5,000 Dollar , but where to start !

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V said:
Whew, that was a long read. From your story, I can conclude one thing, "You're mentally strong." What 14-year-old kid would borrow $5k and plan a venture to repay that amount in monthly installments? You remind me of a friend who dropped out of college and still earning more than the batchmates with a DEGREE. :D

For OP: I have not invested that amount of money, but I invested around $500 in an affiliate program. I made a little less than that, but it was okay. I learned a lot of things that would help me scale afterward. My suggestion is to find an affiliate program, generate content around that, and do SEO. If you want to get quicker returns, then focus on paid advertising. FB, Bing, and Google Ads can make you more money than you can imagine. But it's only possible if you learn about these marketing strategies inside out. You cannot get a return on your investment doing something you don't have knowledge about or do not feel comfortable with. Good luck with your future endeavors!
Click to expand...


At 14 years old I was mentally strong because my father was a self employed contractor. Heavy & Highway construction
stuff. Lots of subterranean drilling and he traveled heaps. Most of the job sites that his company won bids on were far from
home. There were times when I wouldn't see my dad for MONTHS. That depressed me a lot. Mom was a proper nag. Life was
always better when Dad was HOME!

During those times he'd fly in for the random weekend, give my mom some quality time, say hello to his two sons, then he'd
be off again sometimes for months. My addiction to infomercials (aside from the bikini girls and yacht) stemmed from my dislike
of my father being away due to WORK. In my 14 year old brain, there had to be a better way to earn a few bucks beyond
subterranean drilling of nuclear facilities and deep drilling from place to place for indefinite amounts of time.

Entrepreneur magazine mapped out the framework for remote high income ability, I simply but my own brain juice into the mix,
took a few lumps on the head but eventually made it work.

TBH repaying or committing to the $5k at the time wasn't my chief concern. I could make the $5K back in full during a few
weeks in 10th grade of high school with a bit of hustle working during summer vacation if push came to shove.

My chief concern was REMOTE SELLING to the catalog houses, that was the antidote for problems, it worked because I selected
products that I was able to hold exclusive import rights on.

Tradewinds magazine always had "New Release" products coming out from Chinese manufacturers and that's where I gained my
edge. The New Release feature was authored several months before the US based trade show events calendar kicked in. That
gave me a head start with product scouting.

The bigger companies like The Sharper Image, QVC, HSN, Hammacher Schlemmer etc got the same intel, the problem was they
were integrated direct marketing companies and very bloated. They took a loooong time to bring a product to market, yet their product
leanings from a vendors perspective were obvious.

By the time their product scouts got on a plane to China, I'd already locked up products that I wanted with 12 or 24 month exclusives
so they had to buy from me.

At 14 I never once spoke to a buyer on the phone, faxing was the norm at the time. When I started, No one knew I was 14 by my
minimalist way of writing at the time. ;-)

The entire process with the Chinese suppliers and the USA based buyers remained written and remote. Home based. I'd ship product
samples and sales sheets that's it.

I never met a person that I did business with during that intl trade era until about the age of 20 when I began attending trade shows.

That was a mistake.
 
Last edited:
cyberjunkie said:
I never met a person that I did business with during that intl trade era until about the age of 20 when I began attending trade shows. That was a mistake.
Click to expand...

Why was it a mistake? o_O
 
cyberjunkie said:
At 14 years old I was mentally strong because my father was a self employed contractor. Heavy & Highway construction stuff. Lots of subterranean drilling and
he traveled heaps. Most of the job sites that his company won bids on were far from home. There were times when I wouldn't see my dad for MONTHS. That depressed me a lot. Mom was a nag. Life was always better when Dad was HOME!

During those times he'd fly in for the random weekend, give my mom some quality time, say hello to his two sons, then he'd be off again sometimes for months.
My addiction to infomercials (aside from the bikini girls and yacht) stemmed from my dislike of my father being away due to WORK. In my 14 year old brain, there had to be a better way to earn a few bucks beyond subterranean drilling of nuclear facilities and deep drilling from place to place for indefinite amounts of times.

Entrepreneur magazine mapped out the framework for remote high income ability, I simply but my own brain juice into the mix, took a few lumps on the head
but eventually made it work.

