Edgar Moreno

I would have to say that although it would be faster to make money by spending money, it definitely isn't required to make money.

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clever7

Of course you need money to make money. I agree with Bert: if you don’t have the basic tools to begin, you cannot make money with your work. On the other hand, there is a famous dictate which says that “money attracts money”.

If you have money to invest, you can easily make a lot more.

I’m not saying that if you don’t have money you cannot make it, though. You can, but everything is quite difficult and delays too much.

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Clint

I think you had to have a nail and 100% agree with you, Maria
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CDarklock

Not really. It's just that once you have enough money, making money is inevitable. When you have a certain amount of money over and above what you spend day-to-day, the money you don't spend will generate more money than you spent - without any work, effort, or attention from you.

Let's use an example. Most of us wouldn't be too unhappy with a hundred thousand dollars a year, right? So think about this. If you had three million dollars, and you stuck it in a plain old everyday savings account at 3.5% interest, the interest from that account would be over a hundred thousand dollars a year.

So if you could just keep your grubby hands off that three million dollars, you would have a hundred thousand dollars a year, and you would never need to lift a finger. And if you were happy with a hundred thousand a year, you would never even be tempted to touch that three million.

But that's only one way to make money, and I'm guessing none of us are using it, or we wouldn't be here.

(and now back to your regularly scheduled class)

patricialin

you need money to make money. cos in every business, there is always a capital investment to get started with.

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homebasedmom

It depends on the person, some people make a sale without spending a dime, their main tool is "sales talk" and "charisma".

John Durham

Who told you that?

bagheera101

I agree with the "no" answers here. I've made a significant amount of money (to me; it might not be significant to others!) from writing online, and I haven't invested a dime in my memberships to writing sites!

Kezz

I'd say the answer is fairly straight forward.

You don't need money to get started, but you do need something to invest, such as your own time and effort. You will never get money for nothing.

At the same time, the more money you have, the more you can make. As you make more money, you can reinvest in yourself, and begin to experience an exponential growth pattern.

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international_deal

Sure , need money to get money
any job needs money to get money , doesn't it ?

John Durham

The belief that one needs money to make money is neither true nor empowering.

It is a worthless thought if you are broke and will keep you that way!!!

Those who spread this belief spread poverty.

Camagu

true, unless you beg on the street.

Marlinark

False.

You do not need money to make your initial money.

Money is required for a greater deal of money.

aQsa08

true.. no matter how small you put for investment..there is nothing free in this world..only the key is small invest high value..

TyBrown

In theory you don't need money to make money. I'm not smart enough to do that yet. All the money I make is a result of some investment, even though it may be as small as a $10 domain.

adferger1

False...
You can make money without money, but will earn money faster if you have money to invest.

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ajcox22

i have put together a quite a few business deals by using no money and making quite a bit, it is possible but there is alot of preperation for executing the plan at the right time

Lexcraft10

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eastmobiles

Kind of a dilemma, like you need working experience in order to get a job, but I think this is not absolute, right?

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dammy2007

Hard work,commitment, enthusiasm then money.

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WhiteCanvasPro

False. Talent is not bought with money

ozzie26

I think this when the term cause and effect come into play. In todays world energy and money are kind of twin brothers. What you put in you surely will get out. If there is no money in your possession then all you have is energy, you most definitely should us it. On the other if the money, funds is available use it, it will have the same effect.

Patricia1

You don't need money, especially if your a Warrior Forum regular!

ExtraCashOnline

I would have to say that I think that you don't always need money- you can sometimes trade talent for service.
Saying that you need money might just be an excuse and if you really need the money you'll think about every way you can get it. Even if you have to beg until you get enough to do what needs to be done.

If you have the will to do something, the lack of money will not get in your way!

terenceyang

True. Even if one have the talents to earn money with, he would still at least need some money to buy some food or drink to remain alive till he is paid.

I think the essence should be how much money is needed to make ten, twenty or one thousand dollars.

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2d0k

False.. You can still earn money by investing your personal time and effort.. Even with money, you can't earn with it without doing anything..

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AffiliateKungfu

The Internet is the only place where you can do business with lower overheads than anywhere else, provided you learn the ropes first.

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Luka

No it's not true, well you can make money faster if you use money, but lets say you make a site, if you don't know how to code, you use blogger.
Then you install a nice theme, and you start publishing articles daily. But once enough is published, you work on the SEO, build backlinks, and etc, this can all help a lot, you earn from adsense. Simple and easy.

Scorpiocore

In my opinion it's what you invest that matters...you can invest money to make money. but you can also invest your time, effort,talent, relations to make money, too!
If you think that you MUST have money to make money, then you are poor on anything else.

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honestbizpro

You certainly can make money with absolutely no money...and very good money at that.

You really are only limited by your knowledge and creativity.

mbrig

I say False;

You could have initial investment money and not have the talent to produce razor sharp copy. You might say I'll outsource it, but that's not you writing and that can reduce your start up money significantly.

