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Unread 2nd March 2011, 02:51 PM   #51
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 2nd March 2011, 09:00 PM   #52
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 2nd March 2011, 10:01 PM   #53
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Default Re: It Takes Money to Make Money? Do YOU Agree?

Hmm, depends on how you're trying to make money, really..
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Unread 3rd March 2011, 11:33 AM   #54
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 3rd March 2011, 04:11 PM   #55
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 3rd March 2011, 04:55 PM   #56
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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

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Unread 15th March 2011, 05:32 AM   #57
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 15th March 2011, 11:34 AM   #58
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 15th March 2011, 11:45 AM   #59
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 15th March 2011, 12:03 PM   #60
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 15th March 2011, 12:14 PM   #61
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 15th March 2011, 01:13 PM   #62
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 15th March 2011, 03:08 PM   #63
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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.

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.

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Unread 15th March 2011, 05:17 PM   #64
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 19th March 2011, 09:08 PM   #65
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 20th March 2011, 08:55 AM   #66
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 20th March 2011, 04:57 PM   #67
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 20th March 2011, 04:59 PM   #68
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 20th March 2011, 05:14 PM   #69
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 20th March 2011, 07:23 PM   #70
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 21st March 2011, 04:12 AM   #71
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Default Re: It Takes Money to Make Money? Do YOU Agree?

i love this guys

if god made 2 like you
i want it 1 for my self
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Unread 21st March 2011, 05:45 AM   #72
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Default Re: It Takes Money to Make Money? Do YOU Agree?

you dont need money to make money.. if you have the skills you can create money out of thin air..

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Unread 21st March 2011, 06:47 AM   #73
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 22nd March 2011, 05:02 AM   #74
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 22nd March 2011, 05:09 AM   #75
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 22nd March 2011, 05:38 AM   #76
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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!

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Unread 22nd March 2011, 08:13 AM   #77
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Default Re: It Takes Money to Make Money? Do YOU Agree?

Quote:
Originally Posted by chrisbiz View Post
Great post.

Its true, having something to start with may be an advantage or a bonus but ITS NEVER a pre-requisite to become successful and make money.

Its hard work, commitment and perseverance that will make you one, and also,
BE RESOURCEFUL!!!

We are always presented with options at hand. Make use of the available free resources everywhere. Its just a matter of determining which one work and not work.

Again, it only takes YOU to be successful, to make money, not money to make money.

Regards.
Chris
precisely correct! its in your will to do the hardwork to be successful and resourceful in every endeavor without money, but it can help in any ways.

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Unread 22nd March 2011, 12:16 PM   #78
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Default Re: It Takes Money to Make Money? Do YOU Agree?

No. All you need is an idea.
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Unread 22nd March 2011, 04:27 PM   #79
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Default Re: It Takes Money to Make Money? Do YOU Agree?

how can you hard work if you don't even have skills. so the first thing to do is outsourcing
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Unread 22nd March 2011, 07:42 PM   #80
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Default Re: It Takes Money to Make Money? Do YOU Agree?

great dude.. thanks.......
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Unread 22nd March 2011, 07:53 PM   #81
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Default Re: It Takes Money to Make Money? Do YOU Agree?

Quote:
Originally Posted by cyberdenizen View Post
Last year, I posted a thread frantically asking fellow Warriors to help me. I wanted to start a business, but I only had a dollar in my PayPal account.

Today, I now have my very own ghostwriting website. I hired myself out at oDesk. With my earnings, I bought a ghostwriting course and a domain and paid for hosting. Ghostwriting is no longer just a job for me; it has become a business. I will branch out to other online businesses once I have enough money to invest. I look forward to the day when I'm making millions.

So yes, Paul is right. It all boils down to mindset. We have to believe it's possible to become wealthy starting with nothing. However, our faith and belief must be coupled with action. We need to do what it takes to make our dreams come true. Best wishes, everyone!
cyberdenizen, you are right on!! OP, good thread. great question. My hero and inspiration for building an IM business is Tiffany Dow. I believe that she started her flourishing IM biz w/ as many free resources as she could find; once she started earning some income from offering a service through she internet like ghostwriting, she could then afford to invest some money in her business.

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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Unread 24th March 2011, 07:38 AM   #82
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 24th March 2011, 08:39 AM   #83
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 24th March 2011, 08:43 AM   #84
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Default Re: It Takes Money to Make Money? Do YOU Agree?

I agree, I takes Time and bit of LadyLuck to make money. It is a famous quote which says
Quote:
Oppurtunities Knock at your doors but you still have to open the door to invite it
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Unread 24th March 2011, 08:58 AM   #85
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 24th March 2011, 09:06 AM   #86
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Default Re: It Takes Money to Make Money? Do YOU Agree?

