How would you invest $100?

by Rewbert Banned
41 replies
Hi,
asking both veterans and new people in the internet marketing business.

Let's say you had $100 and you wanted to start up a business, invest in something, basically anything that would be the start of your internet marketing carreer. How would you spend these dollars?

Robert

Edit: Me myself, i already got my mind set on what approach i want to take. This is not a thread where i am asking for suggestions for me and how i should move forth from here. That being said, it is not unreasonable that i might alter my approach given all your wonderful tips.
While i was sitting and thinking about this i got curious on what approach people with different levels of experience would take, so that is the main point of this thread. Gotten some really interesting answers so far. :-)
#$100 #invest #wuld
  • Profile picture of the author savidge4
    Honestly that is not even a shopping spree at Walmart, let alone startup for your future. That would cover what... a domain name and hosting for 2 years.
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    • Profile picture of the author Rewbert
      Banned
      Originally Posted by savidge4 View Post

      Honestly that is not even a shopping spree at Walmart, let alone startup for your future. That would cover what... a domain name and hosting for 2 years.
      Let's say you do that, what would you do with that website? Affiliate marketing, cpa, blogposting, something else? :-)
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    • Profile picture of the author talfighel
      Originally Posted by savidge4 View Post

      Honestly that is not even a shopping spree at Walmart, let alone startup for your future. That would cover what... a domain name and hosting for 2 years.
      Totally agree with that.

      What I would do with that $100 is buy the book:

      Think and grow Rich By napoleon Hill

      And also, with what you have left, invest it in Tony Robbins materials such has any of his books.

      This is how you should invest that $100. Work on yourself FIRST.
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  • Profile picture of the author Gdiddy
    $100 is plenty to.... buy information.
    Meaning...buy a resouceful book and learn.
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  • Profile picture of the author blueclcl
    If I was just starting out with no experience at all then I would hold on to the $100 and save it for later.

    In the mean time I would read up on the different strategies available ( blogging, affiliate marketing, product creation.ect ) and decide on one that feels right for me.

    After that I would read up more on the subject and get a good understanding of the basics and also sign up to email lists of the authority leaders in the niche of choice.

    Carefully watch what they do, how they sell and what they sell. Keep reading articles and keep watching videos in your niche.

    After you feel that you have a good understanding for your niche then I would create a product ( book or video ) on a problem in the niche that people are facing.

    Make it really good and once completed purchase domai e name ( $9 ) set up a squeeze page using wp lead pages ( free ) autoresponder service ( $1 first month) and get some hosting ( $5)

    Set up a sales page to sell your product at whatever price you feel is suitable.

    Pull out the first chapter or create another shorter report and offer this for free on your squeeze page through opt in and then redirect them to paid product straight away or later through email marketing.

    This then leaves you with around $85 left.

    I would purchase sold ads with this money and use any profits to keep purchasing more traffic and also guest blog on popular blogs with link to my squeeze page in the bio.

    Obviously, there is a lot more to it than the above, but this is possibly one way to invest $100.
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    • Profile picture of the author Rewbert
      Banned
      Originally Posted by blueclcl View Post

      If I was just starting out with no experience at all then I would hold on to the $100 and save it for later.

      In the mean time I would read up on the different strategies available ( blogging, affiliate marketing, product creation.ect ) and decide on one that feels right for me.

      After that I would read up more on the subject and get a good understanding of the basics and also sign up to email lists of the authority leaders in the niche of choice.

      Carefully watch what they do, how they sell and what they sell. Keep reading articles and keep watching videos in your niche.

      After you feel that you have a good understanding for your niche then I would create a product ( book or video ) on a problem in the niche that people are facing.

      Make it really good and once completed purchase domai e name ( $9 ) set up a squeeze page using wp lead pages ( free ) autoresponder service ( $1 first month) and get some hosting ( $5)

      Set up a sales page to sell your product at whatever price you feel is suitable.

      Pull out the first chapter or create another shorter report and offer this for free on your squeeze page through opt in and then redirect them to paid product straight away or later through email marketing.

      This then leaves you with around $85 left.

