Using IM to fund an Offline Business

10 replies
Hello everybody. I was wondering if there is anyone here who has used their IM profits to fund an offline business? Perhaps something small like a restaurant or hole-in-the-wall shop?

I'd really like to open up my own chain of restaurants, gyms, aquarium, you name it. Obviously this can't be all funded by IM, but if it works like a chain reaction, I think it could pan out. You gotta start small...

tl;dr: Does anyone use their IM profits to invest? Or is it purely cost of livings and shiny things?

Edit: I'm not looking for an investor. I was just wondering if its been done
#business #fund #offline
  • Profile picture of the author WillR
    Personally I would rather invest my IM profits into more IM ventures. Most restaurants are struggling to survive nowadays. Who wants to put in all that work and risk for such little return? Online has way bigger opportunities than offline businesses.
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    • Profile picture of the author Donowhy
      Originally Posted by WillR View Post

      Personally I would rather invest my IM profits into more IM ventures. Most restaurants are struggling to survive nowadays. Who wants to put in all that work and risk for such little return? Online has way bigger opportunities than offline businesses.
      True, but I suppose thats a bit dependent on the area.
      Think of it as validation of success to show your family. Sadly, There isn't much for the family to be proud of with IM.

      The "offliners" just don't understand lol
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      • Profile picture of the author WillR
        Originally Posted by Donowhy View Post

        True, but I suppose thats a bit dependent on the area.
        Think of it as validation of success to show your family. Sadly, There isn't much for the family to be proud of with IM.

        The "offliners" just don't understand lol
        If you need your family to validate your success then that's an issue in itself. Success is being able to do what you love doing and to be good at it. If you are making a lot of money, trust me, your family will not care where it is coming from.

        Having a few restaurants that turn very little profit and require so much work you never get to see your family is not really success to me.

        But as you say, each to their own...
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        • I wouldn't personally invest my IM profits into a brick and mortar business. I once ran a small 49 seat mom and pop restaurant and remember well how hard that job was. I was a sole proprietor and put the emphasis on "sole".

          No, sir, I would rater build on even the smallest IM success before I would go in that direction.
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        • Profile picture of the author Donowhy
          Success means different things to different people =]
          If its something I take pride in, I would consider that a pretty big indication of personal success.

          Its all subjective, friend.
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  • Profile picture of the author writeaway
    I've done it. Funded a farm project. Not a good idea. The farm, that is. Maybe I should have just used the money to put up a pizza shop.
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  • Profile picture of the author TimothyTorrents
    I was wondering the same thing the other day.

    Once you have a full time income from internet marketing and you manage to save a large portion of it; you can invest in literally anything. I don't make a full time income from internet marketing yet but once I got the cash coming in I also want to set up some other type of small business.

    Get the cash first!
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    • Profile picture of the author Donowhy
      Originally Posted by writeaway View Post

      I've done it. Funded a farm project. Not a good idea. The farm, that is. Maybe I should have just used the money to put up a pizza shop.
      Interesting. I live in the area that produces something like 8% of the world's total agriculture. I've considered maybe a wine vineyard


      Originally Posted by timbonitus View Post

      I was wondering the same thing the other day.

      Once you have a full time income from internet marketing and you manage to save a large portion of it; you can invest in literally anything. I don't make a full time income from internet marketing yet but once I got the cash coming in I also want to set up some other type of small business.

      Get the cash first!
      Thats very true, but there's nothing like a rough draft business plan for the long term! haha
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  • Profile picture of the author run
    I've used my IM profit to open a hotel in one of the most tourist visit in my home country. I can say that I get stable profit from it than IM.

    Until now, my hotel properties would be able to be sold for $600K while I was invested for about $100K not including the stable profit from it for years.

    I could say that IM helps me a lot in my offline business. While other competitors doesn't care much about IM for their business, I leverage it's potential into big income for my offline business.
    Signature
    I just wanna tell you that most of the links in the signature are trash and/or a trap to make you pay!
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  • Profile picture of the author internetmarketer1
    It is definitely worth it if that is what you want. Investing in an offline business can be quite cool knowing that you found the money from the Internet and just from IM. If you feel that this is what you want to do, then go for it.

    Everybody is entitled to their opinions, so be entitled to yours.
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