36 {{ upvoteCount | shortNum }}
36 {{ upvoteCount | shortNum }}

HOW TO START WITH $320 !?

by Jacob Pionke
30 replies
Ok so i have saved up $320 to start an online business, well just earn money online. I know $320 is not a lot but am student. Now i have seen a lot of stuff and coaching programs and now its time to take action. I know that i will make it, but there is just so many things that could make money online. So far i have earned $11.90 using affiliate marketing so should i continue ? Please tell me what you think.

Also what would you do if you were just starting out and you had $320 ?
#$320 #start
  • Profile picture of the author spope91
    Everyone will answer this question differently. But personally, I'd do this:

    1. Market research. Decide the niche I want to be in, and the product I want to be in.
    2. Set up my hosting and purchase a domain name.
    3. Build a high-converting squeeze page - give away a great freebie.
    4. Set up an Autoresponder focused on value and relationship.
    5. I'd then spend the vast majority of the budget on Soloads. Initially starting small, and providing I was happy with the results. Wallop.

    I know this isn't the most in depth plan for you, but this is typically the approach I would take.

    Wait and see what others have to say, but at the end of the day, you need to do something you can enjoy, that suits your style.

    Hope this helps
    Signature
    What the mind can conceive, and believe, it can achieve.
    {{ DiscussionBoard.errors[6948229].message }}
    • Profile picture of the author Jacob Pionke
      Originally Posted by spope91 View Post

      Everyone will answer this question differently. But personally, I'd do this:

      1. Market research. Decide the niche I want to be in, and the product I want to be in.
      2. Set up my hosting and purchase a domain name.
      3. Build a high-converting squeeze page - give away a great freebie.
      4. Set up an Autoresponder focused on value and relationship.
      5. I'd then spend the vast majority of the budget on Soloads. Initially starting small, and providing I was happy with the results. Wallop.

      I know this isn't the most in depth plan for you, but this is typically the approach I would take.

      Wait and see what others have to say, but at the end of the day, you need to do something you can enjoy, that suits your style.

      Hope this helps
      Yeah i have spend over $400 so far for hosting, optimizepress etc. So i think am ready to begin and get all of my investment back and more And yeah am just finishing off a video, il try youtube first, but my question is "do solo ads still work ?". Just asking because iv heard that solo ads are slowly dying.

      But thank you
      {{ DiscussionBoard.errors[6948254].message }}
      • Profile picture of the author spope91
        Originally Posted by Jacob Pionke View Post

        Yeah i have spend over $400 so far for hosting, optimizepress etc. So i think am ready to begin and get all of my investment back and more And yeah am just finishing off a video, il try youtube first, but my question is "do solo ads still work ?". Just asking because iv heard that solo ads are slowly dying.

        But thank you
        It's good to hear you keep your ear to the ground.

        Youtube is a fantastic source of free traffic, put a lot of work into that. bare in mind you don't HAVE to spend money lol

        However, going on the basis that you want to spend this $300, I would personally pump it into Soloads. You'll hear a lot of mixed things about them, if you use someone that offers a poor service, you'll get poor results. And visa versa of course.

        When it comes to Soload marketing you need to work with people you can trust and rely upon for results. The guy I'm using at the moment is brilliant. PM me if you want me to link you to his website, or tell you what to search into Google.

        On the other hand though, what Alexa said is right. You don't' need to spend money on starting online. if you already have experience, focus on building a handful of websites and getting them ranked highly, with the option of paying for SEO services to speed up the process.

        The most important thing I want to put across to you, is whatever you do end up investing your money in, just make sure it's with the right person/service

        Hope this helps. All the best.
        Signature
        What the mind can conceive, and believe, it can achieve.
        {{ DiscussionBoard.errors[6948284].message }}
        • Profile picture of the author Jacob Pionke
          Originally Posted by spope91 View Post

          It's good to hear you keep your ear to the ground.

          Youtube is a fantastic source of free traffic, put a lot of work into that. bare in mind you don't HAVE to spend money lol

          However, going on the basis that you want to spend this $300, I would personally pump it into Soloads. You'll hear a lot of mixed things about them, if you use someone that offers a poor service, you'll get poor results. And visa versa of course.

