I've been offered $10,000 Cash to start a bussiness

by strspeed 36 replies
Good news huh! No.. I have no ideas anymore.
Im looking to start a online business money is of no object as long as profits come in and it dosnt matter how long it takes. Any ideas anyone.
I can program, Market, outsource. I'm just in a uncreative slum right now
#main internet marketing discussion forum #$10 #bussiness #cash #offered #start
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  • Profile picture of the author Ron Barnas
    You need to educate yourself first. Find a niche that best suits your needs and has value in the market place. Create information products, market those products. If you have money all this can be outsourced. So many opportunities out there for you. Please take your time to educate yourself, don't jump at the first opportunity. Everyone seems to be in a hurry to make money and thats a recipe for failure.
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    • Profile picture of the author Alexa Smith
      Banned
      Originally Posted by strspeed View Post

      I haven't gotten my 10 million euro from that lottery in the UK yet though
      Sorry if I'm the first to break it to you, but the UK national lottery doesn't pay out in Euros. Sterling (£) is our currency.

      Originally Posted by Ron Barnas View Post

      You need to educate yourself first.
      This ^^^^ exactly.

      Everything else is secondary to this.

      Don't start "taking action" until you've at least started educating yourself.

      I started up my online business while I was at university. I had to invest about $100 in it (well, actually I didn't have to invest that in it at all, but at the time I knew no better/different and chose to invest that in it - which wasn't unreasonable and turned out ok). I don't think, even with the benefit of hindsight, that there was ever a point at which having an additional $10,000 to invest in it would have made the results any better, or even any faster.

      What I did, as countless others have done, was start off not really knowing what I was doing at all, not being able to differentiate between "information" and "misinformation", and earning almost nothing in my first 3 months. At any time during that period, if I'd decided to spend $10,000 to try to speed things up, I'd certainly have wasted most of it.

      But let's be honest, here: it's not going to be easy to improve on Brent's suggestion, above!
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      • Profile picture of the author djshaz
        Banned
        i think $30 for 20min is better
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      • Profile picture of the author brentb
        Originally Posted by Alexa Smith View Post

        But let's be honest, here: it's not going to be easy to improve on Brent's suggestion, above!
        Yeah that was a good one wasn't it?

        But seriously... If you are going to invest 10k it better be on a nice sized programming build or a large marketing expenditure... and if this is your first real project, I wouldn't suggest doing either of those.
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      • Profile picture of the author Alan Ashwood
        Originally Posted by strspeed View Post

        Agreed, im not about to be easily fooled though. I haven't gotten my 10 million euro from that lottery in the UK yet though
        That's not very ambitious. A recent EuroLottery prize was £151,000,000 that's about US$240,000,000! The current one's up to over £68 million, and it's mine tonight!

        Originally Posted by Alexa Smith View Post

        Sorry if I'm the first to break it to you, but the UK national lottery doesn't pay out in Euros. Sterling (£) is our currency.
        First she's an expert on UK Taxes; and now she corrects someones error about the UK Lottery. That's impressive.
        Here in Blighty, we prefer to be paid in real money (UK£), not Titanic currency (Euros).

        I'm very worried about you Alexa.
        I've just seen your new avatar, and I think you've been hitting the sunbeds a bit too much.

        At least with the glow in the dark look, you should be safe at night???

        Cheers
        Alan - with Geiger Counter.
        .
        Signature
        Now where did I put that pencil?

        Time for a cuppa.
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  • Profile picture of the author tpw
    Does it have to be an "online" business?

    Or would "starting a profitable business" be good enough?
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    • Profile picture of the author strspeed
      Originally Posted by tpw View Post

      Does it have to be an "online" business?

      Or would "starting a profitable business" be good enough?
      Negative, im looking more into that though because im still in my studies.

      __________________________________________________ _______________

      Thank you everyone for your advice i don't plan on jumping right into this. My background is in Ebay. I used to be the online sales manager for a pawnshop. I would like too possibly start a cash for gold service but there is allot of online competition already.
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      The quieter you become, the more you are able to hear
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  • Profile picture of the author John Romaine
    As its been said here before....

    Publicly splashing about how much money you have to invest isnt such a wise thing to do.

