Comments on: Using money to make money

By: TrentC

TrentC — Sat, 10 Dec 2005 00:16:50 +0000

We’ve always put the profits right back into more advertising.. Hopefully drive more traffic to the site, rank better in the SERPs, and bring some more business our way, causing the cycle to start all over again. For us, it was always static text links we were buying.. I suppose you could do the same with AdWords, but it wouldn’t have that multiplying effect.

By: Lyndoman

Lyndoman — Fri, 02 Dec 2005 10:01:32 +0000

Just don’t go out and by a tablet making machine, get a load of asprin and then churn out a bunch of happy tabs and go an sell them for Â£10 a pop down at the local youth club.

I think I read it in Googles TOS. Don’t use your Google cheque to get into the fake drug business!

By: Brian Breslin

Brian Breslin — Wed, 30 Nov 2005 18:46:43 +0000

i think a contest is a great idea. take Mike Davidson’s ipod shuffle giveaway contests. a $100 ipod Shuffle might attract more interest than just $100. Or the uber-intelligent contest TUAW.com did with their nano giveaway. They had people create blog posts with their favorite posts at TUAW (instant page rank). Then submit in the comments their entry. Random entry was chosen, voila!

By: Scrivs

Scrivs — Wed, 30 Nov 2005 18:32:48 +0000

I think it would be a good idea to ask Nick Wilson over at Performancing how is Adwords advertising has been doing for his site. I see those damn ads everywhere now.

By: Kyle

Kyle — Wed, 30 Nov 2005 16:56:21 +0000

Here’s two others that have worked well for me:

1. Hire writers/updaters to write an article/moderate a form/etc.

2. Invest in advertising. It may seem stupid to take earned advertising dollars and spend it on advertising, but it works well a lot of the time. Buy some adwords, get more returning visitors. Make more cash.

Investing back into your site is a key part of making a successful online presence.

By: Miha

Miha — Wed, 30 Nov 2005 14:03:33 +0000

If there were 9rules shares I would spend all my hard earned money on them. ;-)

By: misterchris

misterchris — Wed, 30 Nov 2005 12:28:20 +0000

With regards to the shares idea, you could invest the money in “investment trusts” these are a bit like shares for dummies. An organisation chooses the shares for you and wraps them up in a tidy bundle. All you need to do is find one that suites (ethical investing, risk investing, overseas investing etc.) and give ‘em your money. You could find more info at fool.com or fool.co.uk .
I like the idea of buying a site though … neat.