It Takes Money to Make Money? Do YOU Agree?

by scortillion 979 replies
Many people say it takes money to make money and if you don’t have it you cannot succeed. Do you agree? I do not!

I read a great deal and I’ve 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. Don’t 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 wasn’t 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
#mind warriors #agree #goals #make #money #success #takes #wealth
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  • Profile picture of the author chrisbiz
    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
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    • Profile picture of the author Jurrie
      i'm a firm believer of doing it yourself without a huge amount of money to start with.
      Remember back in the days , the big names also started with nothing.
      Don't get overwhelmed with offers, do your own thing, and as the op mentioned : read, learn, fall down, stand up again , learn , read

      if you have the motivation to succeed , you will succeed , if you think your project is doomed , then don't even start , that is the wrong mindset !

      Good luck to all of the starters here !

      Jurrie
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      • Profile picture of the author scortillion
        Originally Posted by Reallyranting View Post

        i'm a firm believer of doing it yourself without a huge amount of money to start with.
        Remember back in the days , the big names also started with nothing.
        Don't get overwhelmed with offers, do your own thing, and as the op mentioned : read, learn, fall down, stand up again , learn , read

        if you have the motivation to succeed , you will succeed , if you think your project is doomed , then don't even start , that is the wrong mindset !

        Good luck to all of the starters here !

        Jurrie
        Motivation is the key; if you don’t have that you aren’t going anyplace. That’s what I believe.. Thanks for commenting enjoyed your point of view.
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      • Profile picture of the author MelJames
        Great points.

        Having financial resource is a huge help but starting a business will always involve challenges and you have to be ready to face them. You don't always need to start with big money, you can start with a few dollars, less than $100 perhaps and make it grow. A lot of millionaires today started from scratch. And some may have suffered losses but through motivation, have been able to stand up again and become a bigger business.

        Originally Posted by Reallyranting View Post

        i'm a firm believer of doing it yourself without a huge amount of money to start with.
        Remember back in the days , the big names also started with nothing.
        Don't get overwhelmed with offers, do your own thing, and as the op mentioned : read, learn, fall down, stand up again , learn , read

        if you have the motivation to succeed , you will succeed , if you think your project is doomed , then don't even start , that is the wrong mindset !

        Good luck to all of the starters here !

        Jurrie
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    • Profile picture of the author scortillion
      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
      Having some money helps, but you can earn that on a job while you build your foundation for you empire. I agree with you the YOU is the most important part to becoming successful.

      Thanks for the commenting
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      • Profile picture of the author Vikki
        Very enriched post lol.I totally agree with the concept that it takes money to make money.
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      • Profile picture of the author franburns21
        i agree with you but have to admit i learned the hard way , i spent alot of money thinking that in order to make more i had to first spend some , i only wish that i knew the things i know now ,but there is no use crying over spilt milk because its all about making mistakes and learning from them. im alot more confident now and more aware of the hype out there that is ripping people off so im kind of glad the way things worked out as its taught me alot and i eventually found a programme that has made me alot of money from a very small one time investment ,so i 100% agree that with the right knowledge and guidance you can make money with very little or none at all .
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    • Profile picture of the author ashleysmith
      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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    • Profile picture of the author Una1
      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!!!
      Agreed with Chris, and this is definitely one characteristic of Pinoy that we can be proud of!
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    • Profile picture of the author omk
      I think to a certain degree, you must have some money to bump yourself to the next level. But I still think that you can achieve a lot on a limited budget.
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    • Profile picture of the author chykee
      This is a really nice post.
      Well, i would say it takes what you have to get what you want.Whether being broke or not, i think you really don't need money to get money...You need determination, courage and most importantly NEVER GIVE UP... Everything else will follow.
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      Read the forum rules! And STOP posting nonsense one-liners, before you lose your account.

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    • Profile picture of the author Wakiondo
      thank you for the informative article
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    • Profile picture of the author allina11
      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
      I am agree with you, really starting any kind of business need positive attitude and confidence.
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    • Profile picture of the author RShantel
      Yes,I would say there is no doubt in it that it takes money to make money but the amount depends on our intelligence n effectiveness.
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    • Profile picture of the author devonm
      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
      Money is a bonus. My PPC did not work, so I reverted to Youtube. Got something happen on a video before and all through free resources that I got. It means I will return to youtube like a dog returns to *****. It works! Youtube can be a trusty little bugger. I like it fortunately because I DID have an event happen there and I plan to repeat it. Good event, actually.
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  • Profile picture of the author Raja Kamil
    I agree with you, but to accomplish something you need to sacrifice the others.