    There's sharks in these waters.
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    BS free SEO services, training and advice - SEO Point

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    • Profile picture of the author onegoodman
      Originally Posted by ramone_johnny View Post

      As its been said here before....

      Publicly splashing about how much money you have to invest isnt such a wise thing to do.

      There's sharks in these waters.
      lol

      If you are not sure you want to go with this opportunity, feel free to give him my contact info

      I am just kidding. it would take you a while before jump into something. You need to set down and relax with a cup of coffee while looking around what is going around ? what are you interested in ? will the things you interested in will turn into actual profit ?

      Again spend time reading what business opportunity may actually generate a good money.
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    • Profile picture of the author TopKat22
      Like was already posted, get educated.

      One great piece of advice I got on here was join the War Room.

      It is a one time lifetime fee and you get all kinds of free stuff in there.

      However, don't go crazy downloading a bunch of stuff first, that will just overwhelm you.

      You need an idea. You might get one reading through and studying.

      Is this business for you or are you the one being offered the money to build a business for someone else?
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    • Profile picture of the author strspeed
      Originally Posted by ramone_johnny View Post

      As its been said here before....

      Publicly splashing about how much money you have to invest isnt such a wise thing to do.

      There's sharks in these waters.
      Agreed, im not about to be easily fooled though. I haven't gotten my 10 million euro from that lottery in the UK yet though
      Signature
      The quieter you become, the more you are able to hear
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    • Profile picture of the author J Bold
      Originally Posted by ramone_johnny View Post

      As its been said here before....

      Publicly splashing about how much money you have to invest isnt such a wise thing to do.

      There's sharks in these waters.
      If he could just give that money to me, I'd be happy.
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    • Profile picture of the author theemperor
      Originally Posted by ramone_johnny View Post

      As its been said here before....

      Publicly splashing about how much money you have to invest isnt such a wise thing to do.

      There's sharks in these waters.
      It's only unwise if he trusts all the PM's he get's sent as a result .

      If he ignores them he'll be fine.
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      • Profile picture of the author strspeed
        Originally Posted by theemperor View Post

        It's only unwise if he trusts all the PM's he get's sent as a result .

        If he ignores them he'll be fine.
        I've received two good ones so far. I had to turn them down for now though until i figure out exactly what i want too do.
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        The quieter you become, the more you are able to hear
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  • Profile picture of the author kimjox
    Try to find a good idea , learn and then invest !
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  • Profile picture of the author andynathan
    Get creative and revved up about this opportunity. Do not do anything until then.
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  • Profile picture of the author LeeLee
    All good advice and make sure you get paid, at least at milestones. Wouldn't want you doing months of work and then not get the money.
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    The wisdom of life consists in the elimination of nonessentials. ~ Lin Yutang
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  • Profile picture of the author J Cohen
    Originally Posted by Team X View Post

    click the link in my sig for ideas
    I thought you would know better than that

    Jay
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  • Profile picture of the author SocialMediaOwls
    sounds like you need to do a lot of surfing to get inspired
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  • Profile picture of the author strspeed
    Thank you for all your ideas everyone. I think I'm going to focus on a product launch or other scheme.
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    The quieter you become, the more you are able to hear
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  • Profile picture of the author JennySweets
    Originally Posted by strspeed View Post

    Good news huh! No.. I have no ideas anymore.
    Im looking to start a online business money is of no object as long as profits come in and it dosnt matter how long it takes. Any ideas anyone.
    I can program, Market, outsource. I'm just in a uncreative slum right now


    I can't even imagine.. the possibilities with that much cash, coming as far as I have and having only been able to spend about $500 total since the day I started.

    With $10,000 how could you not have a million ideas? You could start 10 online businesses with that!! (or if you are more creative with money like me, 20 of them!!)

    Good luck to you. I hope that money doesn't go to waste.
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    • Profile picture of the author strspeed
      Originally Posted by JennySweets View Post

      I can't even imagine.. the possibilities with that much cash, coming as far as I have and having only been able to spend about $500 total since the day I started.

      With $10,000 how could you not have a million ideas? You could start 10 online businesses with that!! (or if you are more creative with money like me, 20 of them!!)

