If you had $100 to start a new business, how would you spend it?

How would you find a great free traffic guide? and if you were to set up a squeeze page offering people to download the free guide you found, I get how you would get subscribers, but how would you get payments? Sorry, just with the 'feel' of this thread I was/am hoping fo specifics? If you were to be so kind as to expand, that would be appreciated

I would find a high yielding & converting offer in an evergreen niche (health / wealth / romance), then find a YouTube influencer in my niche with a major following and haggle for a promo video for $100 even if I have to do a percentage deal.

The prospectors would go through an email grabbing page with inducing giveaways (there are loads out there), before landing at the offer. I would then have enough money to buy a domain and hosting for my product using the offers keyword etc and buy some decent traffic.

Bingo up & running in 3-4 weeks.

Please can you tell me what will be some of those different source of incomes.

This is the second time in this post I read about paid traffic? What kind of traffic is that?

When I read this, I got the feeling this is good advice but English not being my native and still a noob I have a hard time following what your saying.

WSO as in warrior special offer? Could you give an example?

And where would I buy backlinks?

@Steve B
You noticed too?!?!?

Are newcomers to the forum aware of this though?

Perhaps reason why thread is receiving replies and isnt closed or because it's been started by a WF admin?

Hey Steve, confirming yes this is my thread and yes it's coming from an admin.

For the most part I'm curious about what people would do with the $100 in their niche to start something new, not after self promotion as much as I am after gauging what people define as an online business... that being said I'm being given more responses about how to build a website, then told to send free traffic to it with no real methodology behind it or an actual product or service to sell (which is the point of a business right?)

That kind of information is what I'd value and you're right - people have to dig for it and it's not in plain sight so current experience is "it's easier to just ask".

It's giving me some ideas for how we should approach segmenting information, let me know if you've got some ideas on this too!

Looking at past threads - there's some good ones for sure, but it seems like it's a rotation of the same content. Whilst we can't beat the classics of internet marketing at times, there are trends and unfortunately trends come and go.

If you up for contributing something more indepth than a "just search for it", send me a PM, I'm all for it

Ah, but how to spend the money...
Website alone is about $8-$10/mo with hosting so there goes all the money... and free Mailchimp.

Don't use a free Auto responder there are tial offers out there for proper autoresponders. I started with a free autoresponder but when I upgraded later I lost all 90% of my list as they needed to opt in again.

I think BigFrank, (in his seemingly antagonistic way), is attempting to state the obvious that it IS pretty impossibly ludacris to assume that a mere $100 could possibly create a sustainable business model, (via any medium - esp. the Internet).

Then again, the OP never really stipulated it be a sustainable business model. Just What would you invest your $100 in?... which CAN be translated into a viable question; (by someone that has no real clue about business and only looking to indulge in a vanity 'hobby').

The Consumer of today is just expecting way too much from Internet vendors than can be supplied with only $100.. and that's just fact. BUT, if you're just looking to "set up" the "possibility" of making a little chump change; (if you're extremely lucky); then sure... $100 can possibly, (if you're extremely lucky), start you out.

Even with your well thought out approach (tyronne78), once those 150 clicks do not produce a 50% conversion rate; (which is like unheard of even by the biggest players on the Net); what do you do? The 150 clicks are GONE... and you MIGHT (realistically) have a couple 'fake' email addresses on your list.

This is not negative. This is just smart business analyzation. If you don't have a contingency plan, you're simply planning for fail.

That's why I said, (in my post), BE REALISTIC.

Hope this helps,
PLP
tecHead

I would do exactly what I did...

I would invest it in a good training program teaching me what to do.

The first thing you need to do is lean a few things....You could search all over the internet to find answers or buy a coaching program...It really depends on how much time you have. I personally didn't want to waste any time, but I could have found everything for free on the internet for sure. This first step is where a lot of people quit, because there are hundreds of methods out there and it can get REALLY confusing.

