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I have $1,000 but I don't want to get my hands dirty

by earlgray
69 replies
I'm looking to outsource or at least take a hands off approach to making some extra cash.

I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.

I don't have the time to log hours and hours building a site or writing articles. I have two jobs already and a family.

It would be great to just be able to pool my money with some other people's and give that to someone with a proven record and let him or his team do the work. I'm not sure that exists though.

Anyways, what do you guys suggest?
#dirty #hands
  • Profile picture of the author bmw040
    To be honest: To get that kind of return in 3 months with complete hands-off approach is pushing the "Reality Factor" a little.

    I am sure someone will take your money and promise you exactly what you request.

    I just hate to see anyone ripped off. Please beware!
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  • Profile picture of the author Andy Fletcher
    If you don't want to spend any time or effort and just want a passive return on your money your best bet is some kind of mutual fund that tracks an index.

    Unfortunately a good ROI on such an investment is ~20% a year averaged over many years.

    You won't see a 400% ROI inside 3-4 months without adding your expertise to it in some way. With time and input $1000 easily becomes $5000 in 3 months but then the costs are rather higher (ie your time).
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    • Profile picture of the author earlgray
      Originally Posted by Andy Fletcher View Post

      If you don't want to spend any time or effort and just want a passive return on your money your best bet is some kind of mutual fund that tracks an index.

      Unfortunately a good ROI on such an investment is ~20% a year averaged over many years.

      You won't see a 400% ROI inside 3-4 months without adding your expertise to it in some way. With time and input $1000 easily becomes $5000 in 3 months but then the costs are rather higher (ie your time).
      What kind of time? I might be able to manage an hour or 2, maybe 3 a day. But that's it.
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  • Profile picture of the author TimothyTorrents
    Well, it is going to be difficult to find a team of people who will be willing to set up such a business for you. Just the fact that you mentioned that you are willing to throw $1,000 at someone is going to attract a lot of people who would be happy to take your money and run.

    What I suggest, hire someone who can build a website, create a sales page, and a product, a simple eBook could be enough.

    Then, invest in paid traffic, send the traffic to your sales page, and watch as you begin to make sales. Don't forget to collect the email addresses of your buyers.

    You can do all this for a lot less than $1,000 without putting in too much work. I can't guarantee that it will make you $5,000 in 3 months but it is entirely possible.

    At least, that's what I would do...

    Good luck.
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    • Profile picture of the author earlgray
      Originally Posted by TimothyTorrents View Post

      Well, it is going to be difficult to find a team of people who will be willing to set up such a business for you. Just the fact that you mentioned that you are willing to throw $1,000 at someone is going to attract a lot of people who would be happy to take your money and run.

      What I suggest, hire someone who can build a website, create a sales page, and a product, a simple eBook could be enough.

      Then, invest in paid traffic, send the traffic to your sales page, and watch as you begin to make sales. Don't forget to collect the email addresses of your buyers.

      You can do all this for a lot less than $1,000 without putting in too much work. I can't guarantee that it will make you $5,000 in 3 months but it is entirely possible.

      At least, that's what I would do...

      Good luck.
      This is the kind of plan I was looking for.

      Now, finding those people and putting that together is what I would need help with. Do you know of a mentor or group that knows about this?
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      • Profile picture of the author TimothyTorrents
        Originally Posted by earlgray View Post

        This is the kind of plan I was looking for.

        Now, finding those people and putting that together is what I would need help with. Do you know of a mentor or group that knows about this?
        Nope, sorry.

        Do you know how to set up a website? You can find plenty of sales page templates that are extremely easy to set up without knowledge of html or web design.

        All you really need to do is just buy the domain, get a sales page template, hosting, and hire a copy-writer to write the book and sales pitch.

        Of course, you will need to do know what to write about and if there is a demand for such a product so shop around freelance marketplaces like Wanted - Members Looking To Hire You or Hire Freelancers & Find Freelance Jobs Online - Freelancer.com for someone who can conduct thorough niche research.

