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If you had $30,000 to build something?

Discussion in 'General Business' started by eamo, May 19, 2009.

  1. koan

    koan Well-Known Member

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    #21
    I second that ;)

    I'd take a year off from "real work" and seriously work full time on 4-5 quality web sites on my own. After that, you got yourself some passive revenue for a long time and you could back get your 30K after just a year or two. But you need a few good ideas. Otherwise, I'd buy a few promising sites.
     
    koan, May 20, 2009 IP
  2. longblog

    longblog Active Member

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    #22
    I would suggest buying The Four Hour Work Week by Tim Ferris and reading it. He defines exactly what you should be doing with your possible $30,000. Man I wish I could put my amazon associate link in here! :p
     
    longblog, May 21, 2009 IP
  3. beiijing2009

    beiijing2009 Peon

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    #23
    I will do the following things to make the money grow.

    1. Buy a vbulletin license. Rent a best designer to create a best forum containing all the content including a-z and market the forum in all search engines. Put google ads on it . So that it will get back your money more than you are investing.
    2. develop a adult search engine for images and videos... you will become billionare soon.
     
    beiijing2009, May 21, 2009 IP
  4. pimpinkid

    pimpinkid Active Member

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    #24
    I would never ever ever ever do that, no offence.

    I would take about $20,000 and pay a few freelancers to make me something incredible. I would then take $5000 and pay someone to make me an amazing iPhone application. I would then take the other $5000 and put it towards effective advertising, I'd wait a year or so, maybe two. Then sell it all and live happily ever after.
     
    pimpinkid, May 21, 2009 IP
  5. evolveforever

    evolveforever Peon

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    #25
    start a niche blog network and use money for marketing.
     
    evolveforever, May 21, 2009 IP
  6. dulcificum

    dulcificum Active Member

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    #26
    You won't have much left to invest in the sites if you're living off the $30K
     
    dulcificum, May 22, 2009 IP
  7. koan

    koan Well-Known Member

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    #27
    How about time, talent, creativity, work, content, ideas, design... I've barely spent any money on my sites outside of hosting, but I did invest a lot of personal time and attention. $30K should be enough for one person to live a year... which frees up the necessary time to create, work and promote those sites. In the end, he could recuperate his $30K in a year or two and the rest would be gravy.
     
    koan, May 22, 2009 IP
  8. SBC

    SBC Peon

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    #28
    That's the best advice it's alot easier to target your local area then trying to become the next twitter google or facebook
    Although anythings possible
     
    SBC, May 22, 2009 IP
  9. kush86

    kush86 Well-Known Member

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    #29
    $30k for business. That is a easy choose. I would buy a small to middle size active poker forum. Then use the money left over for marketing.
     
    kush86, May 22, 2009 IP
  10. hiero

    hiero Peon

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    #30
    I don't know what countries you guys are located in, but where I am from you can't do much in real estate nor small brick and mortar for 30k. I would probably use the 30k and either invest in stocks or find a well established site on sitepoint as someone mentioned earlier
     
    hiero, May 22, 2009 IP
  11. bogart

    bogart Notable Member

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    #31
    I'd consider a shopping cart site for a niche market. 30k should be enough if you plan it out right.
     
    bogart, May 22, 2009 IP
  12. Kwaku

    Kwaku Well-Known Member

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    #32
    Funny to read all this :) 'Real business like a restaurant instead of that risky internet stuff'. Man... I guess people talking about 'real business' versus 'no-real internet businesses' don't make anything online and have incredibly weird ideas about what 'real business' is. Internet businesses are very real and easily top other business in terms of TCO and ROI. In an average site I invest $2k + some time and that site will make about $1000-4000/mo forever after that. Do that with your restaurant. You'll be working like a maniac (that 30k won't help you very far in terms of starting that up and running it without you working our *ss off) and making almost nothing for a long time. Weird.
     
    Kwaku, May 23, 2009 IP
  13. Cegaiga

    Cegaiga Active Member

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    #33
    I would make a browser based game :D
     
    Cegaiga, May 23, 2009 IP
  14. SidianMSJones

    SidianMSJones Peon

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    #34
    Exactly what I was thinking.
    Take digital assets for instance. Zero overhead, zero shipping cost, infinite stock. You will never get that kind of a deal in 'real life' with any product.
     
    SidianMSJones, May 23, 2009 IP
  15. SidianMSJones

    SidianMSJones Peon

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    #35
    Possibly a Facebook or iPhone app. Those things are making people incredible residual income.
     
    SidianMSJones, May 23, 2009 IP
  16. Calippo

    Calippo Peon

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    #36
    Id spend it all on diddy donuts :)
     
    Calippo, May 23, 2009 IP
  17. Social.Network

    Social.Network Member

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    #37
    Do not waste your time and effort on acquiring sites, ecommerce, adsense, or related junk. Leverage the marketing power and size of social network and mobile communities. A couple members have suggested an iPhone application and I would agree with a caveat. The mobile market is hotter than ever in part to the huge success of the iPhone. Android is another platform to watch and it would be a great time to enter the market, since the Android marketplace is growing and maturing. It is a VERY competitive market, so be prepared to raise the bar and introduce something "new".
     
    Social.Network, May 23, 2009 IP
  18. jonathanfigaro

    jonathanfigaro Peon

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    #38
    i would invest $30,000 in myself! Meaning I would invest in improving myself because every success starts with the persons mind!
     
    jonathanfigaro, May 23, 2009 IP
  19. koan

    koan Well-Known Member

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    #39
    That's one hell of a haircut.
     
    koan, May 23, 2009 IP
  20. demons-halo

    demons-halo Active Member

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    #40
    i would buy lots of chocolate lol
     
    demons-halo, May 24, 2009 IP