1. Advertising
    y u no do it?

    Advertising (learn more)

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Have $1000 to spend on starting a business, help me with your suggestions

Discussion in 'General Business' started by letto, Jan 1, 2009.

  1. #1
    So I have around $1000- $2000 to spend on starting a business. I don't really know what kind of internet business is hot right now. Of course it would be better if it can last in the long run.

    My current plans is to start an advertising network, something like adengage. So how do you guys think I should go about doing this? starting from getting advertiser, promoting it to potential publisher, all that stuff. If you have a better idea on how I should invest this money, please share here! Thanks, I need ya help with this.
    :)
    SEMrush
     
    letto, Jan 1, 2009 IP
    SEMrush
  2. Collin Beckett

    Collin Beckett Peon

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    #2
    Starting an advertising network requires much more than just domain, hosting and a little promotion: you have to have a real offline business (you know - with office, call center, layer, customer support, a conference room and a coffee machine :D ). In a few words the money aren't enough. Also the advertising networks business is dying : you can't compete with Google, Yahoo, MSN and the smaller networks, right?

    What you can do with $2000 is to start an affiliate business. First find some good niches, hire a few content writers, an seo specialist and web developer and create few websites, promote products when you see the traffic coming, build your email list (the most valuable thing you can get from your websites) and hopefully after few months you'll start to see a sale every day. You can reach full ROI in just a few months and you'll have some websites, small email list with potential customers and a steady traffic stream. Think about that, research your options, than if you have any questions post in that thread and I'll be glad to help.
     
    Collin Beckett, Jan 1, 2009 IP
  3. Dr Googler

    Dr Googler Banned

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    #3
    after all LEGAL business ssetup fee's and 1 years tax budget ect you wont have alot left, HAHA
     
    Dr Googler, Jan 1, 2009 IP
  4. dimmakherbs

    dimmakherbs Active Member

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    #4
    well I don't see why you couldn't do that?
    First of all this small business you will not need a tax budget you are going to show a loss. Second you don't need an office, secratary and all that you are working online. Until like a year ago you couldn't call PayPal, what is wrong with your cell phone number and your room for your office?
    Brokering someone to get them advertised elsewhere seems pretty cut and dry. Based off of this info I would suggest:
    A really professional website, REAL CLEAN. This is going to be your face, DON'T CUT CORNERS HERE.
    Then you need to hire someone to optimize. Luckily on here you can find some pretty good people to do this long term for a couple hundred a month, that gets to spread your money out.
    This is going to take you a few months to get free traffic from here for your business. As long as you have a clean, professional and informative website about what you are doing, soon emails of work will start coming in. Again make sure the website is coded and designed perfect.
    After site is up and SEO is going on you need to use some of your money to buy leads. Hopefully you can find a good source of long term leads that are converting so you can continue buying. The rest needs to be in the bank for ongoing expenses: advertising, costs, continued SEO, costs of doing business ect...

    also, assuming your in the US since this is a service based a sole proprietorship business license is max $100
     
    dimmakherbs, Jan 1, 2009 IP
  5. Dr Googler

    Dr Googler Banned

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    #5
    WOW, u are so WRONG, u think that he is up to the same or neer to the standard of a accountant or lawyer considering that he is almost definatly going to get into trouble for misselling "common starters mistake 'no offence ment'" good luck
     
    Dr Googler, Jan 1, 2009 IP
  6. dimmakherbs

    dimmakherbs Active Member

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    #6
    Who needs an accountant or a lawyer for a business so small?
    We are on a public forum, we all misspell. For example in your last comment quoted you misspelled:
    neer -> near
    definatly -> definitely
    misselling -> misspelling

    Dude you can listen to some guy who contributed -0% to your thread and claims to work for google :rolleyes:, or you can go out and start the business you want and buy Quickbooks, cause you aren't an accountant :rolleyes:
     
    dimmakherbs, Jan 1, 2009 IP
    soju likes this.
  7. RWHost

    RWHost Active Member

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    #7
    Hey OP, I have a great idea.. Wanna join me? PM me :)
     
    RWHost, Jan 1, 2009 IP
  8. Dr Googler

    Dr Googler Banned

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    #8
    i smell fish here
     
    Dr Googler, Jan 1, 2009 IP
  9. scriptsdirect

    scriptsdirect Banned

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    #9
    You can become my partner on a major website im working on. PM me if your interested
     
    scriptsdirect, Jan 1, 2009 IP
  10. mentos

    mentos Prominent Member

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    #10
    Ads network is too huge the competition,you need at least $50k be establish a well know company.
    For your current budget,i can tell you to setup webhosting company.You can easily make profit from webhosting company such as earn at least 20% of your investment.
     
    mentos, Jan 2, 2009 IP
  11. matessim

    matessim Active Member

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    #11
    the Ad Service is usally a fight between Epic Monstrous Sized company's and peddlers who rely on cheap tactics like adbux who pay they're users 0.00012$ to click a ad every day, though, if your looking for a niche, and a subject to go into, i would like to talk to you. i will send you a PM now.
     
    matessim, Jan 2, 2009 IP
  12. letto

    letto Banned

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    #12
    Thanks for all your replies. First of all, I would like to say my goal is not to beat google or yahoo, thats absolutely ridiculous. I just want to be an average like adengage, thats the perfect size you want to be ( it would be good if I can be like adengage). I personally feel I don't need a physical office for this to work though.


    I see threads talking about starting own incentive sites..what do ya think about this? Is it still profitable?


    And of course, if you have any idea or partership you wish to offer me, go on!
     
    letto, Jan 2, 2009 IP
  13. raycer43

    raycer43 Peon

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    #13
    I just posted this in another thread but I think you should seriously consider PPC. You have enough money to get started and even make some mistakes along the way. Also, it's sustainable. You'd develop the knowledge that would ALWAYS enable you to make money on-line.

    Good Luck,
    raycer
     
    raycer43, Jan 2, 2009 IP
  14. immediate

    immediate Banned

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    #14
    Start a Niche Social Network! Niche sites are gonna play in coming days! Concentrate on a profitable niche!
    All the best!
     
    immediate, Jan 2, 2009 IP
  15. oninuva

    oninuva Peon

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    #15
    No you just want him to click your signature.
     
    oninuva, Jan 2, 2009 IP
  16. DiscussNow

    DiscussNow Peon

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    #16
    He can operate as a sole proprietor. He does not need to set up a business in order to do this. In fact, there is little benefit in setting up a business until you are making >50k a year. Once you start making a considerable amount of money it make sense to operate under a business for tax purposes.
     
    DiscussNow, Jan 2, 2009 IP
  17. eric_wahlberg

    eric_wahlberg Well-Known Member

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    #17
    The adengage theme is good,but you really need lot of money to run this site.
     
    eric_wahlberg, Jan 3, 2009 IP
  18. MarkusBerger

    MarkusBerger Peon

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    #18
    I'd start blogging, invest some of the money for a unique Blog Design and keep the rest meanwhile. After some time you can open a topic where everyone can trackback from his blog and win something. So you don't need to invest all the money, get backlinks and can still earn some cash.

    What do you think about that?
     
    MarkusBerger, Jan 3, 2009 IP
  19. Proximity

    Proximity Banned

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    #19
    I think you need to do alot of research before starting a business, like to see how much it would profit, what are the risks and what are the requirements, and if its worth it, then go for it
     
    Proximity, Jan 3, 2009 IP
  20. donepoppedup

    donepoppedup Peon

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    #20
    Dump it all into PPC and run grant offers... You will thank me later
     
    donepoppedup, Jan 3, 2009 IP