You Need Money To Make Money

richpeasant · 05-11-2009, 04:31 PM

Do you agree or disagree with that statement?

Suppose you were teaching a class and someone
said.....

But you need money to make money.

How would you reply?

honestbizpro · 05-11-2009, 06:15 PM

Quote:

Originally Posted by richpeasant

Do you agree or disagree with that statement?

Suppose you were teaching a class and someone
said.....

But you need money to make money.

How would you reply?

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.

If knew two business owners, one with a product and one with a huge list that would be perfect for that product, I could broker a deal with a few emails.

tamaradaria · 05-11-2009, 07:30 PM

Quote:

Originally Posted by 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.

If knew two business owners, one with a product and one with a huge list that would be perfect for that product, I could broker a deal with a few emails.

I agree...knowing HOW coupled with a willingness to
go the extra mile, you can make money with no
money.

daneault23 · 05-11-2009, 07:37 PM

I would have to say that you don't necessarily NEED money to make money but it certainly helps out. Obviously with that being said, you don't need much money to make money, but often times it's easier to have short term success with having more money.

If you're looking for long term success, all you need is a willingness to succeed which doesn't involve any monetary value. You have to have that drive to be better than everyone else and prove to the people who said you couldn't make it, that you actually did make it. I love proving people wrong when they say I can't do something, and this is just one way of doing that.

Li Weng · 05-11-2009, 07:54 PM

You don't necessarily need money to make money
in the beginning, but to make any BIG money, you
definitely need to make investments.

You always gotta put in something, if not money
then TIME. It's a basic trade off.

Personally I'd rather invest the money to make
more money while freeing up more of my time.

It depends on what your personal situation and
what you actually value more.

TonyDJackson · 05-11-2009, 09:25 PM

Quote:

Originally Posted by Li Weng

You don't necessarily need money to make money
in the beginning, but to make any BIG money, you
definitely need to make investments.

You always gotta put in something, if not money
then TIME. It's a basic trade off.

Personally I'd rather invest the money to make
more money while freeing up more of my time.

It depends on what your personal situation and
what you actually value more.

Yes... time is an exchange for money. We only have so many minutes on this earth (as the Lord gives us breath). We can either work in exchange for money or give money in exchange for time. If I can hollow out a canoe with time in exchange for food, I have used money (resources) in exchange for someone else's money (time + skills).

If I can figure out a way to leverage my time (may 10 canoes in the time others make 1) then I can make much more money. So... yes and no. It takes no "money" to make money, but with the right skills, I can take a little money and turn it into many canoes :-^

webdesignservice · 05-11-2009, 10:04 PM

I'll say it is False.

Well, as they say in the Gershwin song, "it ain't necessarily so!"

One way you can make money without money is through selling products online.

powerspike · 05-11-2009, 11:23 PM

You don't need money to make money, however, having money to get started will accelerate the process greatly.
You can start off small, and build up over time, if you have money to start with, you can start further up the "scale" then from scratch.

However - if you have the willingness, then you'll still go far, either way

Valorie · 05-11-2009, 11:36 PM

FALSE

It's a good excuse for not trying, though!

Biggy Fat · 05-12-2009, 12:04 AM

False if you wanna go it alone, true if you're smart and spend some. Besides, I have yet to find ANYTHING that is truly zero investment. Yes, methods themselves may have zero investment, but you will have to INVEST to learn the method. Get it?

GameOver · 05-12-2009, 12:25 AM

I think this is true. If I had $100,000 i'd buy 100x $1000 websites for 10 months revenue and in a year I would have doubled my money

ConcordeWarrior · 05-12-2009, 05:09 AM

I believe that heaps of money can be made starting from scratch. You just need to have the right idea/concept and put it to work. Sometimes it can even go worldwide.

BlackpoolHolidays · 05-12-2009, 05:17 AM

Quote:

Originally Posted by powerspike

You don't need money to make money, however, having money to get started will accelerate the process greatly.
You can start off small, and build up over time, if you have money to start with, you can start further up the "scale" then from scratch.

