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How can i use 1500 to start new venture?

need suggestions

     
2:02 pm on Jan 9, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



ok after so long i have been able to save something to spend..now i have 1500 left which i earned from my only website...i now wanted to start off with a new project with this money...although its very less money but i like your suggestions on spending this over...

i was thinking to buy some forum based community website...so as to try my luck over ads in there...is there any place where i can look for this..where running websites are sold..

i dont have any skills to make great online websites stores like you guys..i was thinking to promote affliates related stuff using google...but recent changes i have forced me to think somewhat different...

What are your suggestions...?

2:13 pm on Jan 9, 2005 (gmt 0)

WebmasterWorld Senior Member shak is a WebmasterWorld Top Contributor of All Time 10+ Year Member



I know this may sound like a cliche, however

more than $, dedication and a hunger for success is required.

good luck with your project.

and never ever assume:

i dont have any skills to make great online websites stores like you guys..

Shak

2:21 pm on Jan 9, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



You must do lots of research into this.

I think you must find a website thats ranks ok for any term, and work on that website.

You dont need very many skills for this just find more about the topic make loads of new pages, get more inbound links and take it from there. I find that it is better to get a website that your interested in it makes it fun to watch it grow and become a good money maker.

I think the only money you need is to buy the website.

But the other guys n gals here will have a better idea for you ;)

2:22 pm on Jan 9, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



yea..i too always work for "never say die" and try to give my best in what ever i do...

I have able to run my other website successfully...and now wanted to capitalize on its profits to move further up the ladder...but i accept till now i dont have skills to run ecommerce website lie you guys..i am trying to learn lot with each day passing by..although i have very less time for this due to my studies pressure...

2:33 pm on Jan 9, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I don't think the idea of buying a forum and putting ads on it for $1500 or less will work out. I could be wrong. Depends on the forum. aybe I just have had bad luck buying websites. My first decent website was one page - wasn't sure I wanted to commit $15 + money for hosting and used a free host instead - 2 months later it was pulling in $3k a month.

Do more research. READ a LOT. Find something you enjoy. I am not saying go with a free website, but for $1500 - you can actually do a lot.

Promote affiliate related stuff. Find a niche. FInd your own path.

You may fail. You probably will fail. So did I - so did many others, but eventually you will either find a way or give up.

Look at your logs and study your last website - the answer could be right in front of you.

8:42 pm on Jan 9, 2005 (gmt 0)

10+ Year Member



If you were able to earn $1500 from just one website chances are you can successfully replicate your original idea, with a few tweaks, and improve that score. No matter how long it took, that money is a measure of your success. If you buy a forum and move into new territory you might waste precious resources.

With less than 10% of the money you have earned you can build around your original plan and have the added benefit of acquiring even more knowledge unique to your situation. It is this acquired knowledge that will make the difference. Buying someone else's work will not offer any revelations. As mentioned before, you must become a student of the game.

8:59 pm on Jan 9, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



I agree - I would reinvest that 1500 into your existing site - whether that buys you paid directory listings or quality PPC traffic - whatever it takes to get your net income up on the existing site - then start working on a new project.
10:17 pm on Jan 9, 2005 (gmt 0)

WebmasterWorld Senior Member 10+ Year Member



i was thinking to buy some forum based community website...so as to try my luck over ads in there...is there any place where i can look for this..where running websites are sold..

I think it would be a great idea to start (not buy) a discussion forum and use ads to make a little extra money while you build links and pagerank on the site. It will take a while to get results, but it costs next to nothing to create the site.

As mentioned above, it's not just money, it's dedication. SO true..

6:15 pm on Jan 11, 2005 (gmt 0)

10+ Year Member



Start a site about something that you love. Enjoying the subject matter puts a lot more fuel in the tank. I am 3 years into development on a product and believe me, being genuinely interested in the project is the only thing that got me this far.
8:02 pm on Jan 17, 2005 (gmt 0)

10+ Year Member



In my experience, forums are not especially profitable, especially just to start one up. It will take you a long time to get a good base of people going so that the forum is interesting, worthwhile, and self-sustaining. Taking care of the forum can be a real pain as well. Advertising networks often won't run ads on forums.

If you do start a forum, make sure that it is focused in one area.

 

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