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I have $2500 in Cash. Where do I invest it online? There are no existing products/services/business systems with me. I just want to grow this money through the internet instead of putting it away in a C.D. Some of my ideas were:
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| | #2 |
| The Niche Blogger War Room Member Join Date: May 2007 Location: California, USA.
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I do not recommend going the PPC route, it can eat up your funds really fast. I would buy content and create blogs that promote affiliate products. (Plus having Adsense on there would be a plus).
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| | #3 |
| Highly Actionable War Room Member Join Date: Oct 2008 Location: Florida
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I wouldnt rule out PPC altogether. He has $2500 to spend. I would look into PPC to CPA, but only budget what you feel comfortable losing on a PPC campaign...if you wanted to go the PPC route.
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| | #4 |
| Senior Warrior Member War Room Member Join Date: Jan 2007 Location: , , USA.
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I would say to take about 1/2 of it and invest it into a site that someone is selling that is already producing income. For $1200 you should be able to pick up a site making around $100 a month. Then you just spend the other half on that site. Outsourced article marketing, outsourced bookmarking/blog commenting, directory submissions, etc... Why mess around and *hope* your site can make money when you can buy one that already is making money. |
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| | #5 |
| Ken Perry War Room Member Join Date: Aug 2008 Location: Tucson, Phoenix AZ
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First investment I would make is....$37.00 to join the War Room...Study long & hard...be like a sponge & soak it all in... Next....Sign up for Paul Myers newsletter (free)... Next....Look into Kevin Riley's Product creation workshop. At the very least...sign up for his product creation newsletter... That's as good of a start as I can suggest to anyone...if that line up doesn't motivate you to make money online...not much will. Save your money...invest your time for now! What you'll learn will point the direction you need to go....then invest in your yourself by having your own products produced... With whats left over...I suggest a bottle of '94, nappa valley Merlot...A couple 1 1/2" thick rib eye steaks...shared with your significant other..that's always a wise investment. |
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| | #6 |
| Mind Your Own Business War Room Member Join Date: Jul 2002 Location: Los Angeles, CA
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Save your money for a little while longer. Before plunking down any money try testing with some of the free resources first like article writing and blogging to promote affiliate products. Once you learn the business and start generating an income, then start upgrading to outsourcing and paid services. $2500 is really not much at all and could go fast.
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| | #7 |
| AdSense Realist War Room Member Join Date: May 2009 Location: Canada
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Once you've got a good idea for a product definitely invest the money there. Spend 80% of the money have the product developed by good people. Give the product away to some people with lots of pull and watch the money come in.
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| | #8 |
| Advanced Warrior War Room Member Join Date: Apr 2008 Location: Australia.
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I d buy websites that already make money! This way all of the work is done and you can put a little extra money in for promotion! You can find sites 4 sale @ flippa.com and forums.digitalpoint.com People also sell sites with the rights to their own products as well, so you don't have to know anything about product creation. I wrote a little post about this here Make Money Online Doing Nothing! | iInternetMoney.com |
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| | #9 |
| HyperActive Warrior Join Date: Jul 2009 Location: US WA
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okey check this WSO it might intrest you. http://www.warriorforum.com/warrior-...guarantee.html I am not a member but i am waiting for the slots to open to i can grab my place. Its like securing your future. |
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| | #10 |
| HyperActive Warrior Join Date: Jul 2009
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Put the money in the bank...and invest time into your mind...learn to become a top Internet Marketer and if you do, you'll make money not invest money. When I started out, I was really down and out and took 200.00 and made $3500.00 in 5 days. Within a month $26,500.00 about. It changed my life forever !! The key to making money online is knowledge....anyone can use the Internet to make money online. Just think of Google as you online "College of Internet Knowledge". Ask google anything....and you may be shocked that with some research you can find the answers to almost anything for free....sure you have to weed through the websites selling junk...but keep at it, the real info is out there. Did you know I learned the Internet by posting the hardest to learn high tech html codes into Googles Browser and Google responded by telling me what those codes meant. I would spy on top ranked website and watch to see what made them tick....if I didn't understand a code....I would search untill I figured it out...including Top secret codes I broke that only a handful of top internet business gurus used. Yes I went to a real college.....but I learned computers, by teaching myself many years ago to look for secrets to how the Internet really works. And if I can do it...so can anyone. It's called desire to succeed. |
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| | #11 |
| Active Warrior Join Date: Aug 2009
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purchase a white hat membership site which you get you residual income of not less than $1000 a month...