      I would purchase sold ads with this money and use any profits to keep purchasing more traffic and also guest blog on popular blogs with link to my squeeze page in the bio.

      Obviously, there is a lot more to it than the above, but this is possibly one way to invest $100.
      That's a good answer, thanks. :-) What if you were experienced? I'm interested in the different approaches taken by people just starting out and people with experience. Keep in mind that the situation where you have experience still implies that you have no assets other than the $100.
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      • Profile picture of the author Alexa Smith
        Banned
        I started my whole business for about $60, so I'd probably aim to keep $40 of that $100 in the bank.

        There wasn't ever a time when having more money than that available to invest would have made my income any faster, bigger, steadier or more reliable.

        All you need is a domain or two, some hosting paid for say the first 3 months, and a couple of months toward an autoresponder subscription (and the two leading autoresponder companies give one month free, or for $1, anyway). There's even some reasonable free hosting available (freehostia.com, byethost.com, 000webhost.com) "for the desperate". But a paid autoresponder is an essential, certainly for affiliate marketing: it's a big mistake to "try a free one first".

        The monetary costs of "getting going successfully" in internet marketing, really are astonishingly low.

        The "entry-barrier" in this business really isn't about money at all. It's about acquiring knowledge, education and skills.

        .
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        • Profile picture of the author Lucian Lada
          Originally Posted by Alexa Smith View Post

          The "entry-barrier" in this business really isn't about money at all. It's about acquiring knowledge, education and skills.
          We should make this sticky.

          Everything is cheap on the internet: hosting, domains, autoresponders, royalty free pics, etc.

          Knowledge, on the other hand, can be cheap (or free) too, but it's hard to find any reliable source. And the worse part is that the people who should keep their mouths shut are all over the place, selling dreams for 5$. (Just check out the WSO section).

          It's like with self-help: if you're depressed, you don't need to buy the newest self-help best-seller book from your local library or go to a "personal development" seminar with a "speaker" who cries himself to sleep each night on random hotel rooms across the country. You need a therapist. However, therapists aren't all over the place, like ads for new books, they don't promise you overnight changes, don't have a charming (yet stupid) grin on their face, and they cost more, too. (Plus, people aren't comfortable disclosing their sick thoughts to strangers.)
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  • Profile picture of the author qqsnail
    $100,oh,just too little too call "invest",maybe pick a offer from a cpa network and then advertise it at POF
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  • Profile picture of the author sirtiman
    Wherever the investment go, you must be ready for fail and learn from it.
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  • Profile picture of the author Tom Addams
    Simple answer: Domains.

    Flip the domains, make a few thousand, and use your new-found startup capital for a passive income stream.

    GRM
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    I Coach: Learn More | My Latest WF Thread: Dead Domains/ Passive Traffic

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    • Profile picture of the author salegurus
      Originally Posted by Get Rich Methods View Post

      Simple answer: Domains.

      Flip the domains, make a few thousand, and use your new-found startup capital for a passive income stream.

      GRM
      If only it were that easy....
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      • Profile picture of the author suggs
        Originally Posted by Get Rich Methods View Post

        Simple answer: Domains.

        Flip the domains, make a few thousand, and use your new-found startup capital for a passive income stream.

        GRM

        Originally Posted by salegurus View Post

        If only it were that easy....
        +1 To this comment

        As a person who has been involved in domain flipping in the past, its not something that is easy these days. You can quite literally wipe out $100 on bad registrations far easier than selling for profit.
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      • Profile picture of the author Tom Addams
        Originally Posted by salegurus View Post

        If only it were that easy....
        If you know what you're doing, it is.
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        I Coach: Learn More | My Latest WF Thread: Dead Domains/ Passive Traffic

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  • You can start making an authority site/blog. Learn how to rank and profit the heck out if that site with optimized content and posts. Proper on and off page seo is always a great skill to have then syndicate it with your social media outlets.

    Seo does take patience but the older the site is and the more link juices you put on it, the traffic you will get.

    And traffic is always the bloodline of any business.

