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$10,000 to Invest, How do you spend it?

Discussion in 'Making Money' started by Marie08, May 7, 2011.

  1. Marie08

    Marie08 Newbie

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    I want to build something big. My better half blessed off on $10,000 to invest. I'm not sure how to use it. I've only made a few hundred a month. I've never needed more when it comes to driving traffic and making affiliate sells. But now I need to look past Affiliate Marketing and on to something bigger. Any ideas?
     
  2. dalcacio2007

    dalcacio2007 Newbie

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    Donate it to the "Get Dalcacio2007 through College" Foundation :)
    wait a few years and when dalcacio2007 is rich, he'll return the favor :)
     
  3. KraftyKyle

    KraftyKyle Jr. Executive VIP Jr. VIP Premium Member

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    Internet marketing is not about having $10,000 of startup cash to build a business. Hell, it's not even about having 1/10 or even more of that. It's about inventing and innovating ideas to bring in consistent revenue streams. You can do big things with little startup. It's not about initial monetary investment, it's about the initial amount of determination. If you are already making "a few hundred a month", think of what you can do to scale that up. That should be the question on your mind right now.
     
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  4. iseegreen

    iseegreen Power Member

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    If it were me

    Adsense
    Amazon
    Clickbank

    would be my longer term projects whether you buy aged sites already or start creating some now. (7k)

    CPA - I would get 5 sites with Content Locking - so as to generate short term income ($500)

    Tools - I would buy all the standard Seo tools plus Zenno or Ubot for making my own custom solution..... plus money for accounts (2.5k)

    From the profits I would add more sites into the longer term side of the business - and diversify to more niches.

    10k would be enough to really get started making money fast - rather than just building everything from scratch.
     
  5. Shadexpwn

    Shadexpwn Jr. VIP Jr. VIP

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    I'd recommend putting that into a retirement fund. The #1 way I like learning IM is to start with nothing and build up an empire with the least amount of time and investment with the greatest numbers of opportunities and innovation. By the time you learn that it will triple because the dollar is just about to start rising again.
     
  6. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    Buy a site making $1k a month and build it up...
     
  7. davids355

    davids355 Jr. VIP Jr. VIP Premium Member

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    If I had that money, i would do one of two things:

    1. If I already had an idea for a site, I'd spend some money getting it developed - get it designed and built by a decent design company, get some professionally written content, then get some high quality links, some ppc marketing etc - then have say a budget over 12 months, by which time it should be doing quite well.

    2. If I didn't have an idea, as above, I would buy an existing site and build it up.
     
  8. Chrisss

    Chrisss Senior Member

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    Either buy a solid site that has potential to increase your income if you work on the SEO part.

    Or start a band new site and aim for some keywords with high competition and high earnings potential. Use a lot of time to plan your strategy and then outsource everything.
     
  9. davids355

    davids355 Jr. VIP Jr. VIP Premium Member

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    Sounds like a good idea. Definately needs some planning - obviously the money could easily be wasted if you dont do your research.