However - if you have the willingness, then you'll still go far, either way

Making money is one of the top reasons why webmasters create websites, in mnay ways for example selling products, displaying advertisments and membership options.

daryamconsult_aust · 05-12-2009, 05:20 AM

It's ok to start small & build slowly.
The snowball effect will eventually take over.
......you also won't lose lots of money!

richpeasant · 05-12-2009, 05:32 AM

Quote:

Originally Posted by Clintonio

My statement to them would be, that is absolutely not true. Go clean my toilet with this rag and I'll give you five bucks. Point proven.

Very intelligent and concise reply!

Still interested in more replies, no
matter which side of the fence you
are on.

Those who start with too little money are more
likely to succeed than those who start with too
much. Energy and imagination are the springboards
to wealth creation - Brian Tracy

Emmick · 05-12-2009, 05:33 AM

false i think

1 Marketing · 05-12-2009, 06:14 AM

This is not the case always. If you don't have money then first you need to make money initially it will be a slow start. But if you dedicatedly stick to collect penny by penny one thing for sure.... You'll get rich.

ShayRockhold · 05-12-2009, 10:59 AM

False.

You do not need money to make money.

The freebie methods do not make tons of money, but they can provide the funds needed for hosting, domain names, etc. Then they can help you build a more profitable business.

The trick is to re-invest your profits so you will be able to make more and more money.

btheiler · 05-13-2009, 10:51 AM

False, for sure

If you know the right methods, its easy to make money online with very little (less than $10, or the cost of a domain name). The problem for most people is finding the right methods because so many people out their release garbage that its difficult for people who truly want to make money to find the right methods.

PrettyJenny · 05-13-2009, 11:12 AM

False.
Write some articles for AssociatedContent and you will get 20 bucks easily. You set up a free blogspot and get $10 a month with Adsense on it.
Money is just like some fuel, it makes your profit fire grow bigger and faster.

mikeyg · 05-13-2009, 11:51 AM

I disagree.

I have worked as a business development consultant for the past 19 years and I have created multi-million dollar businesses for as little as $100.00 on the table.

From my experience, there is never a money problem - there is only an idea problem. You come up with the right idea and the money will always be there.

The one rule I use with all clients is always start where you are with what you have - too many people get way in over their heads with financial debt, and instead of focusing on those things that will make the business successful, they focus on their debt and end up not doing what they need to do.

This is the same as the banks telling you you need three years to get over the hump before you can make any money. I have never developed a business for a client that did not make money the first day they opened their doors. No one has pockets deep enough to last three years without earning a profit.

Vincelog · 05-13-2009, 12:18 PM

Quote:

Originally Posted by richpeasant

Do you agree or disagree with that statement?

Suppose you were teaching a class and someone
said.....

But you need money to make money.

How would you reply?

I agree. You need at least some money to make money.

Cheers,
Vincent

Greg Jacobs · 05-14-2009, 01:31 AM

When I started in IM, I had a day job that paid well

I started experimenting nights and weekend on various methods and really didn't invest much. Maybe $100 for a years hosting another $100 for some programs.

This wasn't because I didn't have the money to invest, but rather because I knew that spending lots of money upfront probably wasn't going to help me much as I had to understand the real root basics of what I was doing.

Over the course of my first year in IM, I went from $0 to about $3000 a month.

At this point I had a better handle on the industry and the ways the profits came and decided to invest some of my earnings.

At the start of my 2nd year I took a good portion of my earnings and started investing in various things.

Well this investment combined with my knowledge of how to properly invest it caused my earnings to rise to a point where I was able to leave my day job and become a full time Internet Marketer.

So I guess the moral of my story is that it is necessary to invest to get large $$ earnings, however investment without proper knowledge to guide it can be a perilous path.

Robbo · 05-14-2009, 10:21 AM

I disagree... you can go to someone else and make money by giving up your time i.e. a job... that requires no economic investment at all

eric.watson · 05-14-2009, 01:11 PM

Starting off with minimal finances meant we had to think smart!

When we first started we had spent a lot of time on our product. A lot of adjusting replanning and more adjusting. I do believe that if we had just thrown a lot of money at our project we probably would not have arrived with the successful product we have, and also we have learned a lot more by taking the time to build and grow, we have a good understanding of our product. WE know what works is current and relevant for our product.

