What would you do with 30k USD ?

Ditto: Don't do it. At least not like you are thinking it.

If you want to learn do 10. Get income to cover the costs, then 10 more. Scale slowly, what is the rush?

This magic formula you discovered is not new. It isn't going to get much older while you scale.
 


"yo u want money?"
"sure"
"you'll have to pay it back"
"wat?"

i'd NEVER NEVER NEVER use borrowed money to fund (specially blackhat) internet shit. Its too unstable. A site with a biz model, maybe. But this? LOL MONEY LOL
 
take the money then move to a 3rd world country ( that doesn't extradite) get someone to declare you bankrupt with false documents or never come back to the us LOL

then invest in a small house so ur cool whatever happens this can cost you about 15k the other 15k just rent an ffice with underpaid workers for 2usd a day and build 1-2-3 main sites

ofc dont spend anything on yourself in most 3rd world countries your 70usd/ a day will carry a long way the loan money should be only for investing

or play russian roulette lol
 
I do live in a 3rd world country and things are expensive here, I won't be happy with anything short of $15k/month I don't think.

I still have the 10k cash, I'm building another software to be launched in 1 month time, and in my free time I'm toying with POF and FB waiting for things to click (will be profitable tomorrow I think).

Still thinking about building these MFA sites as I've noticed my sites doing relatively well post may-day (june 2nd algo change). I might go a different route though, lesser sites but utilizing higher CPC keywords.
 
Trolling-in-small-boat.jpg
 
Register 10 domains on 10 different niches of good competition, install Wordpress, hire some good quality article writers (at about $5 per a 500 word article), post 10 articles daily per site, You take up the link building and promotion job, build ONLY low quality links (to start with) like forum signatures and blog commenting and in a year probably you should be making some good money on your investment.
 
ayzo said:
I will LOL when your outsourced workers leave you hanging for a month and come back and say they were sick/mother was sick/the power went out/they already sent you 10 emails but you didn't reply.
Click to expand...


LOL, over here it would be buffalo died/motorcycle broken/brother in the monkey house, but basically the same crap in all the third world countries.
 
The only way i would take on this idea witch i think has a 15% chance of working would be if they gave you the loan under a corperation (witout personal liability) so if you bust you can file chapter 7.

If you cant find a way to get this type of term, dont take the loan. Your model sounds good theoreticlly, but it doen't factor in human factors such as fear and greed. For example, if you lose 5k, since this is borrowed money, you may feel an urgency to try to recoup that 5k using methods that wasn't in your original plan out of desperation and you will end up lossing more and more. Kinda like being on tilt in a poker game. Bottom line is that if you dont already have a "machine" thats generating profit and is already scaleable, dont try to make one with borrowed money. Like everyone else is saying. Start with 2-3k with your theory..
 
You must log in or register to reply here.
Top Bottom