This little Cash Giveaway is for the best response to the following question in at least 7 Sentences. Winner will be awarded $25 Liberty Reserve. One entry per user. Contest will end August 26th at midnight EST, and winners announced soon after that. Please post your LR account after your short essay:



If you were given $10,000 to start an online business, what kind of business would you start, and why, and how would you use the $10,000 to grow your business and create profits?

If given $10,000 to start an online business, I would start a social networking
site like Facebook combined with the ease of search like google.

Social networking is very attractive with the rising popularity of social
sites across the web. From teens to older people, being able to connect
with your friends and make new connections is what's hot these days.
The success of google and advertising makes perfect sense to combine
the two money makers into an all-in-one website.

Data would be gathered on the members who use the social network side
from their habits and targeted advertising would be displayed to them
to maximize advertising results.

The reason I would create this kind of website business is because
advertising revenue is only projected to increase online.
I would combine this with the expanding popularity of social networking
to create the ultimate user destination.

After initially using the $10,000 to open the website and get things started,
I would attract strategic partners that would help raise capital to expand
and contiue growing the business. I would hire a CEO and CFO through
the capital initially raised and design a plan to make the site one of the
top website destinations online.
After we achieved a level of success, an IPO would for the company
would be initiated. The money raised from the IPO would be used to
coninue growing and expanding global operations and ensure
continued success in all areas. We could also use capital raised
to do acquire other businesses and add them to our business.

If given $10,000 this is what I would try and accomplish if
trying to start an e-business.

Ill start to build an Adulut social ntworking site with complete feature
such as :
profile networking (like myspace)
Online streaming video (like youtube)
Online sex chat (like secretfriends.com)
interactive chat room by using desktop application ( like camfrog)
online auctions site (like ebay) for sex stuff, toys, etc , or even ladies escort services for current region
all can access by using an ID.

sorry for my english

As an teenager, i know that teenagers like much in entertaiment and spend plenty of time on online surfing. Web messenger, yahoo messenger are very famous chating plateform for us.

Because of they willing spent a lot of time to online, and if i get 10k, i will open a karaok website for them to sing song, chit chat whatever.

they are able to sing a song just in front on the computer and thier friends are able to listen and watch on it. The website will like a "sim city" game. An user will create a character and can move around all the places on the website.

To do so, how could i get profit?
Because this is similar with a game. User have and character but how could they make thier character look better and special?
I could set up a virtual eshop for member to purchase thier cloths, shoes...to make themselve look nicer. To purchase any item, they need to buy some credit via us.

This is the online business i may do and don't do any online business that are already have been done by others people...because if want to success in online business, your business must be creative and special.

If i'm been given $10k to start a online business,then i will start a money making forum first.
This is because with a forum,i can do other business too.If i success to build a good forum,then
i will have extra income from the forum as well,may be through the advertising or others income as well.
To start the business,i will firstly find some moderator or super moderator from other top of the money
making forum to help me. I will make a deal with them with percentage income that they can get in the future.
Besides,i will have a contest and make the forum as paid to post(PTP) forum,so can attract more people to join the forum
I will make sure those involve in the hyip will make a profit also by giving a insurans investment.
i think this is all where i will start the online business and make money by advertising.If i have big
and famous forum,i will create other programme as well like real investment, monitoring site and
others online making business.

If I were given $10,000, the online business I will be doing is absolutely be Web Flipping. As I can see, Admin and staff of MMG also notice the potential of this business opportunity (a new dedicated sub section on this forum is opened) in the era of internet where we can just do everything on internet from buying, investing, selling, payment, trading, broadcasting, information & delivery and so many more. The most important thing is internet already become what we cannot afford to lose on our daily life. So what is Web Flipping, I will simply take a quote from MMG post “Website Flipping is the process of purchasing a website, updating/improving/developing or adding value to the website and then selling the website for a profit. “..

