Help! $6k to build an online biz. What would you do?

43 replies
I have a family & an offline business that keeps me very busy. My business is time consuming but pays the bills & I intend to continue it. (for now) However, my ultimate & most important goal (like probably everyone) is to start to transition to/build up an online business of some sort and eventually quit my day job in a couple of years or asap.

I have $6,000 saved up from my offline business to dedicate to this idea. I might have more $$ to invest in this project later (a few months) but not right now.

My goal is to build a somewhat perceptual income. I don't need the profits right now to live on but would want to reinvest any profits back in to this business.

I can't work it full time but do have maybe 10 hrs/week to focus on this project but would prefer to manage/oversee others doing most of the work. (who wouldn't, right?) I love the idea of outsourcing but don't really have a step by step plan for someone to follow...

I have built a number of affiliate sites in my spare time & understand the basic concepts of affiliate marketing but if I tried to outsource, I'm not sure where to start, what to have others do, what my ultimate business model is...

What would you do w/the $6k to try to build it into a somewhat perpetual income of at least $1,500-$2,000/mo. within 6-8 months and scalable much higher?

Thanks so much for your thoughts!

Randy
#$6k #biz #build #online
  • Profile picture of the author ripsnorta2
    I would take that $6k and invest it into getting your offline business online.

    If you already have a successful offline business, then the absolute smartest thing you can do is to reinvest in that business and build it.

    Either:
    • Build an online presence for your business to bring customers to your door, or
    • Figure out a way to offer the same products and services online

    Otherwise you are just splitting your focus by trying to build a second business, and putting both at risk.

    When your business can easily spare $60K or $600K, then it's time to look into diversifying.
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  • Profile picture of the author picolan
    I'd invest it into an existing online site that can show you it has actual income and traffic. You'll have to do some research and learn how to examine sites, but I think its best to use an exsiting success rather than starting from nothing.
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  • Profile picture of the author ProfitwithAdam
    I go to eTycoon | Building Virtual Real Estate | Website Flipping it is made by Ryan Moran. He is the go to guy on buying online assets (websites) and even Flippa (Main website auction site) use him for expert advice. He has an awesome program.

    I would suggest investing a little bit of the money into his program (I have no affiliate link for him, I just am a happy customer) and then invest on an asset that already makes some money. Then improve the site and either keep it or "flip" it for 12-18 times monthly revenue. Its a great business model.

    Whatever you do, please don't waste your money on any of those get rich quick schemes, and yes there are those here on the warrior forums as well. Nothing is a sure thing, just find something that you like and do that, but just don't quit until your successful. Most people quit right before they hit gold. IE: "Think and Grow Rich" story in the book.
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    • Profile picture of the author randaloopy
      Originally Posted by ProfitwithAdam View Post

      I go to [etycoon.net/"]eTycoon | Building Virtual Real Estate | Website Flipping[/URL] it is made by Ryan Moran. He is the go to guy on buying online assets (websites) and even Flippa (Main website auction site) use him for expert advice. He has an awesome program.

      I would suggest investing a little bit of the money into his program (I have no affiliate link for him, I just am a happy customer) and then invest on an asset that already makes some money. Then improve the site and either keep it or "flip" it for 12-18 times monthly revenue. Its a great business model.

      Whatever you do, please don't waste your money on any of those get rich quick schemes, and yes there are those here on the warrior forums as well. Nothing is a sure thing, just find something that you like and do that, but just don't quit until your successful. Most people quit right before they hit gold. IE: "Think and Grow Rich" story in the book.
      Thanks Adam. I'm interested in the site flipping biz model & it looks like Ryan has a $97 program & a $997 program if I'm not mistaken. I'm wondering if Ryan's $97 program covers all aspects of doing this profitably or do you really need his $997 program to get the "handy dandy software" or whatever else he has to make this work well?

      Do you know? Thanks, Randy
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  • Profile picture of the author codr
    I would buy an established site already generating income and learn from that site from keyword research, link building, and monetizing. Use its analytics to analyze where the traffic is coming from, most visited pages, etc and see if you can improve it. If you prove that you can, then you can be more confident to start on your own.

    That's what I did.
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  • Profile picture of the author netwebpro
    Build few targeted CPA sites with 10k searches on google per month and small competition, then scale up on new sites.
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  • Profile picture of the author theplugindude
    Well..I can refer some website builders who can build micro niche sites for you..
    I have used them and I am earning close to $100 a day from adsense..
    Pm me if u want to..

