How much should you invest to be successful in IM

Its the new year guys.
I am setting up goals for this year(2014) and one of them is to reach the $100/day Mark,
Because I know if I can achieve that I would easily reach the $5k/month mark.

My question is, how much did most of you guys start your IM journey with? And how long did it take you until you saw returns.
I am currently working part time and I want to save up some cash in order to start on my IM journey.

My main method would be, creating Adsense websites, thus I need to budget cash for Keyword research, Webhosting, domain and a 3-5 Month SEO campaign.

Cheers

I started with nothing

Ohh

Vonais said:

I started with nothing

Click to expand...

how long did you take till you got to the $100/day

Keyword research is free .
Webhosting costs $3-6 per month for a business one.
Domain costs $1 < try honey app for google chrome and buy a domain on godaddy.
You can do SEO work on your own, for a low competition niches it is sufficient.

I started with 10grand and nearly blew it all. I got down to my last 2k and realized I was just spending and chasing my tail. Restrict yourself to a small budget and you will be more creative and ultimately figure out a way to make shit work.

I don't believe there's a strict answer to this.

Everyone's mileage varies a lot.

I know when I first started a very long time ago. I invested like 5,000 and failed. I was able to learn a lot from it though and it paid off in the long run.

kacperp94 said:

Keyword research is free .
Webhosting costs $3-6 per month for a business one.
Domain costs $1 < try honey app for google chrome and buy a domain on godaddy.
You can do SEO work on your own, for a low competition niches it is sufficient.

Click to expand...

Thanks for your reply

lizmoz said:

I don't believe there's a strict answer to this.

Everyone's mileage varies a lot.

Click to expand...

True, I just want an idea, of atleast how much I should come up with

I started with $7.50 a month for hosting and $6.00 for a domain name.

I invested over 10,000$ in the process of 3 years before I hit paydirt.

Time is the most precious commodity you're going to invest. What RayRolls said, is entirely true; spending doesn't mean anything in IM. Just like most of us when we started out I blew like 12k without any results, the moment I spent it all I really needed to get the money back and that's when I started to earn.

I think this should be measured in time - not money. Sure money will help you out but it can easily be wasted if you don't allocate it properly.

You only really need a domain, and hosting. Make some websites and play around till you have a basic knowledge. Putting money in with little knowledge, will just waste the money.

I invested $12 and in 3 months I made $100 and just started to invest bit by bit. I was 15 at the time, I'm 18 and now I have a steady four figure income.

Started with $0, it took me like 2-3 years to start making passive income with sales, managing and else. Now I am very happy that I spent these years not playing games or doing shit.

Good question

My answer is depends what you go into.

I started with senuke .. A couple of websites and selling simple services on CL

my costs all told where about $250 a month

when I started CPA and affiliate marketing .. Well that's more trial and error and work .. So if you had $2000 then you could get going without much trouble.

bol

I will tell you my story OP.

I started with $0. Literally, only a PC and internet.
But slowly I started investing in hosting with the cash I was given for the month and stuff.
Then on June, I got a huge $420 sale, and decided to buy: GSA SER + GSA Indexer + GSA Captcha + SERengines + 10 proxies + a decent VPS.
To be honest, by that time (June 2013) I was expecting to be earning like $1k/m with everything I was doing. Then a blog from 2009 ranked on its own and it brings around $25-$200 a month on avg and all that money I have used it on services to try and ge my still-on-the-works $100/day goal. From my own pocket I just invested around $20 or so, then, LUCKILY, that 2009 blog ranked and has been my earner all of this time.

And to my bad luck, it seems that I can only rank stuff only with GSA SER which obviously is nothing good in the long run.

Thinking about what I did with the money and what I am earning right now ( a big fat $0 ), I think I should have withdrawn the money and bought stuff. But hope and faith that I would have reached $100/day made me invest that much...

Ohh well...

In short, it doesn't matter if you invest or not, there's always some shitty excuse or problem that will keep you from succeeding...

To end the rant, I worked super hard last year (yes, all 12 months) and still I am earning a big fat $0 daily!!!

Only hope, faith and the wish to succeed are keeping me alive on the IM world...

MotivatedNewbie said:

Its the new year guys.
I am setting up goals for this year(2014) and one of them is to reach the $100/day Mark,
Because I know if I can achieve that I would easily reach the $5k/month mark.

My question is, how much did most of you guys start your IM journey with? And how long did it take you until you saw returns.
I am currently working part time and I want to save up some cash in order to start on my IM journey.

My main method would be, creating Adsense websites, thus I need to budget cash for Keyword research, Webhosting, domain and a 3-5 Month SEO campaign.

Cheers

Click to expand...

I started with nothing but your shorting yourself with $100 a day mark. Start much higher like $500 a day. $100 a day isnt jack shit. The Vets here are making at least 1k a day.

I never looked at it as $100 day or whatever, I just did my thing and made my money

any newbie should be at $100 a day within 2-3 months ,if not this isnt for you

Only thing I invested was my time,willingness to learn and blood and sweat to grind out

The 1st month I did nothing but reading and learning an/2nd month I implmented