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| | #51 |
| Active Warrior Join Date: Feb 2011 Location: USA
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I don't think that it's necessary to have money in order to make money. If you are broke but have the time and ambition, I believe that a person can be successful. I think that bottom line...it's all in a person's drive and just how badly they want to make things happen to better their quality of life.
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| | #52 |
| Kanapemo Join Date: Feb 2011 Location: USA
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It does take money to make money yes. Not a lot though, but you will need money to at least purchase certain necessary things needed to make it big.
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| | #53 |
| Offline Video Marketer War Room Member Join Date: Aug 2009 Location: USA
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In the literal sense yes. It takes money. Does it take thousands? No. But it takes something. Those who dismiss the whole statement miss the point, those who take it figuratively or believe you need tons of money also miss the point. In a literal sense its true. The point is to not let it become a limiting statement. It may not be YOUR money that is required to make money. And that's the catch. I had a buddy who worked for free as an intern so he could have access to equipment to start his business. He reinvested his earnings into his own studio and now he's making music. (it took someone else's money, the studio owner's and it took his time and money as well) I know people who borrowed money from friends and family to start their businesses. (again not their money, but it took money) I know guys who worked at mcdonalds or in retail to earn until they could get their business off the ground. (money to make money) I know of one very successful guy in my area who sold drugs and reinvested into legit business. (dirty money to make clean money) It takes giving up some thing to get somewhere. It's up to you to be creative and figure out how to get the ball rolling. You either see this statement as empowering or as limiting. But that is a reflection on you, not on the truth of the statement. |
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| | #54 |
| Active Warrior Join Date: Feb 2011
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Hmm, depends on how you're trying to make money, really..
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| | #55 |
| Loving The Philippines War Room Member Join Date: Apr 2008 Location: Pampanga, Philippines
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I love your message, but always struggle with the term "make money". The only time I came even close to making money was with my scanner and color printer. My daughter loved it. I have consistently been able to earn money by providing value, working diligently, and staying focused. I earn money by creating value, but it never "makes money" nor "creates money", it just transforms from one thing to another. You can start off with nothing but desire, your own thoughts, and a willingness to chase your dreams and start earning more money tomorrow than most people believe is possible. Most people get stuck due to their beliefs as you have so clearly stated, not by their lack of capital. You can always find a way to create value, even if you do not have a penny to your name today. Love your post...one of these days I need to buy a printing press and try making money again...or not. |
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| | #56 |
| HyperActive Warrior War Room Member Join Date: Nov 2010 Location: Gulf Coast of Florida
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| cyberdenizen: Thanks for sharing your story...very inspiring! I started three months ago and wanted to be able to pay back our personal account to cover my hosting, autoresponder within my first month. I worked ridiculous hours, but made it happen with affiliate sales. I enjoy weekly growth. It is a mindset for sure. |
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| | #57 |
| HyperActive Warrior War Room Member |
I agree but if you are seriosly in need for making an income online you can do it without money. Article marketing ftw <---Not so much after google new algo but still works ![]() -matt |
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| | #58 |
| Senior Warrior Member War Room Member Join Date: Jul 2009 Location: Los Angeles, USA
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Hello James, i believe that it doesn't take money to make money but rather it takes ideas and the readiness to act on them to make not just money but amass fortune. The few examples you gave says it all. |
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| | #59 |
| Marc M War Room Member Join Date: Jun 2010 Location: Vancouver, BC (When I am Actually There)
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Yes and No, I have made back everything and more after losing everything before, its not easy and very depressing, but can be done if you stay focused and dont let things and people take you down... |
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| | #60 |
| Active Warrior Join Date: Mar 2011 Location: www.VideoMarketingRobot.com
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I personally believe that to start making money you must have grand ideas. Once you made a little, this money needs to be used to make more money. The more money you have to spend, the more money you can potentially create. My brother and I had an idea to make money and we put the idea together for basically no money (we were in University and had no money to spend). We found ways to solve certain problems we came across for free and ultimately we launched our first product. It sold a bit and we took that money to buy software and other things to make our lives easier and to be able to sell more products. Now we have started our own company and continue to reinvest our money in some ideas we have. It works and I truly believe that it DOES TAKE MONEY to make money! So I hope people will never be scared to spend the money they made and reinvest in quality products and services. Just make sure you know what you are getting and nothing is a magic bean.... Buy the good stuff that works. |
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| | #61 |
| Active Warrior Join Date: Mar 2011
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I agree that money can make it easier. But, it seems to me that the biggest names made it and stayed there started with nothing. In my opinion, they seemed to learn something about themselves that can't come from buying your way to success.