Traveler51 · 05-14-2009, 09:40 PM

WOW! What an inspiration!
I like your blog!
Keep up the great effort!

sm97os · 05-15-2009, 06:00 AM

Its true, even if you using free internet marketing techniques, you will need money to survive with while you are waiting for those to cash in!

UnleashReality · 05-15-2009, 09:22 AM

disagree.

somebody who can make money without needing money will probably end up making a whole lot more.

Bobb30 · 05-15-2009, 01:12 PM

Money can be made on line without spending money.

The first step is to recognize a starving audience.

I think we all agree that some investments need to be made in order to
improve and progress our business.

I used to own an auto painting business. Expenses ran close to
30% of my gross sales. I watched paint increase in price 500%
over 10 years. Then throw in insurance, other supplies, etc., etc.

Internet marketing is nothing compared to that!

So, no. You don't need money. Just an on-line connection and some knowledge.

aneel90 · 05-15-2009, 02:38 PM

Nothing ventured nothing gained

You gotta spend something to start, I mean in business you need some money doesn't matter what kind of a business it is

Michael Motley · 05-15-2009, 04:18 PM

False. But it helps.

Brian W. Wang · 05-15-2009, 05:59 PM

It's best to have some money before you take on any business project that's supposed to make a high income. Management is difficult to handle, so having money makes things easier to manage.

macabhay · 05-15-2009, 06:20 PM

If there is sufficient desire, knowledge, and activity, I don't believe that having money is a pre-requisite to making money.

Xodus · 05-16-2009, 09:27 AM

You need money to make money - true or false?

True.

That is not to say it takes money to make MORE money. You need money to survive in the modern world. You have to eat, clothe, pay for medical, etc. No getting away from that.

So while you make money you have expenses whether they are investments into making more money or just using money to survive while you spend time to make money is the difference.

You need time. The more time, the more money you need.

It is definitely helpful to use money to make money though. If you have investment funds and use them appropriately you will need less time to make more money. So I would say yes.

You need money (to survive) to make money. You need money (investment) to make money faster.

I think the question might have been phrased:
Do you need to invest money to make more money?
False
You need time (and as Macabhay says) you need desire, knowledge, and activity.
But then if you (and you should) consider your time valuable it would depend on if you place that value at a monetary level or enjoyment level.

For instance, I enjoy spending time with my family. So my time spent with my family is not monetarily valued. But, I also enjoy putting together new ideas and business plans for online businesses. And since in most cases the goal is to make more money then yes, I place a monetary value on my time.

Wow, I think I just confused myself.

Danny

LastWarrior · 05-16-2009, 04:09 PM

It really depends on the situation at hand. I've been in a service industry before and whenever I sent out flyers, I got immediate calls for quotes, which led to me making money. However, I've been so broke before, back in the day, that I didn't have the money for the flyers! Hence I couldn't make money until I had the flyers to pass out!

LastWarrior

Tina Williams · 05-16-2009, 04:56 PM

Looks like everyone is in agreement...FALSE. If you are talking about making money online then you definitely don't need money to get started but once you start making money invest it back into your business to upgrade your tools.

Great thread--thanks!

@Tina_Williams

toddilee · 05-16-2009, 05:23 PM

FALSE! You need the right mindset to make money. Read and study classic books like 'The Science Of Getting Rich' and 'Think And Grow Rich' to find out what is necessary to get your mindset in the right place.

If you hold onto beliefs like 'You need money to make money', you will have a very difficult time attracting money into your life...

smcdunbiz · 05-16-2009, 10:58 PM

In my experience you need a little money to make more and then you leverage the money you have into bigger and better things.

topan · 05-18-2009, 01:58 PM

You need a skill to make little money. Then you can leverage this little money to big money.

OmarKhan · 05-18-2009, 04:54 PM

I would have to disagree. Although having absolutely no money at all does complicate the process and make it much more difficult, it is very possible and probable for an individual to make money without an initial financial base.

In my opinion, the problem rests in the instant gratification one seeks with money. People tend to Want It All..All Right Away. Being driven is good, but patience and the desire to learn and build wealth is very important.

lowcostebookshop · 05-18-2009, 04:57 PM

Hi friend...visit the site lowcostebookshop.com .earn more and more money fro selling ebooks and softwares.