        So basically all you need is two people: someone who can conduct thorough research for a product and a copy-writer who can write all the content you need; product and sales page. Shouldn't be too difficult to find.

        I think you can set up the website and create paid traffic campaigns on your own, it does not require that much time.

        That's what I would do, I don't make millions of dollars from the internet, but I think this is a relatively solid plan.
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    • Profile picture of the author travlinguy
      Originally Posted by TimothyTorrents View Post

      Well, it is going to be difficult to find a team of people who will be willing to set up such a business for you. Just the fact that you mentioned that you are willing to throw $1,000 at someone is going to attract a lot of people who would be happy to take your money and run.

      What I suggest, hire someone who can build a website, create a sales page, and a product, a simple eBook could be enough.

      Then, invest in paid traffic, send the traffic to your sales page, and watch as you begin to make sales. Don't forget to collect the email addresses of your buyers.

      You can do all this for a lot less than $1,000 without putting in too much work. I can't guarantee that it will make you $5,000 in 3 months but it is entirely possible.

      At least, that's what I would do...

      Good luck.
      Hire someone who can build a website, create a sales page, and a product, a simple eBook? With money left over to invest in paid traffic? For lot less than $1000? On what planet?
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  • Profile picture of the author gsGolds
    You might not have heard, but you've gotta actually work pretty hard to earn income like you say. I find it hard to find people with proposition to invest in them like that, perhaps you should try to go up top once then find the people would start making a line for projects like that.
    If you have a $1000 to use, I would go the digital info road, to make a few bucks and feel what it's like. If you can break down the process and appoint the right people when you need them to do the work, you will find outsourcing any project pretty easy.

    theres one more overnight millionaire type of investment, is to find a good penny stock signal provider and trade there. etrade should open you an account if your initial is $1000
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  • Profile picture of the author BodySpace
    Banned
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    • Profile picture of the author earlgray
      Originally Posted by BodySpace View Post

      Stock markets crashed because of 400% profit in 4 months.
      As long as I get my money out before it crashes, I'm cool with that.
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  • Profile picture of the author cuie
    Originally Posted by earlgray View Post

    I'm looking to outsource or at least take a hands off approach to making some extra cash.

    I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.

    I don't have the time to log hours and hours building a site or writing articles. I have two jobs already and a family.

    It would be great to just be able to pool my money with some other people's and give that to someone with a proven record and let him or his team do the work. I'm not sure that exists though.

    Anyways, what do you guys suggest?
    That is just plain ridiculous target.

    If you are talking about investing (money, not time), getting 20 % return on your investment in a YEAR would be great. So for $1,000 you'd make $200 in one year.

    Of course with higher risk you can double or even triple your money in a year. But you can also lose it all. Try binary options / forex for example.

    But if you are not talking about investing but rather paying someone to do all the work and give you back 5x your initial cast: think about how much the other person would have to make out of it to justify the risk for their work.

    If you are talking about getting made-for-you products that you can start selling. Go to JVzoo.com and search "Setup my products". It costs $197 and you have everything set up. Then use the $803 to drive traffic to your funnel and "enjoy the profits"
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  • Profile picture of the author mrparesh
    Yes you can multiply your $1000 to $4000 but its not so easy you have to spend some time.
    From my point of view Design one website which is not more than $200
    and choose some micro services like Content writing,Review writing,Product description writing,SEO,Logo design,banner design,brochure design,business card design and post that services in your website and hire a SEO professional to rank your site in Google it may be take up to 6 month to become a good position in Google .and lets see your sales increase day by day and you will be earn a lot from this from your expectation but all the process will take minimum a year to pick up and once it pick up you will be earn huge amount. hope this help you Thanks.
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  • Profile picture of the author Des Lau
    Originally Posted by earlgray View Post

    I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.
    Invest in shares or put it towards property.

    IM is a dangerous game to 'invest' in, unless you are ready to roll your sleeves up and get dirty.
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    • Profile picture of the author Alex Blades
      I'm looking to outsource or at least take a hands off approach to making some extra cash.

      I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.