          When it comes to Soload marketing you need to work with people you can trust and rely upon for results. The guy I'm using at the moment is brilliant. PM me if you want me to link you to his website, or tell you what to search into Google.

          On the other hand though, what Alexa said is right. You don't' need to spend money on starting online. if you already have experience, focus on building a handful of websites and getting them ranked highly, with the option of paying for SEO services to speed up the process.

          The most important thing I want to put across to you, is whatever you do end up investing your money in, just make sure it's with the right person/service

          Hope this helps. All the best.
          Yeah i totally agree with you and Alexa and thats exactly what i was thinking about making sites that solve people problems, rank them on google and there we go. Make 10 sites, each giving you one sale a week. 20Ã--10=200/week with only 10 simple sites. But the first commissions i earned was promoting Money Making products. Now i know that it isn't a good idea but i like a challenge and i want to know if it works, if it doesn't then at least i tried. What you think ? And yes thank you i will pm you. Thanks.
          {{ DiscussionBoard.errors[6948315].message }}
          • Profile picture of the author spope91
            Originally Posted by Jacob Pionke View Post

            Yeah i totally agree with you and Alexa and thats exactly what i was thinking about making sites that solve people problems, rank them on google and there we go. Make 10 sites, each giving you one sale a week. 20Ã--10=200/week with only 10 simple sites. But the first commissions i earned was promoting Money Making products. Now i know that it isn't a good idea but i like a challenge and i want to know if it works, if it doesn't then at least i tried. What you think ? And yes thank you i will pm you. Thanks.
            Sounds like a pretty good plan to me Jacob. Providing you're confident in your SEO skills etc.

            Of course, the niche you get involved in will be important, I personally think it's best to just stick to one. If I'm working with CPA, I'm doing various things, but everything else I do is in the make money online niche. Which, a lot of people will tell you is saturated, but that's absolute rubbish IMO.

            You just need to stand out. Be honest, and offer value. You can't go wrong.
            Signature
            What the mind can conceive, and believe, it can achieve.
            {{ DiscussionBoard.errors[6948343].message }}
            • Profile picture of the author Jacob Pionke
              Originally Posted by spope91 View Post

              Sounds like a pretty good plan to me Jacob. Providing you're confident in your SEO skills etc.

              Of course, the niche you get involved in will be important, I personally think it's best to just stick to one. If I'm working with CPA, I'm doing various things, but everything else I do is in the make money online niche. Which, a lot of people will tell you is saturated, but that's absolute rubbish IMO.

              You just need to stand out. Be honest, and offer value. You can't go wrong.
              I couldn't agree more.

              P.S. I wanted to pm you but since i just joined WF i can't as i need at least 50 posts And i really want to know the solo ads you use as you seem to be successful in what you are doing. So if you have time, please pm me. Thanks a lot.
              {{ DiscussionBoard.errors[6948369].message }}
            • Profile picture of the author CalinDan
              Originally Posted by spope91 View Post

              Of course, the niche you get involved in will be important, I personally think it's best to just stick to one. If I'm working with CPA, I'm doing various things, but everything else I do is in the make money online niche. Which, a lot of people will tell you is saturated, but that's absolute rubbish IMO.

              You just need to stand out. Be honest, and offer value. You can't go wrong.
              Agreed.

              And by the way, I really appreciate people who support the make money online niche.

              Who ever says it's saturated has no idea what his talking about, or just wants to keep as many people out of it. The IM niche is only getting bigger, not smaller. More and more people are coming online daily looking for valuable advice.

              If you provide value and contribute there's nothing to worry about. 6 figure years are just a mind-state.

              Cheers buddy!
              Dan
              Signature

              .

              .
              {{ DiscussionBoard.errors[6948370].message }}
              • Profile picture of the author spope91
                Originally Posted by Jacob Pionke View Post

                I couldn't agree more.