TheAngelGuy · 05-18-2009, 06:31 PM

Quote:

Originally Posted by honestbizpro

You only need to know how to make money with no money.

This is one of the most quotable things I've read in a while, and an absolute truism.

Someone can throw money at something all day long, and if they don't know how to make money, they're going to lose it.

Bert Ritz · 05-18-2009, 08:01 PM

I am going to disagree with the trend here, because it most definitely takes money to make money,
You all are taking for granted some essential things that take money. Your computer, your internet connection, your hosting & domain, your autoreponder, to name a few. Those all take money. Without them, you couldn't make a dime on the internet.
Now, I sit here in front of my old Win 98 computer, on a dial up system. It takes me hours to do something that on broadband and a newer computer would take minutes.
My credit cards are overlimit right now. Can't afford a new computer, satellite connection or an autoresponder. I will one day. And I keep plugging along, because I never give up.
It would be far easier and I'd be making a lot more money than a few hundred a month if I had the funds to have the tools to be successful.

honestbizpro · 05-18-2009, 08:19 PM

Quote:

Originally Posted by 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.

"If knew two business owners, one with a product and one with a huge list that would be perfect for that product, I could broker a deal with a few emails.

"

Quote:

Originally Posted by Bert Ritz

I am going to disagree with the trend here, because it most definitely takes money to make money,
You all are taking for granted some essential things that take money. Your computer, your internet connection, your hosting & domain, your autoreponder, to name a few. Those all take money. Without them, you couldn't make a dime on the internet.
Now, I sit here in front of my old Win 98 computer, on a dial up system. It takes me hours to do something that on broadband and a newer computer would take minutes.
My credit cards are overlimit right now. Can't afford a new computer, satellite connection or an autoresponder. I will one day. And I keep plugging along, because I never give up.
It would be far easier and I'd be making a lot more money than a few hundred a month if I had the funds to have the tools to be successful.

Hey Bert,

I think we are only as limited as our imaginations.

As I said with the internet....

If knew two business owners, one with a product and one with a huge list that would be perfect for that product, I could broker a deal with a few emails.

[/quote]

I could do the exact same thing with 2 offline businesses.

One with a product, one with a list.

The 3 of us get paid.

BlueStar · 05-18-2009, 08:28 PM

Quote:

Originally Posted by richpeasant

Do you agree or disagree with that statement?

Suppose you were teaching a class and someone
said.....

But you need money to make money.

How would you reply?

I can tell you for a fact that is not true. I made my 1st million with NO money, was in debt, couldn't pay my mortgage, car payments, etc...

Those who say you need money have never made money and are not true Entrepreneurs . These people are called United Auto Workers.

Headfirst · 05-18-2009, 10:22 PM

True, but not much. No more than what you would make working an extra part time job for a month.

honestbizpro · 05-18-2009, 10:25 PM

I guess we all have a different reality.

pirdaus · 05-18-2009, 11:57 PM

Quote:

Originally Posted by richpeasant

Do you agree or disagree with that statement?

Suppose you were teaching a class and someone
said.....

But you need money to make money.

How would you reply?

i say no.. for example i now how to make money online is by free from some people in my country telling and explain how to make money online
with very great explanation

that are really good person

Maria Gudelis · 05-19-2009, 12:06 AM

Ditto on the no...

Money follows good deals...you 'create' the deal - the value proposition...money always follows...

...the tougher part is keeping it!

Riz Caan · 05-19-2009, 04:33 AM

False - but it always helps

you need an idea and action and you can always get someone elses money if you need to do something where it can't be done free.

05-11-2009, 04:31 PM	#1
richpeasant Warrior Member Join Date: May 2009 Location: UK Posts: 18 Thanks: 4 Thanked 0 Times in 0 Posts Social Networking	You Need Money To Make Money - True Or False? Do you agree or disagree with that statement? Suppose you were teaching a class and someone said..... But you need money to make money. How would you reply?