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| | #12 |
| Warrior Member War Room Member Join Date: Aug 2009 Location: Austin, TX
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Jagged, I would agree on your recommendation for the product creation lab workshop. Seems to be a hands on product to help test your organization, drive and motivation. Anything is going to take work I reckon. I found this out when I was a member of Site Sell for around the same money. Its all a learning process I guess. Have your tried this Kevin Riley's system yet? |
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| | #13 |
| Warrior Member War Room Member Join Date: Aug 2009 Location: Austin, TX
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I would be interested in hearing any success story's from people who spend $2.5k or less and is not netting more than $400 a week on CPA, PPC, or Clickbank. Any takers for Creative Thinker??? Post away please =) |
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| | #14 |
| Active Warrior War Room Member Join Date: Aug 2009 Location: UK
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Are you looking for short or long term ROI? If I was to go long term I would buy an existing website that generates consistent monthly revenue and take it from there. In general most websites lack quality SEO work, so with a bit of time and effort you could dramatically improve the revenue. If you are not happy after a few months sell it one for more than you bought it for.
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While you were reading my signature your competitor was entering yet another niche.
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| | #15 |
| ebusinessmom Join Date: Aug 2009 Location: Pennsylvania
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I agree that you should invest in a site that is already making money. I've done it. It's really "buying your income," and piggybacking on someone else's success. However, you must be very careful in what you buy and who you buy from. There are scammers out there creating fake screenshots of their payment processors. Make sure you use a service like escrow.com for the transaction and make sure that the seller gives you a guest login to their third party processor so that you can verify the income claims. If they don't want to do that, run as fast as you can.
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| | #16 | |
| Senior Warrior Member War Room Member Join Date: Oct 2006 Location: Lancashire, United Kingdom.
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Here's my suggestion... Hold on to your money, or most of it, and buy Commonsense Direct and Digital Marketing by Drayton Bird. It costs just over $40 from Amazon. Read it thoroughly (it should take about a week or two to read it all). Then decide what you want to do from there. I guarantee you'll thank me afterwards. | |
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| | #17 |
| Hangin out at WF is Work War Room Member Join Date: Apr 2009 Location: Cambridge, Canada
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Take 1/2 and invest it in YOU. Make a formula or plan Then take the other 1/2 and take what you learned and outsource. |
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| | #18 |
| Geek War Room Member Join Date: Sep 2008 Location: LA
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Get in the PPC Game. Fast results, double or triple your initial investment, enjoy life.
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| | #19 |
| Warrior Member War Room Member Join Date: Aug 2009 Location: Austin, TX
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| | #20 |
| Warrior Member Join Date: Aug 2009
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Just sent you PM. It costs only $10 to $40 not $2500. I should make $500 this month.
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| | #21 | |
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| | #22 |
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If I can invest offline @ 10% growth per year... in 20 years it would be just over $16,000 LOL!
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| | #23 |
| HyperActive Warrior War Room Member Join Date: Dec 2008 Location: Raleigh, N.C.
