Does It Take Money To Make Money?

50 replies
To be honest I'm not really an entrepeneur, over the years I've tried a few home businesses and did ok-many of us here have tried more then one HB and failed, there is one thing I've learned throughout the process, it takes money to make money, and from a point of view (from a blue collar guy) that advertising is everything, I see everyone here looks to be doing pretty good for themselves. But after purchasing a few ebooks here many seem to be identical. It's like someone reads it and puts their spin on it to try and sell the same book? After reading all of these I've come to realize that it does take money to make money, and finding the correct category-NOT keywords works so much better when analyzing keywords. I'd just like to know has this effected anyone's personal goals by not being able to afford to advertise on search engines?
#afford to advertise #analyzing keywords #make #money #personal goals
  • Profile picture of the author Ryan Johnson
    I think it would be easier to get to the top faster if you could throw big money at it right away. Is it possible to do alright starting out with less? Yes, but you have to pick and choose your battles and spend wisely.

    Where to spend wisely is the question. Buying every ebook training course that promises huge returns doesn't seem like a good idea to me. The person making the huge return just sold you a book. Maybe there's some good ones out there, but free information is everywhere.
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  • Profile picture of the author pethanks
    Yes, you need money to earn money. In other words you need a capital to put up a business.
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  • Profile picture of the author Rodrigo Werner
    for bigg money you need to invest money...but if you're looking for some small money you can do it free! just search the forum you'll find alot of people helping out!
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  • Profile picture of the author jesus72knight
    Yes. It's like you need a seed to have lots of seeds. Capital is one of the factor that makes a business successful. A business couldn't move when the capital is limited.
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  • Profile picture of the author redcell1
    I am conflicted about this question. I would say it does take money to make money but also if you have the time you can subsituie.

    Now if you don't have time then you have the money, but if you don't have time nor the money then your out of luck. (Unless you can persue people to do both)
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  • Profile picture of the author odeskguide
    Based on my experience, I have to say that we really do need some money to make some more money. Right investment is the key and we should learn to risk as we don't know whether it will be successful or not.

    If you don't have the money to invest, might try some freelancing work to gain some. I started up in odesk only earning $.30 per hour for creating youtube accounts until I learn what SEO is and start learning it more. Without bragging, I am proud that after a year of hard work I am now earning $1000 or more in a month which is a great deal for me..

    Strive hard and you will be rewarded for it.
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    • Profile picture of the author ewilner
      can you get in contact with me
      i would love to hire you to do soem seo
      ewilner at gamil dot com
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  • Profile picture of the author Billy Rey
    a big YES.

    But since we are internet marketers, our capital needs are low.

    BUT

    to scale up, you need the cash, start thinking ROI and how you can invest what you earn and make it even bigger.

    Think about it this way, if you can ease yourself away from the work by letting other people do it, then you will have time to come up with more ideas.

    If you paid x amount and can potentially get 50% more then go for it.

    Time is key, yet money will empower it. Go make money! PROFIT!
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  • Profile picture of the author ramonacole
    Of course you need to invest money in a business if you want to succeed.
    Sometimes advertising is not the best option, but you're right — it makes things easier for you to succeed. Also it takes more money, so you definitively need to give back some money too, not only grab them and spend.
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  • Profile picture of the author maidmarion
    Yes, money is involved! But once you learn a good system, it shouldn't cost you too much. Adwords sucked my money, as I didn't know what I was doing. But if you learn SEO techniques, they don't take money, they just take more time!
    But you can outsource the seo work - but that takes money! & some do it pretty cheaply.
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  • Profile picture of the author dwave
    Yes it always takes money, thats why it's good to have a part time job or something. I have a VA that I pay $200 a month, and hes a rock star creates websites over a weekend for us. So hes worth the expense.
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  • Profile picture of the author Biggy Fat
    Don't fall for the crap that says you can make money with no investment. The only way to do that is to get a job. So yes, you WILL need money to make money.
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  • Profile picture of the author Daryl Lim
    You can use effort, time and some brains to make money without money.
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  • Profile picture of the author yukon
    Banned
    [DELETED]
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    • Profile picture of the author scortillion
      Originally Posted by yukon View Post

      No, you don't need seed money for IM!

      1) Blogger
      2) Adsense
      3) Invest all Adsense earnings into BIDU
      4) 475.90% (BIDU) return over the last two years.

      Use your head to make money...
      I agree. You don't need money to make money, just your brains.

      Having money will allow you to do it faster, but you can also lose it faster too.
      I've taken 30,000 and turned it into 100,000 in 6 months...

      BUT I've also taken 100,000 and turned it into 40,000...

      So, yes money does help you gain it faster, but it also helps you lose it faster, what makes the difference is learning and your brains.
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      • Profile picture of the author AwesomePossum
        If you have enough money to buy a domain and hosting that's all you need to make a lot of money online....

