/biz/ - Business & Finance

dammit guys there's a LOT of value in here

one more bump

>>10218409
Bump. Thanks for this OP.

>Parking Garages or lots
Anyone experinece with that? How much ROI are you getting? And how much hustle is it?

>SaaSfag thread again
>Digital Media Marketing
What the fuck is this even useful for, holy shit.

>>10218409
Buying BCH is the only way to make it in life

BCH is literally the new paradigm in crypto

I’m going to spread this on twitter, facebook, youtube everything everywhere

Everywhere and everyone will be buying and using BCH

BCH will go over 9000! Everyone will be using it and transactions will be so fast and cheap.

Did you not hear that everyone is buying and using BCH now?

Omg like BCH is brilliant!

Lets buy BCH and HODL forever

You didn’t think BCH could be stopped did (((you)))?

Didn’t you hear?

We will have 10 trillion market cap within the next year!

Buying BCH is the best way to success!!

I’m writing a book on BCH

BCH long foreverrrrrr and everrrre!!!!!
<3 xoxoxoxoxoxoxo

Hey do you like BCH and making money?

Because I like LOVE bch!

Omg I love BCH so much!

I like talking about BCH and how fast and cheap transactions are. It is the real bitcoin. Roger Ver is brilliant and Craig Wright is Satoshi.

I love how BCH is backed by Satoshi too as it is his true vision as per the white paper!

BCH is the new paradigm!!

I’ll buy BCH and go long forever and everrr ;)

I’ve been buying BCH this whole time

I’ve been teaching others and I’ve gotten my neighbors and coworkers into buying BCH and we are all making a lot of money together.

I’m really popular now among my friends because I’m making so much money with BCH since the airdrop. A lot of my friends are making tons of money off of BCH and we’re going to make a lot more!

I can’t wait to get my own miner from vitamin so I can help mine BCH but until then I’ll just invite people to my house to buy BCH and I’ll also buy BCH in my car.

Buying BCH is the best guaranteed way to make money!

>>10218630
So this is one of my very recent ventures and I actually have only had it for three months.

To give you an idea, I bought a pretty bare lot that already had asphalt on it that was right outside of the city center in my very small college town, that is really only there for said university and is also the state capital. I picked that spot because it's directly in between the university and downtown where the capital is. Not far from either and on the bus route.

My expenses so far have been:
>painting all the spots
>resurfacing parts of the asphalt
>fencing in the lot
>putting up a gate and payment system
>actually buying the land

I put 100k down on a 800k loan, 700 for the property and 100 for the expenses, of which I've only used a quarter so far.

I charge $2 an hour which is paid when the person leaves the gate. If they lose the ticket then its automatically $20.

if you've got any other questions just ask

And I keep saying "my university" but I've since dropped out. I'm quite young but I'd rather not say specifically

>>10218409
best passive income online business
start a blog on a specific topic
and hit the theme from every single possible angle

>>10218635
>What the fuck is this even useful for, holy shit.
making money?
fuck off if you want to say lazy and poor

>>10218706
how much does the prpoperty yield and how much do you cash flow?

>>10218706
How to secure 800k loan with 100k cash?

>>10218724
So I have 350 spots an on average for the past three months of ownership about 60% of the spots are filled on weekdays for the entirety of the day, so 10 hours times 350 times 2 times .65 comes out to about $4500 a day.

On weekends, that number is closer to 85%, so for the week you'll do about 6k friday, saturday, and sunday. So for the week you will do 36000. I had two other investors on this so I get a third of the monthly profits.
However keep in mind that 700k loan is planned to be paid back over only 5 years so that's 16k right there, plus property tax plus general upkeep.

Now I also have an ATM on premesis so peopel can get cash in the parking lot and pay their meters, so people are essentially paying me to pay me.

>>10218759
With the cash flow this business can generate, three people's collateral, and a really really solid business plan, a bank would be stupid not to.

I have an affiliate site earning around $1k/mo now but I'm having trouble growing my traffic. Auto blogging has always interested me but i was never able to make it work.

>>10218635
i do this for a living - Digital Marketing / SEM / PPC

big data advertising is huge right now with the abundance of data gathered by social media outlets, phone companies and search engines

it allows targeted ads at a level we have never seen before and soon dynamic websites will be built allowing every website to be custom built to your specific likes and needs.

you need a solid understanding of data, analytics and behavioral sciences. old school marketers are literally dying out right now due to this massive shift in how data is used to market to you at a micro and macro level.

4 years experience in SEM / PPC, especially if you understand algorithmic bidding will net you a salary of 120k+ at any major company with a large e-commerce / web presence

>>10218635
You are seriously a brainlet if you believe there is no use for SaaS and Digital Marketing in today's world.

anyone here using GSA or Xrumer to rank anything?

>>10218868
Digital marketing is probably the easiest way to make money online with little to no skills. You literally just have to sell, and you can delegate the lion share of work of small to medium-rate clients to people on fiverr and none will be the wiser.

Shrimp farm is the only investment you need.

>>10218946
yes

>>10218821
>>10218409
Do your affiliate sites actually promote products, or do you simply generate a receptive audience and then say "please use my Amazon link to buy shit"?

>>10218409
dividends

/thread

>>10219075
the latter. its woven into an article about whatever the product is

>>10218409

Holy shit a pre-crypto biz thread!

RARE
A
R
E

So OP I am wondering about your ATM set up? How did you get into this? Did you have to have POS experience or need to get any type of certification for AML/KYC.

Did you buy the ATM outright and then try to figure out a spot to lease? and have you been Skimmed yet?

>>10219106
U really should seek more assets. Owning a decently successful advertising spot can get you many multiples of your opportunity cost or real capital investment back. Dividends are great tho.

>>10218409

>Dropshipping

This is no longer true. If you want to make any serious amount of income, this requires major time investment unless you hire VAs to handle everything for you. Fulfillment because shit like Oberlo still requires manual input because it's not always right as well as Customer Service because cheap chinese shit has a very high rate of being broken before even arriving to the customer which leads to bloated requests for refunds and chargebacks.

If you want to utilize Paypal, when they find out that you are doing a drop shipping business (and they always find out), they will hold a large % of your funds for at least 15-30 days as chargeback protection because they are very much aware of how high and frequent chargebacks are with dropshipping.

Then there is dealing with Chinese vendors if you want negotiate deals. They are notorious for really not giving a fuck about small, new vendors because they already have huge vendors who do huge amounts of sales with them. Unless you're pulling massive rev, don't expect them to ship anything timely.

Then there's the advertising. Facebook Ads is extremely fickle. I can be pulling great numbers for one week, then everything takes a shit immediately because FB decides to fuck with their algorithms at a drop of a hat. Ad costs on facebook ad up quickly for new people who don't know how to target correctly.

Don't be fooled by this shit if you're just some random nobody thinking you can make money without much investment. This will fucking steal more time than you can imagine unless you are always one step ahead of the game.

>>10218409
OP I want to do what you do.

Can I partner with you somehow? I am a lawyer so I'm not a brainlet.

>>10219247

I should have prefaced this by saying that I was into this shit heavily and the worst part was dealing with the chinese vendors.

This was a regular issue:

>day 1: submit an order for 45 things that got ordered today
>day 2: nothing happens, send request for ETA, they say they're working on it
>day 3: nothing happens
>day 4: nothing happens
>day 5-6: it's the weekend, many vendors don't respond at all during the weekend
>day 7: 5 or 6 pieces ship out
>day 8: sorry, we are working on it! btw this item is selling very hot, can you sell this too?
>day 9: everything ships out at once
>items can take up to 30-45 days to arrive, and even longer depending on customs of the country so the longer they take to ship your items, the longer it takes for it to arrive at the destination
>receiving constant emails about where is my order where is my order even though shop page clearly states that because we are a global distributor, shipping times will be delayed
>various threats for chargebacks, some don't even threaten they just begin the chargeback process
>10% and in some bad cases 20% of orders sent will have some issue, either the item doesn't work was poorly packaged and thus damaged to the point of unusable

Dropshipping is a nightmare and you can't do anything about the fact that the chinese absolutely don't give a rat's ass. They also don't care if you're a long time customer of theirs. The minute your sales start to dip, the lack of response and service is apparent.