    Joe
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  • Profile picture of the author Victor Edson
    If it were ME, I'd get a domain and autoresponder and save the rest to cover expenses, like a logo and maybe some content.

    For a brand new person... I'd have to agree that learning the ropes is important... without knowing what to do, it's a lot harder than if you already have the knowledge to succeed.
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  • Profile picture of the author br06269
    hmm... I would probably try to buy something for 100$ that I think I could sell/ trade for something more valuable.

    Once in a while a story comes out about a person that started with a pen and traded up to a car or something pretty cool. So I think I would start there and see what I could get out of it
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  • Profile picture of the author Matthew Trujillo
    $100 bucks? How would I start that? Hmm.. That's not a lot to work with. If you are brand new completely, it would be smart to get an autoresponder and from there get web hosting. That what you can do is buy optimizepress to create a landing page to collect subscribers. From there you can find some offers that you believe can help your niche, and do your best to market to them through free methods. Which include Video Marketing, Forum Marketing, etc.. But being on that tight of a budget can be tough especially when you need money to survive and eat.
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  • Profile picture of the author ViceHood
    If I were you, I'd spend the $100 on flowers and chocolates. Take Alexa Smith on a date and see if you could learn a few things from her! She seems sharp as a tack!
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  • Profile picture of the author stvnc123
    In my opinion the best way to make more money with $100 is study and start a business where one can make money with money.

    Things like buying fiverr gigs and selling it somewhere for more profit whether with 10% margin or 100%.

    You can do this with physical products on ebay too. Buy offline and sell on ebay
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  • Profile picture of the author Franklynn
    I would go to ebay and study what is selling (you can do this in any category by looking at completed listings). I would then try to buy some of what is selling really well, and sell it myself.
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  • Profile picture of the author RyanLB
    I would buy a subscription to Mixergy. Learned more from there than from any other source online. Excellent interviews.
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  • Profile picture of the author himanuzo
    Build your own list. Using Aweber or GetResponse around $20 per month. Mean: you have 5 months, it is enough to get ROI (return on investment).
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  • Profile picture of the author mialucy06
    According to me, first off all you need to select which business you wants to start. There are many business are available in the internet family. Such as someone buy domain & hosting then sell to make profit. on the other hand someone buy domain & hosting & try to increase its traffic then Make adsense or, make affiliate marketing & try to sell online product. So fist of all you should choose which one do you wish?
    Thanks
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  • Profile picture of the author Chris-
    Get on the War Room, find a method that can be tested for FREE (or for only the cost of domain and hosting), keep testing methods until you find one that is profitable, and ONLY then, invest in outsourcing and expanding, while continually testing all assumptions as you do so.

    I think spending anything more than domain and hosting (and War Room) is a waste of money before you've got a working method. Sure, I've bought a few methods that looked realistic . . . most of them didn't actually work, but I learned something from each (including what NOT to do) so I don't regret the few dollars spent, and a few methods work well.

    There are methods advertised these ways which say how you can outsource everything from the start and never have to do any work or to actually understand how the method works, just "do what it says". I think that's a bad idea, because even if the method happens to work that way, as soon as there is one small change in how things work on the internet (and those sorts of changes happen daily) you won't understand enough to fix the problem. I advise doing almost everything yourself to build up a good understanding of how and why each part of the method does what it does, that way you can know enough to have a stable system for profit in the long-term.

    Chris
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  • Profile picture of the author Dave37
    Originally Posted by Rewbert View Post

    Hi,
    asking both veterans and new people in the internet marketing business.

    Let's say you had $100 and you wanted to start up a business, invest in something, basically anything that would be the start of your internet marketing carreer. How would you spend these dollars?

    Robert
    Let's consider 2 things:
    - I have a basic knowledge about IM, I know many different ways to start a business, and I'm just ready to take actions.
    - I preferably want to make money fast so that I can have the confidence to keep going.

