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I have $1,000CDN in paypal; what can I do to generate income?

Discussion in 'Making Money' started by mikemcory, Nov 13, 2011.

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  1. Nov 13, 2011
    #1
    mikemcory

    mikemcory Newbie

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    Hey guys, I have $1000 to invest online, what should I do to generate more money out of the thousand? I want to create an automatic flow of income but I'm kind of a noob. Please share your advice, I need the expertise.

    Thanks
     
  2. Nov 13, 2011
    #2
    awtprod

    awtprod Junior Member

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    What are you good at? What can you offer? Develop a solid business plan and take action. $1000 can take you a long way if you develop an actual business plan. But if you just throw it at something random then you'll just piss away that grand.
     
  3. Nov 13, 2011
    #3
    howard_hughes

    howard_hughes Elite Member

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    I'd say, keep a test budget of $100-$150, If something works, only then spend more trying to scale it up.
     
  4. Nov 13, 2011
    #4
    DigiWebUk

    DigiWebUk Regular Member

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    I know of very distant relative of yours thats just passed away in zimbabwe and has over 2.5 billion usd saved up.

    to make sure you recieve your massive sum you should send your $1000 to my paypal account. Which then we will release the 2.5 billion in due time.








    .... Honest! it's real :p
     
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  5. Nov 13, 2011
    #5
    mikemcory

    mikemcory Newbie

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    I have a top rated sellers ebay account, I'm good at buying and selling things, but I wanted to maybe pay someone to start up a website that would generate income, or if someone had something I could buy and sell and a very good price/profit margin, I would invest. I'm nineteen, I smoke, I drink, I have fun, I hang out with a bunch of chillers, and I just want to make a lot of money; I have easy access to the age group of 14-23, at a personal level. Please give me some inspiration guys!
     
  6. Nov 13, 2011
    #6
    awtprod

    awtprod Junior Member

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    If you're good at ebay and sourcing items, try signing up for an order fulfillment service. You can send them your inventory and they will automatically do all the shipping and handling. You can set it up to be pretty much automated very easily.
     
  7. Nov 13, 2011
    #7
    DigiWebUk

    DigiWebUk Regular Member

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    Right... you need the following :

    Market samurai
    Scrapebox
    Godaddy or other domain account
    Adsense account.

    Build a long term income through adsense through micro niche sites, then build on those micro niche sites and turn them into authority sites, which then you flipp for big profits.

    Then it becomes a cycle and just like riding a bike you have a viable income.
     
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  8. Nov 13, 2011
    #8
    mikemcory

    mikemcory Newbie

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    I already have a domain site, I bought it about 2 months back when I thought internet marketing was something I'd like to pursue; I haven't really built on it though... it's http://www.mcorymoney.com ; any suggestions on how I could monetize it? keep inmind I'm new to this game
     
  9. Nov 13, 2011
    #9
    MoreMoneyMoreProblem

    MoreMoneyMoreProblem BANNED BANNED

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    First you need an eye catching site that is unique... Sorry to say but your current site is not that eye catching and probably would turn visitors away. If you need someone to whip you up an eye catching WordPress ran site let me know... Plus I have experience making cash online and investing.
     
  10. Nov 13, 2011
    #10
    mikemcory

    mikemcory Newbie

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    Oh believe me, I know my site is shitty as hell, im no expert at building sites... Having someone fix it up is definitely an option.
     
  11. Nov 13, 2011
    #11
    DigiWebUk

    DigiWebUk Regular Member

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    Drop it! drop that site altogether starting something from a site that doesn't actually represent anything will be alot harder then starting with micro niche sites.

    Get some micro niche site information, search on it read up and learn before jumping in, you'll make more by micro niche sites then you would with that site altogether "ever".
     
  12. Nov 13, 2011
    #12
    world_beststuffs

    world_beststuffs Newbie

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    ok you can add me at YH world_best_vaild so that we i tell you what to do ok .. STAY BLESSED AND HOPE TO SEE YOU THERE
     
  13. Nov 13, 2011
    #13
    DigiWebUk

    DigiWebUk Regular Member

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    Be wary of this guy ^^^^^^ one post and he's wanting to help you out!

    it smells fishier then my lasses ***** :p
     
  14. Nov 13, 2011
    #14
    Ste Fishkin

    Ste Fishkin BANNED BANNED Jr. VIP

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    get it out of paypal before they F you over
     
  15. Nov 13, 2011
    #15
    mikemcory

    mikemcory Newbie

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    You don't think there's any hope with that website even if i revamp the whole thing? :p
     
  16. Nov 13, 2011
    #16
    DigiWebUk

    DigiWebUk Regular Member

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    what i'm tryin to say is the website is a site that has no meaning in the domain name itself, so know actually knows what mcory money is, your going to have to build up a reputation just to try and drive traffic there which will be long and hard, if your looking for fast results other options are the best i'm afraid.
     
  17. Nov 13, 2011
    #17
    mikemcory

    mikemcory Newbie

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    I've just read a bit about micro niches; I think I need to read more about adsense though, I'm not signed up, and never really explored into it...
     
  18. Nov 13, 2011
    #18
    DigiWebUk

    DigiWebUk Regular Member

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    Don't just dive in like others, take a little time to get some information on things.

    it'll pay off in time.
     
  19. Nov 14, 2011
    #19
    mikemcory

    mikemcory Newbie

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    Are there any programs that would generate/help me out with micro niche ideas? Programs that would give me ideas on what to base the site on? :p
     
  20. Nov 14, 2011
    #20
    Baked

    Baked Newbie

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    Buy a pound of the dank dank. Sell it. Repeat for easy cash.

    Enjoy.
     
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