Made 250$ in 2 days, What can I do?

65 replies
Hi, I recently bought a fiverr gig for 10$ and resold it for 250$ profit and to be honest, I didn't think it would ever happen.I found someone in need of a 3D logo intro and I managed to deliver what he wanted.

My question is, based on your experience or so, in what would be the best to invest this money in order to scale up? Please keep in mind that I am fairly new to internet marketing, I am only doing this for 4 months now, only made some money in the last 2 weeks
#250$ #days #fiverr #made #profit
  • Profile picture of the author jayeye
    Congrats on your sale!

    There are a hundred different things you can do.

    If I were starting today, I'd start building an email list right away.
    That takes you to email marketing, affiliate sales, and product creation.

    I recommend that you find a good, basic coaching program as that will
    speed up your learning curve.
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  • Profile picture of the author visimedia
    I think scaling up in what you just successfully did will be the best way to do it, it's simply because it's proven you can do it yourself.

    e.g. invest in something related to your gig service, maybe software to save the time producing the same result manually, stuff like that.. hope you get me.
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    • Profile picture of the author bgabriel
      Originally Posted by visimedia View Post

      I think scaling up in what you just successfully did will be the best way to do it, it's simply because it's proven you can do it yourself.

      e.g. invest in something related to your gig service, maybe software to save the time producing the same result manually, stuff like that.. hope you get me.
      Thank you for the suggestion!

      I actually bought the gig from fiverr for 10$ and resold it for 250$ profit, I am not into creating those gigs
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  • Profile picture of the author theheron
    I guess the answer to your question is to find more people that want this gig .
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  • Profile picture of the author VA2011
    Congratulations on your profits. My advice is: keep doing that. It is called arbitrage and it can be very profitable, not to mention the most time-consuming part is to actually find a client, after that it's fairly easy to find someone willing to do the job for a fraction of the price you're going to sell.
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  • Profile picture of the author techforce
    I think you should start to build a brand in this nich and i suggest you to start a web site for that and may be also a fan page on facebook
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  • Profile picture of the author dhiraj192
    You can't go wrong putting up a squeeze page and building a list to market to.Best to start a list from the get go. I hear of many regretting waiting.
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  • Profile picture of the author SZ
    First of all, congrats on your achievement. I would suggest to learn something that you're interested in. Browse this forum for method you would like to try on. CPA/PPD/Adsense or whatever it is, if you do it right, you will bank hard.
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  • Profile picture of the author RafaelThaGreat
    That's awesome you made some decent dough.

    You didn't specify how you found the customer willing to pay $250 for the 3D logo, but if it's possible I would try and find more customers the same way you found this.

    Also offer other 3D related services to people and build your private list of Fiverr sellers to complete the tasks.

    The rest is pretty simple.
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  • I honestly feel like if you on could do it once, you could do it again.

    I recommend investing your money into nothing but your bank account. Save it.

    Do what you did to resell that gig. When you get to several thousands of bucks, then you could go on and invest all that money into bigger things.

    I recommend reselling the gigs at smaller prices though just to make sure you make more sales and get more cash coming in.
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  • Profile picture of the author sunnydaze39140
    Congratulations! I am impressed. Perhaps I should look into this. Out of curiosity, where did you sell this? (If you can disclose that information?) I am still learning and am clueless about this stuff!
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  • Congratz on the profit. Dropshipping a common thing.

    You just need people to buy your services on your website, and you outsource the creation through Fiverr
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  • Profile picture of the author Eagle07
    Originally Posted by bgabriel View Post

    Hi, I recently bought a fiverr gig for 10$ and resold it for 250$ profit and to be honest, I didn't think it would ever happen.I found someone in need of a 3D logo intro and I managed to deliver what he wanted.

