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7 Responses to What strategies would you recommend for a newbie with a $500 budget?
strategies for what? traffic? a business idea? a newbie to making money?
traffic for newbie
Marketing strategies for making $. Let’s say they already have a domain, auto-responder and web site set up. What would you do with a $500 budget to start getting a ROI?
The fastest way to make money is to sell a tangible product. Tangible products are simple to explain and easy for customers to understand. Research a product you can source cheaper than the market, or a product that is rare/hard to find. Get the item and sell it in an eBay auction. Done.
This way, you practice your copywriting skills and at least you’ll make your money back.
that’s what i would do
oh and the SLOWEST way on the planet is to try to do it with your website and autoresponder…because then you have to go look for an audience.
Thanks Jim for your insight. I am always looking for income producing ideas for team members. You have a wealth of information here, and will certainly share with others!
There are a lot of great MLM’s, just do your home work.
I would only do commodities; Food, energy, Gold-n-Silver and Health products that will make you big money, and move on from each one after you build a team that will keep their product. Once you have a team and the money is coming in and will continue to flow, I feel it’s OK to do 2-3 mlms, unless you at the top and an icon for your mlm company… other wise you can be in to just buy the product.
Like I am in NUMIS, PPL, and Rastelli foods. I have really NO competition, and each is way under valued per cost…
NUMIS: get 3 reps in and your Silver is FREE,
PPL: get access to a AV-rated law firm for pennies… 24/7
Rastelli Direct Foods: Free 5-star restaurant quality food…
Hey Dougg! So How would you leverage a $500 a month marketing and operations budget with 3 MLM’s?