>>10219075
My site "reviews" products in my niche mostly. I also sprinkle in a lot of good non-affiliate content so google doesn't bitch slap me but it's mostly reviews and "best of" articles. I have 2 writers and SEO pajeets so the whole thing is outsourced I just do keyword research and post the content.

>>10219363
I did dropshipping for a while and found it to be too dependent on things outside of my control. I find that stressful and the pay did not warrant the work in my opinion. Do you do well?

>>10219150
>So OP I am wondering about your ATM set up?
Not sure what you mean. It's set up as an LLC in my name legally if that helps
How did you get into this?
I was out at one of the nightclubs and couldn't get cash, so the next morning I literally walked in during the day and asked the guy if he wanted me to set up an ATM inside. I paid for it, and now he gets 30% of each of the sales that occurs at his location.
>Did you have to have POS experience or need to get any type of certification for AML/KYC.
Didn't need any certification. However my high school job was working for a family friend who owns hundreds of POS systems around tallahassee, pensacola and tampa and I did all the servicing for the machines in tampa. I have also gotten him 10 accounts in tallahassee since I started uni here last year.
>Did you buy the ATM outright and then try to figure out a spot to lease?
Bought it myself and I share profits with the establishment owner.
>have you been Skimmed yet?
Yep but I or one of my friends check on all of the machines at least once day and I've shown them how to take them off. I'm reverse engineering them as a little side project.

>>10218409
you don't happen to be a poo, do you?

>>10219520
No of course not. I've lived in the US for most of my life in fact(I'm white)

How well do you guys think someone could get an online leatherworking store setup while wagecuck full time?
I’m working forwards making my own leather business online, but I got four years of welding and fab under my belt (at my first job, two years trade then college, I recently learned I don’t want to spend my life busting my ass, especially since arthritis runs in the family.)

>>10219363
What about buying marketing and selling specially made electronics?

>>10219680
>Little to no Investment($100-$1k)
>>Dropshipping
>>Social Media Marketing
>>Digital Media or Marketing of any kind
>>Web Development
>>Freelance software development
>>Affiliate Marketing
>>Making Online Courses
>Some Investment Required($1k-10k)
>>ATMs
>>POS Systems
>>Slumlording
>>Daytrading
>>P2P Lending
>>Authoring or Online publishing
>>Vending Machines
>>Automated News sites or any kind of automated blog
>>Automated online Arbitrage with the help of a buybot
>Large Investment Required, but still very passive(10k+)
>>Parking Garages or lots
>>Laundromats
>>Batting Cages
>>Rental Properties
>>Buying Royalty rights on music, media, etc
>I'm sure there are dozens of others that are out there but that's what I can think of off the top of my head. I personally do 6 of these and those 6 are my only streams of income. They are:
>>an ATM business with 10 machines at $3/transaction $200max
>>Three affiliate sites
>>A parking lot near my university(extremely high revenue but also my highest expenses)
>>Digital Media/Marketing Agency which I have people running so I rarely have to be involved
>>One rental property(barely profitable yet)
>And the big kicker
>>subscription based SaaS products, two of them with a third well on the way
>Feel free to add more, but I think that's a lot of value that you won't find in most threads here.
well then that's not dropshipping. The point of the business model is that you aren't investing in product upfront.

>>10219705
holy shit whoops

>>10218409
How old are you OP? How did you raise your initial investment capital (wagecucking)? What is your total monthly passive income after expenses? Why hasn't your rental property begun being profitable yet? Why do multiple types of passive income streams instead of focusing on one type? Like why shouldn't I just only work on acquiring as many rentals as possible?

>>10218409
>>Social Media Marketing
>>Digital Media or Marketing of any kind
>>Web Development
>>Freelance software development
I'd hardly call this passive income. I'm a software dev and it's *definitely* a job, not a sit-back-and-watch-the-money-roll-in kind of thing.

>>10219769
U can, but the different capital investment involved means that you could put down 3k on an ATM, put a thousand a week in the unit and be a little dry for anything else like that till your recoup some costs. But in the meantime, you build affiliate marketing sites or start putting time into making an ebook, or you sell courses or whatever. All of the stuff that only takes your focus and labor. Then those income streams start delivering, and you migrate more of your new income into investing into the stuff requiring more capital. The yield may not be that much higher, but it's also more insulated due to the higher barrier to entry, so the more capital you can accumulate and put into larger projects, the higher the actual income will be (though your ROI might be similar to the ATM or something) and the less likely it will die from competition. Though capital requirements don't always insulate you, but you've probably get a smaller amount of potential competitors.

>>10219769
>How old are you OP?
I'm 22.
>How did you raise your initial investment capital (wagecucking)?
Like I said I was making about $2000 a month in high school servicing POS systems, and from there used that money to learn how to code and launched my first saas product. It's a shitty text tool that sends you tech articles every morning for $10 a month. From there, I continued to build residual income to where I am now.
>What is your total passive monthly income after expenses?
Well I still live in my $1000 a month, three roommate apartment, so they're quite low. I'm kind of laying low and saving every penny until my girlfriend finished university at the same school I dropped out of this may, which if you read up the thread should be pretty obvious.
To answer your question:
>ATMs:
this changes month to month, but generally hovers around $6000 a month in total.
>SaaS:
500 people pay anywhere from $15 a month to $150 a month, with an average payment of $65. 40% of that goes to affiliates, so I'm left with the remaining 60%. it totals out to about $13000 a month.
>Digital Media:
As I've delegated most of this out, I am making about 7,000 a month from accounts I've delegated all of the work to. This one is entirely passive.
>Rental Property
This one has a $700 mortgage and the renter is responsible for all of the bills, so it costs the four roommates in the apartment $2500 a month.
>Parking Lot:
As explained in the previous post.

So in total, conservatively, that is about $41,500 monthly. Yes it sounds like a lot but I am saving the VAST majority of that so I can move out of the country as soon as possible.

>Why do multiple types?
They each top out at a certain point, as well as if one of them fails, I have something to fall back on.
>Why souldn't I be acquiring as many rentals as possible?
Well the housing market is pretty high right now, might be good to wait for a lull

>>10218809
Fucking genius

>>10219882
Wow so when did you start all of this various work, when you were like 16-18 years old?

>>10219943
I started POS when I was 16, like the day I had saved up for a car

>>10218409
>>an ATM business with 10 machines at $3/transaction $200max
How the fuck do you start one of those without being a bank?

>>10219882
>It's a shitty text tool that sends you tech articles every morning for $10 a month. From there, I continued to build residual income to where I am now.
>>What is your total passive monthly income after expenses?
Who the fuck buys that type of shit???

>>10219882
damn OP you are fucking killing it. What are your plan for the future ? Do you want to stop at some point ? Or are you going to keep getting richer and richer ?

>>10218809
Are you Jewish?

>>10219988
that isn't a joke either. my first car was a 2000 camry that I saved for by working at a summer camp washing dishes for a summer as well as working at Publix. I was also very into Youtube subnetworks back then as well

>>10220058
I'm white. I don't want to get to specific but I was born in Africa(not SA) but emigrated to the US when I was very little. And yes I'm white.

Both of my parents and my stepfather are all entrepreneurs in their own right - my mother runs a PR agency, my dad is a sportscaster and owns his own show/does freelance voiceovers and such, and my stepfather is an independent military contractor, so running my own business and providing for myself was taught at a very young age.

This, however, is pretty common among rhodesian families, especially in the diaspora. We all have a very strong sense of self and personal development. I spend most of my time working out and reading when not working on business because I've always been overweight and I'm finally working to fix that.

>>10219988
OP what inspired you or what initialized the process of you beginning to establish passive income streams at AGE 16...And actually succeed at doing it. Are you just basically an autist who was always more intelligent and forward thinking than your peers? 145 IQ and hard working and patient and persistent?

I am going to be raking in at least 3500 a month from my job now, I am 21, I am hoping that in the next 6 years I too could develop what you have...

>>10218409
>>10218706
>>10218809
>>10218719
>>10219514

That's probably the most interesting thread I've seen in 4chan. Saving it all. Danke OP.

>>10220132
Go for it. I'm gonna post this exact OP at least once or twice a week to help you guys out.