    Thanks
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    • Profile picture of the author montozza
      Originally Posted by prats2992 View Post

      Well..I can refer some website builders who can build micro niche sites for you..
      I have used them and I am earning close to $100 a day from adsense..
      Pm me if u want to..

      Thanks
      i am interested. these days i am doing research at that in particular. can u reffer me to them or inform me about the "content of package" which they do and price per ...lets say 3 to 5 blogs for the start...?1
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  • Profile picture of the author Matt Poc
    Here is simple way to do this:

    1. Write an article every day and link to your squeeze page from your resource box, so you build your email list. Don't submit that article to ezinearticles.com - it is dead. Submit that as a blog guest post to a popular blog or submit it to a popular site in your niche. Much more effective. Some sites in internet marketing niche: Site-Reference.com, BetterNetworker.com, Startup.biz, and Mashable.com

    2. Have a follow up with affiliate promotions. Find products with high commissions (100%) or membership sites, or high ticket items. You will make more money.

    3. After someone opt ins, send them to a thank you page with 3 affiliate offers/banners

    THAT'S IT!

    Is it easy?

    No...

    It is not easy to write a HIGH VALUE article every day and submit that as a guest post or to popular site in your niche. You have to be consistant. If you're not - it may even not look simple... BUT, if you take ACTION, you will make money as fast as next week!

    Cheers,
    Matt Poc
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    • Profile picture of the author randaloopy
      Originally Posted by Matt Poc View Post

      Here is simple way to do this:

      1. Write an article every day and link to your squeeze page from your resource box, so you build your email list. Don't submit that article to ezinearticles.com - it is dead. Submit that as a blog guest post to a popular blog or submit it to a popular site in your niche. Much more effective. Some sites in internet marketing niche: Site-Reference.com, BetterNetworker.com, Startup.biz, and Mashable.com

      2. Have a follow up with affiliate promotions. Find products with high commissions (100%) or membership sites, or high ticket items. You will make more money.

      3. After someone opt ins, send them to a thank you page with 3 affiliate offers/banners

      THAT'S IT!

      Is it easy?

      No...

      It is not easy to write a HIGH VALUE article every day and submit that as a guest post or to popular site in your niche. You have to be consistant. If you're not - it may even not look simple... BUT, if you take ACTION, you will make money as fast as next week!

      Cheers,
      Matt Poc
      Thanks, Matt
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    • Profile picture of the author makingiants
      Originally Posted by Matt Poc View Post

      Here is simple way to do this:

      1. Write an article every day and link to your squeeze page from your resource box, so you build your email list. Don't submit that article to ezinearticles.com - it is dead. Submit that as a blog guest post to a popular blog or submit it to a popular site in your niche. Much more effective. Some sites in internet marketing niche: Site-Reference.com, BetterNetworker.com, Startup.biz, and Mashable.com

      2. Have a follow up with affiliate promotions. Find products with high commissions (100%) or membership sites, or high ticket items. You will make more money.

      3. After someone opt ins, send them to a thank you page with 3 affiliate offers/banners

      THAT'S IT!

      Is it easy?

      No...

      It is not easy to write a HIGH VALUE article every day and submit that as a guest post or to popular site in your niche. You have to be consistant. If you're not - it may even not look simple... BUT, if you take ACTION, you will make money as fast as next week!

      Cheers,
      Matt Poc
      Waitaminnit...you said that ezinearticles is DEAD?!?
      As in Captain Marvell dead-dead for good?!?

      Wow. I heard that Google was changing it's algorithms, but
      I didn't think that this would be the result.

      Quite interesting...

      Vince aka makingiants.

      P.S. Whatever you do with the $6K, don't spend it all in 1 place.
      You do have a successful offline biz, so maybe you should look to
      take it online and expand it. You already know your biz backwards
      and forwards, so there's no learning curve-except internet marketing.

      Stay here in the Warrior forum. You'll get your internet marketing Ph.D
      in record time!

      Hope you make $600K!
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      • Profile picture of the author randaloopy
        Originally Posted by makingiants View Post

        Waitaminnit...you said that ezinearticles is DEAD?!?
        As in Captain Marvell dead-dead for good?!?

