What would you do with 30k USD ?

clyde

clyde

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Apr 22, 2010
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Not sure why but the bank offered me a 30k loan and I don't know if I should take it or leave it.

The first thing that comes into my mind is making 1000's of mini sites that make $ from adsense since this is the only thing that I've had success with besides product creation..

any thoughts?
 


unless you have experience building minisites and stretching your dollar as far as it can go, don't use debt to finance ventures like that.

but if you do, lol money.
 
any thoughts,
yeah dont borrow money


unless you absolutely already know how you will trun it into more and pay it back within 6 months. IF you arent sure you can do that and already have a plan they dont fucking bother as all that will happen is you'll make the bank richer and not yourself.
 
btw, I can pay it over the period of 7 years.

less than $800/month.
 
Didn't know that most loans are interest-free. It's actually less than that but I gave $800 as a ball-park figure.

Yes, I'm almost paying double the money back to the bank but that's still less than 10% per annum.

or maybe I'm stupid but I thought as long as I can turn it into a positive cash-flow, it can be a good debt (debt that puts money into your pocket)
 
ok numb nuts you're convinced its a good deal go for.

there is a reason banking is such a good buisiness.....you're it
 
Here's my exact business plan.

1. Register 5 different business adsense accounts, don't interlink them, use dedicated IP to access each one.
2. Buy 200 domains for each account, buy 200x 750 words articles.
3. Hire 4-5 filipinos to promote them.
4. Wait 3 months.
5. Profit.

Total spent per domain is $15-$20. 1000 domains would cost $15k-20k. The other $10k for promotion.
 
[ame="http://www.youtube.com/watch?v=35h6cR32BbE"]YouTube- Broadcast Yourself.[/ame]
 
clyde said:
Here's my exact business plan.

1. Register 5 different business adsense accounts, don't interlink them, use dedicated IP to access each one.
2. Buy 200 domains for each account, buy 200x 750 words articles.
3. Hire 4-5 filipinos to promote them.
4. Wait 3 months.
5. Profit.

Total spent per domain is $15-$20. 1000 domains would cost $15k-20k. The other $10k for promotion.
Click to expand...

why dont you build 1 or 2 sites with an actual business model?
 
clyde said:
Here's my exact business plan.

1. Register 5 different business adsense accounts, don't interlink them, use dedicated IP to access each one.
2. Buy 200 domains for each account, buy 200x 750 words articles.
3. Hire 4-5 filipinos to promote them.
4. Wait 3 months.
5. Profit.

Total spent per domain is $15-$20. 1000 domains would cost $15k-20k. The other $10k for promotion.
Click to expand...

Domains would not cost that much. $10k tops for 1000 domains. If you are paying $15-20 per domain for a year, you're getting ripped off.
 
do yourself a favour

dont borrow the money and go get a 9-5.

that way you may not end up debt ridden for the rest of your life
 
clyde said:
Here's my exact business plan.

1. Register 5 different business adsense accounts, don't interlink them, use dedicated IP to access each one.
2. Buy 200 domains for each account, buy 200x 750 words articles.
3. Hire 4-5 filipinos to promote them.
4. Wait 3 months.
5. Profit.

Total spent per domain is $15-$20. 1000 domains would cost $15k-20k. The other $10k for promotion.
Click to expand...

Do you even know if this works? Why don't you just try this with about 5 sites? Then use the profit to make 10 sites, then continue to scale.

Taking $30k because a bank offered it to you and spending it all on something you have never done before and have no clue if it will work is....retarded.
 
Donnie Darko said:
Domains would not cost that much. $10k tops for 1000 domains. If you are paying $15-20 per domain for a year, you're getting ripped off.
Click to expand...

It's not, it's total spent per domain which includes (domain name, article, cost for building up the site, and promotion).

r3p1v said:
Do you even know if this works? Why don't you just try this with about 5 sites? Then use the profit to make 10 sites, then continue to scale.

Taking $30k because a bank offered it to you and spending it all on something you have never done before and have no clue if it will work is....retarded.
Click to expand...

Hm, I would think so, I launched 170x 1 pager sites December last year and I do OK totally hands-off ($70/day average).

but, there are some risks,

1. The adsense accounts get booted.
2. Google change their algo.

For (1) I'm splitting the sites over 5 accounts and keeping them below the $100/day per account mark. They will be on separate hosts. not interlinked, different addresses, different names etc.

For (2). I'm not sure but as long as I have more than 100 quality in-contextual links I should be good. (I hope).

Still.. I don't know how viable this is. I know a few people that do this for a living/retirement plan, domaineers mainly that convert their business model from domaining to mini sites builder.

Example site is findmoney.net, this guy makes $300/day from adsense on one account.
 
Hi all, funny I just found this after posting my question., what shal I do with my spare 12k.......
I do like the idea of mini sites earning from adsence etc,..

OP dude help me creat a mini site, i deal with you :)

fuck a duck or sheep?
 
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