I have $500 spare!
-
@scottalanmiller said in I have $500 spare!:
Starting your own business can be a great thing, but you want to do a LOT of research first, and generally you need to dedicate a huge amount of time and resources for it. No site or business will easily just "make money on its own", that market was saturated the instant it first popped up.
You pretty much need...
- A ton of money to invest into something someone else built.
- A brilliant idea that no one else has had.
- Huge luck in discovering a huge market gap that no one else ever noticed.
- Tons of sweat equity.
- A bunch of money to purchase a government license to "own" an exclusive market that has little choice but to pay you.
This is all noted. I'm gonna add this to my 'read it to refresh list'.
-
Buying and flipping on eBay is your best bet with $500.
Just pick random things up on Craigslist and flip on ebay
-
@scottalanmiller Thanks for you inputs. Really much appreciated.
-
@IRJ said in I have $500 spare!:
Buying and flipping on eBay is your best bet with $500.
Just pick random things up on Craigslist and flip on ebay
Exactly man!
-
@darrel said in I have $500 spare!:
@IRJ said in I have $500 spare!:
Buying and flipping on eBay is your best bet with $500.
Just pick random things up on Craigslist and flip on ebay
Exactly man!
I think that's your best bet honestly. It can also be quite profitable. Yeah there's some work involved, but it's easy to lowball on Craigslist and Facebook marketplace
-
Invest in TSX symbol WEED when it drops next and wait... ?
Up a little over $21k myself this year with very little invested initially. -
@manxam You just gave me an excellent idea!
-
-
Hey there! I finally found and decided where to spend this spare $500 of mine. I know you guys proved to me that it's just a very small amount, it's not ideal to use this and buy small business on Flippa, not even worth using to start a small IT Business(actually, not enough), and not even worth using to start a blog site('coz you don't know when you can get your investment back because monetization is very hard). I agree to all of you and thanks for that. Now, where I'm gonna use it? I thought about investing it on stock market, but, I don't think I can get that much from it.
So, I decided investing it to myself, yup you read it right.
$50 will go to Udemy courses, I think that's enough since they are always on sale, one course could probably cost around $12.00 only. I already have skill set to use for a freelance work but I thought eating more knowledge would help me more on my career, and I want more and more knowledge('coz it's me :grinning_face_with_smiling_eyes: :grinning_face_with_smiling_eyes: ). While doing so, I'll create a profile in Upwork and will avail their $10/month Freelance plus plan and thinking about getting a year worth of subscription, so a total of $120.
After that, I'm going to avail a year of subscription on wordpress and build a landing page for my upwork profile. That will be around $60 for a Personal plan.
So the total is now at $185. I still have $315 left, which I probably be using to buy Connects on upwork ($1/connect), it's like a token in-site so I can submit a proposal to possible clients.
I know this is not something that I can say a good use of $500 but I'd say, it is a good move. Once I get my profile approved (might take weeks) in Upwork, I'm gonna open another thread and update you there until I land my first freelance work. :smiling_face_with_smiling_eyes:
-
@darrel said in I have $500 spare!:
Hey there! I finally found and decided where to spend this spare $500 of mine. I know you guys proved to me that it's just a very small amount, it's not ideal to use this and buy small business on Flippa, not even worth using to start a small IT Business(actually, not enough), and not even worth using to start a blog site('coz you don't know when you can get your investment back because monetization is very hard). I agree to all of you and thanks for that. Now, where I'm gonna use it? I thought about investing it on stock market, but, I don't think I can get that much from it.
So, I decided investing it to myself, yup you read it right.
$50 will go to Udemy courses, I think that's enough since they are always on sale, one course could probably cost around $12.00 only. I already have skill set to use for a freelance work but I thought eating more knowledge would help me more on my career, and I want more and more knowledge('coz it's me :grinning_face_with_smiling_eyes: :grinning_face_with_smiling_eyes: ). While doing so, I'll create a profile in Upwork and will avail their $10/month Freelance plus plan and thinking about getting a year worth of subscription, so a total of $120.
After that, I'm going to avail a year of subscription on wordpress and build a landing page for my upwork profile. That will be around $60 for a Personal plan.
So the total is now at $185. I still have $315 left, which I probably be using to buy Connects on upwork ($1/connect), it's like a token in-site so I can submit a proposal to possible clients.
I know this is not something that I can say a good use of $500 but I'd say, it is a good move. Once I get my profile approved (might take weeks) in Upwork, I'm gonna open another thread and update you there until I land my first freelance work. :smiling_face_with_smiling_eyes:
I like the idea of training, but paying for upwork seems silly? I've worked there a few years ago and that was never a thing. It was free and clients pi ked you based on your portfolio and reviews.
-
@IRJ Yep, I know right! But, with the current system of UpWork, I think this is the best way if I want to fully utilize their system. Thanks for the feedback though.
This is the difference in between plans. The basic is a free plan.
-
@darrel said in I have $500 spare!:
@IRJ Yep, I know right! But, with the current system of UpWork, I think this is the best way if I want to fully utilize their system. Thanks for the feedback though.
This is the difference in between plans. The basic is a free plan.
Wow looks like a racket to to me. Not sure why they have to do this since they ake a fee from actual hours worked. They probably only do this to exploit the poor and unqualified talent which is extremely prevalent on these freelance sites.
The amount of useless talent is unreal on there. I wouldn't pay, I'd just do good work to stand out. Because free and paid members still have the same ability to create proposals. If your proposal is better than everyone else's proposal then you get the job, right?
-
@IRJ said in I have $500 spare!:
@darrel said in I have $500 spare!:
@IRJ Yep, I know right! But, with the current system of UpWork, I think this is the best way if I want to fully utilize their system. Thanks for the feedback though.