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| | #62 |
| Active Warrior War Room Member Join Date: Aug 2007 Location: Canada
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If I may personify the concept... Money is only added fuel for your journey. Fuel alone however will not get you there. Your energy; your 'spark' needs to be constantly firing every day to ensure your operation; the 'engine' runs long enough to make it the ultimate destination. Can you do it without fuel? Well, yeah - but it's analagous to making a journey on foot VS by boat, car, or plane (depending on how big your capital source). Sure you can do it - it just might take you longer, and could be a lot more challenging too. Hell, depending on how far you want to go - it might be next to impossible to reach your desired destination without having a beefed up engine and a significant supply of long term fuel. There are always options though, and you may be able to find some fillup stations along the way |
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---- Nerd Business for NERDS only | |
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| | #63 |
| Life is simply...Awesome War Room Member Join Date: Dec 2010
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It takes money but a little to make money. Well when I was a newbie on IM, I was totally empty. I lend money from my friend to pay the internet bill and start online business. This was my first investment to start online business and now that little investment get back to me with higher profits. |
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| | #64 |
| Active Warrior War Room Member Join Date: Feb 2011
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I dont agree. I started in 2002 and used freehosts to get my first site started. I reinvested the money I made back into new sites and hosting and kept building.But having money does help a lot! But it isn't anything you need to succeed.
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| Opportunity: Got a health-blog/site with traffic? I will give you unique articles (never used before, no rewrites) if you promote my anti-anxiety-ebook (Clickbank) with YOUR link-code. Send me a PM. Fulltime Internet-Marketer and Online Business Owner since 2002. | |
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| | #65 |
| Warrior Member Join Date: Nov 2010
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I would say you atleast need some sort of startup to get going. But yes if you wanna make big money then you definitely need lots of it.
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| | #66 |
| Future Billionaire:) War Room Member Join Date: Oct 2006 Location: United Kingdom
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When I got started in this whole IM game I was 15 years old. Im 21(almost 22) currently so were talking about almost 7 years ago. I had no money because most 15 year olds simply dont have any recurring monthly income! But I somehow managed to stumble upon a website promising me that I could make $40k a month and I had to get that manual(which I managed to do). It only cost me $7 but at that time it was comparable to $700, ya know me being a 15 y.o and all. I basically bought a scam ebook and had no money left but it sparked the beginning of my IM carreed and Im glad I stumbled upon that ebook! I still had no money so what I would do is sell some of my old pokemon video games(which brought tears to my eyes on the day I actually needed to ship the product after someone purchased it from me via ebay). I sold my digital camera(very expensive at that time) and slowely started to accumulate some cash. From that point on I purchased all kinds of ebooks on how to make money online. That was my main expense....knowledge! Altough I didnt have an immidiate ROI from all of the investments I was making, I got allot of knowledge. This in turn made me stumble on methods that worked and methods that didnt work. What changed it all for me was actually IMPLEMENTING what I was studying, instead of reading the material and not doing anything with it(like most newbies do). Well...sorry for my long story!! I typed this post super fast so sorry for all the typos.....as for now...duty calls...gotta get back to the money ![]() Rodney |
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| | #67 |
| Warrior Member Join Date: Mar 2011 Location: Texas
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Great posts, and most of us have probably gone through a bit of cash trying to find the correct answer to this question...truth is, it would take very little if we knew what to do with what we had..lol! Then when abundance comes, not only will we know how to handle it, but also how to teach others.. |
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| | #68 |
| BIG John War Room Member Join Date: Sep 2010 Location: Guatemala
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I guess it really just depends on how you go about it and what you say is true because I've seen people start out with a good amount of investment capital and lose their shirts and others start out with virtually nothing and end up retired in 2 years because what they got into panned out well. You never know where the next glory hole will be ;-) Good post btw!!
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| BIG John - Backwoods Redneck Living proof "A Country Boy Can Survive" in the digital age & Still Skin A Buck! * Adswap With BIG John * | |
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| | #69 |
| BIG John War Room Member Join Date: Sep 2010 Location: Guatemala
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Hehe, yup that's been my experience.. Lots of Time and Lots of Money, but it would have taken even more time if I hadn't had the money as it allowed me to outsource a great deal!
