[MiLkBoNe]

Let's say you received $5,000 that you can only spend to start an online business. How would you utilize all that money?


I think it'd be interesting to see how everyone would utilize their money differently.

Try to be as specific as possible.


This is just an example -

• - Build a website for a certain niche ($875)
  - Pay for Hosting, certificates, payment processor ($150)
  - Buy the products in bulk to sell for profit ($2,000)
  - Get traffic with paid advertising ($3,000)
  

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[TheWhiteHatter]

I would also like to see some replies on this, posting to read later.

[HairyHarry]

Good question.

There's a lot of options.

Since I am danish, and have a good knowledge of the danish market, I would most likely just see what's popular in the US, and just be the first to import it to Denmark. Plenty of people have made millions that way, and I don't see why I shouldn't be able to.

If I wanted to do something online without customer relations, it should be something that followed my passion for videogames. Possibly something with clickbait, due to the amount of money in it. May not be "clean cash", but it should be farely profitable.

Else there's always the good old solo ads, which will be profitable forever most likely.

[Danny Khalifa]

Posting to come here later and see ideas.

[Jo3Shmo]

Well if you want to start a business maybe build a site and hire people to help you build it. Then charge for it.

[Martha Maarcy May Marlene]

Slowly buildup a nice collection of niche websites and monetize through ads, drop shipping and affiliate marketing.

[TheAccounter]

Also posting to come back later.

[Arrogance]

So you basically want me to explain you step-by-step how to make money out of those $5000.

[hamzasohail]

1) Invest in an eCommerce coach to shortcut my progress, and learn new techniques with applications
2) Create my eCommerce business
3) Nurture said business until it can support itself

Rinse and repeat.

[MiLkBoNe]

So you basically want me to explain you step-by-step how to make money out of those $5000.

No I'm not asking for an explanation. I just thought it would be interesting to see how everyone would use their money differently. Some may use their money for strictly marketing/advertising while others may choose a creative route like buying art supplies to create art to sell online etc. 🤝

[AraB_H4CKiNG]

I would spend it in SEO.
First find some good low-competition amazon keywords.
Buy a domain (better an expired one which is clean)
Buy content for root page like 1500 words
buy another content (like 10 product reviews with 500 words each)
See where it will rank, then buy good SEO (hq web 2.0 posts, PBN links and so on)
Bank!

[MiLkBoNe]

I would spend it in SEO.
First find some good low-competition amazon keywords.
Buy a domain (better an expired one which is clean)
Buy content for root page like 1500 words
buy another content (like 10 product reviews with 500 words each)
See where it will rank, then buy good SEO (hq web 2.0 posts, PBN links and so on)
Bank!

Pretty solid idea. I've heard that ranking Amazon sites make some big bucks!

[IForex]

1/5 binary options
1/5 on Hype
1/5 revshare
1/5 on ADZcoin
1/5 fixed deposit in bank

[problems.x]

1. $3,000 In a well earning shopify/dropshipping store (would have some good funds to keep a flow coming in).
2. $600 Into an altcoin (ethereum, or maybe do some research on where to invest).
3. $400 Into startup site(s) (gambling site setups, domain(s), hosting, logo etc)
4. $600-800 Into advertising for startup site.
5. $200 spare, possibly for backup advertising for the shopify/dropshipping store.

[markoboy22]

I really don't know. I would probably end up doing something blackhat / illegal.