$40 to Spend, Where Would YOU put it?

34 replies
If you would be so kind, please let me know what your strategy would be if you wanted to get the most bang for your buck with $40 (do the most good or get the most traffic).

Would you boost a post on a page on Facebook? Buy some Fiverr gigs? Buy some articles and guest post them somewhere?

Let me know what YOU could do the most good with and why, there are no wrong answers so relax and have some fun! :-)

Peace,
EarL J
#$40 #put #spend
  • Profile picture of the author Rod Cortez
    Originally Posted by EJ Lear View Post

    If you would be so kind, please let me know what your strategy would be if you wanted to get the most bang for your buck with $40 (do the most good or get the most traffic).

    Would you boost a post on a page on Facebook? Buy some Fiverr gigs? Buy some articles and guest post them somewhere?

    Let me know what YOU could do the most good with and why, there are no wrong answers so relax and have some fun! :-)

    Peace,
    EarL J
    Forty bucks won't get you much traction, I would use it to purchase Dave Ramsey's Money Makeover and follow his advice and baby steps to handing one's financial matters first (paying off debt, having an emergency fund, funding your retirement, etc.).

    And then, and only, then would I even think about investing in things for my business.

    RoD
    Signature
    "Your personal philosophy is the greatest determining factor in how your life works out."
    - Jim Rohn
    {{ DiscussionBoard.errors[8861933].message }}
    • Profile picture of the author Andrew Stevens
      100% I think the absolute best way to spend $40 would be launching your own WSO. It cost exactly $40. I can pretty much guarantee you will make a profit and even if it isn't a huge success, you will learn a lot just by jumping in and doing it. I don't know if you are into web design, but your signature seems to imply that. You could launch a graphic design or web design WSO. Otherwise you will blow through $40 pretty fast with nothing to show for it with most other methods.
      {{ DiscussionBoard.errors[8861944].message }}
      • Profile picture of the author EJ Lear
        Thank you for all your suggestions, I'm actually doing one of them now, I'm boosting a post on Facebook to try and get my business page likes over 1000. It will take a miracle to do though, it's not working very well so far! LOL

        No worries, thanks again!

        Respectfully,
        EJ
        {{ DiscussionBoard.errors[8861963].message }}
      • Profile picture of the author Rod Cortez
        Originally Posted by Andrew Stevens View Post

        100% I think the absolute best way to spend $40 would be launching your own WSO. It cost exactly $40. I can pretty much guarantee you will make a profit and even if it isn't a huge success, you will learn a lot just by jumping in and doing it. I don't know if you are into web design, but your signature seems to imply that. You could launch a graphic design or web design WSO. Otherwise you will blow through $40 pretty fast with nothing to show for it with most other methods.
        I just want to clarify if someone is a first-timer they'll need to invest $37 for the War Room and then $40 to list the WSO.

        RoD
        Signature
        "Your personal philosophy is the greatest determining factor in how your life works out."
        - Jim Rohn
        {{ DiscussionBoard.errors[8861964].message }}
      • Profile picture of the author brutecky
        Originally Posted by Andrew Stevens View Post

        100% I think the absolute best way to spend $40 would be launching your own WSO. It cost exactly $40. I can pretty much guarantee you will make a profit and even if it isn't a huge success, you will learn a lot just by jumping in and doing it. I don't know if you are into web design, but your signature seems to imply that. You could launch a graphic design or web design WSO. Otherwise you will blow through $40 pretty fast with nothing to show for it with most other methods.
        This is probably the best advice given. However your question is where would I put it? Me personally Id take my lady to the movies and then make her a nice dinner afterwords (cant get both for only $40) .. $40 is not enough to really start any kind of IM business with.
        {{ DiscussionBoard.errors[8861981].message }}
        • Originally Posted by brutecky View Post

          $40 is not enough to really start any kind of IM business with.
          Which was really the point of my post above as well.
          Signature
          Arnold Stolting - Stolting Media Group
          "I LOVE The Song! The Vibe Is Positive And Firm!" - Kymani Marley. (Son of Bob Marley)
          "Keep Up The Good Work!" Tony Lindsay - Lead Vocalist, Carlos Santana.

          "Very High Quality!" Jeremy Harding - Manager / Producer. Sean Paul.
          "They Are FANTASTIC!" - Willie Crawford.

