How would you (try) make $50,000 in 6 months?

by ckbank
30 replies
Most realistic approach to making $50,000 in 6 months online or offline is...
#$50 #make #months
  • Profile picture of the author CyberAlien
    So... there's this bank down the street from me... they close at 6...
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  • Profile picture of the author arranrice
    What skills do you have? That could be quite hard if you have money to invest you can buy a site making $100,000 a year.
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    • Profile picture of the author cooler1
      Originally Posted by arranrice View Post

      What skills do you have? That could be quite hard if you have money to invest you can buy a site making $100,000 a year.
      It would cost about $125k to buy a site earning that, so if you had that disposable income then you wouldn't need to make 50k.
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  • Profile picture of the author John Romaine
    Direct mail.

    Send out 5,000 flyers to local business offering a $1,500 website package.

    Even at a 1% conversion rate you could make $75,000
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    • Profile picture of the author cooler1
      Originally Posted by John Romaine View Post

      Direct mail.

      Send out 5,000 flyers to local business offering a $1,500 website package.

      Even at a 1% conversion rate you could make $75,000
      How much would it cost to put together the 50 website packages though on top of the mail and flyer costs?
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      • Profile picture of the author John Romaine
        Originally Posted by cooler1 View Post

        How much would it cost to put together the 50 website packages though on top of the mail and flyer costs?
        Don't sweat the trivial stuff. This is a PROVEN highly profitable strategy.
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        • Profile picture of the author ckbank
          Originally Posted by John Romaine View Post

          Don't sweat the trivial stuff. This is a PROVEN highly profitable strategy.
          I strongly agree with you. If the intention is strong enough, a person can accomplish any goal he or she has set. I was thinking about cold-calling, but a nicely done sales letter would yield much better results, IMO.
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          • Profile picture of the author John Romaine
            Originally Posted by ckbank View Post

            I strongly agree with you. If the intention is strong enough, a person can accomplish any goal he or she has set. I was thinking about cold-calling, but a nicely done sales letter would yield much better results, IMO.
            Its easy to keep asking questions when you already have the answer. My mentor said to me "You're just asking questions in order to hear what you want to hear". In many cases, people are either too dumb or stubborn to get the point.

            "Here's a briefcase full of money, it's yours"
            "Is it genuine leather, or imitation?"

            Asking about the cost of mail outs and organizing websites is much like the Egyptians standing around concerning themselves with what style of sandals they were going to wear in order to build the pyramids.
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            • Profile picture of the author andreas3
              Originally Posted by John Romaine View Post

              Asking about the cost of mail outs and organizing websites is much like the Egyptians standing around concerning themselves with what style of sandals they were going to wear in order to build the pyramids.

              YES! Well, almost.

              Some people will look at the idea and say, "design websites? That's easy!" and head off to the printers.

              Others will look at it and think, "What? I'm not very good at web design. Hiring a designer will kill my margins!" and slink off to work on their e-book.

              Only very few will see it and realize, "Wait, you're telling me... I can get paid $50,000 to learn web design?"
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  • Profile picture of the author Jonwebb
    Would be pretty hard... Would it need to be 50Gs profit or just make 50Gs? If I could I would:

    1 sell of due stock in my portfolio
    2 create as many produts to sell as possible.
    3 have a mini product launch every week or so
    4 create a high ticket item
    5 market it to the people who bought people the products from the mini launch's.


    Would that make me 50,000 in 6 months?? Prob not but I would get reasonable close. Maybe 15,000 to 30,000.
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  • Profile picture of the author karlmay1980
    Something simple could be create a podcast and start interviewing experts in your target market.

    Try to do atleast one per week.

    Produce lots of content around the podcasts to drive traffic and create awareness on top of the promotion from the people you interview.

    You can then promote the experts products during the podcasts and in promotional material and content, earning you money as an affiliate.

    Then after a few month create an event and have the experts in your market speak at this event.

    Sell the tickets to the event, plus things like live streaming and the recordings either as download or on dvd's to create multiple revenue streams.

    If you do this then you should well excess your aim of $50k in 6 months.

    The few challenges will be getting the right experts for podcasts and event, producing the content, securing a venue and the costs upfront if earning until this point are small.

