1k USD Capital , What will you do?

Discussion in 'General Business' started by engedi05, May 20, 2009.

  1. #1
    HI, if you are given 1k startup capital, what would you do? Please tell me how to use the 1k wisely.:D
     
    engedi05, May 20, 2009 IP
  2. privacy-matters

    privacy-matters Peon

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    #2
    With $1k I'd buy more servers for our company. More servers = more services we could provide = more happy clients.
     
    privacy-matters, May 20, 2009 IP
  3. Social.Network

    Social.Network Member

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    #3
    Did you receive $1k in startup capital for a project? If so, can you share additional details? If you simply want to know what one would do with $1k, I would purchase a ("used") Mac Pro for an iPhone development project.
     
    Social.Network, May 20, 2009 IP
  4. atkins17

    atkins17 Banned

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    #4
    I would like to make more more website to gain more profit.
     
    atkins17, May 20, 2009 IP
  5. NormalAlex

    NormalAlex Guest

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    #5
    I have 1k and its all I got too since im 20 only. Never thought of blowing it all up on the internet but yea, is it possible to somehow set up a website that nobody knows, buy traffic and make money off the adss on it? Is IT FEASABLE?
     
    NormalAlex, May 20, 2009 IP
  6. events

    events Active Member

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    #6
    You could buy part of a company... learn the ropes... and the then eventually make a return on your investment
     
    events, May 20, 2009 IP
  7. seosapien

    seosapien Peon

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    #7
    1. If you don't know SEO, go to seobook.com or get the DVDs from seomoz.org

    2. Find a niche you really enjoy, you really have to love this cause you'll be doing it for years.

    3. Buy a domain that is attractive to you and your friends related to that niche and buy all the basic tld (.com, .org, .net, .us, .biz, etc). Get a cheap hosting package from hostgator.com (under $10 a month) or similar.

    4. Have someone design a template for you, you'll find many good designers here that will charge less than $100.

    5. Set up your website, write your content (don't copy it, write it yourself), use what you have learned from #1 to optimize it.

    ---- You shoud still have a couple of hundred dollars---- Save them for you hosting and other things.

    6. Sign up for an affiliate program related to your niche and/or use googld adsense. Or find any other way to monetize your site (sell advertising, etc)

    7. Get your friends involved, ask them to help you promote your website in their social media accounts (facebook, myspace, etc)

    8. Get a couple of t-shirts printed with your domain and use them in events (sporting events, concerts, at the mall) and ask your friends to do the same.

    9. Work on your SEO constantly.

    If you are patient, you are serious about making money online, you really enjoy the niche and you keep your website up to date by the end of the year or early 2010 you should be making at least $1000 a month. From there on you only need to maintain and grow!
     
    seosapien, May 20, 2009 IP
  8. longblog

    longblog Active Member

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    #8
    go to http://problogger.com and start reading from dusk until dawn. When you understand, you will know what to do with your money.
     
    longblog, May 21, 2009 IP
  9. NormalAlex

    NormalAlex Guest

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    #9
    Nice post, but I would do a few things differently even if im a newb

    1. Free info is available all over the internet I woudnt pay for it
    2. There are a good number of quality free templates for blogs and are easy to manage via blogger.for 10$ a year you get your domain name and hosting on blogger, there are hundreds of free templates to download on ur blogspot.

    And do you really get 1000$ a month after a few months of having a nice layout, new good content every week and a domain?? sounds cool then
     
    NormalAlex, May 21, 2009 IP
  10. timarcher52

    timarcher52 Peon

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    #10
    If you don't yet have a job and have a service worth selling, use the $1000 to market yourself. i.e., programming services, wireless network install services, car repair services, etc. It can be anything you're good at and hopefully word of mouth will help grow your business.
    If you do already have a job, then just save the money. Invest it in a high yield savings until an opportunity comes along that you can afford and that you think "feels right" to invest in.
     
