How to turn $1k into $2k -fastest way?

41 replies
Hello warriors,

ok here's the thing:

My friend got fired a few days ago, recession got his company and you know how it goes from there.. He was involved in IM a bit but nothing significant to be able to start his online business on his own..

He asked a help from me to start his online business in the next month..

I have a lot of experince in IM, but to start him a business like my own it would take 5-6 months or so, and he needs a quick solution.. He need to start earning at least $1k monthly in the next two months or even faster..

He has $1k to invest in marketing but he needs ROI very fast..

Main question is: How would you invest $1k to get in return $2k in the one month from now?!

I have a few ideas for him, but I would like to hear your suggestions ands I would appreciate it a lot..

Any inputs and suggestions would be highly appreciated

Thanks in advance

Dylan
#$1k #$2k #fastes #turn
  • Profile picture of the author PerformanceMan
    Mailing list + co-reg leads + mail with affiliate links. Could work
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    • Profile picture of the author dylan4f
      Originally Posted by PerformanceMan View Post

      Mailing list + co-reg leads + mail with affiliate links. Could work
      Thanks for your suggestion..what do you mean by "Mailing list + co-reg leads"? Do you mean on buying solo ads?
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      • Profile picture of the author PerformanceMan
        Originally Posted by dylan4f View Post

        Thanks for your suggestion..what do you mean by "Mailing list + co-reg leads"? Do you mean on buying solo ads?
        Hello Dylan,

        Solo ads are one way, co-reg leads are another. Co-reg leads come from subscription forms that run small ads on them. A number of companies sell them. I've been using them to build my list for awhile now and they're pretty good. You can buy them on a per-lead basis. Hope that helps
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        • Profile picture of the author dylan4f
          Originally Posted by PerformanceMan View Post

          Hello Dylan,

          Solo ads are one way, co-reg leads are another. Co-reg leads come from subscription forms that run small ads on them. A number of companies sell them. I've been using them to build my list for awhile now and they're pretty good. You can buy them on a per-lead basis. Hope that helps
          Hey thanks,

          would you mind sharing where you get yours co-reg leads?

          Thanks in advance
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        • Profile picture of the author anwar001
          Originally Posted by PerformanceMan View Post

          Hello Dylan,

          Solo ads are one way, co-reg leads are another. Co-reg leads come from subscription forms that run small ads on them. A number of companies sell them. I've been using them to build my list for awhile now and they're pretty good. You can buy them on a per-lead basis. Hope that helps
          I would be interested in finding out more about these co-reg leads services. Would they work in all niches?
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          • Profile picture of the author PerformanceMan
            Originally Posted by anwar001 View Post

            I would be interested in finding out more about these co-reg leads services. Would they work in all niches?
            I'm using GetSubscribers.com but I know Opt-Intelligence is another big source for them.

            This should work for most niches. The way GetSubscribers.com works is that the people are already registered to mailing lists and then see a small ad for your list when they sign up for a similar one. So, to me, these are very targeted leads and will end up being much cheaper than PPC ==> Squeeze Page.
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            • Profile picture of the author dylan4f
              Originally Posted by PerformanceMan View Post

              I'm using GetSubscribers.com but I know Opt-Intelligence is another big source for them.

              This should work for most niches. The way GetSubscribers.com works is that the people are already registered to mailing lists and then see a small ad for your list when they sign up for a similar one. So, to me, these are very targeted leads and will end up being much cheaper than PPC ==> Squeeze Page.
              Hey many thanks..

              This is much appreciated info
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              • Profile picture of the author PerformanceMan
                Originally Posted by dylan4f View Post

                Hey many thanks..

                This is much appreciated info
                You're welcome Dylan. Good luck with your venture
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            • Profile picture of the author anwar001
              Originally Posted by PerformanceMan View Post

              I'm using GetSubscribers.com but I know Opt-Intelligence is another big source for them.

              This should work for most niches. The way GetSubscribers.com works is that the people are already registered to mailing lists and then see a small ad for your list when they sign up for a similar one. So, to me, these are very targeted leads and will end up being much cheaper than PPC ==> Squeeze Page.
              Thanks for sharing these resources. I will check them out. From what I understand, suppose we buy 100 leads package from them they will advertise our newsletter offer until we get 100 leads, is that right?