I might be in a pretty good spot but remember you're here forever

Good thread

>>10220151
How the fuck do you make 6k a month from 10 ATMs?

>>10220191
All of them are in the following locations:
>Nightclubs
>Bars
>Smoke shops
>Parking lots or garages
All of these are high traffic, cash businesses that require people to pay in cash or are generally paid in cash. 75-100tx a day at $3 each nets 300 a day from each ATM, minus revenue share from the existing business will net that much easily after expenses.

>>10220242
Also as for the parking garages, I have a really good connection with the people at the School of Entrepreneurship(yes, my college offers that as a degree and I highly considered getting one before I dropped out). I used that connection to get two machines actually on campus.

>>10220242
Do you pay people to service them

>>10220277
Yep. I employ my good friends.I hate seeing them in shit jobs so I do my best to help them out

>>10220242
How the fuck do you purshase an ATM?
I have well over a million dollars in capital, but half the shit you've mentioned just seem unrealistic to me.

>>10220308
>How the fuck do you purshase an ATM?
directly from hysung or genmega, all of mine are hyosung

>>10218409
mate what content do you recommend reading/watching? Any other good forums out there? thanks in advance and for all the content you've already provided.

>>10219882

Why would you want to move out of the country with the best economic environment and security on Earth ?

IThanks for the valuable thread

>>10219882
Why do you want to move out of the country?

>>10218409
Bunp

OP you are doing it right and this has really motivated me

I currently have a few websites that get decent traffic via SEO. My main one is a health blog that gets around 2000 users a day from the US, Canada and other developed countries

I monetise the site with private labelled products but the conversion rate is terrible. It’s so bad that I have lost motivation to grow the traffic any further. Do you know any better ways to monetise a site?

I am thinking of starting an SEO business like your digital marketing thing when I get back because SEO is the one thing I do actually know. I have actual examples of sites I’ve created that rank highly on google so I’m going to lead with these in my sales pitch. OP, how do you get clients for your digital marketing business?

Thanks for the useful thread everyone

Pic unrelated

>>10220325
>>10220375
High taxes plus I'm not from here

With the money I'm making I could singlehandedly fund an election campaign and take over the country I come from, and set it right for once

ten years ago we were literally printing these and its still a shithole thanks to 38 years of marxist rule by completely brainded communist monkeys

>>10218409
bumppppppp hard

>>10218706
Any reccomendation for single parking places in urban areas or are you only looking into Mass areas?

>>10219882
What's your strategy to decide where you need / want to place an ATM?

>>10220394
You're white.

Hate to break it to you but you're never getting Africans to vote for de whyte devil

>>10220419
give them everything they want and convince them you're the only one to give it to them and you can.

>>10218409

App developer + Shopify drop shipper checking in since /biz/ sucks donkey dick these days, need to support these threads. I don't code and 99% of the biz is outsourced/automated. AMA.

>subscription based SaaS products, two of them with a third well on the way

Any more info on this? Are you on a platform or app store or is it self hosted website? Broad niche you're in (just wondering which vertical).

>an ATM business with 10 machines at $3/transaction $200max
How do I get started doing this?

>A parking lot near my university(extremely high revenue but also my highest expenses)
How do you do this? Is it one of those ticket based things? Do you need certain permits, etc?

>>10219882
OP, could you give us a timeline? What businesses did you start in order? How much were the investments up front and ongoing in each one? Are you a blogger/podcaster, because you could just make this into a tell-all blog post/podcast series or book probably.

Also, what mastermind groups are you into (if any)? Indie Hackers, microconf, etc...

>>10220419
Who said I was running? I still have dozens of black(and white) family friends in high places across the country

>>10220320
How are you convincing banks to sponsor you for the ATM?

Can you expand a little bit on:
>digital advertising
>automated sites
I am literally a complete brainlet when it comes to web development so I don't know how to do any of this or how to delegate it

>>10220444
Banks don't have to sponsor you. It's my own cash

How the fuck do I buy an ATM?

>>10220487
see>>10220320

>>10220493
>>10220453
You're being obtuse m8.
You can't just buy an ATM and stick it anywhere.
You sure as hell can't do that in the UK and you need to be sponsored by a bank.

>>10220394

Hm, Africa could be indeed a interesting choice of even more economic opportunities for a business savvy guy like you.

Though I would recommend you stay away from direct political action.

Better control some local politicians as shadow financier.

>>10220504
Oh I didn't know you were in the UK. I'm not sure of the laws there but in the US you can set one up anywhere assuming the property owner is alright with it

>>10218409

Half of those aren't passive though. I mean, I'm a freelance software guy, I assure you it's as far from passive as one could get. Nice list of home businesses anyway.

>>10220550
Well the ones that aren't passive per se are still "online" which is what I was trying to convey with that

>>10220437
>What businesses did you start in order:

It went like this:
>started with working at publix/servicing POS terminals from 15 to 17 - until I was 16 my parents drove me to and from work and that was terrible
>At 16, started a youtube subnetwork which was my first real business. That allowed me to pour cash into learning how to code and market myself
>First SaaS product went live in december of 2015 and did terrible, but it earned me amazing money for my age that nobody I knew was able to do
>Used that cash to start digital media agency where I really just did web development
>Got extremely tired of prospecting leads myself, so I built software that does it for me
>That software is now my highest earning SaaS product and is still my best source of income, which was launched in mid 2017
>At this point started college as well as my atm business
>Fast forward to the end of my sophomore year this May, dropped out and went in on a parking lot business with two others
>here we are

>>10220717
oh and the affiliate sites which earn me next to nothing but still exist came after my first saas product at the same time I was doing digital media

>>10220602
If someone who is totally clueless about anything related to finance and business asked you to explain him how he can also reach the same level of knowledge that you have, how would you answer? Asking for a friend of course. A friend who's really close to end it all because he's tired of feeling confused, frustrated and desperate every day of his life, always waking up tired as fuck, having no energy and no willpower left to go on. I'd really like to help him.

>>10220325
>Why would you want to move out of the country with the best economic environment and security on Earth ?

Uh, I have news for you Amerimutt/americuck...

>2018
>being this brainwashed

>>10220151
Please do, this board needs to improve. /smg/ is basically the only good thread, everything else is shilling and spamming crypto shit. I guess most of it is memes, but it'd be nice if the memes were at least about something less mindnumbing like the markets or starting and failing shitty little businesses.

>>10220717
>prospecting leads
what does that mean?

>>10220763
By doing years and years worth of research. This doesnt happen or appear overnight

>>10220411
>Any reccomendation for single parking places in urban areas or are you only looking into Mass areas?

University is pretty genius rent-seeking. The uni I went to in a major metropolitan area is starved of parking, people rove the lots relentlessly. I'm sort of shocked the owner of the mdconalds across the street doesn't just demolish it and build a lot.

>>10220772
Going through google or yelp and physically finding businesses that need your services, based on a niche. It's terribly ineffcient work that I've reduced time-wise by 99%

>>10220777
>This doesn't happen or appear overnight
That was pretty clear. Any tips on what kind of basic stuff does he have to learn first? Maybe a book that covers most of the basics?

>>10220786
fuck that does sound a lot like what me and everyone else was doing in our business service. is your app based on deep learning? How does it work? I'm honestly asking because I see a huge market for my professional niche. Sorry I'm not being specific about what market it is, exactly, but you know how it is!

>>10220386
I'll buy it from you

>>10218409
>>P2P Lending

I never understood that. Why not buy bonds? Seems far safer.

>>10220772
Marketing, generating business, finding new clients.

>>10218666
t. Satan

>>10220823
>>10220786
I've interned in a job that required a shitload of that specific work. Because it lives off of public funding they're not expected to be too expedient or effective, but I could seriously see an app like that just killing it in the field.

>>10218409
i've got the biggest passive gains from getting into GOOD ICO's early and as heavy as possible. my next 1000x-er is https://www.theaccountingblockchain.io/?aId=7543845-2892534 get in or get left in my dust!

>>10218409
>Some Investment Required($1k-10k)
>>ATMs
>>POS Systems
are we takling about skimming here bro

>SaaS
godspeed

>>10218839
>>Social Media Marketing
>>Digital Media or Marketing of any kind
im an intern in digital marketing at a small company doing their bullshit. what do i need to do and how do i do it. i wanna be you.

