1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Bajbro's Journey to Pay off Debts

Discussion in 'My Journey Discussions' started by Bajbro, Oct 16, 2013.

  1. Bajbro

    Bajbro Newbie

    Joined:
    Oct 10, 2013
    Messages:
    3
    Likes Received:
    1
    Hi all, i'd like to thank everyone who's created so many helpful beginners guides.

    To start, id like to say something about my current financial predicament. I don't really have any debts, but the second semester will be coming up soon and I don't have the money to pay for it. Its been half a year since HS and even though i'm going to a community college due to monetary constraints, it looks like I won't be able to pay for books despite being able to pay tuition by the next semester.

    So i've decided to take a risk and get into IM, which ive researched before but nothing like now. In my introduction i was interested in site flipping but that's since changed. In my experiences, its best to just do something rather than endlessly searching the web and fantasizing.

    This will sound stupid, but before my time here, i was very unorganized; my greatest organizational feat is a two month running accounting sheet with every penny ive spent and earned listed to make sure im always actually making money or saving some. I ran off a savings account for everything. I've since created a checking account, a reorganized all my financial records, set up direct deposit, & online banking. Tomorow ill be setting up the ability to accept credit card transactions.

    My plan is a 4-point slew of noob-oriented "projects."

    These are altered versions of many sort of beginner's projects:

    1. The popular "rip&rehash dating eBooks to promote affiliats and PPS" idea. Planning on making 2 modified niche versions.
    2. Some pintrest stuff to hopefully make $10 per day.
    3. A youtube channel based on the guide using dashcams and security footage for ad clicks and YT partnership
    4. An adult autoblogging network and ultimately tube site. This has the majority of my interest, i think it has the most learning potential when it comes to creating sites and not creating content.

    My primary project is the last one, with my secondary being the youtube channel. i think that the adult entertainment industry has a lot of money to be made in it and the taboo keeps some people away. I think theres a large number of ways to monetize these sites and it can teach me the most about running a website. I'd like to make a broad network and site, and then make 2 very niche-related ones.

    The first two projects will hopefully provide some small, but nice & dependable income.

    My journey is primarily a learning experience, as a i stated previously, doing is better than researching. Ill be getting $700 tomorow and can afford about $300 to put into startup. I plan to be working this like a third job, for a total of about 32 hours this week, and >40 next week. If i can start making >$1500
    per month, ill quit my jobs and allocate 50 hours per week to this.

    My goals are exponential:
    $5 per day by this month's end
    $50 per day by next month's end
    $100 per day by december's end
    $500 per day by january's end

    I hope these are relatively realistic considering my hourly budgeting.

    My current financial dream is to surprise my parents with the gift of getting them out of debt, but that might be aiming too high because theres still about 300K of that. If i make that kind of money doing this, then theres no reason it cant first go to them since there'd obviously be more
     
  2. fistor

    fistor Regular Member

    Joined:
    Feb 29, 2012
    Messages:
    256
    Likes Received:
    315
    Location:
    A mind needs books as a sword needs a whetstone, i
    I feel you man, been there :/

    PM me whenever you need help, I'll see what I can do. :)
    Best of luck!
     
  3. Bajbro

    Bajbro Newbie

    Joined:
    Oct 10, 2013
    Messages:
    3
    Likes Received:
    1
    thank you, i will and would but i apparently cant pm till i have 15 posts :/
     
  4. Bajbro

    Bajbro Newbie

    Joined:
    Oct 10, 2013
    Messages:
    3
    Likes Received:
    1
    So, i have some good news. it looks like ive met a business partner.

    We both have a class together and ive worked with him on projects before but this would be totally different. We both have access to HD camera's and professional lighting & sound equipment, but he also has access to actresses. Itll be like zach & miri haha.

    It looks like we'll be able to produce our own HD content for the website which is a big plus.
     
    Last edited: Oct 17, 2013
  5. Jason Wolfe

    Jason Wolfe Junior Member

    Joined:
    Jun 14, 2013
    Messages:
    112
    Likes Received:
    18
    I just wanted to say that what you're doing (aiming to pay off your parents' debts) is very noble. I wish you the best of luck and I really hope you'll succeed!
     
  6. Logician

    Logician BANNED BANNED

    Joined:
    Apr 4, 2013
    Messages:
    584
    Likes Received:
    581
    Good luck on your journey. I'll be following.
     
  7. fistor

    fistor Regular Member

    Joined:
    Feb 29, 2012
    Messages:
    256
    Likes Received:
    315
    Location:
    A mind needs books as a sword needs a whetstone, i
    Well do you need anything right now?
    I could pass you my skype via PM. :)
     
  8. BigMammoth

    BigMammoth Registered Member

    Joined:
    Oct 15, 2013
    Messages:
    67
    Likes Received:
    27
    Location:
    UK
    It's a breath of fresh air seeing someone mention realistic targets and ambitions lol.

    It sounds like you're really well grounded & articulate. Best of luck!