I can invest 500 USD monthly, what should I do ?

33 replies
Hello !

I am a businessman from Europe, not an native English speaker. I have a vending business, but in the past I started with an Internet cafe.
Over the years, I keep studying the online businesses how they grow and sometimes I regret that I left behind the online.
Now I want to expand and I want to start something out of my country since the business environment here start to stink..

What should I do ? I am not looking for overnight success, my actual business was built in years.

I can put 500 USD monthly in the new journey and reinvest all the profit.

Thank you for your suggestions in advance.
#500 #invest #monthly #usd
  • Profile picture of the author ninosem
    Heres all you need to do to make money in this business.

    1.) Pick/generate a hot converting offer

    2.) Drive traffic (blog, videomarketing, paid traffic....) to a squeeze page and build your list.

    3.) Build relationship with that list, market to it, share helpful tips and focus on 80% value 20% promotions.

    5.) License some hight ticket affiliate offer and share it with your list

    4.) Take profits, reinvest, scale up

    Thats it!!

    Make it simple and don't complicate too much...

    You can master process or outsource anything (copywriting, webinars, technical stuff) you hate doing along the way.
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    • Profile picture of the author YourBizAid
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      • Profile picture of the author agmccall
        Put the money in the bank and spend the next 6 months learning and deciding on what strategies and business model you want to follow. Then you will have at least $3,000.00. And with all the information you have gathered in those 6 months you will know exactly what to do with your money. You will probably be pleasantly surprised when you find out that you might only need a small portion of your funds.

        al
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  • Profile picture of the author newideamarketing
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    BUILD A LIST

    just pick a niche and build a list there is tons of money to be made but really its all in the list
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  • Profile picture of the author rick323
    I'd do what he says! building a list will be the best choice especially if you have that money to invest every month!
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  • Profile picture of the author kk075
    Hey Samy-

    Unfortunately, you're not going to get solid advice here since people are only going to share their "get rich quick" ideas. Since you do not have the knowledge or the background to know what you're doing yet, there's about a 99.99% chance that you'll lose that $500 a month and have nothing to show for it. So if you're serious about investing in your future online, go read a few courses and learn for yourself how to make money through Internet Marketing.

    That's the ONLY way you'll be successful because there is far too much to learn. And the advice here is going to do nothing but steer you down the wrong path.
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    • Profile picture of the author ACandi
      Originally Posted by kk075 View Post

      Hey Samy-

      Unfortunately, you're not going to get solid advice here since people are only going to share their "get rich quick" ideas. Since you do not have the knowledge or the background to know what you're doing yet, there's about a 99.99% chance that you'll lose that $500 a month and have nothing to show for it. So if you're serious about investing in your future online, go read a few courses and learn for yourself how to make money through Internet Marketing.

      That's the ONLY way you'll be successful because there is far too much to learn. And the advice here is going to do nothing but steer you down the wrong path.

      Hello samy2013,

      I'm supporting kk075; comment and suggests that you check out the following discussion thread:

      Click Here for more.

      LB.
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      Turn $50 into $500!
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  • Profile picture of the author slammer81
    This seems to be a question that comes up quite a bit. At least you are interested in investing your $500. You also have the option to save the $500 for a few months and purchase a decent domain and then follow steps above (domain will have resale value) to implement a site.

    You could study a traffic generation method for 10 months whilsts saving your $500 and then invest the now $5000 into a site with income.

    Plenty of directions to take. Good luck!
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  • Profile picture of the author TheZafraGroup
    Start creating content. Become a content creator. It doesn't cost much to start blogging. It's free to shoot and upload youtube videos. Bottomline, become someone valuable. Creating content is the best way to attract people especially people who are interested in what you have to offer.

    I also highly recommend that you invest in yourself. Learn more, become more and gain more skills because that's how you stand out and actually create results in life. $500 a month is a lot of money and that can do a lot. So if I were you, focus more on your education. While you're learning, you're out there creating content which creates traffic and where there's traffic, you can generate leads and when you have a list of leads, then you can create sales. They say that every subscriber in your list is worth $1/monthly. The more people you have, the bigger your income gets.