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| BIG John - Backwoods Redneck Living proof "A Country Boy Can Survive" in the digital age & Still Skin A Buck! * Adswap With BIG John * | |
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| | #70 |
| HyperActive Warrior Join Date: Mar 2008 Location: , , .
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There is always a cost to do business. But, you can START with absolutely no money, collect unwanted items, clean them up, use the free computers at the public library to sell them on eBay, then put the money back into your enterprise.
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| | #71 |
| Super HyperActive Warrior War Room Member Join Date: Sep 2010 Location: Quebec, Canada
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I saw a great post some time ago about a guy that started from $0 and save half his earning for his business and half for himself. It works great if you balance your life/your business |
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Benoit Tremblay
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| | #72 |
| seodella Join Date: Mar 2011 Location: gotham city
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i love this guys if god made 2 like you i want it 1 for my self |
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| | #73 |
| Warrior Webmaster Join Date: Apr 2010 Location: On The Road
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you dont need money to make money.. if you have the skills you can create money out of thin air..
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| | #74 |
| HyperActive Warrior Join Date: Sep 2009
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For me, you can make money without money if you have a skill that you can trade. This is including if you can write decent article. So, for those English native speaker, you can blow the trumpet saying it cost no money to make money online. BUt for those coming from non-native English speaker, even article cost money. So it depends on your situation. From my point of view, it does takes money to make money online. |
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| | #75 |
| Senior Warrior Member War Room Member Join Date: Jan 2003 Location: Pa., USA
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In my experience you can make money without money, but to make BIG money you need to reinvest the money you make at each stage during your business growth to make more money. Let’s say you can write well. You don’t need any money to write an article; you can use a public library to write the article and sell it online. BUT from those profits you need to reinvest the money earned to promote your business, or invest it into something that will grow your principle. It is through reinvesting your profits that true wealth comes; it’s through calculated risk, not blind risk that true wealth comes. |
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| | #76 |
| HyperActive Warrior Join Date: Mar 2011
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Yes that is true but also you need to learn a lot. Basically you can start making money starting from 10-15$ but there is big BUT! How you will now what product sell if you will not be ready for systematic search. Basically most of the money goes to learning new stuff. |
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--> Safeguard Your Retirement <-- The Best thief that the world has ever known is robbing you blind...right now...at this very moment... | |
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| | #77 |
| Rocket Warrior Join Date: Jun 2010 Location: Malaysia
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What a positive message to take note of! This thought about needing money to make money has been manipulating my mind for the past 1 month now. I've reach a point where money seems to be the only way forward ![]() But reading a post like this just gets your head straight back into the game ![]() So, back to the thinking cap! |
| "Perfectionism is just fear of failure in disguise..." | |
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| | #78 | |
| Warrior Member Join Date: Feb 2011
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| | #79 |
| HyperActive Warrior War Room Member Join Date: Jan 2007 Location: Somewhere in Canada...
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No. All you need is an idea.
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| | #80 |
| HyperActive Warrior Join Date: Sep 2009
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how can you hard work if you don't even have skills. so the first thing to do is outsourcing
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| | #81 |
| Warrior Member Join Date: Sep 2009
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great dude.. thanks.......
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| | #82 | |
| Rock Star Writer War Room Member Join Date: Dec 2009 Location: Santa Fe, NM
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I think more than a few folks who say you have to have money to make money tend to use it as an excuse. | |
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| | #83 |
| Active Warrior War Room Member Join Date: Mar 2011 Location: Perth Australia
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Hey great post, i agree there are a few things require to make money, however money is not one of them. It certainly makes it easier however there are countless cases of people who come across fortune by chance or luck only to in a few short years end up worse of financially than before their windfall. The true components to financial freedom or making money(interesting phrase) would include, mindset, clarity, attention, awareness and consistency. Lovely topic, Regards Rob |
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| | #84 |
| HyperActive Warrior Join Date: Mar 2011
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Great post, Also motivation, smart brains and never giving up. It is really interesting that the successful people are made up of people who failed severally or lacked something in their life...is that a motivation? |
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| | #85 | |
| kris War Room Member Join Date: Mar 2011 Location: Bangalore
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I agree, I takes Time and bit of LadyLuck to make money. It is a famous quote which says Quote:
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| | #86 |
| HyperActive Warrior Join Date: Mar 2011
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Great post, Also motivation, smart brains and never giving up. It is really interesting that the successful people are made up of people who failed severally or lacked something in their life...is that a motivation |
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| | #87 | |
| Detroit Lions Fan Join Date: May 2010 Location: On Another Level...