                P.S. I wanted to pm you but since i just joined WF i can't as i need at least 50 posts And i really want to know the solo ads you use as you seem to be successful in what you are doing. So if you have time, please pm me. Thanks a lot.
                I'll send that PM in a moment. Happy to help.

                Originally Posted by CalinDan View Post

                Agreed.

                And by the way, I really appreciate people who support the make money online niche.

                Who ever says it's saturated has no idea what his talking about, or just wants to keep as many people out of it. The IM niche is only getting bigger, not smaller. More and more people are coming online daily looking for valuable advice.

                If you provide value and contribute there's nothing to worry about. 6 figure years are just a mind-state.

                Cheers buddy!
                Dan
                Absolutely, couldn't agree more. I read some pretty interesting statistics about the increases in the amount of people working from home over the last 5 years, and the market itself only has one direction to go in for the time being from what I'm seeing, and there's plenty of head-room for growth!

                You seem to have a similar philosophy to me Dan. By helping people getting started in this industry, and providing real value, they'll take any kind of recommendations you have with open arms, which is why it's critical to only promote products you use-have used yourself, that you have confidence in.

                You'd probably agree with me, in that I'm happy for these saturation rumors to fly around, more business for me and you! haa

                All the best pal.
                Signature
                What the mind can conceive, and believe, it can achieve.
                {{ DiscussionBoard.errors[6948399].message }}
                • Profile picture of the author CalinDan
                  Originally Posted by spope91 View Post

                  I'll send that PM in a moment. Happy to help.

                  Absolutely, couldn't agree more. I read some pretty interesting statistics about the increases in the amount of people working from home over the last 5 years, and the market itself only has one direction to go in for the time being from what I'm seeing, and there's plenty of head-room for growth!

                  You seem to have a similar philosophy to me Dan. By helping people getting started in this industry, and providing real value, they'll take any kind of recommendations you have with open arms, which is why it's critical to only promote products you use-have used yourself, that you have confidence in.

                  You'd probably agree with me, in that I'm happy for these saturation rumors to fly around, more business for me and you! haa

                  All the best pal.
                  Looks like others do all the dirty jobs for us.

                  And yes I totally agree with you. Whenever someone says they can't afford to hire you now, in 2 years max they won't afford NOT to hire you.

                  With this kind of economy lurking around everyone will need good promoters, marketers, online coaches etc. Packaging information products will be a good skill to have in your arsenal in the coming years also.

                  Just learn as much 'value' as you can now...

                  Best of luck guys.
                  Dan
                  Signature

                  .

                  .
                  {{ DiscussionBoard.errors[6948467].message }}
                • Profile picture of the author Jacob Pionke
                  Originally Posted by spope91 View Post

                  I'll send that PM in a moment. Happy to help.
                  Thank you very much, i would send you a pm but you know my problem haha. But yeah thank you once again.
                  {{ DiscussionBoard.errors[6948564].message }}
                  • Profile picture of the author spope91
                    Originally Posted by Jacob Pionke View Post

                    Thank you very much, i would send you a pm but you know my problem haha. But yeah thank you once again.
                    Aha no worries pal, all the best.
                    Signature
                    What the mind can conceive, and believe, it can achieve.
                    {{ DiscussionBoard.errors[6948592].message }}
    • Profile picture of the author Dimitris Skiadas
      Originally Posted by spope91 View Post

      Everyone will answer this question differently. But personally, I'd do this:

      1. Market research. Decide the niche I want to be in, and the product I want to be in.
      2. Set up my hosting and purchase a domain name.
      3. Build a high-converting squeeze page - give away a great freebie.
      4. Set up an Autoresponder focused on value and relationship.
      5. I'd then spend the vast majority of the budget on Soloads. Initially starting small, and providing I was happy with the results. Wallop.

      I know this isn't the most in depth plan for you, but this is typically the approach I would take.

      Wait and see what others have to say, but at the end of the day, you need to do something you can enjoy, that suits your style.

      Hope this helps
      Totally agree with this approach.This is what most of the Warriors would do(i think!)

      If i started right now, i would use this money to get a coach.For me getting a coach is money well spent.I suggest using a coach that has a good fame in the Warrior Forum or else where.