    My question is, based on your experience or so, in what would be the best to invest this money in order to scale up? Please keep in mind that I am fairly new to internet marketing, I am only doing this for 4 months now, only made some money in the last 2 weeks
    Try to do it again in at least 5 other gigs. Document everything that you do and look for the winning strategies. Create a step a step by step ebook guide and sell it online for others to duplicate.

    After that, you reinvest your other earnings in affiliate marketing. Build your list and sell valuable and helpful products in the long run.
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  • Profile picture of the author Sean DeSilva
    To add to the excellent advice about scaling/arbitraging, I'd say look at packaging your offering in a sensible way. It will help clarify your business model both to yourself and potential future clients.
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    • Profile picture of the author discrat
      bgabriel,
      Nice job. I cannot give you a whole lot of advice on Fiverr gigs because it is NOT my specialty.

      Of course scaling up with email marketing and finding a way to make that a tool you can implement is always advisable.

      But good to hear your making money with this particular form of IM


      - Robert Andrew
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      • Profile picture of the author ben500
        What is a "gig"?
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  • Profile picture of the author AdlerSEO57
    Personally, you'd be amazed what kind of offers you can find on free classifieds sites. If you live near a larger city on the 'gigs' section, you're bound to find people looking for different services offered on Fiverr that are willing to pay $50 to $100 for what they will receive. It's definitely possible to continue finding offers for those kinds of jobs online- especially on free classifieds.
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  • Profile picture of the author NilbogKing
    A "Gig" is is a task offered on Fiverr.com
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  • Profile picture of the author ThatOneGuy
    That's awesome! Just wanted to congratulate you. I, personally, never quite got arbitrage to work, mostly because so many people want quality work without having to actually pay for it. I'm astounded that you managed to do it!

    My advice would be this: if you know how to do it, do it. It's generic, but it's sound.
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  • Profile picture of the author hardworker2013
    What you should do is scale it up by investing some of that money in some targeted
    advertising like Facebook Ads
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  • Profile picture of the author Millionaire777
    Good R.O.I in FIVERR there are a lot of Gigs that worth more than 5$, Scale Up.
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  • Profile picture of the author Randall Magwood
    I would re-invest right back into the business. And don't be afraid to advertise into different outlets. Instead of just focusing on Fiverr, consider Facebook, PPC, related high traffic sites in your niche, JV's, etc.
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  • Profile picture of the author junkjames
    Great post...gives me some ideas of how to possibly consider doing a dream of working on marketing and advertising using Fiverr. Had considered it before but will be taking a different angle than what you are stating but this really helps.
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  • Profile picture of the author st0nec0ld
    Wow! It is actually a good investment. Great start for you.
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  • Profile picture of the author PreScriptZ
    honestly this is a good practice, but I think you can not do this method usually

    btw, what source you've joined to resell that gig?
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  • Profile picture of the author CTWilliamson
    Congrats on your sale. Have you tried Arbitrage Underdog? It works good for finding those folks who are searching for services such as logos,book covers and Wordpress design .
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  • Profile picture of the author DRP
    Originally Posted by bgabriel View Post

    Hi, I recently bought a fiverr gig for 10$ and resold it for 250$ profit and to be honest, I didn't think it would ever happen.I found someone in need of a 3D logo intro and I managed to deliver what he wanted.

    My question is, based on your experience or so, in what would be the best to invest this money in order to scale up?
    You got lucky. It was a fluke and not something you could scale up. On Fiverr anyway.

    You could do what a ton of other people try to do and find CL gigs and get hired for them. Outsource the work to a poor shmuck on Fiverr for $5-10 and pocket the difference. There are a lot of firms and web solutions companies that do this kind of arbitrage. If it sticks and you develop a brand, you can hire overseas laborers for about $500/month and churn out these kinds of solutions while pocketing the difference. Get referrals, market, and advertise to grow.

