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earned $7600 so far ,How do i invest it?

by seoagrippa
13 replies
I have being offering my services on different microsites for almost 6 month now and i have been able to earn $7600 which i want to invest so that i can be able to make more money .I sent it to my paypal account and i am ready to try something .
Do you have any suggestion? If you are willing to help, i will really appreciate.
#$76 #earned #invest
  • Profile picture of the author ItWasLuck3
    I think this probably depends on what you offer on fiverr. If your username is any indication of your services, then you offer SEO work.

    What you may consider doing is creating a product, perhaps an ebook on "DIY SEO for your website" or something along those lines. Then use that money you've made to build some hype for your product and launch it... possibly as a WSO.

    Just some quick thoughts.

    Cheers,
    Ben
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  • Profile picture of the author nicholasb
    I always reinvest 20% into paid advertising, but if you've only made $76 in 6 months it's time to rethink your business model..
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  • Profile picture of the author Nigel Love
    Buy gold or silver.
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    • Profile picture of the author Tony Dean
      Originally Posted by Nigel Love View Post

      Buy gold or silver.
      Or, keep it in the bank for a rainy day.
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  • Profile picture of the author Nigel Love
    Seriously though I think camtasia would be a good investment in that price range. All depends on what you want to do.
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  • Profile picture of the author seonutshell
    Congratulations on making your first bit of money! Fiverr Should be used as a bit of a nest egg, using your profits to invest into projects that will make you more money!

    Use the seventy bucks to set up a service or blog, and keep doing Fiverr Gigs for money to promote your site!

    Good luck
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  • Profile picture of the author DeanJames
    @seoagrippa - Congrats on making some money online. What I would do in your position is break down those numbers and work out how you can either leverage what you are doing or start promoting higher-ticket products, because at that rate you will burn out before you make it. Six months is approx 182 days. 76/182 is approx 41 cents earnings a day on average. Calculate a daily earnings goal and then reverse engineer that to how many sales you need to make per day to achieve it.
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    • Profile picture of the author chg
      Originally Posted by DeanJames View Post

      @seoagrippa - Congrats on making some money online. What I would do in your position is break down those numbers and work out how you can either leverage what you are doing or start promoting higher-ticket products, because at that rate you will burn out before you make it. Six months is approx 182 days. 76/182 is approx 41 cents earnings a day on average. Calculate a daily earnings goal and then reverse engineer that to how many sales you need to make per day to achieve it.
      Good advice. Come up with a system that will earn you more sales and focus on automating as many tasks as possible. If it's not feasible, you may need to change your plan because that amount of earnings for 6 months seems a bit on the lower end.
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  • Profile picture of the author Rod Dinero
    Seoagrippa, I dont mean to rain down on your parade, but you made 76 bucks in 6 MONTHS! dont you think thats an awful lot of time to earn so little? My best advise would be... find something thats truly worth your time man. If I were you I would do mobile PPC, 50 bucks can get you started man... its not hard to master, and the clicks are incredibly cheap, Im telling you man, mobile is the future and its not hard/expensive to get started. Look in this very forum for threads about PPC, there are tons of them, read, test, optimize and you will see results.

    Best of luck to you

    -Rod
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  • Profile picture of the author mrgoe
    Don`t invest until you make more. Go spend it. Spend the money you made online, you`ll feel sooooo great doing it
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    • Profile picture of the author sprice
      Originally Posted by mrgoe View Post

      Don`t invest until you make more. Go spend it. Spend the money you made online, you`ll feel sooooo great doing it
      I disagree. Reinvesting is the quickest way to grow your business.
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  • Profile picture of the author Nicole Sakoman
    76$ is not a lot to invest... maybe you can create a video and talk there about your fiverr services...
    Make few videos, target some long tail keywords with lower competition, buy some HR views, some likes, and your videos will be on the 1st site on YT or even Google (depends how good you target).
    You can also invest it in Fb ads... make a fan page, and add it to your fiverr as a gig...

    Possibilities are countless, but probably half of that money will be wasted on "learning what not to do".

    You need to learn some things hard way also
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  • Profile picture of the author Vincent Abrugar
    If you don't have your own website yet you can use that money to create a website to sell your services. You could invest the money to buy domain + hosting. You can also buy gigs at fiverr to setup a wordpess site for you.
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