Monday, July 30, 2012

If you had $100 to build your business...

One of the things I am super driven to do is learn as much as I possibly can about everything I get involved in. In fact, I tend to obsess over things for awhile when I first get into them. In this vein, I have been researching everything I can get my hands on when it comes to SEO, Blogging, affliate marketing and building an online business. With that in mind, I recently asked a bunch of experienced online business marketers what they would do with 100 dollars to invest in their company, if they could go back to the beginning with the benefit of hindsight.

We all "know" that you need to spend money to make money. While in the online world you often substitute time for money they are some ways to save time by spending money. The problem is there are so many things to spend money on and most of them are worth next to nothing. That Ebook worth 397 that you can have for only 49.95? Chances are its crap and I could pump it out in about a day. That software bundle? it is probably free or cheap software, re-branded to make the seller money, not you.

So I decided to ask what should a marketer spend is first hundred dollar investment on. Why pick $100? Well, while some people have money to spend when they enter the world of network marketing, most of us are doing it to supplement our regular income, so I didn't want to high a price tag. I figured $100 dollars wouldn't break the bank for most people but would be high enough to get some real value. So here are the answers most of which came from the warriorforum.com

War room subscription (or subscription to another popular newsletter)
paid ads
buy content for your blog
Buy the rights to an item to use as a Special Offer
Invest in SEO
PPC marketing and
Quality WordPress themes

There were other ideas but the majority of them were along the same lines. With the exception of the newsletter subscription, they fell into two categories. One was driving traffic to your site whether by ads or better Search engine rankings. The the second was increasing the quality of your blog by buying high quality articles (in addition to writing your own) or making your blog more visually attractive.

The great thing for any of you readers out there, is that those two categories are covered in detail here. Hopefully, the stuff you read here will help you spend your money wisely if you ever decide you want to invest some cash into your online business.

Hope that Helps,
Tony

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