Help Me, I need suggestions on how to go further with my life

Hello everyone, I am a new member on this forum and I am impressed with the activity on this forum. This, I would like to ask for a few suggestions from the experienced member on this forum.

First of all, let me tell you about my present situation:
I am a graduate, 24 yrs old guy living in India. I used to work in a private company but I left the job 1 year before. Presently, I mainly make money writing articles. I make about $800 per month which is 4 times my earlier salary in the company. I have about $4000 in total in bank which is my saving. I want to explore more earning opportunities online like adsense, social marketing reselling and clickbank. The problem is my parents do not agree to this and they what me to keep preparing for government jobs. Now, I believe that in order to generate money from different sources online, I will have to diversify and it will require full time work. Thus, I want to know that should I risk with the savings I have got and take a room in a new city, hire two people and give it a try. I want to know that is it logical to use these savings in generating a lifetime income online.

If any one can suggest me using his experience, I will be highly thankful.

 

Sure buddy...why not....i read somewhere.. " Money makes Money"

 

What is your idea? What do you want to do?

It will only work if you are passionate about it. If you show passion for it, have a good feeling that it can take off and can afford it, then I would say don't think twice about it.

 

I want to make money online. I will not say that it is my only passion , but for now I need some money. One thing is very clear, I do not want to do a job for the lifetime. I am not afraid of working hard, during the previous 3 days, I made $160 articles writing articles (kept typing and typing for hours to reach this). I would like to know that how much time and money is required to monetize methods likes adsense and clickbank. In fact, if anyone can suggest any other better method possible with this much money, it will be nice.

 

If people in your area are working for $200 per month, give them $300 and a room with a computer to write articles. You will make $500 profit for each person you employ and you will be giving them a better job than what they had.

 

Well, by the looks of it you are already making money.

Why not continue to prepare yourself for a job like your parents want but continue to increase your earnings? This way you will not be at war with your family.

Parents want their children to succeed in life and numbers talk.
If you can show them a consistent income that is higher than the job they want you to take: They should be sold.

To invest everything you have in something: Haven't got a clue as it totally depends on your personal situation.
Normally you would want to slowly expand though so why not hire your workers to be on a part time basis? Saves costs and risks somewhat I think?

Hope this helps but feel free to ignore as you see fit.

 

Like LBrown said, hiring people is a great way to earn money and to improve life for people and your community. Here's an idea, you can hire some people for more than they usually make and set up a personalized customer service company. You can then offer small businesses personal customer service for their business.

 

Thanks for the suggestion.For $200, I would not be able to get a good writer here full time. Also, the problem is that, I should also be able to generate regular work for the people I am going to hire. Since, I am starting with my online venture and have limited money, I want to make the best possible use.

 

The Prospect of making money is passion enough.

OP there are a number proven/workable online business models, which anyone with a budget like yours can get into and succeed.

And you are already sitting on one. You said you're already making $800/month writing articles?

You could as easily set up an article writing service, put up a standard site, give the existing competition/market a challenging price gap. Put some affordable Indian hands to work. And you're set, selling your services in the US, UK, & Europe. More market than you can exhaust.

 

I so not know which country you are from nut if someone from India is reading this thread, he must be aware about the value that parents give to government jobs as it comes with security. Had a big discussion about this with my father and he told that a $200 government job is better than my present work that gives $800. I have one writer working for me but the problem is generating more work.

 

Don't risk those savings, keep those for when times get hard.

If you have a real talent for article writing then put that skill to your own use.

Create a website and add loads of useful and informative content, add some adsense in good places around the articles. Maybe do some reviews on Clickbank products, or other affiliated products and link to them to earn extra cash.

Then spend a small investment on some good SEO services here on BHW or find some good services for $5 on Fiverr.

I would only start hiring people when you have a good method in place, or you will find yourself throwing money at nothing.

Good Luck!

 

I am making $800 per month writing, but could not think of myself doing this forever. I want to diversify. From the suggestions, I have got so far, I think I should hire two writers and see if I am able to generate work for them and book some profit. Also, can anyone suggest me some hosting where I can host 20-30 domains. I will buy all these in next few days so that my article writers have the work of updating these websites when we are short of orders. Also what will be the cost fo such a hosting.

 

Like i said mate, "put some Indian hands to work" you don't have to do a thing.

But if you're talking about setting up sites with passive income from adsense, or affiliate sales, then you're still in luck.

You could churn out those kind of sites (Adsense Sites) with speed given the privilege of an article writing service.

 

I don't agree. Passion is something that you enjoy doing regardless of the monetary reward. If he had a passion for making money, he'd be out there cleaning streets and making more than that. Or he would have fought his way through to land a job in a stock broking company. A passion + getting paid money for carrying out your passion = success. That simple.

I'd say that making money is not a passion, it is a motive which will certainly help keep the passion greased and working. I have a passion for women so making a shitload of money is enough motive for me to stay in my shitty job making $10,000 so I can spend them on hookers at the end of the month.

Don't get the terms confused.

 

Cleaning the streets and making more than that : Does it happens somewhere. Such a job in my country will not even provide you $800 for an year.

My passion is to do anything creative and helping others and I need money for both. Once I generate some from online ventures, I will invest offline also.

 

You have a point there I think. To them the security of a job for life outweighs the profits you are making now.
I don't think there is a cut and paste answer here really. Just comply as much as you can with your family and prove them wrong over time. Either that, or prepare for their raft.

Erm, all I can think of to increase workload is Fiverr, not much help there I'm afraid.

 

do not do this. You will lose all your money if you are not careful. Never use money to make money in IM unless you know what you are doing.

 

We all have start at some point and the best thing you can do to make things happen is start acting.

 

@OP. Do this!

Learn a bit about adsense/clickbank. Heck, if you write really good articles then see if you can trade them for SEO services for your own websites.

Don't spend any money unless you absolutely need to.

This would also solve your issue getting consistent work for your underling.
Continuous content=>free SEO => good websites => more money

 

In Europe, cleaning streets is very well paid. I know a country where you get about 3000 euros per month and you work 35 hours a week plus benefits. It is a public service job and if you can get pass handling dog shit stuck on the pavement, is actually a reliable and good source of income.

If you passion is doing creative stuff, then my advice is to go for it. Because you are passionate for that, you will enjoy clocking in 14 hours everyday (including weekends). Because of the time and effort you put in, you will be rewarded monetarily.

Of course, make sure that the passion you are going to be making money off actually pays good money (e.g don't go for artsy pansy hippie shit or niches that are way too saturated e.g webdesigning). This is if you want to make big bucks.