Make Money WITH Spending A Dime?

38 replies
Hey, I'm knew and this a curious and hopefully not stupid sounding question of mine. I just want to know how I can invest $500 or so into making residual income online. Even if it is baby income (5/10$ a day) it won't matter as long as I get more cash flow. And I don't want no bank CD's, savings account, etc.

So I'm talking more about internet profiting, i.e. methods where I don't have to get off my ass. I'll buy a website if it is cheap and insures steady (not ludicrous as often advertised in the description) income. I don't know much about PTC, websites, or programming either.

How do you people do it? Is this the place that YouTube commentators claiming they're friends make 86$ an hour dwell? And if so let me in on the secrets. I know clearly that is not how much I shall expect to make but that is what one probably has to tell others they'll make in order for one to make, maybe 1/10th of that online.

So anyway, inform me, please.


Please no spam or colluding/conspiring. SERIOUS ways. And I'm not gonna read no ebook.
#dime #investing #make #money #spending
  • Profile picture of the author Michael Franklin
    If you're trying to get cash returns with very little work, then I would suggest starting with the Websites For Sale Section here on WF or look at websites on Flippa. You will have to do your due diligence on the site metrics. Still, these sites are offering decent returns and there are lots to choose from.
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  • Profile picture of the author salegurus
    Originally Posted by WorkingMan77 View Post

    I just want to know how I can invest $500 or so into making residual income online.
    If by "residual" you mean passive then you should know that passive income does not exist.

    Originally Posted by WorkingMan77 View Post

    So I'm talking more about internet profiting, i.e. methods where I don't have to get off my ass.
    I don't know what you read or who you spoke to but unfortunately it does not work like that. All those sales pitches with the guy posing in front of 2 Ferrari's with an oceanfront mansion in the background are BS...

    Originally Posted by WorkingMan77 View Post

    How do you people do it? Is this the place that YouTube commentators claiming they're friends make 86$ an hour dwell?
    Once again you have been miss informed, although there are people here making good money the vast majority don't even make enough to cover expenses.

    Originally Posted by WorkingMan77 View Post

    And if so let me in on the secrets.
    There are no secrets, secret handshake or secret society.

    To be successful online you have to understand:

    IM is like any other BM business, if you think you can work 2 hours per week in your PJ's and sit back with the cash rolling in you are in for a surprise.
    Be prepared for long hours, sometimes tedious work.
    Be prepared to fail before you succeed.
    Be prepared to go weeks maybe many months without earning.

    If you are prepared to approach IM with the right mindset, hard slog and eagerness then you could profit big time.

    Anyway
    Good luck with your venture...
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    Think of how stupid the average person is, and realize half of them are stupider than that.

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    • Profile picture of the author NellyColby
      Originally Posted by salegurus View Post


      There are no secrets, secret handshake or secret society.

      To be successful online you have to understand:

      IM is like any other BM business, if you think you can work 2 hours per week in your PJ's and sit back with the cash rolling in you are in for a surprise.
      Be prepared for long hours, sometimes tedious work.
      Be prepared to fail before you succeed.
      Be prepared to go weeks maybe many months without earning.
      That's the whole truth about it. If you expect money without work, I suggest lotto is better. Unfortunately, or fortunately, dedicated work is rewarded sooner or later in IM. I hope you take the right way. Good luck!
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  • Profile picture of the author desley
    Wow, interesting questions and comments on what you will do and not do!!! Interesting responses.

    I think I agree with the respondent who said you would be better off taking the $500 and spending it on your girlfriend!!!

    So you want a nice website or what not, are not prepared to invest your $$$ or time in any type of learning; and have the complete expectation that the website will simply rock along all by itself and spit out regular and consistent small amounts of cash; whilst you sit back and party - have I got your question correct please?

    If so, then unfortunately you've somehow bought into all the BS that you don't have to do anything and you can live the free lifestyle all the while earning a passive income without any type of effort. This is point number 1.

