23 {{ upvoteCount | shortNum }}
23 {{ upvoteCount | shortNum }}

I want to start a real small IM Business with a $500 budget!

by geeksimo
22 replies
I want to start a real small IM Business with 500$ budget ! I'm really confused, I need some help, I wanna build a long term online business !
I'm a web/mobile developer/designer, but don't want to do a coding job, because of bad experiences with clients.
I have a decent knowledge on IM but I don't know how to start.
All suggestions are welcome ^^
#500$ #budget #business #real #small #start
  • Profile picture of the author dkk06
    You'll want to collect your leads in an auto responder. What will you be promoting and where will you get your traffic?
    {{ DiscussionBoard.errors[11065165].message }}
  • Profile picture of the author agmccall
    You gotta love threads like this. Someone wants to spend $500.00 but can not give us more than 2 short sentences explaining anything about themselves, or what ideas they might have.

    Good Luck, you are going to need it

    al
    Signature

    "Opportunity is missed by most people because it is dressed in overalls and looks like work." Thomas Edison

    {{ DiscussionBoard.errors[11065167].message }}
    • Profile picture of the author DWolfe
      Originally Posted by agmccall View Post

      Good Luck, you are going to need it Exactly
      al
      Put $400.00 on the side and just start with less the $100.00..If not you will piss it away. Beware of the scammers that will help you blow the $500.00 Read this thread twice and let it sink. - http://www.warriorforum.com/main-int...years-ago.html

      It is going to take you time and a lot of effort !
      {{ DiscussionBoard.errors[11065214].message }}
  • Profile picture of the author Gambino
    Offer services.

    Outsource those services to reliable freelancers.

    Charge your customer more than you pay the freelancer.
    {{ DiscussionBoard.errors[11065231].message }}
  • Profile picture of the author aborsuk2
    Your going to want to learn how to build a website, get traffic, and convert the traffic to subscribers. your going to have to first start by deciding what niche you want to be in, the info you gave us implies that you haven't decided that yet.
    {{ DiscussionBoard.errors[11065234].message }}
  • Profile picture of the author mrvm1
    do you have any experience or are you a total online business newbie ?
    Signature

    theaffiliatepod.co.uk
    Less work More money More time

    {{ DiscussionBoard.errors[11065719].message }}
  • Profile picture of the author discrat
    Buy a slew of Lotto tickets
    {{ DiscussionBoard.errors[11065757].message }}
  • Profile picture of the author GordonJ
    Originally Posted by geeksimo View Post

    I want to start a real small IM Business with 500$ budget ! I'm really confused, I need some help, I wanna build a long term online business !
    All suggestions are welcome ^^
    I like the lottery tickets idea. However, only spend 401 on tickets, and 99 on my lottery report.

    Here is a real life recent case study.

    A guy bought my Automatic Product Vending report last week. He then got some plr. Set up a site, made a sale. His total out of pocket cash, including the report, was less than 100 bux.

    Now, if he had your budget, he would have 400 bux to TARGET some traffic to his simple one page website, could test a combo of Facebook and Google ads or solo emails, or even a JV with a list.

    500 ain't enough to start a business, but, it is enough to start making some money online if you keep it simple and sell what people want to buy.

    But still, lottery has faster, BIGGER potential, so you might want to go ALL IN on lottery (or cryptocurrency, HA!)

    GordonJ
    {{ DiscussionBoard.errors[11065763].message }}
  • Profile picture of the author youngestceo
    you didnt give enough information to help you with, you can either decide to go into affiliate marketing by building a review site for product launches or setup a viral blog with ads monetization.
    Signature

    Would You Like To Partner With Me On Product Launches? Then PM Me

    {{ DiscussionBoard.errors[11066014].message }}
  • Profile picture of the author jords16
    If you want to build long term business i suggest LIST BUILDING. create simple landing page and send traffic to it.. and do email marketing to make money while building your list.
    Signature
    [Drive REAL TRAFFIC to your website with SOLO ADS] Register Now! For FREE!
    {{ DiscussionBoard.errors[11066281].message }}
    • Profile picture of the author XsquareGroup
      If you would like to engage yourself in a real long term online business, I'm afraid $500 is far from being enough. There are far too many different components that you will need to put together to make up the business and this will cost way more than $500.

      These are your auto responder, blog, traffic... just to name a few.

      It's wiser to find out more about the different steps in the process of setting up your online business so that you can get the bigger picture of what it entails. This will enlighten you more on what I've mentioned above.

      Don't join with anyone who says that's it's possible for you to do it. They know it's not. If you do, you'll be on the losing side.
      Signature
      Here is exactly how to use Warrior Forum to generate hundreds of leads PER DAY for your blog.
      {{ DiscussionBoard.errors[11066633].message }}
      • Profile picture of the author quadagon
        Originally Posted by XsquareGroup View Post

        If you would like to engage yourself in a real long term online business, I'm afraid $500 is far from being enough. There are far too many different components that you will need to put together to make up the business and this will cost way more than $500.

        These are your auto responder, blog, traffic... just to name a few.

        It's wiser to find out more about the different steps in the process of setting up your online business so that you can get the bigger picture of what it entails. This will enlighten you more on what I've mentioned above.