Quote:
Originally Posted by Grazina Ajana Szewczyk View Post
It sure helps if you have money. If you can afford good software and outsourcing instead of using trial versions and open source, and doing everything from installing shopping carts to writing articles, it makes it easier.

Not to mention that the results are probably better, unless you're a genius with 24/7 free time
Exactly, money makes it alot easier. Yes, it's POSSIBLE to achieve great success starting from nothing, but it's not likely. That is like saying that a person in a footrace can still win even if they have to start from 30 yards behind his competitors starting point.

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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Unread 24th March 2011, 09:28 AM   #87
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 24th March 2011, 09:32 AM   #88
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Default Re: It Takes Money to Make Money? Do YOU Agree?

inspiring! Richard Branson is my personal idol.
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Unread 24th March 2011, 11:11 AM   #89
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Default Re: It Takes Money to Make Money? Do YOU Agree?

Quote:
Originally Posted by Andre Hegge View Post
You have to invest something, whether it is your time or money does not matter that much. If you canīt afford to spend 1 dollar then you just have to work to get the money you need to get started - because you will need money somewhere down the line.
Andre, that's well put. You have to invest *something.* That eliminates the folks who expect to get rich quick. Ain't gonna happen! You've either got to invest time, if you don't have money, or if you're fortunate enough to have money, then you can invest that, but my guess is that a certain amount of that money is going to be wasted on buying scam products.

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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Unread 24th March 2011, 11:12 AM   #90
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Quote:
Originally Posted by Meozyn View Post
inspiring! Richard Branson is my personal idol.
me too. that's one cool dude. Now *he's* a guy that knows what to do w/ money!
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Unread 25th March 2011, 03:47 PM   #91
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Default Re: It Takes Money to Make Money? Do YOU Agree?

You do need money to make a start so yes,I agree.
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Unread 28th March 2011, 05:18 AM   #92
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 28th March 2011, 08:11 PM   #93
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Default Re: It Takes Money to Make Money? Do YOU Agree?

You can make money with just WordPress, Hosting, and honest offers
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Unread 29th March 2011, 12:10 AM   #94
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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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Unread 29th March 2011, 01:51 AM   #95
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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

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Unread 29th March 2011, 04:24 AM   #96
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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Originally Posted by scortillion View Post
Many people say it takes money to make money and if you donít have it you cannot succeed. Do you agree? I do not!

I read a great deal and Iíve seen many, many people that have started with noting or in debt to go on to be millionaires and billionaires.

Take A.T Stewart who was a poor boy from New York, he started with a $1.50, lost over half of him money in a business attempt, learned his lesson, then took the remaining .63 cents and grew that into a $40,000,000 empire.

John Jacob Astor (of the famous Astors) came to America in debt owing the money for his fair to cross the Atlantic only to create the fortune that the Astor family enjoys today.

Yet another person was a poor man that was living in Hingham, Massachusetts who was out of work and no money to his name, the only thing he has was some firewood and a pen knife and a skill to carve.

At the urging of a friend he began to carve toys and sold them through a boot and the shoe store next to his house. He went on to become the richest man in Massachusetts with a worth over 100 million dollars.

A woman in New Britain, Connecticut was tired of buttons, and after some thought she went on to invent the snap that we find on the cloths we wear today. She went on to be worth many millions of dollars.

There is also the well know Andrew Carnegie who came to America from Scotland without a penny to his name only to become one of the richest men in America.

So the next time someone tries to tell you that the only way to become wealthy is to have money do not believe them for one second. Donít waste your time trying to convince them otherwise because they will hold onto that excuse with their lives. If they were to agree that it wasnít true they would have to face the fact that they were not wealthy because it was their own fault.

Once you have money you can multiple it faster, but you do not need money to become wealthy. Look at what you have, what resources do you possess, what do you love to do, and see who is looking for your service or the products you are capable of making.

Read the classic books on success and the newer ones and you will see the common factors through all. Find your Burning Desire and then make it happen. Never give up, read, study, ask others and if you fall and fail, pick yourself up, dust yourself off and get back on the path to your goal.

James Darren Davis


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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Unread 29th March 2011, 10:05 AM   #97
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 29th March 2011, 11:56 AM   #98
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 29th March 2011, 11:58 AM   #99
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Default Re: It Takes Money to Make Money? Do YOU Agree?

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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Unread 29th March 2011, 06:49 PM   #100
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Default Re: It Takes Money to Make Money? Do YOU Agree?

Take the owner of macdonaldmarine.com (the largest freshwater marina in canada) for example, an entrepreneur who started with $0, now is worth more than this A.T Stewart.

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