    Then I would invest this budget in methods that would generate revenues fast, within 1-2 weeks. [Doing arbitrage could be a good starting point]

    But since I consider that I'm just starting out, then I would reserve $20-$30 of that budget to buy a good course, and invest the rest on putting it into action.
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  • Profile picture of the author SDsurfer
    Invest it in some coaching. Honestly the method you use for internet marketing isn't as important as the implementation and follow-through. $100 won't get you much coaching, but it might get you enough to put you on the right path.
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  • Profile picture of the author Esteban Gomez
    I would invest the $100 in getting my site or blog up and running.

    People trust others who have a nice site that looks professional.

    After having the site setup you can start blogging or Vlogging to get traffic.

    Getting leads and building your list is the #1 task that you should focus on after having a site.

    Some people say it's not necessary to have a blog but I believe it's your headquarters and a great way to generate free leads.

    Look at most of the top earners, they all have a blog even if their main traffic source is not blogging.

    If I was totally new I would create a good looking site designed to get opt-ins and start marketing my posts and videos in other places to get leads.

    Hope this helps
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  • Profile picture of the author John Westbrook
    Hi Robert,

    Here's my opinion:

    $15 on domain name
    $12 on first month hosting
    $15 on first month email marketing account at GetResponse or other
    -->then create a product, a sales funnel, write the copy/emails/etc get it all ready
    $58 remaining on marketing depending on niche...but marketing that puts names/emails on your list.

    All sales are then reinvested to keep the process building.

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  • Profile picture of the author Kristi1603
    1.69 domain with GoDaddy
    40 hosting
    20 autoresponder
    the rest in FB Ads/Bing Ads
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  • Profile picture of the author Randall Magwood
    I would use it to test different advertising sources. I do very little free marketing, but paid advertising is my style. Just me. But even so still, $100 isn't alot to workout. Spending it on a site, domain, autoresponder, etc to just have it sit there until you re-up on another $100 doesn't help much (my opinion). But you should hop in and see for yourself.
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  • Profile picture of the author skyro
    As a newbie I would of buy domain name, hosting, auto - responder service, squeeze page maker ( epic squeeze), and a $10 wso on building a funnel and $10 wso on cheap or free traffic methods and get to work.
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  • Profile picture of the author Lightlysalted
    $100 is not much but I'd buy a domain name and web hosting, upload Wordpress and start blogging about something I'm passionate about. Building a following, add an email list and then do some blog posts about products which you can earn a commission on.
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  • Hello Robert,

    If I had a $100 dollars to invest into a business. I would focus on purchasing a domain name that is relevant to my start up idea and I would outsource the website design on Freelancer.com. This is what I did and I received exceptional results.

    Other non-monetary things to focus on would be developing a beneficial business plan. In addition, add quality content to your website blog to increase website traffic.

    Good luck!
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  • Profile picture of the author joseph7384
    How would you invest $100?



    Without having a business plan, it's like trowing money in the wind. I would take that $100 and take the family out to Chi Chi's Mexican restaurant because I don't know about you but I think better on a full stomach, then put your thinking cap on and construct yourself a solid business plan.
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  • Profile picture of the author Zak L.
    I would WITHOUT A DOUBT - invest in brokering simple graphic design work to offline clients and paying people on Fiverr (that is where you would use the initial $100).

    Let's say you close 20 logo design deals for offline clients -
    at $50 each.

    Head on over to Fiverr to get your logo designer to design them for you (costing you just $5 each) - so $5 x 20 = $100.

    Then each of your clients pay you $50 for the final logo design - so $50 x 20 = $1000.

    Boom!!

    Just rinse and repeat.

    -BrokeringSchool
    Signature





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    • Profile picture of the author savidge4
      here is the thing with this question. It sounds simple enough but the reality of the answers come at 2 levels. Have you succeeded prior to this, or are you still spinning your wheels?

      If you have successfully made money online you understand the process and more than likely can replicate it. So with $100 like many have said you could get hosting on the monthly get a domain name and get a auto sponder... Notice any and everyone that said this, not a one said anything about traffic. WE know we could get traffic with our various methods.

      The flip side of this is someone that may have tried IM or is trying for the first time. 1 month of hosting wont get them past the page build process let alone anything else. and with best guess $40 left that is gone in months, and still no traffic and no cash flow.

