called Scrivener. Through 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 their online course by means of a platform like Teachable.com. With Teachable, you can upload your class materials and utilize 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 I use that platform to find new sponsors and advertisers all of 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 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'd have the ability to monetize my podcast that 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 report, this podcast introduced in a net income of over $400,000 in March 2018. Now, thats crazy.

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 great deal of logistics that go into writing, recording, and editing a podcast, but it's still worth considering. .

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While the publishing industry was heavy in print, you can complete the entire process of writing, publishing, and marketing a book online nowadays. Websites such as Create Space will allow you to upload and choose your publication to print without even getting an official publisher involved, like it and you can even get your book on Amazon.com so people can buy it there. .

A blogger I know named Joseph Hogue includes a thriving site (My Work from Home Money) and a thriving book publishing business. Hogue has written several books he has published online to make 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 book people would want to buy, this is a wise strategy to consider since the startup costs 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 steps that you need to complete to make lead sales work include setting up a website, getting visitors to this site, and making sure you're collecting leads which someone will actually pay for.