    Point No. 2: The internet comes with its own risks and rewards; own triumphs and challenges; own efforts etc. The days are long gone when one could put up a website, sit back and expect the $$$ to simply roll in without undertaking any type of effort.

    My recommendations for what they're worth:
    1. You potentially could purchase a website already established with regular traffic flowing to the website; even here on WF - however as the respondent said - do your due diligence - ensure the metrics do prove what the seller is claiming. This will require effort on your part. If you're not willing to read an E-Book - are you willing to watch a few videos on the subject, so you know what you're looking for to be able to make an informed decision? If you're not willing to do your due diligence and understand the processes involved - keep your money in your wallet - you'll receive a better return by playing the poker machines!!!

    Take a small amount of money and invest this in the Warrior Room of this forum. Here you'll find heaps of information, you can digest at your leisure which will enable you to make more informed decisions on what is the best way to proceed; what is the best way to potentially allocate the remainder of your $500 and what actual effort you will be required to make.

    You could also use a portion of your $500 to pay outsourcers to do all the relevant tasks for the website for you. This way you can have your website and the associated tasks undertaken to earn you the $$$ you want; and be able to play with the time you wish to play.

    I guess what I'm saying is that investing any type of $$$ in any type of potential investment vehicle and having that investment vehicle consistently make you a profit, requires research, learning; either paying someone to do the tasks for you or take the time and approach you will put your energy & time into doing the associated tasks; and making informed decisions. You can't make an informed decision if you're not prepared to do your research and learn how to interpret said information.

    If you want to make money online, then regardless of the BS - you do have to learn some stuff; however avoid jumping on the next promo to say you'll make thousands of dollars and have the next best secret that nobody is talking about. Otherwise your $500 will disappear rapidly and you'll waste a lot of your time and energy.

    Thought of trying the FX market??? - nothing to do with websites, all about trading currencies. Even so, you will have to invest some time & $$$ and energy into your learning in order to be able to trade successfully, consistently and profitably.

    In conclusion:
    What usually happens with pipe dreams is they can come crashing down around your ears. Use the brain matter you have been given to do your due diligence, learn heaps and then decide what is the best way to invest your $500.

    In other words avoid gambling with your money and make an informed investment decision.

    Good luck.
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  • Profile picture of the author Chris Luck
    I'll keep this simple for you.

    Step 1 : Find a product you can promote as an affiliate with a recurring commission

    Step 2 : Make sure the product is at least $50/month recurring payout

    Step 3 : You only need (6 SALES) to get your $10/day passive income

    Step 4 : Use your money to promote the product to a targeted audience

    Step 5 : Sit back and watch the sales come in and the passive income compound

    This is seriously the EASIEST WAY to make money online, hands down.

    Just be smart about it.
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  • Profile picture of the author giganut
    This is a very common misconception about internet marketing, people come into IM thinking they are going to find some method that will bring them riches without much work at all, and a lot of people fail because of that. The reality of IM is that it's work, and lots of it.
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  • Profile picture of the author alexnob
    My advice is:
    1. Spend 200-300 to find a good coach and stick with him till you earn
    2. Spend 200-300 remaining to take action following the given plan. Then reINVEST every pennies you profit to boost it up (I will say for at least 6 months).
    Good luck (never mind you will earn money easily at the beginning)
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    • Profile picture of the author gamingthinktank
      Originally Posted by alexnob View Post

      My advice is:
      1. Spend 200-300 to find a good coach and stick with him till you earn
      2. Spend 200-300 remaining to take action following the given plan. Then reINVEST every pennies you profit to boost it up (I will say for at least 6 months).
      Good luck (never mind you will earn money easily at the beginning)
      The best advice...find a good coach.
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  • Profile picture of the author Wilter Quesada
    Originally Posted by Ken_Caudill View Post

    Take the 500 and buy something nice for your girl friend. It will be better spent.
    LMAO...Damn funny...:p
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    The average person puts only 25% of his energy and ability into his work. The world takes off its hat to those who put in more than 50% of their capacity, and stands on its head for those few and far between souls who devote 100%.
    -Andrew Carnegie

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  • Profile picture of the author WorkingMan77
    Ok. Where to find a "good coach"?