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buy an ecommerce store with hard goods
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| | #24 |
| Senior Warrior Member War Room Member Join Date: Jun 2005 Location: NSW, Australia
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I'd spend it all on content - articles, reports, blog posts. You'll then have a ton of content that you can do what you want with. The possiblities are endless. |
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| | #25 |
| Advanced Warrior War Room Member Join Date: Aug 2008
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Well this is easy... Just listen to Tina from Los Angeles talking about all the monies she makes. (But hurry; it won't be $39.95 for ever.) Your welcome, Zach P.S- Even though the product isn't running now this was a joke. And making money online is not that easy. I'm pretty sure Jeff even went to jail for a bit for these, didn't he? P.P.S- If I were to invest that i'd go to Clickbank and pick a niche I really like that I could easily become an expert in. I'd test out some of the offers in that niche and read up on it. Than after making sure there is a demand out there for the niche I would make a sales page better than the other offers with a product that over delivers and has a series of upsells. Of course that sounds easy. But it never exactly works out as planned. ![]() But that's a good way to spend all your money on something that is almost guaranteed to work. P.P.P.S- You should have a bigger budget before getting into PPC/PPV. Although you could get into it now you run the risk of hitting a few bad attempts, remember not many are winners, and losing all the money. |
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| | #26 | |
| Active Warrior War Room Member Join Date: Jun 2008 Location: , , USA.
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Yes, I agree. PPC can kill you. A buddy of mine used the word "MySpace" and bid on it a few years ago. He bid high like over $5.00 a click. Then his Internet went out and woops... He had a mega bill. This is not a wise thing to start out with. Cheers! | |
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| | #27 |
| HyperActive Warrior War Room Member Join Date: Feb 2009
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As others have said, PPC can kill you if you don't know what you're doing. Having said that, I recommend that you read around and don't throw your money at anyone's product just yet. Find something that seems suiting to your situation and commit to it. Daret |
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| | #28 |
| Steve War Room Member Join Date: Aug 2009 Location: Florida
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Purchase a bunch of domain names and setup a bunch of affiliate sites. It's cheap. Purchase automated software and promote the sites to get high search engine rankings. And of course add AddSence
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| | #29 |
| Active Warrior War Room Member Join Date: May 2008 Location: Florida
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Do you want to just invest and collect money or do you want to run a business?
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| | #30 |
| Senior Warrior Member War Room Member Join Date: Jul 2008
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4'th option is the best, go for it. Make sure you try clickbank advertising too. |
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| | #31 |
| The Domain Guy War Room Member Join Date: Sep 2008 Location: New Delhi, India
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I would invest $1k in expired, quality domains with existing traffic, PR and backlinks. Park the ones making good money. Develop the rest. Sell the developed ones when they get to $1/day - quite easy with quality expired domains. Rinse. Repeat. |
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Have a great new year folks!
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| | #32 |
| Street Level Bum Marketer Join Date: Apr 2008 Location: Borneo
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Here'a simple blueprint: 1)Identify a niche with low competition and high search counts ($0) 2.Find a bestselling CB product related to your niche($0) 3.Set up an opt-in page($7 a month or $84 a year) 4.Build backlinks till you reach Google's 1st page and ranked in the top 3 (Angela + Paul's Backlinks $13 a month or $156 a year) and (Winson Yeung backlinking service $100 for 150 backlinks) Total Cost= $84 (Website) + $156(Paul and Angela's Backlinks) + $100(Winson Yeung Service) = $340 One niche will only cost you about $340 and since you have $2500, you can afford to repeat step 1-4 for another 6 niches to make solid money!! My 2c.. |
| "Many of life’s failures are people who did not realize how close they were to success when they gave up."--Thomas Edison
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| | #33 |
| Warrior Member Join Date: Aug 2009
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The best way forward is good old hard work involving physical goods. I have tried digital products but there is so much involved in terms of finding out the right product or Niche. With physical product, you can settle on a product you love or if you are in it for the money a product in demand. Note that there are 4 seasons in a year and that means market tastes "change". Think about it, research it then go for it. |
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| | #34 |
| HyperActive Warrior Join Date: Feb 2009
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| PPC ----> CPA is the way to go. Just be very diligent and watch your campaigns very closely when you begin. |
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| | #35 |
| HyperActive Warrior War Room Member Join Date: Jul 2009 Location: Caribbean
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Great topic with many different avenues to think over. Do what you feel passionate about... Thats my reccomendation. |
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| | #36 | |
| HyperActive Warrior Join Date: Dec 2008
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My 2 cents. | |
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| | #37 |
| Hangin out at WF is Work War Room Member Join Date: Apr 2009 Location: Cambridge, Canada
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This is a great thread and I find it interesting. My thinking is that your skills are more important them money to make money in the IM game? Thoughts? |
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| | #38 | |
| HyperActive Warrior Join Date: Dec 2008
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| | #39 |
| Active Warrior Join Date: May 2006 Location: , , .