      I don't have the time to log hours and hours building a site or writing articles.
      Here ya go, just what you need need
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      But I knew the one thing I might regret is not ever having tried. "

      ~ Jeff Bezos

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      • Profile picture of the author earlgray
        Originally Posted by Alex Blades View Post

        Here ya go, just what you need need
        How fast did your 15 year old flip that $10 into $1900?
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        • Profile picture of the author Alex Blades
          Originally Posted by earlgray View Post

          How fast did your 15 year old flip that $10 into $1900?

          Took some time and very little work, had she stuck with it, she would have made alot more. She quit after the first day of building backlinks, but was fortunate it wasn't a saturated niche.

          She is a teen who doesn't care much for IM, but I tried
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          " I knew that if I failed, I wouldn't regret that.
          But I knew the one thing I might regret is not ever having tried. "

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          • Profile picture of the author mahnazkut
            Managing sites for somebody else is not same as you do it for yourself. your employee or freelancer would not do it as you would do. you should expect less efficient results than your own effort. But with luck and good niche, you could manage to make that money , but if luck is involved, risk is involved as well. Check bitcoin currency prices, if you could buy 100 bitcoin year ago $1 each now will return 100K. Similar risks.
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          • Profile picture of the author Tom B
            Banned
            Even if you are going to have websites and ebooks created for you, you still need the time to test out traffic, workout sales funnels, squeeze pages, etc... which can take up a lot of time.

            If you don't have time, you should save your money. Instead, I would concentrate on just getting traffic to affiliate offers. Get really good at traffic and it will open up the doors to your own products some day.

            That still requires you to spend time. A lot of time if you want to get good.

            This may not be for you.
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    • Profile picture of the author webbie
      Don't listen to everyone who says you can't turn $1K into $5K.

      The only problem is your time frame. It will probably take 3-4 months just to get started with a plan but after that you should start seeing a return on that investment and you'll realize that $5K plus a lot more after about 6 months - plus you'll build an asset that will generate an income of a few hundred a month up to $2K or more on good months - for a long time.

      The key is investing in "income producing digital assets"... these are assets that pay you each month. It can be setup so it's 80% passive - you still have some stuff to do but not much. The assets need to be managed and for that you need to spend some time or get a professional to manage it for you.

      BTW- I'm not talking about risky investments in stocks, options or any other financial instrument where you could lose your entire investment- I'm talking about solid, reliable business assets that retain value and produce a regular income.

      This is just an example: You buy a Sutter 500 Trail Dozer (an asset) and you rent it out. Besides a little maintenance you don't have too many expenses. Your only expense is the cost to purchase the asset initially - then you manage the asset to generate a monthly income. And if you get tired of it you can sell the asset and get your $1k back (maybe more).

      The only difference is this: I'm talking about digital assets, not physical one's.

      It's not only possible I've done it hundreds of times.

      PM me and I'll tell you exactly what you need to do.

      Dave
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      • Profile picture of the author Tom B
        Banned
        Originally Posted by webbie View Post

        Don't listen to everyone who says you can't turn $1K into $5K.
        That isn't what people are saying. They are saying you can't throw 1k and expect 5k without any work.

        PM me and I'll tell you exactly what you need to do.
        Why not post it here so everyone can learn?
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  • Profile picture of the author Nuno
    Rocket high or guaranteed return, you really need to pick one, you cannot have both in such short time.
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  • Profile picture of the author johnben1444
    In all fairness, your budget is okay but your income goal is not realistic.

    Whatever kind of business you do, it needs to gather momentum to grow.

    Would you be the one to find the niche, keyword research, web development?

    If you are outsourcing these to someone it will take a significant amount of the funds.

    If you are going to use free traffic to build up sales it's most likely going to take time to rank you for good keywords.

    If you want to use paid traffic it's quite expensive and you will or should be going on the path of list-building...

    It's not a rock-science..

    Steady as she blows as the sailor says.
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    • Profile picture of the author Kay King
      http://www.warriorforum.com/main-int...ce-needed.html

      What have you done in the six months since you asked that?

      http://www.warriorforum.com/main-int...ve-income.html

      http://www.warriorforum.com/off-topi...-you-dare.html

      Problem is you are asking the same question in the hope someone will hand you a magic bullet. Is $1k enough to start? Yes. Can you earn $5k in a few months? Yes.