        You said you're into SEO and it's the best marketing method besides syndication and JVing(both are SHOCKINGLY FREE)

        And honestly, you can make money on free blogs too...it's just having your own domain is a huge because you own it and you can sell it off in time.
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      • Profile picture of the author paulie888
        Originally Posted by scortillion View Post

        I agree. You don’t need money to make money, just your brains.

        Having money will allow you to do it faster, but you can also lose it faster too.
        I’ve taken 30,000 and turned it into 100,000 in 6 months…

        BUT I’ve also taken 100,000 and turned it into 40,000…

        So, yes money does help you gain it faster, but it also helps you lose it faster, what makes the difference is learning and your brains.
        Great point. Some people here seem to keep wishing about having a certain amount of money to invest in online advertising and IM tools and resources, but they don't realize that without possessing the proper experience and knowledge first, they're more than likely to squander it all away. It's not unlike gambling, especially when you're a newbie who has a ton of money to spend on IM.

        As a matter of fact, I'd recommend that newbies spend the least amount of money possible (and mainly use free methods) initially even if they have a ton of money to blow, because putting money for IM into the hands of a newbie is just like giving a loaded gun to a toddler!

        Paul
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  • Profile picture of the author Daryl Lim
    Wow yukon, 1.6k posts in 5 months here on WF and I never saw you around before. Awesome
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  • Profile picture of the author dadamson
    it is very hard, slow, and painful to make money without money.

    Of course it's possible, but it's more likely you will run out of steam before you even get anywhere.

    If it was that easy everyone would be making money.

    Get some income to start outsourcing things. This will increase your acheivements ten-fold and you will be moving at a pace that earns you money without burning yourself out.
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  • Profile picture of the author QuinNguyen
    Definitely a yes but I got lucky when I first started out. Site just got real big and started earning some big money through CPM network. You have to be at the right place in the right time I guess.
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  • Profile picture of the author fazlerocks
    "as you sow, so shall you reap"...

    Thus you have to invest to get a profit out of your business.
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  • Profile picture of the author QuinNguyen
    Also, you don't want to invest too much on ebook lol info overload is very bad xD
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  • Profile picture of the author brandasaur
    You actually don't need money to start earning. I earned from my design skills. If you have any skill that can sell use it.
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  • Profile picture of the author rahulbatra
    Yes you are correct that it takes money to make money. I had read many such things here that in starting they say its free but in the end they mention buy now. This is really ridiculous.
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    • Profile picture of the author QuinNguyen
      Originally Posted by rahulbatra View Post

      Yes you are correct that it takes money to make money. I had read many such things here that in starting they say its free but in the end they mention buy now. This is really ridiculous.
      Big trap..I bet you there is a little link in every report that lead you to the opt in form
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  • Profile picture of the author SPMassie
    It doesn't take money to make money. What it really takes is intelligence and perseverance. If you don't have of money then start small and work your way up. That's what I did
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  • Profile picture of the author 72K.org
    At some point YES it does TAKE MONEY TO MAKE MONEY!

    Have you ever heard of the saying ... let your money work for you?

    That's exactly right, hire someone to do your work
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  • Profile picture of the author Baakari Smith
    Really money is the matter that deals with every thing. it is true that in business world, you need some capital for you so you could start in it.
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  • Profile picture of the author sparklesage
    make use of your time, effort wisely, use your skills to start earning decently from the net and make as much money as you want.
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  • Profile picture of the author Justin Says
    I disagree with what a lot of people are stating here (except for LD and a few others).

    It does not take money to make money. Yes, I myself spent a little bit in the beginning, but I didn't have to. I only chose to do this because I had the money. But honestly... if you don't have money, that doesn't mean you can't make money from nothing.

    In the past year I have gotten to the point where I had almost nothing left. Heck last week I had less than $50 in my bank account. But guess what? I took a little time (without spending money) and in the past week I've made over $1,300 and that's still going to grow.

    I'm not really trying to put myself in the situation but its the only way I can share my experiences.

    So in conclusion, NO you do NOT need money to MAKE money It's very possible to build a very nice amount of income without spending anything at all.
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  • Profile picture of the author IMoptimizer
    Of course you need money to make money, it's part of life. We all have to deal with it the best way we can. Sometimes shelling out cash to start a business can be the best thing you've ever done, or it could be the worst thing you'll ever do. You just need to know your business will work in this economy, if not, don't try it.
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  • Profile picture of the author bobbobson
    I think it takes less these days - Or more to the point, I think you can invest more money in things like advertising, and avoid spending money on software etc. So much is now available online for free.
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    • Profile picture of the author IMoptimizer
      Originally Posted by bobbobson View Post

      I think it takes less these days - Or more to the point, I think you can invest more money in things like advertising, and avoid spending money on software etc. So much is now available online for free.
      I believe that is true. A lot of work can be done with less money these days. Plus you can save by advertising with twitter and facebook, that is if you have a wide range of followers.
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  • Profile picture of the author Darla
    For certain "service" business where you sell your skills or services, you may not need any money to get started. But for most business that you may be interested in, you will DEFINITELY need money to make money. No doubt about it.