        Wow. I heard that Google was changing it's algorithms, but
        I didn't think that this would be the result.

        Quite interesting...

        Vince aka makingiants.

        P.S. Whatever you do with the $6K, don't spend it all in 1 place.
        You do have a successful offline biz, so maybe you should look to
        take it online and expand it. You already know your biz backwards
        and forwards, so there's no learning curve-except internet marketing.

        Stay here in the Warrior forum. You'll get your internet marketing Ph.D
        in record time!

        Hope you make $600K!
        Thanks bud very much! I appreciate the advice and especially the part about the 600k. Randy
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        • Profile picture of the author Chris Sorrell
          Set up some great looking squeeze pages and then use a bit of that money to start driving some traffic so you get into the habit of continually list building. Then, you could look at creating some products and spend some more money on testing etc and then start approaching some jv partners with your offer/data.

          Once you have a solid product then you could always spend the remaining money on a JV contest or some funds towards travelling to some marketing summits where you can rub shoulders with some people who may be worth knowing. You could still have some left over for some reasonable copywriting services and/or a membership site which you could also look to promote.
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  • Personally I would try to start the business myself without outsourcing. This is a great way to learn it. Then once you know it, you can outsource the simple time consuming tasks.

    First decide what model you want to use to generate income - Amazon affiliate, clickbank, adsense, your own product etc.

    Then build a site around it.

    Get some material on SEO and how to make your site search engine friendly.

    Once you are ranking, rinse and repeat.

    You're in a fortunate position where you have some good money to invest. I would invest a portion of it in IM tools to help you out. I invest $100 every month in new tools and services to build my business. It's not much when you think you are trying to build a business.

    I would do this if I was you. You don't need to invest any more than a few hundred a month. Learn the business, read a few courses and hang around here for a while. You will be amazed how much you learn. Then once you have a good understanding of how you are going to build your online business, you can use your $6k to outsource its development.

    That's what I would do anyway...
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    • Profile picture of the author Dan C. Rinnert
      Is this $6k you want to invest or simply throw away?

      If you're interested in site flipping, have you done any? Are you sure it's something you're going to enjoy doing? Or want to do?

      I'd do a search here on the topic and read threads on it. Give it a try yourself before sinking a lot of money into it. A lot of things sometimes seem appealing, until you get into them and try to do them yourself. Then, sometimes, they become less appealing, or not as easy, or profitable, or just so mind-numbingly boring that you dread getting up in the morning and turning on the computer.

      You might also want to check this thread and read the ideas for Scenario C that people had. It's a little different from your situation, but may help you with ideas.

      The other question is, is your family and offline business(es) something that is marketable online? If you're doing well enough that you have money to spare, can it be ramped up with Internet marketing? Maybe scale it to the point where you can hire a manager or whatever so it doesn't take as much of your time?
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      • Profile picture of the author randaloopy
        Originally Posted by Dan C. Rinnert View Post

        Is this $6k you want to invest or simply throw away?

        If you're interested in site flipping, have you done any? Are you sure it's something you're going to enjoy doing? Or want to do?

        I'd do a search here on the topic and read threads on it. Give it a try yourself before sinking a lot of money into it. A lot of things sometimes seem appealing, until you get into them and try to do them yourself. Then, sometimes, they become less appealing, or not as easy, or profitable, or just so mind-numbingly boring that you dread getting up in the morning and turning on the computer.

        You might also want to check thread and read the ideas for Scenario C that people had. It's a little different from your situation, but may help you with ideas.

        The other question is, is your family and offline business(es) something that is marketable online? If you're doing well enough that you have money to spare, can it be ramped up with Internet marketing? Maybe scale it to the point where you can hire a manager or whatever so it doesn't take as much of your time?
        Thanks Dan. Yes I want to invest for a return. I realize that the easiest outcome to achieve is to turn the $6k into $1k or less in a matter of weeks via foolish spending decisions...

        I haven't flipped a site yet. It seems like a viable biz model into the future considering technology, the numbers of people online, demand, etc. but I haven't researched it very throughly yet. Just considering my options...

        I read the thread about scalability and scalability is absolutely at the forefront of my thinking process.

        My offline biz is as online as it really can be. The main problems with it is it's very local (as opposed to online with a potential worldwide audience) & nothing happens unless I make it happen. Tried many things over the years, but it's about as good as I can get it right now.

