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You have to spend money to make money. Is $500 enough?

Discussion in 'BlackHat Lounge' started by Ladder, Jul 22, 2017.

  1. Ladder

    Ladder Registered Member

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    As the saying goes, you have to spend money to make money. Is $500 enough to invest and steadily grow a side income? If so, how should one do so?

    Bonus Question: How much is enough to start investing and/or flipping your money into something bigger? It is $1,000? $5,000? $10,000?
     
  2. 55trillion

    55trillion Power Member

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    Depends where you invest
     
  3. W9go

    W9go Elite Member

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    with money you can accelerate it but its no guarantee for success.

    you can also start with little investment and learn first ;)
     
  4. MisterF

    MisterF Jr. VIP Jr. VIP

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    $500 is enough, $50 is enough if you know what you're doing.

    Depends on your goals and aspirations.
     
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  5. Conorvlad

    Conorvlad Registered Member

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    I don't think it's entirely true that you need money to make money, not from my experience anyway. You can replace start up money with some determination and patience that will give you the initial investment you need. But yeah, I would have been very happy with $500 to start and speed up the process.
     
  6. ViridWeb

    ViridWeb Jr. VIP Jr. VIP

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    Like every business there's no guarantee that you will only make profit.. It depends on where you invest and how you use the money..
    You should have more knowledge about that work where you investing..
     
  7. Lunaaa

    Lunaaa Elite Member

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    depends on what you want to do:
    Want to grow the next biggest social network? $500 wont make a dent.
    want to start a blog where you write all the content? Then yes its enough
     
  8. Ladder

    Ladder Registered Member

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    What small ventures could you start with $500?
     
  9. Ladder

    Ladder Registered Member

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    What's a typical startup range for the bolded?
     
  10. MisterF

    MisterF Jr. VIP Jr. VIP

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    How long is a piece of string ?
    Where do you live, what are your skills ?

    A guy I know set up in the UK quite a few years back cleaning out peoples wheelie bins. He had an old second hand van, bought the pressure washer then went door to door and soon had a busy round. So much so, he ended up employing 6 guys each had a van and a round and he retired.

    The world can be your oyster if you have driver and clarity of vision as to what you want to do and what you are capable of doing.
     
  11. randofishk

    randofishk Registered Member

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    Trying to figure out that also.
     
  12. speedhawk45

    speedhawk45 Regular Member

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    as @MisterF said.
    you need to be sure on what you're doing. and that you can do, by knowledge.
    first spend tiny amounts of money on things and test them.
    https://www.blackhatworld.com/seo/the-ultimate-blackhatworld-thread-repository.915304/
    ^ compilation of good threads

    the thing is before putting in the money. you must be confident that you are going in the right direction.
    you can do this, there is a sales thread over here and the seller is selling low competition kw's. buy 1 of them, lets say, a clickbank kw.
    then learn about SEO and try to rank it. there is a seller here who is selling 8 dollar kw's.
    https://www.blackhatworld.com/seo/e...rank-illuminati-keywords-free-samples.741220/

    @nihalsad , the seller, has written good threads over here on bhw, he MAY give you some insight on how to rank but honestly he can only guide you, the rest you have to do youreslf and i suggest before asking him or anyone else, you have a read on SEO.

    but read the first thread i linked you to and try to be confident in investing. don't just follow what i said.
     
  13. BASICPOWER

    BASICPOWER Jr. VIP Jr. VIP

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    If you work hard you need to invest less if not ..you need to invest to work money for you.