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How about a vacation? You should get a rather nice place in the sun for that kind of money. ;-) Sorry!! Now, what I would strongly recommend you do it get a personal mentor. At one point I had three - two in the US and one in the UK. (Now I have one.) Having that drive behind you and with you is brilliant. However, be careful... your selection must be carefully undertaken. Today, I was talking with someone who wants me to be their mentor. I gave two hours of guidance, suggested they work on the issues we discussed for next week and after that we'll see where we go from there. We didn't discuss fees, times, how etc. etc. It's a crucial relationship and has to be right for both sides. If you find that a possible mentor is telling you fees and what he or she will do right away, steer clear and find someone who has "your" interest at heart... I hope this helps... |
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Geoff Carter Business Success Consultant Go to: http://www.BusinessSuccessConsultant.com Success Not Stress | |
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| | #40 |
| HyperActive Warrior War Room Member Join Date: Aug 2009
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Personally I would pay for a mentor's help and advice. I'm an Alex Jeffrey's student and his coaching programme has worked wonders for me and my business... You'd still have cash left over too! |
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"Discover The Simple Niche Marketing System That Banked As Much As $4,928.34 In Just 24 Days... From Scratch!" http://www.FastProfitsFormula.com http://www.warriorforum.com/warrior-...-discount.html | |
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| | #41 |
| Warrior Member War Room Member Join Date: Aug 2009 Location: Austin, TX
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Creative Thinker, Keep us posted on what avenue/s you go.....looks like you made the investment for the war room...is that forum worth it? Let us know how it is working out for you!!... |
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| | #42 |
| clever7 War Room Member Join Date: Mar 2009 Location: Athens, Greece
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| Don’t do anything yet. First of all, study and learn about all the possibilities you have. Besides reading what people post on forums, sign up for free trials. This means that you’ll have around two weeks or a month, depending on the offer, to learn about a certain method of making money online, as if you were a regular subscriber. Learn as much as you can during the free trial, and then cancel your subscription. Look for another interesting program. Sign up again for another free trial and so on, until you’ll learn enough from many experts, and only then make your decision. |
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| | #43 |
| HyperActive Warrior Join Date: Aug 2009
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You must be careful. Do'nt just jump in. Take the advice of Mark Grove seriously. Before you get involved in anything - google it extensively. Check their background - real reviews etc. A lot of advice is free. Learn and experience first. Stay away from PPC - you can wake up broke in the morning. |
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| | #44 | |
| HyperActive Warrior War Room Member Join Date: May 2008 Location: United Kingdom.
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If you are a newcomer to this game the best advice I could give you is to invest at least half of the money in your own education. It's true that there's a lot of info out there for free but when you're starting out you don't know what to focus on and a lot of what you'll find is misleading cr*p and will waste your time (and life). The truth is that to make any money online you need to know how to generate traffic. This is not easy. If it was we'd all be sitting on the Copacabana beach sipping pina coladas rather than bumming around late at night in the Warrior Forum ![]() All the other stuff (creating websites, graphic design, article marketing, ecommerce, blogging, marketing etc) is either easy or easily outsourced. But it's all a waste of effort (and money) if you don't know how to generate traffic. If you can invest some money acquiring up-to-date skills in the art and science of getting traffic you'll be well placed to use the rest of your money wisely, outsourcing the stuff you don't want to do or don't have time to do. Money can't buy you an easy entry to IM but it can help you learn where you need to be. Good luck! Sarah | |
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