How much would $100 a day cost?

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Actually from what I have seen from some of the movers around here building your own product is the best way to go. Once created it's 100% profit to you and you have the ability to offer an affiliateship to have others sell the product for you.

i don't think you need to risk all your savings on this. i know how it feels to be in your situation. i had to drop out of school cause of a surgery and i couldnt pay my tuition and had debt from the hospital...but that was about 4 years ago. lucky i was able to pay everything off and now I'm started school again. all this is being funded by my IM business. there is hope. trust me..if i can do it you can..

this is what i did. i went off line. local businesses are great. i made a simple wordpress site got them ranked and then showed them the site for them to buy. they are more willing to buy from you when everything is already done and they see numbers. numbers of how many people visited the site. now my rent was only $400 at the time so i didnt have to sell very many sites to cover my expenses, but expenses always have a way of building up one you and soon i moved on the product creation. sold mostly on DP. currently i i make a comfortable living doing offline work and auto blogging.

none of these ways require that much investment upfront. but i suppose if you just want to buy something that has cash flow you can take a look at some established sites up for sale .. i think you have more then enough to get a few sites that generate money. i havent done this(no investment money/just debt) but its worth looking in to.

goodluck and you can PM me anytime. be glad to elaborate on what i do,...if you think it may help.

If you have money to spend the best thing IMHO would be to buy some website that are already earning and then work at making them earn more.

That way you will be making money with your investment right from the get go.

Of course, you would have to be super careful about the sites you bought so that you did not waste your money.

Lee

I would say do the usual newbie startup methods like Adsense or affiliate marketing using the common traffic methods like article marketing, blogging, PPC, etc... Once you learn how the business goes, use your money to outsource the process then scale it and move on to other things (like product creation) if you like.

Here is some important advice based on these facts:

1) You have ALREADY proven you can make some money
2) You have money to invest
3) You clearly understand that it takes money (or at least time) to make money. Money is an accelerant.

GO HIRE PEOPLE.

Seriously. Come up with a detailed plan that you COULD in theory do on your own. Then decide exactly how you can get other people to help you accelerate the results.

Then hire someone (or two people) full time.

FULL TIME help.

THE BEST THING you could possibly do with that $10K is hold on to it, (IMHO). Essentially, invest it in yourself; your education.

You DO NOT need to spend money to get to a point where you're sustaining yourself on a monthly basis IF you're willing to do the work. Getting laid off WITH enough to feed yourself and pay essential bills, (light, cable CONNECTION {not tv}, rent, food {go on a diet})... is enough to put the pressure on you to perform within 60 days.

Spend your first week CRAMMING into your head how to pop up simple WP sites that are based on niches you'll do research on in your second week. Make sure you factor in monetizing those sites with Amazon products, AdSense and ClickBank products.

Search the WP codex for a plug-in, (there's more than one), that will allow you to set a set of keywords that are automatically hyper-linked with the URLs of your choice.

Spend the first part of your second week finding 20 niches with a minimum of 1500 monthly searches and a maximum of 40K searches; collect those keywords.

Spend the second part of your second week writing one article for each of the main 3 keywords for each of the 20 niches.

Read this free article by Matt Bacak...
Slap Google Like a RAG Doll - a knol by Matt Bacak

Follow it to the tee for each of those articles...

You should be in your third week... get it done before the end of your 4th week. That's your first month.

Second month, you should have the above system pretty much down. Now you can rinse and repeat while researching and building out another 20 sites.

(Yes, I'm over simplifying the methodology in this post... but the methodology is sound and being done everyday).

Why do this?
- You're creating a passive income that you can rely on
- Once you have a good solid residual coming in you can finance yourself with other projects
- If you target ONLY $3 per day per site; 20 sites is $1,800mth; ($3 per day per site isn't hard IF you don't drop the ball on your KW research).

You should be in a good place by the middle-end of your third month. Then just keep going until you're at a point where you're hiring your own staff to do the work for you.

YOU control your OWN destiny.

HTH
PLP,
tecHead

tecHead's advice is dead on! If you follow the steps and then carbon copy your efforts you will see the income grow. The trick is not finding ONE BIG THING...it's finding what works and duplicating it over and over! At least when you are getting started.