If you had 200K, what would you do ?

28 replies
Hi All

If you have 200,000 USD to invest and setup your Internet Marketing business what would you do with it ? What markets / niches would you go into ? What would you use it on ? How would you invest it ? what split would you give to product creation, PPC, mentoring and marketing etc ?

Id be interested to hear all thoughts please.
#200k
  • Profile picture of the author Networkology.com
    I'd probably spend some of it to get a proven expert to decide that for me
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  • Profile picture of the author marklyford
    who would you choose to do that ?
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    • Profile picture of the author Networkology.com
      Originally Posted by marklyford View Post

      who would you choose to do that ?
      Off the top of my head I'm not sure. It would need a little research into the most profitable niches and then the experts within it.
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  • Profile picture of the author jasondinner
    If I had $200K, I'd throw it in EVERY mortgage brokers' face that
    wouldn't give me a mortgage because I don't report enough income,
    although I make more than plenty of money to cover the monthly nut.

    You asked!!!!
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  • Profile picture of the author Mike Hersh
    I would put 170,000 back in the safe and use the rest to launch a few new products in the most famous niches like make money online, fat loss, etc....

    After creating those products I would spend another 10,000 or so on the promotions and all.

    What I mean to say by that is that you don't need to risk all your money in one investment, one powerful product can make you X amount of money and than invest that money again and again.

    Good luck.

    Mike G Hersh
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  • Profile picture of the author Buildingfutures
    With 200k, I'd commission 100 guys to make ebooks, scripts, etc, up to the point of spending 3-6k.

    Then using another 5k I'd have professional sites set up with all the best flash, graphics, etc.

    I would sell the scripts on this site, offer other incentives and such there.

    With the ebooks I would create a short sales page for each, then use 7-10k for adwords and other promotions.

    Promote all my new products and sites to various lists and JV partners and offer a slice of the profits to them for promoting me.

    Essentially, I'd take that 200k and make it multiply for me, again and again.
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  • Profile picture of the author JasonKing
    I'd buy a portfolio of sites in the same niche and optimize their marketing.
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  • Profile picture of the author TiAndrine
    Great question!

    I'd form a small mastermind group bringing together people who absolutely love what they do. If I was not already doing what I love to do my first focus with this mm-group would be to identify what that is for myself. With that desire clearly established for me personally I would then implement this mastermind group to assist others likewise.

    Funny, it seems like I haven't even spent the money yet! So the cash would simply be added to the power of the mastermind. Doing so in a way as to "walk the road that I would be wanting to inspire others to walk." It seems there is a caution involved with this. I would be careful to use my $200k in a way that helped my target market to identify with me, rather than see me as different from them.
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  • Profile picture of the author EmailMarketing101
    Set a ppc that would blow the socks off of others.
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  • Profile picture of the author TheMagicShow
    You don't need that much money to have success with your online business. I'd save 190-195ks of that 200ks, find a mentor that can teach you the ropes of the IM business, and then take action and make some good money.
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  • Profile picture of the author lakshaybehl
    Find some expert off this forum who makes almost half of that much in a year... Pledge it all to them upfront and let work with it.

    -Lakshay
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  • Profile picture of the author winebuddy
    If you gave me that much - I'd put it all in the bank and keep doing what I'm doing...

    Well - maybe not. I'd probably spend a couple of thousand on hiring people for some SEO work for my 5 sites.

    That would double my revenue and I'd go on a cruise and think up some more niches to dominate...
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  • Profile picture of the author Oracle_320th
    First, I will take $30,000
    - $10,000 to pay Jay Abraham for 30-minutes phone consultation
    - $10,000 to pay Rich Schrefren for 30-minutes phone consultation
    - $10,000 to pay Yanik Silver for 30-minutes phone consultation

    I will say: "Hi, I will make this business becomes hundreds of millions dollars of business. I need advisors' team. In return I will give 30% company ownership to one of them. I assume not all of them will agree.

    I will buy 10 PLR products, and allocate $1000 PPC campaign to each of those products. Statistically speaking, only 1 out of 9 businesses that we build that will be profitable.

    It can give me rough measure which niche that is in demand.

    Then I will go to marketingtips.com. They have one of the best online marketing team ever. I will pay $20,000 for them to do niche research, USP positioning, website planning, and content creation.

    Then I will pay another $5,000 for SEO optimization and link building.

    Total so far: $66,000

    We still have $134,000

    Then I will decide whether we would go for information product or tangible product. In case we choose information product, I will hire decent writer to write information product for me.

    In case, I choose tangible product, I will go to China, they can make all you want to make.

    The budget that I allocate for product creation including back-end product $10,000.