      Can you do it without putting in time and effort of your own? No, you can't. Have you stuck with the sites you began a year or so ago? Have you worked on those projects a couple hours every week? Had you done that, you might have something you could monetize by now.

      If you truly have no time to spend - you'd be better off investing the money in mutual funds, stock market or whatever.

      You need to do a reality check on your resources, how much time you have available to work on this - and whether you have enough interest to keep you motivated even when schedules are tight.

      kay
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  • Profile picture of the author Alex Blades
    Don't listen to everyone who says you can't turn $1K into $5K.
    I don't think that is the problem, even though it's not easy but still possible. He has to put in the time to make sure that 1k turns into 5k, and that requires alot of testing. You just can't throw in 1k and get out 5k without building your own money machine, be it affiliate marketing, product creation etc...

    Why not post it here so everyone can learn?
    Maybe there is a $995.95 price tag that comes with it
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    But I knew the one thing I might regret is not ever having tried. "

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  • Profile picture of the author webbie
    Thomas- nice try.

    I don't mind helping one person out by sharing secrets that have taken me 15 years and tens of thousands of dollars to learn, but I'm not going to give it away to thousands by posting it on this thread - having it indexed in google, bing and yahoo lol.

    Gheesh if you don't understand that then I'm sorry.

    But the offer is open to anyone who PM's me. And there's no cost - zilch. Nada.

    Dave

    P.S By the way I never said it was a "secret"... you did haha
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    • Profile picture of the author Tom B
      Banned
      Originally Posted by webbie View Post

      Thomas- nice try.

      I don't mind helping one person out by sharing secrets that have taken me 15 years and tens of thousands of dollars to learn, but I'm not going to give it away to thousands by posting it on this thread - having it indexed in google, bing and yahoo lol.

      Gheesh if you don't understand that then I'm sorry.

      But the offer is open to anyone who PM's me. And there's no cost - zilch. Nada.

      Dave
      Dave, I am not trying anything. Go ahead and share those secrets in pms. I am sure they will find their way to the forum eventually.

      I imagine there are not much secrets that haven't already been discussed openly on this forum.

      I have been at this for a long time as well and most secrets really are not secrets.
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      • Profile picture of the author webbie
        Thomas, no problem.

        Yes, they probably will be shared. But I'd rather not be the person sharing them.

        ;Oh and you're right -- there are no such thing as "secrets" to someone who already knows everything there is to know and has been at this for a long time.

        But if there's a anyone who's not sure what to do I'd be more than willing to help them out.

        Dave
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    • Profile picture of the author Tom B
      Banned
      P.S By the way I never said it was a "secret"... you did haha
      No, I didn't say it was a secret. You made the the secret statement. You trying to jedi mind trick me?


      I don't mind helping one person out by sharing secrets that have taken me 15 years and tens of thousands of dollars to learn, but I'm not going to give it away to thousands by posting it on this thread - having it indexed in google, bing and yahoo lol.
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  • Profile picture of the author JRJWrites
    Originally Posted by earlgray View Post

    Ideally I'd like to see that become about $5,000 in the next 3 or 4 months. What do you guys suggest?
    Cheat a little old lady. That's the only way you'll make that kind of money.
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    • Profile picture of the author Tom B
      Banned
      Originally Posted by jrjohn View Post

      Cheat a little old lady. That's the only way you'll make that kind of money.
      I take back what I originally said. This would be a secret that probably hasn't been shared on this forum.
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  • Profile picture of the author bradudan
    try to do some forex trading if you want to make such a fast return.
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    • Profile picture of the author Alex Blades
      Cheat a little old lady. That's the only way you'll make that kind of money.
      It is very possible to make 5k in 4 months, but he will have to put in the time and effort to build his own money machine. He could build a small affiliate site that makes one or two sales a day, or $40 a day, and reach that goal. But he will have to build that site, and make sure it's get steady targeted traffic to it.

