I have $11,842. What is the best investment for this money

42 replies
I have $11,842. What is the best investment for this money to build solid business and stable monthly income
I have These options :

1) BIM / EN
2) List Building while promoting low priced products (e.g. WSO)
3) My Top Tier
4) Combination of the above three options with promoting

Expert marketers opinions are highly recommended.

Thanks
#$11 #842 #investment #money
  • If I were you, I would bought a website that is already generating revenue.

    You can also invest in solo ads and build a list.

    There are many options.
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  • Profile picture of the author Sarevok
    First, be very hesitant to buy anything except traffic.

    I would personally work on building a very nice email funnel.

    Make the funnel promote high end products and low end products.

    If you have time? Build your own product.

    Have your low end product on the front end of the funnel, and then sell high ticket products on the back end.

    Once you have a nice funnel in place?

    Drive lots of traffic.

    Avoid the MLM and Network Marketing stuff. (You CAN integrate that into a funnel... But I think you'd be better off being different and unique).

    To summarize: Build a funnel. And drive traffic. Get as many people in your funnel as possible. Then track results.



    Work on improving your funnel.

    If you have the bandwidth? Create your own high-ticket products.
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    • Profile picture of the author Mikhail Hunter
      To add to what Sarevok said, you should do a product launch since when you get a sizable list.
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      • Profile picture of the author TerranceCharles
        You can find a couple of HIGH demand and branded domain names for cheap. Flip them for atleast double the price and profit. Or, you could find a website related to your true passion that is fairly priced and is already making money, buy it, monetize, grow more organic traffic to it and keep the profits, or sell it

        Listen, it doesn't even have to be Internet Marketing related, anything that you can find for a bargain, that has a high turnaround will keep you in profit.

        I have found and bought $399 laptop computers for $80 - $100 that were just missing a operating system, format it, clean it up, added a extra stick of ram, and sold it for $350 flat. It can work with anything, watches, digital cameras etc - just to give you some ideas on different flips offline and online. Test small, return BIG.
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  • Profile picture of the author Krstwo
    I wouldn't jump right in to investing it all I've made that mistake many times. I would definitely work on your own product or outsource to get a product made for you then list build, and get traffic etc around your product.
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  • Profile picture of the author Nightengale
    Put your money away. You don't need anywhere near that kind of money to get started.

    And you shouldn't spend ANY money until you know what kind of online business you want to start (which it sounds like you don't).

    Having no idea what you want to sell or WHO you're going to sell it to is BAD. Never go after a market based strictly on potential revenue.

    You need to know a lot more before you can hope to make money online.

    Clarity is a HUGE part of IM success. I hope this post brings some clarity. It's so simple when you know it -- and darn difficult when you don't! I owe my mentors a world of thanks for bringing this clarity.

    IM is actually pretty simple: you can sell only one of two things:

    1. Products
    2. Services

    That's it!

    And selling products or services online happens in the same basic way for everyone, no matter what they're selling:

    Traffic > Opt-in page > Autoresponder series (or e-zine) > Sales page

    That's it! It's just that simple. (We IMers tend to overcomplicate things.)

    But no matter what your niche is, or whether you're selling a product or a service, do you know what your business model is?

    A business model is the framework or skeleton of your business. Essentially there are three types of online business models:

    1. Membership-based model

    A membership-based business model allows you to build a community of people (your members) who are as passionate about your subject as you are. Your membership fees can be monthly or annual, but either way, you're building recurring, passive income.

    There are a lot of resources and information out there to help you build a membership-based business if you're interested in doing this.

    2. Product-based model

    Selling products allows you to maximize your time and effort by selling items over and over again. This can be hard goods or it can be information products. Information marketing is it's own business model under the product-based model. Information marketing allows you to take your brain to the bank by creating a product ONCE based on what you know and selling it over and over again.

    Affiliate marketing falls under both models. You can choose to market either products or services as an affiliate.