So why would I want to start this business??There are a few reason already mention above. However, there are still few of the most important one. The first is we can start small, what I am trying to mean is we can start just by having a small amount of capital/cash in hand. You need to find the good sites with potential and websites with good potential can go for as low as a few hundred dollars. So, now with $10,000 already in hand, capital is not a concern and what you really need is be sure of your skills and ability to see through the potential in future of any website (long term) before investing. The most successful example will be YouTube..Just look at how fast and massive their growth is.Youtube was originaly a dating website based on videos, not even the creator expect what it will become of today but Google sees through this and acquire it for what YouTube became today and imagine what the price can be if YouTube is for sell .Besides, there is big advantage of buying a site as you don’t have to establish an audience and wait for the site to be indexed within search engines. In worst case, even the most poorly managed sites should have some form of backlink network developed and return a result in the major search engines. It may not be a top ten search result but it will be a result ready for you to optimize and improve.

So, here come the ways how we spend our capital to growth our business and make a profit. Before spending any single cent, of course one must have a good think about what they wants the site to do and how it will fit within their overall web business strategy. In addition, be smart and patient will reduce the risk. Before the ‘HOW’ start, we should keep these few things in mind which is know-how, know-who, know-why and know-when. Know-why is explained on the sentence above for why the website is buy for. As for know-how, we must know what are the ways there are for us to improving/developing/adding value. Hence, make use of all the marketing tricks at your disposal such as for Search Engine Marketing(SEO) or some tweaking to an AdWords campaign might do the trick, or better still, monetize, optimize, affiliate and up sell for maximum gain. To do this, it is where the capital comes in use to hire the experts in these fields without us doing the job as we may not have the knowledge on technical issue. Staff can also be hired to maintains and operate the site. These two are what I called know-who, who to deal with and another one is who to sell for. When everything works fine and we are ranked high in search engine and become well known. This is where the second step comes in where we can generate ads revenue before selling out of our hand. Let say we are bought MMG at its early days and see how much ads revenue can generate from here. People will just rush in to pay for placing ads here. So, web flipping may not just only for profit on buying and selling but also on the process of strengthening the site. Besides, our capital can use to promote our site by advertisement or buying traffic to hope there is a possibility to create ‘buzz’ around the type of community belongs to our site. After that it will be time to sell (Know-when) for high profit when it is success and where its highest/peak potential are. With these much of capital in hand and the low amount needed to go for a site, we may able to get few potential site in hand as long as we stick to a good strategy and that we can well manage all sites in places. EVEN if the worst happen to any website, there won’t be a ‘sink of a whole ship’ but just a portion of our money gone and with what left in hand, many things is still possible for us making a comeback from lost by making profit for web flip other site.

sorry,forgot to post my LR account..U1612119
i afraid that editing my post will disqualify me from this essay contest so i have to make another seperate post..

I think we`ve got some budding entrepreneurs here.

Nowadays, bloggers tend to create blogs on topics that are considered popular and profitable. This is as opposed to creating blogs for their personal interest or enjoyment. Bloggers frequently need to battle the temptation to create another real estate blog or debt consolidation blog simply because they believe that this is where the “real money” is. However, unless you conduct an extensive research on the topic. Chances are, you will not be able to write anything substantial about it. Also, you might discover that the blog you started is just far beyond your interest.

So what can i do if i were given $10,000 to start an online business ? There is a simple answer : website flipping.

I should talk to people in the same niche – if i know a blogger who already has a few sites related to my niche, i try to talk to him. He just might be interested in acquiring another blog in the same niche.

Post it on my blog – some people don’t recommend this method because search engine can index the content i wrote. But this is a method i can also consider.

Use blog networks – some blog networks solicit new blogs. These networks are looking for blogs with quality content so your blog needs to pass their standard before it will be bought. Also, some blogging networks require to stay on as a blogger for some time until they find a new writer.

Use Forums – most forums have a marketplace section where i can buy or sell blogs. I might find a webmaster who’s interested in buying my blog.