      Now cheating an old lady with get you lumped up, old people don't play games anymore

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  • Profile picture of the author WarTiger
    Originally Posted by earlgray View Post

    I'm looking to outsource or at least take a hands off approach to making some extra cash.

    I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.

    I don't have the time to log hours and hours building a site or writing articles. I have two jobs already and a family.

    It would be great to just be able to pool my money with some other people's and give that to someone with a proven record and let him or his team do the work. I'm not sure that exists though.

    Anyways, what do you guys suggest?


    When you find out can you please let us know too :-)
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  • Profile picture of the author dengkane
    Spend several hundreds to build a good sales funnel, and then promote it with remaining money.

    This is a proven way, but not guaranteed to make you money.

    You have to learn how to sell, how to market, how to fine tune your sales funnel to get best results, etc.
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    • Profile picture of the author wizardergel
      Originally Posted by dengkane View Post

      Spend several hundreds to build a good sales funnel, and then promote it with remaining money.

      This is a proven way, but not guaranteed to make you money.

      You have to learn how to sell, how to market, how to fine tune your sales funnel to get best results, etc.
      nice one-----i need more info about this im newbie here
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      • Profile picture of the author Mary Greene
        Webbie, AKA Dave Vallieres, introduced me to Internet Marketing in 1999, becoming my first online marketing mentor. Dave is unusually smart and multi-talented, tracking what works and what doesn't every step of the way. He's made an excellent living investing and marketing, all while enjoying a close relationship with his family.

        One of Dave's "secrets" is a keen understanding of human psychology, a skill he uses to make himself and his customers successful. He knows people don't value what's free and downloaded with a single absent-minded click. Notice he's also generous, offering to share the big picture with anyone who sends him a PM. Above all, he's a master of the licensing and reselling of original products, a good way to multiply assets.

        Sometimes, even people looking for a quick buck with little personal effort do end up enjoying or outsourcing the work. The motivation they need is a clear business model offering LEVERAGED profits.

        Working smart instead of just working for a one-time payoff is realistic. Dave's business model offers more rewards and fewer risks, so it's worth exploring. I count myself lucky to know him after 14 years.

        Cheers,
        Mary Greene
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    • Profile picture of the author Lurk
      Originally Posted by Des Lau View Post

      Invest in shares or put it towards property.
      what shares for $1000? what property for $1000?

      Originally Posted by dengkane View Post

      Spend several hundreds to build a good sales funnel, and then promote it with remaining money.
      where can you get a sales funnel created for several hundred?
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      • Profile picture of the author Alex Blades
        what shares for $1000? what property for $1000?
        Lol, I was thinking the same thing

        His best bet would be to try PPC, but I doubt he will get that ROI without extensive testing, and even with that, 5k return on a 1k investment is bit too high.

        The only investment that I know that can yield that kind of ROI with out much work, is selling drugs
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        • Profile picture of the author Nuno
          But again shares, property or PPC don't give a guaranteed profit, especially so high, in such a short period.
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      • Profile picture of the author malcsimm
        Originally Posted by Lurk View Post

        what shares for $1000? what property for $1000?
        where can you get a sales funnel created for several hundred?

        All good questions! haha!

        I thought I was doing well to get 40% return on shares since June this year. But 400% ROI is not on.

        How do I do 40% in half a year on shares? It stars with a subscription to Quantum Leap share tipping magazine. It's very good. Then I choose ten shares (enough to spread the risk, not too many to keep a bit of an eye on. Then I don't do much - just a quick check now and again.

        My top share is up 300% since January 2012 - 23 months. But even that's not 400% ROI in 3-4 months, darn it. :|

        Malc
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  • Profile picture of the author proptree7
    Banned
    If I were you I'd go to the JV section and fund a WSO, it costs just $40 and you could end up making $150 to $200 on the very first day and you won't be spending more than an hour.
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  • Profile picture of the author Nuno
    The problem IS the guaranteed part and the time frame. The only way to do it is by cheating someone, as it was said.
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    • Profile picture of the author successproducts
      I agree with Webbie because I received his message hehehe - every suggestion on, here can't guarantee you 5K return on your investment but one, and that was from Webbie post. PM the guy to find out.