I remember when I started...I was so confused you have no idea...I had no idea where to start...I spent hundreds of hours reading stuff online until I finally decided to buy a few WSOs. Most of them were good and a few were bad, but overall I learned a lot and it reduced my learning curve.

Then you have to execute like there is no tomorrow. This is also where a lot of people quit. Online marketing is really a mental game in my opinion. It is not hard at all..BUT, first you have to believe it is possible (99% of the people never truly do...even posters on this forum with thousands of posts) then you have to literally endure a lot of pain because learning online marketing is not like going to university...NOBODY is telling you what you have to learn, nobody is giving you deadlines...you are free to do whatever you want...and this is why most people fail. They end up with information overload and they don't take action. They slowly become part of the social club on this forum, have 2000+ posts and don't produce anything of value, other than bash other people and complain.

Then you have to ADJUST because in the online marketing world, YES you can make a lot of money QUICKLY, but things are changing FAST. This is also where a lot of people fail...They make let's say $5k per month with a business, then they take it easy, live the laptop lifestyle then ll of a sudden, a change in the algorithm, a new law, their account get banned, etc and their income is now to ZERO.

I'm telling it like it is. I used to be a financial analyst and I quit everything to pursue Online marketing and I don't regret anything because the money and freedom is great, but there is definitely a huge learning curve.

But to answer your question, I would spend that $100 in a good coaching program, then execute, make money, invest in another one, etc until I feel like I master pretty much enough.

In all honesty it all comes down to the individual and his mindset...Do you have a good attitude? Then if you have a good system and take action, don't quit, you will make it.

If you have everything BUT a bad attitude, you will never make it. I mean...Just read this thread and you will see what I mean..No amount of money will help someone with a bad attitude, and no amount of posts also.

Finally something sounds coherent. I'm sure you don't write the articles/reviews for the 10 niches * 9 stores. Where do you get all the content from? And aprox. how much do I need to invest to do something like that?

Thanks

That could all be done for free. Nobody is locked into buying traffic.

As far as experience, lets be honest, everything listed is on Youtube or Google Search.

And so the myth continues. Did you actually read this thread? lol

Frank

Like everything else offered in this thread - a long, slow ride to nowheresville. lol

MODS - please lock this thread. It's an embarrassment and a total time waster. Not one valid option presented because you simply can't start an Internet business for $100 and only a total loser would attempt to do so.

Frank

FYI - It's post number 28 on the classic view and your last comment is #90 unless a few posts dis-appeared. Guess you are on the Feed View.

To the OP
As far as a $100. in the past I have sold a lot of small stuff with less then $100.00 invested. Most are 1 off products that are not sustainable to create a business. All other things I have done, to make any profit has cost over a $100.00 investment in the beginning. Yet only a few over $100.00 could be turned into an actual business.

What may work (Big if) is buying stuff at garage sales or off Craiglist . Then selling them on E-bay or Amazon. But you better know what you are buying, the cost of shipping and the profit to be made,to be able to re-invest in more inventory. This would take a very long time to scale. I doubt it would work in most places outside the US. IMHO

I wouldn't. Why waste precious time on something that can't be done? Let's just say that we have a different opinion on what actually qualifies as a business.

Frank

True, this thread is full of newbies with SOS, we can try to tell them it is not as easy as it looks, but they will go on their merry way, and probably get nowhere, apart from learning what doesn't work.

But going to upwork, to supposedly make good money. The money there goes up and down like a yo-yo.

But l agree that hiring freelancers to do your dirty work is a good idea.

True, when l first started out with flyers, l bought about $50 worth of graphic elements to do my first flyer, that was rejected, along with another 8.

I have invested about $500 into graphic elements, and $650 into a decent font creation software, since then.

You could start out with $100 and go to Fiverr, it would probably take years to make a few hundred a month from it, and you would just be creating a job, so, not really a business in the true sense of the word.