        Thanks again for the thoughts & ideas. My brain is working overtime today. Randy
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        • Profile picture of the author Stephen Dean
          I'd look at it this way. In your first venture, you're probably going to learn from your mistakes, right? So I'd make it a $2k mistake instead of a $6k mistake.

          I like the idea of buying an established site, because getting consistent traffic takes work. It'd be good to look at the analytics of an existing site so that you can study how traffic REALLY works. This education would just be a free bonus that comes with buying the site.

          Cheers,
          Stephen Dean
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        • Profile picture of the author Dan C. Rinnert
          Originally Posted by randaloopy View Post

          My offline biz is as online as it really can be. The main problems with it is it's very local (as opposed to online with a potential worldwide audience) & nothing happens unless I make it happen. Tried many things over the years, but it's about as good as I can get it right now.
          Are there online businesses that you could create that would leverage the assets of the offline business?

          For example, if you have a local computer repair company, well, people in California might not be willing to ship their computer to you to get it fixed, but you know where to get wholesale parts and supplies, so you could sell components online at retail costs. Or, you could use your computer repair experience to create DIY guides to sell.

          If you have a grocery store, you have connections to purchasing probably not only food but other things like kitchen tools, toys, books and all those other non-food items grocery stores carry. You could perhaps come up with some niche website for selling a certain type of item online that isn't readily available. Or maybe you have access to private label food products. Maybe there are regional spices or foods you could sell across the country to people who moved from your area or are just interested in trying different things.

          If your offline business is successful, maybe you could do consulting services for other businesses. Maybe create info products along those lines.

          Just thinking out loud here, as I don't know what type of offline business you have. But, if you can find a way to leverage the assets of the offline business, that may be easier and get you a step ahead in the game for creating an online business. You won't be starting exactly at the ground floor. Even if there's not a direction relationship, even something tangental will still give you a headstart.
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  • Profile picture of the author blalock61
    Join this Mastermind Group. You need a good mentor.

    I wish I would have found it before the price went up.
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    Effort & Attitude!

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    • Profile picture of the author randaloopy
      Originally Posted by blalock61 View Post

      [warriorforum.com/warrior-special-offers-forum/302809-you-need-join-mastermind-group-already-stop-pussy-footing-around-lets-get-serious-together.html"]Join this Mastermind Group[/URL]. You need a good mentor.

      I wish I would have found it before the price went up.
      Hmmm. That is a great idea. I think that's exactly what I need. I've been thinking about so many systems/programs,etc. that I'm more confused that anything else... I'm gonna give that some serious thought.

      Thanks! Randy
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  • Profile picture of the author ProfitwithAdam
    WOW! Mark Hoverson with GRN!! Global Resorts Network (GRN) in this economy? Are you kidding me? Wow, multi-level marketing on the Warrior Forum!! That's bad.

    I was in GRN, then Waiora then Monovie. That MLM stuff was not for me and all they ever did was spend my money. If you want to do that, be my guest, but if begging friends to buy products from you isn't your gig then don't do that. Plus, you will have monthly products your going to have to buy each month to maintain your commission level for the next month. Ridiculous!

    Adsense, Affiliate products, creating products, flipping websites are all sustainable business models online.

    As for your question on Ryan Morans $97 course "Lump Sum Profits", its a great course! I own it and have used it to build sites and then sell them for nice little returns. Its more of a way to get your feet wet before building your empire. I suggest getting this course first and then build up to the $997 course if you decide this route is right for you. Again, I have no affiliation, just a happy customer.

    I for one, like Adsense and Affiliate sites. The Adsense is passive income, which I love. I can go on vacation or take a day off and I still make money. All because I did good SEO, keyword research, built the websites correctly and did it all legitimately. I didn't screw anybody out of their money or convinced someone they needed to buy something. I provided good content and put ads on my website. That's it. If I want to Flip those sites, which sometimes I do, I flip them for a nice return on my initial investment.

    In any case, take it slow. If your looking for a fast way to get rich, then bet everything, all $6,000 on black at the casino, cuz you may have better luck there. However, if you want to build a sustainable income stream online, then stick to this forum and soak up as much knowledge as you can and find one or two things you want to do and stick with them.
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    • Profile picture of the author randaloopy
      Originally Posted by ProfitwithAdam View Post

      WOW! Mark Hoverson with GRN!! Global Resorts Network (GRN) in this economy? Are you kidding me? Wow, multi-level marketing on the Warrior Forum!! That's bad.