    And salegurus, that's not how my mindset is at all. I DONT believe in Ferrari's and oceansides and the 86$/hour pay the youtubers boast about. I was saying that's NOT the case.
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  • Profile picture of the author bostjan33
    Banned
    There is no such thing as "get rich by being lazy", lol. Those guys who make a shitload of money, work their butts off to make it. But there are also many webmasters who work and don't make a dime. So, if you think that you can just throw a couple of bucks, sit back and relax - well, point taken, right?
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  • Profile picture of the author Victor Edson
    You might like buying ads on facebook. You can link directly to offers and get paid when people play a game or sign up for an offer. If you don't want to read an ebook to learn more about it, give up now. You'll very likely lose your $500 first if you go in blindly.

    Any type of affiliate, amazon, cpa, or adsense monetized site would work if you bought content and seo daily. If you aren't familiar with these methods its a good sign you need to learn before you invest. Check out the Warrior Special Offer forum and you'll find literally hundreds of different people willing to cut your learning curve for a price. Good Luck, but be careful... its highly addictive once you start generating a few commissions lol._
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  • Profile picture of the author brettb
    Put it towards a down payment on a rental property. That's the best LONG TERM income strategy there is.
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  • Profile picture of the author goldenbold
    Try spend wisely your hard earned money.
    I am recommend you can work vendor on the some networks like as jvzoo or warriorforum or clicksure.
    You can also your money invest start working list building journey.
    Thanks
    Good luck!
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  • Profile picture of the author tretheraider
    My advice:

    Research, research, research then reseasrch some more. 4 months ago I knew nothing about anything related to the internet or how to make money online. Like others I have wasted money attempting to find short cuts. If I could do it over again I would not spend any money until I decided to outsource.

    Start by making your own website. This can be done with searches on here, youtube, and search engines. Then focus on content. Then monetize with various options. Start with something you know about.

    I started with a personal automotive photography blog and then branched out to internet marketing projects.

    I spent 1 month learning facebook ads. You most likely will lose money when starting out.

    Regardless, never quit learning. Join the war room here. Read everything you can get your hands on in there

    Best of luck!

    -Travis
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  • Profile picture of the author Martin Avis
    Originally Posted by WorkingMan77 View Post

    ... i.e. methods where I don't have to get off my ass.
    This is Internet marketing, not Internet magic. Everyone who is successful gets off their ass - even if it is to build something that will provide a more passive income in the future. but don't de deceived - 'passive' almost never means 'no work ever again'. In fact, the harder you work the more passive your income can become.

    Originally Posted by WorkingMan77 View Post

    ...let me in on the secrets.
    Ha! If only there were secrets! Forget that myth right away. There is stuff you know and stuff you don't yet know. The latter is not secret - it might be above your head though.

    Originally Posted by WorkingMan77 View Post

    And I'm not gonna read no ebook.
    That's a shame then because you have probably doomed yourself to failure with that closed-minded attitude. Education is critical to success. The right ebook can be worth thousands to you. But if you're not going to read any, then I guess you'll never know.

    Don't waste your $500. It isn't going to buy you success and spending it will probably just create another person who thinks everything about Internet marketing is scam and lies.

    Read the Warrior Forum (with an open mind), work out a strategy, get off your ass, and make it happen for yourself. It isn't hard work but it IS work.
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  • Profile picture of the author Danielle Murphyx
    Banned
    Patience, work, attention and constant learning and researching. But it's not easy.
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  • Profile picture of the author Rod Dinero
    You wont get very far with 500 bucks, save a little more
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  • Profile picture of the author Mr Bill
    The first thing I'd do is buy a War Room subscription and absorb as much as you can. Pretend you don't the rest and go looking for the answer with free information (read, read, read). Then, when you finally come across something that looks really good (maybe a WSO or coaching offer or Clickbank product) spend each dollar as though it was your last. The idea is to slow down your spending and spead up your learning. Pretending to be broke sharpens up your eye for good free information.