              By the way, is there a way to find more such resources and services? Thanks again for your help.
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              • Profile picture of the author PerformanceMan
                Originally Posted by anwar001 View Post

                Thanks for sharing these resources. I will check them out. From what I understand, suppose we buy 100 leads package from them they will advertise our newsletter offer until we get 100 leads, is that right?

                By the way, is there a way to find more such resources and services? Thanks again for your help.
                You got it. You pay 'per lead' so they keep advertising until you get the number you paid for.

                With GetResponse you can buy 2,000 leads for $630. It might take them a month or so to deliver all the leads, but then you'd have a completely targeted email list of 2,000 people.

                The idea would be to send them offers with high paying affiliate links in them as well as helpful info.

                Of course there's also the chance you might lose all the money. That's the cold reality of any business. However, I don't see how completely targeted leads could end up being completely useless.

                If you want other sources, just search Google for "co-reg leads" or "co-registration leads." That should turn up quite a few. A place called 'Multiple Stream Marketing' has them for as low as 5 cents a lead in bulk. I have no idea of the quality, but you get the idea.

                The only reason I suggested investing in an email list is because lists are generally considered to be 'assets' for IMs. If you drop 500 on leads, you can continuously mail them until they buy something. Unless your emails really suck or the offers do, you can end up earning on this asset over time.

                Building an email list is not rocket science, so I'm not sure why the depressive comments from others in the thread. If their suggestion is your friend should just lay down and die, I don't agree with them. $1,000 is not going to go far no matter what. Invest at least 1/2 in an income online and he might be able to get ramped up fast enough to segue into an IM business. I know I've taken risks like this many times in the last 12 years and I'm still around
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  • Profile picture of the author Kal Sallam
    Here is my fastest way....

    Buy a car and flip it ...then another one and flip it on Craigslist!
    Buy at $250 less and sell it for $250 higher...make $500 minimum
    On each car you flip. 2 cars sold and you made your 1k.

    This what I do aside from my online biz.


    Kal.
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    • Profile picture of the author thedanbrown
      Originally Posted by Kal Sallam View Post

      Buy a car and flip it ...then another one and flip it!
      This what I do aside from my online biz.
      Not bad advice depending on where you live!

      I'm sure a lot of people would say to go with sending paid traffic to an affiliate offer but the truth is to generate a solid ROI as an affiliate is pretty difficult when you're just starting out...

      I know there is a thread with all the best quick cash strategies, hopefully someone could find that for you...
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    • Profile picture of the author Nicholas H
      Originally Posted by Kal Sallam View Post

      Here is my fastest way....

      Buy a car and flip it ...then another one and flip it on Craigslist!
      Buy at $250 less and sell it for $250 higher...make $500 minimum
      On each car you flip. 2 cars sold and you made your 1k.

      This what I do aside from my online biz.


      Kal.
      That's actually very popular here! When we use to have a few cars, people would be driving around the neighborhood, knocking on doors and asking If they could buy the broke(ish) down looking cars, or the older ones, and always had cash on them.

      Worked out because one of my cars at the time had recently been In a crash (last thanksgiving day ) haha.

      But they were all mechanics and did all the work In house, so I don't know how much profit could be made If you were to outsource to tune/fix up the cars.
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  • Profile picture of the author yesacpow
    If he has $1K to invest then he is well ahead of a lot of persons who are just getting started.

    My advice is this: Spend a week or at least a few days doing THOROUGH Market Research..

    Find a group of people with a burning problem that need a solution and need it fast. Focus on some of the big markets but dig down to find a specif niche within these markets.

    At this point you want to focus on finding REAL people. Don't worry about keywords or any of that stuff at this moment.

    ** this niche must be in HUGE demand - meaning people are desperate for a solution and they will spend money to overcome their problems. (Think about health and fitness for example)

    ** Now pay some $150- $200 to write up a short high quality report that people in this niche are having. The report should go in detail and should be worth at least $97 in value if they were to buy it.

    ** Now get a domain and signup for an autoresponder service. You are going to give away this high quality report for free.