    Then, you can turn around and sell it all to an investor/company for a lump sum of cash. Then you can use those funds to start your next entrepreneurial project.
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  • Profile picture of the author globalexperts
    Spend the half of it on quality internet marketing courses, and the other half on the implementation.
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  • Profile picture of the author alambd1963g
    Originally Posted by bgabriel View Post

    Hi, I recently bought a fiverr gig for 10$ and resold it for 250$ profit and to be honest, I didn't think it would ever happen.I found someone in need of a 3D logo intro and I managed to deliver what he wanted.
    My question is, based on your experience or so, in what would be the best to invest this money in order to scale up? Please keep in mind that I am fairly new to internet marketing, I am only doing this for 4 months now, only made some money in the last 2 weeks
    Congratulations for your brilliant success. You may earn this amount suddenly. Generally you will not be able to earn this huge amount. Beside the Fiverr, you can use the Upwork, freelancer, elance, vworker or, some other sites. Thanks.
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    Best of luck.

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  • Profile picture of the author agmccall
    I think fiverr sellers should take note of this thread. People are making a killing with fiverr arbitrage. This person made 25 times more than the person who did the work.

    al
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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by agmccall View Post

      This person made 25 times more than the person who did the work. al
      Once. There's a word for that in life. It's called a 'fluke.' When it's repeated a dozen times or more, you have something. Until then, it's a one-off.

      Cheers. - Frank
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  • Profile picture of the author msm24
    First of all, I would turn this experience into a WSO if you feel comfortable giving up this information. It would potentially help lots of people.

    As for scaling the actual 3D design business, You could sell your services on all of the freelance sites. You could create a website to collect design leads to offer more services in the future. You could use classified ads (newspaper and internet) to get more leads, etc.

    There are tons of things you can do to get more clients but you should also think about the potential bottle neck you have when it comes to delivering your finished product. It seems like you only have 2 providers to finish your 3D designs. If you start really taking off and getting tons of clients then your 2 providers will be way to busy to finish all of your work. I think it would be wise to use some of your profit to test 5 to 10 more fiverr gigs to find the best quality 3D designers available so that you have more options for when you have a larger number of clients to do work for.
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  • Profile picture of the author Tyler Pratt
    Take that money and find more people who need 3d graphics.

    Im sure there a lot out there and you know how to sell it.

    Take the $250 and buy an ad selling your 3d graphic services.
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  • Profile picture of the author Freedom4rmUrJob
    Originally Posted by bgabriel View Post

    Hi, I recently bought a fiverr gig for 10$ and resold it for 250$ profit and to be honest, I didn't think it would ever happen.I found someone in need of a 3D logo intro and I managed to deliver what he wanted.

    My question is, based on your experience or so, in what would be the best to invest this money in order to scale up? Please keep in mind that I am fairly new to internet marketing, I am only doing this for 4 months now, only made some money in the last 2 weeks
    I'm going to have to agree with a few others and say invest in some small coaching. This way you can take away all of trhe guess work when doing all the techniques that people are recommending to you. Eliminate the learning curve.

    Second, I'd also scale up in the very thing you just accomplished. May be a good niche that you can be an expert on
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  • Profile picture of the author winnermarketing
    Repeat the same actions, but this time by your hands!
    ....I don t know what do you have sold but the most important thing is to get traffic and convert visitors into buyers.
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  • Profile picture of the author jamescanz
    Originally Posted by bgabriel View Post

    Hi, I recently bought a fiverr gig for 10$ and resold it for 250$ profit and to be honest, I didn't think it would ever happen.
    Talk about having sky-high confidence

    Originally Posted by bgabriel View Post

    My question is, based on your experience or so, in what would be the best to invest this money in order to scale up?
    Make money as an affiliate...

    You can monetize your knowledge...

    Or get the best of both worlds and do both above.

    (all while building your own list)
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    • Profile picture of the author Ron C Farrow
      Brilliant! Good job.