      If he really knows what he(or she)'s doing, it will be a good investment.

      Dimitris
      Signature
      {{ DiscussionBoard.errors[6970146].message }}
  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by Jacob Pionke View Post

    I know $320 is not a lot but am student.
    $320 is a lot more than I ever spent, when I started.

    You need a domain-name or two, some hosting, and an autoresponder subscription. $320 more than covers it. In fact it probably covers it three times over.

    For me, there certainly wasn't ever a time when spending more than that would have made my income any faster, bigger or more secure.

    (This is what I do, if it interests you: http://www.warriorforum.com/main-int...ml#post5721774 ).

    Good luck!
    {{ DiscussionBoard.errors[6948240].message }}
  • Profile picture of the author Greedy
    Now i have seen a lot of stuff and coaching programs
    What type of coaching programs have you do?

    I would suggest building off what you have learned.
    Signature
    {{ DiscussionBoard.errors[6948246].message }}
    • Profile picture of the author Jacob Pionke
      Originally Posted by Greedy View Post

      What type of coaching programs have you do?

      I would suggest building off what you have learned.
      Well its mainly programs like Dotcomsecrets, which was great.
      {{ DiscussionBoard.errors[6948271].message }}
  • Profile picture of the author headmaster211
    Banned
    I started with 0, you are at a far better position to get started than I was 2 years ago. You made $11.90 being a newbie that means you have the skills and you have got talent. If you already learned affiliate marketing and could make money with it then why not scale it up. Instead of learning a totally new method from scratch.

    You should definitely continue, test it, tweak it, weed out things that doesn't work and scale up what is working. Soon you'll making more and more money with the same kinda investment.

    I would have continued with what I am good at and whats already been working for me.
    {{ DiscussionBoard.errors[6948252].message }}
    • Profile picture of the author YourBusinessEye
      Yes I would say as a newbie if you made money in affiliate marketing do further research, learn, tweak, test. You never know you will start making from $320 to $3200.

      I always believe do what you are passionate about it, if you are hardworking which does seem that you have the drive than success will follow. Good luck and remember focus and set a goal that is realistic and attainable

      Cheers

      Saniya
      Signature

      Business Coaching Services, Business Performance Improvement, Internet Marketing, Online Brand Reputation - Ask me for a complimentary business gap analysis!

      Your Business Eye

      {{ DiscussionBoard.errors[6949760].message }}
  • Profile picture of the author CalinDan
    Most of the members here started off with a lot less mate. Myself included.

    I'm not passing off as someone entitled to give out 'valuable' newbie advice, but mainly start building a customer base. A list to sell your products to, some repeat clients to work with in providing your services.

    Basically gather up prospects. This is the only long-term approach that will work anytime in any niche.

    Have a great day!
    Dan
    Signature

    .

    .
    {{ DiscussionBoard.errors[6948296].message }}
  • Profile picture of the author TheBlueWizard
    Honestly... the only person who can answer this question, SHOULD only be yourself. Other people telling you to buy tools do not know how to make investments for you.

    Learn how to do fundamentals, and find a form of marketing that seems to work for you, and start doing things manually at first. As you come across redundant tasks or things you wish you could automate, THEN that's when you can start investing in tools.

    They are supposed to make your life easier; don't get caught up in throwing down big $$$ on tools you're going to spend days/weeks learning to master. Get the basics down packed; do things manually at first.

    After that, you'll find there are a plethora of things you can invest that money in to...

    Virtual Assistants
    Link Building Tools
    Keyword Research Tools
    Outsourcing Articles
    Proxies
    VPS
    Signature
    www.BlueWizardSEO.com
    Premium Quality Articles | Keyword Research | Link building/Social signal Services
    {{ DiscussionBoard.errors[6948430].message }}
  • Profile picture of the author FIP
    Jacob

    With $320 i'd definitely research and find a good coach/mentor. To save yourself A LOT of time get the right guidance early is my advice.