    ** Now search for a related product on clickbank or other affiliate networks to have as a One Time Offer (OTO) so once these people sign up for you free report, they are presented with the OTO where they can buy right away.

    ** Write load up you autoresponder with at least one to two months work of messages that will automatically follow up with more high quality content and promotions for related products.(This also can be outsourced)

    ** Now is time to drive traffic. Since you have money to spend, I would say start out with banner ads on related websites. You can search for popular blogs in your niche and make some offers to them to place a banner linking back to your website for a small fee for the month. Or you could use places like buysellads.com

    ** You can also outsource quality videos or do them yourself and upload them to youtube linking back to your free offer.

    Once money start flowing in, you can reinvest in PPC and other forms of traffic.

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    • Profile picture of the author dylan4f
      Originally Posted by yesacpow View Post

      ** Now search for a related product on clickbank or other affiliate networks to have as a One Time Offer (OTO) so once these people sign up for you free report, they are presented with the OTO where they can buy right away.
      Hi yesacpow,

      thanks for your suggestion, this is something that I'm planning to set up..

      How do you put up an OTO from a clickbank product? Do you ask vendor to give you a sample of salesletter where you can edit it and make to look like an OTO page?

      Thanks
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  • Profile picture of the author Kal Sallam
    The idea of buying low & selling high has been around for ages.
    So if you have some to money to invest this has always been a sound strategy.
    The more you invest the more you will make.

    For instance:

    -$150 from flipping a laptop could easily be made.

    -$500-$1000 from cars

    -20-50k from Real estate.


    Kal.
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  • Profile picture of the author latestnewsheadline
    Banned
    Do what you know. All these can turn $1k into $0K if you don't know the market.
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  • Invest in some done for you sites. Build up a network of sites that are earning. Either through affiliate links, amazon or adsense.

    You can easily turn that $1K into $2K+ per month on an autopilot scale

    Just my 2C
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  • Profile picture of the author mizesean
    Frankly, I think we need to know his understanding level online. If he doesn't know much of anything, he's likely gonna waste his $1k if he's tries any of these strategies.

    I mean, hey, driving traffic to leads and building a list, and then writing a powerful email campaign --> WORKS!

    But you gotta do all the parts right -

    and frankly, I think he's better off moving slow, learning what needs to happen, basics, list building, email writing - investing in education slowly, and implementing as he goes - and being careful not to spend too much in traffic in one place till he's getting a return.

    Go slow. Make it profitable. Which might be $100 --> $200 the first month.

    THEN scale the next month, perhaps.

    I know this is a big negative . . . but I think it's the truth - go slow, no matter what you have to invest

    SEan
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  • Profile picture of the author soudy
    I would recommend looking into CPA + PPC.

    Create a landing page with offers for something with LOW CPC.

    Put offers on the landing page and you get paid everytime someone fills out the form.

    Goodluck
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  • Profile picture of the author Riki Oh
    That kind of return in such a short amount of time will be nearly impossible to achieve consistently.

    With 1k, any sort of paid advertising will be too risky (especially if you have no experience) - you might as well play the lottery or go to the casino.

    Your best bet would be to leverage your existing assets (or his) and/or some form of arbitrage, as suggested by Sal. This does not have to be product-based, either. Services can be provided (find need on craigslist, outsource on WF or Fiverr, keep the difference etc.).

    Consistent earnings online, in general, take a lot of time or money (or both). Do what you can now, as previously mentioned, and use what you can as capital to create something long-lasting.
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  • Profile picture of the author IMDealBox
    I would do Solo Ads 10 times of 10! So easy to make money with lots of money!
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  • Profile picture of the author lotsofsnow
    I would suggest to start a drop shipping business. I know one nice where you can get started with about $1,000k and you can build it to $50k profit per year. Takes only a few hours of work per week.
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    • Profile picture of the author dylan4f
      Originally Posted by hpgoodboy View Post

      I would suggest to start a drop shipping business. I know one nice where you can get started with about $1,000k and you can build it to $50k profit per year. Takes only a few hours of work per week.
      Hi thanks for the suggestions..I would be interested to hear details about this, so if you don't mind can you please share that info here? Or if not you can PM me

