blackbeans
Elite Member
- Nov 29, 2008
- 9,247
- 4,807
If you've got 2,000 USD saved up, I need you to sit down, take a deep breath, and stop thinking about making quick money. Seriously.
If you want to hang on to that $2,000, you need to fight the urge to get rich quickly.
A lot of people think that if they have some sort of capital, they just need to find the “right idea” and spend their hard-earned money.
That's how you go broke!
I commend you for having the discipline and willpower to set aside $2,000.
After all, every dollar saved is potential capital.
Capital can be grown; capital can be turned into a business; capital can fuel your dreams.
Congratulations on that!
But you have to have a clear mind.
And, unfortunately, there are just so many people out there saying that if you invest in ‘this’ or if you do ‘that’ with your $2,000, then you’ll make $4,000 back—$10,000, $20,000, whatever the number may be!
You have to be clear as to what you plan to do with that money, so it can grow.
A little bit of intellectual and emotional clarity at this stage can pay off handsomely in the future.
The first thing that you need to ask yourself is, “How much money do I want this $2,000 to turn into?”
Here’s the secret: feel free to dream.
If you think that you deserve or you want $100,000 from your $2,000, write it down!
Don’t stop yourself from dreaming big.
Think big—that’s fine!
But you also have to look at this process in context because you're going to have to put in the work.
Just because you can dream doesn’t mean you can fantasize—these are two totally different things.
Number two: “What kind of skills do I bring to the table?”
What do you know?
Can you determine ROI? Can you pick out a team? Can you put together processes?
Did you notice from my questions that I didn’t say, “Can you do SEO?” or “Can you write?” or “Can you be a virtual assistant?”?
I didn’t ask that; I didn’t ask for those skillsets.
Instead, I asked skillsets that have something to do with entrepreneurship because if you want to turn $1 into $1,000, you better be an entrepreneur.
You cannot be a worker.
You have to think with a business mind.
So ask yourself: “Do I know the value of buying low and selling high? And am I willing to put in the time, effort, and energy to make that happen?”
Are you willing to sacrifice? Are you willing to be disciplined?
Step number three: “How much time do I give myself to look for opportunities that fit my entrepreneurial skillset?”
This is crucial because a lot of people quickly get excited about a “get rich quick scheme,” and they end up losing their shirt.
I've seen it happen all the time!
And, I hate to admit it, it’s happened to me once—my wife got into this Ponzi scheme from her coworker.
And, to cut a long story short, I lost several hundred thousand dollars!
So you have to ask yourself, “How much time do I give myself to thoroughly research opportunities?”
Step number four: “What are the core elements of an opportunity?”
This is how you separate garbage opportunities from gems!
Garbage opportunities just want your money—that’s the bottom line.
If somebody says to you they want you to invest in a scheme where you get a 1% growth rate every week, you're not really doing anything; you're just putting in the money.
That’s a red flag!
They can sugarcoat it or even try to confuse you with all sorts of technical bullshit like some crypto schemes (not all!).
But, at the end of the day, that's all that's required from you.
So you have to ask yourself, “Is this ‘opportunity’ just all about getting money from me?”
If that's the case, forget about it!
The next thing that you need to think about is whether the opportunity fits what you already know.
This is crucial because there has to be some sort of firm foundation, as far as your personal knowledge goes.
If you don’t have that firm foundation, it’s going to be very easy for you to get fooled and scammed.
Question number five: “Does it fit my willingness to know?”
This is equally important!
You have to understand that you don’t have to be an expert to make money.
You have to make sure that the opportunity fits in with what you're willing to learn.
You don’t necessarily have to be an expert in something for you to become successful in it; you just have to have the drive and passion to learn more.
If you ask yourself all these questions, you should be able to come up with a clear picture of what kind of opportunity makes sense for you and what kind of work you need to put in.
At the end of the day, whether you're investing or partnering up with somebody, it still requires work.
Because if the only thing that's required from you is just to put your money in and ask you to have blind faith in the project, step back—it could be a scam.
If you want to hang on to that $2,000, you need to fight the urge to get rich quickly.
A lot of people think that if they have some sort of capital, they just need to find the “right idea” and spend their hard-earned money.
That's how you go broke!
I commend you for having the discipline and willpower to set aside $2,000.
After all, every dollar saved is potential capital.
Capital can be grown; capital can be turned into a business; capital can fuel your dreams.
Congratulations on that!
But you have to have a clear mind.
And, unfortunately, there are just so many people out there saying that if you invest in ‘this’ or if you do ‘that’ with your $2,000, then you’ll make $4,000 back—$10,000, $20,000, whatever the number may be!
You have to be clear as to what you plan to do with that money, so it can grow.
