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[Michel C]

deleted..........................

[fedor50]

Originally Posted by Michel C

Hi Warriors

My biggest goal is to create an online monthly recurring income. Therefore I decided to commit myself 100% during this summer to do it.

I can afford to invest $1.000, and I really need to use them well, as it will take a long time before I am able to have such amount of money in hands again.

My biggest problem is that I don't have much energy during the day, as I suffer from depression and anxiety. This condition only allows me to work a few hours a week on a project. I guess I have about 8-12 hours a week in average, where I actually can sit and work focused on a project.

But summertime is a good season for me, where I can work a bit more with a clearer and more constructive mind too. Therefore I want to use this summer as efficient as possible, while it last.

So my question is: If you had $1.000 and about 90 days, what income model would you choose to go for, in order to spend the money the best possible way and build up a passive recurring online income in just 90 days?

It could really help my economical situation, if I was able to reach a recurring monthly passive income of $1.000. But is it possible at all with only $1.000, 90 days and a few hours available per day?

Bonus info: I have experience with Wordpress, adsense, affiliate, SEO and outsourcing, so at least I am not a newbie in these areas.

Hope somebody have an opinion to my questions.

Thanks a lot
Michel

Build a quality authority site and get it ranking for some high traffic keywords. Monetize it with affiliate marketing and adsense and profit

[PayLaterPlace]

What are your interests? What could you do? To build a lasting business, to have to invest a lot of time, a lot of effort, or a lot of money - at least initially. There really aren't any shortcuts to building a successful business.

My recommendation would be to select a profitable niche that you know a lot about and create a affiliate site around a successful product. As you stat making money, create more niche websites and your revenue will continue to increase.

[obin94]

I really think that building a product, or outsourcing a product, would be the best way. After you release the product (as a wso) you will build your email list and can start promoting to them. Repeat this process until you have 1,000 subscribers and then you should average at least $1,000 per month just with promoting. That is ontop of the profit from the product sales.

Just make sure whatever you release is a quality product. And that you don't over promote to your list. You have to give them good info and build your relationship with them.

Hope you manage to defeat your depression!

Robin Danielsen

[Michel C]

Originally Posted by fedor50

Build a quality authority site and get it ranking for some high traffic keywords. Monetize it with affiliate marketing and adsense and profit

Originally Posted by HeadToHeadFantasy

What are your interests? What could you do? To build a lasting business, to have to invest a lot of time, a lot of effort, or a lot of money - at least initially. There really aren't any shortcuts to building a successful business.

My recommendation would be to select a profitable niche that you know a lot about and create a affiliate site around a successful product. As you stat making money, create more niche websites and your revenue will continue to increase.

Hi, thanks for your fast responses.

I must admit I had something in mind like what you suggest, so I am just pleased to hear that you confirm my thoughts.

I agree there are no shortcuts, just want to do it right with this single one shot.

Michel

[Michel C]

Originally Posted by obin94

I really think that building a product, or outsourcing a product, would be the best way. After you release the product (as a wso) you will build your email list and can start promoting to them. Repeat this process until you have 1,000 subscribers and then you should average at least $1,000 per month just with promoting. That is ontop of the profit from the product sales.

Just make sure whatever you release is a quality product. And that you don't over promote to your list. You have to give them good info and build your relationship with them.

Hope you manage to defeat your depression!

Robin Danielsen

Hi Robin, thanks for you time responding me and your kind words.

Sounds like a great idea with the product creation and listbuilding. I also heard a lot good about it before. I just don't have any experience with product creation, listbuilding and WSO's, so I am afraid I would spend my $1.000 with "lessons learned+experience gained", but without much money made.

Do you have success yourself with product creation?

Michel

[adamj2]

When you know exactly what it is you are promoting (if an affiliate product) etc then I would focus on doing what results in getting traffic.

Rather than having to set-up something elaborate yourself or do complicated training courses or having to buy SEO software etc.

I would just outsource the tasks that get traffic and build an email list from that an promote an affiliate product (potentially a monthly recurring membership site or something).

Content could be a good way to invest some money if you are looking for SEO traffic. And to get lots and lots of content written for many different long tail keyword variations for your product or niche for the long tail traffic rather than doing a one page site for one major keyword and spending the rest of the money just backlinking it!

[Miguelito203]

Originally Posted by Michel C

Hi Warriors

My biggest goal is to create an online monthly recurring income. Therefore I decided to commit myself 100% during this summer to do it.

I can afford to invest $1.000, and I really need to use them well, as it will take a long time before I am able to have such amount of money in hands again.

My biggest problem is that I don't have much energy during the day, as I suffer from depression and anxiety. This condition only allows me to work a few hours a week on a project. I guess I have about 8-12 hours a week in average, where I actually can sit and work focused on a project.

But summertime is a good season for me, where I can work a bit more with a clearer and more constructive mind too. Therefore I want to use this summer as efficient as possible, while it last.

So my question is: If you had $1.000 and about 90 days, what income model would you choose to go for, in order to spend the money the best possible way and build up a passive recurring online income in just 90 days?

