Yes ! I have $20,000. What can do with that ?

45 replies
Hello !

I am a player of MLM / Network marketing. I earned a lot of money from MLM. Now I have $20k, I need any Business idea to start, I prefer No-Risk and Longterm business plan.

Thanks.
#$20
  • Profile picture of the author Diice
    Originally Posted by SutharsanY View Post

    Hello !

    I am a player of MLM / Network marketing. I earned a lot of money from MLM. Now I have $20k, I need any Business idea to start, I prefer No-Risk and Longterm business plan.

    Thanks.
    I dont think there is any such thing as a "No-Risk" business, not for making real amounts of money anyway. Making a quality product and building a list from it would be a good idea. Give the product away for free, and buy Solo ads, with $20k capital you could have thousands of subs in no time.

    Which if marketed to correctly is thousands of dollars per month.

    -Michael
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  • Profile picture of the author RonLeroy
    Buy silver - almost no risk, wait for price rise.
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    • Profile picture of the author kamlesh23
      Originally Posted by RonLeroy View Post

      Buy silver - almost no risk, wait for price rise.
      There is a possibility of price going down though its one in 100 still there is risk involved.

      How about starting some online business?
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      • Profile picture of the author simranjeet singh
        No pain, no gain. You have to take some risks to make big money. Big risks make Big profits sometimes.
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    • Profile picture of the author kenwarrior
      Originally Posted by RonLeroy View Post

      Buy silver - almost no risk, wait for price rise.
      Good plan but silver and gold are both down at the moment, silver is $31.23 today, where is the bottom!
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  • Profile picture of the author PathShawN
    write an e-book explaining all what you did to reach 20k then sell it in the wso section!
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    is not the tool you use, is how you use it!
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  • Profile picture of the author Alphy3000
    Make a info-product about how you made 20k in MLM, there is hardly any risk at that. Invest some of your 20k in buying traffic to build a list of interested MLM people, (if you know how to buy traffic that is)... and get some JVs.

    And sell the info product to that list.
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    • Profile picture of the author WebPen
      Originally Posted by Alphy3000 View Post

      Make a info-product about how you made 20k in MLM, there is hardly any risk at that. Invest some of your 20k in buying traffic to build a list of interested MLM people, (if you know how to buy traffic that is)... and get some JVs.

      And sell the info product to that list.
      I would agree with this one.

      There are tens of thousands- probably more- people doing the MLM thing. Most people never make a DIME- despite going to all the rallies, training, whatever.

      Why not use your experience to train those people? Use a few K to hold a training seminar, hire a videographer, record it, and then sell the recording as a product.
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      • Profile picture of the author Alphy3000
        Originally Posted by Justin Stowe View Post

        I would agree with this one.

        There are tens of thousands- probably more- people doing the MLM thing. Most people never make a DIME- despite going to all the rallies, training, whatever.

        Why not use your experience to train those people? Use a few K to hold a training seminar, hire a videographer, record it, and then sell the recording as a product.

        Exactly bro!
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    • Profile picture of the author BlisteringROI
      Originally Posted by Alphy3000 View Post

      Make a info-product about how you made 20k in MLM, there is hardly any risk at that. Invest some of your 20k in buying traffic to build a list of interested MLM people, (if you know how to buy traffic that is)... and get some JVs.

      And sell the info product to that list.
      Sweet job on earning that in MLM. I'm with this also, teach what you've learned. There are a lot of people who have struggled with MLM. Take your system and put it in a replicatable format so others can benefit from your success!
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  • Profile picture of the author Steven Miranda
    Quit looking for "no risk". Nothing worth having in life usually comes without risk. Sometimes you just have to jump in the deep end...of course make sure you have a life raft nearby.
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    • Profile picture of the author Zen Warrior
      Originally Posted by Steven Miranda View Post

      Quit looking for "no risk". Nothing worth having in life usually comes without risk. Sometimes you just have to jump in the deep end...of course make sure you have a life raft nearby.
      Nothing in "life' is certain or without risk....God is the only security there is....that being said, having a life raft is not a bad idea

      ~Mike
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  • Profile picture of the author Alex Kage
    Create a free product, build a list by giving away the free product, create a paid product, sell to the list, create a membership site for recurring revenue; with that kind of capital, starting an online business is easy. You could also try becoming a retailer.
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  • Originally Posted by SutharsanY View Post

    I prefer No-Risk and Longterm business plan.
    LOL you funny
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    Fraser Mackie
    Affiliate Manager
    Sellhealth.com

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  • Profile picture of the author James B
    Originally Posted by SutharsanY View Post

    Hello !

