Back from vacation; should I use my casino winnings for the start of my business!? (18)
Back from vacation; should I use my casino winnings for the start of my business!?
Hey everybody!
I've been on vacation in San Diego the past 10 days. I am finally on my way home today. Unfortunately, my flight is delayed (flying back to New York which is apparently a hot mess with weather right now). So I was brainstorming and figured that I ask what you guys think of my idea.
I was working on saving up little by little, putting money to the side ONLY for my business to start up. I have a little experience in Facebook Marketing (some oddjob campaigns) that actually didn't do too bad. My biggest issue was the lack of funds, and the fact that it takes so long to get your money back from the CPA networks.
So, anyway, the other night I went to the Casino with my sister and her boyfriend, along with my girlfriend. I was on quite the Hot Streak. I only bet 130 of my money, and ended up walking out of the casino with $900. For my third time at a Casino, I think that was pretty darn good. I was pretty happy!
Anyhow, I was thinking. That was $900 that I was ecstatic to have. I didn't plan on winning (I never do, I always think of the worst case scenario at casinos) and ended up with a nice chunk of cash.
With school coming up,I know I can sink more time into my online work, being that I have a lot of free time at random moments in the day. It will give me the time I need to invest in the business.
I am wondering if this $900 should go completely to really go balls to the wall for my business? That way, I will have a worry free amount of money that I won't be too sad if I lose.
What are your thoughts? Use it to kick off my business? Or blow it all on strippers and booze? Or buy myself something nice.
invest the $900 into building SEO sites... with a tiny bit of effort, you can have a $900/month budget to play with paid traffic campaigns.
what do you mean by SEO sites?
Originally Posted by matthew ny
zzzzzzzzzzzzz
Isn't that one of those super extremely saturated things that people do on Warrior Forums and never get working?
thats a nice budget to learn a traffic source. IE: stick to facebook, launch campaigns , post some follow alongs on the forums, get some help here, and this way you will have a great learning expierence and hopefully some profitable campaings running. -NO SEO-
With a budget such as this, what would be a good amount to use per day for testing?
Originally Posted by matthew ny
Regarding the SEO side of things - I've got a few sites I've had up and running for almost two years that have been making me ~$200 a month. On autopilot. Not big money or anything, but getting that in my PayPal account for doing nothing every 5th of the month is good fun. Took me about $200 to set them up.
My advice -
Don't waste it on IM dude - latch onto a couple of hot chicks, find a good bar with great music, buy some top class bourbon and blow the lot - you're too long dead.
invest in IM then hot chicks, roll into something bigger.... lol
If Bill Gates spent his initial startup capital on strippers, he'd probably be kicking himself today (if he knew). nuff said?
$900 isn't a lot for IM, but it could turn into profit. There's no guarantee's really. Depends on what your doing, background knowledge you have, and luck. Eitherway dive in because there will never be a better time than today!
The thing is it is a lot for me. The one thing that keeps scaring me is the fact that people keep saying amounts that I actually think are a lot of money end up being not much at all. I'm wondering how I could ever get started. There's a balance between my time and my money that I've yet to find. I'm too busy to write articles everyday, yet I don't have enough money to invest in ppc, etc.
you can't just have the whole gold mine to start any business, it never will work. If you have the will, there is always a way, make up your mind... the road will be shown to you.. you can flip website at flippa, sell ecommerce stuff, get some part time job, if you have few thousand to spare, i'm sure you are better than the rest... it is just of how you think.......if you read those AM blogs, those who make it big... they are all make up their mind...don't amplify your problem, it won't get solved. get control and slice it, solve it, problem are just question that are waiting for you to solve.
the more you solve problem the more richer you're -- robert kiyosaki told, whoever disagree still have to agree to a certain degree.
Originally Posted by matthew ny
The reason that many of us are saying that these dollar amounts aren't that much is because after you've been doing it for awhile... well... it's not that much.
That is NOT meant to be a discouragement. If you are really cut out for this, you'll look back and think it wasn't much either.
Basically we're saying, don't expect to hit your first big campaign off this. Use the money strategically to make it bigger.
And the SEO thing was actually a good suggestion, I would look into it if I were you.
But like, to me that is so vague. Does that mean make niche sites with ads on them and just backlink the shit out of them? Idk what you mean by just doing SEO.
I'm a newb to paid traffic but I have been doing SEO for a while and I would say that you need more money to be an effective SEO guy than many would think, unless you want to target keywords like "blue horses on mars". Sure, you can write all your content yourself, you can post links everywhere yourself but thats just a quick way to get burned out. Instead try to find a team of guys that do all the crapwork for you and become their manager, and that takes money.
Also keep in mind that seo is much longer scale than paid traffic, anything you do today might not bear fruit for months, if at all. So if you invest your 1k into paid traffic and only make 600 back you will have 600 to test with a week later or whatever and new fresh knowledge. If you put 1k into your site now it might not make even $1 back until months later.
The way I see it, paid traffic and seo compliment each other but dont mistake seo for "free traffic" because it really is not.
good point, thanks a lot for the post. I agree with you. I tried a lot of that stuff. SEO is very slow.
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