    3. Service-based model

    Selling services can be great for 1) generating quick cash (as in the case of article writing or video producing) and 2) establishing your expertise and getting testimonials.

    However, in the long run, your goal should be to offer services at a PREMIUM. The biggest advantage of IM is LEVERAGE. You're able to leverage your time, money and expertise exponentially online. We all have just 24 hours each day. Time to get ruthless about what you expect for those hours you spend in IM each day. Expect more of yourself and more from your business friends, clients, partners, etc.

    What results are you getting for those hours you spend online each day? Ultimately, your services should be at the bottom of your funnel and cost the most since they involve your time and personal attention. (We all have a limited amount of time each day.)

    The fun (and confusion) comes in with all of the endless mix-and-match possibilities of the above models. If you're just starting or still struggling to make money, keep it simple:

    Pick just ONE!

    1. Pick ONE niche. (Something you're interested in and know something about.)

    2. Pick ONE target market for your product or service. (Who will buy what you're offering? The more specific you are, the more you narrow it down, the more successful you'll be.)

    3. Pick ONE business model.

    Now that you're clear about what business you're in, FOCUS! (And stop buying any info not related to your niche and target market, period!)

    F -- Follow
    O -- One
    C -- Course
    U -- Until
    S -- Successful

    And remember: build a list, Build a List, BUILD A LIST!

    In IM, it's easy to put the cart before the horse. Take a deep breath, step back and consider what type of business you REALLY want. Don't worry about getting traffic or buying that expensive traffic product until you know 1) what your business model is, 2) what niche you're in and 3) WHO your target market is!

    Successful business people will tell you that MARKETING is more than half the effort that's needed for success anyway. So pick a niche, target market and business model. Then spend most of your time and effort marketing it.

    If you DON'T have a solid plan or system, THAT'S when it's hard. A good system will shave YEARS (and save you big $$$) off of your learning curve

    That's why I recommend investing in at least one good, comprehensive IM course (or mentor who will give you such a system) instead of jumping from one $37 e-book to the next. A lot of people here complain about not being able to make any money. But neither are they willing to invest in their business. (Buying a random bunch of $37 e-books doesn't count.)

    The best thing I ever did was invest in a comprehensive IM course aimed at REAL business owners, not just other IM wannabes. Yes it was $1500. (It's no longer available.) But it was truly some of the best A-Z IM info I ever bought. Everything else I've learned (from the $37 e-books) since has simply been plugged into this system.

    Get a solid plan or system and then work the plan!

    Hope this helps!

    Michelle
    Signature
    "You can't market here. This is a marketing discussion forum!"
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    • Profile picture of the author Davys
      Hello Michelle.
      Very good post... Kudos to you..

      Let me ask you a question. Where can I find a real mentor? or a training like the $1,500 you talked about?
      Thanks for your time
      Davys
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      • Profile picture of the author iLinkedin
        Originally Posted by Davys View Post

        Hello Michelle.
        Very good post... Kudos to you..

        Let me ask you a question. Where can I find a real mentor? or a training like the $1,500 you talked about?
        Thanks for your time
        Davys
        A real Mentors is all around you, in WF. There's alot of Success WF member here willing to give you mentoring with a little fee. Just asking them, show them your passion. $1,500 is big enough to invest in IM business. You can always create your own products or outsource with that money. Creating product is good way to start.
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    • Profile picture of the author celente
      Originally Posted by Nightengale View Post

      Put your money away. You don't need anywhere near that kind of money to get started.

      And you shouldn't spend ANY money until you know what kind of online business you want to start (which is sounds like you don't).

      Having no idea what you want to sell or WHO you're going to sell it to is a BAD. Never go after a market based strictly on potential revenue.

      You need to know a lot more before you can hope to make money online.

      Clarity is a HUGE part of IM success. I hope this post brings some clarity. It's so simple when you know it -- and darn difficult when you don't! I owe my mentors a world of thanks for bringing this clarity.

