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| | #51 | |
| Warrior Member Join Date: May 2009 Location: UK
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thinking in terms of trading value? The middle class trades time for money. The world class trades ideas that solve problems for money - S. Siebold | |
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| | #52 |
| Jenn Join Date: Aug 2007 Location: United Kingdom.
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It depends on the type of business....sometimes you do need a certain amount of money to get things going.
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| | #53 |
| Active Warrior Join Date: May 2009
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I would have to disagree. When I was in highschool when I first started making money I started out with little to absolutely no money. From experiences, time, and using my knowledge I now have much more money than I started with, and if I lose it all I know I can go back and make the same amount of even more! |
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| | #54 |
| Active Warrior War Room Member Join Date: Feb 2008 Location: , , Netherlands.
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You don't need money to make money.. You need Value... Online And Offline.. |
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"Never explain - your friends do not need it and your enemies will not believe you anyway."
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| | #55 | ||
| Senior Warrior Member War Room Member Join Date: Mar 2007 Location: , , .
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Quote:
That's my motto.
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| | #56 | |
| Robin Abernathy War Room Member Join Date: Mar 2009
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Not really you just have to be creative and seriously driven. I may not have a dime to get what you just said but take this for example. I may not have a computer or internet but I can go to the library here and use theirs for free for a limited time per day to set up a free website and make use the limited time I have on the libraries computer to make about twenty dollars doing little things. Once I have about 50.00 I can get a cheap host for about 40.00 and a dot info domain for the time being. I can keep on using the libraries computer until I had about 150.00 then go on CL and find a good quality laptop with wifi for this much and then go to the library everyday and now be on the internet for as long as the library is open. Once I made about another 50.00 I can get getresponse which allows 10.000 names before they increase. Now all I have to do is use my time right and in no time I will be able to afford wifi at home now I can be on the computer for as long as I want. Which means I can make more money once I have a couple hundred dollars I can begin to outsource some of my work and leverage the little money that I made. Within a year I could be making a good liveable income. How did I do this all. By using a free computer with free internet at the library which is free to get started. Then used free internet resources while inferior they might be worked to get me started. Then used the minimal money I made to get low cost paid resources. Then continued to upgrade I I was able to use more time to make more money. For instance the computer that I am working on now I got for 145.00 on CL and it is a good one. You just have to know how to make the most with what you have got. Where there is a will there is a way. | |
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| | #57 |
| Valedictorian Join Date: May 2009 Location: London, United Kingdom
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It's really more of a debate. You have question if you are assumed to have zero money at all, nothing to spend on anything at all - not even food and other basic neccessities. But you can make money without needing money, you can start by getting a J.O.B. You don't need money to make money from most of the jobs. If it's starting your own business we're talking about, truth is, to a certain extent. You will NEED money to even begin to start making money. Investment in the basic like a computer, a domain and hosting package or even to buy that piece of cloth for a cleaning business. They all need money. Most important thing you need is focus and determination to make money. |
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| | #58 |
| Active Warrior War Room Member Join Date: Apr 2009 Location: Los Angeles
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False You need a focused plan of action and most important you need to take action on that plan. |
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| | #59 | |
| Ferry Guntoro War Room Member Join Date: Dec 2007 Location: Jakarta , Indonesia
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before I plan to make some money on the internet, I need money to buy a domain name, website hosting, outsource someone, and ppc advertising. I haven't found how to make money on the internet without spending any dime yet. | |
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| | #60 |
| HyperActive Warrior War Room Member Join Date: Sep 2008 Location: Stone Mountain, GA
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False. You don't need money, but you do need time. It's been my experience that you need to either spend time or money on growing your business.
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| | #61 | |
| Warrior Member Join Date: May 2009 Location: UK
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write-ups yourself? No PPC, webhosting and outsourcing. Just a paypal account, some adsense and a decent affordable report you can email to those who subscribe. It doesn't have to be about making money and the domain name can come later. I think too many people have been fed the idea that unless you are making $10,000 a week overnight it's not worth bothering. $500 a month would save 85% of bankruptcies in USA. | |
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| | #62 |
| Warrior Member Join Date: Apr 2009 Location: london, UK
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I guess you could make money with no money but it would take a lot longer! Since time is money, I have to say no!
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| | #63 |
| Warrior Member Join Date: May 2009 Location: UK
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I would say value is money. The middle class trades time for money. The world class trades ideas that solve problems for money - S. Siebold |
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| | #64 |
| Active Warrior Join Date: May 2009 Location: London
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Yes, you need money to make 'a lot of' money even on the internet you need internet connection, a laptop or desktop, even the time you spend is money.
