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[10 DAY CHALLENGE] ..... You only have $50, what's your strategy!!!

Discussion in 'Making Money' started by jholla006, Feb 23, 2013.

  1. jholla006

    jholla006 Registered Member

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    10 DAY CHALLENGE !!!!!!!!

    I thought this would be an interesting discussion of where would you invest your $50 if that's all your had.

    I think a lot of noobs may find this helpful if they are starting out in IM.

    The concept is very simple, you start your day one with $50 and through out the 10 day Challenge, you must list what plan/method you execute each day that'll earn you the most profit!!

    Ok so here are the rules....

    #1 Assume that you have no SEO tools currently at your disposal. ex. bots/software etc.
    #2 You're able to purchase any service necessary, but you must deduct the cost from your initial investment.
    #3 Any method is fair game!!!
    #4 List your day to day strategies you would employ from day 1 through day 10.


    At the end of the 10 Day Challenge, based on your method list the POTENTIAL earning's you ASSUME you could gain employing your 10 day strategy!!!!!


    I think this will be a great discussion for alot of IM who are looking to start someone place!!!


    ..................BEGIN!!!
     
  2. mudrock

    mudrock Newbie

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    buy a $50 hd camera. make the craziest stunt youtube videos i can think of. wouldnt expect any money what so ever for months
     
  3. ches

    ches Newbie

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    I like things that get me to brainstorm.. maybe I'll actually implement something that I end up brainstorming here..

    Day 1 - Brainstorm a Product Idea for a WSO (1-2 hours) - is the product video/audio/webinar/ebook/membership, etc.
    Day 1 - Create a quick Wordpress Site (2-3 hours)
    Day 2 - Do a Mindmap of Topics for the Product (like a Table of Contents) using forums/amazon books and so on to collate ideas on what people want and what you should cover
    Day 2 - Write bullet points under each of the contents - like sub-headings and notes on what I want to cover
    Day 2-5 - Fill out the product using the bullet points and notes to guide me to ensure I've covered everything
    Record it as a video or audio or ebook depending on tools avail (ie. need a microphone if you want to do audio.. up to $50.. need a PDF converter to do the ebook.. etc.)
    Day 6 - Write Sales Page with Benefits, Investigate how to publish a WSO and what is needed on the site to be able to deliver the product
    Day 7 - Create Training Course/Membership Site, upload product, test product
    Day 8 - Post a Pre-launch offer in the War Room ($37) to get feedback and reviews and announce the upcoming WSO.
    Day 9 - Read feedback and fix any suggestions, fix anything that went wrong when people were trying to access product, ensure everything works flawlessly.
    Day 10 - Launch WSO ($20? or $40? something like that)
    Day 10 - Email the war room members that signed up with your affiliate details and let them know about launch
    Day 10 -Modify your sales page in WSO to include positive feedback from war room as "social proof".

    Damn, ok, $50 might not be enough.. you could maybe get away with free hosting on blogger or wordpress.com, but otherwise, you'll need basic hosting ($5) + domain name ($9). You might not need a membership script (could just password protect the download) but it certainly helps to have one to work smoothly with the warrior forum. Approx $50 for Membersonic. Could get away with not having an autoresponder, but Aweber works with everything - although you can signup for $1. Otherwise Mailchimp = free. War Room = $37 one-time.

    So I failed this challenge. If it was a $100 challenge, I think mine can be done.
     
  4. jholla006

    jholla006 Registered Member

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    Great concept and strategy though.

    Even though you went over budget its still a great forward thinking starting point!!