Do you really need to invest a lot of money? & Creativity Question

[Jinxus]

I've seen Lemons and other people paying upwards to 100 dollars on their site, which I find unnecessary. I've been researching and running my site for about two months now and haven't spent a dime of my own money and have made $50.00 so far. I realize this isn't a large amount but it's more than others have made (other beginners that is) and they've invested a lot of their own money into it. When I first started this I stuck around a "GPT (Get Paid To)" site and did some offers for maybe two or three days. In that time I was able to get $10.00 to buy a domain and hosting. With research I was able to find a domain and hosting for $9.25 the first year (shoutout to DreamHost for the amazing deal, try using the promotional code 777 for the same deal). Simple landing pages are easily coded or found for free on sites accessible by Google. In my opinion you shouldn't have to really spend any of your own money to get started. Please feel free to correct me if I'm wrong though.

Also, I've been having problems coming up with different ideas for other websites. My current campain deals with ringtones and other cell phone media. I'm not good at promoting it because you can easily record your own ringtones for free while the ones I'm promoting cost money. If you have any suggestions on ways to come up with other niches it would be greatly appreciated if you could share the love. :338:

 

[lemons884]

u actually don't have to spend any money on hosting at all if you can get someone to host for you on there own servers. but the question is, is this reliable?

but for traffic- spending money on backlinks is a lot more convient then spending hours on hours doing it yourself and wasting your time. i do a combination of both for that.

 

[Jinxus]

u actually don't have to spend any money on hosting at all if you can get someone to host for you on there own servers. but the question is, is this reliable?

but for traffic- spending money on backlinks is a lot more convient then spending hours on hours doing it yourself and wasting your time. i do a combination of both for that.

It shouldn't take hours upon hours to create backlinks. Just go create short paragraphs with your link. I see your point though, it's inconvenient but unless you're in a hurry it shouldn't be a problem. Once the money starts rolling in I may buy backlinks as well but it all depends. From what I've seen in your thread you've only spent around $17 on backlinking (correct me if I'm wrong). A domain and hosting shouldn't cost more than $15 so what else did you spend your money on?

 

[lemons884]

It shouldn't take hours upon hours to create backlinks. Just go create short paragraphs with your link. I see your point though, it's inconvenient but unless you're in a hurry it shouldn't be a problem. Once the money starts rolling in I may buy backlinks as well but it all depends. From what I've seen in your thread you've only spent around $17 on backlinking (correct me if I'm wrong). A domain and hosting shouldn't cost more than $15 so what else did you spend your money on?

my 2 domains which came out to be 40 dollars. i bought each for 2 years. hosting from hostgator came out to be i think around 130 i don't remember and i have that for one year. i had to upgrade the plan so i can get more domains. so far only 30-40 for backlinks. total for backlinks is around 1300. i have done about maybe 800 plus myself.

i think the backlinks will start kicking in and ranking my sites better after a few months when google re-evaluates things.

 

[sleepylee]

I've seen Lemons and other people paying upwards to 100 dollars on their site, which I find unnecessary. I've been researching and running my site for about two months now and haven't spent a dime of my own money and have made $50.00 so far.

Of course it's not necessary to spend your own money on your site, but the question is, can you afford not to? While you may not be investing money in your site, you are investing your time.

Would you rather spend nothing on your site and get $50 back after two months' work, or spend $1,000 and get $10,000 back? Hypothetical figures of course, but this is what business is about. Speculate to accumulate and all that.

If you want to be successful in this -- or any -- business then you absolutely have to realise that time == money.

 

[hermann]

When you are just starting out, your creativity is a much more important determinant to your success than your capital.

As a beginner, you have the advantage of hunger and explosive creativity that, later on, capital is only an unsatisfactory substitute for.

My advice is this: rely on that creativity and hunger and totally forget about capital for now.

-Marlon

 

[megashape]

When you are just starting out, your creativity is a much more important determinant to your success than your capital.

As a beginner, you have the advantage of hunger and explosive creativity that, later on, capital is only an unsatisfactory substitute for.

My advice is this: rely on that creativity and hunger and totally forget about capital for now.

-Marlon

strongly quoted!

 

[mahras2]

At the end of the day I find that its a function of time value. Making even $5000 over 6-7 months simply isn't worth my time if I am spending 20 hours a week on the idea. The hourly rate is ~10/hr and I can top that with basement level jobs. Its a better worth of my time to put my risk capital on line to actually start seeing over-average wages. If I can risk losing 100 bucks a day via PPC in the beginning to make it to earning 200+ bucks/day in 2-3 months, its a better spend of my time as long as you have a favorable probability of reaching profitability. Thats just my take on this.

 

[efeezy]

As for the backlinks thing. My first two sites that I created strictly for monetizing Adsense (not MFA type sites mind you), but ones with decent quality content, I did all my own backlink generation. IT TOOK A TON OF TIME.

However, it has paid off as both sites have over 50,000 backlinks on lots of different types of sites related to my niche, and rank top 5 for dozens of keywords I was targeting. For the next two sites I only did a little of my own backlink building, and hired out the rest, probably spending $100 on each.

Those sites have 30,000+ backlinks now and also rank in the top 5 for their keywords.

Moral of the story, if you do it yourself, you can get good results. If you hire it out, you can get good results. If money is tight, go with the former. I prefer to pay to have the grunt work done so I can focus on bigger and better things. Red Virus just did a social bookmarking job for me and I'm seeing new links already.