      I was in GRN, then Waiora then Monovie. That MLM stuff was not for me and all they ever did was spend my money. If you want to do that, be my guest, but if begging friends to buy products from you isn't your gig then don't do that. Plus, you will have monthly products your going to have to buy each month to maintain your commission level for the next month. Ridiculous!

      Adsense, Affiliate products, creating products, flipping websites are all sustainable business models online.

      As for your question on Ryan Morans $97 course "Lump Sum Profits", its a great course! I own it and have used it to build sites and then sell them for nice little returns. Its more of a way to get your feet wet before building your empire. I suggest getting this course first and then build up to the $997 course if you decide this route is right for you. Again, I have no affiliation, just a happy customer.

      I for one, like Adsense and Affiliate sites. The Adsense is passive income, which I love. I can go on vacation or take a day off and I still make money. All because I did good SEO, keyword research, built the websites correctly and did it all legitimately. I didn't screw anybody out of their money or convinced someone they needed to buy something. I provided good content and put ads on my website. That's it. If I want to Flip those sites, which sometimes I do, I flip them for a nice return on my initial investment.

      In any case, take it slow. If your looking for a fast way to get rich, then bet everything, all $6,000 on black at the casino, cuz you may have better luck there. However, if you want to build a sustainable income stream online, then stick to this forum and soak up as much knowledge as you can and find one or two things you want to do and stick with them.
      Thanks Adam. No, MLM is definitely not for me. I'm trying to offer something valuable to people who are happy to buy it as opposed to... I signed up for a webinar w/Ryan so I'm looking forward to that.

      And if I lost this money at a casino or get rick quick scheme, my wife wouldn't let me forget it... I'm just fact finding right now. Randy
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  • Profile picture of the author RichardDean
    First thing I would Recommend

    Take Dave Ramsey 13 week financial peace university course.

    Hope That Helps
    Richard
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    • Profile picture of the author randaloopy
      Originally Posted by RichardDean View Post

      First thing I would Recommend

      Take Dave Ramsey 13 week financial peace university course.

      Hope That Helps
      Richard
      Thanks Richard. I checked Dave Ramsey's site out & I'm gonna do his online program. It's not expensive & it looks like that can only help how we view money. Randy
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  • Profile picture of the author Mike McAleer
    buy a script and launch a sweet site. ScriptCopy.com
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    Recent domain flips : $8->$1000 Social recruiting Software dot com $8->$2000 MobileSalesSoftware.com
    Invest in domains without the hard work !
    Email for details...Mike McAleer at me dot com

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  • Profile picture of the author iAmNameLess
    Check your PM's! I sent a little bit of info there for you.

    If you already have done a little bit of affiliate marketing... you have a bit of knowledge already, and your offline business is successful so I'm sure you can turn 6K into more. Build out a mass amount of sites, make some nice adsense income, the ones that aren't making money, you flip! Very easy to do, and not much risk involved.
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  • Profile picture of the author Smarter Life
    The best way to get your online business going is to take what you are already doing and think of smarter ways to do it. eg Set up a membership site & facebook group about your business for recurring passive income.
    Or can you use your knowledge about your service in ways to help solve your customers problems with out you being there? Eg dvd of FQA
    For other ideas just visit the top 20 sites of your niche in Google and put your own uniqueness on it - do not try to "re-invent the wheel"

    You could invest in buying a successful website in your niche and use Google analytics as a guide to the changes you make to build your business as you get instant feedback into what is working so you no longer need to waste money on things that do not work like broadcasting ads because you are just guessing offline.

    I suggest you invest in getting a coach that you can work with, who will teach you what they are actually doing to make money online now - Be-aware there are lots of "gurus" & "experts" happy to sell you crap that stopped working a few years ago.
    Remember most people under 50 look on line before they buy anything and can do price comparisons - even while in your store, via their cell phones so will not visit your store if you are not found in Google's top 20 or their social network or on their smart phone apps
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  • Profile picture of the author DWolfe
    Originally Posted by randaloopy View Post

    I can't work it full time but do have maybe 10 hrs/week to focus on this project ...

