What Would You Do with $10,000?
As everyone starts their LuckScout journey and envisages making a good income from the business its important to think about what the next steps are. So when members have earnt $10,000 what do they plan to do with? Will it be invest it into something? Carry on building the pot to get a higher amount to invest or do something completely different with?
I would paid down debt.
Indeed, $10,000 is a small goal. Our goal is to enable our active and enthusiastic members to make $200,000 per month, in the first phase of our plan. This is reality, not dream, because it is possible to achieve with having enough content and physical and digital products to sell on the site.
“Shoot for the moon. Even if you miss, you’ll land among the stars.” ― Norman Vincent Peale
It’s too little money for a viable business, but I can use it to purchase a small plot according to the standards of my country Uganda.
Yes different country also different cost
Alternatively this money can pay subscription to join luckscout club and one can start making money online from home.
What about if we increase it to $100000 – would that make it more viable?
$100,000 is substantially good amount, it can start a business and take it off the ground. It can help.
What type of business would you go for Nnaemeka? Would anyone else try and start a business?
Actually it is not too much to start a good business .i will pay my monthly fees to join the luckscoutclub, and earn munch more .
Hi Gareth, Your first question, I would do some work that I have put off over the last few years because of funds on the house. take my wife away for a weekend in a really nice place and then if there is any left over will put towards investing.
$100k well same as above but I would have so much more to invest. I am not sure if $200k is realisable just yet so I will settle for the $10k and who knows how long it will take to reach that target.
I hear what you are saying Edward – that would be the first thing my other would insist on – redecorating the house and tidying up the garden!
I think you need to add time component to that amount of money Gareth. For example, what will you do with $10,000/month?
For me, of course I will invest it. I have several business plan to start. And this amount of money will be a great help to start the business.
With $10000 I’m going to invest in cryptocurrencies Markets. I will probably make profit after some appreciation.
Leno Jean Pierre — What type of cryptocurrencies are you willing to invest in? I think that bitcoin is very expensive now, and don’t see any major appreciation in value.
I’ll settle some remaining debts, renovate backroom for renting out and invest the rest in a business.
Ahmad – open to interpretation. You can work of $10000 per month or just if you got a lump sum of $10000 or $100000. Its really just to see what members would do and if they already have plans lined up.
10000$ i can use to buy new cloth
I’d use it to pay my debts and become debt free maybe. This would probably give a free mind to concentrate and work hard.
Earning 10,000 is very difficult and with the same amount of $ 10,000, there are many things we can do with it
It is not that difficult 🙂
You can do it if you stay and keep working.
Besides, it becomes easier to repeat it every month, the more you add sources of points. You LuckScout account grows the more you work.
Gareth White — If I have $10,000 right now I will buy a farmland.
$10000 is a huge amount in my country, I can establish a good business and increase it day after day. I will probably use it on online investment. Buy and hold bitcoins for example.
Lots of options here. Hopefully $10000 will seem like a small amount to us all each month once we get going with the Luckscout team. But it is always good to remain humble
Of course I will invest in this club, Luckscout. The rest is used for consumption and buying goods and saving to build a business
I will invest at least $1000 in trading forex, the rest i will also invest in other online business like epic trading.
It is a huge amount in my country, i can do plenty things with such money.