05-11-2009, 07:37 PM	#4
daneault23 Warrior Member Join Date: Feb 2009 Location: san jose, ca Posts: 15 Thanks: 0 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? I would have to say that you don't necessarily NEED money to make money but it certainly helps out. Obviously with that being said, you don't need much money to make money, but often times it's easier to have short term success with having more money. If you're looking for long term success, all you need is a willingness to succeed which doesn't involve any monetary value. You have to have that drive to be better than everyone else and prove to the people who said you couldn't make it, that you actually did make it. I love proving people wrong when they say I can't do something, and this is just one way of doing that.
	Joseph Daneault is a work from home entrepreneur who is the author of many articles relating to making money online and working from home. He reviews many so-called "get rich quick" products and give you his ideas and thoughts about them. If you're interested in making money online and want to stop wasting your hard earned money on get rich schemes that never work, visit http://www.ilovemoneymorethanyou.com

05-11-2009, 07:54 PM	#5
Li Weng Advanced Warrior War Room Member Join Date: Nov 2008 Posts: 588 Thanks: 19 Thanked 56 Times in 40 Posts Social Networking	Re: You Need Money To Make Money - True Or False? You don't necessarily need money to make money in the beginning, but to make any BIG money, you definitely need to make investments. You always gotta put in something, if not money then TIME. It's a basic trade off. Personally I'd rather invest the money to make more money while freeing up more of my time. It depends on what your personal situation and what you actually value more.
	- Insert backlink here -

05-11-2009, 10:04 PM	#7
webdesignservice Web Designer \| Developer Join Date: Apr 2009 Location: 117 N Cooper St.,Olathe KS, USA Posts: 90 Thanks: 7 Thanked 3 Times in 3 Posts	Re: You Need Money To Make Money - True Or False? I'll say it is False. Well, as they say in the Gershwin song, "it ain't necessarily so!" One way you can make money without money is through selling products online.
	7strategy \| Web Design Company - Web Developer - Web Development Company - Website Designer - Award Winning Interactive Agency

05-11-2009, 11:23 PM	#8
powerspike HyperActive Warrior War Room Member Join Date: Apr 2009 Location: Sydney, Australia Posts: 296 Thanks: 8 Thanked 34 Times in 29 Posts Social Networking	Re: You Need Money To Make Money - True Or False? You don't need money to make money, however, having money to get started will accelerate the process greatly. You can start off small, and build up over time, if you have money to start with, you can start further up the "scale" then from scratch. However - if you have the willingness, then you'll still go far, either way

05-11-2009, 11:36 PM	#9
Valorie Motivated Warrior War Room Member Join Date: Dec 2008 Location: Pacific Northwest Posts: 183 Blog Entries: 1 Thanks: 277 Thanked 37 Times in 31 Posts Social Networking Contact Info	Re: You Need Money To Make Money - True Or False? FALSE It's a good excuse for not trying, though!

05-12-2009, 12:04 AM	#10
Biggy Fat Retired Internet Marketer Join Date: Nov 2008 Location: Alabama Posts: 1,089 Thanks: 47 Thanked 123 Times in 97 Posts	Re: You Need Money To Make Money - True Or False? False if you wanna go it alone, true if you're smart and spend some. Besides, I have yet to find ANYTHING that is truly zero investment. Yes, methods themselves may have zero investment, but you will have to INVEST to learn the method. Get it?

05-12-2009, 12:25 AM	#11
GameOver Warrior Member Join Date: Oct 2008 Posts: 10 Thanks: 0 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? I think this is true. If I had $100,000 i'd buy 100x $1000 websites for 10 months revenue and in a year I would have doubled my money

05-12-2009, 05:09 AM	#12
ConcordeWarrior HyperActive Warrior War Room Member Join Date: Jan 2008 Location: The Sky is my Home Posts: 209 Thanks: 16 Thanked 22 Times in 19 Posts	Re: You Need Money To Make Money - True Or False? I believe that heaps of money can be made starting from scratch. You just need to have the right idea/concept and put it to work. Sometimes it can even go worldwide.