>>10218839
also what are some companies to look for. the company pays some schmuck in boston to do the google adwords and they wont let me have access, how do i become sem/ppc expert asap??

>>10220811
How much?

I listed it on flippa at the beginning of the year and got an offer of $20k but turned it down

>>10220717
Man you are the dictionary definition of Hustle. I am just a boring wageslave because I can't find it within myself.

What drives you so hard, is it simply just fun for you? Can I become like you or is it adderall?

>>10220873
$20k based on what earnings/month? Hard to tell if that's good or bad without more info.

>>10220888
>Can I become like you or is it adderall?
Funny you say that, I've been an adderall since I was 15 for ADHD.
>>10220858
>skimming
No.

>>10220846
who dis

>>10220940
How do you come up with the pricing for SaaS stuff?

This is one of the best threads on biz in a while, thank you OP.

I'm a software engineer who just quit his job to live off crypto earnings as I build up passive income streams like you. Tips on getting into the SaaS world? I can pretty much code anything if I set my mind to it.

What about 24/7 gyms lads?
>Only have to be there when people want to sign a new contract and hand out cards
>Offer someone free membership in exchange that they clean the gym once every week

>>10220967
Literally just ask people what they would pay for it, and then charge 80% of whatever the average is.

For the basic level of the lead gen + email software, the tiers go like this:

>$15 a month
No lead gen, just emails that can be sent out via input of a csv file full of contacts

>$30 a month
email automation + access to hundreds of email templates

>$50 a month
lead gen, automation, and templates

>$100 a month
lead gen, automation, templates, and analytics

>$150 a month
lead gen, automation, templates, analytics, and access to a telegram powered chat with other entrepreneurs that are using the software as well as a forum

>"enterprise level"
top level software that's been whitelabeled for agencies

>>10221001
Highly saturated market

>>10218409
I am saving this thread locally on my computer for future reference. I told myself once I get a job I will invest in crypto but shit is looking pretty bleak for the past four months (got my job in April). Now I know where I can invest my money. Thank you OP for this golden stuff.

>>10220888
I feel like it can seem trite because of how repetitive so many business books are in saying these kinds of things, but just remember to always be developing yourself and developing seeds. You should attempt to follow through on something, even if it fails, to try to get a feel for what is involved in getting through a project. If you have no money saved, I'd suggest you start trying to build a blog, a youtube channel, a review site, or something like it, and try to find ways to expand your audience. Then monetize it. Maybe it doesn't get you much money at all, but at least you aren't losing money, and the "failure" of not achieving your highest goals will still be a learning experience in developing something.

Alongside that you should save and try to find other, riskier ventures to put your capital to. Keep developing your own skills too. Obviously one of the most lucrative for people with no qualifications is coding, since it gives you access to the whole infrastructure of the internet to sell a product or service you can create, generally with nothing but a laptop.

we need more threads like this on /biz/ or another board. I graduated with a degree in marketing and am working a wagecuck job to send email campaigns, adjust simple ppc bids, and post on social media for 45k a year for a small ass company. i need to use my skills for something better since crypto is sideways right now. i wanna make it boys im already 22.

how do I save this thread? reading from home, want to open tomorrow on pc
can anyone archive it pls?

>>10221018
Awesome thanks man. Any advice on how to find a niche that's thirsty for a SaaS product? i.e. how are you finding more areas to build products for?

>>10221001
how do you pay for the equipment tho? and the specialized "trainers"? well, the latter should be cheap because students are willing to be paid like shit but still.

>>10221100
NEVER go looking for a niche, find a niche that just has shitty software. That;s what I've done

>>10221120
Good idea I'll try this. How do you market it and get exposure? Influencers, paid blog posts or anything?

>>10221058
>>10221084
I'll literally repost it every day and make an entrepreneurship general if you'd like

I literally don't have much else better to do

>>10221020
True but in my small town of 5k people there can still be 3 successful gyms.
>>10221102
>how do you pay for the equipment tho?
You need money.
>and the specialized "trainers"?
You don't need any, with 24/7 gyms there will be huge guys selling their routines to newbies, and people will always correct your form for free.

>>10221133
>How do you market it and get exposure? Influencers, paid blog posts or anything?
Affiliates get 40% of every sale they make in perpetuity

>>10218409
Thank you for this thread

>>10219514
How much rev/profit do you make with a single ATM at that location. With the 70% share

>>10221147
Ok got it, awesome. BTW what did you mean exactly by "Digital Media" here >>10219882?

>>10218946
literally this^

>>10219539
Kike detected..... ugghh, nevermind.

What software are you using to handle subscriptions and paying out your affiliates?

>>10219857
Pretty sure this guy sucks Gary Vees dick

>>10218706
>My expenses so far have been

>not listing:
>interest expense on the mortgage
>insurance
>property tax

Into the trash you go.

>>10218473
>>10218601
>>10218409


I saved, thanks bro.

One of the best threads in recent time. OP based af.

Personally I am going to make an online course in a niche that I know a lot about. Any tips about general structure of courses, what sites to put it on and most importantly how to market it, get people to it?

>>10221191
Disgusting. I'm rhodesian - the most industrious people on the planet

>>10221222
of fucking course there's property tax and insurance. Why would I list interest as an expense if I already listed repaying said mortgage as part of the debt?

>>10220394
rhodesians never die. OP is motivated by his fallen white brethren, rather than profits. Truly a tale of proporations such as the Count of Monte Cristo

So you buy the ATM for like 2k but you also have to fill it with like 5k worth of cash right?

>>10221244
the most important part is to get things across concisely but then unload a huge amount of reading material at the end of each segment. That way, the client thinks this:
>"Hmmm, I really learned a lot from just hearing him talk, I'm loving this course as it's easy to understand!"
and paradoxically (not not apparently so)
>shit, this is actually more complicated and there's more to the subject than I thought... I'm doubly thankful for this course!

>>10221261
>of fucking course there's property tax and insurance
Which are expense that you failed to list.
>Why would I list interest as an expense
Um, maybe because GAAP.
>already listed repaying said mortgage as part of the debt
You do know that interest and debt repayment are different things, right?

LARP confirmed. Abandon thread.

>>10220394
>Nigger's biggest accomplishment and pride of the nation is actually a bunch of rocks piled up on one another.
>They're literally just an accident of nature.

>>10221322
>Literal posts on 4chan must follow GAAP
What kind of freshman accounting major bullshit is this shit the fuck up faggot

>>10221333
well it was us who made most of the accomplishments in that land
>>10221322
Yes I'm well aware - One of the other investors is a certified accountant and handles all of the expenses for the venture where I'm actually running day-to-day operations.

>>10221369
>that image
pitty that communism fucking took over Africa and now blacks (and the freaking world at large) looks at all of that in a completely warped view where whites were literally hitler.

>>10221358
You retarded, brah? The LARPer straight up claimed that interest on a mortgage isn't an expense. Whether you follow GAAP, cash accounting, or just use simple common sense -- anyone with half a brain should know that's wrong.

Get your head out of your ass.

>>10221369
>One of the other investors is a certified accountant and handles all of the expenses for the venture where I'm actually running day-to-day operations
So the other guy actually owns the parking lot, and you sit in the hot sun all day and collect money from the people parking. Gotcha.

>>10221139
thanks based bush bro. i sit on biz all day and trade wojaks with my seemingly useless marketing degree. I need to get involved in real entrepreneurial shit before i become a 30 yo. boomer. where should i start. i have limited skills but can make things look good.

Any idea of how I could make money translating freelance ?
I speak French, English and Italian, I tried Fiverr but ther is too much offer, and upwork refused me.

>>10221391
You're an idiot. Not once did I claim that debt and interest are the same thing, it's obviously not. Do I have to explain it to you so I can "earn your trust" or whatever? I don't plan to but if you must, here's a pretty good video about personal debt:

https://www.youtube.com/watch?v=jtgnRJKSJlw

>>10221422
Oh absolutely, translation is a great way to earn money but it's hardly passive.

>>10221391
In NORMAL SPEECH "repaying a mortgage" means repaying a single total amount back to a bank which is the total of principal + interest.

"My mortgage is $600" means my principal is $500 and my interest is $100 or whatever.