      The idea that you can start IM with $100.00 is in fact a true statement for those of us with experience. If you are just starting out it simply is a fantasy.

      On a daily basis, we read post titles "Need help with traffic" or the like. This is the Primary first hurdle people run I not. How do you get traffic.

      There are folks here like myself that use primarily SEO methods. Its what I know, its what I am good at, it works for ME. This method is NOT for everyone.

      There is Alexa's method of content marketing. I do a bit of what Alexa does but the reality is this, I am straight up not as good a wordsmith as she is. I was trying to find a ( I think ) recent post Alexa made about Cauliflower Soup ( search on the WF sucks ) Probably the best post I have ever read on this Forum. OF COURSE she is going to use her form of Content Marketing... it works for her, but its NOT going to work for everyone.

      There is Social Media... I happen to be decent in this category... there is a learning curve that is for sure, and each one is different in approach. Again using this as a source of traffic is not an easy route to follow... and it sure isn't instant when you first start.

      And the same goes with any other method. There are people that will be drawn to any and every method, it will be what works for them, its not one is better than the other, its just a matter of finding the one that works.

      Unfortunately the pain and struggle doesn't stop there. Then there is the process of building a list. Again for those of us that have done this time and again, its almost second nature. but the first time out, its a HUGE hurdle. How many threads have we read... "I have traffic that I am not converting" Its actually painful for me to read these type of threads!

      Then the last hurdle... actually selling something. Its all in learning that you are PRE SELLING. Its not that its hard, its just counter intuitive in some ways. Most often at this stage we read posts with I cant sell this product it sucks.. Im getting a new one, which one should I get?" or the like.

      The truth is, its not the product that's failing its the steps leading to selling the product that is failing.. and quite simply most people don't want to hear that.

      I break this entire process down into 3 "easy" steps. there is getting traffic, there is qualifying traffic and there is selling traffic. Unfortunately for those that are beginning, there are umpteen thousand ways to do each. And for those of us thatare successful, well we have narrowed down that path to what works for us.
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      • Profile picture of the author kilgore
        Originally Posted by savidge4 View Post

        here is the thing with this question. It sounds simple enough but the reality of the answers come at 2 levels. Have you succeeded prior to this, or are you still spinning your wheels?

        If you have successfully made money online you understand the process and more than likely can replicate it. So with $100 like many have said you could get hosting on the monthly get a domain name and get a auto sponder... Notice any and everyone that said this, not a one said anything about traffic. WE know we could get traffic with our various methods.

        The flip side of this is someone that may have tried IM or is trying for the first time. 1 month of hosting wont get them past the page build process let alone anything else. and with best guess $40 left that is gone in months, and still no traffic and no cash flow.

        The idea that you can start IM with $100.00 is in fact a true statement for those of us with experience. If you are just starting out it simply is a fantasy.

        On a daily basis, we read post titles "Need help with traffic" or the like. This is the Primary first hurdle people run I not. How do you get traffic.

        There are folks here like myself that use primarily SEO methods. Its what I know, its what I am good at, it works for ME. This method is NOT for everyone.

        There is Alexa's method of content marketing. I do a bit of what Alexa does but the reality is this, I am straight up not as good a wordsmith as she is. I was trying to find a ( I think ) recent post Alexa made about Cauliflower Soup ( search on the WF sucks ) Probably the best post I have ever read on this Forum. OF COURSE she is going to use her form of Content Marketing... it works for her, but its NOT going to work for everyone.

        There is Social Media... I happen to be decent in this category... there is a learning curve that is for sure, and each one is different in approach. Again using this as a source of traffic is not an easy route to follow... and it sure isn't instant when you first start.

        And the same goes with any other method. There are people that will be drawn to any and every method, it will be what works for them, its not one is better than the other, its just a matter of finding the one that works.

        Unfortunately the pain and struggle doesn't stop there. Then there is the process of building a list. Again for those of us that have done this time and again, its almost second nature. but the first time out, its a HUGE hurdle. How many threads have we read... "I have traffic that I am not converting" Its actually painful for me to read these type of threads!