    I am a player of MLM / Network marketing. I earned a lot of money from MLM. Now I have $20k, I need any Business idea to start, I prefer No-Risk and Longterm business plan.

    Thanks.
    Take that $20k to learn how to trade stocks. Have a strategy, like you did with your MLM business. Or you can put that money work to your current mlm business to inspire your downline.

    Example: If you hit "xyz level" I`ll buy you a versace tie.

    As for the stock thing goes, you need to learn how to read the basics before you run.

    Example: What does EPS mean on the chart? Earning per share

    I hope this gives you sense of heading the right direction..even though this is a internet marketing forum.. lol.
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  • Profile picture of the author NoviIM
    I would suggest investing into building "authority" type sites, with 100's of pages, ranking for 100's of keywords. This type of business model has longevity as opposed to building small Micro 5-10 page sites, which were massacred by the panda updates
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  • Profile picture of the author Alphy3000
    I DO think a no risk long term business is possible, take for example an info product, what risk is there involved in creating and launching an info business?

    Seriously, none of the risks come to my mind, you lose nothing except some of your time & energy creating and marketing it.
    You can even get Free traffic as opposed to Paid traffic to make it totally RISK FREE.

    And besides, if you jump in it, you'll be way further than most BECAUSE... YOU HAVE ACTUALLY MADE MONEY WITH WHAT YOU'RE TEACHING!!

    Most people in info businesses didnt make any money before teaching, including a lot of big guru's you see out there. YOU, my friend, have an ASSET, that is your experience, you have PROOF, this way you'll get higher conversions on your salesstuff. and you speak from experience etc.

    Take your ASSET (your experience of actually making money in MLM), INVEST your 20K in MARKETING.. and go teach people stuff.

    Good luck man,

    Cheers

    - Alphy
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  • Profile picture of the author Backlink Tycoon
    Make a marketplace where people can sell their websites, with Flippa rise in fees any other site looking to get into that market will have an advantage.

    It's about time someone gave them real competition

    BUT, you have to make sure its a real good solid site and promote it heavily.
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  • Profile picture of the author Ronak Shah
    I will tell you that you need to know things that will make you money.

    It's not ideas. It's about execution. You need to be clear of what you want.
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  • Profile picture of the author World Marketing
    20K from MLM...WOW thats great!
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    I make $5,000+ a month online [CLICK HERE] to see how you can do the same starting today!

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  • Profile picture of the author PowerEdge
    Use this money for ONE THING and ONE THING ONLY:
    Getting other people to make the money for you- so you don't have to!


    A few ways people are already doing that:

    1. Ebooks On Affiliate Networks- JVAlert/Clickbank/Whoever the heck else does that...
    This could be by creating your own product and getting affiliates (the affiliates would sell it for you, therefore going around and doing the grunt work for you, thus getting you a cut of their work) Enough affiliates and enough sales = recurring income for you, without having to constantly work, work, work. In this case, you create something once, and it gives back in multiples... with a few tweaks here and there, obviously, for maintenance purposes.

    Since you PRESUMABLY know how to market, you can create an affiliate marketing program for these affiliates to give them a jump start. Write up a few emails they can shoot off to their list automatically. Give a couple articles. Create some banners, and whatever else would be relevant to the promotion of that product.

    Create up-sells as well, such that they are even higher end than the product, perhaps; which in turn gets you more per sale, and also is attractive to affiliates who also want more per sale.

    2. Outsourced Services Management-- This one is more hands on, obviously, as it will be in the beginning, and requires a lot more attention and effort from your end. But in essence, you will be creating a service business, that is outsourced.

    This means you will be finding a team who can do a certain task; you can pick many, or a few... depending on how much you want to offer. You know there are people who need content (articles, PR releases, books). You know there are people who need sales copy (ads, sales pages, video ads, offline/print ads etc...). You know there are people who need programming (games, plugins, website building, whatnot else). You know there are people who need graphic design (sales pages, ads, videos, whatnot else).

    You know there are people who simply need a way to learn something (information ebooks, courses, video tutorials), in a certain niche.

    You know there are people who need to be ranked (SEO, backlinks, beating competition and whatnot else).

    It goes on and on, and doesn't specifically harness just the internet marketing group. In essence, if you can offer a service, whether that is through a team of people who offer live chat support for something in a niche, for an hourly fee or monthly membership fee.

    Whether that is through a group of people who offer content writing services...

    Or groups of people who bring offline businesses on-line (this team would be localized, obviously, and wouldn't be quite as outsourced any more...)