      Just shows that its possible to to make money but you have DO something.
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  • Profile picture of the author Kate C
    What you are doing is known as Arbitrage. This is when you find a customer, look for a service or product provider and act as the middle man. This method works if you find something that is in demand. The trick is to rinse and repeat for as long as it is working and you will make money. If you can also find more that one product or service to sell then you can really scale it up. Good luck. You are on the right track
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    • Profile picture of the author BigFrank
      Banned
      This could very possibly be the absolute worst thread that I have ever witnessed on this forum.

      How many $250 3D logos do you think can be sold? This was a fluke, a one-off, getting struck by lightening. None of you can understand this? No one? Not one person will say, "You are probably right. The chances of repeating this are slim and it is NOT a viable business model."

      This is pure insanity, plain and simple. lol

      Cheers. - Frank
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  • Profile picture of the author AvalancheROI
    This is basically what I do with my company AvalancheROI. My current goal is automation. Eventually you get there, but it takes a lot of work to automate what is basically a service based business.

    Biggest advice, try to find your niche. 3D logos might be a niche, but I have a feeling you'd be better off not niching that far down. Maybe, video intros. Companies and brands need intros for their video marketing efforts. Whatever your niche is, build an email list with those people.
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  • Profile picture of the author bizgrower
    That is a good amount of money, but not enough to "scale" up, or build a list as of yet.

    Besides, who would be interested in being on a list by a guy or gal who resold one 3D logo?

    If I get on a list, it's because I believe the person can provide me with valuable knowledge,
    services or products, or referral to services or products or other information I need or want.

    Build a list after you are very, very knowledgeable in a subject that others are interested in.

    Anyway, OP, keep studying as much free information as you can. $250 ain't a lot in terms
    of investing in a venture, or getting effective coaching.

    Save the $250. Don't quit your day job.

    Don't limit yourself to 3d logos. Sell related things such as regular logos, print design, business card design... Keep selling the same way you sold the 3D logo until you repeat enough times to know you have a stream of income and effective pricing. Then go deeper into your markets and the way you serve them, and the medias (print, online, offline, video, TV, Radio, direct mail - however) you use to serve them.

    There are so many ways you can help yourself or others via marketing.

    As mentioned by another Warrior in another thread, make sure you are operating ethically and legally when dealing with intellectual property rights.
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  • Profile picture of the author Jackson Tan
    1) Save the money
    2) Find more clients
    3) Earn more $250
    4) Reach 10 successful ROI
    5) Create a short note or book or video on how did you did it.
    6) Sell it or package as a freebie and build a list
    7) Use your initial profit to build a list
    8) Start promoting CPA, affiliate offers, etc

    Good luck!
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  • Profile picture of the author ChrisNosal
    Banned
    Figure out the core money making asset and what you did, and use that $250 to invest in courses and programs that are going to help you enhance your core abilities in that key core moneymaking area. This way you'll develop the skills to keep growing whatever you're doing, and be able to triple or even quadruple your daily income.
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  • Profile picture of the author derekwong28
    http://www.warriorforum.com/off-topi...-bar-none.html

    This thread has been voted to be the worst thread ever on WF.
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  • Profile picture of the author tm124
    I would say invest the money into outsourcing someone to find new customers as 25X your money in 48 hours is very good.
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    • Profile picture of the author OmerFaruk
      Nice good job. I mean fiverr is the best place for work sale.
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    • Profile picture of the author skylang
      Originally Posted by tm124 View Post

      I would say invest the money into outsourcing someone to find new customers as 25X your money in 48 hours is very good.
      How do you outsource finding new customers?
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  • Profile picture of the author ideasman
    It is highly probable that you wont be able to consistently achieve the same margin. That said there is every chance that you could do it again and still make a reasonable profit. That is totally fine, you don't need to make a huge margin every time, just a magin.

    If you can achieve it rinse and repeat. Consider options for outsourcing some of the sales process or finding the buyers with needs.

    Over time look at diversity and picking up some good coaching is a great idea to give you a jump start.