    One may trade money with his time.
    Or other, they trade the ego (making debt is not prestigious at all)

    Nice post by the way.
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    • Profile picture of the author scortillion
      Originally Posted by Raja Kamil View Post

      I agree with you, but to accomplish something you need to sacrifice the others.

      One may trade money with his time.
      Or other, they trade the ego (making debt is not prestigious at all)

      Nice post by the way.
      You are so correct! Time is one of the key factors. In the beginning you have to invest the time to make the money. After you make the money then you can trade the money for someone else's time and make even more money.

      Enjoyed your comment.
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    • Profile picture of the author gie grace
      Originally Posted by Raja Kamil View Post

      I agree with you, but to accomplish something you need to sacrifice the others.

      One may trade money with his time.
      Or other, they trade the ego (making debt is not prestigious at all)

      Nice post by the way.
      Hear2x!!

      You don't necessarily need to have money to get money. You can use your skills, your ideas and your creativity, learn how to market them, and earn money.

      But money is DEFINITELY one way of leveraging things!

      From an Internet marketers perspective, you need to outsource certain tasks (you need money for this) in order to free up time for you to focus on other important things.

      Now if you're just starting, and you don't have enough sPare money to invest in softwares and outsourcing, you CAN do things yourself. But it will take time. After all, you're only one person and you only have 24 hours in a day (minus sleeping, eating and other daily activities). But it is one way of learning the ropes in Internet marketing.

      So in the IM world, although it doesn't take money to have money, you'll have money faster by investing money!

      Cheers,

      Gie
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      • Profile picture of the author scortillion
        Originally Posted by gie grace View Post

        Hear2x!!

        You don't necessarily need to have money to get money. You can use your skills, your ideas and your creativity, learn how to market them, and earn money.

        But money is DEFINITELY one way of leveraging things!

        From an Internet marketers perspective, you need to outsource certain tasks (you need money for this) in order to free up time for you to focus on other important things.

        Now if you're just starting, and you don't have enough sPare money to invest in softwares and outsourcing, you CAN do things yourself. But it will take time. After all, you're only one person and you only have 24 hours in a day (minus sleeping, eating and other daily activities). But it is one way of learning the ropes in Internet marketing.

        So in the IM world, although it doesn't take money to have money, you'll have money faster by investing money!

        Cheers,

        Gie
        Great point! You can start making money without having money; but to grow your money you need to invest the money you earn. The more money you earn the more money you can make.

        BUT, what a lot of people don't realize is that not only can you earn money faster when you have money, but you can also lose it fast too!
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    • Profile picture of the author copystud
      Originally Posted by Raja Kamil View Post

      I agree with you, but to accomplish something you need to sacrifice the others.

      One may trade money with his time.
      Or other, they trade the ego (making debt is not prestigious at all)

      Nice post by the way.
      This is true for sure. Short of winning the lottery: you either need to spend money or time. "Time is money" as the age-old quote goes. So really even if you aren't spending physical cash, you're still spending, cause you could be working at a minimum wage job during the time you are building an empire and making cash.

      I'm all for being an entrepreneur though; just offering a different perspective.
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  • Profile picture of the author alcymart
    I would say it takes money but little if any of it if one uses his smarts. That's my own experience online, started with nothing, joined Clickbank for free, started promoting some hops and took me a year learning/promoting before I finally made $4.21 for a lone sale at Clickbank.

    I reinvested the $4 back and pitched in much more to get a hosting provider which were expensive at the time for my first web site which took me almost a full year to build up 7 or 8 pages worth. So It took no money to get first sale but if I wanted to reach my next short term goal, I had to invest for hosting, then it wasn't until eBay popped up before I started earning a good income.
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    • Profile picture of the author scortillion
      Originally Posted by alcymart View Post

      I would say it takes money but little if any of it if one uses his smarts. That's my own experience online, started with nothing, joined Clickbank for free, started promoting some hops and took me a year learning/promoting before I finally made $4.21 for a lone sale at Clickbank.

      I reinvested the $4 back and pitched in much more to get a hosting provider which were expensive at the time for my first web site which took me almost a full year to build up 7 or 8 pages worth. So It took no money to get first sale but if I wanted to reach my next short term goal, I had to invest for hosting, then it wasn't until eBay popped up before I started earning a good income.
      I agree that you need money to put back into your business and that can be earned from a job while you develop your future business. That is something I’m currently doing, it helps that I my “day job” is in the IT field so I what I do reinforces my online venture.