If you want to create wealth asap, then it takes whatever financial obligations are required, and what effort is required.


Yes!

Forget about Adwords their keyword costs are so high now, only hub sites can afford it, and directing traffic to a squeeze page is long gone.

SEO and SOCIAL MEDIA, long, slow, hard, probably painful, and probably a dead end.

The key to get around traffic, is to seek out hub sites.


Maybe coaching will work, but yet again!

Followed plenty and you know what, most gave out advise with a dripper, or milked their subscribers as much as possible, at least til so many people started leaving that they finally did a live example of a successful campaign, or tried to.

Yet again, the get a mentor idea, will probably waste months or years, til you get this!


Relationship with your list, geesh, l did a Frank Kern setup, used his free videos online for a squeeze page setup, then offered all free one online per week.

Had a 70% optin rate, and good sales for the first funnel, then after that, no amount of free videos and advise would instigate another sale or it was frickin hard to get any more money.

Gurus crap on endlessly about a list, but yet again, not easy to do.

Lol, yes, the Chinese smileys need to go.

Not many. Going to Fiverr, doing gigs for virtually anything, and slowly creaking another hundred or so, is your best option initially.

I did that more than a year ago, worked pretty hard doing graphics for peanuts, but the work was fun, and the customers were pretty stocked with what they got from me, so....

I eventually moved into Graphicriver, Creative Market and others; made almost $1000, and invested that into font software, and a battery for my old laptop.

You may start to see, where l and others are coming from. It is all done in steps, and as Rich Dad, Poor Dad, (a great book) keeps saying you create income producing assets, then use that for frivolous things.

Personally l tend to create income producing assets, then use that to create more or build on said asset. Then spend as little as possible on crap.

An example is going to the Gold Coast for a week, (beaches, etc in AU) for $1,500 but l instead chose to put it into a new Laptop.

If l had gone away l would have come back to a slow, Laptop with issues and 25gigs left on the storage, or memory.

So l skipped the holiday, and have a fast Laptop or tool or income producing asset.

Then l will use this to do flyers and employ someone to do more, then l can use that income stream to go away for a break.

Time will tell!

Hang on something not right here!! do you mean $50 or $100 as that would be
$200 but you can only have a virtual $100 to make good

Jason

Yes, looks like Don, is back with multiple accounts.

PS l didn't say that the screenshot was fake, just having some fun, but l guess fun is a hard concept to get.

John you can't cheat you only have $100 though nice try

Jason

That's a good question.

Another good question.


Fastest way for you perhaps. But again, you only get $100. Do you think it's impossible to set up the model you discussed for less?

I have a neighbor who just set up a business in the last 6 weeks - service based, and she did not have a hundred bucks to kick it off but she has clients and monthly income now trickling in. But I'll tell ya, she is on the flipping phone driving in sales calls the bulk of her day.

The problem with this question (well, just one of them haha) is that there is a request in it to give up what industry we are in.

It's flawed in that the goals of each person here are extremely varied as well.

Assuming the business we are setting up is to be considered successful, when exactly is the success point determined? Is it simply a "double your original investment" or is this "make enough monthly income to live happily ever after"? Or just as one poster suggested to create something that can be sold off?

The mere $100 investment factor is not enough of a challenge IMO - as others have also eluded to what knowledge they may or may not have going in.

Some are smart enough to realize they need more education, some are wise enough to know how to do all of this with no start up capital.

If it's a requirement to spend the money on the actual business itself, then for me I'd probably wind up going to the local dollar store and buying some bulk of something, pairing it with an ebook or guide of some kind that I've written or created, and slapping the package up to fleabay - of course not without some initial research to see what is selling and figuring out how I can sell it better and for more. That can be expanded upon with profits going into getting some product from an original source, branding that up, and tossing that into amazon. From there it's expansion of the product line of course.

I'm partial to selling physical products that are useful along side some knowledge that can help consumers get the most out of what ever it is they've bought.