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❓ASK What Online Business to Build with $10K?

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Sandi Commando

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I am reading threads here and most people ask how to earn quick money online. I will tell you that by clicking, signing up, doing surveys, etc. you will never get rich. You will just waste your time for few cents. Not worth it unless you are 15 years old.

Now let me ask you something and hear from you. If you had money (lets say $10,000 USD) what business would you start? Seriously, think of something you would like and for what you think will be profitable long-term.

Lets see...
 

BMF

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I am reading threads here and most people ask how to earn quick money online. I will tell you that by clicking, signing up, doing surveys, etc. you will never get rich. You will just waste your time for few cents. Not worth it unless you are 15 years old.

Now let me ask you something and hear from you. If you had money (lets say $10,000 USD) what business would you start? Seriously, think of something you would like and for what you think will be profitable long-term.

Lets see...
Are you asking for offline or online business ideas under $10k budget?
 

BMF

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Lets start with online.
Different people, different plans. If I want to start a brand new online business I make sure I have the time for it(right now I don't, too busy with on-going projects + my personal life).

Obviously, you need to find a market, a need, the clients, get sales, $10k is not that much, you could try to do the Aliexpress to Amazon bundle thing, many does this in 2017, simply buy from Aliexpress more stuff, make them a good bundle and sell on Amazon, for fast sales you buy advertising directly from Amazon, others use Facebook and so on, so this business is to buy low sell high and keep the profit.

The second is YouTube the professional way, you team up with couple good friends, and aim for viral videos, buy high-end video equipment, get some original ideas, shoot and edit the videos professionally, optimize and publish the videos, handle the marketing, you can get in touch with other companies looking for viral videos and you give them the right to publish your video in exchange for promoting you channel etc...
 

bob tim

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@Mr. B what about buying a site is this good idea or not? have you an advice about how we can do that and how to choose the right site and how much we have to pay .
 

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@Mr. B what about buying a site is this good idea or not? have you an advice about how we can do that and how to choose the right site and how much we have to pay .
Yes, it's possible to buy a website that's already making money with $10k, I recommend Flippa and EmpireFlipers marketplace, there are websites already generating revenue for sale, already verified and waiting for a buyer.

Pretty much after you buy the website you have to continue the vision and make it bring more profits. Can't go into details because I don't know the exact website/niche you gonna buy.
 

bob tim

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and the risks @Mr. B , what are the risks for buying a site because i heard that the rate of traffic can go down day by day.
 

Sandi Commando

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Bob, you destroyed this thread. You should have started your own "Buying a website and continue doing business". Mr.B can you delete his posts or move them to new thread please?
 
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With $10k I wil like to go for mini importation business like buying products from different marketplaces and selling mostly to people in my country.I will look at dealing with electronics and its accessories.

what is trending in my country,is who is with the latest gadget not what do you have,so I wil gladly take advantage of this to make money for their cravings.
 

tusziget

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I am reading threads here and most people ask how to earn quick money online. I will tell you that by clicking, signing up, doing surveys, etc. you will never get rich. You will just waste your time for few cents. Not worth it unless you are 15 years old.

Now let me ask you something and hear from you. If you had money (lets say $10,000 USD) what business would you start? Seriously, think of something you would like and for what you think will be profitable long-term.

Lets see...
I would be building a movies website,and try to bring it to the first page of the Google and to make an empire out of the website...
 

BMF

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I would be building a movies website,and try to bring it to the first page of the Google and to make an empire out of the website...
Unless you wanna build the next Netflix I can't see a good business from movie sites, if you just want to share illegal hosted movies, again nothing sustainable, one day your host will shut down your website. Goodbye hundreds of hours of work!
 

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the question is what you want to learn ?
if we start together each one of us have same project and you have money and i have only experience(or at last i read about that buisness) and no money .
i'm sure after one year i will start making money more then you(even if you invest all your budget) because you are going to stop if you don't notice progress . even if you buy a website already making money, you are not going to make money that easy.if you don't read about your buisness i advice you to put your money because you will need them on future.
i always said start learning before you work.
 

Sandi Commando

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What I learned is that if you don't enjoy something - don't do it because you will fail. Things I did in my life because I found them funny and exciting like when you wake up you think "Lets go and work!!!" - they have always worked. Everything I did and succeed was something I wasn't even thinking about money when I started. Things I did because I was hoping it will be good business (but I didn't have passion for it, I was just after money), all of them failed. All. It still surprises me... good lession.
 

Sandi Commando

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I agree with Jason - you can buy best website but that website is not your idea, its not your baby and you won't have the passion. You will fail 100%.
 

VHINZ

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I'm from the Philippines and $10,000 USD is a huge amount of money for us. If I have that amount of money and I’ll use it for an online business, I would create my website, hire people from the Philippines also that could create good contents, converts it to an e-book, sell it, and offer affiliate programs.


There’s actually a Filipino who currently lives in Canada that became a millionaire by selling e-books that he did not write. He just hired writers that could provide him with the valuable content in the niche that would give him big profits.


Or I would create a subscription website that will allow those who could train other people with different skills and earn a cut from the subscription fee of their trainings.
 
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Micheal joe

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I will open my own company ,my own site to sell things offline ,online bank is best give loan and ean interest ,promote youtube and site by cash but the best would be open your own company sell your own product it will be cheaper in india ....thanx...
 
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Tulip

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I am reading threads here and most people ask how to earn quick money online. I will tell you that by clicking, signing up, doing surveys, etc. you will never get rich. You will just waste your time for few cents. Not worth it unless you are 15 years old.

Now let me ask you something and hear from you. If you had money (lets say $10,000 USD) what business would you start? Seriously, think of something you would like and for what you think will be profitable long-term.

Lets see...
You are absolutely right, we are not 15 to try these sites for few cents but sometimes its better than an empty pocket to be honest, If i had or may have $10k would love to launch my own IT farm and grow it.
 

tusziget

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I will open my own company ,my own site to sell things offline ,online bank is best give loan and ean interest ,promote youtube and site by cash but the best would be open your own company sell your own product it will be cheaper in india ....thanx...
Yes,selling things online can be a good online opportunity.For this you better have some good marketing strategy,because the internet is full of websites,which are selling different products online.Lending money can be good too,but if you think about,can be risky too and you have to take a big responsibility.Especially when it is about huge amounts of money.Better have experience doing this type of business.
 
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