    I also like the idea of "find a good coach" but make sure you look into the coach as much as you can. Read as many previous posts of theirs that you can, search google, squint one eye until you're convinced. I suggest sending a potential coach a PM and see how they react. If they are hard to reach or don't respond in a friendly rational manner, thank them for their time and move on.

    For $500 (unless you already know exactly what to do) at this point I think your best best is to invest in education. Look into buying a money making website (by all means) but I think that you'll need thousands to buy a decent one with a proven (and real) track record.
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  • Profile picture of the author JohnTheJock
    Originally Posted by WorkingMan77 View Post

    So I'm talking more about internet profiting, i.e. methods where I don't have to get off my ass.

    Please no spam or colluding/conspiring. SERIOUS ways. And I'm not gonna read no ebook.
    The great Internet Marketing Secret is .....

    Get off your ass and learn as much as you can!

    And, God forbid ..... you may have to read an ebook or two.
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  • Profile picture of the author Greg guitar
    Originally Posted by WorkingMan77 View Post

    Hey, I'm knew and this a curious and hopefully not stupid sounding question of mine. I just want to know how I can invest $500 or so into making residual income online. Even if it is baby income (5/10$ a day) it won't matter as long as I get more cash flow. And I don't want no bank CD's, savings account, etc.

    So I'm talking more about internet profiting, i.e. methods where I don't have to get off my ass. I'll buy a website if it is cheap and insures steady (not ludicrous as often advertised in the description) income. I don't know much about PTC, websites, or programming either.

    How do you people do it? Is this the place that YouTube commentators claiming they're friends make 86$ an hour dwell? And if so let me in on the secrets. I know clearly that is not how much I shall expect to make but that is what one probably has to tell others they'll make in order for one to make, maybe 1/10th of that online.

    So anyway, inform me, please.


    Please no spam or colluding/conspiring. SERIOUS ways. And I'm not gonna read no ebook.
    Your question might get better responses if it was a better question.

    I'm not bothered by your comment about not wanting to get off your ass, but I suspect it turned a few people off. I assume you just meant you want to work from your computer, not go out knocking on doors to get clients, which is fine.

    The comment about wanting to buy a website for cheap that will "ensure" steady income, is a bit of a red flag, and suggests you aren't being realistic about risks and costs.

    If a website seller can prove their site makes steady money and has for some time (that still doesn't quite "ensure" it will for you though), then they aren't likely to sell at a price you'd call "cheap".

    Finally, I am completely puzzled by your statement "I'm not gonna read no ebook". Why would you even say that? Did you have a bad experience?

    Anyway, I strongly suggest you reconsider that ridiculous position. An ebook is simply a book in electronic form. Are you also "not gonna read no book", or is it just ebooks you're against? Regardless, both positions are unwise to put it mildly. One of the best investments you can make is in yourself, including information products (like ebooks), to help you learn new skills, understand more about marketing, etc.
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    • Profile picture of the author AllanJames
      Originally Posted by Greg guitar View Post

      Anyway, I strongly suggest you reconsider that ridiculous position. An ebook is simply a book in electronic form. Are you also "not gonna read no book", or is it just ebooks you're against? Regardless, both positions are unwise to put it mildly. One of the best investments you can make is in yourself, including information products (like ebooks), to help you learn new skills, understand more about marketing, etc.
      One of my favourite mentors was the late, great Jim Rohn and he would refer to 'the great mysteries of life'. For example, with all the wisdom of the world available free of charge in the local library, only 3% of the population has a library ticket. Why? One of the great mysteries of life. Is it a large part of why so many people end up broke and disappointing in life?

