$10k Budget - What Would You Do and Why?

[t2van]

Already established..

1k into new product development
1k covers upcoming bill
8k liquid assets

 

[NightEmperor]

I agree with SplishSplash, 10k would be best spent as an investment on yourself. I'd personally move to Portugal, great weather, affordable housing and a lot of digital nomads already go there so it's a great place to meet with people and collaborate. 10k would last me about 8 to 9 monthsf I were to live a normal life like I do now, not too much dining and going out but still having fun. Having no financial stress because you have 10k in reserves would make it easier to focus on things you value which in my case is building a digital media empire. I could write a hella lot of articles and watch them rank. Too bad the reality is that I am a busy student with a student debt rather than 10k in free cash but that's all right, y'all know my name in 10 years.

 

[BrandingCat]

1) buy a top level package of amazon site, and use it on a expired domain.

2) use niche edits and guests on it around 1 - 3k so you already start to recover.

I would do this + buying 30-50k words divided into articles.

Buying a auction domain for 1-2k

Grow it.
Flip it.

 

[LavishL]

Drop it into a CPA campaign. Most likely do a CPL though with a viral video. You could easily quadruple the money if you know what you're doing.

 

[MrSempay]

1. Keyword research.
2. Buy domain.
3. Buy $5,000~ worth of content.
4. Get some guest posts.
5. Rent a PBN depending on the niche.

I mean, I pretty much do that now, but I write all the content myself. It'd be nice to pay someone to do it.

 

[GringoMonkey]

Can you go into a little more depth on this?

What would you like to know?

 

[sayan162]

I would suggest to start any kind of reselling business either VPS, SMM Growth service, Proxies etc. There are bunch of website offer discount upto 50%-80% to resellers. So min investment on that will be $1000 rest you can spend on advertising to major other forums.

 

[lokibyheart]

buy some weed and hookers, Enjoy!

 

[helll0a]

That is the budget i usually invest in my email projects, to build a list and front end self funding funnel. Once completed it becomes a self funding almost fully automated business and i move onto the next one.

Can you elaborate, sounds interesting. How are you building the email list? Are you running ads?

What does a self funding funnel mean?

How are you automating? Is the traffic to your funnel automated or is the funnel logic?

Thanks

 

[splishsplash]

I would do this + buying 30-50k words divided into articles.

Buying a auction domain for 1-2k

Grow it.
Flip it.

This is definitely a good option, but most people on their first go will not be able to take a site to $1k/mo even with an aged domain. It's hard. Very hard until you've been doing it for a while.

 

[SonOfBhw]

the best ideas will never be shared. So if you have 10 k then you should try to figure out your own ideas to invest.

 

[GringoMonkey]

Can you elaborate, sounds interesting. How are you building the email list? Are you running ads?

What does a self funding funnel mean?

How are you automating? Is the traffic to your funnel automated or is the funnel logic?

Thanks

I pay to drive traffic to the funnel, it varies from where, depending on the niche.
Traffic is presented with an inital value offer funnel and then a monetized upsell.
After optimising this front end funnel it basically breaks even.
So now the paid traffic is automated and self funding.

Now i have their details it costs almost $0 to remarket to the list on the back end.
This is where the profit is.

But you need thousands of clicks / signups to optimize. That is where the majority of the money is spent.

 

[fragmonkey]

Over a year ago I had this opportunity and decided to invest pretty much that amount on Amazon FBA. Got a lot of advice from the r/fulfillmentbyamazon subreddit. Wanted to do it 100% genuine with no paid for reviews or anything.

Found some potential products using JungleScout and had them produced white label in China, shipped to US FBA. After all is said and done, looks like I will just barely break even in a couple of months. Was it a financial success? Absolutely not. Did I learn a lot? Absolutely. I am much more knowledgeable now on the FBA game than I was before I started and I am lucky at least that I did not lose all my money doing it.

One takeaway from the 1+ years I have been on FBA: You should definitely do it, but only if you either produce your own product, or can source it from someone for far below retail, or you have something 100% unique that doesn't exist on Amazon Prime right now. The white label from China game is a race to the bottom with competitors. My new focus is on finding a niche that simple does not exist on Amazon at all. Gonna take it slow this time.

 

[yherrliche]

short crypto

 

[dotc0m]

2-3 Points on the crypto market. As your buying power increases so does your daily profit. 3% is very low risk to trade on the upside.

 

[Dwain Stewart]

1. Keyword research.
2. Buy domain.
3. Buy $5,000~ worth of content.
4. Get some guest posts.
5. Rent a PBN depending on the niche.

I mean, I pretty much do that now, but I write all the content myself. It'd be nice to pay someone to do it.

Why do you prefer renting instead of building your own network? Any particular reasons? As you would have still a good amount of money to invest.

I would do this + buying 30-50k words divided into articles.

Buying a auction domain for 1-2k

Grow it.
Flip it.

I do pretty much the same thing and build/rent/buy pbn and guest posts, you don't do that?

This is definitely a good option, but most people on their first go will not be able to take a site to $1k/mo even with an aged domain. It's hard. Very hard until you've been doing it for a while.

Totally agree with you! Also, it takes time for experienced people to rank too!

 

[Deleted member 657006]

All on red less headache.

drop shipping farm

 

[rikzy Jezuli]

I pay to drive traffic to the funnel, it varies from where, depending on the niche.
Traffic is presented with an inital value offer funnel and then a monetized upsell.
After optimising this front end funnel it basically breaks even.
So now the paid traffic is automated and self funding.

Now i have their details it costs almost $0 to remarket to the list on the back end.
This is where the profit is.

But you need thousands of clicks / signups to optimize. That is where the majority of the money is spent.

Are you selling your own products or affiliate? What kind of products you pitch to your audience physical or digital? And what are the best niches to be in and what is your traffic source? Google fb or native?

 

[Pesa Man]

Op you should search the forum for identical [Threads) questions like yours! But to answer you.. If you do not know what to do with 10K in IM? Do not expect to get a "magic" answer posted on this thread!

 

[Franquicias]

Traffic