      IM is actually pretty simple: you can sell only one of two things:

      1. Products
      2. Services

      That's it!

      And selling products or services online happens in the same basic way for everyone, no matter what they're selling:

      Traffic > Opt-in page > Autoresponder series (or e-zine) > Sales page

      That's it! It's just that simple. (We IMers tend to overcomplicate things.)

      But no matter what your niche is, or whether you're selling a product or a service, do you know what your business model is?

      A business model is the framework or skeleton of your business. Essentially there are three types of online business models:

      1. Membership-based model

      A membership-based business model allows you to build a community of people (your members) who are as passionate about your subject as you are. Your membership fees can be monthly or annual, but either way, you're building recurring, passive income.

      There are a lot of resources and information out there to help you build a membership-based business if you're interested in doing this.

      2. Product-based model

      Selling products allows you to maximize your time and effort by selling items over and over again. This can be hard goods or it can be information products. Information marketing is it's own business model under the product-based model. Information marketing allows you to take your brain to the bank by creating a product ONCE based on what you know and selling it over and over again.

      Affiliate marketing falls under both models. You can choose to market either products or services as an affiliate.

      3. Service-based model

      Selling services can be great for 1) generating quick cash (as in the case of article writing or video producing) and 2) establishing your expertise and getting testimonials.

      However, in the long run, your goal should be to offer services at a PREMIUM. The biggest advantage of IM is LEVERAGE. You're able to leverage your time, money and expertise exponentially online. We all have just 24 hours each day. Time to get ruthless about what you expect for those hours you spend in IM each day. Expect more of yourself and more from your business friends, clients, partners, etc.

      What results are you getting for those hours you spend online each day? Ultimately, your services should be at the bottom of your funnel and cost the most since they involve your time and personal attention. (We all have a limited amount of time each day.)

      The fun (and confusion) comes in with all of the endless mix-and-match possibilities of the above models. If you're just starting or still struggling to make money, keep it simple:

      Pick just ONE!

      1. Pick ONE niche. (Something you're interested in and know something about.)

      2. Pick ONE target market for your product or service. (Who will buy what you're offering? The more specific you are, the more you narrow it down, the more successful you'll be.)

      3. Pick ONE business model.

      Now that you're clear about what business you're in, FOCUS! (And stop buying any info not related to your niche and target market, period!)

      F -- Follow
      O -- One
      C -- Course
      U -- Until
      S -- Successful

      And remember: build a list, Build a List, BUILD A LIST!

      In IM, it's easy to put the cart before the horse. Take a deep breath, step back and consider what type of business you REALLY want. Don't worry about getting traffic or buying that expensive traffic product until you know 1) what your business model is, 2) what niche you're in and 3) WHO your target market is!

      Successful business people will tell you that MARKETING is more than half the effort that's needed for success anyway. So pick a niche, target market and business model. Then spend most of your time and effort marketing it.

      If you DON'T have a solid plan or system, THAT'S when it's hard. A good system will shave YEARS (and save you big $$$) off of your learning curve

      That's why I recommend investing in at least one good, comprehensive IM course (or mentor who will give you such a system) instead of jumping from one $37 e-book to the next. A lot of people here complain about not being able to make any money. But neither are they willing to invest in their business. (Buying a random bunch of $37 e-books doesn't count.)

      The best thing I ever did was invest in a comprehensive IM course aimed at REAL business owners, not just other IM wannabes. Yes it was $1500. (It's no longer available.) But it was truly some of the best A-Z IM info I ever bought. Everything else I've learned (from the $37 e-books) since has simply been plugged into this system.

      Get a solid plan or system and then work the plan!

      Hope this helps!

      Michelle
      Awesome post on michelles stuff here.

      +1

      But see how she kept drilling into your brain BUILD a big ass list.

      What how you world and how everything changes when you do that.

      Go through the warrior and see how many of us senior warrior jump up and down and tell you to build your effin' list.

      and yet....no one is doing this. LOL.

