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What would you do with $300k

Discussion in 'Making Money' started by jeffos101, Oct 29, 2009.

  1. jeffos101

    jeffos101 Registered Member

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    What Original project would you invest in or business would you start if you had $300k ?

    - Preferrably Online Business
    - Preferably aimed at a general audience
    - 100% White Hat of course ;-)
    - Should be a project any decent business person could set-up & run (with the right team). i.e nothing specialized, Like building a module for the CERN's Nuclear Supercolider
    - Which has relatively quick and steady ROI i.e with a business model with easy monetization plan
    - Preferably an Original Idea or a Next-level Version of a Proven idea
    - Be preferably an online Trend poised to be a success for the next 2/3 years or more
    - That would not require too large of a team to put together orginally

    A lot of Requirements but should leave room for some Nice Ideas...
     
  2. mrshine

    mrshine Newbie

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    Play poker :)
     
  3. TonyDavis202

    TonyDavis202 Junior Member

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    Buy a Ecommerce domain name with a certain niche with 200-300k UV monthly visitors ($10-30k), buy bulk of any product cheap product (Ex: 5k of adult toys, mobile accessories, soaps and household products, or anything normal people buy constantly ), outcsource your customer service ($700/month for phone, live chat and email support), get a warehouse to stock product ($2-3k monthly), hire 2 family members to go to warehouse and do nothing but shipped ($2000), Buy Traffic in Bulk Monthly (Buy the 100k vistors monthly, a seller here on BHW), get a Word Press Blog and Blog 3-5 times per day (Pay someone to write them on BHW. $2/ article) and Spend Atleast 2-3k a month in PPC Campaign to approve your traffic even more and brand.

    The formula above works great, trust me, I know. The constant traffic, the Blog and Advertisement should add to your money and should not cost you no more than $20-40k to start. Follow the method above and I assure you, you could do $20-30k in revenue for the 1st Month (40-60k if you do it right). 30-50k/month in your 1st year. Or you buy 1 BIG site thats ranked # 1-3 on a certain niche and sell anything you want. Just my 2 cents.
     
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  4. g111k

    g111k Regular Member

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    setup a "workshop" somewhere in India / Philippines and create 3 teams.. for content writing, website building, and linkwheels/promotion... and have them make 5 sites a day for half a year, that should be something like 5 sites x 20 working days x 6 months = 600 sites

    let's say you don't risk anything and just make money with adsense, so each site should make like $3-5/day if u teach ur link building team anything useful

    total cost for 6 months... $40-50k tops? probably less

    income after 6 months... $2-3k per day
     
  5. stressfree

    stressfree Senior Member

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    yeah it's that easy..one word you forgot about "competition"

     
  6. stressfree

    stressfree Senior Member

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    right now...I'd put the money in your bank (s) get a job and wait till things improve. No-one is spending. People, businesses. It's a storm stop trying to sunbathe in it.
     
  7. zSpyderx

    zSpyderx Junior Member

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    To Much Overhead and competition that needs to be considered and researched.
     
  8. TonyDavis202

    TonyDavis202 Junior Member

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    There is competition in EVERY business.

    Well in ecommerce business, most dont price shop $5-10 items. Theses are impulse buyers. And also, with 200-400k visitors monthly, selling a cheap crap at a 0.5%-2% buy rate at $10 per transaction, we are talking some good amount of cash.

    I say this because I do something similar and there are tons of competition but because my site gets about 80k more viewers than my cheapest competition, I most likely sell more than them.

    Its all about traffic. When you start with traffic, the customer will eventually buy, even though there is competition. Just make sure your CS is good and i assure you, the site will grow and do well.
     
  9. moneykz

    moneykz Junior Member

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    with 300k I would dominate a high traffic keyword in google like dating, acai, make money.
     
  10. TonyDavis202

    TonyDavis202 Junior Member

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    Research is needed before you spend a dime. Formula worked for me but this is all I do so I put a lot into its growth.

    Best of luck!! I wish I was bless with 300k when I began. Well maybe not.
     
  11. seomedia

    seomedia Registered Member

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    Invest in a bar, and then suddenly any extra profits will *cough* appear as extra profit though the bar! ;)
     
  12. MsMoneyMagnet

    MsMoneyMagnet Registered Member

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    I would look into media buying and make CPA my bitch.
     
    Last edited: Oct 29, 2009
  13. JBatman

    JBatman Registered Member

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    I'd buy an Avid video editing machine and rent out a small shop in LA or NYC. Then I'd rent it out to small independent film makers at an hourly rate.
     
  14. ForeverNever

    ForeverNever Power Member

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    I would probably buy a $200k house to live in then invest $100k in a business.
     
  15. CFelectro

    CFelectro Newbie

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    with 300k id take the plunge and do what i love, day trading.
     
  16. nufaman

    nufaman Elite Member

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    What's the point of this idiotic thread?
     
  17. jeffos101

    jeffos101 Registered Member

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    We're Sidetracking guys.

    I am talking about online Business. Not sit on it, invest it in stock market, in a Bar or anything of this nature. Anything creative and sensible ?
     
  18. im n0t lurer

    im n0t lurer Regular Member

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    i would rent a coder (a really good one) and have him make a special fillter to stop all wasting-time threads posted on BHW, and give it for free to diamond dave :)
     
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