    Get the foundations right. Just make sure the person/program you get is a great one!
    Signature

    "If one advances confidently in the direction of his own dreams and endeavours to live the life which he has imagined - he will meet a success unexpected in common hours"
    -Thoreau

    {{ DiscussionBoard.errors[6948511].message }}
  • Profile picture of the author picnic
    Banned
    I would invest in a reputable beginner's course in affiliate marketing, CPA, SEO etc. just to get the fundamentals down. The info is freely out there but a structured course helps you disseminate so much faster IMO
    {{ DiscussionBoard.errors[6948973].message }}
  • Profile picture of the author Randall Magwood
    Start a blog, buy a good course on internet marketing, and promote your own or affiliate products.
    Signature
    {{ DiscussionBoard.errors[6949412].message }}
  • Profile picture of the author fin
    Domain name - 2 years
    Hosting - 6 months
    Theme - Thesis
    Auto-responder - Aweber
    {{ DiscussionBoard.errors[6949461].message }}
    • Profile picture of the author Anthony Gibson
      Originally Posted by fin View Post

      Domain name - 2 years
      Hosting - 6 months
      Theme - Thesis
      Auto-responder - Aweber
      Can I add join War Room $37

      Immerse yourself in this community

      Anthony
      {{ DiscussionBoard.errors[6949506].message }}
      • Profile picture of the author kenzik
        Originally Posted by Anthony Gibson View Post

        Can I add join War Room $37

        Immerse yourself in this community

        Anthony
        +1

        War Room membership paid for itself. Probably something like 4 or 5 months ago I bought the membership and the ideas I took from there probably have earned me about $300 or so (and will continue to earn me about $50-75/month without any additional effort on my part).

        I'm on the tail end of another experiment that I started 3 months ago with some ideas from the War Room and have gone from 0 visitors on a new site to getting 2k/month now. I'm working on monetizing with some other ideas also from the War Room, will hopefully see results on that within the next 30 days.

        All in all, if you spent money only on the War Room and spent the next 30-90 days just absorbing and studying and experimenting (with free options), you most certainly should make your money back and then some.
        Signature
        FREE Mass Video Generation Software! Beta Testers Get a FREE Copy!
        {{ DiscussionBoard.errors[6949563].message }}
  • Profile picture of the author salegurus
    Originally Posted by Jacob Pionke View Post


    Also what would you do if you were just starting out and you had $320 ?
    I would put away my $320 and use the forum search button (Which for some reason seems to be invisible to most people?).
    There is enough free info here to keep you busy for a long time...
    Signature
    Think of how stupid the average person is, and realize half of them are stupider than that.

    ― George Carlin
    {{ DiscussionBoard.errors[6949487].message }}
  • Profile picture of the author Mreese601@gmail.com
    What would I do with $320 dollars? hummmmm hire people to do the basic task of internet marketing! write article, do some blog commenting, and advertise your site on other people site! TEST, TEST, TEST. Whatever way that's making you money do more of it.
    Signature
    Fastest Way To Making Sales On The Internet
    {{ DiscussionBoard.errors[6949489].message }}
  • Profile picture of the author JoeyElmore
    Use $100 to test a few different strategies out and find what works best for you. Take your remaining funds and scale the strategy that worked and keep scaling until it's paying for itself.

    Good luck
    Signature

    "The grass isn't always greener on the other side. It's greener where you water it."

    {{ DiscussionBoard.errors[6949587].message }}
  • Profile picture of the author braincandy7
    Still looking for help? Drop me a pm. More than happy to have a chat.
    {{ DiscussionBoard.errors[6970095].message }}
  • Profile picture of the author moneymakerway
    ✔ Find a niche which has low competition and good search volume.
    ✔ Do your market research! Are there potential buyers?
    ✔ Buy a domain name and chose hosting.
    ✔ Choose your autoresponder service.
    ✔ Create a squeeze page and thank you page.
    ✔ Drive traffic through forum and blog commenting, create social media accounts, create videos on Youtube(maybe the most important), try guest blogging etc. These are free traffic getting strategies!
    ✔ Be a patient and consistent every day for a few months.
    ✔ Set up you mind for success!
    {{ DiscussionBoard.errors[6972765].message }}

Trending Topics