    So for now, focus on your education. If this is something you look to do long term, then take it seriously and treat it that way. Like you said, you don't want no overnight success stuff. This is the best way to grow and become someone of value. If you're serious and ready to take action, then awesome stuff are in for you in the future! :-)
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  • Profile picture of the author pcgun007
    Start promoting lead with paid method.. but before that study about it..
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  • Profile picture of the author Filosophy
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    Originally Posted by samy2013 View Post

    I can put 500 USD monthly in the new journey and reinvest all the profit.
    HEY! LISTEN! What I say is very important!

    1) Do not listen to anyone else in this thread - they're either fools or treating you like a fool.

    2) A fool and his money are soon parted.

    3) If you're asking "what should I do with $X?" - then DO NOT spend it! Do more research and make a calculated decision.

    It is better to hold onto the money you have and wait, than to spend it on something you don't fully understand.

    I can say this because 5 years ago I had $20,000 and asked fools what I should do with it. I was a fool myself and listened to them. I lost the $20,000. If I could do it again I would've held onto the money and read more. Don't make my mistake.
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  • Profile picture of the author MuhamadEdisonA
    Hi sammy..

    If you are businessman, I think you can research your market to make the hottest product creation. Product creation is one off the best way to get money and you can create the best and proffesional product by investing $500 monthly. If you can't do that by yourself, you can hire people (fiverr) to create your product

    Then, after create a product, post your product in WSO, Warrior+ and JVZoo

    But the important thing is you have to advertise to get JV with a biggest gift. I assume with money like that you can get more JV and build your list by yourself. Take relationshop with your list. It can be long term asset for your business

    Good luck bro..

    -Edison
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    • Profile picture of the author More Than Tips
      I think I read above to take my advice do not take anyone's advice here? That is funny even if realistic.

      Well I think you need to do a little soul searching into what you really are comfortable doing.

      Not everyone can create a relationship with a list and they are just learning themselves. Many people can smell the B.S. of fake it til you make it as well.

      But becoming a sponge and absorbing all you can can help and it can hurt..try not to take in the ocean..just dip your toes in as you need it and stick to a specific swimming area so you do not drown in info overload.

      But once you say to yourself hey Mobile will be around for a while I will go with that...hey video is pretty much here to stay I will learn that, or webinars can be very profitable right from the start then just remember to STICK WITH IT.

      Yes you can gather all you can from all over the web but keep it on that primary focus you decide on and stay committed to it. These days and weeks fly by so fast but if you stick with it in a years time people may be calling you the authority on that subject.

      Wishing you the best you sound like a very cool person that sincerely wants to succeed.
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  • Profile picture of the author Slade556
    Do you have any skills you can use to your advantage to make money online?
    You say you're already a businessman, so you won't be starting from scratch!
    I also think you should keep your $500 in the bank. Unless you need to rent a place for your business, don't go around spending that kind of money right from the start.
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  • Profile picture of the author AngelaWest85
    TheZafraGroup is right.content creations is a pretty good way to get your feet wet and there are always and always will be prople needing it
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  • Profile picture of the author discrat
    Originally Posted by samy2013 View Post

    Hello !

    I am a businessman from Europe, not an native English speaker. I have a vending business, but in the past I started with an Internet cafe.
    Over the years, I keep studying the online businesses how they grow and sometimes I regret that I left behind the online.
    Now I want to expand and I want to start something out of my country since the business medium here start to stinks..

    What should I do ? I am not looking for overnight success, my actual business was built in years.

    I can put 500 USD monthly in the new journey and reinvest all the profit.

    Thank you for your suggestions in advance.
    Yeah, that is more than enough to get started and thankfully (unlike many others) you have a good mindset as far as the time it will take to be successful at this.

    Of course the 'stables' you will need... Autorepsonder, Domain, Hosting.

