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Make money with £10?

Discussion in 'Making Money' started by jp607, Jan 8, 2009.

  1. jp607

    jp607 Newbie

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    Hey

    School got this competition next month, basically the people who run the comp are given each team or participant £10, and then the group has a month to make as much money as possible with that £10.

    How would you make the most money in a month with just £10?

    Was wondering about doing some dropshipping on e-bay, but what are your thoughts?

    Thanks guys!
     
  2. toonarme

    toonarme Junior Member

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    I presume that this is a pretend tenner?

    Spread bet. Go short on any retail or bank shares and you'll make a fucking fortune...

    :)
     
  3. jp607

    jp607 Newbie

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    nah its a reall tenner :p

    I know people who are entering just for a free £10 lol
     
  4. lewi

    lewi Jr. VIP Jr. VIP Premium Member

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    we did this when i was at school.... but was £1 each......

    our group went and brought and sold ice lollys as it was really hot and they were sold with massive profit on every one sold....

    30p per icepop and they cost like 5p to 10p to buy

    we pocketed all the cash and gave them back their investment and said that alot were stolen... looool

    Another group who won decided to wash cars for all the teachers (30 or so cars) and charged £5 per car..... there were 4 of them but watever as you have a month and we only had a week.

    Best of luck to you but they will probably want something offline
     
  5. toonarme

    toonarme Junior Member

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    Disclaimer : Toonarme is not licenced by the FSA and as such is not authorised to provide financial advice to anyone anywhere ever. So don't take any feckin notice of anything he says...

    @Lewi - How you doing buddy? I'll hit you up after on MSN, quick question for you.
     
  6. ukescuba

    ukescuba Jr. VIP Jr. VIP Premium Member

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    find a host thats doing $1 special -

    research some niche keyword targeted domians buy nine .info sites off godaddy... think they are still doing them for 99c

    create micro sites using joomla and optimize it - try and sell each site for $50+ as quick as you can

    rinse and repeat...

    davejug beat me to it ...darn... lol
     
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  7. jp607

    jp607 Newbie

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    yeh ok, thing is though, we need to be thinking of ways to make like over £2k in a month lol. Last year's winners made like £1.5k !! In a month!

    EDIT: Also it's a national thing not just my school :p So a lot of competitiors!
     
  8. ukescuba

    ukescuba Jr. VIP Jr. VIP Premium Member

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    9 x $50 is $450... should be able to do that if theres a few of you in a couple of days...

    Re-invest the money do the same again but instead of 9 sites you do can do in theory another 450 and if you sold all them at $50 each that would be $22500 making you the clear winner....

    obviously not as cut and dry as that... but you get the idea... you have a month and probably could have created a site already in the time youve spent on here just thinking about it...

    drop the price to $25... offer it as a service.... you should make more than $2k if you put your mind to it and have extra hands to help...
     
  9. jp607

    jp607 Newbie

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    right ok, but what sort of sites should i create? Tbh, me and my friend got 2 arcade sites a blog, but he's the more techinical side :p They'd need to be hassle free, and the guys i'm doing this with have no past experience whatsoever?

    What niches should i look into?