      Attitude, Education, The Right Tools and Action is everything.

      With $500 and wanting residuals without waiting for ever I recommend you either:

      1) Investigate Affiliate Marketing and promote the essential services all online marketers need for success (Hosting, Autoresponders, Structured Training etc.) There is a full suite of these tools and more that can be had for less than $50 a month. The tools (which you will need anyway) are available for you to use and you can make residuals by bring new clients in to the suite. Because the client renews their subscription monthly residuals are created.

      or ..

      2) Buy into a 'done for you' membership site where the member renews monthly to get the valuable information you provide. I do well with two membership sites, one providing Free Traffic Generation methods or the other teaching Email Marketing methods and strategies. Once again members of these sites renew monthly hence residuals.
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  • Profile picture of the author MartinPlatt
    Really, $500 isn't going to get you much. You usually sell things as multiples of their income, so they'd be really low for that sort of money.

    You'd be able to build a list, and purchase lots of solo ads or PPC / PPV traffic for that sort of cash, which would definitely start to earn you some residual income. But it isn't something that works without any effort.

    Having said that, I'm about to create a new product, called 'Magic Button' - when it's ready, buy it, and when you do, click it. Would you believe it, it will retail for exactly $500!
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  • Profile picture of the author Rob Maggs
    If I were you I'd be studying Facebook marketing and learning how to get really low priced clicks, that's what I'm looking at now. Not re-targeting because that has got costly, but uploading your contact emails and then marketing to them.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by Rob Maggs View Post

    If I were you I'd be studying Facebook marketing
    Maybe you missed the part of the OP's post where he explained that he's not even willing to read an e-book, Rob?

    Originally Posted by WorkingMan77 View Post

    And I'm not gonna read no ebook.
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  • Profile picture of the author wordpressmania
    You have so many questions. I remember I had the same feelings like you. The simple and probably the only answer for your questions is "work hard". Nothing is easy specially when you want to earn some money.
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  • Profile picture of the author joseph7384
    Originally Posted by WorkingMan77 View Post

    Is this the place that YouTube commentators claiming they're friends make 86$ an hour dwell? And if so let me in on the secrets.
    So anyway, inform me, please.


    Let me just say that I believe the YouTube commentators have a secret society here but they are very elusive, much like the Illuminati.:p

    They leave clues all over this forum, and for those who are smart enough to decipher the hidden messages that are scattered through out this forum, well lets just say that they have junked their Chevy Nova's to go on and purchase a Bentley.

    Now the question is do you want to drive a Nova or a Bentley, the choice is yours.
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  • Profile picture of the author kennytan
    There is no easy money without any efforts be done on your part. You'll need to learn how to build a list at the very first and start blogging based on your interest.
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  • Profile picture of the author Miers
    Facebook ads program makes for a very easy investment. Off course then you have to ask yourself what you will be promoting -- affiliate blog? Offline traffic.
    The easiest thing you can do with facebook ad traffic is build a list in a niche and market products to that list via jvzoo, clicksure, etc.

    Edit:
    I Dont agree about spending it all on your girlfriend.
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  • Profile picture of the author WorkingMan77
    Well what's clicksure? And how do you make money buying links? What do I have to do to make money that way?
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  • Profile picture of the author himanuzo
    Yes, you can make money online without spending money... but you need to prepare more time.. it is time consuming.

    You must think that your time is valuable! If you don't waste your time, so you need to consider for spending money as an investment.
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  • Profile picture of the author WorkingMan77
    My point in this thread is if it's said to be so hard to make money online without spending money, surely it must be easier to make it WITH spending money.

    I just need to know easier methods you guys use. The ways of making money that are free are usually painstakingly boring and tedious (filling out surveys, clicking ads) and pay very little. So making money with money must certainly be less boring. And I willingly am going to apply myself to any work it takes so long as it interests me. Only thing is I don't how to do it!
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    • Profile picture of the author AllanJames
      Originally Posted by WorkingMan77 View Post

      My point in this thread is if it's said to be so hard to make money online without spending money, surely it must be easier to make it WITH spending money.