Website flipping can be highly profitable but for me to be successful in this endeavor, i need to have great tools at my disposal. Most of these tools are free but some require paid subscription. But having $10,000 in my hand can help me make considerable spends depending on my goals consider. So what are tools i can check out?

Buy-and-Sell Sites

Digital Point – this is place where web masters from all over the world come together. However, expect that the offers for my websites will be incredibly low because everyone is looking for a bargain.

Site Point – if I'm selling high-dollar items, Site Point is more recommended than Digital Point. This site has a lot of traffic and i can enjoy high bids for my websites.

eBay – i can buy and sell your sites in eBay as well.

There are many smaller buy-and-sell sites i can explore and if I'm selling a blog, it would be a good idea to look into blogging forums and make money online forums as well.

Determine My Site Value

iWebTool – i can take advantage of different tools such as pagerank predictor and backlink checkers among others.

DnScoop – this tool can pretty much provide an accurate estimate of what a site is worth based on its pagerank, backlinks, etc.

Alexa – a lot of webmasters still look to Alexa to determine web popularity and the number of site visitors.

Website Grader – this tool can look into everything including Alexa, pagerank, and backlinks. It even provides an SEO report and the number of times my site has been hit by social bookmarking sites.

......................................

LR: U8216948

If i had $10,000 to start an online business i would go for creating a virtual world like WoW or Second life.
I have chosen this business because it would appeal to all age groups both young and old, therefore not restricting my market.

Virtual worlds are also already immensely popular and with virtual world platform developer Multiverse Network announcing a partnership that will allow anyone to create a new online interactive 3D enviroment, with any model from google's online repository of 3D models, its 3D warehouse, as well as terrain from google earth,
this will take virtual worlds to a new level of reality, thus ensuring their future success.

To market and earn from my virtual world it would have its own virtual currency, which could be exchanged for real world money. Members would acquire this virtual currency in game by the same ways they could in real life.
eg by earning it through work / trading virtual goods.
I would also offer a certain amount of free virtual currency for new members who sign up, this would be the incentative for people to join, and at the same time create market interest in the program, and virtual currency would also be earned for referring people, this would make word of mouth a part of my promotional tool.
There would also be a small monthly charge for members, and along with the $10,000 this would help with developement and cover the virtual currency payments to new members.

LR U1393495

end?
forgot to post my LR account U4661349

Unlike many other posts here, If I had 10,000$..I would use it most effectively and hit the nail of the head.

Diversifying Income is the effective tool and optimizing the money from the capital is the major key here..

We can't go blind in saying that we'll do a social networking, website flipping. It's not going to happen unless you become employee for yourself..

It's not becoming boss in the online world, it's becoming the employee working for yourself, ending up yourself wasting all your money doing nothing..

The first rule in online business, is not attack right away, there are three things that we need to use here..

1) Common sense

2) Strategy

3)Focus

and ofcourse the last thing which comes into picture would be our capital. To make it something real big, it takes a lot of effort and most importantly the dedication to one thing that we do in a specific direction.

I would start it slow if at all I have a huge capital of 10,000USD, and not straight away go on the kill.

Making money is an art and be it whatever means, making money is making money no matter what means you are using. If I say I would not do something part of the 10K in favour of HYIP business, "YOU'RE WRONG".

HYIP has a lot of potential and if one does not use the benefits of using the powers of HYIP. Scamming people is not the only means of earning money, but using it to your advantage is the way to go.

There are some things I would do as show Below:-

1)I would initially build my funds up to a certain extent, as like I said, 10K to a maximum of 15-20K in about 3-4 months or so as I'm a FOREX trader as well and I trade 5% on a Low market crisis as well, so that's my first major plan.

After developing and making good income 4 months later, I would open a site with great dedication and that would be something related to education and community help..

2) This is the time when I have enough money to where I can do a thing, which I've done all these years..