    But you'd have to build that team, and know they can do the work; get them functioning on a level where they can build the profits on their own, get a manager to take over; and voila a business running itself. This one is a lot more work, because the service based area definitely comes with the "risks" of picky consumers; but that just really depends on how you offer what you offer, and how well you can guarantee that to the majority.

    You can always just check out a competitors Facebook page, and see the live feedback people are giving therein.... I have seen many Facebook pages where the buyers are asking questions, are suggesting improvements, or are simply saying it is working for them, and whatnot else. So there is a lot of information you could see just from a Facebook page, or Amazon reviews... or any mainstream website that has pages for a specific product...on what the consumers want, and how they want it...and what works, and what doesn't.

    Keep in mind the amount of information that is needed in this day and age, is tremendous. The amount of books flying out each year is in the millions; whereas it was in the thousands not even that many years ago.

    Thus, people are craving information. That could be a good venture for you (providing content, information... getting a team together who can offer it)... because your buyers will be recurring, and you will have a large base therein.

    3. Live Coaching Programs Do Donald Trump or Robert Kiyosaki even show up to their own seminars? HELL NO!

    LOL. They get other minions to do the dirty work for them. In any city that there is a seminar for either of their money making programs, they have others running the program, promoting it, explaining it...and offering new content to it as well.

    If you want to invest in something else, you could create a program; as others have suggested for making money (target the work at home crowd, or even businesses who want to move into the online industry (offline to online conversion); and basically get others to run the seminar; and charge a fee that brings back a good return of investment.

    You could do the same in pickup/dating; or other niches as well (lose weight - depending on what kind of team you can assemble). These seminars can be VERY lucrative. Just ask Tony Robbins, who at this point can charge $10,000 per person, per seminar; due to his self branding.

    This would be an investment, with the risk only being how well or how poorly you can assemble a team to accomplish something like this.

    In most of these things, the real risks seem to actually lie in your ability to assemble together a team who can work for you, manage without you having to be there, and grow your business further.

    This is REAL business, and this is what investors really invest in.

    That gold people are throwing money at, did not just increase in value, without the work of other people underneath it all. The same goes for any other kinds of business investments people make; whether it's shares in Facebook/Microsoft whoever the heck else; or it's taking a % from profits earned from a startup fee/investment fee initially allowed to someone, whether it's a Joint Venture.

    ================================================== ================

    On a final note, I am somewhat shocked that you say you have $20,000 kicking around; yet you have no idea where to invest it; or how to get a good return of investment on that amount of money?

    I think, then, that perhaps you should take maybe $100 of it, YES, a smaller amount; and see if you can get $500 back from that number alone. Keep bringing the number up, using the same method, till you reach your cap (the method, will probably end up having a cap... which will show you how much one thing, on it's own can get you- remembering that marketing is an aspect of a great multitude of things combined).

    Do the same for other methods, now you can see different areas where this money can go... it can go many places; if you want to build a list, lists cost money depending on the size, and to run.

    If you want to build a dedicated server, the costs of running and equipment are up there; maybe even more than what you have.

    It just depends on what you actually want to do, what could work for you; and moreover, whether or not you can even make it work and grow to begin with.

    That return of investment, as mentioned, and risk, is ultimately lying on you; not on any other method. Low risk, is dependant on how lazy you are, and what you are actually willing to do in whatever was invested in.

    Personally setting it up the right way, can definitely have a huge hold on that outcome; versus investing in something assuming it was already set up.

    P.S.
    4. JOINT VENTURES (JV'S)4. A JV may be another way to invest... because those people need the money to build it, but will do the work... but you have to carefully watch their product, marketing campaign and other things to ensure it will even work to begin with.

    I have seen lots of products which are actually the work of two people; and they seem to function very well. Barter Arbitrage (Vegas Vince & Sylvia Meier) is an example of something from this very forum. So is Bring The Fresh (Kelly Felix (The Rich Jerks Copywriter?), Mike Long (and I think someone else too)... just off hand for this specific forum, and members working together from this forum. You can google the products, and see what I am talking about.

    These ventures, can prove to be very profitable, even if one person knows less than the other in a certain area; the point is that the other person can bring a fresh perspective, and can make up for areas where you may lack (maybe in abilities to create a website, or get a team together to do such... while the other person can write copy).

    These ventures, also take some of the weight off of you; BUT, the risk lies in your ability to trust your partner, and not get ripped off either. That would require a few things then, to try and rule out such a bad circumstance... such as maybe working together on something smaller; or building a relationship, or maybe working with someone whom you've already worked with before and know their capabilities.

