Some people will have you believe you can make thousands of dollars online while investing just less than $100. Is it true? Yes and No
I have made close to $10,000 in two weeks with an investment of less than $100. So, it's a possibility. What might not be true is when they insinuate you can do the same. The following will throw more light . . .
By the time I achieved this feat I had been actively online for more than eight years. I had built and lost a site that ranked within the top 1% of all sites online within its first six months. I had developed serious copywriting skills. I had already achieved a goal of writing 40 new articles daily.
I already knew a lot about ranking high at search engines. I knew the many monetization options with their pros and cons - I could go on and on.
If you have such internet resume, you can achieve the same and, perhaps, more. If you don't, you'll have to start with a more modest expectation.
You can still start out with just $100 and achieve much. However, I don't advise you do that. The things you may save on will make you less productive.
Let me make it clearer. . .
You can pay for a domain name and hosting with as little as $50 for a year. But, for you to build a site that rocks you'll need. . .
1) A good keyword research tool
2) An acceptable look and feel for your site
3) A good automated search engine submission tool
4) A good search engine reporting tool
5) A good traffic analysis tool
6) A good monetization tool
7) A powerful but non-complicated site builder
8) A newsletter publishing tool
9) A form builder
10) A solid tutorial on when and how to do each step
11) An expert to help you ensure that you're on track
12) And so many more
Am I trying to discourage you? No I just feel it's a good idea to help you keep things in perspective. Your $50 a year investment just won't get you there unless you're already a guru.
There is another extreme: Getting a mortgage in order to start out. Don't spend more than $1000 until you start making up to $1000 monthly.
I use a great system/tool that incorporates everything you need to start out and make a huge success of your internet marketing. You'll be amazed at what it does for a little outlay. Learn more here
You can also learn how to get 100,000 high quality visitors monthly within 12 months without breaking the bank by subscribing to this special newsletter.
Chimezirim Odimba writes to help hardworking folks succeed online.