    Especially if you are a beginner and want to make money online there will be a learning curve so you may need to invest in yourself to get "educated" about how to make money online. Then to be most effective and efficient you will need to invest in the "tools of the trade".

    The good thing about IM is that you dont need half as much money to get started online, as you would need for a "traditional" brick and mortar business. But you will need money to start a business.
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  • Profile picture of the author megalinktraffic
    not necessarily you need not need money to make money there are sites which gives this option like fiverr,adsrapidmoney etc where you can display your product and real people buy from you and you make even more money or display ads in your website or blog and get paid from your traffic check it out and then once you make money you can advertise and earn even more money..
    rueben
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  • Profile picture of the author Justin Says
    I don't understand why so many people continue to state that you do need money It's a FACT that you do not. Money can just help make it faster. But honestly.. go mow a yard, collect $20 and then take that $20 and start learning. $20 can go a loooooong way. But it'll just take more time, that's it.
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  • Profile picture of the author Radcliff
    Yes you have to invest money.But only that is not sufficient.You have to work hardly and use your mind in the right way.Also when investing you have to make sure to invest in a sensible and useful way.
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    • Profile picture of the author windwhirl
      Yes, it takes money to make money. Unless someone just hand you a business out of generosity.. which is a miracle these days, or even days way way before today. Selling your services will also take money. You acquired your skills through studying and you paid for the lessons you took. There was still an investment somewhere, not just directly. Nowadays, you cannot move without shelling out money. So who intended money that it is now so powerful?
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  • Profile picture of the author rcritchett
    Great post, great replies and great topic! Definitely I agree that with some things, it most certainly takes money to make money. I've created money with TIME! I started off broke, but with a lot of time, and hours of working on my own psychology. I believe that the first thing we need is to elicit our own resources. If you have the psychology of a millionaire, even if you're broke, it's easy to go out there and create money. Nice post, thanks for sharing!
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  • Profile picture of the author Leather
    Money is just a form of a 'barrier of entry' - things with higher barriers of entry are usually more profitable because they are harder to get into and therefore less competitive.

    So if you don't want to invest money my best advice would be find something that has a HIGH barrier of entry that is not financial.

    Examples of that are start a business that has a ton of red tape and just takes a ton of time to start but doesn't require a lot of capital or something that requires special licensing or connections that you have access to.
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  • Profile picture of the author jushuaburnham
    Indeed it takes money, time and effort in order to make money.
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  • Profile picture of the author Yasir Farooq
    to start a business you need to invest money.
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  • Profile picture of the author ryanbiddulph
    No!

    Whoever tells you this either has something they want to sell you OR they've picked up the idea from someone who isn't creative.

    This is one of the most crippling limiting beliefs out there.

    Money is an idea. Are you charged per idea?

    You can tap into an infinite flow of creative, prospering ideas in a moment's notice.

    I've generated handsome cash flow using all FREE advertising methods. Haven't paid a cent for my marketing campaign and I am doing OK

    RB
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  • Profile picture of the author PLR Basket
    You don't need money to raise capital, all you need is a good idea and good salesmanship...
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    • Profile picture of the author naruq
      I have started businesses with little or no money. If you have a solid business plan you can use opm-other peoples money. You can attract investors.
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  • Profile picture of the author PeterDunin
    In my experience it does because with money it can allow you to expand your business more quickly.
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  • Profile picture of the author tandren544
    A wise man once told me:

    Big seed makes big tree.
    Little seed makes little tree.
    Little tree can make big seed.

    Read between the lines on that one!

    Maybe I had too much coffee this morning
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  • Profile picture of the author rickcast66
    But you could start with nothing and reinvest your earnings as you go, no?
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  • Profile picture of the author RyanLow
    It sure does. That was what I did when I initially started out in cpa marketing. Investing minimally on some basic stuff and reading around the War Room to equipped myself with the necessary knowledge. I started out with free methods, got some successes and little profits where I used to reinvest in paid traffic to bring in more income
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  • If you want money then you have to invest money, that's what it is. Spend money to put your website on better ranking through PPC. Spend money for premium listing and so on.
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  • Profile picture of the author KrystenRae
    Technically, if you have a marketable skill, you could sell your services on sites like elance.com for very little, but ultimately you do need to invest money in order to make it. Even when selling a service you need to brand yourself and play the part, which often requires money (unless of course you can design your own website, logo, etc.).
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