05-12-2009, 05:20 AM	#14
daryamconsult_aust Quick Tips for Businesses Join Date: Apr 2009 Location: Australia Posts: 68 Blog Entries: 10 Thanks: 4 Thanked 9 Times in 6 Posts	Re: You Need Money To Make Money - True Or False? It's ok to start small & build slowly. The snowball effect will eventually take over. ......you also won't lose lots of money!
	www.businessactivitytips.com www.effective-marketing-advice.com www.personal-customer-service-tips.com

05-12-2009, 05:33 AM	#16
Emmick Warrior Member War Room Member Join Date: Apr 2009 Location: Australia Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? false i think
	Australian Discount Fashion Store \| Australian Natural Health Supplement Store \| FREE Niche relevant Link Building

05-12-2009, 06:14 AM	#17
1 Marketing HyperActive Warrior Join Date: Apr 2009 Posts: 193 Thanks: 3 Thanked 15 Times in 12 Posts	Re: You Need Money To Make Money - True Or False? This is not the case always. If you don't have money then first you need to make money initially it will be a slow start. But if you dedicatedly stick to collect penny by penny one thing for sure.... You'll get rich.

05-12-2009, 10:59 AM	#18
ShayRockhold StarFleet Admiral War Room Member Join Date: Aug 2008 Location: Delta Quadrant Posts: 1,844 Blog Entries: 10 Thanks: 1,363 Thanked 625 Times in 287 Posts Social Networking Contact Info	Re: You Need Money To Make Money - True Or False? False. You do not need money to make money. The freebie methods do not make tons of money, but they can provide the funds needed for hosting, domain names, etc. Then they can help you build a more profitable business. The trick is to re-invest your profits so you will be able to make more and more money.
	"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

05-13-2009, 10:51 AM	#19
btheiler Active Warrior War Room Member Join Date: May 2007 Location: OH-IO Posts: 72 Thanks: 1 Thanked 4 Times in 4 Posts Social Networking	Re: You Need Money To Make Money - True Or False? False, for sure If you know the right methods, its easy to make money online with very little (less than $10, or the cost of a domain name). The problem for most people is finding the right methods because so many people out their release garbage that its difficult for people who truly want to make money to find the right methods.
	New Forex Products: Join the Forex Launch Calendar and receive notice of upcoming forex product launches and jv opportunities. Recent Product Launches: Surefire Trading Challenge / Macro Millionaire / Elemental Trader

05-13-2009, 11:12 AM	#20
PrettyJenny HyperActive Warrior Join Date: Apr 2009 Location: In a delicious sin Posts: 125 Thanks: 10 Thanked 15 Times in 11 Posts Contact Info	Re: You Need Money To Make Money - True Or False? False. Write some articles for AssociatedContent and you will get 20 bucks easily. You set up a free blogspot and get $10 a month with Adsense on it. Money is just like some fuel, it makes your profit fire grow bigger and faster.

05-13-2009, 11:51 AM	#21
mikeyg Warrior Member Join Date: Dec 2005 Location: , , . Posts: 29 Thanks: 1 Thanked 4 Times in 2 Posts	Re: You Need Money To Make Money - True Or False? I disagree. I have worked as a business development consultant for the past 19 years and I have created multi-million dollar businesses for as little as $100.00 on the table. From my experience, there is never a money problem - there is only an idea problem. You come up with the right idea and the money will always be there. The one rule I use with all clients is always start where you are with what you have - too many people get way in over their heads with financial debt, and instead of focusing on those things that will make the business successful, they focus on their debt and end up not doing what they need to do. This is the same as the banks telling you you need three years to get over the hump before you can make any money. I have never developed a business for a client that did not make money the first day they opened their doors. No one has pockets deep enough to last three years without earning a profit.

05-14-2009, 01:31 AM	#23
Greg Jacobs Mage War Room Member Join Date: May 2009 Location: Chiang Mai Posts: 484 Thanks: 20 Thanked 208 Times in 77 Posts Social Networking	Re: You Need Money To Make Money - True Or False? When I started in IM, I had a day job that paid well I started experimenting nights and weekend on various methods and really didn't invest much. Maybe $100 for a years hosting another $100 for some programs. This wasn't because I didn't have the money to invest, but rather because I knew that spending lots of money upfront probably wasn't going to help me much as I had to understand the real root basics of what I was doing. Over the course of my first year in IM, I went from $0 to about $3000 a month. At this point I had a better handle on the industry and the ways the profits came and decided to invest some of my earnings. At the start of my 2nd year I took a good portion of my earnings and started investing in various things. Well this investment combined with my knowledge of how to properly invest it caused my earnings to rise to a point where I was able to leave my day job and become a full time Internet Marketer. So I guess the moral of my story is that it is necessary to invest to get large $$ earnings, however investment without proper knowledge to guide it can be a perilous path.

