$20k Investment Puzzle

I would start Estores to be honest.

Do you actually have the 20K?

I would start a network of dropship sites stocked with engaging and original product descriptions. I would integrate it thoroughly with social buying technology and mobile app hooks. I would foster a community so the site's traffic grows on a viral basis.

Where do your passions lie? You will be throwing away that $20,000 if your passion does not lie with what you are investing in. For example, for $20,000 I can set you up in an exotic animal importing company that doubles your money every time you invest. So If you spent $5,000 on building a greenhouse or just building enclosures then imported animals every month bringing in 4,000 worth in animals every month that would be profiting you 4,000 plus giving you money to fall back on. However, if you do not like the business you will not spend time with the animals to ensure they thrive and even though you may be selling animals at first, within the first few months you will probably get a bad reputation and not be able to sell them in the future.

I know that is a vague example. But, my point is that you need to care about what you are investing in and not just taking some random idea from people that more than likely haven't made their own business profit to the numbers you are expecting.

Oops, I actually just noticed that you said passive. I'm not sure you would be able to get a passive income of that much by a one time investment. No matter what it is, you will have to put some work in to it.

My most passive idea was to find an offline niche that, for the most part, had business owners who had crappy websites. Then building a freewebs website (wix / weebly ) clone site focused on that niche and charge people $20 / month to host their custom made site (using a premade template). I would assume you could get the site done for around $1000-$2000.

But you would still have upkeep on the site.

Deleted my post

If I had 20k to invest in, then I would definately create 6 niche sites (with excellent quality content), not mini but authority ones. I would spend 1000$ average on each website, and then spend the remaining on marketing those manually (as I know a lot about marketing myself).

Get the best mentor you can find and pay for a couple of days 1 on 1 training, they will plan a business strategy with you that will be near on bullet proof with the remaining budget!

Perhaps you can hire a team that can build software, graphics and a sales page. This way you can outsource the whole process of creating a product and see results within a month or 2 .

Just curious, why the 60 day time frame?

All The Very Best,

Tony

Hi,

I was in your shoe before and my goal was actually 20% return instead of 10-15% return monthly.

To build passive income, allocate some funds to:

1) Invest in some legit Digital Assets Sites that already collect decent Passive income from Adsense without work even after all the various updates

If you bought a few websites at 1k, and the sites are making $100-150 in adsense monthly ... you hit your 10% monthly target

2) Buy some digital real estates (domains) and flip it at profit

If you bought a premium 3 letter domain $200 and sell it for $220 that month ... you hit your 10% target

3) Invest in small business that will provide monthly profit payout (invest in talent)

If you found someone honest or a friend who have a good business model and you invest $5k and that person pays you $500/mth out of his profit ... you hit your 10% target

I try to hit my 20% investment target monthly but sometimes some investment may screw up and the target get skewed a little to around 10-15% returns.

Just have to shop around and diversified your risk.

I agree with sbucciarel. I would buy an already established and well earning site. Of course it should fit your interest. Why try something new if you can have something that already is a proven winner?

Having money to start with makes things easier but if you have the attitude (not saying you do, just in general) that you can just throw money at something and you'll end up making a profit it can go quite wrong. You need to spend time thinking about what YOU want to do, preferably something you have an interest in so you don't mind spending time and money on it.

Hey, i am in the same boat.
Just i hope to earn way more than 2-3k
Do you have Skype, maybe we can exchange some ideas.
It's easier to start this way.

Great question Netprenuer!
I would spend that money definitely on product creation. Specifically software creation. I'm thinking of software for SEO, software for optimizing and creating web pages for mobile viewing. Creating mobile apps and creating various services for mobile industry and business. I would turn my attention to mobile because it is the future. In a year or two there will be more people going on the internet from smart phones then from desktop computers. There are many possibilities for what I could start and warrior forum is one of the places where I could conclude what could be successful product and that would be my guide which way I should follow. With creating my own products I would grow my name in internet marketing community. I would be building my brand name. Around my product I would grow network of super affiliates and providing them with all necessary tools to promote my products. Of course they would be greatly rewarded for that. Results of all that activities would be every day growing email list with which in time I could make even greater profits. One more thing, I would definitely built membership sites with quality content and that way I would be secured with recurring income. With all that built when income would afford that I would hire other people to run all that for me so I could have free time and money at the same time.