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22 Y/O - From £300k to -£5k - Follow me as I bank hard again!

Discussion in 'My Journey Discussions' started by adam.jn, Jan 17, 2013.

  1. adam.jn

    adam.jn Regular Member

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    Well as the title says, £300k in the bank to -£5k in the space of 2 years. I basically made shit loads of money on FB and FB PPC last year and the previous year, then spunked most of it on cars, quads, gadgets, clothes, took the parents on holidays, you name it I had it.... When the money was getting low I started back into PPC but nothing worked, just kept loosing money, so tried PPV, nothing worked and now i'm in debt to the balls.

    I'm have to have this paid off within the next few months, so it's time to put my head down again and try to bank hard!

    Methods
    Well since i'm skint, I can't afford to do paid advertising anymore, so I am going to stick with youtube and cpa offers or cb products, which ever i can get to convert.

    I am also going to resell a few things from fiverr on eBay to try and make some fast cash, obviously not a lot but every little helps at this present time :/

    I have a few more things I am also working on, I will post them up shortly along with stats and what not.

    So today's stats are as follows:
    Work done so far: Nothing (Starting now)
    Money: -£5k

    Here's a few pics of what I bought with the money... might as well post them :) Remember, I am only 22 lol

    A8xBt.jpg

    IqtY3.jpg
    AoM7j.jpg

    KCnx1.jpg
    zAEZn.jpg


    Holiday Rental House I took the Family too
    http://i.imgur.com/FBSO3.jpg

    Boat I rented for the day with the family
    http://i.imgur.com/cMJny.jpg

    http://i.imgur.com/6dSIq.jpg
    http://i.imgur.com/NlY4e.jpg

    Earnings

    og2bj.jpg
     

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    Last edited: Jan 17, 2013
  2. FJX

    FJX Jr. VIP Jr. VIP Premium Member

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    bro put /img on the ending of your bb codes.

    Why not sell all the things you've bought and go back to paid advertising again?
     
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  3. MASSEY

    MASSEY Newbie

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    I think that most of what you have typed in the opening post is probably bull shit, but irrespectively i will follow this thread with a slight interest.
     
  4. twitter.followers

    twitter.followers Elite Member

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    You have learnt the lesson and seem to be now on the right track.
    And selling the extra stuff which you purchased and don't really need it might help you in getting some good amount of money and help you in starting again with the advertising.
     
  5. adam.jn

    adam.jn Regular Member

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    Right, and you would know that how? Do you know me? No... Please don't follow this if you're going to be a prick.
     
  6. kengaime

    kengaime Newbie

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    I saw 3 different cars in your photos

    Sell 2 of them and with $$ you get back, buy an established site on flippa or start with paid advertising again as daichi said
     
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  7. illfounded21

    illfounded21 Senior Member

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    Impressive earnings.

    Though I don't see how you spent 300k on the things in the pics?
     
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  8. favorshows

    favorshows Regular Member

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    I'm a little curious if you had such success why did you stop?
    I see that you made all the money within 2 months, so I assume the offer you had was really good but expired or it was something?
     
  9. adam.jn

    adam.jn Regular Member

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    Defo learnt the hard way bro lol
    All I got left is one car and the quad.. and obv my computers lol, everything else is sold.
     
  10. futurestunner

    futurestunner BANNED BANNED

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    553447_10151006643198995_689036439_n.jpg
     
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  11. Mr Stark

    Mr Stark Regular Member

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    Damn dude :O Can you share what you did back then ?
     
  12. adam.jn

    adam.jn Regular Member

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    Not all the money in 2 months, that was BH monies ;) I made money on other networks doing FB PPC, then the offer I was using got killed so I found another, then it got killed too... then I went to NZ for 8 months and basically lost touch with the marketing scene.
     
  13. Reyone

    Reyone Elite Member

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    You stress the point that you are 22, so what? xD
    Don't you see the im 13 yr/old dude banking hard?

    As they've already told you, the smartest thing to do is to sell your shit and reinvest.
    Good luck
     
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  14. JFoulds

    JFoulds Power Member

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    Following eagerly! Best luck in your journey my friend!

    As for my personal suggestions, as echoed by some of the other posters here - sell your luxury items you don't need and invest that money back into online work. I've found over the past 3 years that the phrase 'you have to spend money to make money' is definitely true in online marketing. True, you can make money without spending much or at all, but you can speed things up a hell of a lot with a little investment!
     
  15. florflor

    florflor Senior Member

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    Definitely interested in this. I've never been that rich but I know how methods can't be scaled to infinity and eventually stop working. One cannot always just simply change with the times. Plus I'm in some debt too.

    Had this myself and tried some things that just don't make me money. Very interested in this thread.

    I hope you paid your taxes on that. If not, you're fucked!
     
    Last edited: Jan 17, 2013
  16. twitter.followers

    twitter.followers Elite Member

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    That's really sad. You will proably need to computers to work on, lol. So, you can try either with the car or squad.
    Or you can go the hard way without any investment but that would take a little longer time to cover up everything.
     
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  17. adam.jn

    adam.jn Regular Member

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    What made me the most money was BH stuff on FB, events, apps, pages, external pages, like jacking, share jacking, app jacking, java exploits, chat jacking.... I did everything under the sun lol
     
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  18. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    I hope you ran all that through a limited company and didn't take it as personal income. £300k would have been a massive personal tax bill but SIGNIFICANTLY less with a limited company and good accountant.

    If not, I suggest you setup a ltd asap.
     
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  19. jozvaldo

    jozvaldo Junior Member

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    Nice wheels!!! :)
     
  20. meathead1234

    meathead1234 Moderator Staff Member Moderator Premium Member

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    I almost forgot... the first thing you should do is buy some books on personal finance. Generic ones like Rich Dad, Poor Dad and Richest Man in Babylon should be a good start. You clearly haven't learnt anything from this as all you've done is posted pictures of the stuff you bought.

    With that £300k you made, you should be on your way to early retirement, not trying to claw your way out of debt. If you had assets to show for it, it wouldn't have been as bad, but looks like you just spent it all on liabilities and depreciating "assets".

    Also... sell that car. Why do you need a BMW if you're in a debt? If a car is essential to get around, you can pick something reliable up for a few grand that will be a lot cheaper to run.
     
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    Last edited: Jan 17, 2013