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Ideas To Start Online Business With 500$ ..

Discussion in 'Making Money' started by kalrocking, Sep 16, 2013.

  1. kalrocking

    kalrocking Newbie

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    Hi Guys

    I am really fed up of working whole day as a freelancer and need to start something online by investing 500-1000$ . But really can't figure out what to start with. Dont want to make fast income but slow passive income is ok for me .

    Your suggestions and ideas are welcome .. ​

    Thanks
     
  2. HeRBaR

    HeRBaR Supreme Member

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    Start a service reselling shop.
    Invest your money in SEO and to gain some leads..
     
  3. kalrocking

    kalrocking Newbie

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    thanks for reply ... But cannot understand the concept exactly ..
    Can you please tell me in brief ??
     
  4. novel92

    novel92 Regular Member

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    Create a website on how you make money as a freelancer, get traffic to it, using seo or by talking about it on forums, maybe advertise on freelancer forums on how you make money as a freelancer, build a list and set up an autoresponder full off valuable stuff, depending on your budget you'll start getting more and more subscribers, then you basically ask them what their biggest problems are, you send out a service and ask them what they want to know about, you can also do this with just 500 subscribers if you focus on giving value all the time. If you've built a quality list you'll get a lot of responses and you tailor a nice product for them on how to make money as a freelancer... and then you sell it to them... since you've build a ton of trust you can assume that you'll get a very high conversion rate out of it... that's how you start... then you can offer high priced coaching and training if you're really passionate about it. That's how you start building a nice passive income. Get the foundation down by building a nice list and the whole thing will grow over time, so that at one point, you can just quit your work as a freelancer, and rather teach others how to do that... after one year you can even send your email list that if they're fed up with working as a freelancer all the time too, that they should start their own business and you show them how you've build their own passive income and you can sell them further products, training and couaching on how to build a passive income and they will fucking love you for it and everybody will be happy! :)
     
    • Thanks Thanks x 3
    Last edited: Sep 16, 2013
  5. Tronn

    Tronn Newbie

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    We have been doing eBay from home full time since 2006 and we love it. If you like the idea of eBay, get yourself a copy of eBay multi millionaire Neil Waterhouse's new eBay book called "Million Dollar eBay Business From Home - A Step By Step Guide" and follow it to a tee.
     
  6. davids355

    davids355 Jr. VIP Jr. VIP Premium Member

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    Depends what you enjoy doing, and what skills you have.
     
  7. DBMEDIALLC

    DBMEDIALLC Junior Member

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    By service reselling shop, I'm pretty sure he means start a site where you sell services, then outsource those services to freelancers. Then you profit the money in between and get out of the freelancer industry yourself.
     
  8. kd19148

    kd19148 Junior Member

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    Good advice here, or if you don't want to deal with services anymore you can become a drop shipper of products which you can sell off your own site with some promotional efforts like seo and media buying as well as ebay.
     
  9. virtualhacker007

    virtualhacker007 Jr. VIP Jr. VIP Premium Member

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    Find a niche with a decent number of exact montly searches. (30,000+). Buy a SEO service off the marketplace here, and get your website ranked for the keyword.

    About 8-9 months back, I had invested about $300 into ranking a website for a 40,500 exact searches keyword, and from that time, I am making a decent $1300-$1500 a month from that niche till today!

    So yeah, better invest into SEO.

    N.B: You might want to get recurring services if you have no idea about SEO.
     
  10. zenoGlitch

    zenoGlitch Executive VIP Jr. VIP Premium Member

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    Maybe there is a reputable proven site on a flippa auction in that price range that just needs a little tlc.
     
  11. macdonjo3

    macdonjo3 Jr. VIP Jr. VIP Premium Member

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    Depends on your skill. If you have none, learn to program this month, do some freelancer projects to practice, then start coding your own software to sell.
     
