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Investment

Discussion in 'Making Money' started by ittechs310, May 27, 2010.

  1. ittechs310

    ittechs310 Junior Member

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    I have a financial backer and am looking to invest in some kind of web venture, any ideas?

    Also looking for anyone who wants to partner up, I have the funds in place.

    Thank you.
     
  2. MisterGemini

    MisterGemini Senior Member

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    What is the backer familiar with as far as ventures go, and how much is he willing to back? $100k? $500k? $10mill?

    What stake ownership is he expecting?

    You want to create the next facebook or something like that?
     
  3. ittechs310

    ittechs310 Junior Member

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    Yes, its actually 30k.
     
  4. MisterGemini

    MisterGemini Senior Member

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    $30K won't get you much honestly. It could be a start though if he is interested in something like:

    A) Starting up a web service of some kind. Link services are pretty hot I'm sure everyone here would agree :)

    B) Develop a tool to sell. fbapp? iphone app? Or even a properly devised SEO tool can still do well today.

    C) Build some kind of content network for affiliate sales.

    D) Start an ebay store! :p

    F) Develop your very own product specifically to sell on CPA networks. Similar to acai weight loss products, or something else you can easily whitelable develop.

    These are all things that can be done with $30k.

    How successful it will be will depend largely on the business experience and management of the guy that gets involved in the project.

    Is this backer US based or a foreign guy? We aren't taking money from Thaksin Shinawatra or bin Laden here are we? :)
     
    Last edited: May 28, 2010
  5. ittechs310

    ittechs310 Junior Member

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    I was thinking more along the lines of something Ipad related, like protective cases, carrying cases or something........
     
  6. MisterGemini

    MisterGemini Senior Member

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    You mean like hundreds that are already made like you see here:

    Code:
    hxxp://w3.ipadcasestore.org/
    Not sure why you would come to a BH forum for this. $30k isn't even enough to cover the first lot of manufacturing. You are up against huge brands out there already in the space.

    Unless you already have a killer marketing plan, I'd recommend looking at something else.
     
  7. wyomble

    wyomble Registered Member

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    If you don't have much experience you may want to look into buying a website that is already established. I do that quite often myself. For $30,000 you can get a solid business that makes $2000 - $3000/month.
     
  8. exXtr@

    exXtr@ Power Member

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    I would go with wyomble on this one. but make sure you check out the site first and get all info possible. could be they faked the stats or something. but there are some gems out there, just gotta find them.