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What Should I Take On Next **(LOTS of Time to Invest!!!)**

Discussion in 'Making Money' started by mrgeorge01, Aug 24, 2016.

  1. mrgeorge01

    mrgeorge01 Junior Member

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    What's going on BHW fam?

    Recently I've began my first journey in making money online through methods I've learned here on the forums. Namely, eBay Dropshipping. In my first month I've done nearly 1k$+ in sales and netted 60-100$ profit (I'd have to check #s to give an exact). I'm going to begin scaling in the next month or so (already have my second account, selling household items, etc. to break the 21 day hold on that account for now).

    But DSing is pretty quick for me. Processing sales only takes a few minutes, and once a month I'll spend 10-25 hours doing market research for my new listings. After that there really isn't much for me to do.

    I work 3rd shift in a hotel lobby (I live in the middle of nowhere so we don't get too much traffic thru my hours). I literally have 6.5-7.5 hours (out of 8) of free time a shift. With DSing not costing me too much time I feel I'll easily be able to take on my next task alongside it.

    Now please don't mistake this post as one of the many "How can I make $1,000,000 dollars the fastest in 3 weeks" threads as that's not what I'm asking. Simply, I'm just asking in your opinion, what method(s) do you think I can take advantage of most under my circumstances? I also am free 80% of the time during my hours before work/days off. I can invest 100-200$/every 2 weeks into my endeavours as well.

    Right now I'm highly considering taking the YouTube route, as it's an excellent platform to monetize and I surely have the time to put in the work. I, too, am interested in starting a SEO/Social Media re-selling service/site (I believe this, like DSing may not take too much time after initially setting up though). All insight is appreciated. I can do research on my own, but if you do have any worthy threads/videos feel free to point me the right direction.

    CLIFFS:
    - Have 28-30 hours/week at work to invest
    - Additional 32+ hours/week free time to invest
    - Have had a successful first month DSing (1k$+ in sales | 60-100$ profit | Slowly beginning to scale)
    - 200-400$/month able to invest
    - Enjoy working and learning, not asking for a "hear all, see all' method/I'm too lazy to do my own research (see above, I have some methods I'm already considering)

    More or less just asking for general insight what will be most fitting based on my circumstances.

    Past BH/IM Experiences:
    - iMarcos growing Twitter accounts to 120k+ (combined, across ~12-15 accounts)
    - Grown IG account to 50k in ~ 6 months following/unfollowing & utilizing hashtags
    - Have made 50$ off YouTube in ~ 6-8 months
    - eBay Dropshipping
    - Niche website/Amazon affiliate - 15-30 uniques per day (through IG, twitter, FB links), earned 0$
     
  2. mrgeorge01

    mrgeorge01 Junior Member

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    Bump
     
  3. klesl

    klesl Registered Member

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    Keep growing social media accounts and then maybe sell them or sell shout outs. You have experience so it should be easy and you can scale it up.
     
  4. bourrinfurtif

    bourrinfurtif Junior Member

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    Man just scale your DS thing, you are onto something. If you want to go further, I'd suggest creating your own brand for a niche you're interested into, and build it from there. YOur past experience in social media would be really useful.
     
  5. clipp3d

    clipp3d Newbie

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    Niche website/Amazon affiliate - 15-30 uniques per day (through IG, twitter, FB links), earned 0$

    You made $0.00 on Niche site? How's that? You never promoted?
     
  6. mrgeorge01

    mrgeorge01 Junior Member

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    I think I may have made 6$. I only ran for a month, then cut ties to began/focus more on dropshipping.

    All traffic was through posting articles on FB, twitter link, or IG link. Got an affiliate link click or two a day, but sales never really converted. I didn't pay for any traffic though, no.
     
  7. mrgeorge01

    mrgeorge01 Junior Member

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    Any suggestions where to sell? (Is asking this against rules? Will delete if so). Also it's much harder to grow SM now because limits have changed, unfortunately.
     
  8. mrgeorge01

    mrgeorge01 Junior Member

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    Thanks, I'm scaling but slowly. I'm breaking the 21 day hold organically on my 2nd store right now (selling household items, thrift store, etc.), and plan to for the rest of stores (I'm weird the money pending for 21 days gives me anxiety lol).

    I guess building a brand in my own niche has always been a dream. I'm a CPT, too and have gathered a pretty large fitness following (as myself). I guess I've always wanted the money there first before I gave a solid run at a fitness brand (whether it be supplements, apparel, etc. it's all saturated as f*ck now though).

    I'm more or less looking for my next move that would be great under my current circumstances.... I get to monetize my time at work, have a lot of free time outside of work, and make enough money to invest a little out of my paychecks (and hopefully DSing will allow more soon).

    That's why I was considering the YouTube route, but I don't know if that's actually still viable anymore, or what methods are more acceptive/effective. Everything I've read suggest it takes HOURS of work. Which is great for me being that I have over 30 hours a week I can invest while my employer is playing me anyway lol, but I also have the free time during the day...
     
  9. islandman1010

    islandman1010 Elite Member

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    If you have a method that works (ebay) then you should hit that with all your free time and effort that you can. There is no point trying other stuff until you have nailed the first one and milked it for everything it has. $60 to $100 profit in a month is nowhere near to being the potential that you can achieve and you shouldn't be looking elsewhere at all just yet. Actually if you have all this spare time then you have proved you haven't tried the dropshiping method enough yet. You should have spent the 28 to 30 hours developing that with more accounts, more products, more social accounts etc and continue it until you have lots of accounts and a system running almost on autopilot.... then see what time if any you have for something else. If you do it right and focus on it you can milk it and make it work for you without drifting off to the next golden egg.
     
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  10. bourrinfurtif

    bourrinfurtif Junior Member

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    What do you mean by CPT? I'm in fitness too, starting a new brand, I think you need to find a new angle cause selling tshirts and caps has its own limits lol
     
  11. loedown

    loedown Jr. VIP Jr. VIP

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    I'd do some drop shipping :)
     
  12. mrgeorge01

    mrgeorge01 Junior Member

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    Certified Personal Trainer

    I realize that. I'd probably fair well starting a training business, but it's the same concept, saturated as f*ck. A lot of IM methods have far less competition.
     
  13. mrgeorge01

    mrgeorge01 Junior Member

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    I understand that, and I'm not at all backing away from DSing. I just prefer to slowly build each account one by one organically to overcome PP/eBay holds. I guess I never considered using social accounts to promote my eBay listings though, do you have any suggestions how to best execute that?

    My plan was to more or less groom a new account or 2 a month to overcoming the holds (through organic sellings), after that begin DSing on said accounts. I don't see an advantage in automating at this point, as I'm only working with 1 account. I'm totally open to everything you're saying, I guess I just prefer to progress slowly.
     
  14. mancar487

    mancar487 Jr. VIP Jr. VIP

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  15. mrgeorge01

    mrgeorge01 Junior Member

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    Edit: wrong thread lol