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16 going on 17 and wanna make $

Discussion in 'Making Money' started by Donovan122, Mar 17, 2017.

  1. Donovan122

    Donovan122 Newbie

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    Turning 17 in a few weeks and was looking for different niches to make a few grand a month with. Im willing to invest all my time into it and aswell as 2 grand into it. Done my own research as to what i could do but nothing too attractive to me. Let me know if anyone could help / give your opinions! Thanks!
     
  2. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

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  3. Holzr

    Holzr Jr. VIP Jr. VIP

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    Read all the stickies on Black Hat SEO and how to make money. Then sort by most views and read all that look attractive to you. Amazon affiliate.sites are a great way to earn passive income.
     
  4. ladyboyboom69

    ladyboyboom69 Regular Member

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    damn when I was 16 all I wanted to do was play video games, kids now in days wanna make a couple grand a week lol ( I know makes me sound old )
     
  5. datsunguy

    datsunguy Supreme Member

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    Keep reading, think about what you've read and make a decision from that on where and how to start.
    Don't let others tell you what to do, you prob wont get a serios answer anyway.


    tip: dont invest all your $$ in a project, start small scale and see results from that, dont throw away money if you dont see usable/ scalable results.
    it hurts alot less when you make the same mistake with 50 or 100 $'sthan with 100's or all your investible money.
     
  6. Donovan122

    Donovan122 Newbie

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    How do you view the most viewed on mobile device?
     
  7. Holzr

    Holzr Jr. VIP Jr. VIP

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    Scroll to bottom of page click thread options i think its called then sort by most views in descending order
     
  8. Donovan122

    Donovan122 Newbie

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    Thanks
     
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  9. Holzr

    Holzr Jr. VIP Jr. VIP

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    If your looking for inspiration and motivation than check out the IM journeys forum.
     
  10. fl1pz

    fl1pz BANNED BANNED

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    Well, I have been doing pretty well on YouTube right now. Just have to be really consistent.
     
  11. Ryukil

    Ryukil Newbie

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    What have you been doing, in general terms?
     
  12. Donovan122

    Donovan122 Newbie

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    Attempting to find things to buy / sell. Haven't found anything good to buy though.
     
  13. Bestindabiz

    Bestindabiz Regular Member

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    Start investing into the stock market and when you get my age which is 46 you will be set this is good advice that no one told me when I was your age
     
  14. eMonetize

    eMonetize Regular Member

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    For the past 16 years, I've been monetizing 3rd party data (email) using PPL (pay per lead...lead generation) offers.

    If you're not familiar with 3rd party data, it's email data that the users have given permission to receive messages from third parties. You get the opt-in record for all users and it's 100% can-spam compliant.

    I either purchase the data or I get it through rev-share deals. Rev-share (revenue sharing) is data that you get for $0 upfront cost and you split the revenue generated from sending it, with the data provider.

    The data is targeted based on specific vertical (niche) that the users have shown an interest in or requested more information about. So everything starts with the data, in that based on the vertical that you are getting data for, you then send a relevant offer.

    I mainly get data that is targeted to verticals for PPL offers. This is because lead generation offers do not require a credit card or for the user to purchase anything to complete an offer. All a user has to do is fill out a form, so conversion rates are typically much higher than offers that require a sale to be made.

    I favor offers that have a make, get or save money benefit to them. This is what has overall worked best for me and tends to have the greatest amount of mass appeal (will be of interest to a very large general audience). So the potential to generate high volume exists and they are fairly easy to cross promote on the back-end.

    The bulk of the offers that I promote pay $20-$40 per lead. I also promote offers that pay more and less, but the amount of the payout is not the key deciding factor. How well an offer converts can be just as important, if not more important. For example, you could have an offer that only pays $9. However, if it converts at 2X or better compared to a $20 offer, then it will perform about the same or possibly even better. You could also have an offer that pays $90, but if it converts poorly, it may not even be worth sending it.

    Bottom line, it is far easier to get someone to fill out a short form than it is to get them to take out their credit card and make a purchase. So why struggle trying to make sales, when you can just provide free info that users want / need and get paid well doing it.

    Some of the verticals that I have done extremely well with are: insurance, education, debt, credit, mortgage, loans, assistance, discount offers, homeowner offers, etc...

    So for example, if I'm getting auto insurance data, I then send an auto insurance offer. If I'm getting education data, then I send an education offer, etc, etc... Then after a certain amount of time, I then cross promote the offers to fully monetize the data.

    Important note: 3rd party data will rarely be as responsive as a highly targeted opt-in list you build yourself. But it really doesn't matter. Because you are getting the data much much cheaper and it is highly scalable compared to building your own list. The way that you make it work is to always be segmenting your opens / clickers - removing the unresponsive user. That way over time you are building smaller, but much more responsive lists. Essentially you are converting the data from quantity to quality.

    Basically, I monetize the data using PPL offers because they offer the path of least resistance to generating conversion and converting the data to cash producing assets.

    Obviously, there is far more to it, but done right it can be extremely profitable. Everyone that I know that is in the business and knows what they are doing, for the most part, does 6-7 figures. While that may sound like a huge range, much comes down to one's abilities to scale and to cost effectively build/manage the infrastructure needed to scale.

    Monetizing data isn't for everyone and it takes money to make money, but it's something to think about.
     
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  15. AustinNash5

    AustinNash5 Jr. VIP Jr. VIP

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    I like seeing other young entrepreneurial minds around the forum :)

    I'm 17 as well, there's no reason a 17-year-old can't make as much or more than a 30-year-old.

    My advice to you would be read, read, read.

    Then TAKE ACTION.

    Don't just sit around read and read and read and don't use the information that you have obtained.

    For anything to get done you need to do it! As an entrepreneur, everything is your fault, and you must accept this.

    Find something that you are good at rather than finding something that interests you,
    because most of the time if you're good at something you'll have more fun doing it rather than
    to continue on with something and see no success or not be any good at it.

    If you want specifics, look into SEO and selling services.
    Content writing also pays decent for anybody just now getting into IM, also good for startup cash.

    Good luck! :)
     
  16. yorkh

    yorkh Registered Member

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    I just turned 17 about a month ago and I've been on these forums for about a year now. Through my experience I failed many projects which resulted in a loss of money, but not time. I learned from my mistakes and although i lost some money i kept trying anyways, i eventually turned a profit. Anyways just keep looking through the forums and understand all the internet marketing terms and try a couple projects to get your feet wet. I suggest you try social media. Good luck OP. :)