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How much should you invest to be successful in IM

Discussion in 'BlackHat Lounge' started by MotivatedNewbie, Jan 4, 2014.

  1. MotivatedNewbie

    MotivatedNewbie BANNED BANNED

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    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
     
    Last edited: Jan 4, 2014
  2. Vonais

    Vonais Power Member

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    I started with nothing :)
     
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  3. MotivatedNewbie

    MotivatedNewbie BANNED BANNED

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    Ohh
    how long did you take till you got to the $100/day
     
  4. kacperp94

    kacperp94 Regular Member

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    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.
     
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  5. Ray Rolls

    Ray Rolls Regular Member

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    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.
     
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  6. lizmoz

    lizmoz Power Member

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

    Everyone's mileage varies a lot.
     
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  7. pompano

    pompano Power Member

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    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.
     
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  8. MotivatedNewbie

    MotivatedNewbie BANNED BANNED

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    Thanks for your reply
     
  9. MotivatedNewbie

    MotivatedNewbie BANNED BANNED

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

    tompots Elite Member Premium Member

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  11. HerpDerpSlerp

    HerpDerpSlerp Power Member

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

    acomoney Registered Member

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    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.
     
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  13. 0_00_0

    0_00_0 Senior Member

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    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.
     
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  14. mickyfu

    mickyfu Jr. VIP Jr. VIP Premium Member

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    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.
     
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  15. officialakash

    officialakash Registered Member

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    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.
     
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  16. lietuvis002

    lietuvis002 BANNED BANNED

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    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.
     
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  17. Danny1111

    Danny1111 Elite Member

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    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
     
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  18. royserpa

    royserpa Jr. VIP Jr. VIP Premium Member

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    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...
     
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  19. MiLiTARYiV

    MiLiTARYiV Senior Member

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    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
     
    Last edited: Jan 5, 2014