Yeah, dropshipping can be a gamble for sure. I want to spend it on something that will be able to grow overtime. Possibly making $xx a day or something.If I were you I'd invest this in building assets - Niche websites, Facebook pages, Instagram accounts et al.
So for instance, if you're building an authority site - it'll get you somewhere decent in the building process. Or if you're building a Facebook Page - it'd get you somewhere decent. You could purchase a starter site on Flippa that's making $x a month.
You'll have to realize that $2500 is starting step for a lot of things and decent money for a lot others.
For instance, you mentioned dropshipping - building a dropshipping site is easy. However, it's equally super easy to spend $2500 in advertisements and not gain anything if you don't know what you're doing.
If you have money to invest, spend it on building sustainable assets.
Thank you so much for that information!It is a good amount to start with on online money making.
You may invest in reselling digital products like ebooks, software, videos, audios, email lists, images and templates etc. All these digital products can be sold again and again to many people as they are digitally downloadable.
Also you can automate your business. Try emaillistusa dot com reseller lists or buyplrebooks dot com plr products. Invest little in buying them, build your own website and sell them, also keep some for advertising your website/business.
Thank you for the advice.Buy and sell good domains
Interesting, I should look into this. Any idea on how long it would take to build a website that could generate $xx a day?I would buy a website with traffic but no earnings because it's cheap and then I'd scale it.
Or buy an aged domain for 1k and the rest of the money can be spent on writers.
Or invest in several autoblogs (either PAA or AI content). Content is cheap to generate nowadays. You may get 1 successful website out of 10, so this is not as safe as WH blogs.
I wish I could just gift money like that. Unfortunately I can't as of now, but maybe in the future!Gift it to one lucky member of BHW. Like a raffle draw.
I actually had this in mind too. Do you have any experience with this? I would be interested in finding someone who could do this.This budget is more than enough to hire a good team of freelancers (writer + video editor + voiceover) and start creating videos on Youtube.
I thought about that actually. Any idea on how long it would take to build a website generating $xx or $xxx per month? Or how much it would take to do that?You could easily get you a nice domain with backlinks and that will give you a good push to start a nice site. That would honestly be your best bet as investing in anything else would probably just be gambling. For example you could find you a nice product then invest the money in Google ads but you may not always necessarily get any sales.
Do not have any experience with crypto unfortunately. I could learn though.Spend with crypto if you are good with it,
I will, if I do!You should enjoy spending the money![]()
I think there could be some things, but there is always going to be risk for sure.$2500 is too little to invest in anything. Risks always come with the investment. If you accept it you can try some crypto.
Alright, thank you for the advice.If you have experience and expertise on anything invest on that.
Just do not invest on anything you have 0 knowledge.
And ya, no venture if you do not have experience or at least do not know about this.
I wish I could just give out money like that... XDGive it to me![]()