      Thanks many
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  • Profile picture of the author Riki Oh
    Unless you're serving as a broker of some sort, a drop-shipping business, in the traditional, e-commerce sense, will take a little while to get off the ground...even if your friend is experienced with PPC.
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  • Profile picture of the author Randall Magwood
    Ebay. Tell him to sell all of his valuables there. It'll sell fast. DONT go to a pawn shop.
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  • Profile picture of the author Alex Blades
    He could do some research and have software or tool made and sell it as a WSO
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  • Profile picture of the author Ken Strong
    Or have your friend hold onto the $1k he already has, and get a temporary part-time job to make the other $1k within a month. If he's in a desperate situation money-wise, it makes no sense to risk whatever money he has already on any of this other stuff..
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  • Profile picture of the author Cash37
    Fastest way? Bet on sports.
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  • Profile picture of the author Silas Hart
    My suggestion probably isn't the easiest.

    Contact local pawn shops and offer to buy 1000 dvd's for .45 a piece. - and then do this with another. They Never sell these anymore. I have pawnshops calling me to come take them all of the time but most of the time I'm not even in the same state. This should give you about 2000 dvds for $900 - use the rest on bubble mailers. Invest a little more in a used Brother QL-550 Label Printer if possible, with a full roll of labels.

    On the back of the DVD's, write down the UPC codes in a spreadsheet. Use this spreadsheet to upload as a .CSV to eBay and Amazon. On eBay you are going to do $3.99 + Free Shipping - on Amazon, you are going to charge $2.99 + the standard $2.98 shipping. Most of your sales will be through Amazon. eBay will probably be about 20%. If your lucky you will have scored some Seasons (Television Shows, Multiple DVD's per box) - price those differently - research current prices and price competitively. Most DVD's will already be price at around this price, but you will have some movies that are worth more and you won't be charging more, so they will sell fast.

    You might have about 100 - 200 DVD's left over. List them in a bulk auction on eBay or wait it out, or even put them up on CL in bulk for a cheap price.

    You will have turned $1000 into roughly $2300 which is about my average when I was doing this as a way to increase my eBay feedback and Amazon Transaction History so that I could hold on to my TRS status on eBay to keep saving a lot of money on eBay fees and be less prone to bad feedback, and also keep my DSR's high because I shipped very quickly using USPS First Class Mail. Sometimes I would get a lot more Seasons because someone who collected something like all of the seasons of Friends, Simpsons, Smallville, etc would bring them all in at once and I could more than triple my money on those.
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  • Profile picture of the author biggenius
    Forex.

    PPC only these two.
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  • Profile picture of the author Confined To Life
    If I had an email marketing campaign that I knew would convert with the right numbers, I'd invest $1,000 in PPC looking to get $2,300 out of it.
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  • Profile picture of the author techbul
    1. Go to the nearest casino
    2. Play roulette
    3. Bet it all on black (or red)
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  • The WF admins need to do something to stop these "How to make $xxxx by next thursday" threads... They mislead people into thinking that IM is a casino house or something... Plus they are most unrealistic.
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    • Profile picture of the author PerformanceMan
      Originally Posted by Anonymous Affiliate View Post

      The WF admins need to do something to stop these "How to make by next thursday" threads... They mislead people into thinking that IM is a casino house or something... Plus they are most unrealistic.
      Why the long face? You mean you're an Internet marketer and you don't think someone can double their money in sixty days? Come on man!

      60 days to turn $1,000 into $2,000? You can't do that?

      I mean there's no guarantee it will happen but this is in the realm of reality and not fantasy for even IMs with beginner to intermediate skills IMHO.
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  • Profile picture of the author service provider
    better to get flip flippa ....that would be the best idea so far i am considering
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  • Profile picture of the author David Micheal
    Start small and focus on learning. Don't do something that you don't know.

    You need to build your business from the bottom.
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  • Profile picture of the author Shining JS
    does he have any kind of specific knowledge or skills? He can sell his knowledge.
    For instance,If he knows some strategies to gain money from forex or stocks, he can teach others in exchange for money.
    Hope it help
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  • Profile picture of the author WillR
    You said the fastest way not the safest way.

    Roulette. All day.
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