    I have built a number of affiliate sites in my spare time & understand the basic concepts

    What would you do w/the $6k

    Randy
    I would save the 6k for now and keep that for an emergency.


    I would work on those affilates sites you have investing your 10 hours each week into them and education here. Once the affilates create steady income I would leverage them. Then consider outsourcing some of the work.


    After ramping up those sites, you can try to branch out into other area's.
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    • Profile picture of the author imon32red
      I wouldn't spend any money right now.

      First you need to figure out what you want to do in IM. Read the forum until you find an idea that you like. Then do it until you make money at it. At that point you will know what you can spend your money.

      For instance, if you want to continue to do the affiliate sites, keep working at it until you know what you want to outsource. I have someone that creates affiliate websites for me. I do the research on the product that I want to market. Then I do the keyword research. I outsource the website creation and the content for the website. Its easy to get someone else to do all aspects of it for me. However, I see much better results when I do the product and keyword research.

      The biggest problem that I see with investing 6K into IM right now is that you don't have enough background to lead those you outsource. Nothing personal, its just something that you need to consider. If you are only receiving a mediocre return on your investment, your income from IM will be mediocre at best. You need to be able to lead your team and have them produce the highest quality work.
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      I'm not selling anything.
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    • Profile picture of the author randaloopy
      Originally Posted by DWolfe View Post

      I would save the 6k for now and keep that for an emergency.


      I would work on those affilates sites you have investing your 10 hours each week into them and education here. Once the affilates create steady income I would leverage them. Then consider outsourcing some of the work.


      After ramping up those sites, you can try to branch out into other area's.
      I have emergency money saved up. This money I consider seed money that I want to use wisely to build a real business online. Just don't exactly which way to go. (yet) Thanks! Randy
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  • Profile picture of the author pdrs
    Save the majority of it, spend a few hundred bucks (up to maybe a thousand) building up a few niche websites, do some article marketing, learn about SEO, backlinking, content creation, trial a few outsourcers/services etc... Even invest in a QUALITY training program (no push-button ****) and take action.

    Do the majority of it yourself (10 hours per week is fine) and learn the ropes BEFORE you start spending all your cash. Otherwise you might find your $6000 doesn't take you very far.
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    RemoteControlHelicopterReviews.(com/net) - Up for sale! No reasonable offer refused. Great branding for a super hot niche!
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  • Profile picture of the author akif
    You will get thousands of tips but Just make sure you dont mess up and mix up your mind, Focus and be more Specific Good luck for a better Future
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  • Profile picture of the author elenatlw
    make a wordpress blog/site for your business, SEO-optimized.
    start building backlinks to your site (articles, press releases etc)
    build a facebook fanpage for your business.
    buy an AUTORESPONDER service and start collecting leads offering a free report of value.
    use text SMS messaging to better promote special offers etc.
    Use paid advertising (PPV, PPC, facebook ads) in order to build your mailing list and promote your products.
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  • Profile picture of the author Fazal Mayar
    You could buy an established site or either pay for outsourcing work such as seo and etc. I would invest on buying 2,3 domains and begin work for it and invest the extra money later on for services.
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    Blogger at RicherOrNot.com (Make Money online blog but also promoting ethical internet marketing)

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  • Profile picture of the author iAmNameLess
    Well, he could easily build out 100 sites... 100 domains after keyword research... and put adsense on them. It is a numbers game, but his investment would be made back pretty quickly. It is simple to make $1 a day on a site...100 sites making $1 a day... gives 3 grand a month. A 500% minimum return on investment in a year, is pretty damn good. Now... lets say he makes all that back in a few months, and buys another 100 sites... he's doubling the income.

    There are people on this forum that are making over 100K a month through their empire of adsense sites.
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  • Profile picture of the author lotsofsnow
    I would like to know first what your offline business is.

    Offline or online is not a classifying thing.

    For example if you are currently publishing stuff offline, the best idea would be to go into online publishing.

    If your offline business has to do with painting houses, you should find something that is related to that.

    There are many so called gurus that tell you to jump on this or that. BS.

    You can make money with almost anything. It has to be needed and wanted and you have to be competent in delivering it.

    If you only jump onto something because some guru told you to or because it looks like good money, I can guarantee one thing: failure.

    And another thing: You should not show off money in public and also not in a forum. I would consider it out security.

