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+---- Thread: [STORY] How I earned $1k Online. (/showthread.php?tid=7818)
[STORY] How I earned $1k Online. - The Elite - 06-16-2010
Okay, many people might know me from other forums as some kind of "rich guru" (my friends call me that).
I'm not, I just take what I have, and manipulate it for my gain.
I was an avid RuneScaper for 4 years, I learnt of many money making methods from RuneScape (real cash). Although, many RuneScape players related to scamming, I myself never though that the $30 USD I made in 1 week from scamming was good, so about 1 year ago, I stopped (best choice - I only made max like $50 from scamming).
At one point, I knew I had great manipulation and haggling skills, I decided to test out investing.
For a 14 year old novice, I didn't know where to begin. I also had many resources which I could use to my advantage.
I began investing in Authorisation codes for about $0.30c each, then sold them for almost 4x their price.
I knew that this was a major profit maker. Knowing that, I went and purchased quite a few auths, and sold in bulk numerously. Knowing a profit was rising, I continued selling, with the profits raking in to over $75 USD a day.
Once I was done selling, I began sharing the codes in $harecash, no disclaimer was told that these aren't resold or reshared. What did they think, a $15 code sold for 1/15 it's price was going to last forever?
$harecash had an additional $100 USD to my gains.
I was running out of methods at this point, and that brings me to my next method.
Being a a Reviewer on another forum, (meaning I test e-Books which I review and give them a, well obviously, a review on their threads) reaped a lot of benefits.
I've reviewed around 60 e-Books or so, and have found many consistent e-Books to be of a bad quality. This had given me an advantage of the competition, what are their faults and lows and how I can beat them.
Now, you might be thinking, how is this related to profit?
Well, I myself as said earlier, manipulated this to my own profits and gains. I created multiple e-Books and began to sell them at cheap prices. Many people say, am an online businessman *wink*
Well, many people think quality > quanity. That's wrong, when you want to profit, and have the ability to maintain a healthy product (in this circumstance, your e-Book), why not continuously sell it if it doesn't effect it's state, share the knowledge, as well as profit.
Thus, quantity > quality, in this case, high price > amount sold.
This summarised:
- Had an e-Book
- Sold it for cheap
- Sold it many times
- Effect on it's production, minimal. This e-Book can't degrade (profits go down).
- Shared the knowledge
Many people struggle to create a $50 profit online, at one point, I was making over $30 USD a day from a $0 investment. You can image what was going through my head, a 14 year old boy, making hundreds online from minimal work.
I had a good stash of online money at this time, and began investing in more e-Books, I needed a new e-Book to create. So I decided purchased resale rights to another e-Book for $40 USD, and began to publicise it.
By the first night, I had a $25 profit going, I was raking the money in. The next few days that came, I was profitting $40-$50 USD from that single e-Book ALONE a day. I knew that this wouldn't last forever, and thus needed to even further my e-Book collection.
I decided to purchase some e-Books with the profit from a day, I needed new methods.
Doesn't that mean you were ripping e-Books?
Absolutely not, money making e-Books, and e-Books in general are not actual methods, they're knowledge. When purchasing an e-Book, the majority of customers only look inside it for the method, not the actual mechanics. Why purchase an e-Book only for the method, I purchase it for the way it works.
You get an e-Book telling you to start selling Windows 7 keys from purchasing it for a low price, then selling it for around $40 a key.
Most people wouldn't only gain that information from that e-Book, although, I had gained the knowledge that:
- Investing in to something that is needed at a low price = profit.
- Purchase it for low, sell for high.
- Shows that money can be made from low amounts.
Knowing that I'd need to do this on my own, I started writing my own e-Book, and I clearly stated in that e-Book, I might be selling methods, but I requested of the customers to read in to the methods and go in to depth, thus to further their knowledge.
That e-Book has given me about $150 USD profit from it's content, and about $150 USD in sales.
That's my story, and I hope you enjoyed it.
RE: [STORY] How I earned $1k Online. - Sam - 06-21-2010
Your are one entrepreneurial person. Good job man.
RE: [STORY] How I earned $1k Online. - мємσ - 06-21-2010
RuneScape is the easist way to scam people, because 13 year old kids play it.
RE: [STORY] How I earned $1k Online. - Pedobear™ - 06-21-2010
True. I'm thinking of specifieing myself in social engineering.
RE: [STORY] How I earned $1k Online. - Ally Mac - 06-22-2010
Really amazing story, I am glad to see someone so young doing so successful, my goal is now to beat you
~A
RE: [STORY] How I earned $1k Online. - Pedobear™ - 06-22-2010
(06-22-2010, 12:20 PM)Ally Mac Wrote: Really amazing story, I am glad to see someone so young doing so successful, my goal is now to beat you
~A
That'd be amazing, but 1k $ is alot.
RE: [STORY] How I earned $1k Online. - Ally Mac - 06-22-2010
(06-22-2010, 12:21 PM)Pedobear™ Wrote: That'd be amazing, but 1k $ is alot.
It is roughly £681 BSP, which is a lot, I agree, and My goal might just be £10-£100.
~A
RE: [STORY] How I earned $1k Online. - Pedobear™ - 06-22-2010
(06-22-2010, 01:15 PM)Ally Mac Wrote: It is roughly £681 BSP, which is a lot, I agree, and My goal might just be £10-£100.
~A
I can help you making some money, if neccesary? I give out like 2 - 3 HF L33T upgrades on HF a week/2 weeks with the money I earn. (:
RE: [STORY] How I earned $1k Online. - Ally Mac - 06-22-2010
(06-22-2010, 01:20 PM)Pedobear™ Wrote: I can help you making some money, if neccesary? I give out like 2 - 3 HF L33T upgrades on HF a week/2 weeks with the money I earn. (:
I'd really appreciate that, can you send me a Message please?
@OP sorry for hi-jacking.
~A
RE: [STORY] How I earned $1k Online. - Pedobear™ - 06-22-2010
(06-22-2010, 01:22 PM)Ally Mac Wrote: I'd really appreciate that, can you send me a Message please?
@OP sorry for hi-jacking.
~A
I'm currently not on my Public msn, I'll be on it tomorow.