        Don't join with anyone who says that's it's possible for you to do it. They know it's not. If you do, you'll be on the losing side.
        You do know your sales pages says this:

        Want My Proven Website & Sales Funnel For FREE?
        Signature
        I've got 99 problems but a niche ain't one
        {{ DiscussionBoard.errors[11066656].message }}
      • Profile picture of the author DWolfe
        Originally Posted by XsquareGroup View Post

        Don't join with anyone who says that's it's possible for you to do it. They know it's not. If you do, you'll be on the losing side.
        Can you prove that no one in the world has never shoe strung a online business with less the $500 ? Your saying no one has ever turned it into a full fledged business? So no one has created a book and sold it on Kindle spent less then $500.00? Then created a series of more books and made a business out of it ? You have proof they all spent more then $500.00 ? People who sacrificed countless hours never traded sweat equity for cash are all liars ? Care to show us the facts !
        {{ DiscussionBoard.errors[11067064].message }}
  • Profile picture of the author cynthiaSEL
    Originally Posted by geeksimo View Post

    I'm a web/mobile developer/designer
    You are your biggest asset! Keep your day job. Start saving more by cutting expenses. Start learning a little. As you do, figure out how you can begin practicing a little. Keep repeating the keep your day job part. Pay attention to how you can grow your own skills. If you're going to be in business, a good book to start with is an old classic by Dale Carnegie: How to Win Friends and Influence people.
    Signature
    http://howtolivebiggerdreams.com/ Risk! Apply expertise, serve people's needs. Get video skills...
    {{ DiscussionBoard.errors[11067072].message }}
    • Profile picture of the author greatdsa
      Your response resembles to the words of Robert Kiyosaki in Rich Dad Poor Dad. Have you read that book?
      {{ DiscussionBoard.errors[11071988].message }}
  • Profile picture of the author kc33
    You said you have decent IM knowledge.

    Become an affiliate of one of the top 10 offers in warriorplus. You know they will convert.

    Drive traffic to an opt-in page to collect leads.
    Redirect leads to the warriorplus offer

    Follow with the leads you collect. Educate them on how the offer will help them.
    Include the link back to the offer in your email follow ups.

    You can use the money you have to buy advertising.
    Test solo ads and even advertise in the Banner in the Warrior Forum.

    For free advertising use forum marketing in here.

    You have to take action before anything can happen.

    "A journey of a thousand miles begins with a single step"

    All the best to you
    Signature

    FREE Training: Learn How to Start an Online Business Even if You Don't Know What to Sell

    {{ DiscussionBoard.errors[11067188].message }}
    • Profile picture of the author jords16
      Originally Posted by kc33 View Post

      You said you have decent IM knowledge.

      Become an affiliate of one of the top 10 offers in warriorplus. You know they will convert.

      Drive traffic to an opt-in page to collect leads.
      Redirect leads to the warriorplus offer

      Follow with the leads you collect. Educate them on how the offer will help them.
      Include the link back to the offer in your email follow ups.

      You can use the money you have to buy advertising.
      Test solo ads and even advertise in the Banner in the Warrior Forum.

      For free advertising use forum marketing in here.

      You have to take action before anything can happen.

      "A journey of a thousand miles begins with a single step"

      All the best to you
      I totally agreed with you, because email list is the biggest asset of online marketer.
      the bigger list you have the bigger income you will get,
      so invest traffic to your landing page.

      But i only recommend buying solo ads from udimi because it is the safest place to buy traffic from..
      Signature
      [Drive REAL TRAFFIC to your website with SOLO ADS] Register Now! For FREE!
      {{ DiscussionBoard.errors[11071792].message }}
      • Profile picture of the author Brad Jon
        Yes, Udimi is a good place to purchase solo ads. Sellers are protected by the rules there unlike other places such as Facebook solo ad groups.
        {{ DiscussionBoard.errors[11071995].message }}
  • Profile picture of the author Brad Jon
    In my opinion, you have to invest more to earn more. You can learn a lot with $500.
    {{ DiscussionBoard.errors[11071676].message }}
  • Profile picture of the author celente
    my first business i got $3000 worth of exposure for free, by writing in a local newspaper, article / ads / advertorial.

    So try that first, .... otherwise do solo ads, or PPC.

    There are lots of ways to get exposure on limited budget though, just so you know. Just gotta be creative.
    Signature
    Create a $5000 USD a month Business. 1-on-1 Coaching. By 6 figure marketer! - CLICK HERE
    {{ DiscussionBoard.errors[11075782].message }}
  • Profile picture of the author brookeharper08
    There are tons of resources online that can help you on this. It would also be great if you can provide us more information as to what kind of setup you're going for. Are you going to be a one-man-team or are you going to hire a bunch of remote workers to get the job done for you?

    $500 isn't much if you want to start an IM business. I suggest you take it slow by building your portfolio through taking clients. You did mention you had a slew of unfortunate incidents with client, but not all of them are the same. Choose wisely. Communicate what your terms. Be on the lookout for shady ones.
    {{ DiscussionBoard.errors[11075797].message }}

Trending Topics