          {{ DiscussionBoard.errors[8861987].message }}
        • Profile picture of the author Cyberkntsean
          For Most Good I would.. Donate To The Philippines Typhoon Fund
          {{ DiscussionBoard.errors[8862009].message }}
  • I would go out into the cold and buy 40 homeless people a cup of hot chocolate.
    Signature
    Arnold Stolting - Stolting Media Group
    "I LOVE The Song! The Vibe Is Positive And Firm!" - Kymani Marley. (Son of Bob Marley)
    "Keep Up The Good Work!" Tony Lindsay - Lead Vocalist, Carlos Santana.

    "Very High Quality!" Jeremy Harding - Manager / Producer. Sean Paul.
    "They Are FANTASTIC!" - Willie Crawford.

    {{ DiscussionBoard.errors[8861976].message }}
  • Profile picture of the author MatthewM
    I'd probably order a pizza with all the toppings. When I pick it up, I'd ask for a application for pizza delivery job.

    Deliver pizzas till I save up $2000.

    Set up 20 $100 ad campaigns over the next couple of months to gain some experience. Reinvest all my profits back into buying more advertising. Mostly solo ads.


    Option 2: This was already mentioned by Andrew Stevens. It appears you have some technical talent. Perhaps a custom landing page design or graphic pack or custom graphic service wso would make you some seed money so you can really take paid advertising or paid promotional methods more seriously.
    {{ DiscussionBoard.errors[8862002].message }}
  • Profile picture of the author rmolina88
    Bump up one of my WSO threads or use it for a new one.
    {{ DiscussionBoard.errors[8862119].message }}
  • Profile picture of the author ServicesForIM
    Get hosting and an autoresponder. Both are cheap to start you could probably get each for $1 for the first month.

    After that you could use the $38 to buy Facebook Ads for the keywords that relate to your website.

    Hopefully it will generate some additional revenue for you to repeat the advertising step.

    Good luck $40 is a tough place to start.

    Kate
    {{ DiscussionBoard.errors[8862158].message }}
  • Profile picture of the author nicholasb
    assuming you have a good offer and know proper targeting, I'd do a promoted page post PPC in Facebook, that will give you the most bang for your buck if you do it right.

    You'll need a good offer, you'll need to target the right audience, and you'll need a good story
    {{ DiscussionBoard.errors[8862627].message }}
  • Profile picture of the author mrrightme
    throw the money to adwords.
    {{ DiscussionBoard.errors[8862718].message }}
  • Profile picture of the author nicholasb
    if your using it for your web design business, you'll get a whopping 5 clicks for $40 with adwords
    {{ DiscussionBoard.errors[8862728].message }}
    • Profile picture of the author heavysm
      Hosting and a domain name. I would post a ton of content on those sites and over time get noticed by the search engines. If you can squeeze in an autoresponder I would definitely build a list.

      Free search engine traffic propelling your first list should give you enough traction over time to start a nifty little income you can use for other larger projects. With $40 you're looking at investing time rather than money to make this work. Not impossible though, some people on this very forum used those three basic components as the foundation to create their businesses.
      {{ DiscussionBoard.errors[8862749].message }}
  • Profile picture of the author Raimundas M
    1. Create my own product.
    2. Give out free review copies.
    3. Get a WSO up and running.

    If I would just starting out, I would did exaclty as I did 6 years ago:
    1. Buy a domain name ($10)
    2. A hosting account ($10/month) = 3 months of hosting.
    3. Write a lot of content
    4. Monetize with adsense or affiliate programs.
    {{ DiscussionBoard.errors[8862871].message }}
  • Profile picture of the author maxjpip
    Put them into hosting and get yourself a landing page. Drive traffic (You can do this for free) to it and collect leads, provide good content (make it yourself so it's free), recommend awesome products.

    You will waste the money really really fast on traffic, so just don't do that!

    There are tons of free traffic sources out there, DO THAT!
    Signature

    #
    #
    # Product + System + Traffic = ??
    #
    #

    {{ DiscussionBoard.errors[8862920].message }}
  • Profile picture of the author solartime
    If all I was able to spend was 40 dollars then I would contribute it to those whom I knew really needed the money. Where it could make a even a small difference in their life for the better. Then I would come up with a plan to obtain becoming well versed in marketing, advertising and/or getting traffic. At that point it would become much easier to turn 40 dollars into 400 and 400 into 4000.
    {{ DiscussionBoard.errors[8863613].message }}
    • Profile picture of the author clint48
      If you buy traffic with the $40.00 send it to squeeze page that offers a good free product and start building a list. You would just be wasting your money if you buy traffic to send to a product unless it was something of great value to people.
      {{ DiscussionBoard.errors[8863672].message }}
  • Profile picture of the author OnlineAddict
    $2 domain(with discount coupon) + $8 for 2 articles + $30 for SEO.
    Signature

    From1toMillion.com

    {{ DiscussionBoard.errors[8863649].message }}
  • Profile picture of the author tonydbaker
    I would re-engage existing customers/contacts by uploading my email list to facebook for cheap targeted ads, and then using promotional post to send them to a free offer if they share the offer with friends.