Nobody fucking itemizes it out just to satisfy some accounting autist faggot who thinks his B+ in financial accounting at ABCshit University makes him a businessman.

Shut the fuck up.

>>10219154

You're 100% right. Dividends are the best form of income that is truly 100% passive. However, you need substantial capital to invest in order to receive any sort of meaningful dividends back and I would recommend having them reinvested until you can build your positions up to that level. You have a really good list there though anon. I have been thinking of writing an ebook and also doing some affiliate stuff. Really just need to start diving into it but my time is so limited. I do sell a decent amount on ebay on top of my wagecucking, but it's daily work in terms of listing and shipping. I also agree with the other autists here that we need these types of thread more often

>>10221426
any other YT channel / forum / blog you can think of like this one?

thanks in advance

>>10218409
How is a parking lot your biggest expense? Also a few questions on your ATM's. I have 2 locations I could put them.

where do you buy them?
is there a lot of maintenance involved?
Do you use a third party processor that comes and fills the atms or do you fill them yourself?

>>10221593
>where do you buy them?
http://atmequipment.com/
>is there a lot of maintenance involved?
Little to none. They rarely break and when they do, fixes are almost always covered in the manuals. One time after a game last year someone tried to throw the entire machine and I had to get a new one, but I have insurance on it and they didn't get any of the money, so it was alright.
>Do you use a third party processor that comes and fills the atms or do you fill them yourself?
I explained this earlier but I have been mainly filling them, but two months ago I hired to close friends to do it instead.

>>10221433
you're not really giving me any help...
sorry if it's borderline offtopic but nowadays Biz is mainly crypto
and desu when you're a native speaker translationg is almost instantaneous

>>10218809
We are hitting jewing levels that shouldnt even be possible

>>10221426
>posts video about personal debt management to prove his specious claims about having entrepreneurial finance experience
Back into the trash you go, LARPer.

>Not once did I claim that debt and interest are the same thing
When I pointed out the omission of interest expense, you replied, "I already listed repaying said mortgage as part of the debt." Interest and repayment of the underlying debt are not the same thing. So yes, you did claim that debt and interest are the same thing, or (more likely) you are so ignorant that you didn't know the difference until I pointed it out to you.

>>10218821
Can you elaborate a bit more? I'm interested in this. Teaching myself full stack right now.

>>10221451
>In NORMAL SPEECH "repaying a mortgage" means repaying a single total amount
A. This is wrong. Not even residential mortgages are configured this way, especially since the amount you pay a bank each month can include things other than principal and interest.

B. This wasn't "normal speech" -- it was a discussion of the expenses associated with an entrepreneurial enterprise. Only a child would fail to include interest as an expense, and only an ignoramus would list principal repayment as an expense.

>>10218409
parking garage 10k?
kek

OP,

I'm attempting to get into digital media marketing right now. Do you have any tips for some one who hasn't even yet posted an Ad? I'm bolstering my knowledge before I implement and optimize.

>>10221696
bruv, interest and mortgages payments aren't esoteric knowledge. Do you think it likely OP would even be aware of something like P2P lending or arbitrage without knowing what an interest payment on a debt is? He also did list property tax as an expense here:
>>10218809

I don't know why you feel the desire to FUD one of the few business related threads that crosses this board.

>>10221696
Faggot autist so jealous of success he has to find any detail to refute any advise said successful person is giving
> being this insecure and beta
> never gonna make it

Hey OP how viable is Digital Marketing for someone who lives in Europe and has an above average economy understanding?

>>10221779
And also an average Programming understanding

>>10221147
What's the best way to recruit affiliates?

How do we save posts like this ?

>>10221860
archive it ?
done
http://archive.is/aY5ys

>>10220394
You’re from Zimbabwe? Oh no no no

>>10221716
>are configured
nobody is talking about how BANKS "configure" mortgages you dense dipshit

>>10219363
what were you selling?

>>10221740
>I don't know why you feel the desire to FUD one of the few business related threads that crosses this board
It's simple, really. The glaring, basic mistakes ad omissions made by OP only leave two possible conclusions:

1. OP is a novice entrepreneur or (more likely) a beginning student taking a business class and is giving incorrect, incomplete, and misleading advice.

or

2. OP is a parking lot attendant at his uncle's business and is enjoying a LARP.

Either way, people deserve to know ho their getting their advice from. Caveat emptor.

I understand that some people are thirsty for non-crypto discussion on this board -- so much so that they toss critical thinking and reason out the window whenever threads like this appear. But just because someone starts a thread about business advice doesn't mean we should lower our standards about what constitutes *good* business advice. Just because someone serves you shit on a plate with utensils doesn't mean you should chow down.

>>10220377
sauce/name?

>>10221938
There hasn't been a single glaring mistake except yours in thinking this was some fucking accounting class where everyone speaks in contractual legalisms.

>>10221938
What's it like being this retarded?

>>10221740
Well, in fact he didnt say anything..new? What he says is pretty obvious and doesnt help with anything by making u jaleous what further makes u kind of motivated? Im guessing his reason of doing so is to pump ego and motivate u a bit during the process...

good on you for grinding but literally just learn TA and trade btc. making 3k daily on average for a while now

>>10221997
>What he says is pretty obvious and doesnt help with anything by making u jaleous what further makes u kind of motivated? Im guessing his reason of doing so is to pump ego and motivate u a bit during the process...

Get the fuck off the internet you brain dead troglodyte.

>>10221979
No, he is totally right. This guy just said some business ideas but nothing...conrete? I cant explain it but its like he was copy-pasting it from some business newspapper.

>>10222008
Lol, pathetic cunt, he aims for people like u: charlie losers thinking that reading some fairy tales on the internet image board gonna make them free and reach. Lulz

>>10220940
Damn. I wonder if I am so underachieving because of undiagnosed ADHD, I was home schooled and never really acted out per se just did my high school at a nice clip 4.0GPA but never did AP so never got much props and I just faded in college 3.1GPA, didn't really care just wanted a degree.

>>10221025
Thank you for that post I think I just need to go out and do something, digital marketing seems like my niche. I should finally just learn Google AdWords and start learning SEM and stuff.

>>10222032
See >>10220434 then check IDs and realize you're a fucking retard who should be euthanized.

>>10222007
No offense but if you are trading with like 200K any jerkoff can make 3K daily, stop trying to crypto this thread out, you guys almost permanently destroyed all stock market talk on biz and now you want to destroy entrepreneurial talk too, fuck that.

What a great thread. Saved for eternity

>>10220151
wowo i appreciate this anon. im barely 16 i want to start making some passive income. but most thinsg need an id to show im older than 18? did you ever face this problem?

>>10222071
I didn't say it was impressive and he did list day trading in the sources of income. pls don't get so angry because 1% gains don't satisfy biz

>>10221716
Nobody cares you autistic cumstain, lol

>>10221666
I have about $5k right now, can I start the ATM business? Also I would need insurance and to contact a bank right?

>>10221938
This is why you don't have friends in real life.

>>10221139
FUCK YES /entrepreneurship general

>>10222161
base in US too so idk if that helps with my question

This thread makes me want to buy the lot I've been eyeing for a good half a year now and turn it into a parking lot just to have a bit of passive but sheeeeeit investing is expensive.

>>10222222

i'm heading outto a jobsite, OP
i'm bookmarking this thread, if you could kindly drop a burner e-mail to reach you later once i read the archive tonight.
we share a similar mindset.

>>10222071
and why don't you do it if any jerkoff can? LOL wage slave

>>10221938
You don't believe that OP is making $41K+/month?

This seems totally plausible. Care to explain yourself, hater?

>>10221779
>>10221788
For someone with even the slightest knowledge of economics, sales, and tech, marketing is probably the easiest career to go into. For example, with digital marketing you can:
>start with selling a simple wordpress website to a local business for $1500
>then upsell SEO for $500-$1000 a month
>then upsell hosting and "website maintenance" for another couple hundred monthly
>upsell them for social media marketing for another $1000 a month, thus turning a $1500 one-time payment into a long-term business relationship. Just one low-value client can get you out of a rut or a shitty job, which you can then replicate and scale and outsource over and over and over.

>>10221793
Finding the most popular people in a given niche and simply emailing them. I plan to make an "influencer search" for my lead generator as soon as I can figure out a viable way to find them.