05-14-2009, 10:21 AM	#24
Robbo Warrior Member Join Date: May 2009 Posts: 9 Thanks: 2 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? I disagree... you can go to someone else and make money by giving up your time i.e. a job... that requires no economic investment at all
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05-14-2009, 01:11 PM	#25
eric.watson Active Warrior Join Date: May 2009 Location: Christchurch, New Zealand Posts: 43 Thanks: 12 Thanked 3 Times in 3 Posts Social Networking Contact Info	Re: You Need Money To Make Money - True Or False? Starting off with minimal finances meant we had to think smart! When we first started we had spent a lot of time on our product. A lot of adjusting replanning and more adjusting. I do believe that if we had just thrown a lot of money at our project we probably would not have arrived with the successful product we have, and also we have learned a lot more by taking the time to build and grow, we have a good understanding of our product. WE know what works is current and relevant for our product.
	Looking for Internet Marketing Peers to collaborate with. This is how i make "$3,203 - $5,247 per week" If you found my post useful, please don't forget the "Thanks" button below,

05-14-2009, 09:40 PM	#26
Traveler51 Warrior Member War Room Member Join Date: May 2009 Location: Greensboro, NC Posts: 8 Thanks: 5 Thanked 0 Times in 0 Posts Social Networking	Re: You Need Money To Make Money - True Or False? WOW! What an inspiration! I like your blog! Keep up the great effort!
	J Gary Dean www.JGaryDean.com Internet Copy Writing. Good words at a fair price. "be humble and don't stumble"

05-15-2009, 06:00 AM	#27
sm97os Active Warrior Join Date: Mar 2009 Posts: 38 Thanks: 13 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? Its true, even if you using free internet marketing techniques, you will need money to survive with while you are waiting for those to cash in!

05-15-2009, 09:22 AM	#28
UnleashReality Active Warrior Join Date: Jan 2009 Location: Cape Town Posts: 41 Thanks: 10 Thanked 5 Times in 4 Posts	Re: You Need Money To Make Money - True Or False? disagree. somebody who can make money without needing money will probably end up making a whole lot more.
	www.UnleashReality.com

05-15-2009, 01:12 PM	#29
Bobb30 Bobb30 Join Date: Apr 2009 Location: St Louis Posts: 27 Thanks: 0 Thanked 2 Times in 2 Posts	Re: You Need Money To Make Money - True Or False? Money can be made on line without spending money. The first step is to recognize a starving audience. I think we all agree that some investments need to be made in order to improve and progress our business. I used to own an auto painting business. Expenses ran close to 30% of my gross sales. I watched paint increase in price 500% over 10 years. Then throw in insurance, other supplies, etc., etc. Internet marketing is nothing compared to that! So, no. You don't need money. Just an on-line connection and some knowledge.

05-15-2009, 02:38 PM	#30
aneel90 That marketing guy War Room Member Join Date: Apr 2009 Location: Dubai Posts: 107 Thanks: 16 Thanked 15 Times in 11 Posts Contact Info	Re: You Need Money To Make Money - True Or False? Nothing ventured nothing gained You gotta spend something to start, I mean in business you need some money doesn't matter what kind of a business it is

05-15-2009, 04:18 PM	#31
Michael Motley HyperActive Warrior War Room Member Join Date: Oct 2008 Location: U.S. Posts: 385 Thanks: 31 Thanked 256 Times in 182 Posts Social Networking	Re: You Need Money To Make Money - True Or False? False. But it helps.

05-15-2009, 05:59 PM	#32
Brian W. Wang HyperActive Warrior War Room Member Join Date: Nov 2007 Location: , , USA. Posts: 210 Thanks: 15 Thanked 3 Times in 3 Posts	Re: You Need Money To Make Money - True Or False? It's best to have some money before you take on any business project that's supposed to make a high income. Management is difficult to handle, so having money makes things easier to manage.