    I might promote several affiliate programs as additional sources of income.

    Then I will go to marketingexperts.com and hire copywriter to write sales letter for me. They have the best copywriter around.

    I also will hire them to create 10 days follow-up for email marketing.

    I will allocate $5,000 for copywriting and email marketing.

    Total $15,000

    Remaining budge: $119,000


    I will then hire writers to write press release and submit it to PR Web. I will allocate $5,000 for this process.

    I will place big ads at affiliate classroom magazine to hire affiliate marketer. $3,000

    I will allocate $15,000 to PPC campaign.

    And I will allocate $15,000 to offline advertising.

    total $38,000

    Remaining budget: $81,000

    Measure the process. Track the marketing campaign. Reinvest the profits. Keep it growing.

    Later, we will create the system to automate the process (operational, financial, and marketing)

    Hire vice-CEO, or chief-marketing from competitor to run my business. I will ask for report every week. We can use ready-made system such Sigma. We just need to customize it a little bit to apply it to our company.

    I will bribe $5,000 to 5 experts in this niche to talk about my product in Television or radio show.

    We will build the company into C corporation. Later we will choose either sell it through private placement or IPO.
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  • Profile picture of the author Steadyon
    I would give your self a budget of $10,000 max to get your business off the ground.

    You can start many internet businesses for less than $1,000 so you have 10 times that much.

    If you want to stay in the UK I would hunt around for some VERY CHEAP properties with good potential as prices are/have fallen and in ten years time you will either be wealthy from property or in the same sh*t as everyone else if things don't improve.

    I personally would look at using that money to get out of the UK because in 5 years time when things start picking up again (hopefully) EVERYONE will be paying FAR more taxes than they are currently paying to pay for all the bail-outs, some of which will be money wasted.

    So set up your internet business in such a way that it doesn't matter which country you live in.

    I would definitely not pay more than $5,000 on your internet education at this stage.

    It should go something like this:

    Spend $200, make $2,000.
    Then spend $500 and make another $5,000
    Then (maybe) spend $1000 and make $10,000
    Then (even more maybe) spend $2,000 and now you should aim to make $50,000 etc...

    Don't have the mentality that you need to HAVE something before you can DO something.
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  • I would invest $20,000 into a new internet business that involves video and multimedia online because everybody knows video is big online

    Also I would buy a a few properties and rent them out to double your
    money

    you see there is a lot you could do with $200,000

    But in the end its up to you what you decide to spend it on

    I wish you the best of luck
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  • Profile picture of the author texqas
    There's a lot you can do with 200K.

    I'd probably put some in savings and the rest to develop new products.
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  • Profile picture of the author Charles Butler
    For me it's real estate no question about it
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  • Profile picture of the author Charann Miller
    I'd put it all on the horses.

    No seriously I would invest the $185,000 in a high yielding interest account with the bank and use the rest to outsource lots of new products to grow my profits.
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  • Profile picture of the author Alex Sol
    I'd use $10k to create 3-5 killer info products.
    I'd use $100k or so to get killer sales letters for these products.
    $90k for advertising

    /thread

    Alex
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  • Profile picture of the author K. Rondo
    Renewable energy company.
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  • Profile picture of the author JustDean
    I would get the upgrade of carbon copy pro and bye the BiB adding M3 statues, rubbing shoulders with billionairs(you become thepeople who influence you) becomegolfing budies with guys like Mike Dillard, Brian F and Joey K mmmmmm
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  • Profile picture of the author tscott_87
    Just to be honest, if I had that much money, I would invest some in real estate. I would use 1k - 5k to have someone do everything for me - get someone to create a site on your own domain, get another person to SEO your page, get more people to promote your site... of course this is after you have done thorough research in a niche you know will return profits!
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    • Profile picture of the author scorpions84
      Easy...Very easy...

      I'll ask someone to do IM for me..If it fails, ask another person again. If it still fails, I'll t****t them upside down.lol
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  • Profile picture of the author digimix
    I could sit back and live on the interest my govornment would pay me in bonds. I could could live royally on just $36k per anum. Jamaica is probably the only country that has raised their interest rate inspite of this global economical depression. Fat cats in my country make all the money off the govornment sitting on thier money. I have heard of some making up to 18% per anum!!
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  • Profile picture of the author Peter Bashforth
    If I had $200k I would invest $10k in a little known forex robot and watch it work.
    And in one year it will be $1,000,000 Tax Free and $190k left to buy a fast car.
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  • Profile picture of the author digimix
    ...Oh I would also like to buy warrior forum
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  • Profile picture of the author MeTellYou
    Hi,
    I would flip some sites
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