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Money go to money rule.

by Svetoslav Stoyanchev
6 replies
Some people say money go to money.
So the rich people get even more rich and the poor people stay at the very best -poor.
Why is this happening?
Why when some poor people work as hell and try to spend their money really careful and always they are simply not enough?
It seems that if you want to make business you have to don't care about your money and even the money that you will make. Business is like casino.
So I see posts here and there saying that you shouldn't invest much as a start.. Well I think that may be wrong.I think that people that want to invest $5k for growing their bussiness as a startup isn't that crazy at all as long they are ready to risk them,no matter the final result.
(theory) Let's say you have a lot of money. You buy facebook for billions of dollars. But you invest in something that 99% will return your money and then start getting profits. Again the rule - money go to money.

Myself, I've tried with about $15 investment/month to do business and that was just a LOST time for me.My profit was 0 all the time. I am now 400 times investing more to maintain servers and 2 friends as personnel and now the balance is always positive.
I agree it is important where you invest money,but the more the better it seems.

Thanks and I hope you like my share
#money #rule
  • Profile picture of the author kubikdanon
    If you are working HARD and SMART, and spend wisely, you will never be poor

    But generally you are correct - If you want to make money - spend money. It other words, you need to give something to the world first, and then the world will give you something back. It just doesn't work the other way.
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  • Profile picture of the author Claudiu Baciu
    I know for sure that money goes to the people that have a prosperity mindset. Poverty is also a mindset. When you have the right mindset, you start doing and attracting to you the right ideas, habits, strategies, tools, resources and people and after this making money is a child's play.

    Most lottery winners or those who get a big windfall go broke in just a few short years. Why is that? Because they have a poverty mindset... As Jim Rohn said: "If someone hands you a million dollars, you'd better hurry up and become a millionaire(to be able to keep it)." So, if a person will fix his mind, he will never have money problems again. If not...well, he will continue to struggle financially.
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  • Profile picture of the author superowid
    Generally it's true, but not always. Money doesn't always go to money, without a luck. And a luck doesn't always go to everyone without a smart plan (correct mindset, education, investment, professional support, unlimited resources, etc.. that could be free).
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  • Profile picture of the author DIABL0
    It takes money to make money.

    Do people get lucky and are there exceptions to the rule...sure.

    Most people's expectations when starting out, far exceeds their experience.
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  • Profile picture of the author Steve B
    Originally Posted by Svetoslav Stoyanchev View Post

    I think that people that want to invest $5k for growing their bussiness as a startup isn't that crazy at all as long they are ready to risk them,no matter the final result.

    How many people that come to this forum have $5K to comfortably risk on a business startup? Honestly? Almost none. A few maybe, but that is not the determining factor of whether or not they can create a successful online business.

    It's about doing the right things - the proven things that will help you to create a business that sells things that people will buy. It's about setting up a selling system that includes things like lead generation, prospect capture, growing an audience, placing valuable offers in front of them, knowing what they want, and making sure that you are taking care of your customers.

    Having money to invest in your business is helpful if you are already doing the right things to be successful because you can ramp up your leads and sales and grow your income quickly.

    But you can throw all the money you want at your new business and you will never be successful if the right things are not in place.

    Those who say it takes money to make money are not taking into account all the thousands of successful online sellers that bootstrapped their businesses and started with very little money at first. I know these people exist - I am one of them.

    Steve
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  • Profile picture of the author avasummerdiaz
    Yes, it's really all about hardwork. As the saying goes "hardwork pays off." if you are truly international hardworking person then you are most likely to earn more than enough. Be skillful and efficient.
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