What would you do with $10,000 to invest?

When you say "Investment" was that a person/business investing in your business for a stake in shares, or was it an interest bearing type investment?

I would say save it for some paid advertising.

Easiest way to make money off those Niche sites, and also will surely return a profit in the long run. Unless if the money is just burning a hold in your pocket I would be happy to help you with it!

Zayne

I'd create an irreplaceably awesome membership website with some really cool software and features...

If I were you, I would buy 10 sites that are making +$100 per month on flippa. so I would be making $1k every month. and after 10 months, I would have got back what I invested and enjoy profit. but you should surely keep these sites making you +$100/month for 10 months. I don't think that is a hard thing as they are already making money.

Here's what I would do and am doing right now...

1) Pick 3 BIG niche markets and prepare to capture leads. Put a solid offer on the "check your email page" to make some money back so you can keep reinvesting the money to more advertising.

2) Look for a currently successful membership site in each niche. This could take a while to locate, people tend to inflated their numbers so you have to do your due diligence and investigate properly. Then make them an offer to purchase the business... Customers, leads, content ... everything.

10k = niche sites
10k = build an app or 2

Isn't that what he's talking about? Man, start adding more value to your answer instead of trying to increase post count...

Into a liquid savings account so that you can have 8 months worth of emergency funds in hand just in case you lose your job or something... at least this is what Suze Orman says.

Outsource your SEO for those niche sites using proven services on the warrior only forum, kick back and watch your traffic soar

With the $10,000, you can build 200 sites with EMD method + outsourcing backlink service. Hope you will get passive income $20,000 monthly.

I read your blog. Congrats on your investment.
Looking at your profit model, I would take another 5K and build even more niche sites, then use the remaining 5K to outsource the SEO.

Put it in a savings account and only take it out when you really know what you want to do. People here are only going to give you there own ideas/interests, figure out your own and work from there.

Can't say I can help you out with that, but if I had $10k, I'd save it until my current project becomes a success/failure. If it succeeds, I'd spend $5k-$10k on improving it and making it the most dominant competitor in the niche.

I would reinvest 10K it in an IRA (if you havent done so already)

I'd buy ad space or use the money to fund PPC campaign.

Make those niche sites better.

I would invest in building the perfect team around me, with clear goals in mind. Then I would achieve those goals, and reinvest the earnings into expanding the business and backend.

OR

I would create an awesome product, that was flawless, and get JV's and affiliates to promote it, and have an unstoppable sales funnel in place.

Keeping hold of that money could be a good idea. That way you have some money to fall back on for unforeseen expenses and have cash on tap to scale the sites/business that are making money.

If that isn't an issue then investing it in paid traffic would also be a good idea because you get lots of traffic very quickly and can progress your business at a quicker rate than purely using seo.

Also, Mike's idea of buying a membership website that is already making money is solid.

I would go to flippa and buy well established websites.

A friend of mine has hand written exactly 563 articles.

He consistently earns just shy of $3,000/month, simply through a combination of Google Adsense, Chitika, and Amazon.

Your story reminds me of my own, except, my story was a story of what NOT to do, at least when it comes to money and internet marketing. You see, I had the same exact amount of money to spend at one time. Looking back, I WISH I would have come to this forum to seek advice like you are doing....

I took $20,000....hard earned money as a Private in the U.S. Army, just after a year tour in Afghanistan just after 9/11.

As 19 year old, I took ALL that money and threw it into a penny stock.

Yep...a single penny stock.

Overnight, some insane news was released and my $20,000 investment turned into just shy of $100,000+, with just a fluctuation from .0001 to .0005-.0010 (I can't remember exactly...)

I watched it go all the way up....then, thinking it would go higher, I watched it go all the way down....

It was a stupid mistake that was a product of my immature and misguided youth. I equated this to "investing"....

Knowing what I know now, and having had the success I've had in writing content, yes, I'd diversify....but, I couldn't resist setting $5,000 aside, doing some HARDCORE research into keywords/products, and then outsourcing content creation....

I would rather save it until i know where and what to do of it. 10k is a big money. You have to think over and over on what to do of it in order not to waste that money in case problem comes.

x3xsolxdierx3x, that is an incredibly sad story! Always have to have an exit strategy!
10k Is a pretty solid amount. I would put it back until that "Aha" moment hits.

Depends if you all ready have a converting offer and converting traffic. If you have both spend the 10K on traffic.

From what I have seen from your website so far. You should invest all 20k in niche sites since it seems to be working out so well for you.

I'd like to say chuck the whole $20k into Niche sites as i genuinely think they are a big thing right now.

But the sensible side of me is saying save it just incase everything doesnt go to plan with the first $10k.

-Michael

I wouldn't mess with niche sites at all. I'd buy businesses that are already up and running and producing income.

In reading the OP, it seems you received a 20K investment from outside yourselves...is that right? If that's the case, I'd ignore any of the advice that assumes it's yours (401K for example...WTH?)

My guess is that anyone investing in your business from the outside is expecting a return on that investment. What you do with that money should be highly dependent on the agreement you have with your investor. What did you tell him/her you were going to spend the money on?

Reinvesting in your niche sites seems like the best strategy as that's working and profitable for you. I'd try to avoid investing that money in anything that's way outside of your current work or successful process.

I would run a MASSIVE list building campaign. I'm talking buying solos, PPC, Facebook Ads, Adwords, outsourcing forum posting, outsourcing videos, outsourcing social networking. All of that stuff and more - but on a HUGE scale.

You could also do a ton of media buys and even "old fashioned" newspaper advertising.

the stock market

This is a funny read, Why Every Great Website Costs $10,000

I would personally look into joint ventures with maybe a forex trader or something like that. also maybe purchase an already money earning site from flippa.

Spend 5k on direct mail, 5k on PPC .