>>10221913
Yes, unfortunately.

>>10222050
>Damn. I wonder if I am so underachieving because of undiagnosed ADHD
You can quite easily be diagnosed for it. Trust me, there's probably a doctor in your city who's willing to do it.
>>10222161
>I'm 16
MODS
>>10222199
Maybe wait a bit and save some more. A new Hyosung Nautilus will cost you several thousand, and you'll need to also have several thousand stocked in the machine between refills.

This course usually costs about $500 when its being sold but I've got it on a dropbox - the guy who teaches it is an asshat but it helped me get the basics in a pretty simple manner:

dropbox / sh/xsft6v7gr9a3rdg/AACRnUen0TpcH5cwnCYP58sta?dl=0
>>10222213
Consider it done

>>10222257
Good to hear from you anon

>>10222342
God that sounds like so much when I'm not actually looking at it. It is a lot but you have to realize that most of that is going immediately back into paying what debt I accumulated in two years of college as well as the vast majority being saved for future purposes. I still live way, way below my means.

>>10222468
All of that said, would you guys be interested in an entrepreneurship general?

If so, when should I post it and what should I put in the OP?

>>10222480
you should tripfag and make it entrepreneurship general

>>10222523
I've always hated the idea of tripfagging but I guess in this sense it would be a good idea

I hate how everyone on this board is stuck in crypto when there are literally thousands of ways you could be using that money to work for you

>>10222342
Why is it so important to you fags that I believe OP? I've stated in multiple posts all the reasons why I strongly suspect this is a LARP, but you kids are so intent on grasping for straws that you happily gobble all the bullshit placed in front of you.

Let's start with the fact that not a single shred of proof has been provided. Nothing that would corroborate OP's claims of business ownership, entrepreneurial experience, income or wealth. Zero, nada. But we're supposed to accept on face value that OP makes half a million annually? If you accept this claim -- without a shred of proof -- it says a lot more about you than my skepticism says about me.

Next is the fact that OP can't even articulate basic business or finance concepts with making mistakes, confusing his terms, or providing concrete advice. Not to mention, whenever pressed to provide actual details of his undertakings, we get nothing but cut-and-pasted soundbites and youtube clips from other people (often not even on topic).

>hater
And there's the rub. If all this faggot did was start another "I'm rich - look at me" thread, then I'd happily ignore him along with the thousands of other LARP threads that routinely disgrace this board. But this faggot is actually claiming to give advice -- bad advice, in fact. Incomplete, inaccurate, and potentially harmful advice. Pointing out these facts doesn't make me a hater.

So that's that. I'll leave the thread to OP to continue his role-playing, and any of you who choose to continue playing court jester can also have a nice time.

But just know that there isn't a *shred* of actual business advice contained in this thread.

>>10222604
>reddit spacing
>has literal larp image ready to go
>le fedora tipping faggotry skepticism indicative of a true intellectual and gentleman

A room full of Jews couldn't write a character as gloriously pathetic as you. Impressed desu.

>>10222007
How much do you trade with?

>>10219680
Elecronics or anything that might require service or support is a pain in the ass.

>>10220504
You need a loicense for that in the UK? Shocking.

God bless American freedom

>>10220846

Name or Sauce?!

Pls anon!

>>10221244
>Any tips about general structure of courses, what sites to put it on and most importantly how to market it, get people to it?
Save all info until the very end.
Teachable is a good place to put your course.

>>10222716
would also like to know

>>10218409
How do you find places that’ll let you put your ATMs there? Pay a % cut? Do you buy/rent small areas?

>>10222604
I think you are a larp hating faggot who didn't throw any advice or idea out there. Just wasted time criticising OP. Leave something or gtfo

how much time do you spend doing this stuff? is it really worth it? is it really passive? do you have any time left for learning, hobbies and/or doing personal projects?

>>10223025
>How do you find places that’ll let you put your ATMs there?
Since they're all in the same city, they're places that I've personally scouted, save for one where the business owner actually approached me.

I pay the owner one of two cuts: If they purchase the ATM, then 60% until double the price of the machine is paid and then 30% afterwards, or just outright 30% if I have to purchase.

>>10219363
>>>/pol/ you incel loser that was an extremely racist post.

>>10223240
No it wasn't, and he's right - the vendors that operate out of china aren't exactly the most reliable people.

>>10218809
What type of down-payment is required for a commercial property like this?

>>10218946
Me and my buddy are planning to open up a cricket farm

>>10223267
>judging a whole continent because of what a view people do

Stop lying you delusional racist piece of shit. kys.

>>10223296
lmao imagine being this mad at the real world

>>10223240
The only reason you say that is because you haven't dealt with it yourself. Chinese vendors are a pain in the ass, try them yourself with your own cash and them come back.

>>10223240
go visit >>>/g/csg and ask them to share their experiences with chinese sellers...

How do you convince business owners to allow your atms in their stores?

>>10219514
how does the ATM business work? do you buy brand new machines, outright in full? what's the approximate cost? or are you essentially leasing them from a financial institute or something?

>>10218409
Daytrading is NOT passive income.

>>10223486
see> >10220320

>>10223214
just curious. If the business owner buys the atm, why do they need you?

>>10220051
i used to think the same thing "who the fuck buys this", but realized that just because I personally would never buy something doesn't mean no one will.

I mean there are rich arabs who pay $100k for sex, or fat autists who buy furry costumes, guys who donate $5k/month to Twitch streamer thots, it goes on and on, money flowing all over the place in unimaginable ways. All you need is a tiny fraction of the pie and you can make a nice income stream. Some retarded app that you might think "no one would ever buy" and yet if like 200 people on Earth decide to pay a monthly subscription on it, you're making like $3000/month or some shit

>>10223499
Great point. I would like to hear OP's answer. Im guessing you have the experience in the ATM biz they dont. You also know how to upkeep it if any issues arise.

I like this thread OP even if I don't act on any of it I find it interesting

>>10223296
>china
>a whole continent
burger education

>>10223559
>>10223499
They don't - I just MAKE them think they do. I also do all the servicing and upkeep which would cost them money, which I guess just translates as my cut.

>>10222480
Hell yeah you should. Many ideas are not applicable for us here in Europe, but still, the best thread in this entire board (/biz/).

Will happily follow it and save it. God bless.

This thread is massive and has been derailed, OP make a new one if you’re still here

Also OP, since crypto is huge here (and will only get bigger in the future) what do you think about starting a crypto business? There’s so much shit you can do. Marketing is huge in the business and so is development. You can have an ICO and raise a million dollars without much more than a cool team and whitepaper.

>>10223811
You can also start a business that creates blockchains/smart contracts for companies. I’m sure there’s some automation SaaS that can be created and sold too. The industry is just too big to ignore it

>>10223811
those ico goldrushes are gone i think.
no ones ready to get burned on an ico anymore.

but the rest of your post is good. its a billion dollar market.

>>10223764
Well feel free to add some ideas that might work over there. I've only been to europe once so I wouldn't be the best to ask

>>10223811
>You can have an ICO and raise a million dollars without much more than a cool team and whitepaper

if half of what OP has said is true then he sounds like an actual entrepreneur who wants to create real businesses with long term potential. Creating some shit ICO "without much more than a cool team and whitepaper" would just tarnish his business reputation and open him up to legal trouble.

>>10223811
Let's please make this thread a Crypto-free.

There are thousands of crypto threads into the board, if you want to discuss it, do it there.

So sick of Crypto crap all over.

I shit on people's driveways at 4 AM then advertise my sanitation business' services. I go into the suburbs and find a nice few bunch of houses close to each other then I drop my pants after eating a tonne of fibre the day before and drop some shit onto the first driveway. I close my sphincter every 3-4 centimetres of movement and hobble to the next driveway to drop the next nugget and so on until my poop log has finished. I usually manage to soil about 8-10 driveways in a night taking around 30 minutes from arrival to exit of the area. After I have laid the poops I stick up posters and flyers advertising my business which specialises in driveway cleaning of pet mess.

I charge $20 for a removal. I make around $160 a day by pooping on people's driveways.