A little bit of intellectual and emotional clarity at this stage can pay off handsomely in the future.
The first thing that you need to ask yourself is, “How much money do I want this $2,000 to turn into?”
Here’s the secret: feel free to dream.
If you think that you deserve or you want $100,000 from your $2,000, write it down!
Don’t stop yourself from dreaming big.
Think big—that’s fine!
But you also have to look at this process in context because you're going to have to put in the work.
Just because you can dream doesn’t mean you can fantasize—these are two totally different things.
Number two: “What kind of skills do I bring to the table?”
What do you know?
Can you determine ROI? Can you pick out a team? Can you put together processes?
Did you notice from my questions that I didn’t say, “Can you do SEO?” or “Can you write?” or “Can you be a virtual assistant?”?
I didn’t ask that; I didn’t ask for those skillsets.
Instead, I asked skillsets that have something to do with entrepreneurship because if you want to turn $1 into $1,000, you better be an entrepreneur.
You cannot be a worker.
You have to think with a business mind.
So ask yourself: “Do I know the value of buying low and selling high? And am I willing to put in the time, effort, and energy to make that happen?”
Are you willing to sacrifice? Are you willing to be disciplined?
Step number three: “How much time do I give myself to look for opportunities that fit my entrepreneurial skillset?”
This is crucial because a lot of people quickly get excited about a “get rich quick scheme,” and they end up losing their shirt.
I've seen it happen all the time!
And, I hate to admit it, it’s happened to me once—my wife got into this Ponzi scheme from her coworker.
And, to cut a long story short, I lost several hundred thousand dollars!
So you have to ask yourself, “How much time do I give myself to thoroughly research opportunities?”
Step number four: “What are the core elements of an opportunity?”
This is how you separate garbage opportunities from gems!
Garbage opportunities just want your money—that’s the bottom line.
If somebody says to you they want you to invest in a scheme where you get a 1% growth rate every week, you're not really doing anything; you're just putting in the money.
That’s a red flag!
They can sugarcoat it or even try to confuse you with all sorts of technical bullshit like some crypto schemes (not all!).
But, at the end of the day, that's all that's required from you.
So you have to ask yourself, “Is this ‘opportunity’ just all about getting money from me?”
If that's the case, forget about it!
The next thing that you need to think about is whether the opportunity fits what you already know.
This is crucial because there has to be some sort of firm foundation, as far as your personal knowledge goes.
If you don’t have that firm foundation, it’s going to be very easy for you to get fooled and scammed.
Question number five: “Does it fit my willingness to know?”
This is equally important!
You have to understand that you don’t have to be an expert to make money.
You have to make sure that the opportunity fits in with what you're willing to learn.
You don’t necessarily have to be an expert in something for you to become successful in it; you just have to have the drive and passion to learn more.
If you ask yourself all these questions, you should be able to come up with a clear picture of what kind of opportunity makes sense for you and what kind of work you need to put in.
At the end of the day, whether you're investing or partnering up with somebody, it still requires work.
Because if the only thing that's required from you is just to put your money in and ask you to have blind faith in the project, step back—it could be a scam.
niffum
Registered Member
- Sep 12, 2020
- 69
- 31
Good advice. But where to find these opportunities ?
Northerner
Junior Member
- Jan 31, 2020
- 191
- 9
can you list such services? Thanks
Grand Next
Junior Member
- Mar 10, 2019
- 177
- 67
if you want some passive income, my suggestion is to invest in Amazon affiliate if you have some SEO knowledge and enough time to work on
HunterLife
Banned for rules violation.
- Feb 27, 2021
- 1,184
- 669
i Personally Recommend keep it save until you dont get Better Opportunity and Dont rush Yourself to spead it .. always Think Before Investing
Maxmum Alee
Junior Member
- Feb 12, 2020
- 175
- 100
Invest in cryptos or buy some stock in your country's market.
YatishSoorma
Newbie
- Jul 14, 2021
- 16
- 8
2000 USD is enough to start with affiliate marketing. Start with Amazon and when you get the hang of it, start promoting other offers.
DunderMannen
Elite Member
- Sep 11, 2019
- 2,135
- 1,986
I'd say buy some longterm stocks (like bluechips). Safe investments plus you can pretty much pull out whenever you want since it typically doesn't decline that much (aka don't have to sell at a loss).
crnack
Banned for repeat violations
- Oct 10, 2017
- 1,351
- 1,558
This copy was worth $60. Rewrite it to your blog and you have the starting point.
helanderio
Regular Member
- Nov 15, 2014
- 469
- 266
There is only one answer and it is "invest in yourself". Buy courses, get information. If you don't have knowledge of how to spend 2000, you should spend that 2k to get information on what is the smartest way to spend 2k.