      I was one of the ones that thought BUILDING A LIST WOULDNT WORK....I MEAN I CANT....RIGHT!?

      Oh! ye of little faith....building a list was so powerful for me, it gave me a wide open to get married finally, buy a house without a lending loan....and holiday anytime I want.

      List building for me, was not only smart, it changed my whole life and outlook on life. It was that ground breaking.

      My clients always ask, and I do not know why "when is the best time to build my list!?"

      TO WHICH MY RESPONSE IS ALWAYS....... "BLOODY YESTERDAY!...GET CRACKING!" LOL

      I guess you get my point.
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    • Profile picture of the author PixelClick
      Originally Posted by Nightengale View Post

      The best thing I ever did was invest in a comprehensive IM course aimed at REAL business owners, not just other IM wannabes. Yes it was $1500. (It's no longer available.) But it was truly some of the best A-Z IM info I ever bought. Everything else I've learned (from the $37 e-books) since has simply been plugged into this system.

      Michelle
      I don't have enough posts yet to thank you for your post, but that was the best, most concise advice I've seen for newbies. So... thanks!
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    • Profile picture of the author Lora Pierce
      Excellent post! F-O-C-U-S is exactly what to do. Just make sure that you love what you are doing and that your ethics are high.
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    • Profile picture of the author desley
      Originally Posted by Nightengale View Post

      Put your money away. You don't need anywhere near that kind of money to get started.

      And you shouldn't spend ANY money until you know what kind of online business you want to start (which it sounds like you don't).

      Having no idea what you want to sell or WHO you're going to sell it to is BAD. Never go after a market based strictly on potential revenue.

      You need to know a lot more before you can hope to make money online.

      Clarity is a HUGE part of IM success. I hope this post brings some clarity. It's so simple when you know it -- and darn difficult when you don't! I owe my mentors a world of thanks for bringing this clarity.

      IM is actually pretty simple: you can sell only one of two things:

      1. Products
      2. Services

      That's it!

      And selling products or services online happens in the same basic way for everyone, no matter what they're selling:

      Traffic > Opt-in page > Autoresponder series (or e-zine) > Sales page

      That's it! It's just that simple. (We IMers tend to overcomplicate things.)

      But no matter what your niche is, or whether you're selling a product or a service, do you know what your business model is?

      A business model is the framework or skeleton of your business. Essentially there are three types of online business models:

      1. Membership-based model

      A membership-based business model allows you to build a community of people (your members) who are as passionate about your subject as you are. Your membership fees can be monthly or annual, but either way, you're building recurring, passive income.

      There are a lot of resources and information out there to help you build a membership-based business if you're interested in doing this.

      2. Product-based model

      Selling products allows you to maximize your time and effort by selling items over and over again. This can be hard goods or it can be information products. Information marketing is it's own business model under the product-based model. Information marketing allows you to take your brain to the bank by creating a product ONCE based on what you know and selling it over and over again.

      Affiliate marketing falls under both models. You can choose to market either products or services as an affiliate.

      3. Service-based model

      Selling services can be great for 1) generating quick cash (as in the case of article writing or video producing) and 2) establishing your expertise and getting testimonials.

      However, in the long run, your goal should be to offer services at a PREMIUM. The biggest advantage of IM is LEVERAGE. You're able to leverage your time, money and expertise exponentially online. We all have just 24 hours each day. Time to get ruthless about what you expect for those hours you spend in IM each day. Expect more of yourself and more from your business friends, clients, partners, etc.

      What results are you getting for those hours you spend online each day? Ultimately, your services should be at the bottom of your funnel and cost the most since they involve your time and personal attention. (We all have a limited amount of time each day.)

      The fun (and confusion) comes in with all of the endless mix-and-match possibilities of the above models. If you're just starting or still struggling to make money, keep it simple:

      Pick just ONE!

      1. Pick ONE niche. (Something you're interested in and know something about.)

      2. Pick ONE target market for your product or service. (Who will buy what you're offering? The more specific you are, the more you narrow it down, the more successful you'll be.)

