Discussion in 'BlackHat Lounge' started by mr_anderson, Jun 26, 2009.
First, learn about how investing works.
Risk only happens when you're doing something you know nothing about.
What kind of investing do you plan to go to? Any interest of any kind? It's very hard to study about something that you don't have a liking for.
PM, maybe I can point you to some great books to start off.
You could try out CPA with $1000 and you'd hopefully make your money back, I'd invest in different methods in order to lower the risk of you losing your money.
Starting your affiliate network requires a bit more than 20k pounds.
I won't give up a niche I'm planning to do, but it's probably illegal in UK anyway ---- that being said you can hire people; just need to know what you hire them for/to do
Thanks for your replies all. I'll research CPA.
Shadyz - I'll pm you, thanks.
Invest 15k into marketing
Invest the other 5k into becoming a DJ.
Invest in my company, I need 20,000 pounds but I'll have it back when the Nigerians pay me.
No but seriously, find something you are knowledgeable in and stick with it.
Do you have SEO knowledge? If not then I would say to start learning, go to digitalpoint and buy some decent site after some keyword research, etc. Invest around 30% of the price of that same site into link building and getting a GOOD SEO to check it out and fix on-page issues and pushing better conversion rate.
After that happens and you start link building, improving the site and some Conversion Rate Optimization, you should have a steady source of income that will eventually make up the initial investment, Once you have 3-4 properties just like that, hire an SEO and copywriter full time to update your sites. Audit their work every week and also sometimes in a spontaneous manner. This will keep them honest and working.
After that you should have enough SEO, SEM and BHW knowledge to just expand in different ways. My advice is to take things slow and steady. Once you learn how to make $100/mo and with your initial budget you will be able to do wonders in no time.
Separate names with a comma.