Turning 50k to 700k in 1 year?

Hire a coach for 10k, Get VERY good at 1 skill and teach it in group coaching format for 5-12k (depending on value)

Create an automated webinar funnel, or video series explaining more about what you do. Then jump on the phone with them to close sale.

then teach and deliver the class over an 8 week period while helping on the phone. One group call a week for closer interactions.

Have leads constantly in your pipeline from paid traffic.

Don't let people make you believe it's impossible.

I believe that is very possible, you just need the right strategy in place to be able to pull something of this magnitude off...

For example my mentor generated 500k leads and $400,000/MO from Zero ad spend, to me this shows the true power behind having the right strategy in place!

I agree with the above comment as well, having a mentor is critical for your success, if you really want to make this happen then you need to learn from people that are already having success online.

The great thing is that with 50K you have room to test and tweak, and have enough money to get all the tools you will need as well!

I wish you the best of luck man!

There's possible and there's realistically possible. I don't think this is the latter especially as you say you need it asap.

If I could turn 50k into 700k in my first year, I would probably ditch my dream and spend the next year trying to turn 200,000k into 2.8M.

I worry for people who look to take the fast route. Things never seem to work out. BUT, you have a huge amount of money to invest so if you are smart and play your cards right, anything is possible I guess. Would love to hear how you go.

Joshua,

Here's the first thing to learn about starting a business...

If you have to ask someone else (especially people you don't know - and who don't know you) then whether it's possible, or not... YOU can't do it.

Most startup businesses fail in the first year. Even more of those fail in the second year if they stick it out until then. And just think about this - NONE of those businesses got started based on someone else's belief in the possibility.

To succeed, not only do YOU have to believe in it... YOU have to want it and be committed to making it happen.

You can do this in just 9 easy steps.

1) Go to a Roulette table.
2) Place $50K on black (or red, your choice really, but Wesley Snipes told me to always bet on black).
3) Win.
4) Place $100K on black or red.
5) Win.
6) Place $200K on black or red.
7) Win.
8) Place $400K on back or red.
9) Win.

Now you have $800K. Congratulations. You have exceeded your goals.

As the other serious people in this thread have noted, it is utterly unrealistic to expect you can get that kind of ROI, particularly in year number one.

Honestly, you should find another way to fund whatever this $700k dream is. IM is not going to do it. A bank is unlikely, but maybe an angel investor or VC will see the potential and get behind you if you have a realistic chance at success, some collateral and a willingness to share ownership.

Call Jay Abraham. He'll show you how to turn that 50k to 700k in 1 hour LOL.

While nothing is impossible, this falls under highly improbable.

But if you do find a way, make sure to make a WSO.

Interesting thoughts & ideas for turning 50K into 700K in a year, which looks almost impossible, but anyway! keep them coming.

Anything is possible, with hard work, there's no obstacle!

P.S. Telling the warrior forum world you have $50k to invest is asking to be scammed and robbed man.

1400% return in one year) is possible.
Generate sales for 650k is harder.

First you must learn very very well IM, test it with a small investment.

After that you must create your own products line!
My advice is diversificate and open sites in differents niches!

Don't forget about taxes. So if you use it for starting a business and generate income, you will need to make upwards of $1.2 -1.3mm net after expenses to walk with $700K depending where you live. If you invested it and only had to pay capital gains would lower it, but getting that type of return on an investment is probably as likely as winning the lotto. So over the next 2 years you need to average out to $50K+ net per month. Which is about $1700 per day. Everyday you fail to do this, you will need to add the underachieved amount back in and have some stronger days/months.

So now that you know what you are up against, how do you make it happen?

I pretty much preach one thing on this board and that's CPA lead generation combined with list building/buying.

With leads there is nothing to buy (no credit card required), all you need to do is get people to fill out a form, So conversion rates tend to be higher. I typically stick with leads that have a make, get or save money angle to them (but not 100% exclusively), because they tend to have mass appeal to the general public, so a high volume of prospects exists. There are many good leads that pay $20-$60 and more depending on the vertical, that work well on front-end campaigns.

I generate 100% of my traffic through email and simply because building list / buying data gives you an asset that you can market to over and over. I spend zero money, unless it creates the direct collection of email data. This allows me to build large cost effective mailing lists and in the end, every thing then comes down to how many messages do I need to send to break-even on my list acquisition costs, when should I promote a new offer and how aggressive can I get away with being, which all is achieved by closely watching your stats.

One plus with list generation lists is that you don't have to try and build a relationship with your lists, as it's really not going to make any significant difference in your conversions. So there's less work. You just send offers till they unsubscribe, which I'm sure most think is bad, but a good percentage will stick around for years.At the very beginning I do try and indoctrinate users with preframing the company as an authority on providing the best internet offers and do a couple static things in the message to add some professionalism.

The biggest downside for anyone just starting out is that most networks want around $1K per week to get weekly payouts, so till you can do that, you will have to be able to front all you expenses until you get paid. Also you want to sign up with many networks, so you can test offers between them and offers that are similar to find which really generate the most income. So this thins out how much you are generating between the networks and makes the $1K each harder. Once your rolling this becomes a non issue.

The key is rolling your profits back into sources that produce the best data and being able to manage the business effectively as you scale. Do that correctly and you could get to your goal much quicker. Of course this isn't for everyone and there's no guarantees, but everyone I know, that knows what they are doing does 6-7 figures.

Whilst theoretically possible using a profitable paid traffic method and a high margin sales funnel, only the very best of the best could manage to do what OP is asking.

Sure, maybe the guy in this thread claiming he is going to do $1mm in his first year is telling the truth. Maybe he isn't.

But for every person who can make $700K in one year in IM, there are thousands who have tried and failed.

Moderators... How long are you going to allow the value of WF to keep on sinking by not nuking the myriad of utterly absurd threads such as this one?

I though this was a business-orientated forum...

700k can change anyone's life, I am also subscribed to know how it is possible. I personally believe, here are a lot of warriors who are already making such amounts, just waiting to see ideas from these people.

Thank you