>>10223836
You can create a long-term business that caters to the cryptocurrency industry without being open to legal trouble. Maybe an ICO isn’t the right way to go about doing it (unless your product is blockchain-based) but you’d be stupid to ignore a 200-billion dollar market that is just barely budding.

>>10223844
>not paying homeless a dollar to do the night shitting for you

scale it up pleb

Great thread.

OP is business savvy for sure. But after reading through OP’s posts, it seems strong “connections” are at play here. And certain things (ex. ATMs) may not be scalable elsewhere or replicable for other side-hustler. It evokes a strong confirmation bias.

Good posts again. We need more such posts as opposed to crypto shit.

>>10220027
You’ve never seen those atms in gas stations that charge way too fucking much for a transaction? No banks.

>>10221139
I would love an entrepreneurship general very much, and would greatly appreciate it!

>>10223844
Kek’d and check’d

>>10223924
They don't have much sphincter control after years of abusing poppers and doing favours for cash, plus they don't usually eat enough to generate the amount of fecal matter that is required.

>>10218409

I like how /biz/ is slowly turning classic again with these sorts of threads about you know... actual business and finance ideas. Two years from now, we'll laugh at the cryptio idocy we experienced the past 3 years.

>>10218409
bump

university student getting fucked in the ass by expenses, thank you for this

>>10223942
what do you mean with the ATM comment? I mean sure it's not infinitely scalable because it requires a physical location that has sufficient traffic, but as cities develop and new businesses pop up there's always going to be demand, just requires footwork.

I know a guy who makes good passive income from vending machines, he just approached a bunch of companies in an industrial park shortly after it opened and made deals with a bunch of them. He just goes once or twice a week to restock everything and collect the money and makes quite a bit considering the markup on potato chips and candy bars

What about buying and selling niggers? Has anyone tried this? I feel like it’d be a profitable business, as long as you’re buying the big ones. Plus you’d be keeping niggers off the streets, which is good for the crime rate. It seems like a win-win situation and the niche hasn’t been explored for hundreds of years. Thoughts?

>>10224234
mods asleep

>>10224234
>What about buying and selling niggers?
Nah, in Zimbabwe we just employ them for next to nothing.

>>10221938
... and this is why you're a lonely, WHITE mutt incel living with his mom, fapping to hentai while hugging his anime pillow while aruging on an Russian basket weaving forum.

In a forum full of losers, you're the bottom of the barrel. Jesus fuck, look at your fedora collection and single size bed.

Even a pajeet with shit stain underwear and dried feces underneath his finger nails have more social acumen than you, you retarded WHITE autistic nerd.

So instead of trying act smart, shut your FUCKING MOUTH, maybe you'll learn something. Now that I think of it, leave this board and never come back, you fucking worthless incel.

>>10220394
bro, if the jews can't even find it worth while to run zimbabwe's banking system, then it's not even worth trying.

>>10218839
>salary
>passive income
lol

>>10223612
Do you have any contracts you sign? Any form of legal written documents done for this?

>>10221058
Same anon but I'm 19 exactly the same

>>10224823
Ouch. Tell him how you really feel.

Holy shit useful af thread
>to OP or anyone else who wants to collaborate and make one of these passive income thingmajigs
>email: odomroger6@gmail.com

ITT: the exact opposite of passive income

>>10218409
Want to do the ATM thing in the NW USA with me? I have capital and can do all of the daily work myself. Would like your help to get it started. You can have a monthly residual.

>>10224896
Sure, do you want me to send you the site where I get them all from before editing them?

>>10224823
>4 posts by this ID
>all responding to me

>>10222604
haven't paid much attention to the thread, but...
income != profit
also, you need a lot of money for the kind of businesses OP is supposedly doing, so that level of income is not terribly much

This is a great post. I've gone down the real estate market (4 houses now) and am not impressed with my returns so I'm looking for what's next

>>10220864
>>10220871

Usually interns start in SEO or do random social media related tasks. Although it drives business organically, your not held nearly as accountable if it doesn't.

You absolutely must find a way to move into SEM because then you are in charge of money and using money to directly drive in more business and your ROI and conversion rates are all that matters at the end of the day. People like to talk about other KPIs like bounce rates, CTR, etc... but honestly only two things matter and that is ROI and Conversions. Everything else is a distraction typically consultants use to hide their poor performance. Spend less dollars make more dollars. Thats the name of the game.

Learn R, Python and Javascript (HTML & CSS too but less important)

Integrate R into Adwords / Analytics as your statistical analysis tool.

Use Java for bidscripts in adwords - i have scripts that automatically tone down cost at less profitable times - it uses backend data of search traffic patterns vs CTR vs Conversion for the last 5 years to accurately optimize down to the penny - you will need some knowledge of google sheets for this

Analytics APIs will use Python / Report Queries

SEM is all about advertising efficiently and it is where the money is. But it is also where the stress is. The marketing world is heavily shifting to "data driven marketing" / "big data marketing" and its the reason you see so many boomer marketers that can't find a job with 25-40 years experience.

If you can afford it, take these 2 classes from Cornell. They are 100% online but extremely invaluable. Mind you they are a bit expensive:

https://www.ecornell.com/certificates/marketing/data-driven-marketing/
https://www.ecornell.com/certificates/data-science/data-analytics-360/

As for companies... B2C companies are always better for SEM because their reach on the web tends to be wider creating higher demand for SEM. I used to work at Priceline and managed 150 Million keyword campaign.

I have a Japanese gf and sell her underwear online to incels. I make around 2k a month right now. The best part of it is I’m actually just wearing the panties as I wagecuck cuck and I only take a photo of her holding them with a sign of the persons name to ship with the package. It’s 100% passive and makes me decent cash.

>>10218409
OP, thank you for this. I wish I had a pal like you in my life.

>>10225179
And I'm 100% serious. I'm in a city that is booming with new business and population.

Pls respond....

>>10224859

If only there was some kind of deflationary currency possible to access electronically, along with a full system of something called "smart contracts" which allow for the control of said capital, all tamper resistant. Could even have a decentralised method of accessing data feeds from various other sources to act as "Oracles"......I dunno, hear of anything like that anon? Seems like something /biz/ would like to know about.

>>10225505
>It’s 100% passive
One day you guys will learn what passive means.

>>10225525
You have many fren.

>>10222716
>>10222968
bitmex, atleast 100k contracts (contract = usd) usually 200-300k on swings and 100k on scalps

>>10225551
Sometimes they're right under our noses

It's better to mentor each other than tear each other down

>>10225564
Cool. I hope to try to bitmex some money back to have capital to start a passive income venture.

Problem with learning TA is most YouTube traders are shit, and the OK ones won't teach you shit unless you pay to join their little telegram group

>>10225605
if you've never traded btc, start with paper trading and then transition to low leverage low risk positions.

>>10222604

I'm not sure why you're so impressed by a half a mil. I make a quarter mil just off my freelancing business, and another 100k or so off various schemes like OP is discussing (affiliate sites and whatnot), it's not even that much money these days. I'll be hoping to get to the same level in the next couple of years. Damn, father in law makes 4k per month off kindle books as a hobby, and 200k from his day job as a project manager. Why you're all demanding "proof" of a perfectly reasonable claim is just showing the absolute state of /biz/ right now. Not everyone is actually flipping burgers you know.

>>10225622
I have traded, made 5 small profitable trades then 1 bad trade that ate up the profits from those and then some.

I just don't really got the spark to know where price will go in the big swings, but when things are stable, that's a better niche for me. Unfortunately bitmex fees are so high and bots are vicious peers.

>>10225649
resting orders make money from fees, the only time you pay fees is when you execute at market.

>>10225669
and funding, forgot about that

>>10225623
Kindle books about what?

>>10225623
>Why you're all demanding "proof" of a perfectly reasonable claim is just showing the absolute state of /biz/ right now. Not everyone is actually flipping burgers you know.
Prove it. If you weren't so new you'd know that in the history of /biz/ there's been, maybe, three verified cases of wealthy/successful people on the board.

>>10225202
ya that would be great

>>10219555
Its near impossible, coming from a leatherworker myself. Nobody is interested in handmade shit like ours now that people can use craftaids that look like stohlman's own works by just arbor pressing it into the leather. We are a dying breed, and its best we just leave our hobby as a hobby instead of wasting our time and money chasing dreams

Out of all the businesses OP lists (and thank you), which would be most appropriate for someone with only 3k in capital and disabled (aka can't work without losing his livelihood).

