It was way easier when I only had $30 to start with. How do you overcome the fear of losing?

Followlix

Followlix

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When I didn't really have money to invest in stuff it felt easier to start doing something.

When I had $30 the decisions were easier: $8.88 for a domain, $2.88/month for hosting, and boom, that's it. It just felt like that $30 gave me infinite possibilities.

But now I have a little bit over a grand which I want to put into something and for the past month I've just been staring at the walls not knowing what to do with it because of the fear of losing it.

Even if a grand doesn't sound like much for some, it's quite a bit of money for me.

I have so many ideas floating around, from popular ones such as:
  • Amazon Affiliate
  • Dropshipping
  • SMM Panel
To more obscure ones such as:
  • Fortune cookie monthly email (basically you pay $5 a month and every day you receive a fortune cookie in the email that does a little animation and then boom there is your fortune cookie message of the day)
I really fucking want to start doing something but I just have a mental block.

What would you do if you were me?
 
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s1mer said:
To more obscure ones such as:
  • Fortune cookie monthly email (basically you pay $5 a month and every day you receive a fortune cookie in the email that does a little animation and then boom there is your fortune cookie message of the day)
I really fucking want to start doing something but I just have a mental block.

What would you do if you were me?
Click to expand...
Don't do that, nobody will pay for email lists providing 0 value.

Go into dropshipping/POD if you got some startup capital! Although I'd advice you to learn the ins-and-outs of it via free traffic. This will also help warm your pixel if you want to do FB ads later on.

And yes, you can achieve 6-figures/month with free traffic only.
 
What happened to your 8$ domain and 2$ hosting investment?
 
DunderMannen said:
Don't do that, nobody will pay for email lists providing 0 value.
Click to expand...
People will pay for something that makes them happy/curious/etc.

People are paying for zodiac newsletters and whatnot, so it might work.

But, again, it was just an idea.

DunderMannen said:
Go into dropshipping/POD if you got some startup capital! Although I'd advice you to learn the ins-and-outs of it via free traffic. This will also help warm your pixel if you want to do FB ads later on.

And yes, you can achieve 6-figures/month with free traffic only.
Click to expand...
I've only made money via free traffic, never paid traffic.

I consider it a really powerful tool actually.

Thanks for your input!

Twirelex said:
What happened to your 8$ domain and 2$ hosting investment?
Click to expand...
Made an Amazon Affiliate website, it produced a few hundred, sold it.

The niche was so boring + Amazon decided to cut my affiliate from 8% to 3%.
 
Whole my traffic is free, I started with YouTube, realized how to work with few more platforms.

Free traffic beats paid, you can invest in paid ads unlimited amounts, and I can still make more with free, because no paid traffic can compare with organic.


The only investment I could advice is BTC buy range 3-5k sell range 9+k
 
BbHhWwVM said:
Whole my traffic is free, I started with YouTube, realized how to work with few more platforms.

Free traffic beats paid, you can invest in paid ads unlimited amounts, and I can still make more with free, because no paid traffic can compare with organic.
Click to expand...
I've also had this idea for a while.

Example: Starting a car YouTube channel + Instagram page, growing them, and selling products afterward.

The main problem is that I'm not really sure what content I could create on the YouTube channel since I ain't gonna make a living recording my 2007 Ford, haha.

BbHhWwVM said:
The only investment I could advice is BTC buy range 3-5k sell range 9+k
Click to expand...
I don't think I'll ever see BTC at 3-5k range ever again.

Maybe if there is another pandemic going on or something, hah.
 
What's stopping you from the cookie idea? Doesn't really need any investment, right?
 
Aulig said:
What's stopping you from the cookie idea? Doesn't really need any investment, right?
Click to expand...
I realize that idea has a one in a million chance to work out so I just pass it.

I pointed it out because it is a good example of how many obscure ideas are floating around in my ADHD brain, haha.
 
This could work well

https://www.youtube.com/user/SerbianGamesBL2/videos
This also


but I saw many channels doing similar, you could just buy a hammer

and record (zoomed) how you penetrate some things :D

you can also slow motion

people will always watch something new
 
BbHhWwVM said:
This could work well

https://www.youtube.com/user/SerbianGamesBL2/videos
This also


but I saw many channels doing similar, you could just buy a hammer

and record (zoomed) how you penetrate some things :D

you can also slow motion

people will always watch something new
Click to expand...
Ahhhhh you brought back some memories.

I've had a friend which is doing his YT journey and in winter last year we said that this summer we're gonna start a car-crushing-things channel haha.

We eventually left the idea after finding a shit ton of channels doing the same shit and not going anywhere. (Example)
 
I WAS IN YOUR EXACT SHOES ABOUT 7 MONTHS AGO.

I have been fucking around with IM for a few years made a bit of money nothing crazy. I remember being scared of investing $20 for an Instagram bot.