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Yes he CAN, it's POSSIBLE, but will he LIKELY? No. And if he does win or even come close to winning his name will be known because of his UNLIKELY feat. Same goes for the people named in the OP, they are known because they are the UNLIKELY exceptions and exceptions do not swallow the rule. It takes money to make money. | |
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I'm an avid Detroit Lions fan and I blog about my hometown Detroit Lions & Detroit sports for fun more than anything. GO LIONS!!! http://www.backlinkcheckerseo.com | ||
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| | #88 |
| Warrior Member Join Date: Feb 2011 Location: Turner, ME
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Lack of money is not an excuse - especially with IM. There really are enough free tools and teaching available to figure it out. It takes time, guts, and determination. This is a great thread.
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| | #89 |
| warrIOR ROIrraw Join Date: Mar 2011 Location: London, Glasgow, Verona
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inspiring! Richard Branson is my personal idol.
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| | #90 | |
| Rock Star Writer War Room Member Join Date: Dec 2009 Location: Santa Fe, NM
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So maybe, in the end, the folks who invest time, initially, end up making money more quickly if they really apply themselves, like cyberdenizen, than the folks who start w/ more money? just thinkin' out loud.... | |
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| | #91 |
| Rock Star Writer War Room Member Join Date: Dec 2009 Location: Santa Fe, NM
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| | #92 |
| Active Warrior Join Date: Jul 2010
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You do need money to make a start so yes,I agree.
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| | #93 |
| HyperActive Warrior War Room Member Join Date: Sep 2009 Location: Michigan
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Those men mentioned in the beginning of this thread may have started with nothing, but they had to have made some kind of money in order to accomplish what they accomplished. They had to earn a living in some manner so that they could save or invest for the future. There are numerous stories of men who started in the mailroom and ended up CEO or owning the company shows what hard work can accomplish. Another way to succeed is to have a talent that can bring in money, whatever that talent may be. There are many successful people who started with no job, but had the ability and perserverance to rise to the top. I believe that it takes money or talent to make money. One must have one or the other. |
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| | #94 |
| Active Warrior Join Date: Mar 2011
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You can make money with just WordPress, Hosting, and honest offers
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| | #95 |
| Warrior Member Join Date: Mar 2011
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I used to think that it takes money to make money, till i meet this SEO guru who really challenged me and introduced me to internet marketing. It is not about the money, but time. How much time are you investing in whatever idea you want to prosper you? |
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| | #96 |
| Warrior Member Join Date: Dec 2010 Location: dlmore.com
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Yes, I agree with you. You can cost nothing to gain money but you have to spend time to get it. And time is money ![]() So it takes money to make money |
| Free tricks and tips to make money online at http://dlmore.com/ | |
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| | #97 | |
| Warrior Member Join Date: Feb 2011
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That is right! Investment is in many forms and money is not the only thing a person can use to earn more money. Skills, diligence, hardwork and the will to succeed--- these are the things that one must possess to earn money and succeed without spending money. | |
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| | #98 |
| HyperActive Warrior War Room Member Join Date: Dec 2007 Location: Tampere, Finland.
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Having money may be a shortcut. Or it may turn out to be a hindrance. It all depends on the person in the end. In the end, there are NO set rules. No rule says you have to suffer at first. No rule says you have to flip burgers at some point. No point says you have to do it the hard way. No rule says it has to take a long time. It takes as long as you need it to, and turns out just as you want it to. Believe it or not. |
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| | #99 |
| Sushi Warrior Join Date: Jan 2011 Location: Japan
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I agree that money can be a shortcut. But I agree with R Kiyosaki that it is not a prerequisite. Maybe it was, before the internet. These days you can learn to market online for free. Join affiliate programs for free. Pay small change for hosting & make money. It just takes work and perseverance. Goals, vision boards, etc help. Your income will level out at your personal growth level, so if you're not making money maybe you need to work harder on yourself rather than on your biz.
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| | #100 |
| Mile High Warrior War Room Member Join Date: Dec 2009 Location: Denver, CO
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It doesn't take money. It takes helping other people. The extent to which you do that (no matter the niche), the more money you'll make. |
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