    Then that offer would entice both them and their friends and friends of friends to upgrade to a better version for a small amount of cash, and put them into a sales funnel for upsell/downsell or reputation funnel for a long term campaign.
    {{ DiscussionBoard.errors[8863694].message }}
  • Profile picture of the author EJ Lear
    Well the Facebook ad is bombing 10,000 views, ZERO page likes, 16 regular likes.

    It's safe to say that Facebook page likes aren't my 'gifting', terrible results. Perhaps you can point me to a good (FREE) resource that I can learn how to get better results? Can't find anything in the War Room, does anyone know of a good whitepaper in there that I can try out?

    I'll get traffic for the $40 I'm not worried about that, but I'm here to listen to folks who think different than me, I like the input and I'm thankful for what everyone has shared so far.

    Thank you for taking time to post.

    Kindly,
    EJ Lear
    {{ DiscussionBoard.errors[8864314].message }}
    • Profile picture of the author Shadowflux
      Well, without any other requirements in your question, I would consider spending $40 on a new Wordpress theme.

      I think it's important to find the right theme. On top of that, many of the newer ones are incredibly responsive and will allow you to target the mobile market without any extra effort. These themes work wonderfully on any browser and have a number of additional features.

      For about $40 you could find a really high end theme with tons of extras. Applying that to a website will boost the perceived value through the roof. This will then reflect back on everything you do with the site.

      It's sort of a value adding investment, rather than a direct, measurable return for the investment like buying traffic.
      Signature
      Native Advertising Specialist
      Dangerously Effective
      Always Discreet
      {{ DiscussionBoard.errors[8864336].message }}
  • Profile picture of the author hardworker2013
    With $40 i would buy me a domain, cheap hosting, sign up for several affiliate
    or CPA networks. I would also buy a $5 Gig on Fiverr to do some SEO of
    some sorts to boost my website ranking on Google.
    Share your website link on Social Media join groups and forums and
    let persons know about your website.
    Well that's how i started out and look at me now....... LOL
    {{ DiscussionBoard.errors[8864383].message }}
  • Profile picture of the author sanf0rd1
    $40 isn't even enough to get by with a decent SEO setup (and SEO is more time consuming than it is money consuming). you'll make nothing if u spend that $40 on paid traffic considering all the testing u'd need to do.

    so with $40 i'd launch a WSO
    {{ DiscussionBoard.errors[8864912].message }}
  • Profile picture of the author mpollak450
    I think the biggest lack is not in the marketing, it's in our mindset. I would spend it on content that would help me expand my thinking and belief in myself to a point that would drive me to find what I needed to know to truly be successful and then to do it like never before.
    Signature

    No EN links, please

    {{ DiscussionBoard.errors[8872547].message }}
    • Profile picture of the author fourmill
      Originally Posted by mpollak450 View Post

      I think the biggest lack is not in the marketing, it's in our mindset. I would spend it on content that would help me expand my thinking and belief in myself to a point that would drive me to find what I needed to know to truly be successful and then to do it like never before.
      that's a hell of a reply , jeez first topic I click after joining and I see the best forum post of my life.

      +1000 bro
      {{ DiscussionBoard.errors[8872556].message }}
  • Profile picture of the author Ricardo Furtado
    Get some content and get some backlinks. If you have some moolah left over – get a video made.

    All the best. Regards.
    Signature

    Ricardo Furtado

    {{ DiscussionBoard.errors[8872563].message }}
  • Profile picture of the author kencalhn
    if i only had $40 I'd realize I was way undercapitalized, so I'd go buy myself a good lunch somewhere and a couple of decent books on goal-setting and success. really.
    {{ DiscussionBoard.errors[8873008].message }}
    • Profile picture of the author Ricardo Furtado
      Originally Posted by kencalhn View Post

      if i only had $40 I'd realize I was way undercapitalized, so I'd go buy myself a good lunch somewhere and a couple of decent books on goal-setting and success. really.
      Ouch Ouch Ouch!!!
      Signature

      Ricardo Furtado

      {{ DiscussionBoard.errors[8873011].message }}
  • Profile picture of the author Moneymaker2012
    Hello,
    I think $40 is not very helpful to you in IM niche but still there always a way be an affiliate and start promoting other products or Create your own Product and sell it.
    {{ DiscussionBoard.errors[8874134].message }}

Trending Topics