TBH repaying or committing to the $5k at the time wasn't my chief concern. I could make the $5K back in full during a few weeks in 10th grade of high school with a bit of hustle working during summer vacation if push came to shove.

My chief concern was REMOTE SELLING to the catalog houses, that was the antidote for problems, it worked because I selected products that I was able to hold exclusive import rights on.

Tradewinds magazine always had "New Release" products coming out from Chinese manufacturers and that's where I gained my edge. The New Release feature was authored several months before the US based trade show events calendar kicked in. That gave me a head start with product scouting.

The bigger companies like The Sharper Image, QVC, HSN, Hammacher Schlemmer etc got the same intel, the problem was they were integrated direct marketing companies and very bloated. They took a loooong time to bring a product to market, yet their product leanings from a vendors perspective were obvious.

By the time their product scouts got on a plane to China, I'd already locked up products that I wanted with 12 or 24 month exclusives so they had to buy from
me.

At 14 I never once spoke to a buyer on the phone, faxing was the norm at the time. When I started, No one knew I was 14 by my minimalist way of writing at the time. ;-)

The entire process with the Chinese suppliers and the USA based buyers remained written and remote. Home based. I'd ship product samples and sales sheets that's it.

I never met a person that I did business with during that intl trade era until about the age of 20 when I began attending trade shows. That was a mistake.
Click to expand...
i respect that bro
 
V said:
Why was it a mistake? o_O
Click to expand...


Because I was always the youngest person in the room. I owned my own company and
the more experienced buyers who worked for huge companies worked overtime
with activities designed to circumvent my exclusive deals. Plus tried to low ball their
wholesale buying rates for my products once they actually saw me.

Another ruthless industry. Lots of learning during that era.
 
m4virus said:
great idea but i read people losing a lot of money on ads before just to make first $
Click to expand...
No such thing as a money machine, where you put in money and assume no risk and it spits out just endless cash.

If you want to grow the money, you have to be willing to risk it.
If you're willing to work hard - ads will work, but it requires tirelessly optimizing it and at first you will lose money, but as you continue to optimize based on the data and not your gut reaction, you will start to see a return.

Trick is to start small with a budget of <$300 and work your way through it as you make a profit. You're building an actual business with controllable spend at this point. If you're only interested in short term and quick profit, then you have to take even bigger risks.
 
m4virus said:
buy crashed phones and resell them after repairing is a really great income and will be always profitable , people just need to look for the opportunity where it is , in phones or furniture , or houses and apartments .
Click to expand...

Maybe you should start a blog about the multi quote feature lol


Jokes aside, you should do whatever you are able to do/want to do.
But be rational about it.

Because the 2 guys before me already told their story, I‘ll do the same in short. Even tho they are way more successful than I am.


2015:

It all started with YouTube. I was young and watched a lot of YouTube. I had a lot of time back then. I started with Minecraft, clash Royale... videos. Basic shit. If you are/were in this „niche“, you’ll know that there is a massive community with glitches, “hacks“ or similar stuff. So I started uploading stuff like this. Back then I was monetized because YouTube gave a damn and almost everybody was.

I uploaded a video about how to get „free clash Royale gems“ by simply refunding your pursache in the Play Store. BOOM 100k clicks. Made my first money. About 5€/ month.

Then I started reuploading some stuff. My second video was a good choice. Recently the original video got striked and 100k clicks in 24h hours. Unfortunately not monetized.
The same video hit 500k clicks a few months later.

2016:

Started second channel with reuploading/creating simple videos myself. Solid.
also about 10€ per month.
On the first channel I started uploading more „hacks“.
In the end I made about 200€ I think. Funny how I tried to explain it to my mother ;)

But all my YouTube accounts got banned, at once. Even tho some accounts had nothing to do with it.

Started new channel because I was amazed by the „gta money lobby“ streams. Uploaded a few videos. Nothing happened. Found BHW, tweaked it a bit and started doing OGads.

actually made more with Adsense lol. Channel got banned soon. I was pretty down now because YouTube didnt seem to work.
Found somewhere a thread about cashmio. A gambling site where you got a signup bonus and after enough playing you could cash out. I made about 5 Accounts. On one of them it worked. I played until I was at the Limit where I could pay out- 80€ -

Now try explaining your mom that you want your IBAN Number because you just won 80€ by gambling. From now one I knew that making money online was possible and real

2017, 2018, 2019 3/4:

got „carried away“ with school and partying.

end of 2019:

Found BHW again, started doing the Snapchat method but only made a few bucks with OGads again. Also tried POD. Made 20€ profit by simply marketing with IG. Was hyped.
Spend it all on Ads but made no profit anymore.