    You would want to try and brand it in a fashion that gives you a uniqueness over others in your market.
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  • Profile picture of the author CyberAlien
    Originally Posted by gyantastic View Post

    Empower Network is definitely the way to go. People have already made such amount of money earlier and you too can. Watch the vid in the sig to know more.
    I'd be willing to debate if those links should even be allowed in your sig since they redirect to an affiliate URL and store referral cookies which violates the WF rules.
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  • Profile picture of the author himanuzo
    For making $50,000 in 6 months, do SEO many sites / blogs for promoting affiliate products.
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  • Profile picture of the author Kal Sallam
    That could be achieved through list building & email marketing.
    It's a numbers game. The higher your numbers the more you will make. Period.
    Also a solid back-end (High ticket item) in your sales process is a must.
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  • Profile picture of the author TimothyTorrents
    You would need a lot of money to invest. I am sure if you work with a team of people you could reach that goal. For example, hire 2-3 people to create a new product every week and then hire a company to advertise those products you could make a decent amount of money. Of course, you will need money to invest. If you do not have any money to invest and you work alone it will be very very difficult for you to make that amount of money.
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  • Profile picture of the author accraneb
    I have heard quite a few marketers make that claim I'm not in a position to verify such claims may be you can seek out some of them and inquire of them how it is done.
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  • Profile picture of the author CBusiness
    get some webcam girls going.................. gamble everything you have on a sports bet................ ughhh........ write an ASTONISHING ebook or create some amazing digital product and market the heck out of it. ............

    about sums it up.
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  • Profile picture of the author Silas Hart
    If I chose a "hit it and quit it" method, I could turn $5,000 into $50,000 on eBay in 6 months using the last months to sell off all of the inventory to reach the final goal of $50,000.

    It would take probably a pre-6 months to go from $50 to $5000 however.
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  • Profile picture of the author rossm
    What is your starting budget?
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    • Profile picture of the author Reid Stevens
      Just do what John Romaine said and then come back here in 6 months and post your results.

      I do similar with Lasik Eye Surgeons and made great money with all the upfront down payments they paid me.

      There is nothing pretty about it, but it works.
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      www.mhealthinsurance.com

      Make me an offer.
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  • Profile picture of the author Michael Ten
    I wanted to earn fifty thousand dollars in about six months, I would find a high paying sales job and find a way to make it work. That would torture me, though, so I would probably never do it.
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    • Profile picture of the author danstairs
      Buy a nice place in Florida or just stick a pin in one of the Med countries and buy a nice villa, then wait. Six months might do it, or maybe a few years, but in the end .....(God sees the truth, but waits - Tolstoy)
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      • Profile picture of the author ckbank
        Great answers so far. I like the idea of getting a sales career started...wait a minute...no I do not. But seriously, go on any career site, 90 % of the openings will be in sales. I would make good money, but at the same time, I would feel like *****. I will try to stay away from sales careers as much as I can. The next time I ever do sales, it will be for myself. That is the only time the stress is worth it. If I do not hit quotas, at least I will not call myself names.
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  • Profile picture of the author Searchlabmedia
    I used to think about those big numbers, but it wasn't until I started to break it down into small chunks that I realized I COULD make $50k in 6 months. I would think about what you can do this month, then just multiply your efforts.

    Dave
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  • Profile picture of the author ratracegrad
    Do all of the below:

    1) listbuilding with running solo ads every 2-3 days
    2) affiliate marketing
    3) website design
    4) produce one wso a week for 6 months
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  • Profile picture of the author salegurus
    Must say these how to make $X in Y Time never get old... :rolleyes:
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  • Profile picture of the author travlinguy
    Get off the forum and actually do something...
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  • Profile picture of the author owenlee
    Using PPV to build a list...build a few list in different niche too...this should works..but its going to be tough at first..
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  • Profile picture of the author fallingdown101
    product creation and list building...building a brand...

    selling services like mobile websites or webdesign should be working great...

    fill a demand
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  • Profile picture of the author Nicole K
    Originally Posted by ckbank View Post

    Most realistic approach to making $50,000 in 6 months online or offline is...
    ....is to get real and take action, work hard and come back and tell us how you did it.
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