      3. Pick ONE business model.

      Now that you're clear about what business you're in, FOCUS! (And stop buying any info not related to your niche and target market, period!)

      F -- Follow
      O -- One
      C -- Course
      U -- Until
      S -- Successful

      And remember: build a list, Build a List, BUILD A LIST!

      In IM, it's easy to put the cart before the horse. Take a deep breath, step back and consider what type of business you REALLY want. Don't worry about getting traffic or buying that expensive traffic product until you know 1) what your business model is, 2) what niche you're in and 3) WHO your target market is!

      Successful business people will tell you that MARKETING is more than half the effort that's needed for success anyway. So pick a niche, target market and business model. Then spend most of your time and effort marketing it.

      If you DON'T have a solid plan or system, THAT'S when it's hard. A good system will shave YEARS (and save you big $$$) off of your learning curve

      That's why I recommend investing in at least one good, comprehensive IM course (or mentor who will give you such a system) instead of jumping from one $37 e-book to the next. A lot of people here complain about not being able to make any money. But neither are they willing to invest in their business. (Buying a random bunch of $37 e-books doesn't count.)

      The best thing I ever did was invest in a comprehensive IM course aimed at REAL business owners, not just other IM wannabes. Yes it was $1500. (It's no longer available.) But it was truly some of the best A-Z IM info I ever bought. Everything else I've learned (from the $37 e-books) since has simply been plugged into this system.

      Get a solid plan or system and then work the plan!

      Hope this helps!

      Michelle
      This is very, very good advice. Be careful. Be money wise. Avoid throwing money around at the first opportunity.

      As to a product - for a fraction of what you have available to invest, I would suggest a mobile app that is either fun or useful or both. However before deciding - do your research, research, research!!!!

      Quite a number of people would want to be in the position you're in when they start out - so my recommendation is: be an astute business owner. Making money online is indeed a business.

      The response re F.O.C.U.S. is also right on the mark. Whatever you decide to do - ensure you retain focus and you have a clear idea of
      • What you want to do
      • Who will benefit and exactly what are the benefits.
      • What problem are you providing a solution/s for.
      • How you would like to provide it - what format will this take i.e. book, app, software, course etc.
      • How will you market it
      • What is the best way to have the solution developed.
      • What other information do I need to know
      • You total cost (capital) outlay - include your time investment in here also
      • How much time are you willing to commit to allocating to what you want to do.
      • What do you want to achieve. Simply saying to make money is not good enough.
      Good Luck
      Signature
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    • Profile picture of the author LEIVA
      Originally Posted by Nightengale View Post

      Traffic > Opt-in page > Autoresponder series (or e-zine) > Sales page
      Can someone tell what means (or e-zine) ?
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  • Profile picture of the author macchiavelli
    I would invest $800 bucks in getting some campaigns going on FB in the dating niche and see which one converts better.
    That's how I got started.
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  • Profile picture of the author PerformanceMan
    I totally agree with this excellent advice:

    Traffic > Opt-in page > Autoresponder series (or e-zine) > Sales page

    Just use small amounts of Paid Traffic and start testing your funnel. That's an enormous amount of capital you have to test. Experiment!
    Signature
    Free Special Report on Mindset - Level Up with Positive Thinking
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  • Profile picture of the author truthseeker2013
    What is FB in dating?? I'm a newbie lol!
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  • Profile picture of the author tiimage
    Here's the challenge. $11k isn't a whole lot of money to create a business from. It'd be really easy to burn through that with some misguided advice and get little in return. Heck, testing alone could burn through that and leave you dimeless. The phrase knowledge is power is apt. The knowledge/wisdom part that your missing is far more valuable than your small cash pile.
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  • Profile picture of the author ZephyrIon
    Originally Posted by Andarawi View Post

    I have $11,842. What is the best investment for this money to build solid business and stable monthly income
    I have These options :

    1) BIM / EN
    2) List Building while promoting low priced products (e.g. WSO)
    3) My Top Tier
    4) Combination of the above three options with promoting

    Expert marketers opinions are highly recommended.