    I am not entirely sure of this, maybe you could ask others, as I have not personally done a venture; I have only seen them in progress, and read about them, and watched the results of the final product being marketed.

    BUT, it is still an option for investment...and one that I have seen, when done right, can really turn over a handsome/pretty profit.
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  • Profile picture of the author Intrepreneur
    Buy a business.. but make sure it's a worthy purchase.
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    Owner easiery.com

    Started in 2009 now working on the above project.

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  • Profile picture of the author SandyWF
    no risk business...the oxymoron of the day! any business you go into will have some sort of risk.
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  • Profile picture of the author MikeTucker
    Silver or Bitcoins.
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  • Profile picture of the author nicholasb
    become an MLM consultant, and sell a high end consulting service, setup a sweet conversion system and use the money to buy ads.
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    • Profile picture of the author theory expert
      Banned
      Originally Posted by nicholasb View Post

      become an MLM consultant, and sell a high end consulting service, setup a sweet conversion system and use the money to buy ads.
      THIS^^^^^^^^^^^
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  • Profile picture of the author IMHunter
    There are many things that you could do with that money. Don't blow all your money in everything. First research about something that you really wanna do then start investing in that thing and keep testing.
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  • Profile picture of the author macker2298
    not much out there at no risk..but investing into the commodities market is relatively low risk
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  • Profile picture of the author srh41
    I would stick to what your good at, find another MLM or invest in stocks!
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    Strike where their is lots of Competition!!!!.....If you don't........... it's like opening a business in the country.....
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  • Profile picture of the author srh41
    I wish I had $20,000 that I needed help to know what to do with......
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    Strike where their is lots of Competition!!!!.....If you don't........... it's like opening a business in the country.....
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  • Profile picture of the author John Romaine
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    BS free SEO services, training and advice - SEO Point

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    • Profile picture of the author James B
      Originally Posted by John Romaine View Post

      Yes. Gambling is the way to go! loll.
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  • Profile picture of the author bnicoletti82
    A CD Ladder would be pretty profitable if you are patient.
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  • Profile picture of the author Randall Magwood
    Put the $20k in the bank, start a blog (from Blogger), throw adsense and affiliate products on it, and get traffic and start making money.
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  • Profile picture of the author jolarry
    you can buy a business up, and develop his market with a better seo.
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  • Profile picture of the author NXmarketeer
    Originally Posted by SutharsanY View Post

    Hello !

    I am a player of MLM / Network marketing. I earned a lot of money from MLM. Now I have $20k, I need any Business idea to start, I prefer No-Risk and Longterm business plan.

    Thanks.
    nothing is "no-risk" in this cruel world... and online makes it even worse i think!

    with 20k i would invest in a proven website with steady income. or invest in apple stock! dunno!
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  • Profile picture of the author Sornie Samante
    If it's Worth The Reward, It's Worth The Risk!
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  • Profile picture of the author magiccashlady
    I agree with creating your own products and selling it and then creating a membership site for residual income. You are the only one who can tell your story. Even though I make a really, really good living online. Nothing is easy and you can use your money on coaching really quickly, I did and still do. Which will require you to learn all the skills you need to stay at the top. Info Products are hot right now and blogs with good content. There is time risk so know that whatever you do you are going to have a little risk but with a plan/system your risk is minimized and you are better prepared.
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  • Profile picture of the author RyanLewis
    I would build a small stable of websites in small niche areas. Monetize through adsense and maybe amazon. Outsource everything. I would not invest the whole amount. Maybe $5k
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    Your own sites and ads only, please

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  • Profile picture of the author SeoKnightsInc
    Give them to me and i will keep them safe and return you at the rate you want (only when you can find me LOL
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  • I have $20k, I need any Business idea to start, I prefer No-Risk and Longterm business plan.
    I wonder why non-sense threads like this one don't get nuked immediately. This thread cannot be possibly serious...
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  • Profile picture of the author JeremiahSay
    Buy commodities like silver, gold, oil etc.. I'm sure they are a pretty good investment now..

    Otherwise, invest on your education, if not save your money in the bank..
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  • Profile picture of the author mrinternational
    Who would make more than 20k, save 20k and then ask what to do with the money.

    If you already have a method that makes thousands why not keep doing it over and over or scale it up.

    The minimum you could do is buy a war room membership if you have 20k should be a drop in the bucket. Plenty of good stuff inside.
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  • Profile picture of the author PowerEdge
    When the OP said No risk, they weren't kidding... because they literally aren't even responding. LOL
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