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| | #65 |
| Let's Rock! War Room Member Join Date: May 2009
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What kind of question is this? You need BOTH. First, you need some sort of money as "security" to do whatever you love. And doing whatever you love will lead to true moneymaking. That sweet spot where you're making excellent money doing stuff you love. Only positive thinking is not enough when you first start out. Your genuine abilities manifest only when you're free of pressure. |
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| | #66 |
| Active Warrior Join Date: May 2009
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This is definitely false. In fact, I think you are better off in the long run if you start out with no money at all. Why? Because I think everyone should learn through experience and more specifically mistakes. At times it may seem as though you are working your butt off for nothing but as you spend more time with your business and methods of making money you soon learn what works and what doesn't. |
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| | #67 |
| HyperActive Warrior War Room Member Join Date: Mar 2009 Location: Canada
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You don't need money to make money. You need creativity, think outside the box. Okay, I want to start an IM business and I'm broke with no computer. I'll go to the public library, or ask a friend if I can use theirs for an hour or two a day. It may take a lot longer, but eventually you will get there. No money is an excuse, it is that there is no thinking as the real problem. |
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| | #68 |
| Active Warrior Join Date: May 2009
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| I think this is true. Because money brings money. |
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| | #69 |
| the world is yours War Room Member Join Date: May 2009 Location: Oktoberfest
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i think with money you can make money quicker and easier but you actualy don't need money to get money. get it? :P
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| | #70 | |
| HyperActive Warrior Join Date: Apr 2009 Location: Ohio, USA
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You don't need any money to make money.... It's who you know that makes you money NOT what you have. I started a business without using any of my money. I personally knew of 2 multi-millionaires. I showed them my business plan and they both gave me $50,000 checks. I had no money to start the business but I knew someone else that did. I take my family to a private vacation home in the Smokey Mountains. This is a cedar mansion beside a Big Lake. It is completely furnished with everything to live there. It even includes sat TV and a big boat. We can go there anytime for 3 day weekend without paying a dime. Why? Because I have made friends with the owners. Read: "Never Eat Alone" It works well for me. | |
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If Life gives you Lemons...make Lemonade!
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| | #71 |
| StarFleet Admiral War Room Member Join Date: Aug 2008 Location: Delta Quadrant
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"Fate protects fools, little children and ships named Enterprise" -- Cmdr. Riker [TNG - "Contagion"] ============================= I'm on TalkMarketingNow.com! 11 PM Eastern Time, Tuesdays. Join me! :D ============================= Shay Rockhold's Site and Blog | |
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| | #72 |
| Active Warrior War Room Member Join Date: May 2009 Location: New Zealand
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false but most people use it as there excuse
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| | #73 |
| Active Warrior Join Date: Feb 2009 Location: Singapore
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I would agree more with " You need resources to make money" ...
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| | #74 |
| Dream Girl Join Date: May 2009
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I think not everyone on the same side
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| | #75 |
| Gordon War Room Member Join Date: Jan 2009 Location: United Kingdom
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Think we all need money it's a fact of life: The question is how much? We have all or most of us lived through decades of greed and avarice, the more we have the more we spend, better home, better car, better food etc. There is no option unless you have been blessed with inherited wealth but to earn money in one form or another. The more you put in the more you get out. A classic example and you can see this world wide is, large food chains in supermarkets who buy shelf space, sell product for a loss until the competition has to give up then, dominate the market. "When money talks everyone listens" If you want to make real money on line and not pocket money then, you do need money to make money-IMO. |
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| | #76 |
| Senior Warrior Member War Room Member Join Date: Dec 2007 Location: , , USA.