      Having a website and a product don't mean sales - I followed many techniques, and I am "expert" in carrying them out but sometimes I can't duplicate the success strategy from someone else.

      Forex is dead - if you have no idea how to trade -

      Amazon site is dead if you don't know how to choose the product and/or bring traffic to your site.

      Fb ad - yeah - I placed great ads - but my final product just doesn't fit what my ad said - I guess- so I paid Fb click but no sales -

      So you see nothing is as black and white when it comes to making money online.

      Do not perpetually expect push button solution - never happen! If there evermore it's a fluke of nature and not law of averages.
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  • Profile picture of the author technician27
    If I were I would set up wordpress based site selling 1 or 2 products like e-book etc and pay $5 to $10 per month for hosting and spend rest of the money on google and facebook ads for targeted traffic. If you offer quality product you will make a lot money. If you are dreaming to make 3-5k within a few months by spending $1000 you won't get anywhere. WAKE UP DREAM OVER
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  • Profile picture of the author drr
    I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.

    Experience says, you'll most likely lose it all with that attitude :/

    $1k is buttons in todays business world.
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  • Profile picture of the author seonutshell
    You could do it easily. Start a service that you are good at (writing articles?,GFX?) and use the $1000 to promote it. You could use adsense, facebook ads, Classified ads, Warrior for hire thread etc
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  • Profile picture of the author Christopher Fox
    Nevermind. Wrong thread. From the title, I thought someone needed my services as a contract killer.

    Best of luck finding a solution of how to throw $1000 at the internet and have a magical money tree sprout, as you turn your back, walk away and ignore it. You are looking for an investment. Sure, IM is an investment - a buisiness investment.

    The chasers of money, the black hatters, the system followers, are in an eternal chase, trying to stay one step ahead of foreseeable changes. The people that actually invest for stable, long term success, are focused on starting and/or maintaining a business.

    By getting their hands dirty. You are a good decade too late for the easy pickings, dude. Now you have to get out the shovel, dig a little bit and get yer grubby meathooks dirty ...
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  • Profile picture of the author NewParadigm
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    In a moment of decision the best thing you can do is the right thing. The worst thing you can do is nothing. ~ Theodore Roosevelt

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  • Profile picture of the author dewayneboyd
    Originally Posted by earlgray View Post

    I'm looking to outsource or at least take a hands off approach to making some extra cash.

    I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.

    I don't have the time to log hours and hours building a site or writing articles. I have two jobs already and a family.

    It would be great to just be able to pool my money with some other people's and give that to someone with a proven record and let him or his team do the work. I'm not sure that exists though.

    Anyways, what do you guys suggest?
    I'd do the work if you were being realistic. 5x profits is not what most businesses make, and saying you want it in 3 to 4 months is just bananas.
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  • Profile picture of the author Defacto
    Learn media buys and go hog wild. Personally I recommend 50onred. Deposit their minimum of 500 at a time and start slowly. You could make your profit margin and have lots of fun in the process. Plus I guarantee you will learn lessons...
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  • Profile picture of the author Randall Magwood
    Based on what you're saying and your goals.... you shouldn't outsource anything. I would stick with effective forms of paid advertising. PPC, blog advertising, websites, offline marketing, etc.
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  • Profile picture of the author thedanbrown
    Hey earl grey, I suggest you look into licensing a product, and then sending paid traffic to it. That is the only way I know of to really make hands off income, it's like buying a mcdonalds franchise.
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  • Profile picture of the author Samuel Adams
    Maybe drop shipping on Ebay is the answer you are looking for. As you won't need to invest into any products before they are bought and the manufacturer will ship to your customer. You could hire a virtual assistant to put up your auctions on eBay (such as paid per auction listing) and then check/fulfill the orders yourself at the manufacturer site or have your assistant do that. This might be as close to hands off money making as you could find.
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  • Profile picture of the author Rod Dinero
    Learn mobile ppc, the traffic is very cheap and you can get penny clicks, spend 200 bucks failing and learning, then spend the rest of your money making a nice profit
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  • Profile picture of the author CharlesL
    If it was that easy, don't you think everyone would be doing it? Guess what: there is no magic formula for turning 1k into 5k in 3 months. But you already knew that, didn't you?
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  • Profile picture of the author theemperor
    Buy bitcoins after the next mini-crash. Hold and sell them high.