    timarcher52, May 21, 2009 IP
  11. bumble bee

    bumble bee Peon

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    #11
    i will invest all the 1k in internet like buying sites and will try to develop more gain..
     
    bumble bee, May 21, 2009 IP
  12. zinghana

    zinghana Well-Known Member

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    #12
    If your willing to spend it all, invest in an established site, $1k is just about enough to get you into the game and depending on the niche you could start making a profit in a few months, even quicker depending on how hard you work. on start a new site, and purchase adsense advertising credits, or buy banners / links on established sites.
     
    zinghana, May 21, 2009 IP
  13. tbtoyl

    tbtoyl Active Member

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    #13
    Hey there,
    I will invest the money in this way:

    1) Think to my passions

    2) Choose a good niche that suite my passions

    3) Outsource a project to build a 100% original website (in my niche)

    4) The website must have organic SEO and a free newsletter

    5) Outsource for good web marketing campaigns

    In this way I have invested $700 or less and I'm ready to collect solid incomes forever. I can invest $300 on Adwords to collect profits in a short-time period.
     
    tbtoyl, May 21, 2009 IP
  14. dglas

    dglas Peon

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    #14
    think i will play forex or invest in gold. good opportunity to make fast money using both method
     
    dglas, May 21, 2009 IP
  15. seosapien

    seosapien Peon

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    #15
    @NormalAlex: Yes there is plenty of free information online, the only problem is that you never know which one to trust. You can see it here in the forums where most of the "recommendations" are outdated or completely wrong. If you are a complete newbie you might end up lost and doing some huge mistakes by only learning from free resources. I can only recommend SEOChat.com for a free guide, but it isn't organized as SEOBook or SEOMoz videos.
    As far as the blogger, if it is to run a complete website and not only a blog I would recommend wordpress, but that is a nice tip on a cheap option.
     
    seosapien, May 21, 2009 IP
  16. RovingCalypso

    RovingCalypso Well-Known Member

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    #16
    I would look at my skill set then I would decide how to spend it. If you can work, spend it on the areas you need help in.

    For example if you can write and you want to make a website, then use the rest for, for instance, the design and stuff like that. But then again you can simply go and buy a site for 1k.
     
    RovingCalypso, May 21, 2009 IP
  17. ~kev~

    ~kev~ Well-Known Member

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    #17
    Your not going to get very much of a server with only $1,000. That barely buys a good desktop, much less a server.

    ------------------------------------------

    My primary type of site is a forum, so with $200 of that I would buy a vbulletin license.

    My primary promotion technique is video blogging. With around $400 or less, I would buy a good digital camera. You can get a good canon that films widescreen format for less the $300. So $400 should get you a really nice camera.

    With maybe $200, get some good video editing software.

    With the last $200, check into a good virtual private server hosting account. See if you can prepay a few months and get a discount.

    That should be everything you need to launch and start promoting your site.
     
    ~kev~, May 21, 2009 IP
  18. NormalAlex

    NormalAlex Guest

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    #18
    with under 50$ you can get a webcam that does 30 frames per second. The product was even featured on an old video from stompernet.... hey and btw, I dont think that blowing your money carelessly will get you far.. you speak of 400$ as a piece of ...., for a starter every single dollar counts
     
    NormalAlex, May 21, 2009 IP
  19. ErikJ

    ErikJ Peon

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    #19
    $1,000 can be a very good start to a website. Get the site up and then do your researc in how to effectively advertise.

    you really can start a very very lucrative internet business with $1,000

    do allot of research first like 2-3 months of research and planning before you invest into anything because without knowledge of advertising and business structure its pointless to start a business

    so take the money invest it in a cd for 3 months while you research before you do anything drastic
     
    ErikJ, May 21, 2009 IP
  20. mentos

    mentos Prominent Member

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    #20
    I would start a dropshipping company.
    Selling my home grown product such as high tech product.
     
    mentos, May 22, 2009 IP