      Good luck to you. I hope that money doesn't go to waste.
      Trust me i have tons of ideas just i always find the "Buts" Im getting there for sure though
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      The quieter you become, the more you are able to hear
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      • Profile picture of the author JennySweets
        Originally Posted by strspeed View Post

        Trust me i have tons of ideas just i always find the "Buts" Im getting there for sure though
        Ah but everything comes with a but.. maybe you should stop looking so hard at buts *guffaw* (that sounds funny) and start thinking beyond the buts to what would light your fire, be INTERESTING to you, despite the potential drawbacks. Of course you need to weigh in the cons, but I don't think it's possible to find something without a con. and something that really interests you will probably make the "buts" less important.

        I'd sure love to see what you do though! Add me on facebook and let me know when you have something going
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  • Profile picture of the author jade69
    This is the first question to ask. What do you want? What is your aim?

    You need a precise goal and a deadline to accomplish it.
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  • Profile picture of the author brentb
    What about a website that you pay $50 bucks and then it lets you travel back in time 20 minutes? You get more bang for your buck the larger increments you purchase ... so

    $50 for 20 min
    $90 for 40 min
    $120 for 60 min
    $140 for 80 min
    $150 for 100 min

    Someday if they invent a way to travel back more than 100 min you could offer even greater savings packages!

    You could probably write this in php im thinking?
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  • Profile picture of the author KenFighter
    $10k cash? Open night club lol.. Huge market on that niche
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  • Profile picture of the author clever7
    I agree that without knowing what you are doing you are only going to spend all your money without creating a real business. You have A Lot to learn!

    Don’t spend a cent before studying internet marketing very well. Read many posts in this forum. It’s also a good idea to become a War Room member. You will learn a lot, without spending anything. The membership costs $37; this is nothing compared to what you can learn there.

    Don’t tell anyone that you can spend money.

    Spending must be an option only when you have a smart business plan and you know what you are doing. Otherwise, you will simply waste your money, your time, and all your energy, without having positive results in the end.




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  • Profile picture of the author MikesWebShow
    Okay. What I might suggest is to do something OFF line that has a good market demand.

    (Like hotdogs, chips, and soda, (or pizza by the slice) out of a retro fitted van where you can drive to the marketplace (college campuses, construction sites, etc). Even accounting for gas, these businesses can easily pull in $300 to $500 dollars a day - only working an average of 4 hours a day).
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  • Profile picture of the author snowcloud
    I wish somebody would throw me a good amount of cash to get my business going
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  • Profile picture of the author ankur sharma
    The guy just want to search hot new ideas from all you guys. Thats all.
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  • Profile picture of the author go4wealth
    I would recommend that you first do an assessment of what skills and specialized knowledge that you already posses. Then think about what it is that you enjoy doing. After you have done that look to see what niches would be interested in what you can offer.

    If you can create digital products based on your assessments. Create websites with great sales copy and keyword focused, get several powerful videos for video sites like YouTube

    Get about 10-20 articles written to be submitted to ezines, squidoo, hubpages and your blogs. Get a professional press release and submit through PR web

    Start helping people in the warrior forum ... don't sale anything except for maybe a WSO

    Make sure you have a good autoresponder system with at least 52 good follow up highly informative emails ,mixed with your products and a few others affiliate products

    You could possibly get all done for under $1500. Invest in some silver and gold with the rest kick back let the dough come in ..repeat and repeat and repeat
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  • Same goes I guess in every single business,

    find the profitable niche , learn the process to build the list, learn the process of driving traffic, learn the process to build customer relationship and many many many many more.

    Seriously I think, it doesn't use money to make money. Yeah , it can be , but in opposite of philosophy, you still can use ZERO or LITTLE money to make money. The only thing you need to invest is the time, patience to learn the process. =) Cheers
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  • Profile picture of the author breathclean
    don't spend a dime (unless on informational products, and don't go overboard) until you sit here and read for a few days. you would be surprised how fast you can burn through cash if you are outsourcing everything. plan on doing some grunt work at first so you can spread that ten grand out
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  • Profile picture of the author sshusain
    Better first of all understand how this business works (as most of the time people are
    running after SEO, Traffic, wordpress or all this fancy stuff in IM). You need to know
    basic first. Try to look on Jason Fladlien "Internet Millionaire Recipe" you can easily
    get a know how what exactly IM is. Then you have to decide which niche you are targeting. and go from there.


    S Husain
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