What business would you start with $1,500?

[CyberAlchemist]

Hey webmasters,

I would like to advice on starting a new business!

My background is in web hosting/online advertising and video marketing and I have $1,500 at my disposal to start a new business. I have a little knowledge on these fields and work well with affiliate programs. I would like to spend this money into new business but also like to have my budget get back fast.

What would you do? What field would you choose and why?

Your answers are appreciated.

Thanks

 

[ericplotz1]

$1,500 is a little to start with. A lot of IM is making a solid decision and coming up with a strategy to monetize that decision.

The key is finding a niche that works for you and drive a ton of interested traffic. Any investment is a crap shoot, but if you know how to play you come out on top more then not.

Invest in Scrapebox, GSA SER, some article spinners like WAC, SC4, and TBS, (I have em' all for different reasons), FCS networker, and learn how these tools work. Rank some YouTube videos or Web 2.0s for low comp keywords.

Watch YT tutorials till you cant stay awake anymore.

Honestly $1,500 isn't going to take you anywhere very fast, but its definitely a start. I started with a book I bought for $1 and sold it for $900 on Ebay. Napoleon Hill "How To Sell Your Way Through Life"

Was a first edition and I'm kicking myself in the ass for selling that book!

 

[drastic]

Save your money. If you have to ask this question, then you should not start any business because you will most likely lose the money.

Do some research on your own for a while.

 

[royals]

royals

I agree with him ... every business has some loopholes and you will only get to know when you have really worked in that business or you have done your research properly.

 

[sallysaleh]

For $1500 you can do many things. but the best thing you can do first is to educate yourself on how to do effective business. once you are well educated your business should be better. For me If I have such amount I may do affiliate business website or online shopping website using drop shipping business model which does not need much cash.

 

[DHB Web]

Many years ago I started a business with $200 which would probably be equivalent to $1500 today and through hard work and patients I turned that into a good income and sold it 5 years later for 6 figures. That was a hosting business so if you have expertise in the hosting field as you have said you do, I would suggest that you do a lot and I do mean a lot of investigation and research into that and find a niche that you can offer within the Hosting industry because there is always money to be made in providing people with the tools for them to start their own business such as hosting.