I was tumbling around and did some here some there. But learned a lot which is the Most important.

2020:

Started a part time job at a local shop. I was waxing snowboards so nothing digital. Besides I was selling some stuff on eBay. Private of course. Talked with my boss and was asked if I could start making articles ready for they online shop.

Fast forward

I‘m now studying as an e-commerce manager part time in the same business and part time in school.

I manage the whole e-commerce direction. Made 7k sales on Amazon today and safed the local business from going bankrupt during corona.

earned my corona bonus worth 1,5k tax free this month.
All because of bhw and my fascination with e commerce. I just followed what I had passion about.

Even tho I earned 10€/ hour first it was worth it in the end. Even got an IPad from the business.

I‘m sorry for my English but the iPad keyboard is just horrible.


Just do what ever your like and be rational about it. You even could make big stacks if you were a simple Cook. Look at e.g. Hello Fresh. They are making a lot of money by simply delivering fresh ingredients for what you want to eat.


sorry for boring ya all
 
Start with investing on yourself, grow your knowledge, skill and experience.
there is no such thing as the correct way.

example someone here do quiz site with fb manual prlmotion and earn $50/week. But other earn $0 with paid ads.
What work for them no necessary will work for you.

My 2cent, every method to earn money in this word will have it own risk, we just need to improve our odds with skill and experience.
 
Benni0315 said:
Maybe you should start a blog about the multi quote feature lol


Jokes aside, you should do whatever you are able to do/want to do.
But be rational about it.

Because the 2 guys before me already told their story, I‘ll do the same in short. Even tho they are way more successful than I am.


2015:

It all started with YouTube. I was young and watched a lot of YouTube. I had a lot of time back then. I started with Minecraft, clash Royale... videos. Basic shit. If you are/were in this „niche“, you’ll know that there is a massive community with glitches, “hacks“ or similar stuff. So I started uploading stuff like this. Back then I was monetized because YouTube gave a damn and almost everybody was.

I uploaded a video about how to get „free clash Royale gems“ by simply refunding your pursache in the Play Store. BOOM 100k clicks. Made my first money. About 5€/ month.

Then I started reuploading some stuff. My second video was a good choice. Recently the original video got striked and 100k clicks in 24h hours. Unfortunately not monetized.
The same video hit 500k clicks a few months later.

2016:

Started second channel with reuploading/creating simple videos myself. Solid.
also about 10€ per month.
On the first channel I started uploading more „hacks“.
In the end I made about 200€ I think. Funny how I tried to explain it to my mother ;)

But all my YouTube accounts got banned, at once. Even tho some accounts had nothing to do with it.

Started new channel because I was amazed by the „gta money lobby“ streams. Uploaded a few videos. Nothing happened. Found BHW, tweaked it a bit and started doing OGads.

actually made more with Adsense lol. Channel got banned soon. I was pretty down now because YouTube didnt seem to work.
Found somewhere a thread about cashmio. A gambling site where you got a signup bonus and after enough playing you could cash out. I made about 5 Accounts. On one of them it worked. I played until I was at the Limit where I could pay out- 80€ -

Now try explaining your mom that you want your IBAN Number because you just won 80€ by gambling. From now one I knew that making money online was possible and real

2017, 2018, 2019 3/4:

got „carried away“ with school and partying.

end of 2019:

Found BHW again, started doing the Snapchat method but only made a few bucks with OGads again. Also tried POD. Made 20€ profit by simply marketing with IG. Was hyped.
Spend it all on Ads but made no profit anymore.

I was tumbling around and did some here some there. But learned a lot which is the Most important.

2020:

Started a part time job at a local shop. I was waxing snowboards so nothing digital. Besides I was selling some stuff on eBay. Private of course. Talked with my boss and was asked if I could start making articles ready for they online shop.

Fast forward

I‘m now studying as an e-commerce manager part time in the same business and part time in school.

I manage the whole e-commerce direction. Made 7k sales on Amazon today and safed the local business from going bankrupt during corona.

earned my corona bonus worth 1,5k tax free this month.
All because of bhw and my fascination with e commerce. I just followed what I had passion about.

