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

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...
 
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If you had money (lets say $10,000 USD) what business would you start?
Here is a guide on building an online business with $10,000:
  1. Research: Research the market to find a profitable niche. Look for a gap in the market that you can fill with a unique product or service.
  2. Define your target audience: Identify your target customer and understand their pain points, needs, and buying habits.
  3. Create a business plan: Develop a detailed business plan that outlines your goals, strategies, and budget.
  4. Choose a business model: Decide on a business model that aligns with your goals and resources. Some options include dropshipping, affiliate marketing, or creating your own product or service...
Well,that depends in what country resides,who wants to invest that amount of Dollars.In Telecommunications I think that there more money is needed,just think about the equipment needed to do this,and how much this cost.Agriculture is a good idea,I think that would be considered a long time investment.
In telecommunication? what do you mean by that? Call centers? or Local Telecoms. Well in a tropical country, agriculture business is good if you have the land to sow, but if you don't its practically hard to get in touch with that business.
 
For online business, i will perform a good research on some fast selling products in my country, then i will import, sell and make profit or i will buy cheap products from one site and sell on another for profit.

However, for offline business, investing in agriculture would be fine. Animal farming and Crop farming are profitable in my Country now, and the cash would be enough to startup this without problem.
Yes,this might be a good idea:to buy products for a cheaper price and to sell them for higher price on your site.You have though to be a good marketeer,to know how to do this type of things,because already a lot of people are doing these and even for years.You have to come up with something new,unknown strategy to surpass them.
 
Yes,this might be a good idea:to buy products for a cheaper price and to sell them for higher price on your site.You have though to be a good marketeer,to know how to do this type of things,because already a lot of people are doing these and even for years.You have to come up with something new,unknown strategy to surpass them.
I understand, it's like trying to think outside the box. Many people are into this, and while some must have had success, some had not. So it depends on the strategy one uses. I think some people just go into this without understanding the in & out, of course, it would be difficult but if you take your time to understand it, you may have good chances of making it.
 
I agree with a comment that advised you to invest it in bitcoins. I would do that but only some of the money. Use the rest as a fund to invest in other online businesses. They are many online start-ups looking for investments.
bitcoin is not a good opt for now. maybe some other cryptocurrency, but bitcoin? hmmm thats a really risky stuff. since bitcoin value of decreasing drastically.
 
bitcoin is not a good opt for now. maybe some other cryptocurrency, but bitcoin? hmmm thats a really risky stuff. since bitcoin value of decreasing drastically.
There always been a fluctuation on the price of Bitcoin.There have been some ups and downs in the price of this cryptocurrency,but after that he got up in price,and kept it.
 
There always been a fluctuation on the price of Bitcoin.There have been some ups and downs in the price of this cryptocurrency,but after that he got up in price,and kept it.

i felt scared when the bitcoin is hugely breakdown. its value drop more than 1k $, there is a new currency that newly release, bitcoin cash i think. but it was like bitcoin too
 
i felt scared when the bitcoin is hugely breakdown. its value drop more than 1k $, there is a new currency that newly release, bitcoin cash i think. but it was like bitcoin too
There is something usual,the fluctuation of the Bitcoin.I'm getting used to it.Anyway,if you look at the evaluation of the Bitcoin,even if there were ups and downs,the value of this cryptocurrency is much higher,that it was several months ago.
 
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.
Hello so your other business plan is like fiverr or upwork or odesk right?? is the filipino in canada is your friend? i wondered if people Nowadays ,is Interested in Reading books! how Much he payed? those writers?
 
Hello so your other business plan is like fiverr or upwork or odesk right?? is the filipino in canada is your friend? i wondered if people Nowadays ,is Interested in Reading books! how Much he payed? those writers?

I'm learning to how to create valuable digital products such as e-books, audio books, and training videos that I can sell on my own website. Having your own digital products is more profitable because you could earn all the profits and you could earn repeatedly. The Filipino I mentioned in my previous post started his online business by selling e-book. He just compiled great quotes from the bible (the one that don't have copyright), categorized it, and to sold on his website. Within a month he earned about $240. He continued his journey, studied how to create high quality content, learned financial literacy, hired writers, and he became business and financial coach. He has now coaching program about creating an online business that he offer for about $500 for 8 sessions and open only for a limited number of students. Here in Philippines $500 is more or less Php 25,000. He have helped many Filipino to transition from being a corporate employee to become online entrepreneur.
 
I'm learning to how to create valuable digital products such as e-books, audio books, and training videos that I can sell on my own website. Having your own digital products is more profitable because you could earn all the profits and you could earn repeatedly. The Filipino I mentioned in my previous post started his online business by selling e-book. He just compiled great quotes from the bible (the one that don't have copyright), categorized it, and to sold on his website. Within a month he earned about $240. He continued his journey, studied how to create high quality content, learned financial literacy, hired writers, and he became business and financial coach. He has now coaching program about creating an online business that he offer for about $500 for 8 sessions and open only for a limited number of students. Here in Philippines $500 is more or less Php 25,000. He have helped many Filipino to transition from being a corporate employee to become online entrepreneur.

that is the best case scenario, but if one doesn't feel ready to launch his own digital products, it'd be a better idea to start by selling already existent products to earn a comission out of them
 
If you already have a business idea, try buying an established website from Flippa under the same business line. Just beware because some might be scammers.
 
that is the best case scenario, but if one doesn't feel ready to launch his own digital products, it'd be a better idea to start by selling already existent products to earn a comission out of them

Yup, affiliate marketing is a good starting point for venturing a digital business. You do not have to create your own digital products but you have the opportunity to sell and earn big amount of money. You just have to look for vendors that offer affiliate marketing and earn commission for every sale that you made.
 
I think importing tangible or physical things can be a great way like very big office equipment and advertising them online for both online and offline use to bring in so much profit. 10k$ isn't money to toy with.
 
I could link to some of the business which can be done in 10k USD. but the links here get removed. so you may have to do some google search. Recently some of the online business ideas are being circulated on about.com websites's blogs. lot of good ideas.
 
How about building a site like this,a GPT or paid to post forums and getadvertisers to advertised and you just pay posters and keep the rest for yourself. I'm sure if run well it will be great business niche to run.
 
10k business are plenty. the thing is that there are some of the ideas can be really good for the working around. you may notice that it can be fun in terms of the business. that seems to be the case that we can usually see with the type of the people that worked around.
 
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.
I agree on that mini importation of business is a good choice specially if you are into gadgets and electronics since it is now the most trending and very popular in market today.
 
yea @junrose123.importation is a great and lucrative business now,one just have search for most high demanding items and products and start importing them.for profits.it a good way to make good money.
 
yea @junrose123.importation is a great and lucrative business now,one just have search for most high demanding items and products and start importing them.for profits.it a good way to make good money.
Thanks for agreeing with my idea, I hope I could give help to the creator of this thread for him to really have a great choice to start a good business.
 
yea @junrose123.importation is a great and lucrative business now,one just have search for most high demanding items and products and start importing them.for profits.it a good way to make good money.
It is a very lucrative one but one needs to have reliable clients for easy business transaction cos cos transportation also play key role in the sucess of the business
 

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