Then college application time was about six months away and I really didn't want to go. My parents always said if I could prove to them I can make it some other way they would back me but my $2 og ads earnings weren't going to cut it. I kept thinking to myself why has nothing I have done made me good money. So I spent some time on this site and other looking at what the people who were actually making money were doing and there's three things I noticed. The people who make good money have either spent a fuck ton of building something and got super good at it or they have invested a good amount of money. OR they have done both. Now I looked at my self and 99% of the stuff I was doing was a 2-3 month half assed effort max. I knew a little about alot. I had a good amount in my bank account from working and one day I said fuck it. I would rather try and fail then never know. So I built a niche website hired a team of writer built backlinks wrote content on page all that stuff. And you know what. I invested alot of money and I failed. I also learned that I fucking hate seo. But I truley think I gave it a fair shot.

Next venture I decided I wanted to learn paid traffic because fuck google and their updates. I thought a good way would be to start an ecom store I was browsing aliexpress and I found a product that literally no one was selling and I thought had good potential. I spent a bunch of time learning and didn't half ass my way through any of the building or design portion. I starting running Instagram influencer ads and I am making the most money I ever have online. I bought a bunch of the items in bulk and now fuffil the orders myself.

Moral of the story you gotta take risks live life dangerously. the money I lost on the site I built I could of bought alot of really nice car parts but you know what I learned a fuck ton from it.
 
When I created my website, I was afraid to invest 10$ in it for the article. Now I'm spending around 400-500$ per month just on the articles. Once you start seeing the growth, you'll be happy that you invested money into something you love. Your website needs to be like your child. Give it some love, care, money and candy (backlinks), it will be forever grateful.
 
llama77 said:
I WAS IN YOUR EXACT SHOES ABOUT 7 MONTHS AGO.

I have been fucking around with IM for a few years made a bit of money nothing crazy. I remember being scared of investing $20 for an Instagram bot.

Then college application time was about six months away and I really didn't want to go. My parents always said if I could prove to them I can make it some other way they would back me but my $2 og ads earnings weren't going to cut it. I kept thinking to myself why has nothing I have done made me good money. So I spent some time on this site and other looking at what the people who were actually making money were doing and there's three things I noticed. The people who make good money have either spent a fuck ton of building something and got super good at it or they have invested a good amount of money. OR they have done both. Now I looked at my self and 99% of the stuff I was doing was a 2-3 month half assed effort max. I knew a little about alot. I had a good amount in my bank account from working and one day I said fuck it. I would rather try and fail then never know. So I built a niche website hired a team of writer built backlinks wrote content on page all that stuff. And you know what. I invested alot of money and I failed. I also learned that I fucking hate seo. But I truley think I gave it a fair shot.

Next venture I decided I wanted to learn paid traffic because fuck google and their updates. I thought a good way would be to start an ecom store I was browsing aliexpress and I found a product that literally no one was selling and I thought had good potential. I spent a bunch of time learning and didn't half ass my way through any of the building or design portion. I starting running Instagram influencer ads and I am making the most money I ever have online. I bought a bunch of the items in bulk and now fuffil the orders myself.

Moral of the story you gotta take risks live life dangerously. the money I lost on the site I built I could of bought alot of really nice car parts but you know what I learned a fuck ton from it.
Click to expand...
Your reply kind of hits close to home.

I got expelled from college recently and I want to give myself a year before I go again.

My gut is telling me to start a compilation YouTube channel in a niche I like, start an IG page and after I see some growth with those free traffic methods I can start a dropshipping website with a US supplier and some IG influencer ads. (Since my FB pixel will most likely be 0 when it comes to customer info)

I somewhat hate SEO myself as well, even though I've had a somewhat faster growth the first time I tried it than most people. (I was able to sell the 3 products Amazon requires you to sell in order to keep your Amazon Affiliate account in the first week for example)

But I still don't trust SEO that much. It is just too slow for me. Can I blame it on ADHD? I'm gonna blame it on ADHD.

Thanks for sharing your input!

How's the pandemic treating you in your dropshipping business? (Even though you fulfill your orders yourself)

SpezzNacci said:
When I created my website, I was afraid to invest 10$ in it for the article. Now I'm spending around 400-500$ per month just on the articles. Once you start seeing the growth, you'll be happy that you invested money into something you love. Your website needs to be like your child. Give it some love, care, money and candy (backlinks), it will be forever grateful.
Click to expand...
That's what I think.

I'm scared to start over again but at the same time, I know that if I don't start I'll regret it later on.

That quote "You regret more the things you didn't do that the ones you did do." really hits here, ngl.
 
s1mer said:
I realize that idea has a one in a million chance to work out so I just pass it.

I pointed it out because it is a good example of how many obscure ideas are floating around in my ADHD brain, haha.
Click to expand...
Well it's good that you thoroughly think about your ideas.
Maybe you could do some bs and claim the fortune cookie is personalized to them using an AI :D People will find a way to believe it.

But aside from that, just start an idea that takes little initial investment (like your $30) and then slowly invest more when it makes sense, for example by outsourcing.
 
I'd probably never invest in something that doesn't seem potent enough. Working is more important than scaling.
 
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