    Enjoy the success but don't get lost in it. Bank some, reinvest some, treat yourself with some and invest in something new.

    Go for it!
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  • Profile picture of the author fernelis2009
    Create a facebook ads offering 3D logo intro services at the price you want, once you get custumer go to fiverr and do the same thing you did.
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  • Profile picture of the author World Leads
    Congratulations on your first $250!

    I would personally recommend you to join a CPA Network and start CPA Marketing. You can get started in Dating or Mobile with $250 and a little bit of help and reading on these forums.

    Do your research first and once you have a solid knowledge about CPA marketing ask an account manager at the Network to help you out and make your campaigns profitable.

    Here at World Leads we do really help our affiliates to succeed!
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  • Profile picture of the author n3o
    thats a good way to leverage it ... most difficult is to find customer
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  • Profile picture of the author zdebx
    Missed this thread for some reason....

    WOW, I mean re-selling a $10 gig for $260? That is some serious profit going on there

    However, I've got a feeling this is more of a random fluke, but if you can find people on regular basis who are willing to pay what you're charging, then by all means go for it!

    The first of rule of business is being a good middleman and judging by your results, you are on the right track.
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  • Profile picture of the author simonmks
    Hello Gabriel,
    Congrats on your sale!
    online you can really gain a lot just allows choosing the one that suits you!
    There are a hundred different things you can do.
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  • Profile picture of the author Christian Swift
    Hi bgabriel,

    It all depends on what you want to do in your business really, because everybody on this forum could tell you thousands of different ways to reinvest that money, and you would still have to pick one of them!

    The fact is that if your strategy is working, then maybe it is best to just continue that for a while, so that you can research and properly look into what you want to do next?

    Just bear in mind that a common key to success online (in many different types of online business) lies in developing a highly-responsive email list.

    Just be sure that you bear that in mind in your plans.

    Christian
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  • Profile picture of the author gitsoms
    I think you should use these funds as start up capital for your own online business and treat it exactly as such. If you adopt this mindset and discipline, them your approach would be that you have just started your own online business with $250

    Now you have to give your online business the attention and resources it needs to thrive, which means you have to resolve in your mind that you will take the time to find a niche you love or have experience in, invest in the proper training to build and host your website/s and learn about mastering the disciplines of keywords, rankings, content, and quality conversion traffic. If you are in this for the quick buck, you wont last, but if you want to make this a profitable venture, it will require your time, dedication, and resources, which will definitely lead to a highly profitable business.

    The last thing I wanted to mention was that you are fortunate to earn so much ROI in such a short time in the online business market so capitalize on this blessing and work it!
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  • Profile picture of the author SandraGenJobs
    Hustling all the way, good job! I think it's totally possible to make a ''business'' out of it!
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  • Profile picture of the author jinxslave
    congrats.....keep doing that.Keep doing the same thing i.e. finding problems of other people and solving it.
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  • Profile picture of the author rhinocl
    There were some WSOs about 4 years ago on how to buy services like that at a low price and resell them for more. Since you have done that once, I would search the old WSO threads and contact the authors to see if you can get copies of the old WSOs. Seems like the best use for the money.
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  • Profile picture of the author johnsams364
    Congratulation. According to me, should buy a domian & hosting, of you really wants to work in the IM section. After buying the Domain & hosting, you can start writing then so some SEO to increase your site traffic. Then you will be able to earn a long time & good amount of money. Thanks
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    • Profile picture of the author BigFrank
      Banned
      Originally Posted by johnsams364 View Post

      Congratulation. According to me, should buy a domian & hosting, of you really wants to work in the IM section. After buying the Domain & hosting, you can start writing then so some SEO to increase your site traffic. Then you will be able to earn a long time & good amount of money. Thanks
      Yep. Another fool-proof, guaranteed path to financial independence. lol

      And the hits keep coming.

      Cheers. - Frank
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