The students in my city always look a place where they can get MODEL paper for ENGG, schools and many more. . they often gets books outside, but then since I've got a very good collection of those, I'll create a site with questions and answers for the last 10 years of all the questions and top notch support which would help the community in this way. So, Helping the community is helping yourself(The best means to earn money is going in with this thought..ALL FOR FREE!!)

All this will be a planned step-by-step procedure so that I don't mess up things by starting all of the saturated things like e-bay and social networking and blah blah blah..naaahhh

Common, let's be real and not just win the 25$..

Ok, let's jump to the next step..

3) Slowly as things goes along, developing the community would be my aim and then getting on to a network where I would like to rope in good professors and lecturers online to help us make a good place and hang around and take care of the support in the department of education.

4)The fourth thing would be my HYIP things, this will be the last thing where I will be concentrating on after I've developed every part of education community and FOREX. I would then start a fair site where we'll be a specialist team in handling real online High yield programs. (High Yield Programs in the sense, not the ones which give 200% in 1 day), The real ones like 5%-10% a month which is not realistically possible by banks to pay you is called a HYIP!! So, we'll be dealing with those HYIP's giving fair information to members and so that they feel confident to invest with them. We will take in ZERO money with us, and just provide a platform to investors by giving investors some basic information like real identity proof, home address(needs to be verified by one of our associates),phone verified,where does they invest and the proofs that they generate.

These are certain things I've in mind that I will do if at all I would get 10,000$, which is not more for this purpose, but as and when we go on, I'm sure I'll be able to make it possible..

Cheers!!

Regards!!

??
midnight EST is??just wondering what is the exact time it ends

There are 11 and a half hours left.

Pretty easy way to get $25

10,000$ - I WILL NOT INVEST THE ENTIRE AMOUNT IT IN 1 ONLINE BUSINESS.
I DONT WANNA BE A LOSER.
SO I WILL SPLIT THAT AMOUNT AND INVEST IT IN DIFFERENT ONLINE BUSINESSES.

Before starting an online business,
first i will think which business is suited for me.
second i will think whether i will get guaranteed profit from that business.
third i will think whether the profit from that business is temporary or permanent.
finally i will think whether its a risk free business.

So doing an online business is not only about investing money,
it is also about investing our brain,
investing our creativity,
investing our strategy,
So if we think a lot and plan properly with calmness, composure and determination, surely we can be successful in any business.

So first i will split 10,000$ into 5 equal parts
and invest it in 5 different businesses which gives permanent profits.
instead of investing the entire amount in 1 business, i wanna split it because
life is full of magic.
no one knows what is gonna happen the next second.
if i had 1 bad day, it makes an end to my life and my dreams.
so if i invest it in different reliable, profitable businesses,
even on a bad day, if i had some loss in 1 business, still i can manage it with the profits of another businesses.
on a good day, surely i will get great profits.

SO I WILL SPLIT THAT 10000$ INTO 5 PARTS OF 2000$ EACH.
Then i will invest those 2000$ in 5 different businesses.
Those 5 businesses are

1. social networking site like facebook, myspace, orkut.
I will add all the facilities like chatting, dating, messenger to these site.
Moreover i will upload all photos and videos in it..
so that, in addition to chatting, members can also view videos and photos in my site.
so my site is like the combination of both youtube and facebook.
i will also pay my users for using my site.
so whenever an user enter my site, the time spent by him on my site is visible to him.
i will pay 1$ for 1 hour.
so if an user uses my site for about 100 hrs in a week, he will be paid 100$.
by doing it, i will get almost each and everyone to visit and become addict to my site.
i will also have some sponsors for my site..
the ads of that sponsor will be always running on my site.
so i will be get paid by them.
i will use that money to pay my users.