You can have the start up cash, some talent and then still not make any money due to a lack of application, wanting it etc

If someone has a strong enough WHY, the application and the desire I'll take him over the educated cash rich derelict!

Regards

mbrig

k0zm0zs0ul

Bull ****. I started my ghosting service on less than $50 bucks. I wouldn't even have spent that much, except I paid for membership to E1kad, and that was where I got my bright idea to sell my writing services, so I consider that part of my start-up costs.

Had I skipped that part and decided to go the entirely free route, I could have:

1. Set up a services blog on Blogger.com- Not the most professional, BUT workable and FREE.

2. Typed up sample articles, put them in a folder, and hit the pavement visiting local businesses, marketing my writing skills. If they wanted a website, I'd refer them to number 1! Not fun, but again..FREE.

3. Run an ad on every free site I could find, marketing my services, and start marketing on free related forums. Again...FREE.

And myriad other ways to market yourself that don't cost a dime, beyond a bit of sweat. And by market yourself I mean market services. You don't have to have money to sell a service you just need a service you can sell.

If you think there isn't something worthwhile you can do worth selling, rethink that. Make a list and write down all those things you are good at. Guaranteed at least ONE of them is a service you can market that other people can't or don't like to do themselves.

I started out at a meager $5 and $6 bucks an article, landed my first few projects the very first week I set up shop, invested some of the profit back into my business to make my service perceived as even more professional, used some of the cash to continue my marketing and writing education, and never looked back.

If you hate to write, what about other things? Techie skills, general labor skills, financial management skills, customer service skills, heck even just the ability to type or do some research. There WILL be SOMETHING you can do better than others, that you can flip the script with and actually charge for. Then it's just a matter of marketing, and just look around this forum for all the free ways to do THAT, other than what I listed above.

Warm regards,
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k0zm0zs0ul

EXACTly.

Charleskidd

You can make money online without money. There are many ways to do this because you can make money without creating websites or even making sales.

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Mili_D

Put it this way there is heaps of money to go around in the world and it also doesn’t mean that you need money to make money it all in the mind. Remember Like attract like...

duncanb

You will make money quicker with money in the pot!
But can make significant monies with "time" investments.

AwesomePossum

I'd respond, ever heard of a man by the name of Andrew Carnegie? He was an Irish immigrant that built one of the biggest fortunes during the industrial revolution.

jamessol

Like this question...

My answer would be "NO" what we need most is to change our thinking about money. according to my reading 90% of our money problem is mind problem...

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jyzackoh

I would say you might not necessarily need money to make money. But of course, paying will ensure you better services.

What is more correct is that you need investment to make money. The investment might not be monetary - could be time and all, but it's an investment afterall. There's an opportunity cost for using that time which gives your time a "monetary value".

Just my 2 cents!

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cwrinco

They say that Money is a way of keeping score.

There are millions of examples of people with unlimited resources that go broke quickly, and even more stories about the ones who started with nothing and built empires.

There are so many more critical things necessary... I think money falls way down the list.

Arun Kumar

I would support both because, in business you will have methods which doesn't need any investment. For some methods, it needs some investment to get started.

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Quattro

This statement is false. You don't need money to make money. Although having money does help get things started.

What you really need to make money is a combination of: determination, ability to learn from failure, and in some cases a little bit of luck.

successfulgeek

I'm going to have to go with false, and it also has a lot to do with your mindset. There is a ton of ways to make money out there, but if one doesn't have the mindset to do it, they won't.

So if one doesn't have the mindset, they won't have to spend money on tools to make money although they probably will, they need to spend money on getting rid of their head trash.

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mine1718

on some minor things, you really dont need a bundle of money too get started, but to make money, you really do need money.

Demond Jackson

For my answer I'd like to quote Dan Kennedy who said that if you can't make money without money, you can't make money with money. With the internet, you can write and submit articles, set up a wordpress blog and monitize with Adsense, Amazon, Clickbank, etc.

honestbizpro

There are soooooooooooo many opportunites sitting right under someone's nose at any given time.

You know or find someone who has a skill/service.

You find someone in need of that skill/service.

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purplecone

I think it is false, since you could actually use the local library computers and Internet connections to get started.

However, it helps to have some money.

l23bc

Offline business that mostly applies Too Not really online.My dad Used to say that about his business quite a lot because he was a house and ship builder by trade.

Meaning like most self-employed people you have to buy your tools or use some of your own money to see a job through, Bricks and mortah any capitial investment for a offline business i suppose,

There is people online doing dropshipping or some sort of auction site that are making a fortune online without even spending anything at all in some cases,

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pickthat apple

If you can use the money wisely I would say it speed things up, but if you have no qualities to go with it , makes no difference.

Daniel Rickfold

I would have to answer false. You can make money without spending it. I remember a few years ago, when PayPal wasn't even available in my country how I made a forum and got about 300$ check from google adsense. I was using a free host back then and the profit was 100%. Of course it did take a few months, but I did spend nothing!

With a good solid plan and dedication you can succeed without spending a dime. Of course it would take time, and if you want to speed up the process you would want to spend some money.

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