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Can you Make money with no money? Yes. I am doing this right now as we speak. In between surfing the warrior forum. I dont even have a website. Affiliate marketing using direct links? Nope. You may find this idea unique: I use free memberships to international b2b sites to connect truckload buyers and sellers together. You find both the buyers and sellers on the same site and you create a brokering deal with the seller, and then you use that very same b2b site where you found the seller, to find a buyer. Most sellers on b2b sites dont have any idea how to market to the buyers on the site. They just join because the sales director said it was a good idea... I have made many thousands of dollars doing this and sold many truckloads of liquidation merchandise overseas. ALL VIA EMAIL! Never costed me a single penny. I am answering emails right now, in between surfing the warrior forum, on a couple of these deals, and it looks like a deal is about to close. Seriously. I could forward you a 15k purchase order that was just emailed to me 30 minutes ago from China! No crap! That's why I am up at 4:56 am! So anyway, There's a freebie idea for someone with alot of guts to really jump out of the box!! I can spread this idea around because most people dont have the true motivation to pursue it anyway. But if you do, "More power to you...welcome aboard"! I am always happy to bless. I hope this inspires and offers value to the forum. Back to the subject at hand: The only thing you need to invest in is education and internet access. The first part you can get for free here at the warrior forum for only an investment of time. Regards, John Durham Ps. If anyone knows how I can delegate this process, put it on auto pilot, and have others do all the work let me know, because it does take some time and effort coordinating these deals even though it is all via email. I'd like to work less if possible. |
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| | #77 |
| Active Warrior Join Date: Apr 2009 Location: Australia
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True. for pay per click
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| | #78 |
| HyperActive Warrior Join Date: Feb 2009 Location: Ontario, Canada
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Time=Money I honestly can not seperate the two at this point. So if the question is straight up do you need money to make money - then yes you do because no one can make money without time. Every second I am putting into a new business is money I am not making doign soemthing else - that is why I can not seperate them. If you want to get 100% literal then, no you don't need physical cash money to make money. However, it helps a great deal and if you want to make serious money you need to use some. |
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| | #79 |
| HyperActive Warrior War Room Member Join Date: Dec 2008 Location: Canal Side
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I agree. You need at least some money to make money.
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| | #80 |
| Active Warrior Join Date: May 2009
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I think having some money can sometimes be a stumbling block to making more money.That is probably the reason why most people remain poor or average all their lives.You see, if you have some money, you are often afraid to take risks as you tend to fear losing what you already own.One the other hand, if you have no money, you have no fear of losing as you have nothing to lose. I have read countless stories of successful and rich people whose lives turn around when they are dead broke and have absolutely nothing (in fact, they are often in debt).Anthony Robbins is a classic example. Another example is the self-made property millionaire, Carly Crutchfield, who is a property mentor.She was about 22 years old when she made her first million.She then decided to give away everything as she didn not want to be attached to her money.She travelled overseas helping the poor.When she returned to Australia, she had no money. But within 1 year, she made her first million again and is now a multi-millionaire. So, my conclusion is: you do not need money to make money.What you need is the right mindset, creativity, determination, focus, persistence and the belief that you can achieve whatever you want to have |
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| | #81 |
| HyperActive Warrior Join Date: Apr 2009
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To make money you should invest something. It could be time,money,effort,or whole your life. The easiest way is to invest money because time is unrecoverable resource. I did try to earn money without investing penny but what i maximum achieved was $1-$2 per day. ![]() No more. But I got excellent experience during this endeavor, invested some cash, not big, near $300 and got 3 times more in two weeks. |
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| | #82 |
| Warrior Member Join Date: Apr 2009
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I believe you need alittle bit of money to start small. If you want to start big then you need big bucks, or plenty of luck and afew gambles! SoZoS |
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| | #83 |
| The Scribe War Room Member Join Date: Apr 2009 Location: Punta Gorda, FL USA
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Honestbizpro: I think maybe before the internet that was more debatable....but today I would have to say. False. You only need to know how to make money with no money. I respectfully disagree, here's why. Although it is true that there are lots of ways to make my money online but they ALL will cost you money. Even if all you do is article marketing you still incur cost. You still have to pay for the electricity to run your PC, you still have to pay your cable or DSL bill. These are cost are they not? |
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| | #84 |
| Warrior Member Join Date: Feb 2008 Location: , , .
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False. You need experience, knowledge to make money. You also can use networking to make money.....
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| | #85 |
| Warrior Queen War Room Member Join Date: Dec 2008 Location: USA
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Do you need money to make money? Theoretically, FALSE. Having money sure as heck doesn't hurt..and as we all know it helps a lot. Thankfully, with the internet, you can make money with knowledge and application. Nothing can replace taking action. But the original post that started this thread did not talk about how much money. I think it helps to have money to invest if you want to make BIG money. |
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| | #86 |
| HyperActive Warrior Join Date: Apr 2006 Location: Philadelphia, PA, USA.