    Thanks
    Run the same campaign I'm running hit me up in a PM I'll hook it up. I'm slamming out 150%+ conversions in diet.
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    • Profile picture of the author DubDubDubDot
      Originally Posted by ZephyrIon View Post

      Run the same campaign I'm running hit me up in a PM I'll hook it up. I'm slamming out 150%+ conversions in diet.
      You're either fishing for sig clicks or looking for that "150%+" to go down by inviting competition. I doubt you're stupid, so that leaves only one.
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  • Profile picture of the author Randall Magwood
    Test small with different advertising venues, and scale things up budget wise when you observe the sites that are giving you the best results. Paid advertising is fast, and quite honestly.... you could only work 20-30 minutes a day, and make $5,000+ a month (profit) using paid advertising alone.
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  • Profile picture of the author Fazal Mayar
    Keep it build a WP blog and build it slowly.
    Signature

    Blogger at RicherOrNot.com (Make Money online blog but also promoting ethical internet marketing)

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  • Profile picture of the author misslenali
    i really think you should think about exchange those money to goldbars and then make a business with KB International... then you have your business AND your money
    Signature
    welcome to my place
    bestmlm.ws
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  • Profile picture of the author BinBinWu
    $10,000 Could make you win in any niche. You only need about 7k to rank 10 keywords on first page on Google with high competition keywords. 3k could be invested in creating high quality content, and high quality website design.
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  • Profile picture of the author DubDubDubDot
    Originally Posted by Andarawi View Post

    I have These options :

    1) BIM / EN
    2) List Building while promoting low priced products (e.g. WSO)
    3) My Top Tier
    4) Combination of the above three options with promoting
    So basically you have to choose between pyramid schemes and low priced WSO offers. I'm not sure pouring over $10,000 into either of these is the brightest idea.
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    • Profile picture of the author DubDubDubDot
      Originally Posted by igorhelpsyousucceed View Post

      Investigate mentoring, this is the ONLY way to get some results going..
      This forum has a "thanks" button. I wish it had a "BS" button.
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      • Profile picture of the author Tom B
        Banned
        You're asking the wrong questions.

        You should be asking these types of questions...

        What can I do to improve someone's life?
        What are people purchasing and why?
        What value do I have to offer that people would pay for?
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        • Profile picture of the author Frank Donovan
          Darn it! The idea I had requires an investment of $11,843. Guess you'll just have to go with the advice of Michelle or Mr. Cueball.
          Signature
          TOP TIP: To browse the forum like a Pro, select "View Classic" from the drop-down menu under your user name.

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  • Profile picture of the author Randy Bishop
    Banned
    [DELETED]
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    • Profile picture of the author DubDubDubDot
      Originally Posted by Randy Bishop View Post

      1. Forget "building a list"... leave that to the morons and bottom feeders
      Coming here and saying that..... you may as well go into a church on Sunday morning and preach Scientology.
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    • Profile picture of the author Nigel Love
      Originally Posted by Randy Bishop View Post

      1. Forget "building a list"... leave that to the morons and bottom feeders

      2. Build a website that has within it at least 10 income streams

      3. Remember that you reap what you sow... The race to wealth is a marathon, not a sprint. So go right ahead and plant some money seeds - seeds that in 10 years time will have blossomed into fields of revenue.

      4. DON'T market to marketers
      What is wrong with marketing to marketerss?
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      • Profile picture of the author LeslieZ
        Spend some money on a good mentor. You need to find one with a proven record that can teach you the business. You can go through that money quickly by trying this and trying that with no direction. And don't buy a million different products!

