Online Business Ideas for Low Budget?
I want to do an Online Business. My budget is a meagre $250. I am ready to work around 3 hours a day. I have internet connection at home.
I have tried the following stuff and want to keep away from it:
1.) Affiliate Marketing
2.) Online Surveys and
3.) Paid to Read Email
4.) Domain Flipping
I want an idea in which i will be the owner of the business and i want to earn a decent monthly income at least after 6-8 months of starting the Business. I want to have a website for this.
I have a very little knowledge in web designing. I can create a static site with a Website Builder Software.
Though not immediate, I need to start earning at least after 6-8 months after starting the business.
Please give me good ideas along with the money i have to spend for different things for the start up.
Please indicate the Fixed and Recurring Costs.
Thanks in Advance
Someone with a surefire plan would probably charge you more than $250 to reveal it.
I’m sure you have already read more how to information than you will get here. I’ve heard the internet pros say more than once that the most common cause of failure is quitting, just when success is within reach, too many people, including myself, hop around between too many ideas, hoping to see an immediate payoff. One pro said that in the golden age of ppc 8 out of 10 attempted campaigns would succeed, these days of higher click cost and heavy competition this pro estimates 2 out of 10 campaigns succeed. Some gurus say “fail fast” it’s an essential part of the learning process.
You could blow your budget on education, spend 1/2 for a domain and host and the other half on paid (indian seo) traffic to kick it in gear. Buy and aged domain with a little pr with the promotion budget?
Building on a proven success might be a conservative approach. I understand the going rate for proven working sites is about 12x monthly income, so you could afford a site doing $25/mo currently, it’s not much but it is a demonstrated profitable, if the site was run by an inept operator, you can boost it with intelligent redesign and seo elbow grease.
One of the lower risk approaches, if you posses sound writing skills you might find steady work as a freelance article, sales copy writer, you might develop some high volume skills with 6 months practice.
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