    Send me a PM or contact me on Skype if you need more help.
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    • Profile picture of the author Devid Farah
      Ok,

      Lets be serious here warriors, many of us do have 6k to throw around I know I do, but one thing is for certain, I would not be site flipping, I would not be buying sites that already make money, I would'nt put in the piggy bank either.

      All business models ONLINE is still driven by a sale. Its not a business if you don't have a sale.

      So with 6K I would research a topic, specifically one that people want to get online.

      Create a few of the products, market, test them with Adwords, find a few that work and continue to grow the business.

      6K can go a very long way especially if you are prepared to go the extra mile.

      All the best,
      Devid
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    • Profile picture of the author owenlee
      Originally Posted by hpgoodboy View Post

      I would like to know first what your offline business is.

      Offline or online is not a classifying thing.

      For example if you are currently publishing stuff offline, the best idea would be to go into online publishing.

      If your offline business has to do with painting houses, you should find something that is related to that.

      There are many so called gurus that tell you to jump on this or that. BS.

      You can make money with almost anything. It has to be needed and wanted and you have to be competent in delivering it.

      If you only jump onto something because some guru told you to or because it looks like good money, I can guarantee one thing: failure.

      And another thing: You should not show off money in public and also not in a forum. I would consider it out security.

      Send me a PM or contact me on Skype if you need more help.
      Yup i totally agree..You should use part of the money that you have to bring your offline business to online because you already have the information about your business...from there is easier to expand your business too
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  • Profile picture of the author O0o0O
    Congratulations on your interest in internet marketing! Before you begin, I would respectfully recommend that you not put all your eggs in one basket. It's important to have a diverse array offline and online businesses that complement and supplement each other. If one goes down, then the others are there to hold up you and your family. I'd recommend using that $6,000 to do build as many niche websites as it would take to reach about $10,000 per month income via Adsense, Clickbank and Amazon, then reinvesting that monthly income into offline investments such as real estate and purchasing brick and mortar businesses.
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  • Profile picture of the author clever7
    What would you do w/the $6k to try to build it into a somewhat perpetual income of at least $1,500-$2,000/mo. within 6-8 months and scalable much higher?


    Don’t spend a cent before knowing very well what you are doing. I advise you to learn very well internet marketing by being a regular member of the Warrior forum. Be patient.

    You should become a War Room member. The fee is only $37, and it’s the best investment you could make in your life. Don’t buy anything else. You don’t need anything else. Be a good student here at the Warrior forum, and when you’ll be able to make a smart business plan, only then do something, without having to ask anyone.

    I don’t like mentors. Lear by yourself, by reading many posts and many free ebooks at the War Room. Read also various marketing plans. I don’t think that just anyone could become a member of the War Room because it is too valuable and it’s very easy to do so. I’m afraid that the price my increase or something may happen because it is too valuable. $37 is nothing before all the advantages you have for being a War Room member.

    Take care!
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  • Profile picture of the author theory expert
    Banned
    I tell you what you shouldn't do and that is invest in a $500 a month program with only $6000. My advice would be to take what the people I thanked in this thread and run with it. If you got questions then ask in the forum and get free help! If there is a task you need done, then, ask in the forum, and, you will be pointed in the right direction.

    Signing off,
    Monday Morning QB
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  • Profile picture of the author axus_auto
    i probably would have spent the $6k on shoes
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    • Profile picture of the author Agron
      I really don't understand why people change what they do, when someone says they have money to invest...

      CHANCES ARE MANY OF US, including myself started with nothing and if we did start with money, it was probably less than 50$ USD to pay for a domain name, and hosting for a year...

      I would like to ask, what it is you do for a living? Definitely being within 2 businesses to run is not a good idea/not recommended if you really want to be making that 100k a year like some persistent and persevered members might be making. I know for a fact no matter what you do for a living, you can do it online....UNLESS you are a store clerk...that's it.

      With that note...I HIGHLY recommend that you take that $ 6,000.00 and leave it in your pillow, or invest somewhere it's not going to disappear overnight in.

      From it, though.... take 100$ THAT IS IT...and get yourself a hosting account, with a domain name, OR...get a free hosting account...it's what I have people do..x10hosting... Free Web Hosting with cPanel, PHP, and no Ads best free host EXISTENT, that I have come across/have people use...I gain nothing from telling you about x10hosting so don't think I get anything from helping you a bit.