This is the difference in between plans. The basic is a free plan.
Wow looks like a racket to to me. Not sure why they have to do this since they ake a fee from actual hours worked. They probably only do this to exploit the poor and unqualified talent which is extremely prevalent on these freelance sites.
The amount of useless talent is unreal on there. I wouldn't pay, I'd just do good work to stand out. Because free and paid members still have the same ability to create proposals. If your proposal is better than everyone else's proposal then you get the job, right?
You're right! Getting that freelancer plus thing wouldn't mean that much. I'd rather invest time on creating a great and pleasing proposal. I tried browsing some projects and most of them are looking for entry levels so I think I can still land my first client fast with the basic plan.
-
@IRJ said in I have $500 spare!:
I like the idea of training, but paying for upwork seems silly? I've worked there a few years ago and that was never a thing.
I agree, Upwork feels like a bad place to invest.
-
@darrel said in I have $500 spare!:
@IRJ said in I have $500 spare!:
@darrel said in I have $500 spare!:
@IRJ Yep, I know right! But, with the current system of UpWork, I think this is the best way if I want to fully utilize their system. Thanks for the feedback though.
This is the difference in between plans. The basic is a free plan.
Wow looks like a racket to to me. Not sure why they have to do this since they ake a fee from actual hours worked. They probably only do this to exploit the poor and unqualified talent which is extremely prevalent on these freelance sites.
The amount of useless talent is unreal on there. I wouldn't pay, I'd just do good work to stand out. Because free and paid members still have the same ability to create proposals. If your proposal is better than everyone else's proposal then you get the job, right?
You're right! Getting that freelancer plus thing wouldn't mean that much. I'd rather invest time on creating a great and pleasing proposal. I tried browsing some projects and most of them are looking for entry levels so I think I can still land my first client fast with the basic plan.
Has anyone tried Upwork and found there to be enough money to make the time work it?
-
@scottalanmiller I'm yet to find out? :grinning_face_with_smiling_eyes:
-
@scottalanmiller said in I have $500 spare!:
@darrel said in I have $500 spare!:
@IRJ said in I have $500 spare!:
@darrel said in I have $500 spare!:
@IRJ Yep, I know right! But, with the current system of UpWork, I think this is the best way if I want to fully utilize their system. Thanks for the feedback though.
This is the difference in between plans. The basic is a free plan.
Wow looks like a racket to to me. Not sure why they have to do this since they ake a fee from actual hours worked. They probably only do this to exploit the poor and unqualified talent which is extremely prevalent on these freelance sites.
The amount of useless talent is unreal on there. I wouldn't pay, I'd just do good work to stand out. Because free and paid members still have the same ability to create proposals. If your proposal is better than everyone else's proposal then you get the job, right?
You're right! Getting that freelancer plus thing wouldn't mean that much. I'd rather invest time on creating a great and pleasing proposal. I tried browsing some projects and most of them are looking for entry levels so I think I can still land my first client fast with the basic plan.
Has anyone tried Upwork and found there to be enough money to make the time work it?
I browsed it a while back when deciding if I wanted to farm something out.
Wading through the shit took too much time. Will never look at again.
-
@scottalanmiller said in I have $500 spare!:
@darrel said in I have $500 spare!:
@IRJ said in I have $500 spare!:
@darrel said in I have $500 spare!:
@IRJ Yep, I know right! But, with the current system of UpWork, I think this is the best way if I want to fully utilize their system. Thanks for the feedback though.
This is the difference in between plans. The basic is a free plan.
Wow looks like a racket to to me. Not sure why they have to do this since they ake a fee from actual hours worked. They probably only do this to exploit the poor and unqualified talent which is extremely prevalent on these freelance sites.
The amount of useless talent is unreal on there. I wouldn't pay, I'd just do good work to stand out. Because free and paid members still have the same ability to create proposals. If your proposal is better than everyone else's proposal then you get the job, right?
You're right! Getting that freelancer plus thing wouldn't mean that much. I'd rather invest time on creating a great and pleasing proposal. I tried browsing some projects and most of them are looking for entry levels so I think I can still land my first client fast with the basic plan.
Has anyone tried Upwork and found there to be enough money to make the time work it?
I've done a couple of jobs on Upwork and gotten paid for the work I did. It's not terrible, but I'll echo @JaredBusch 's comments... there's a lot of crap to wade through no matter which side of the fence you are on.
-
@darrel said in I have $500 spare!:
After that, I'm going to avail a year of subscription on wordpress and build a landing page for my upwork profile. That will be around $60 for a Personal plan.
We all know another place to get WP hosting.. <cough>hostadillo</cough>
If you are going to use a WP site, I assum that means you want to learn more about customizing WP, etc. Well doing it on WP.com is my last choice.
If you are going to tinker with really learning, you need it in a VPS. You can spin that up on Vultr for the same $60/year.
Then you can use their snapshot functionality to totally let you break shit.
-
@JaredBusch said in I have $500 spare!:
@darrel said in I have $500 spare!:
After that, I'm going to avail a year of subscription on wordpress and build a landing page for my upwork profile. That will be around $60 for a Personal plan.
We all know another place to get WP hosting.. <cough>hostadillo</cough>
If you are going to use a WP site, I assum that means you want to learn more about customizing WP, etc. Well doing it on WP.com is my last choice.
If you are going to tinker with really learning, you need it in a VPS. You can spin that up on Vultr for the same $60/year.
Then you can use their snapshot functionality to totally let you break shit.
I'll definitely include that on my checklist.