      But that’s all part of the process, doing what you have to, to build your business and become successful.

      Thanks for sharing and glad to hear you’re doing good online now.
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      • Profile picture of the author alcymart
        Originally Posted by scortillion View Post

        I agree that you need money to put back into your business and that can be earned from a job while you develop your future business. That is something I’m currently doing, it helps that I my “day job” is in the IT field so I what I do reinforces my online venture.

        But that’s all part of the process, doing what you have to, to build your business and become successful.

        Thanks for sharing and glad to hear you’re doing good online now.

        I wasn't always doing good, don't get me wrong. Even nowadays there are some good months and the not so good ones. There's always another hill to climb. I am much happier now than I was back then even though my earnings have dropped considerably.
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      • Profile picture of the author iyaregary
        It is not the basis of all but idea is the king,but it does surplement
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    • Profile picture of the author MIRENGE
      Sometimes yes because you need to invest and sacrifice some money for you to be successful.
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    • Profile picture of the author momfriend
      Hey, I would like to know, I hear people saying they get paid nicely every week from clickbank affiliate... How is that? I still can't find the answer.
      I have a click bank account. promoted on a junk website and NO $$$$
      anyone why please ?????
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  • Profile picture of the author RaptorGabe
    AWESOME post , I like the outa the box thinking! And I am a very firm believer that you can start with nothing and end with everything. However, that being said on the route to everything you may have to flip a few burgers first . Maybe thats just me though....
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  • Profile picture of the author Michael Ten
    it helps, but probably is not mandatory
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  • Profile picture of the author Tenshi
    The only way to beat fire is to use fire.

    Why not the same concept go for money.
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    • Profile picture of the author Greg guitar
      Originally Posted by Tenshi View Post

      The only way to beat fire is to use fire.

      Why not the same concept go for money.

      I have heard that on the cutting edge of the field of fire-fighting the mavericks are using an obscure liquid known as H2O, with promising results, so who knows, they might stop fighting fires by lighting new ones soon.

      On the cutting edge of the field of going from dead broke to running a profitable business, is a new concept known as "offering your skills and time in exchange for some start-up dough".
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  • Profile picture of the author entrepreneurjay
    Great post and I agree 100% I ran into a guy the other day who said you need money to make money. That is just an easy way of justifying a persons failures.
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    • Profile picture of the author scortillion
      Originally Posted by entrepreneurjay View Post

      Great post and I agree 100% I ran into a guy the other day who said you need money to make money. That is just an easy way of justifying a persons failures.
      I agree, it gives people the excuse not to try or take the chance. If you accepted the fact that you didn’t need money to make it then you would either have to believe that it’s your fault you’re not making money or find another excuse to use instead.
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      • Profile picture of the author Duy Nguyen
        I agree with you Scortillion

        We have 2 things in common: our brain, and 24 hours a day.

        In fact, people use them in different ways. Most of them trade their time for money without using their brain to "think". Others use their brain to create their outer wealthy world. They make money from "air", and people just say "boy, you are just lucky" LOL!
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        • Profile picture of the author neeraga
          Originally Posted by Duy Nguyen View Post

          I agree with you Scortillion

          We have 2 things in common: our brain, and 24 hours a day.

          In fact, people use them in different ways. Most of them trade their time for money without using their brain to "think". Others use their brain to create their outer wealthy world. They make money from "air", and people just say "boy, you are just lucky" LOL!
          exactly trading time for money is the most foolish thing to do .... thanks for that Nguyen ...
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      • Profile picture of the author paulie888
        Originally Posted by scortillion View Post

        I agree, it gives people the excuse not to try or take the chance. If you accepted the fact that you didn’t need money to make it then you would either have to believe that it’s your fault you’re not making money or find another excuse to use instead.
        It's easy for people to rationalize it this way, and it gives them an easy way out of doing anything that will truly change their lives - if you don't elevate your thinking beyond that of an average wage worker (the majority of who subscribe to the adage that it takes money to make money), then you'll remain at that level for the rest of your life.
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  • Profile picture of the author paulie888
    I firmly believe that it is entirely possible to become very wealthy starting with practically nothing.

    It all boils down to mindset. If you tell yourself you can begin making money starting with no money at all, you can and you probably will. If you tell yourself you can't, you're probably right as well.

    If you want something badly enough, having no money will not be a permanent obstacle to your success. You will find some way around, under or over this initial obstacle if your desire and belief is strong enough.

