Just buy out some small hosting company that with existing client. From there you get recurring income.
I would recommend you should invest your money in forex trading. Its so easy to make money from currency trading. Simply check the tutorial on this blog and you will be glad to learn its so easy to make money in forex trading. http://easyforextutorial.blogspot.com/
stocks! the market is DOWN... unfortunately for you though, you missed starbuck's price crash, but i didnt well, actually it'll probably crash again soon, it's pretty unstable and all with the whole US being officially past the point of bankruptcy, but not actually being bankrupt lol. id just keep it as spare pocket change, go buy are car! or go party! live your life! lol. is happiness not an investment?
I'd look to invest half into a small web hosting company (clients paying monthly), bank the other half for server fee's etc. and you should get a stable budget that will grow overtime (but remember you still would have to promote the company to get more clients) . Best of luck.
I am thinking of web hosting company, does buying clients make sense? or i should spend on promotion for fresh customers?
The key is in the product development. Its very possible, but the main key will be investing perhaps up to a third of that budget in an in demand product. A money making plugin would be a decent bet right now.
Try buying a popular website with daily funny pics and videos...it's easy to maintain and promote this kind of websites and you can make nice amounts of money with CPM networks!
Buy a website with ROI 7x-10x. In maximum 10 months you will have your money back and the site will continue to earn you at least $300/month (if you buy 10x). This is what I'd do if I had $3000.
You could buy my small hosting company for only around $100 and then spend up to $1000 on servers and SEO and you could easily be making $500-$1k/mo with only a few days of setup.
Depends on what path you wanna go. You could buy scrapebox, xrumer and magicsubmitter + a few websites + hosting+whatever else you want. Then again; that won't even cost 1k. Anyways that is if you wanna do blackhat seo.
That post made me lol @OP I would probably buy a website, that already makes a few hundreds every month.
Always use what you know to your advantage. The best business people are the ones that know their industry with their eyes closed. Esp if its your first business. Happy hunting.. ps any easy money to make is easy money to lose..
I have an online niche product website only need $500 for 25% of the profits lifetime PM me for details. Thanks Dunn