How would you invest $10,000 to start an IM business?
That said, I was thinking that it would be very interesting to hear the thoughts of experienced marketers regarding what they'd do if they had 10k to invest as a newbie, based on their experience and lessons learned.
In other words, now that you've progressed past the newbie/making classic mistakes phase of IM and are making money, what would you advise another newbie to do if said newbie had 10k to invest in his start-up IM business?
Would you advise him to focus on certain aspects of IM?
Perhaps you'd advise him to simultaneously develop products in different niches to accelerate his growth/scale of operations?
I read all new posts on the WF every day and I sense that most here started with minimal capital and slowly but surely developed successful IM businesses. I wonder what these folks could have accomplished had they posssed a bit more start-up funding? Could 5-10-20k in capital have accelerated their learning curve so they could have achieved in 2 years what it took them 5 years or more to do on a shoestring budget?
I think many folks here would like to here some thoughts and ideas on this topic!
Thanks in advance to all who share their knowledge and wisdom with us!
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