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{Method Request} $100 - $150 Startup Budget

Discussion in 'Making Money' started by SickeM, Jun 12, 2017.

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  1. SickeM

    SickeM Newbie

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    Hello BHW,
    I'm looking for some direction on a good method to use with this budget anywhere from $100 - $150
    range that could get me around $20 at a consistent rate that I could scale out over time. I've done a good amount of looking around at methods on here and still looking and soaking up knowledge but just having trouble locking into a method. I've been working on my mindset and building a stronger don't give up mentality and just looking for guidance to get a foundation for starting ground so I can get to work.
    If you don't mind throwing some Ideas that would be greatly appreciated. Spoon-Feeding isn't necessary just some light on a method as I would like to get have something started to learn with and suggestions on what I will need to sharpen skills on and I will put the work in as I know there is HQ information here to help overcome obstacles that I may stumble on with journey. Thanks in advance for any tips or information given!

    -Persistent
    -Resourceful
    -Good with Graphic Design
    -Starting Budget $100 - $150
     
  2. Black Hat Pivot

    Black Hat Pivot Newbie

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    If your good at graphic design why not use the money to set up a site offering graphic design services (use WordPress and make it look as professional as you can) print some business cards and offer affordable design work to some local businesses.

    Simple jobs you can outsource.

    The harder stuff you can do yourself.

    That's about 50 bucks start up cash.

    I did this for a few people who knew I did web design, had very good profits.
    One project I outsourced for 40 bucks and charged 350!
     
  3. primechecker

    primechecker Junior Member

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    maybe go to upwork and check the job postings there and actively message others. I think you need a good portfolio to show off or something to be convincing. I know someone who makes graphic design projects and he tried to outsource stuff, so maybe you can work out something with him.
     
  4. SickeM

    SickeM Newbie

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    Good Idea. I am trying to shy away from the Graphic Design services I can see how me stating
    "Good with Graphic Design" would put you on that idea quickly I guess I just added
    that part Incase it would be useful in the method Idea I could just do it myself instead of paying someone to.
     
  5. Black Hat Pivot

    Black Hat Pivot Newbie

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    Ok then take your money go to ali find a product that you think might sell well,
    Check out the market for it. If you find something your happy with buy a few to test to market if it sells well scale.

    Finding the right products is the hardest part, think of products you have had trouble finding in the past.
    Don't go buying a ton of phone case or anything, you need to fund some thing niche so the market isn't full of vendors all ready.

    Rinse & Repeat!

    Use your profits to find and buy new projects and then once your getting sick of packaging everything hire a fulfillment company.
    Scale.

    I am making this sound very easy, it's not. It takes time and invest but does work.

    Also, take into account the fees of what every marketplace your using.
     
  6. SickeM

    SickeM Newbie

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    Thanks for the information man I appreciate you taking the time to help out! I'm going to give it a look.
     
  7. Black Hat Pivot

    Black Hat Pivot Newbie

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    No Problem, Also if your going to be reselling items on a marketplace like ebay make sure your listings look pro!
    Get good photos (hire someone or get a lightbox and do it yourself) and write in detail about your products.