- May 4, 2020
- 321
- 367
Not really if you know what you're doing you could break even in 10 months if price stays the same.
I have $20,000 to spend, I dont think there is a way for me to make $50 passive income per day from it
- Thread starter quicksilver1121
- Start date
- Mar 11, 2013
- 5,482
- 9,580
Going for 8 ventures and each venture takes 1 hour a day.
What is the chance to fail if you start making money from day 1 by some of them?
francis christin
Junior Member
- Feb 22, 2019
- 185
- 56
I would say find some stocks that pay dividends,
put those dividends back into more dividend-paying stocks
you can pledge those holdings to get a loan, use it to invest in property or any business
put those dividends back into more dividend-paying stocks
you can pledge those holdings to get a loan, use it to invest in property or any business
Santiz
Registered Member
- Apr 2, 2022
- 62
- 22
Do you recommend creating a lot of simple projects, ultra-mvp, or just a hypothesis-testing landing page? And already continue to develop what shows growth?
But even testing is lazy.
I have a problem. A lot of bad experiences, ideas do not shoot out. Habit of doing everything myself, trouble with delegation. Therefore quickly burn out, comes the understanding that I stomp in place, that so I will not achieve the goals. But also a growing project on which I could safely hire people does not come.
As a result, small projects are no longer interesting, I do everything with my own hands, I do not see prospects in small projects. Laziness is born, it seems that the work will not pay off. Severe clinical procrastination.
I cannot choose a big idea, which I could invest my time and soul into, either. No faith in ideas.
And I have a lot of experience, well at least the observation, I spend my whole life in the online business. But I feel that I have lost the thread, no understanding of how to continue.
- Mar 11, 2013
- 5,482
- 9,580
So if you can't put your ideas into reality, I guess you'll do ideas for other people.
My idea is to make bank. My idea is to produce. I will do whatever the market wants and sometimes add something extra from myself.
If I can't delegate, I don't. If I really need to delegate, I delegate.
I like to have challenging responsibilites, but not something that would force me to sacrifice my own good.
I mostly delegate tasks that are out of my scope ie. creating 5 year old domains, creating aged accounts, collecting data.
That's my experience.
I prefer this approach because I don't get bored and my mind doesn't get stucked on one problem. It's a definition of freedom for me.
I can't say what someone will prefer cause I only know myself.
It pays off if your idea fits the market. At some point you get used to testing ideas.
And there are more ways to sell / monetize an idea than one might think.
If you understand what type of transactions are done in your industry and at what frequency, you know what to do. Then success is just a set of steps you have to take.
Santiz
Registered Member
- Apr 2, 2022
- 62
- 22
And how many directions do you lead at the same time? You're not testing, but you're already working all the time.
Do you delegate only small tasks? You don't put a supervisor on projects?
- Mar 11, 2013
- 5,482
- 9,580
No. I said the otherwise. I delegate tasks that would take too much time without someone's help. I take care of my projects. I don't need staff at the moment.
Tiposbingo
Newbie
- Dec 12, 2017
- 9
- 1
Buy 2x vending machine for 10-15k 
timothywcrane
Supreme Member
- Apr 25, 2009
- 1,339
- 741
$20k looking for $50/day?
Cricut machines and a simple website...
POD stickers for the Etsy SELLERS
I will UCE for you with a few thousand of it.
Cricut machines and a simple website...
POD stickers for the Etsy SELLERS
I will UCE for you with a few thousand of it.
timothywcrane
Supreme Member
- Apr 25, 2009
- 1,339
- 741
or POS
TheOverlord
Regular Member
- Sep 1, 2014
- 298
- 190
Buy 2x vending machine for 10-15k
Vending machines are definitely not $50 per day, but also, they are not 10-15k for two
- Mar 11, 2013
- 5,482
- 9,580
What do you think about running this business in Poland? How much is the minimal initial investment? I have 6 phones right now. I know dongles are better, but maybe I could start in a week lol.
- Dec 16, 2021
- 200
- 30
I think you should buy Crypto and hold 3 year. Kaka
Raku
BANNED
- Dec 27, 2021
- 13
- 11
Best advice ever in order to become a Hobo
Not 100 percent passive, but I’d invest in YouTube. take 200 and buy a pre monetized channel. Then pay to have videos made in one of the high paying cpm niches (Do your research). it’ll cost 60 -100 bucks per video on fivver. By video 10 you should be making 50 bucks per day From the channel.
Fakeha Crypto
Newbie
- Sep 1, 2018
- 36
- 16
crypto invest and make easy recurring income.