It could really help my economical situation, if I was able to reach a recurring monthly passive income of $1.000. But is it possible at all with only $1.000, 90 days and a few hours available per day?

Bonus info: I have experience with Wordpress, adsense, affiliate, SEO and outsourcing, so at least I am not a newbie in these areas.

Hope somebody have an opinion to my questions.

Thanks a lot
Michel

If you already have a knowledge of Wordpress and SEO and want to generate a residual income, why not start a niche blog? Just find a profitable niche that you like. That way, you can work around your own schedule so that you don't get overwhelmed and what. Having a blog is also low cost and would allow you to save the majority of your money, which you should do since you said you don't know how long it will before you have that kind of money again.

Joey

[Pasquach]

Create a product on something you know inside and out.
OR
On the same niche you know inside and out, create an authority site and provide value. Build a relationship with your visitors.

[Randall Magwood]

Sorry about your depression and anxiety. Your health is your true wealth. To answer your question, i would invest in PPC, solo ads, advertising on high traffic blogs, and doing some "hard work" with free marketing. It can really bring you alot of targeted traffic.

[RedShifted]

I am more concerned about your mental health than anything else here. Let me explain why.

You are saying 8-12 hours of work a week which works out to a little over 1 hour a day. So thats only 1-1.5 hours a day you can sit down at a computer and press buttons, otherwise you get tired for some reason.

That tells me that your depression/anxiety must be A LOT more debilitating than what I initially assumed.

People who are that handicapped by their own thoughts usually do not perform well in situations like these.

What happens if you realize you need to work more like 20-30 hours a week?
What happens when you're not getting the results you expect?
What happens when life happens?

Look I'm not trying to make fun at all here. I use to work in a psychward which is the only reason I'm saying this. The depressed folks would sleep in their beds all day and not even try to exercise or do anything to fight their depression. All I am saying is if you are really that debilitated by your own mental health, you seriously need to deal with that BEFORE you immerse yourself in anything potentially stressful.

I'm trying to be a realist here (and the reality is any therapist would recommend the same thing), but I would love to be proven wrong, I really would.

I've delt with too many people who suffer from depression and most of them give up on their mental health SO FAST its unbelievable. Its a very common pattern. So I could not imagine how these types would hold up trying to start their own business/website.

Sorry if I sound negative or judgemental, but I AM trying to be useful here. If I'm wrong I'm wrong, and just ignore this post. But I thought it would be useful to mention. I also have a good friend who suffers from clinical depression and he can never accomplish anything. He often tries, but gets distracted far too easily. I realize people are different, but can I ask have you at least been "treated" yet? You obviously don't have to talk about this stuff here, but naturally I'm curious.

Thanks -Red

[ryanmilligan]

Originally Posted by RedShifted

I am more concerned about your mental health than anything else here. Let me explain why.

You are saying 8-12 hours of work a week which works out to a little over 1 hour a day. So thats only 1-1.5 hours a day you can sit down at a computer and press buttons, otherwise you get tired for some reason.

That tells me that your depression/anxiety must be A LOT more debilitating than what I initially assumed.

People who are that handicapped by their own thoughts usually do not perform well in situations like these.

What happens if you realize you need to work more like 20-30 hours a week?
What happens when you're not getting the results you expect?
What happens when life happens?

Look I'm not trying to make fun at all here. I use to work in a psychward which is the only reason I'm saying this. The depressed folks would sleep in their beds all day and not even try to exercise or do anything to fight their depression. All I am saying is if you are really that debilitated by your own mental health, you seriously need to deal with that BEFORE you immerse yourself in anything potentially stressful.

I'm trying to be a realist here (and the reality is any therapist would recommend the same thing), but I would love to be proven wrong, I really would.

I've delt with too many people who suffer from depression and most of them give up on their mental health SO FAST its unbelievable. Its a very common pattern. So I could not imagine how these types would hold up trying to start their own business/website.

Sorry if I sound negative or judgemental, but I AM trying to be useful here. If I'm wrong I'm wrong, and just ignore this post. But I thought it would be useful to mention. I also have a good friend who suffers from clinical depression and he can never accomplish anything. He often tries, but gets distracted far too easily. I realize people are different, but can I ask have you at least been "treated" yet? You obviously don't have to talk about this stuff here, but naturally I'm curious.

Thanks -Red

I couldn't agree with you more, Red.

I mean this in the most respectful way OP, but if you're going to do this then you're going to have to do what it takes.

Saying you can only work 8-12 hours a week shows your lack of commitment - I get the anxiety holding you back and stuff. I used to have crazy panic attacks all the time and it was actually my IM business that was doing it to me.

I was a 17 year old kid with a huge amount of stress trying to get my business of the ground and I would probably average about 6 pretty bad panic attacks a week.

But, I didn't let that stop me - I still ploughed through and did what I had to do to get to where I am now.

The point being, before you invest time or money - you've got to ask yourself if you have what it takes. Are you willing to do what you have to do, which might be work double or maybe even triple the amount of time you want to put in.

Can I ask why does the depression and anxiety stop you? If anything, I thought working would take your mind off of it.