What I would do if I had $390 to start my internet marketing business

Hi all.
I am glad to be a part of this great community. I have been trying my hands on various things online since Jan. 2009 and I have never really succeeded. I still maintain a 9-5 job which i hate because the pay hardly takes me and my family for 2 weeks.

I love any business model where one will work hard once and gain passive income. Since reading through the forum and joining lists, these are the products I feel I need to secure and start a solid online business with about $390.

I feel this can help any newbie who has this amount. The only skills I can exchange now for cash online is installing wordpress, themes, plugins and proper on page seo. I cannot write articles or do link building etc because I don't have enough time due to my job.

Things I will buy with $390
1. Market samurai- $149 ( All kinds of research)
2. Hostgator hosting-$100 ( excellent hosting)
3. Fund namecheap-$30 (to get at least three .com domains)
4. Get thesis wordpress theme-$87 ( can give me any wordpress design i need).
5. Get aweber autoresponder account-$19 first month.

Steps I will take
1. I will go with the hot markets like weightloss, hobby or health problems

2. I will type my root keyword in google tool and get two to three-word keywords, then return them each time until I get all lots of long tail keywords in that market.

3. I will import my keywords into market samurai to get atleast 100 searches per day and 100,000 competing pages using exact match within minutes.

4. I will use market samurai to further get the buying keywords within this criteria using the commercial intention module of market samurai.

5. I will select the best 3 keywords.

6. I will use google wonder wheel to get related keywords for the best 3 keywords. I will now select the one that has the most related keywords

7. I will go and buy the .com, .net or .org version of the exact keyword

8. I will go to my hosting and install wordpress

9. I will install the thesis theme and create the necessary pages, contact, privacy, about, terms.

10. I will use the monetize section of market samurai to get a membership site from clickbank related to my keyword if any. Market samurai will help me select a clickbank product of gravity of at-least 20.

11.I will search online for actual users of the product to know their experiences so that I can write a nearly personal review.

12. I will use the content part of samurai to gather content based on my keyword from wikipedia and other sources, depending on how recent they are.

13. I will compile at least 10 articles from these sources with powerful headlines and call to action on each---my cloaked affiliate link.

14. I will use the traffic part of samurai to get links from .gov, .edu sites and recent blog posts about my topic.

15. I will ping

16. I will convert my 10 articles to video, .pdf and slides and submit them to all the websites that accept them and to article directories.

17. I will put my autoresponder on every page of my site.

18. I will use market samurai to check my rankings.

Once the site starts to rank and starts bringing me some income, i will sell off the site and get t outsource some chunks.
I hope these can help. IM is a business and sshould be taken seriously. Without tools, you may be doing your business using trial and error.