05-15-2009, 06:20 PM	#33
macabhay Student Warrior Join Date: May 2009 Posts: 26 Thanks: 2 Thanked 2 Times in 2 Posts	Re: You Need Money To Make Money - True Or False? If there is sufficient desire, knowledge, and activity, I don't believe that having money is a pre-requisite to making money.
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05-16-2009, 09:27 AM	#34
Xodus Warrior Member Join Date: May 2009 Posts: 4 Thanks: 0 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? You need money to make money - true or false? True. That is not to say it takes money to make MORE money. You need money to survive in the modern world. You have to eat, clothe, pay for medical, etc. No getting away from that. So while you make money you have expenses whether they are investments into making more money or just using money to survive while you spend time to make money is the difference. You need time. The more time, the more money you need. It is definitely helpful to use money to make money though. If you have investment funds and use them appropriately you will need less time to make more money. So I would say yes. You need money (to survive) to make money. You need money (investment) to make money faster. I think the question might have been phrased: Do you need to invest money to make more money? False You need time (and as Macabhay says) you need desire, knowledge, and activity. But then if you (and you should) consider your time valuable it would depend on if you place that value at a monetary level or enjoyment level. For instance, I enjoy spending time with my family. So my time spent with my family is not monetarily valued. But, I also enjoy putting together new ideas and business plans for online businesses. And since in most cases the goal is to make more money then yes, I place a monetary value on my time. Wow, I think I just confused myself. Danny

05-16-2009, 04:09 PM	#35
LastWarrior HyperActive Warrior Join Date: May 2009 Location: Midwest Posts: 227 Thanks: 26 Thanked 34 Times in 25 Posts	Re: You Need Money To Make Money - True Or False? It really depends on the situation at hand. I've been in a service industry before and whenever I sent out flyers, I got immediate calls for quotes, which led to me making money. However, I've been so broke before, back in the day, that I didn't have the money for the flyers! Hence I couldn't make money until I had the flyers to pass out! LastWarrior

05-16-2009, 04:56 PM	#36
Tina Williams KLT Coach War Room Member Join Date: Apr 2008 Location: Sunny Florida, USA. Posts: 349 Thanks: 186 Thanked 151 Times in 107 Posts Social Networking Contact Info	Re: You Need Money To Make Money - True Or False? Looks like everyone is in agreement...FALSE. If you are talking about making money online then you definitely don't need money to get started but once you start making money invest it back into your business to upgrade your tools. Great thread--thanks! @Tina_Williams
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05-16-2009, 05:23 PM	#37
toddilee Warrior Member Join Date: May 2009 Posts: 15 Thanks: 0 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? FALSE! You need the right mindset to make money. Read and study classic books like 'The Science Of Getting Rich' and 'Think And Grow Rich' to find out what is necessary to get your mindset in the right place. If you hold onto beliefs like 'You need money to make money', you will have a very difficult time attracting money into your life...

05-16-2009, 10:58 PM	#38
smcdunbiz Warrior Member Join Date: Mar 2009 Posts: 28 Thanks: 0 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? In my experience you need a little money to make more and then you leverage the money you have into bigger and better things.

05-18-2009, 01:58 PM	#39
topan Active Warrior Join Date: Feb 2009 Posts: 51 Thanks: 5 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? You need a skill to make little money. Then you can leverage this little money to big money.

05-18-2009, 04:54 PM	#40
OmarKhan Banned Join Date: May 2009 Posts: 51 Thanks: 2 Thanked 6 Times in 5 Posts	Re: You Need Money To Make Money - True Or False? I would have to disagree. Although having absolutely no money at all does complicate the process and make it much more difficult, it is very possible and probable for an individual to make money without an initial financial base. In my opinion, the problem rests in the instant gratification one seeks with money. People tend to Want It All..All Right Away. Being driven is good, but patience and the desire to learn and build wealth is very important.

05-18-2009, 04:57 PM	#41
lowcostebookshop Low Cost Ebook Shop Join Date: May 2009 Posts: 1 Thanks: 0 Thanked 0 Times in 0 Posts	Re: You Need Money To Make Money - True Or False? Hi friend...visit the site lowcostebookshop.com .earn more and more money fro selling ebooks and softwares.