  12. rreeve

    rreeve Newbie

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    This is not an online business but it is a way to give up your day job.
    You could try your hand at HYIP investing online. It's considered high-return, high-risk investing but if your smart and you spread your money about, you can make a killing. Basically, you can get 8% profit PER DAY.
    The problem is, you run the risk of losing your money if the website suddenly disappears. But, to reduce this risk, there are plenty of webites that tell you which sites are still paying out. So what you do is you spread your investment over 5-10 different HYIP sites and let your money grow for two weeks, after the two weeks, you then request a withdrawl and use 5-10 different sites and keep doing this. If you do this, in the two week period you might find 1 or 2 of the sites has shut down but the profits you make from the sites that are still paying out more than cover these losses.
    It's a way to play the system but you are always taking a risk. HYIP sites are ALWAYS closing down and starting up but you just use your common sense and invest under the belief that it's highly unlikely every site you give money to will disappear in a fortnight. The links I've provided below will explain this type of investing but search google for strategies to limit your risks.

    With $500 earning 8% growth per day. And don't forget, you will get 8% on top of the previous days profits too. So, over two weeks you will have...

    Day One: 500 + 8% = 540
    Day Two: 540 + 8% = 583
    Day Three: 583 + 8% = 630
    Day Four: 630 + 8% = 680
    Day Five: 680 + 8% = 735
    Day Six: 735 + 8% = 794
    Day Seven: 794 + 8% = 858
    Day Eight: 858 + 8% = 927
    Day Nine: 927 + 8% = 1001
    Day Ten: 1001 + 8% = 1081
    Day Eleven: 1081 + 8% = 1167
    Day Twelve: 1167 + 8% = 1260
    Day Thirteen: 1260 + 8% = 1360
    Day Forteen: 1360 + 8% = 1469

    So you see, over just 14 days at 8% per day, your investment of $500 will grow 194% to $1469.
    You could be lucky and ALL the sites you use to invest could still be paying out in two weeks, or you could be unlucky and 2 out 10 close their doors and disappear. Either way, with growth like this you can afford to get scammed by the odd website. If you consider HYIP, make sure you check all of the authorities to see if the sites you choose are still paying out before you hand over any money and keep and eye out for anything that could indicate it's time to move your cash.

    http://www.privatehyipforum.com/index.php?/topic/350-2-top-10-mistakes-people-make-in-the-hyip-world/

    https://www.topcapitalists.com

    http://www.uhyips.com/hyip/topcapitalist-4055
     
    Last edited: Sep 16, 2013
  13. crystalrichie1

    crystalrichie1 Registered Member

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    Try a monthly box subscription -- it's all the rage now. And not to mention it's residual income.
     
  14. anguschkong

    anguschkong Junior Member

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    May I know your serp? what is your monetize method?
     
  15. Sampler

    Sampler Senior Member

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    Start a service which you can do yourself. Then
    once you have customers and proven that the
    service is in demand, pay $500 to a proven web/software
    developer to automate as much of the service as
    possible. Then, get more customers until you have
    enough money saved to automate the whole/most of
    the service.

     
  16. macdonjo3

    macdonjo3 Jr. VIP Jr. VIP Premium Member

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    If this was anything half decent, Kevin O'Leary would be all over this, but rather he claims to only make about 8% per YEAR off his money.
    OP, be careful.
     
  17. watsonovedades

    watsonovedades Senior Member

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    Create authority website targeting middle keywords and build your own SEO High PR network of sites this way will control the link juice and rank any middle competition site, start domain reselling wich is also instantly rewarded
     
  18. cryptons

    cryptons Jr. VIP Jr. VIP Premium Member

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    It totally depends on what skills u r expert in IM is a very big industry and have profits in all parts just need to do everything correctly!
     
  19. qlithe

    qlithe Power Member

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    Hire someone to hit the search button for you
     
  20. CEPI

    CEPI Power Member

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    HYIP is complete BS, I didn't know Bernie Madoff was on BHW. I have spoken to several SEC officials and a securities attorney regarding HYIP investments and platforms and they all collapse and not are legally structured. I come from an IB background, and don't ever put your money in that BS because you never know if you're the first guy in who will make cash, or the last guy keeping the boat up ready to lose it all.