    On top of that I would really outsource some quality content...whatever that may be for you.
    ( Blogging, Website, Email etc..etc..)

    I think this is a good start. Also, investing in some more education is always wise.

    Always continue to learn.



    - Robert Andrew
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    • Profile picture of the author samy2013
      First, I want to thank you all for your answers.

      Yes, creating some products is one of my thoughts. I have material, good material for a few self-development ebooks. But since I am not an native English speaker, I will have to outsource and this is a problem.

      Creating a phisycal product is an option too, there is a little bit easy since I do business in China since many years.. But here is more money for the start..

      I have some Facebook pages in progress, but it become more expensive to boost posts and it is hard to bring REALLY new content. Social media is one of my thoughts too.

      And finally, but not last, since I am from Romania, Dracula's land , I have a unique and original product prepared - vampire related , but vampire/Dracula niche I think that's already outdated..

      I will keep learning, but I will have to take some action too..
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      • Profile picture of the author sophuk
        If you think the dracula niche will work, combine the 2 sources ie your website/Facebook and have physical products made in China too, maybe ?

        OR..... take a holiday with your first $500 and read, read, read loads of FREE advice on here.
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      • Profile picture of the author kk075
        Originally Posted by samy2013 View Post

        And finally, but not last, since I am from Romania, Dracula's land , I have a unique and original product prepared - vampire related , but vampire/Dracula niche I think that's already outdated..
        Hey Samy-

        Just so you know, two of the top three television shows in the United States over the past year have been about vampires (the Walking Dead and True Blood...both of which have taken #1 overall at one point). There are dozens of other vampire shows though and they all have very loyal followings, so that could be an extremely profitable niche if you develop it properly and have your own products to sell.

        Heck, there's even a company in the US that does marathons/obstacle courses with the Zombie Apocalypse theme where they have hundreds of actors in character chasing after the people who enter to compete. I would actually do that myself since it sounds like so much fun.
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  • Profile picture of the author NeedBucksNow
    I would say to use the $500 to create your website, get a web designer to make sure it looks great, start buying articles to add to it, and possibly use a couple hundred to put into Facebook ads or Bing ads. If you are starting from the very beginning, you would be better off to add plenty of content before you decide to spend alot on advertising and you can always use social media and YouTube videos as well. You want to make sure that people love what you have before spending it all on advertising and if you use this strategy you should be able to get alot of it from people sharing. This is not an overnight get rich kind of thing but if you are willing to put a year of your life into being successful, it should happen naturally and eventually you will be making that much or more every month. Then you can make more sites and repeat it over and over
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  • Profile picture of the author Rory Singh
    Originally Posted by samy2013 View Post

    I am a businessman from Europe, not an native English speaker. What should I do ? I am not looking for overnight success, my actual business was built in years.

    I can put 500 USD monthly in the new journey and reinvest all the profit.
    Samy, keep your dollars in your pocket and do some more research online, on this forum and on the search engines.

    There are many different ways that people are making money but not everyone of those methods are fitting to all.

    If you are not in a hurry, take some time and find the 'right' business.

    People fail because they get in the wrong business with the wrong expectations.

    To your success Samy!
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  • Profile picture of the author talfighel
    Samy,

    If you are going to get into affiliate marketing, this is what I would do:

    1. Get your own domain name.

    2. Build your site with one or a few affiliate programs.

    3. Make sure to work with affiliate programs that pay you residual income and high ticket commissions.

    4. Once your site is ready with the right affiliate program/s, you want to market it.

    5. Use pay per click and start with a $5-$10 per day budget.

    6. Stay consistent with your ads.
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  • Profile picture of the author AzzamS
    The best advice on this post is those who have told you to keep your money in your pocket, to start that is. Sure, spend money on your education and knowledge, since that is money invested in yourself.

