I have $250 to invest and 4hours of time per day

Discussion in 'General Business' started by mysticenigma, Feb 7, 2008.

  1. #1
    I have $250 to invest right now and about 4hours of time and even weekends. Could anyone help me by suggesting a proper e-business or a way through which i could earn a about $500 per month. I'd keep investing once i keep earning but my revenue too should keep increasing. With in a span of one year i need to earn about $1500-$2000. Could you suggest me any business or way through which i could i achive this?

    Thanks a lot for your suggestions in advance.
     
    mysticenigma, Feb 7, 2008 IP
  2. amazingronit

    amazingronit Well-Known Member

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    #2
    why dont you start a web hosting company? it is a real money making business. If i had $250 ready, i would have hired a few web designers and programmers and have already started this business!

    I think it's the best available option. Or you can start a paid dating site and hire support staff worldwide. Soon you'll be bathing with cash!
     
    amazingronit, Feb 7, 2008 IP
  3. TheVccMatey

    TheVccMatey Peon

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    #3
    I'd suggest saving it up or buying some adsense earnings blogs.
     
    TheVccMatey, Feb 7, 2008 IP
  4. mysticenigma

    mysticenigma Peon

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    #4
    I dont want to involve people other than myself. I can write well but i'm not finding proper niches and topics to write on. So am a bit skeptic about it. And i have no idea about webhosting so dont want to get into. Thanks a lot for your advice. A paid dating site? I'm not sure if it will work because already there are many and i dont know the right strategy to make it work for me.
     
    mysticenigma, Feb 7, 2008 IP
  5. sportiana

    sportiana Peon

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    #5
    Make it free. If paid dating site doesn't work, make free dating site, plentyoffish.com is a free dating site that earns $1 million a month. Invest in something to offer free services, people love it, like rapidshare.com, free upload of files, Alexa's #11 most visited web-site on Internet.

    Internet most visited web-sites according to Alexa: 1. Yahoo, 2.Google, 3. YouTube, 4. Windows Live, 5. MSN, 6. MySpace... all with the same success story - free services. Once you generate enough traffic, offer some additional services by subscription, like RapidShare does.
     
    sportiana, Feb 7, 2008 IP
  6. mysticenigma

    mysticenigma Peon

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    #6
    But i my investments might go high because i might have to invest more than my reach for getting the dating site coded as i myself cant code all the stuff. That's what i'm worried about when it comes to coding.
     
    mysticenigma, Feb 7, 2008 IP
  7. mysticenigma

    mysticenigma Peon

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    #7
    I'd find this good but how could we be sure that the same blog hasn't been sold to someone else?
     
    mysticenigma, Feb 7, 2008 IP
  8. sportiana

    sportiana Peon

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    #8
    The man himself, PlentyOfFish owner says the script runs by itself, he's the sole one to maintain the web-site. Any script and person working on it can be hired for rather small money nowadays.

    Internet is all about free things, I remember a story from DP about a girl under 18 who earns millions with giving away free lay-outs for MySpace, her site name is whatevalife.com or similar.

    If you have spare time, regarding blogs, you may check these 2: Ana Ivanovic & Jelena Jankovic and Novak Djokovic I started yesterday.
     
    sportiana, Feb 7, 2008 IP
  9. Proximity

    Proximity Banned

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    #9
    Make a site, and get it promoted with that budget. Make good content and spend some money on traffic
     
    Proximity, Feb 7, 2008 IP
  10. mysticenigma

    mysticenigma Peon

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    #10
    The problem with me is i dont want to run into risks where i might not be able to solve and these scripts if they're not gud could lead to more investments and if the site crashes i'd be sucked.

    And one more big problem with dating sites is that the it has to be monitered highly because there might be lot of people spamming with porn if it gets famous.
     
    mysticenigma, Feb 7, 2008 IP
  11. drag0n

    drag0n Banned

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    #11
    I had a suggestion for you, which could make you the $500+ month like you wanted, but it will involve other people, and i see you don't want that

    pm me if you changed your mind about that ;)
     
    drag0n, Feb 7, 2008 IP
  12. Dreads

    Dreads Well-Known Member

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    #12
    I believe you should invest into the gaming world..
    its just keeps growing and not many "pro" boards out there..
     
    Dreads, Feb 7, 2008 IP
  13. mysticenigma

    mysticenigma Peon

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    #13
    I'd love to do that. But i never code games nor could i do that. Could you please give me a detail about how i could be earn good at gaming? Would be grateful for better decription.



    I've sent a PM. Not reply as of now.
     
    mysticenigma, Feb 7, 2008 IP
  14. Dreamerr

    Dreamerr Peon

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    #14
    mysticenigma, do you have any special skills or interests? there are many different opportunities but also lots of competition, find your niche where you already have an edge on your competition and work that to your advantage. work is also better when you are interested in what you are doing. don't be too quick to spend your money, see what you can do for free first and you will be able to spend it more wisely later.
     
    Dreamerr, Feb 7, 2008 IP
  15. aznjack31

    aznjack31 Peon

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    #15

    This is so true. Don't jump into anything you think that you can't handle. What i suggest is start an incentive site. I used to own one and sold me site. It gave me a good $X,XXX
     
    aznjack31, Feb 7, 2008 IP
  16. w3bmaster

    w3bmaster Notable Member

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    #16
    Well it depends on skills

    And you have to work hard

    Open a site in a domain you know ....
     
    w3bmaster, Feb 7, 2008 IP
  17. mysticenigma

    mysticenigma Peon

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    #17
    I like writing on humour, politics, management skills. But i dont think none of them would work if i blog cuz there are already thousands of them. I've started a blog and it is not even generating 10-20UV per day even after updating with good unique content even after 2months. So i'm thinking that if i want to earn for free it might not be easy and possible. So i'm thinking of investing. So what do you suggest?
     
    mysticenigma, Feb 7, 2008 IP
  18. microphobik

    microphobik Peon

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    #18
    I'd set up a single sales page that promotes a very hot affiliate product. My angle would be that I have bought the product and it was not all it was cracked up to be. That it is good for some but not others. You would then get people to sign up for your free report to find out why. Be honest but urgent. Then in the report tell them what is wrong with the product and who it is good for. Be honest and tell the truth... gain trust. For those that its not good for, promote a different product that is right for their needs. I would spend nothing on this or very little. Then spend the rest on PPC (bid on product related keywords - you want buyers, not browsers). when you find another product that is right for that niche promote it to them (dont over do it). dump 50% of profits back in, rinse and repeat. Always be honest and you will have customers for a long time. Your only cost is the autoresponder, hosting, and sales page design if you need it. should be less than 50 bucks. PM me with any questions.
     
    microphobik, Feb 7, 2008 IP
  19. mysticenigma

    mysticenigma Peon

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    #19
    Seems like a good deal. would want to know more. Risks involved and other stuff.
     
    mysticenigma, Feb 7, 2008 IP
  20. Huo_Yang

    Huo_Yang Peon

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    #20
    Well, then I would write articles for other people (Because they'll tell you what they want have to be written), also you can earn good cash with it and there are always people who are looking for article-writers.
    You don't spent any money doing this, so you can save the money you make among with your 250 bucks, to make a bigger investment in a solid earning website later.
     
    Huo_Yang, Feb 7, 2008 IP