      I just need to know easier methods you guys use. The ways of making money that are free are usually painstakingly boring and tedious (filling out surveys, clicking ads) and pay very little. So making money with money must certainly be less boring. And I willingly am going to apply myself to any work it takes so long as it interests me. Only thing is I don't how to do it!
      The fastest way to get into profit online is to promote (through advertising or buying targeted traffic) the essential services all online marketers must have to succeed (autoresponder services, hosting, ad and url tracking, training) as an affiliate marketer - and the best way to do it is:

      1) to encourage people to subscribe to an email newsletter, develop a great relationship with your subscribers then promote offers to them that match their needs and interests.

      or (better and faster)

      2) invest in a membership of an automated traffic and sales platform using the latest technology and methods that draws in targeted BUYER traffic.

      The choice between the two rests on how much of a a monthly budget you are willing to invest on a monthly basis, but don't think you are going to get far for free. Success involves investment, as it does in any business.


      This video at MediaFileShare by Joel Comm (a very experienced marketer) will explain what affiliate marketing is and give you many valuable pointers.
      Outrageous, crazy, funny, scary, interesting videos!

      Oh, and whatever you do make sure it contains structured training as part of the mix.

      I wish you well in your online career!
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    • Profile picture of the author Greenville
      Originally Posted by WorkingMan77 View Post

      My point in this thread is if it's said to be so hard to make money online without spending money, surely it must be easier to make it WITH spending money.

      I just need to know easier methods you guys use...
      It's funny that your name is "WorkingMan" and it seems that you are looking for easy money!

      But, I understand your point of view. However, if $500 is sufficient to start, it is not a lot of money. You can loose it very quickly.

      The best advices provided here are to find a mentor for about half of your budget and invest the other half in campaigns then reinvest your earnings. That's what I did 18 months ago and it has worked very well for me.

      About the easiest method, in my opinion, you should join a CPA network and promote offers on Facebook. Choose only ONE traffic source and no more than 3 niches to begin and stick with it until you master it.

      In addition to this, forget the easy money, treat your business like ... a real business. There is no other business that require less money to start, but like any other business, you must be willing to work if you want to succeed.

      I wish you the best!
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  • Profile picture of the author GaurabBorah
    "SYSTEM WORKS PEOPLE FAIL"
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  • Profile picture of the author duplication
    You can waste your money online or you can find real products to sell. With a little training you can become a player online maybe I could help you? Who knows?
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  • Try creating something static that can stand on it's own like a simple site that does something for example I use sites to look up things, you create it once and it works forever, or make research or compiled Kindle books they should be good on their own for years making you passive income and there are more but thing in those terms and come up with a realistic idea then shut the world off and do it. I barricaded myself for days to write my first ebook you just got to focus when you finally decide what action you will take and take it. Good luck.
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    soon people... Relax...
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  • Profile picture of the author Greg guitar
    Join the Warroom if you haven't already. Then you can browse through countless threads by people who believe their method is the easiest, fastest way to make money. And you can find a few that appeal to you, try them out and see what you like.

    There really isn't one "easiest way" for everyone. Some people love to make sites; others would prefer getting their teeth pulled. Some people have a field day with keyword research; someone recently had a thread looking for advice on outsourcing it because it was so "frustrating".

    There are almost as many "easiest", "best" methods as there are Warriors. But have you recanted your vow to not read any ebooks yet? I suggest you be willing to learn, and just start proactively looking for something that appeals to you, and dig in without too much time spent on the decisions about what to do; that's where most people get stopped; the planning becomes overwhelming, and they quit frustrated and exhausted before they ever get anything started.

    Also, please don't spend your $500; just start doing something small you can do for very little money. You won't save yourself having to work by spending all your money, and if the first thing you do fails, you might need that money for paying bills while trying the next plan.
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