What Would I Do With 100K to Invest Online?
As we talked about last week, What Would You Do With $100k to Invest Online?
I have been thinking about it, and this would be my idea:
1. Transfer the money to ING Direct. ~5% = $1,000
2. Start shopping for a website in the $50k range that is already established and making $5-6k a month.
3. Buy site and start developing additional features within the site. Spend $10-20k on development.
4. Start marketing the new features of the site with Adwords, link buys, and buzz (social media) marketing.
5. Sell site for $150k in 6-12 months when revenue justifies price.
6. Repeat all steps.
My other ideas include:
1. Buy an old site in a market I can monetize.
2. Hire a link builder. $20,000
3. Hire a linkbait writer.$5-10,00
4. Hire 5 content writers. $10,000
5. Hire article submitter. $1,000
6. Spend $69,000 on arbitrage reinvesting the earnings into #2-5
I think that way would be more fun, but not necessarily as profitable. Any investors want to give it a shot and see if we can get you a 25% return on your money in 6 months?
What would you do with $100,000 to invest online within 3 months?
Rick said
March 23 2007 @ 12:00 pm
Um, where can you find a website for $50k that is making $5-6k per month? It seems that a site with that much revenue is going to sell for much more than $50k since you’d make your initial investment back in 8-10 months.
Michael M said
March 25 2007 @ 3:46 am
Yes Rick you are right.
With 100k you could make a great product or many ( for example little gadgets ), and market it with linkbaites.
Daniel E said
March 5 2008 @ 12:12 pm
Brandon, thanks for providing a few steps on how to make $. This week with the boss finally broke the camel’s back. Where do you find a place to buy existing websites? Most I see are template deals. Where’s a place real web masters like yourself go to offload their websites?
Brandon said
March 5 2008 @ 1:34 pm
Rick, you can find websites selling for 10x revenue at any forum.
Daniel, my favorite place is Digital Point. Many people like Site Point as well.