    It is internet marketing - you will be selling a digital product called a 'bitcoin' to a hungry market.
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  • Profile picture of the author RQM11
    Originally Posted by Ken_Caudill View Post

    Yeah, I'd like to quadruple my cash every few weeks, too.

    Let me know how you do.
    Hmm my Partner turned $1200 in solos into $8500 in Affiliate commissions in 4 weeks and am on track to repeat with no end in sight... is that quadrupling cash every few weeks?
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    • Profile picture of the author Lurk
      Originally Posted by RQM11 View Post

      Hmm my Partner turned $1200 in solos into $8500 in Affiliate commissions in 4 weeks and am on track to repeat with no end in sight... is that quadrupling cash every few weeks?
      Picture you have amnesia and $1000. No connections and starting from scratch. Could you repeat what your partner done with no set up?
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      DONT USE TIME CARELESSLY FOR IT CANNOT BE RETRIEVED. -LURK

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  • Profile picture of the author Lurk
    OP did pose an interesting question on some levels.

    How much would it cost to take a hands off approach to start an IM business ?
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  • Profile picture of the author brutecky
    Originally Posted by earlgray View Post

    I'm looking to outsource or at least take a hands off approach to making some extra cash.

    I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.

    I don't have the time to log hours and hours building a site or writing articles. I have two jobs already and a family.

    It would be great to just be able to pool my money with some other people's and give that to someone with a proven record and let him or his team do the work. I'm not sure that exists though.

    Anyways, what do you guys suggest?
    500% return in 4 months without working eh? Save yourself the disappointment and buy something for your wife instead.
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  • Profile picture of the author ua67
    I can't believe how many people think it cannot be done.

    I have a sound plan for turning $1,000 into $5000. It actually turns around $700 into $5,000 in not 3 or 4 months but 8 weeks and it takes virtually no work. It can all be outsourced very cheaply.

    Brief summary:

    It involves creating 8 simple static html websites (which can be created in around 30 mins using my copy/paste system), driving cheap targeted PPC (using a source no one talks about much which I'm not revealing here as it took me ages to find it) and getting each site earning around $100/ a month in profits. I have a couple of ways to monetize each site, both produce around $100/month per site.

    At the end of 2 months the 8 sites are sold for $500 each on Flippa.

    8 x $500= $4,000+$1600 profits from 8 sites over 2 months = $5,600

    Take off Flippa fees /hosting/domain, ppc,outsourcing costs etc. and you're left with around $5,000.

    Repeat as often as you like.
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    • Profile picture of the author brutecky
      Originally Posted by ua67 View Post

      8 x $500= $4,000+$1600 profits from 8 sites over 2 months = $5,600

      Take off Flippa fees /hosting/domain, ppc,outsourcing costs etc. and you're left with around $5,000.

      Repeat as often as you like.
      1) Even when you outsource work there is no such thing as 'hands off' someone has to act as project manager.

      2) Your solid plan has some very suspect math. 8 Flippa fees ($29 +5% of $500) would be $432 lets say you got the 8 sites done for the minimum Elance fee of $20 (you wont though) thats another $160, so your up to $592. So your saying you drove PPC traffic to 8 sites for 2 months for $8 (50 cents per month per site). Sorry I dont think so.

      3) Your ROI calculation is super flawed. $1600 per month from 8 sites over 2 months. Sounds correct if 8 sites each make $100 per month for 2 months right? Wrong. Since this assumes the sites will instantly be made, and will instantly be making money from the second they are made. Not going to happen.