        Then the last hurdle... actually selling something. Its all in learning that you are PRE SELLING. Its not that its hard, its just counter intuitive in some ways. Most often at this stage we read posts with I cant sell this product it sucks.. Im getting a new one, which one should I get?" or the like.

        The truth is, its not the product that's failing its the steps leading to selling the product that is failing.. and quite simply most people don't want to hear that.

        I break this entire process down into 3 "easy" steps. there is getting traffic, there is qualifying traffic and there is selling traffic. Unfortunately for those that are beginning, there are umpteen thousand ways to do each. And for those of us thatare successful, well we have narrowed down that path to what works for us.
        What could I possibly add to that? Answer: nothing.

        Normally I think it's silly to quote an entire post, but since it was so well said I think it deserves to be posted in its entirety twice, if only so more people notice it. Well said.
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      • Profile picture of the author Rewbert
        Banned
        Originally Posted by savidge4 View Post

        here is the thing with this question. It sounds simple enough but the reality of the answers come at 2 levels. Have you succeeded prior to this, or are you still spinning your wheels?

        If you have successfully made money online you understand the process and more than likely can replicate it. So with $100 like many have said you could get hosting on the monthly get a domain name and get a auto sponder... Notice any and everyone that said this, not a one said anything about traffic. WE know we could get traffic with our various methods.

        The flip side of this is someone that may have tried IM or is trying for the first time. 1 month of hosting wont get them past the page build process let alone anything else. and with best guess $40 left that is gone in months, and still no traffic and no cash flow.

        The idea that you can start IM with $100.00 is in fact a true statement for those of us with experience. If you are just starting out it simply is a fantasy.

        On a daily basis, we read post titles "Need help with traffic" or the like. This is the Primary first hurdle people run I not. How do you get traffic.

        There are folks here like myself that use primarily SEO methods. Its what I know, its what I am good at, it works for ME. This method is NOT for everyone.

        There is Alexa's method of content marketing. I do a bit of what Alexa does but the reality is this, I am straight up not as good a wordsmith as she is. I was trying to find a ( I think ) recent post Alexa made about Cauliflower Soup ( search on the WF sucks ) Probably the best post I have ever read on this Forum. OF COURSE she is going to use her form of Content Marketing... it works for her, but its NOT going to work for everyone.

        There is Social Media... I happen to be decent in this category... there is a learning curve that is for sure, and each one is different in approach. Again using this as a source of traffic is not an easy route to follow... and it sure isn't instant when you first start.

        And the same goes with any other method. There are people that will be drawn to any and every method, it will be what works for them, its not one is better than the other, its just a matter of finding the one that works.

        Unfortunately the pain and struggle doesn't stop there. Then there is the process of building a list. Again for those of us that have done this time and again, its almost second nature. but the first time out, its a HUGE hurdle. How many threads have we read... "I have traffic that I am not converting" Its actually painful for me to read these type of threads!

        Then the last hurdle... actually selling something. Its all in learning that you are PRE SELLING. Its not that its hard, its just counter intuitive in some ways. Most often at this stage we read posts with I cant sell this product it sucks.. Im getting a new one, which one should I get?" or the like.

        The truth is, its not the product that's failing its the steps leading to selling the product that is failing.. and quite simply most people don't want to hear that.

        I break this entire process down into 3 "easy" steps. there is getting traffic, there is qualifying traffic and there is selling traffic. Unfortunately for those that are beginning, there are umpteen thousand ways to do each. And for those of us thatare successful, well we have narrowed down that path to what works for us.
        Very good reply, this was exactly what i was looking for in an answer. I'm interested in how experienced peoples approach to the problem given differs from that of relative beginners. :-)

        Thanks.
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  • Profile picture of the author Tim Fuhrman
    As time goes on you will hear more and more internet marketing people tell you that the money is in the list and that is true. So I would invest your cash in an autoresponder right from the start. Because you can use free web properties like weebly, facebook etc to build a list.

    Next in line would be some domain hosting and your own website. But I wish someone had told me to build my list right from the start.
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