      THEN...I want you to understand there are 2 paths you can take. You can take the path to make money like many of the other members here, through internet marketing knowledge....OR....you can create something 100% ORIGINAL...

      You see facebook.com is worth X...truth be it, no one knows how much money it is worth...because there is still soooo much more potential in it.,,,yet to be discovered/still be discovered...

      now there are thousands of facebook clones...and you know what???? they all $6c!k ...why? the clones are not the original ones.

      What I would do, is think of an online business idea, or do what people in the forums do...

      If you do what those in the forums do, it is profitable, and it of course does take more time....as WITH ALL businesses. Making money on the internet is not a get rich quick scheme/thing you can do in a day or 1 week...it takes time and persistence, and dedication.

      -
      I personally do 3 things with my life to earn a living... I run a construction company, (owned by my father...I'm only 19 years old)... and I own my own membership site. And in my new business, that I have been working on just for less than 1 week, (3 days actually I built a hotel, and am building another ... Virtual Hotels...VERY profitable

      What I come up with are 100% unique...to an extent...I offer information people rarely know through my seduction/pickup artistry membership site and I run Virtuals Hotels...


      You have to A. find what you want to do that others are currently doing, and read, and read, and read.... THEN ACTUALLY TAKE ACTION to do what they do to make $ CASH $.

      OR B... (what I do)...start sites/businesses other people have not thought of...

      You want to make 50k straight out? throughout the year??
      Here is a thread on these forums just paste the below after the url of the site and hit enter

      /offline-marketing-discussions/295868-newbies-read-how-y-o-u-can-make-50k-nothing-zero-html-knowledge.html

      THAT RIGHT THERE IS SIMPLE, EASY....and costs money just for the HOSTING!...that your first sale would pay for, 10-fold!

      DO NOT TELL ME YOU CANNOT DO...so what would I do with that 6k? JUST keep it somewhere until you see you ACTUALLY need it. DO NOT START A BUSINESS ONLINE, with more than $ 100.00 IT IS A WASTE...

      Sit down, and come up with a business idea...do you have special knowledge others don't?? create a membership site for example, or your own $ 1,000.00 worth ebook or 50$ worth one and have affiliates on clickbank sell it for 50% commission HELL...I know you'll get sales, if the content you are offering is special or NEEDED by someone else out there.

      Take that 6k and invest in your own hosting account...a hosting account with a great community where people can help you when you need it FOR FREE...come to this forum when you need marketing advice or business advice...

      THERE IS NO REASON you should be spending more than $ 100.00 when you start an online business. NO REASON AT ALL...there are thousands of free tools out there/many come with hosting accounts/thousands of free informational related forums/products out there...

      Sit down, and think, ....do what others are doing...or create something new...

      create something new = riskier...but if you can get it off the ground you'll be fine with help and support...

      Want to do what that thread I linked to does? I have a friend that wants to do that, you and him can do it together...he'll pay for half the hosting and you'll pay for half...(that's I guess 12 USD$....)

      YOU DO NOT need money to start making money online...just the right guidance, mindset, and goals.

      Go ahead try what that thread I linked to says to do...if so...just buy that reseller hosting package, host your new company site on it, where people pay you through and host/create your clients sites on it and earn monthly.

      Good luck, have fun with this.... ONCE AGAIN........DO NOT WASTE the 6k... THERE IS NO REASON TO.

      Just take money for hosting, and domain name, and start working, don't procrastinate it's the reason people never make a cent, or it's that they were not diligent enough.

      From Agron,
      Owner of Lagron's Inc.

      Go ahead do a google search for "Lagron's Inc." my management company, yes I'm only 19...but my age doesn't limit how much money I make...my brain and thoughts do...

      SO...you better think you'll make 1k a week, you better work towards making it, by setting daily/weekly goals...and when I speak to you later, or see you online later on...I BETTER SEE the words "I now make 1,000 USD a week, ONLINE, in a thread you started on these forums."

      You know that saying "Anything is possible if you beleive." .....YOU'RE and IDIOT if you don't believe in that phrase when it comes to making money online. Hope you understand what the overall message I am trying to send you is...

      don't spend that money...
      choose what you want to do...
      learn and THEN DO IT...DO NOT QUIT.
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