      4) This assumes that the sites will sell. No guarantee on that at all. This assumes that each site will make $100 per month (instantly by the way). No guarantee on that at all.

      Sorry man you 'plan' does not sound very solid at all. It sounds more like 'theory' to me, and poor theory at that.

      Sure you can take $1000 and turn it into $5000 in 4 months. People do it all the time, both on the internet and in real world business. They problem is you cant do it without working, which is what the OP wants.
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  • Profile picture of the author pstarsky
    Originally Posted by earlgray View Post

    I'm looking to outsource or at least take a hands off approach to making some extra cash.

    I have $1,000 I'm willing to put into a project. Ideally I'd like to see that become about $5,000 in the next 3 or 4 months.

    I don't have the time to log hours and hours building a site or writing articles. I have two jobs already and a family.

    It would be great to just be able to pool my money with some other people's and give that to someone with a proven record and let him or his team do the work. I'm not sure that exists though.

    Anyways, what do you guys suggest?
    If you can get your head around Affiliate marketing and List Building, then you'll know where to put your money. You could make a solid list out of that money and turn that $1000 into $5000 in no time at all, and continue to make money off it in the future.
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  • Profile picture of the author Alex Blades
    I can't believe how many people think it cannot be done.
    Everybody knows it can be done, they are saying it can't be done without a plan in place. You can't throw in 1k and say you want 5k in return without getting your hand dirty, this isn't Burger King, you can't have it your way.
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    But I knew the one thing I might regret is not ever having tried. "

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    • Profile picture of the author Richard Van
      Originally Posted by ua67 View Post

      I can't believe how many people think it cannot be done.

      I have a sound plan for turning $1,000 into $5000. It actually turns around $700 into $5,000 in not 3 or 4 months but 8 weeks and it takes virtually no work. It can all be outsourced very cheaply.

      Brief summary:

      It involves creating 8 simple static html websites (which can be created in around 30 mins using my copy/paste system), driving cheap targeted PPC (using a source no one talks about much which I'm not revealing here as it took me ages to find it) and getting each site earning around $100/ a month in profits. I have a couple of ways to monetize each site, both produce around $100/month per site.

      At the end of 2 months the 8 sites are sold for $500 each on Flippa.

      8 x $500= $4,000+$1600 profits from 8 sites over 2 months = $5,600

      Take off Flippa fees /hosting/domain, ppc,outsourcing costs etc. and you're left with around $5,000.

      Repeat as often as you like.
      Remember the OP currently has two jobs and no time.

      Who is the mug you pay $600 every two months to build 8 sites, manage the PPC campaigns, see how much you make on Flippa while you do f*** all and happily sends you the five grand profit?

      Actually, that's under $600 because we still have to take off Flippa fees/hosting/domain, PPC, etc.

      Repeat as often as you like
      Or until the people you outsource to realise they're having their pants pulled down.

      Seriously, how long will they continue to be a mug before they wake up and realise you do nothing and make all the cash and they do all the work for very little?
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      Wibble, bark, my old man's a mushroom etc...

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      • Profile picture of the author Tom B
        Banned
        It's kind of funny how some people can't comprehend written posts yet feel they can give step by step advice on how to make money.

        I hope they aren't coaching people.
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  • Profile picture of the author Lurk
    I definitely cant comprehend some of the things being thrown around in here.
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    DONT USE TIME CARELESSLY FOR IT CANNOT BE RETRIEVED. -LURK

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  • Profile picture of the author Alex Blades
    4) This assumes that the sites will sell. No guarantee on that at all. This assumes that each site will make $100 per month (instantly by the way). No guarantee on that at all.
    He also assumes that getting "cheap targeted traffic" is easy, as if you just type in a keyword, put a penny as your max bid, and "cheap targeted traffic" starts pouring in

    To get cheap clicks you have to spend time and money to sort out the good traffic, from the massive amounts of junk traffic, you could easily blow through that 1k without making one cent back
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    " I knew that if I failed, I wouldn't regret that.
    But I knew the one thing I might regret is not ever having tried. "

    ~ Jeff Bezos

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