    Take a look at the training available on Fizzle.co — Honest Online Biz Training, they have a $1 trial, so you have nothing to lose. Also, all the training is done via video. Corbett Barr is the CEO and it used to run ThinkTraffic, which was a great site for building traffic. Fizzle, however, deals with all aspects on online businesses and has a great forum of like-minded entrepreneurs
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    • Profile picture of the author samy2013
      I am not quoting anybody, but I want to tell you all that creating an product that REALLY help people is one of my options.. Or to be more specific the main option..

      Quick rich/ lose weight quick or something in this"do fast" domains seems to be just polished lies.. I cannot do that.. I tried to be an honest person all this years and an honest businessman too.. And because of that I lost a lot of money..to be honest again.

      Investing the money that I am talking about in paid traffic I think that the best think that I can do, since I don't have time and patience to do writing, SEO or build a list.. I never was good at sales.. I think that outsourcing the sales is the best for me, but finding honest and professional partners is a challenge for you as well..

      I am on this forum and others for years , I try to learn as much as I can, but I think is time to take some action, since I feel I'm getting old..

      Thank you all for your advices, it is a pleasure to get answers from people who share the same interests.
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      • Profile picture of the author mushmush
        Good Budget.

        1. Educate yourself. Don't rush into things fast. Read and Read. I suggest you join a relaibel coaching programme ,but not an expensive one.

        2. Don't believe anyone who will send you a private message telling you that he can make you rich by coaching you. He better makes himself rich first.

        3. See where your passion goes. Is it into CPA ? Into other sectors? When you find where your passion goes, follow it.

        4. Spend money wisely. Don't spend this much now.

        5. Don't ever think that there are secrets someone might reveal to you. Yes, there are many things people know and hide from others because these are the things that will make them ahead of others. All these come from experience.

        6. Don't buy those shiny products which you don't know what they are. Someone would tell you that there is a system that makes you money on auto pilot. LIAR. Never believe these lies.

        READ and Test...READ and Test...READ and Test...
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  • Profile picture of the author Jamel Hassell
    Digital marketing certainly would be a plus . Not only do you not have over head,inventory,rent,and staff but you have the ability to market to large numbers of people using a few methods driving traffic to your offer.
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  • Profile picture of the author seobro
    Best advice is, invest your time before you invest your money.

    What do you want to create any way:
    • an app
    • an e-book
    • a physical product - ie soap
    Here are important questions for you.



    1. Do people really need your product?
    2. If so, how much can they afford to pay you?
    3. Is there a lot of competition, or are you the only one?
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  • Profile picture of the author cherrytom
    Interesting question, and a few awesome replies! I'm surprised no one suggested finding a mentor. After many years of wasted time, and money I could not afford to lose, I finally realized I needed a mentor --- someone to tell me what to do, and show me how to do it. There are mentors in every niche. They all charge fees for coaching, but this would be well under $500 a month and it would be money well spent. Good luck in your search and, hopefully, you will always try to keep smiling!
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  • Start with basic affiliate marketing

    Traffic > Your Optin Page > Affiliate Offer on Thank you page > Autoresponder

    Autoresponder with a balance of...

    > Promotions (Affiliate) and...
    > Content

    Hope this helps
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  • Profile picture of the author Marketeranas
    Start with t-shirt selling .

    Teespring is the easy way to maximize your ROI and build up your earnings.

    $500 is good to start with it . All you need is a good design plus little research and effective targeting on facebook ads and you are all set to make good money from it .
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  • Profile picture of the author mina2000
    Invest the money in an asset.
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  • Profile picture of the author Bridgitte
    Samy listen what most of people said on this forum, keep the money in your pocket and first create a business plan, what is your best skills, what you know to do better and do that things. Making money online was years ago an opportunity, now money make big websites and classifieds that build a name. If you want to make money online, go and offer your services on Fiverr and Freelancer,this people they share any url link with their friends from FB, Google +, Twitter,Instagram for 5 $, so this is without no investment.
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    • Profile picture of the author James Baker
      One of the best suggestions I feel as cherrytom mentioned is if you are really serious then invest in a successful mentor or coach.
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