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I have $500 to invest in IM each month, and ?

by thelazyone
12 replies
Hello,

I have $500 to invest each month in IM. What is the best way to do it ?
#$500 #invest #month
  • Profile picture of the author craigslistleedz
    Find something you love online.

    Find a group online that has problems in the areas that you love.

    Find out if the problems are so bad they are willing to pay to fix it.

    Find out where they hang out online.

    Find out how to get them to raise their hands and become friends with you.

    Solve their problems.

    Happy group with problems being solved = Money in your bank account

    I've been online for years and until I realized this is all it was I was spinning my wheels and going in circles.

    Keep it simple and you can't go wrong.

    PS - with $500 I'm either focused on building a list or building a solution to my lists problems.

    Originally Posted by thelazyone View Post

    Hello,

    I have $500 to invest each month in IM. What is the best way to do it ?
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    • Profile picture of the author Neiltrino3
      Invest in training yourself on acquiring the right skills that way you will be preparing for the long term.

      Despite how tempting they look, avoid quick cash methods as they soon go out of date and you will be back to square one.
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    • Profile picture of the author BrianCampbelldotcom
      Follow this simple IM business model here (no pitch, just a great video training):


      and then do what CraigslistLeedz suggests below...

      Originally Posted by craigslistleedz View Post

      Find something you love online.

      Find a group online that has problems in the areas that you love.

      Find out if the problems are so bad they are willing to pay to fix it.

      Find out where they hang out online.

      Find out how to get them to raise their hands and become friends with you.

      Solve their problems.

      Happy group with problems being solved = Money in your bank account

      I've been online for years and until I realized this is all it was I was spinning my wheels and going in circles.

      Keep it simple and you can't go wrong.

      PS - with $500 I'm either focused on building a list or building a solution to my lists problems.
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  • Profile picture of the author RichardDean
    Get the basics

    Get a great computer and office stuff , Hosting , Domain Name , Autoresponder.

    If you can't do things like write, graphics, program - then spend time on finding people.

    Don't try to do everything yourself
    Spend some money on a helper so you don't get burned out.

    Start building a list

    hope that helps

    Richard
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    5 Minute Mobile Sites... My Next WSO Comming Soon.

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  • Profile picture of the author kursat
    Well, I have a client who pays me half of that for me to create a new WP site each month on new micro niches and I think he then sells them for 5 times the money. Is that give you an idea?
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    Web Design and Development - Landing Page Design - Custom Sales Funnel Creation and Installation
    Portfolio and Samples
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  • Profile picture of the author pheonix44
    Invest in testing some good low cost traffic sources so you can work on seeing which ones are the best. You will want to use this to see which ones might be the most useful in building a list. If you do this right it will not cost you even half your budget. I am sure you can get plenty of good cheap traffic sources on this forum. If not this, then try a simple Google search. Type in "Cheap Paid Traffic" or "Cheap Paid Traffic Sources" into Google and add FILETYPEDF onto the end of the text. You should find plenty of sources to test.
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  • Profile picture of the author dvduval
    I see your username is "the lazy one". You don't just spend money. You have to work to get the business off the ground! If you aren't prepared to do that, I would rather tell you to invest in the S&P 500 as I bet you make 7% on it this year.
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    It is okay to contact me! I have been developing software since 1999, creating many popular products like phpLD.
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  • Profile picture of the author Cyberdog1
    Create a product, sell that product, get money back, put product on automation, create new product - repeat
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    Most think that it was God who created man in his own image but it was us who created God in ours.
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  • Profile picture of the author thelazyone
    Sorry, I didn't specify, I'm not a newbie. I now IM since 2011 buy I only maked $72 since that. I know product creation, adsense, cpa etc
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    • Profile picture of the author robestrong
      This should be fun...
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    • Profile picture of the author dvduval
      Originally Posted by thelazyone View Post

      Sorry, I didn't specify, I'm not a newbie. I now IM since 2011 buy I only maked $72 since that. I know product creation, adsense, cpa etc
      Sounds pretty newbie to me.
      Signature
      It is okay to contact me! I have been developing software since 1999, creating many popular products like phpLD.
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    • Profile picture of the author BeauJustin
      Originally Posted by thelazyone View Post

      Sorry, I didn't specify, I'm not a newbie. I now IM since 2011 buy I only maked $72 since that. I know product creation, adsense, cpa etc
      I did this business for four years before I saw a penny. I kept at it because I
      enjoy it, in spite of people close to me who were telling me to belly up and quit.

      It's OK to to admit your shortcomings, and even bask in them. Eventually, they
      will be your personal testimonial.

      As for the $500/day. Don't use it in the MMO (make money online) niche unless
      you love it, or have a strong desire to see your cash drift off into space,
      never to come home.With that kind of cheese you can make some impact in lesser
      niches. So the key is going to be learning the ins and outs of finding niches.

      For newbs, (or people who haven't made any money yet), I like the following
      formulas from Kajabi University (which was NOT a $2000 marketing course, as it is
      advertised, unless you count high production value as part of it's over all value. It was
      still fun and informative because Kern is the most entertaining guy in IM):

      Kajabi U. on finding niches:
      • Leverage dough, from what you know.
      • Lobby your hobby.
      • Cash in on your passion

      The takeaway is to see if any skill or expertise you have might fill a niche
      somehow. My first big money maker was in a sub-niche in an alternative use
      for Photoshop, which is a hobby of mine. (That's all you'll get from me on that!
      Back you curs!!!)

      Another reason to start with something you already know is that you'll have
      something to keep you going in the beginning until the money starts flowing.
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