Even tho I earned 10€/ hour first it was worth it in the end. Even got an IPad from the business.

I‘m sorry for my English but the iPad keyboard is just horrible.


Just do what ever your like and be rational about it. You even could make big stacks if you were a simple Cook. Look at e.g. Hello Fresh. They are making a lot of money by simply delivering fresh ingredients for what you want to eat.


sorry for boring ya all
Click to expand...
very appreciated story bro , thanks for your effort , i'm amazed by your ambitions , as the quote said : fake it until you make it .
 
run blackhat campaign on google you will get 100% profit in return
 
I’d say take half of that and invest in starting an affiliate site and getting it to rank. It’ll take time but as long as you do your research, you should be able to get enough traffic to make back your money and more. The other half, invest in an ETF and keep it in there for years
 
If you want to start business than I will suggest start Youtube Channel or Start Dropshipping Business. Huge income, Huge Profit, Huge Customer, Huge success.
 
I am not financial advisor and not a Professional, but still going to give you advice keep your money fix deposit into bank. no Risk.

What we BHW people doing full of risk. Zero or Hero
 
Dropshipping 100% but only if you gave yourself time and test, tes
 
cyberjunkie said:
Op- M4Virus

I'm unsure what part of the world you are in . That may or may not be a factor in your decision.
If you're smart your location is trivial these days. To your question.."Where to start and be safe?"
Your mental construction.

All depends on your skill set, background, mindset ambition level. How you see yourself in the world.

Your question is generic and lacks specifics for the things that matter most.

Anyway, I'll give my personal feedback based on my own personal experience in turning $5,000
into my first 7 figure milestone by the age of 23.

It all began with my addiction to a late night infomercial, an Asian guy on a yacht, and bikini glad girls with
big bOObies. Mental impressions can be strong. It took me about 10 years to earn my fist Barely Million
and it didn't last long before I crashed and burned then had to recover and grown.

The short version of how I did it.

I started an import export business and I sold exclusive electronic products to big box retailers.
For example I'd commit to a minimum purchase QTY of say 500 pcs of a stun gun sold by the
supplier in China for say $17.00 and I'd contact the purchasing department of US based retailers
who sold relevant products to what I bought from the Chinese.

I'd sell a product that I bought for $17.00 in volume to a USA based buyer at a wholesale volume
price of say $24.00, and they would sell it on their shelves or in their catalogs for $49.99 on sale.

That's how I made my first $ from a $5,000 personal loan that my parents gave me when I was
14 after I nagged them. I bought a guide from Entrepreneur Magazine back in the day that listed
the Import / Export biz as the lowest cost intensity biz for the highest Return on Capital.

The emphasis was that all of this could be done from Home, remotely. That appealed to me since my
office became my parents kitchen table and my bedroom.

Despite being initially under capitalised by the time I was 21, I had broken 6 figures Remotely and
from home.

Seasonally since I only earned the few months before and the 2 months AFTER
Christmas. A part time remote 6 figure business after only a handful of years. Started with $5,000.

Eventually I rented an office at Regus since working from home became a bore even after I left home.
While at Regus, I met a fellow entrepreneur in the Mortgage business, he had a friend from school
who was a 7 or possibly 8 figure business owner with several side hustles. But his core business was
he owned a company that had the janitorial contracts for many office buildings worldwide. Not a technology
guy at all.

Old school guy, made his money with a handshake and smile. Still I was earning remotely, chiefly with
the Chinese while I spent most of my time trying to get products on infomercials and heaps of omnichannel
retail points of sale.

That was a step UP from selling to catalogues. TV and the vertical distribution
deals which emerged from TV exposure is where the money was back then. Home shopping was
and remains a huge cash cow for product scouts who can find novel products and secure them for mass
distribution. A ruthless business.

So during this era at Regus, my neighbor at Regus introduced me to his Millionaire friend who understood
that I sold strictly remotely and online. He was impressed. He didn't understand online selling so much
he was a bit older and of a different era.

We cut a deal. I became his exclusive online reseller of branded video conferencing systems. A
side hustle business that he owned.

During this side hustle phase for me, I sold far more products than this guy expected me to sell. I sold
strictly online. He didn't understand how, he was equally impressed and later I discovered envious.