        A good mentor may cost $5,000 but if they are good, they will teach you how to make money for the rest of your life.
        Signature
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      • Profile picture of the author DubDubDubDot
        Originally Posted by Nigel Love View Post

        What is wrong with marketing to marketerss?
        There is nothing wrong with selling tools to the miners. But if the miners start to become skeptical of whether or not there's gold up in them there hills, you've got a problem. So these marketers that you are marketing to should have a career firmly in place if you want to secure your own long term stability.

        An equally serious problem is when groups are selling tools to one another and there are no miners. For example, "how to make money online by teaching others how to make money online so they can teach still more people how to make money online." If that sounds familiar, you are part of an extremely fragile market that has a 100% chance of eventual collapse.
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    • Profile picture of the author An Al
      Originally Posted by Randy Bishop View Post

      1. Forget "building a list"... leave that to the morons and bottom feeders
      If by moron and bottom feeders you mean companies like Amazon and Microsoft that engage in list building, may God some day make me the biggest bottom feeding moron the world has ever known.

      3. Remember that you reap what you sow... The race to wealth is a marathon, not a sprint. So go right ahead and plant some money seeds - seeds that in 10 years time will have blossomed into fields of revenue.
      10 years? Bwaaaaa ha ha ha ha ha ha ha ha ha......
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      • Profile picture of the author DubDubDubDot
        Originally Posted by An Al View Post

        If by moron and bottom feeders you mean companies like Amazon and Microsoft that engage in list building, may God some day make me the biggest bottom feeding moron the world has ever known.
        What would happen if each of those companies made email their primary sales vehicle?
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  • Profile picture of the author Nigel Love
    Hire the best website developer you can. That will eat up most of that cash. Whatever is leftover spend on advertising.
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  • Profile picture of the author svetod
    When I started in lead generation my best move was when I opened a credit card with £5k limit and invested everything in adwords and bing. I got about 100% ROI and invested everything again. There are products, where you can get lots of traffic and make earnings from the beginning.
    Any questions, just let me know!
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  • Profile picture of the author Nicole Sakoman
    Originally Posted by Andarawi View Post

    I have $11,842. What is the best investment for this money to build solid business and stable monthly income
    I have These options :

    1) BIM / EN
    2) List Building while promoting low priced products (e.g. WSO)
    3) My Top Tier
    4) Combination of the above three options with promoting

    Expert marketers opinions are highly recommended.

    Thanks
    Create some cheap WSO (up to $7)... some report or similar. Gather some of the leads from there. Your investment will be returned - for SURE!
    Set up your website, and make it really nice with graphics, and make it look professional (I used fiverr gigs for that). Add some content, hire a freelancers to make a great content on the site.
    Create a Facebook fan page, and set up a campaign and spend there 5$ daily on ads. Gather more leads from there, and fans. In the process you'll see what's working, and what's not working.

    DO NOT buy solo ads... you will rarely have some results with it (it is not what it used to be).
    DO NOT be silly and spend money on dragging every kind of traffic to your site. Build that slowly. Do not over optimize it, and do not buy gigs for it! keep it clean for 2, 3 months, because Google will easily deindex it.
    Make a videos (or buy it on fiverr), buy some HR views, and likes. Target long tail KW with smaller competition, and when it reaches #1 page of YT or Google, you'll get some visitors to your page from there (create a long... 500+ description with KW LSI and link to your webpage that you can track)

    You have enough money to slowly create a long term business (even if you spend half of the money making stupid mistakes).

    Do not chase quick money, and make some stabile business.

    And, of course... FOCUS!!!
    If you need more info... PM me

    Hope I was helpfull
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    site will be soon live...

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  • Profile picture of the author upnorthdad
    Put all but $50 in the bank. Find a niche - build a website - build a list - monetize. Don't blow your $!!
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    www.smartmoneydepot.com

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  • Profile picture of the author Slin
    Pay for a good web design, content, and get a good website rolling, throw up some good products and start paying for traffic.

    Then sit back and tweak your traffic sources until you are profitable.

    Then take a look at hiring an SEO firm and grow your traffic and profits.

    Don't know what else to do after that except do it again and again.
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