What if you had 20K to invest?

I was just joking around. I wouldn't actually take your money when there are a thousand sites on flippa already made. I don't really do that kind of thing, I usually outsource my site creation. I focus more on product creation. You have a good point though, there are a lot of people on here who say that who probably can't deliver or they would already be doing it themselves. Good luck with whatever you find!

Got the same idea with Steveb...

I have gone thru all the websites on flippa (yes, all of them)...and haven't found anything yet.

I agree with the above... find something that people need and create products around it. Outsource if you have money to invest or don't know how to do it yourself.

With those products you can then start building a list of buyers, which in the long run is where the money is...

I looked into realestate, but this is what I am looking at. I can buy a nice website for around 20K and make about 1000/month. I cannot buy a realestate property for 20K and still make 1000/month. ROI is better here.

If you come accross any good ones then let me know :-)

I already have 40+ mobile apps. Anything else? :-)

....but outsource what? that is the question

Like what?

Oh yes. Lot of sites on flippa are scams.

To be perfectly honest I would probably take about $800, someone Else's product (that I support) and mail it to someone Else's list. Take the profits from that and do it all over again next week/month depending on how much I wanted to make. Depending on the product it might very well be a $3,500+ ROI.

I'd put the money in a savings account and spend a year really growing into the IM field before investing. The last thing you want to do is spend 20k just to drive a profitable site into the ground.

Yes, you are right. If I learn how to flip big name websites then that would be great.

Ditto.

But not really. See, I'd find a really good shovel (such as a Forex product that had a high commission payout) and then proceed to market that shovel (Forex course or tool) using paid advertising methods to the gold diggers who are daytrading and/or otherwise into Forex.

The commissions on some of those Forex products are really high . . .

And that probably wouldn't take anywhere near the full $20k. Probably wouldn't even take half.

It could take years to become authority site. It is easier to just buy one.

Could you elaborate please?

If I were starting over and wanted to short-cut about 10 years business building experience...and had 20K to invest in internet marketing....

I would:
Make a list of what I'm really good at, what intrigues me, my natural gifts, who I would like to work with, what my perfect day would be, how much money I want to make now and the next five years, my resources, assets, liabilities, time limitations, connections...

Hold on to 10k.

Get one of the following on the phone or in person for an intensive 2 hour consultation:

Chet Holmes
Rich Schefren
Jay Abraham

There are others whom could help quite a bit, but if you want someone to tell you how to turn 10k into x millions, these guys have done it countless times for many people.

Am I missing something here... your signature is telling people to "Become Their Own Boss" but you're telling a guy with $20k to go back to school to learn how to get a job?

The type of investment you do depends on what you want out of it. I am partnered with an investment fund and I am always looking for investments.

I look for the big score... minimal investment with the largest payout. You would think that means bigger risk, but it comes down to how you structure the deal.

For example, just invested $150k into a pre-paid debit card company, but the payout can easily be $50 million because of the crazy valuations these companies are getting.

But for smaller investments, just met with a company that has a patent on Apple products... its one of those ways to personalize your iPhone, etc... investment will only be $10k at a time and they need to hit certain numbers to get another $10k.

The investments are out there, really depends on what you want out of it. If you want to run the company yourself or if you want to run it with someone else, etc...

Either way, good luck... but there are always ways to make money even in a bad economy. All a bad economy does is make the distance between the rich and poor bigger and its harder for middle class to make more money.

The rich will always keep making money no matter what and take advantage of bad economies and the poor will always struggle to get by no matter what.

You don't need a lot of money though to do any investment, it's more in how you structure deals and what you can turn $1 into.

I thought I said I have 20K, not 20 mil :-)