2. betting
I will start a betting company.
I will post the ad of my betting company on the above mentioned my social networking site, with exciting promotions.
so often people used to see my betting company when they visit my social networking site.
also in my social networking site, i said, i will pay users
i.e 1$ for 1 hour.
but that amount will be credited only to the users betting account.
so if an user uses 100 hours in my social networking website, he will get 100$ in his betting account.
so automatically almost everyone who are the part of my social networking website, will also get involved in my betting site.
betting is a big profitable business.
once a person gets involved with it, its very difficult to get out from there.
again in my betting website also i will have sponsors and different ads.
so surely i will get a big profit

3. ONLINE CASH GAMES
I will add and upload all interesting and logical and all kind of games.
players will play against other player and also against computer
each player will be credited a sign up bonus of 5 $.
if a player wins another player his amount will be doubled.
if a player wins against computer, his amount will become 4 times as the original.
but if he loses even once automatically his amount will comes to 2$
so always all players will have atleast 2$ in their account whether they lose or win.
so if a player manages to reach atleast 100$ he can cash out the amount.
there is no fee to pay this game, but still a lot of cash to be won.
i will also get sponsor for this site also.
i will also get big profit in this site because its completely free.
who dont love to play free exciting games to get free cash.
so i will also get huge profit from this site

4. SEARCH ENGINE
I will start a search engine like google.
but its not only a search engine.
its like a scratchcard like searchengine.
whenever u search in my search engine, u will be scratching a card on the top of my search engine.
but you can scratch that card only after you reach 100 points.
points are calculated as 1search = 1 point.
u can scratch only once in a day.
possibility of winning in my scratch card is 1:3
prizes involves gift hampers, cash, goodies etc..
almost everyone uses a search engine in their routine life,
so, when i start a lucky search engine,
its not only a lucky one for users but also for me to get big profits.

5. affiliate
its like a paid to signup site.
first i will become an affiliate of all the possible sites.
then i will put their ads in my site.
i will pay big money to my users when they join those sites from my link.
i.e many casinos pay even 100$ to their affiliates.
so i will become an affiliate of those sites and
i will pay 50$ to my user just for joining that site from my affiliate link.
so if an user joins 1 site from my affliate link i will get a profit of 50$.
i will have about 100 such paid to signup sites in my affliate website.
so if 100 users joins atleast 10 sites each,
i will get a profit of 50000$.
its a very very simple business, but of very high profit.
i will popularise this site with the help of adworths and all other possible techniques, since this site requires only low investment.

This is what i will do.

I WILL HAVE ALL THESE SITES INTERLINKED,
SO THAT EACH OTHERS ADS WILL BE POSTED ON EACH OTHER SITES.
ALSO HAVE SPONSORS FOR ALL THESE SITES.
SPONSORS ADS WILL BE ALWAYS RUNNING IN MY SITE.
WILL ALSO DO CREATIVE ADVERTISING FOR ALL THESE SITES.
THEN I WILL NEVER DO WEBSITE FLIPPING,
SINCE I DONT WANNA HAVE TEMPORARY PROFIT,
THE PROFIT WHICH I GET SHOULD BE LIFELONG.
ALSO WHENEVER I HAVE A PROFIT OF MORE THAN WHAT I INVESTED,
AGAIN I WILL REINVEST IT IN OTHER ONLINE BUSINESS, I WILL ALSO START SISTER SITES TO ALL MY SITES,
I WILL GO ON EXPANDING MY BUSINESS AND SURELY 1 DAY I WILL MAKE BILL GATES AND WARREN BUFFET JEALOUS OF ME.
I TOLD THESE THINGS NOT ONLY BECAUSE OF THIS CONTEST,
BUT ITS ALSO MY LIFETIME AMBITION.
DEFINITELY WILL DO THIS, WHEN I GET 10000$
THANKS FOR THIS CONTEST.



LR ACCOUNT NUMBER - U8306151
LR ACCOUNT NAME - vijayasundhar

We had 2 winners so I split the prize into (2) $12.50 prizes. Winners are paid and are:

majdi290 and vijayasundhar

Stay tuned for another contest shortly!