what can I do with $20k??

YInfo

Junior Member
Joined
Jun 27, 2019
Messages
110
Reaction score
43
I have more than 7 Years experience and I have earned all my funds online. Funny enough am a developer, project manager with lots of experience on blockchain development also.

Am aldo a digital marketer and a professional internet marketer, I have lots of skills and experiences.

But really I can't get a business to settle with. Well, there are lots of ideas out there, but really I want to start making profits from the first day of launch.

Let me explain what I want


Am looking for a business that has lots of profits and requires less inputs by humans. I can develop any automated system to handle any process, so am looking to reduce daily running cost and maybe employ just 1 person for the daily management of the platform.



Few Months ago I use to have lots of business ideas but suddenly it seems they all aren't gonna cool to me anymore.

The good thing here is that, the platform will be developed by me and maybe require help from my team if its a wide development, so I can reduce lots of cost putting up the platform.

I have a UK Company ready for business.

I am confused, am looking for a new idea, am looking for a great idea, or a profitable niche I can still compete within. Your suggestions wikll go a very long way for me



Regards!
 
Create a business focused on exactly what you know: programming. Start the business - you do the programming. For sales, hire a salesperson. This will be your first and most important employee, he or she will call prospects daily, get you clients and projects. Pay him/her a commission for every successful new client gained. Invest the majority of your funds in a good salesperson (getting clients should be your #1 concern).

After you get 10 clients, you can start outsourcing and automation. After this, you can create your own product. That's where the BIG money is.
 
Create a business focused on exactly what you know: programming. Start the business - you do the programming. For sales, hire a salesperson. This will be your first and most important employee, he or she will call prospects daily, get you clients and projects. Pay him/her a commission for every successful new client gained. Invest the majority of your funds in a good salesperson (getting clients should be your #1 concern).

After you get 10 clients, you can start outsourcing and automation. After this, you can create your own product. That's where the BIG money is.


Thanks for the response. I have done clients jobs for more than 7 Years, now its time to create my product!



Regards.
 
İ can give u suggestion : create an automated yt comment toprank bot. The bot which will monitor the position of your yt commwnt on vids and auto-delete , commwnt again + upvote whenever it is deranked by other comment . This bot will be a goldmine , as there is no such one
 
I may be too dumb to be of any help here but I definitely understand wanting to have a businesses with minimal maintenance and small human management/employment. I always thought that if I ever got to the point of financial freedom, I'd get a system developed that helps real estate agents map average income of zip codes in real time (more or less.) I would probably bring on board some salespeople who work based on commission to push the application to agencies and independent agents.
 
İ can give u suggestion : create an automated yt comment toprank bot. The bot which will monitor the position of your yt commwnt on vids and auto-delete , commwnt again + upvote whenever it is deranked by other comment . This bot will be a goldmine , as there is no such one



Thanks for dropping something.

But I want the product to be pure legal and legit. A real business, a real internet product.



Regards.
 
Hire an agency to build a funnel, hire another agency to run/manage ads for you and sell leads to companies.
 
Thanks for dropping something.

But I want the product to be pure legal and legit. A real business, a real internet product.




Regards.
U Will have hundreds of people from CPA and other industry who would not mind to pay 100$/month for this service
 
Deposit in mutual funds. Diversify in multiple streams. Never put all money in 1 thing
 
I may be too dumb to be of any help here but I definitely understand wanting to have a businesses with minimal maintenance and small human management/employment. I always thought that if I ever got to the point of financial freedom, I'd get a system developed that helps real estate agents map average income of zip codes in real time (more or less.) I would probably bring on board some salespeople who work based on commission to push the application to agencies and independent agents.



Thanks!

But I would seek for a better idea which can be used globally

Regards!
 
Since you have the money i'd suggest you go into partnership with someone that has business or invest in an existing business
 
I'm looking for a co-founder. I'm sending you a message.
 
Deposit in mutual funds. Diversify in multiple streams. Never put all money in 1 thing
Seriously? Mutual funds are shit. If you want to go an investing route. Inevest in ETFs like spy, qqq, dia, vti.
 
Find and invest in a great business which is already making some profit. Just a fraction of your money would go a long way in turning many businesses into money making machines. I have one, but funding is the issue.
 
hi,my suggestion is if you are able to make video tutorials and pdfs of what service or subjects or products of you know well,just try to sell it through different platforms.like youtube,amazon,fiverrr etc..if you start with free course and if your presentation is good,people will be attracted to your site.you can lead them to your facebook ,instagrams account then..gradually try to invest in inventing something new service or products(like a new antivirus,or special robots to read ,write and type messages etc..) and if you succeded in that product..then you know ..take patent for that and give advertisement...hope it will be useful for you in some way
 
Well, there are lots of ideas out there, but really I want to start making profits from the first day of launch.

Possible with the right product and a bit of luck, but unrealistic in most cases. If it was that easy, we'd all be doing this. Look into ecommerce if you want faster returns, but it takes a lot of effort, finding the right product(s), funnels, upsells, marketing, etc.

SAAS is a good option too. Find a popular service that's already proven in the market and make yours better. Start with a whitelabel or cheap script to see you can get traction with your marketing skills, and build you own after.
 
Why not partnering with Amazon Affiliate and creating bulk micro niche site and rank them?

Also buy keywords for all products and rank them you'll get passive income of 2 or 4k monthly without doing nothing and for the rest of life!
 
You can invest in my holiday trip, I will send you some nice photos when I get back (will cost another 5k)
 
Back
Top