>>10225202
what site do you use?

>>10225813
Brandon?

OP-Have been playing with getting regular and bitcoin atm’s but hard time dealing with AML isssues and regulations. Did you deal with any of that and how did you get around it?

>Daytrading
going to attempt this soon. i'm currently reading about the basics of algorithmic trading and developing strategies based on machine learning. the mathematical finance, ML and programming part is the easiest for me since it's my background.

the harder part is the actual how-to when buying/selling, like which website, which markets, and other little tidbits of information that seem harder to find. also trying to come up with an initial investment, since im absolutely poor and living paycheck-to-paycheck. i'd also like to upgrade to a much better computer so i can use more advanced modelling, like neural networks.

everything but the math part is scary. the math is exciting and fun. i hope to have things up and running within a year, that includes backtesting strategies and whatnot which they say do for a minimum of 9 months which gives me lots of time to come up with the others.

any algo / day traders on here with any advice?

>>10225501
How much did you make per year?

>>10226082
Where are you learning all this stuff anon?

>>10218706
>doesn't mention anything about his ROI
This OP is larping. Nobody spends 800k on a property and is so retarded they don't know how to respond to a question about ROI

OP you're a real boomer bro. Thanks for being so transparent with all this info and not paywalling it or vague posting.

>>10226082
>daytrading
lmao, I hope you don't mean with crypto. Any algorithmic daytrading in crypto is a fucking gamble. You're literally betting on the whims of those with more money than you.

>>10226044
bitcoin atm is just getting so difficult since i feel like govt's like US is cracking down on money laundering and acting as a money transmission business. i believe the posted profits and revenues, theres no reason to lie on this anonymous post and when you are lying it's pretty obvious.
anyone got any other ideas for saas or passive income?

>>10226095
learning which? i have a math degree and research experience, so the math/ML came from that. currently, i read articles or blogs about algo trading. started on /r/algotrading and googling, from anything like the very basics (ex: best website to do it on, then googling how to pull data using python from that website, etc) to what models people are using and how (hidden markov models (https://gupea.ub.gu.se/bitstream/2077/44767/1/gupea_2077_44767_1.pdf)), neural networks (https://link.springer.com/chapter/10.1007/978-3-319-93701-4_29)))) which gives me a sense of what people are doing and how.

>>10226239
no, not crypto. i believe in the tech deeply but i don't like how non-liquid it is and how many of the currencies seem like a ponzi scheme right now. way too risky. im looking at stocks, forex or futures.

>>10225501
can you suggest any good books?

>>10223479
just look them in the eye and give firm handshake

Hey mon, can I do the ATM shiet in europe mon?

>>10218473
T. Boomer

>>10218940
But what exactly do you mean with digital marketing? I‘m actually working in an agency focused and that and still have no fucking idea how you guys are making money of it. We sell full inbound-marketing packages to clients. We work on their websites, write blogposts, produce YouTube content, seo, yada yada. Tons of work with HubSpot. I‘m mainly on the graphic design side of things. But what the ich are you guys earning money with? Blogs? Selling products?

Buuump

>>10220394
I bought one of these for $2 on eBay years ago. Look up what they're selling for now.

>>10227027
No - Europe has almost fully transitioned to contactless card payments

Does anyone know if the ATM stuff is possible in Europe, because all the ATM's i ever see in my country are the ones owned by banks.

Also OP, do you hire a security service to fill the ATMs with cash? Everytime I see people filling ATMs it's usually 2 guys with guns and a bullet proof vest, usually a security team.

I'm guessing that kind of service costs quite a bit of money

>>10221938
Imagine being this mad for no reason.

>>10218409
OP you still active? Would be interested in any blog, yt you have about your investments. Kinda desperate to learn about getting started with passive incomes.

>>10222468

how about you share your entire dropbox so i can pirate other courses you have ?

>>10220846
shes cute would GF :3

>>10219329
LMAO.

>>10226094

Ignore my changing IDs. They're all me, traveling between work and home.

I made 160K per year after bonuses
I was on a team of 4. 1 guy did the Hotel business, 1 guy for the rental cars, 1 guy for flights (me) and 1 guy for cruises. We were spending somewhere around $3 billion a year. I'm pretty sure they spend more now.

https://www.tnooz.com/article/priceline-group-3-5-billion-advertising-2016/

I work for Gartner now and focus on Marketing Analytics & Tracking Implementation. I make 1-2% less money now but more vacation time and much much less stress.

>>10226560
Here are all the books I've read. Trust me when I say this, they don't cover everything and when I worked at Priceline I had access to in-house built software that you cannot find anywhere else that made the job much easier.

https://www.amazon.com/Google-Analytics-Breakthrough-Business-Impact-ebook/dp/B01KD8DTVU/ref=sr_1_3?s=digital-text&ie=UTF8&qid=1531315900&sr=1-3&keywords=google+analytics

https://www.amazon.com/Learning-Google-AdWords-Analytics-ebook/dp/B014NHEM2M/ref=sr_1_4?s=digital-text&ie=UTF8&qid=1531315900&sr=1-4&keywords=google+analytics

https://www.amazon.com/Google-Analytics-Understanding-Visitor-Behavior-ebook/dp/B0042FZWGQ/ref=sr_1_5?s=digital-text&ie=UTF8&qid=1531315900&sr=1-5&keywords=google+analytics

https://www.amazon.com/Advanced-Web-Metrics-Google-Analytics-ebook/dp/B007RSUSZ0/ref=sr_1_9?s=digital-text&ie=UTF8&qid=1531315900&sr=1-9&keywords=google+analytics

https://www.amazon.com/Predictive-Analytics-Power-Predict-Click-ebook/dp/B019HR9X4U/ref=sr_1_8?s=digital-text&ie=UTF8&qid=1531316079&sr=1-8&keywords=data+analytics

https://www.amazon.com/Data-Science-Business-Data-Analytic-Thinking-ebook/dp/B00E6EQ3X4/ref=sr_1_4?s=digital-text&ie=UTF8&qid=1531316079&sr=1-4&keywords=data+analytics

https://www.amazon.com/Data-Analytics-Become-Master-ebook/dp/B072JJP11X/ref=sr_1_14?s=digital-text&ie=UTF8&qid=1531316079&sr=1-14&keywords=data+analytics

>>10229327
Thanks, I know a book can't cover everything I am from Europe and I can't access American courses easily if they're online. There are masters her but they cost a ludicrous amount of money for something that seems basic. Do you think one can find a job in this field without a degree or a master anyway?

>>10225501
too poor to buy those or at least debating the return on that.

You are right I just do the former, need to move into SEM asap im getting old. our 3rd party does the exact same thing with the KPIs and dodging the question. I wish I could take that over. I understand you need to use these scripts in adwords but if someone has written them, should i still start from scratch? What are some resources or are the paid cornell courses really the best way for me to get into this deeper?

>>10226285
can i learn this without a math degree?

>>10223479
>>10226598
Unironically this

>>10227483
I know anon, they're going for about $100. Start flipping!

>>10228021
Let me see if I can find some others

>>10229629
Update on the courses:

Iman Ghadzi's 6 Figure SMMA - Really good course, I've worked with him in the past doing freelance/outsource web development
dropbox
sh/nokx54eqcyzbmz1/AAD9v7B40tg1ml-E8JXTP2Jra?dl=0

Sam Ovens Consulting Accelerator - REALLY good for consulting
google drive drive/folders/1L8ABGZeWQquRpAFC6_hgG7o9mUQWogbB

71 Premium Shopify Themes(haven't checked but should still be operational):
google drive drive/folders/1iLodHPUWA4s-5VG8bw7LjrXqnwHEgx4A

Lynda WP Training:
google drive drive/folders/0ByWO0aO1eI_MUUFIbFlVODc5b3M

Lynda SEO: google drive drive/folders/0ByWO0aO1eI_MUDFvcWJ3RVg2NUE

And here's a google sheet with 25 courses in it:

google docs /d/1GsMDWt0JKzabYJmBECDAt0iANNMTgvMxhw1g9VXvesg/edit?usp=sharing

>>10229720
thanks for share, do you also have steam account ?