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Another method to make money online is via 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 objectives. You may think youre not important enough to consult with 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 good example of someone who consulted online on both sides in an unlikely industry. Robert told me that, after he had been blogging for a few decades, a couple brands achieved for him to request for help with social websites and online marketing. .

 

 

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Robert stated he'd an average of 4-6 of those gigs annually for a while depending on his schedule and the job involved. The best part ishe charged a flat rate that usually worked out to around $100 per hour. And remember, this was cover he was earning to educate people on the best ways to use social networking tools such as Facebook and Pinterest to increase their brands. .

If you want to start consulting but arent sure what steps to take next, you can even set up a free account via Clarity.fm. This site enables anyone who wants to offer consulting set up a free profile. Once your profile is initiated, people will find you and reserve a session youll get compensated for. .

If you have any ability 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. HeckI 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 offers several different classes, including courses on a writing applications named Scrivener. Over time, Michael has earned six figures or more go to this website annually selling courses that help individuals achieve the kind of success he has earned.

 

 

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Many people set up their online course through a platform such as 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've got the Good Financial Cents podcast to go along with my website, and that I use that platform to find new sponsors and advertisers all of 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 short clip at the beginning of each podcast for 90 days. That was insanely exciting to me in the time since I wasnt sure I'd be able to monetize my podcast which much at first. .

 

 

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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 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 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's still worth considering. .

 

 

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Even though the publishing industry used to be heavy in print, you can complete the entire process of writing, publishing, and marketing a book online these days. Websites such as Create Space will allow you to upload and take your publication to print without even 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 has a thriving site (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 he averages approximately 685 books marketed a month to bring in an average of $1,857 in revenue.

 

 

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If you think you could write a book people would want to buy, 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 you need to finish to make lead earnings work include setting up a website, getting traffic to that website, and making sure you're collecting leads which someone will actually cover.

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