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You do not need money to make money. You need resources to make money. Those resources could be in the form of ideas, contacts, opportunities, initiative, ingenuity, creativity and so on. Of course, having money or access to it does have its benefits. Hermas |
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| | #87 |
| Warrior Member Join Date: May 2009 Location: Tropical far north queensland, Australia
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I would aggree - however it's all a matter of degree. To start a local business (like a shop) you need $100,000 upward to set and and stock up. A direct mail - like a mail order business you'd need probably $20,000 to do it properly. An internet business you can set up with a couple of thousand bucks (much less if you do all the work yourself - but I'd rather just pay the cash and work with professionals who get a top job done fast. you can start a trading account for shares with $2000. you can start trading forex with less than $100. (but you have to know what you're doing in both cases which often costs money or a lot of time) If you want to make money while spending absolutely No money then all you can do is labor because everything else takes at least a few bucks. Surely though, most people can raise a few hundred bucks if they were truly focused on creating some wealth. Franky if you are not willing to do what it takes to raise a few hundred to a few thousand bucks to get you started then your chances of becoming rich a very poor! You have to think rich to get rich, there's no point in being a tightarse with setting up your business because that will be the essence of your entire business life, and no-one will want to buy your products. |
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| | #88 |
| Warrior Member Join Date: Dec 2008
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My opinion is no matter what you do it is going to take money to make money. Yes there is free things on the internet to make money but did that internet not cost you or that computer to be able to get to internet not cost you??? Everything comes with a price tag no matter what. I think also that the more money you have the easier time it can be to get started. I say this because 6 years ago when I started working from home I was very poor and bought the cheapest old computer I could find and worked off that old desktop for about 3 years I then got an old used laptop and had that for another year. Finally making enoug that I could design a computer from Dell and have a brand new computer. Working off the old equipment could be frustrating at times and because of the age of my computer did hold me back from some jobs o nthe internet so this is why I say it takes money to make money and that having money makes things easier because if I would have had any money it would have made my life easier starting out working from home.
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| | #89 |
| Warrior Member Join Date: Apr 2009
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False. I've played a real-life game last year where we in a group could make from $0 to $1000 in 4 hours. All it requires is some "think out of the box".
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| | #90 |
| Active Warrior Join Date: Jun 2009
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If you have the capabilities to "think out of the box" then only sky is the limit. Money can never be regarded as the guiding force to attract more.
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| | #91 |
| Active Warrior Join Date: May 2009
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I truly don't believe this. I think one needs that motivation and risk taking ability to get success and make money. One truly requires that desire to work for what he wants in life and that too should be long term objective and not a short one as that won't let you to success.
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| | #92 |
| Warrior Member Join Date: Jun 2009
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False, you just have to start small (without money) and grow. Somehow you will make it. All though it goes faster if you use money.
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| | #93 |
| HyperActive Warrior War Room Member |
The statement is not 100% true, well now a days there are a lot of methods to make money without any initial investment. However to earn some bunch of extra profits and being lazy and outsource the work definitely need some initial investment. |
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| | #94 |
| Warrior Member Join Date: May 2009
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Its purely depends upon you...............................
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| | #95 |
| Quick Tips for Businesses Join Date: Apr 2009 Location: Australia
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I think if you start small & slowly build you can still make money, but it will take longer, and your mistakes you learn from won't cost as much.
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| | #96 | |
| Warrior Member Join Date: May 2009 Location: UK
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of views. I've heard it said $100 for a domain name and some basic webspace could be helpful. The product and the process needn't be complicated. Then again, you might not even need a website. | |
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| | #97 |
| Mike Tompson Join Date: May 2009 Location: Florida
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One can see the glass half empty and other can see that its half full. I agree to disagree. You don't need money to make money. That is the general way of making money. We are not considering the unusual. Beside what can you do with money other than invest. Ok! I agree that is a little lame. But hey there are opportunities for broke too I guess. Other wise what will the financial organizations would do?
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| | #98 |
| Native Fire Warrior War Room Member Join Date: Mar 2009 Location: All over the Globe.
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Do you need money to make money? False You need to know how to use the resources you have to make the money you want. You need to have the drive to stay with the project and not drop out because success is not easy it is WORK! You need to be able to think outside of the box and not like everyone else! |
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| | #99 |
| J Santiago Join Date: Sep 2008 Location: Spain
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False. In my experience you do not need money to make money. On the other hand it is always easier to make money when you already have some. Regards James Santiago |
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| | #100 |
| Warrior Member Join Date: Jun 2009
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False. But it would definitely help and make it a lot easier. |
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