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What Would You Do With a $3,000 Budget?

Discussion in 'General Business' started by Rajaie, Feb 11, 2010.

  1. mentos

    mentos Prominent Member

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    #21
    Go for this Buy a site that's making money.
    But in the same time,do hire some people to update the site.
     
    mentos, Feb 13, 2010 IP
  2. wisefool

    wisefool Peon

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    #22
    Who would be so stupid to do that? This is an internet marketing website. You can a lot more money and a lot faster with a website and adsense/clickbank/cpa.
     
    wisefool, Feb 13, 2010 IP
  3. TimothyJohn

    TimothyJohn Member

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    #23
    Buy a car and become a delivery driver :D make more money then investing it in the stock market haha
     
    TimothyJohn, Feb 13, 2010 IP
  4. etc

    etc Well-Known Member

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    #24
    develop a good product is what i should invest if i have that amount. :D
     
    etc, Feb 13, 2010 IP
  5. Sensei.Design

    Sensei.Design Prominent Member

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    #25
    I would invest it into the promotion and developement of projects I am already running ...
     
    Sensei.Design, Feb 14, 2010 IP
  6. pinks_mgg

    pinks_mgg Peon

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    #26
    invest it in diversified mode not in a particular sector
     
    pinks_mgg, Feb 14, 2010 IP
  7. jezzz

    jezzz Notable Member

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    #27
    I will purchase 30 different high paying websites! will involve in promotion to make most from them
     
    jezzz, Feb 14, 2010 IP
  8. livingfaith

    livingfaith Peon

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    #28
    Outsource. Outsource. Outsource.
     
    livingfaith, Feb 14, 2010 IP
  9. denniss

    denniss Well-Known Member

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    #29
    I'd just do some serious research and try to locate the elusive high-paying niches, do more research, buy good domains, then spend some money on getting them up and running and on some incoming links. Then as a minimum you'll have some sites you could sell if things don't go as well as planned. But, of course, you'll need to work on them if you want to start making good money:)
     
    denniss, Feb 14, 2010 IP
  10. styleskvx

    styleskvx Peon

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    #30
    I'd invest into a webhosting company.!
     
    styleskvx, Feb 15, 2010 IP
  11. powerlifer

    powerlifer Active Member

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    #31
    start a niche e-commerce store if the planning proved right.
     
    powerlifer, Feb 15, 2010 IP
  12. GetALink

    GetALink Guest

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    #32
    You should do whatever you want. You don't have to spend your money. I'd just save it since your asking us for suggestions and you seem not to know what to do with it yourself.
     
    GetALink, Feb 15, 2010 IP
  13. cladkins

    cladkins Peon

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    #33
    I like the idea of the celebrity site!!
     
    cladkins, Feb 15, 2010 IP
  14. alistair80

    alistair80 Well-Known Member

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    #34
    I believe sites that are making money would be both good and practical investment...Else, pull out a niche you are passionate about, create a site and develop a product! :) But that'd probably cost you more than $5000 if your target market is North America.
     
    alistair80, Feb 15, 2010 IP
  15. JacobNeldson

    JacobNeldson Peon

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    #35
    I'd want to build an actual service.

    You don't really need $3,000 for most of the things you listed. Plus, hiring a marketer seems a bit self defeating, as it's always better to know how to market yourself.

    If we're talking about making the most money, however (or at least, the most certain money), I'd learn as much as I could about affiliate marketing and build a small armada of targeted sites. Spend your money on the sites and your time driving traffic.
     
    JacobNeldson, Feb 15, 2010 IP
  16. awesometbn

    awesometbn Peon

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    #36

    What you have asked is a classic question about capital budgeting. Compare any investment decision to buying a certificate of deposit, for example according to bankrate.com you can get a 1-year CD @ 1.7% from Discover Bank. That means at the end of 12 months you get the $3,000 back plus about $51 interest. Your job is to figure out how much risk you are willing to take, and figure out if you can do better than $3,051 in a year.

    Let me put it another way. You would need to make more than $254.25 per month with your other "profit" ideas to beat the safe return and lower risk provided by a 1-year certificate of deposit.
     
    awesometbn, Feb 15, 2010 IP
  17. b4db0y

    b4db0y Notable Member

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    #37
    Start a blog

    domain: $10
    hosting: $50
    design: $300~500 (best awesome design to be like and visted by ppl)
    posting on inspirational site: $50 (galleries)
    1 post ever 2~3 days and all dugg/stumbles/tweeted ($40 per post)
    get in guest posts on 50~80 blogs ($20x 80=$160)
    backlinking: $200
    special on-site and off-site seo: $500/mnth

    and loads more
     
    b4db0y, Feb 15, 2010 IP
  18. PankajKumar

    PankajKumar Active Member

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    #38
    If i would have got that big money...

    1. I would have bought a good domain related to some niche area but not too competitive.

    2. Hire a writer to write 1 post a day for 1-3$ per post...

    continue above two for one year with adsense and some affiliate ads....
    I am sure that within few months only I would have recoved my investment and start fresh earnings.

    Repeat the process again then :)
     
    PankajKumar, Feb 15, 2010 IP
  19. serge1

    serge1 Peon

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    #39
    Invest in transporting leads, turn $3,000 to $12,000 in one week.
     
    serge1, Feb 15, 2010 IP
  20. nobel85

    nobel85 Peon

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    #40
    buy 4 computer

    1. programmer
    2. web builder
    3. SEO
    4. management

    doing business online. multiply web make thousand web
    more earning
     
    nobel85, Feb 15, 2010 IP