The $50 Challenge

Discussion in 'General Business' started by iluminatus, Mar 7, 2007.

  1. #1
    What can you do with $50 ?

    I'm going to start a challenge here...
    The Setup: Youre just starting out and have exactly $50, not a single other thing to your name to use, just $50 and the sweat of your brow. Your challenge is to make it $500 in less then two months.

    RULES:
    1) Start with EXACTLY AND ONLY $50.
    2) NO additional money may be added, unless it is profits earned from the original $50.
    3) Any resources used at all, other than sweat equity, must come from the $50.
    4) Document your process here when finished to share with everyone.


    The goal is to turn $50 into $500 (just $500, not a residual of $500 a month)

    Anyone up for it?
     
    iluminatus, Mar 7, 2007 IP
  2. swiftmed

    swiftmed Peon

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    #2
    I could do this but it would involve something called "matched-betting" which couldn't be done in America...also its hardly webdesign related :rolleyes:

    Would it have to involve websites/marketing etc?
     
    swiftmed, Mar 7, 2007 IP
  3. Lucas3677

    Lucas3677 Peon

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    #3
    I would assume so. It sounds like a good idea iluminatus.
     
    Lucas3677, Mar 7, 2007 IP
  4. SEOLinker

    SEOLinker Banned

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    #4
    I will buy some food. Crap cheap food, but at least I will not die during this 2 monthes (not by american prices of course, but if possible to do that in USA then ok). Then will go to streets and sell everyone the course "How to live 2 monthes of $50" for $5 or so. I'll sell 100 copies and .... I'll made it! Wow!
     
    SEOLinker, Mar 7, 2007 IP
  5. stockey

    stockey Active Member

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    #5
    I am up for it. I can easily setup a website for that price. And specific products can be sold on a webite like that. If you are gonna go ahead with this count me in. Thanks
     
    stockey, Mar 7, 2007 IP
  6. SEOLinker

    SEOLinker Banned

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    #6
    stockey, are you joking ? Or just begging for $50 ?
     
    SEOLinker, Mar 7, 2007 IP
  7. iluminatus

    iluminatus Well-Known Member

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    #7
    Actually it can be anything you want,as long as it is legit... If people can come up with ideas to make $500 from $50,then i'm sure the $5000 can be made out of $500
     
    iluminatus, Mar 7, 2007 IP
  8. exponent

    exponent Peon

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    #8
    $250 is a more logical bet.

    $5 for 3 .info domains
    $5 for a membership to proxy templates
    $15 cheap proxy hosting (visage host)
    $0 whitefyre php proxy
    $5 on lunch
    $20 on link exchanges
    --------------------------------------
    $50 spent - 2 months later, sell your proxies for roughly $150 - $200 each.
     
    exponent, Mar 7, 2007 IP
  9. FFMG

    FFMG Well-Known Member

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    #9
    You can have your own marketing website for $47.00 all setup and ready to go. Then you can spend the rest of the week promoting it, (forums, articles etc...) and you should make around $500.00 without too much problems.

    We have users who do that in less than a week, ($47.00 to $+500.00).

    FFMG
     
    FFMG, Mar 7, 2007 IP
  10. iluminatus

    iluminatus Well-Known Member

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    #10
    Sounds interesting...PM me some more about this stuff
     
    iluminatus, Mar 7, 2007 IP
  11. jhmattern

    jhmattern Illustrious Member

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    #11
    Just set up a cheap portfolio site and sell your service... it's extremely easy to make $500, and you don't even need $50 to do it... just some talent in an area where people are hiring. Or a cheap site to sell an informational product (a couple PLR packs, an e-book, etc.). I'm sure most people could very easily get to $500 in two months if they just put a bit of work into it.
     
    jhmattern, Mar 7, 2007 IP
  12. iluminatus

    iluminatus Well-Known Member

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    #12
    I guess you're right.But this thread is not only about websites and internet.Other offline ideas are also welcomed.
     
    iluminatus, Mar 7, 2007 IP
  13. FFMG

    FFMG Well-Known Member

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    #13
    PM sent.
    Feel free to ask me any questions.

    FFMG
     
    FFMG, Mar 7, 2007 IP
  14. mubin

    mubin Notable Member

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    #14
    I've don it!

    and Im still doing it!
     
    mubin, Mar 7, 2007 IP
  15. mubin

    mubin Notable Member

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    #15
    FFMG, let me know about this as well please.
     
    mubin, Mar 7, 2007 IP
  16. iluminatus

    iluminatus Well-Known Member

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    #16
    I'm glad you're doing it :) Care to share?
     
    iluminatus, Mar 7, 2007 IP
  17. FFMG

    FFMG Well-Known Member

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    #17
    PM Sent.

    There is no big secrets really, it's in my sig.
    Fee free to ask me questions.

    FFMG
     
    FFMG, Mar 7, 2007 IP
  18. iluminatus

    iluminatus Well-Known Member

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    #18
    Any more suggestions?
     
    iluminatus, Mar 10, 2007 IP
  19. prodigy

    prodigy Guest

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    #19
    ok, so is this a challenge for you or for anyone on these boards.. Im just interested in how it shapost to work :)
     
    prodigy, Mar 10, 2007 IP
  20. iluminatus

    iluminatus Well-Known Member

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    #20
    For eveyone
     
    iluminatus, Mar 10, 2007 IP