During a trip that he and I took to Hawaii for fun, he badgered me constantly about how I was able to
sell his products at such a high volume...ONLINE. At the time I didn't unpack in full how I did it. I was
bringing in $50,000 per week during my peak era, that was more money than I was earning with my
import export business, though the character of HOW I was Selling was Very Similar.

Ultimately I was selling high end media products at a big savings to a multinational with thousands of
employees. I made the mistake during a time of weakness and comfort of telling my supplier Who and
how I was selling at such high volume levels.

I was selling to a procurement group that I had met on a b2b forum on AOL. Back in the day AOL had
very high quality B2B global trade board where buyers and sellers could connect and make deals.
That's where I found my buyers. Corp media types.

90% of my sales were coming from 2 buyers. It was a little grey hat because they were buying high volume,
at one point more than my supplier could handle in a timely manner.

Grey hat because I later found out that the buyers were aggressively buying from me because they were
Repackaging the products for an unauthorized export market division, where the boxes clearly stated
"Not For Export". Another story for another day.

So yeah, that's ultimately how I turned $5,000 into 7 figures during roughly a 10 year period. A trade business
and a high paying side hustle and a mentor who taught me a harsh lesson about breaking one of the 48 Laws
Of Power... [Never Outshine The Master]. Grrrr

Then I moved on to other ventures and adventures.

Becoming a full stack remote media entrepreneur selling 6 & 7 figure lux media products of a different kind
(meaning Dominant SEO-Video-Branded Print & Private Services) to high income professionals, within
the industry least impacted by Covid-19.

The Medical Economy for those wondering. A multi Trillion dollar global market.

That's where the money has been for the past 100 years, and will remain. A biological imperative for most
humans is to LIVE. Uncomplicated. Simple.

The ultimate evergreen market. Ignore the Guru hype, if you just focus on economic research and street smarts
you'll always prevail in business. You don't need a "Passion" you need to follow what smart economist reveal for free
and take action.

In business and in life, you learn fast that you win some and you lose some. The fun is the persistence that most
people don't have. Plus persistence never feels like FUN when you are persisting.

Later, I met a SEO practitioner on this forum Years ago. He used to actually do the technical SEO
for this very forum before the new owner took over in 2011.

Based on some feedback from him privately and on the thread below, and with my
own Master Plans, I relocated from a PH view in a sun belt community and put boots on the ground in
Asia, and things have only improved. A few hiccups along the way. I recently got stranded on the world's
Best Island in Asia for months for what should have been a 3 night business trip.

[Anyone interested here is the old thread]
https://www.blackhatworld.com/seo/own-your-own-seo-company-in-the-philippines.332002/page-16#post-5309602

Being stranded was the result of an unexpected national lock down of all non essential air and sea travel.

Technically speaking, it all began with $5,000, a loan that my Dad put his foot down on with my mom who didn't
want me to have the money because she wanted me to Focus on School, not on infomercials pitch men,
yachts and their big bOObie girls in bikinis.

Mom & Dad's $5,000 came with the capitalist stings attached of repayment at $170 per month. Giddy up!

Take smart "risk", there is no reward without Risk. Something unexpected will ALWAYS gut punch you.
The key to success is having a great plan and having more resilience in the face of uncertainty.
Most people won't do that.

Ultimately that separates the winners from the losers. That's why there will always be a 1%.

Sidenote: I also know a guy who turned $4,250 into double that amount within 4 weeks selling high end SEO.
The math behind that is more straightforward. He invested the $4,250 for properly setting up his pre revenue
start up agency.

Then his first client was around $1,500 per month with less than 15% fulfillment cost. A personal
sports coach I believe was the client. But that was only the first client of his new inside sales agency because
he started with a 5 seat mini call center at the time or something like that.

Last I checked he scaled his proven sales formula with his growing remote sales force. He is American.

Anyway, lots of smart ways to make great return on capital for the amount that you have. Offline & Online.

Happy Holidays to all whatever you believe.

https://www.blackhatworld.com/seo/own-your-own-seo-company-in-the-philippines.332002/page-16#post-5309602

CJ
Click to expand...
Wow it feels like you are talking to me, being on this IM journey for over 10 years now... so I totally get it, very inspired by you man, thanks
 
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