    It's sad that so many people these days throw around the phrase that "you cannot make money without having some money first" like it's the truth. While I don't deny that it will probably make things easier and faster, it won't stop the determined person from finding a way to get started without a single dime.

    Paul
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    • 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
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      • Profile picture of the author Torreylee
        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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    • Profile picture of the author cyberdenizen
      Originally Posted by paulie888 View Post

      I firmly believe that it is entirely possible to become very wealthy starting with practically nothing.

      It all boils down to mindset. If you tell yourself you can begin making money starting with no money at all, you can and you probably will. If you tell yourself you can't, you're probably right as well.
      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!
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      • 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!
        that's exactly what I need right now, thanks, Diane
        knowing that other people succeed no matter where they start is very motivating when it get's a bit tough
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      • Profile picture of the author cynthea
        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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      • Profile picture of the author Nathaniell
        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!
        That's awesome. I love reading stories like this. It's great motivation to keep doing what I'm doing despite minimal results.

        In response to this thread topic: I was just thinking the other day that I need money to make money, and this thread completely changed my mind.

        Now if I could just fit more than 24 hours in a day

        It's good to have the support of like-minded people here. None of my friends are internet marketers and they all think I'm crazy.
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        • Profile picture of the author scortillion
          Originally Posted by Nathaniell View Post

          That's awesome. I love reading stories like this. It's great motivation to keep doing what I'm doing despite minimal results.

          In response to this thread topic: I was just thinking the other day that I need money to make money, and this thread completely changed my mind.

          Now if I could just fit more than 24 hours in a day

          It's good to have the support of like-minded people here. None of my friends are internet marketers and they all think I'm crazy.
          Just create a free blog and focus on one topic; SEO it and promote it; then create more each focusing on one topic (niche) or just a single product.

          To help:

          I've managed to accumulate a large number of products over the years that I'll think I'll put together and give to anyone that is in need of something to sell. I'll make them Private Label Right products so you can use them as is or recombine them into your own products.

          Anything special you guys are looking for? Also if anyone would like to contribute to this package just let me know. I'll try to put it together and have it ready by mid June 2011.

          This should help people out that are starting with nothing.
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      • Profile picture of the author myeanne
        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!

        Truly Inspiring. Our mind is very powerful, if we really want to attain something or even become someone and we put both our mind and heart to do it then there is no way that we will be successful.
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  • Profile picture of the author Sweely99
    You don't need money in order to be making money. I'm 18 years old, for gods sake.

    I started out with article writing. When I had enough money to pay for hosting and a domain -- I did. I also learned SEO and affiliate marketing.

    As of today, I'm one hell of a successful guy.
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    • You have to invest something, whether it is your time or money does not matter that much. If you can´t afford to spend 1 dollar then you just have to work to get the money you need to get started - becuase you will need money somewhere down the line.

      Time is money and money is time. To try to differs them in terms of investing is simply wrong.
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      • Profile picture of the author StephanieMojica
        While it's very true you need marketing and such to make money, you don't need to have tons of money to begin with. Article writing got me money to pay bills and then eventually invest in marketing training so I could go way beyond that. Plenty of brick-and-mortar business owners entered this country with literally nothing and went on to make massive profits.

        Sometimes having a lot of money in hand can zap your creativity and willingness to work hard to create a viable business.

        Stephanie
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      • Profile picture of the author hueyliew
        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 can´t afford to spend 1 dollar then you just have to work to get the money you need to get started - becuase you will need money somewhere down the line.

        Time is money and money is time. To try to differs them in terms of investing is simply wrong.

        I would like to think time is invaluable, but money is not equal to time, once we wasted our time, we will never be able to get it back. You can however leverage on other people time to do things we do not like doing, hence saving our time. This is why I love this IM business, that does not require me to actively selling my time for money.
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        • Profile picture of the author scortillion
          Originally Posted by hueyliew View Post

          I would like to think time is invaluable, but money is not equal to time, once we wasted our time, we will never be able to get it back. You can however leverage on other people time to do things we do not like doing, hence saving our time. This is why I love this IM business, that does not require me to actively selling my time for money.
          I agree! The only way to add more time to your day is to outsource the things you do not know how to do.

          Granted in the beginning you need to do a lot of the stuff yourself, but as you earn money you should outsource as much as you can afford and keep growing your business.

          Too many times people think they are saving money by doing everything themselves when they are actually hurting themselves and their business.

          Do what you can to grow your business, hire others to do what you cannot do or do not have time for.
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      • Profile picture of the author nadia712
        Originally Posted by It Should Be Easy View Post

        You have to invest something, whether it is your time or money does not matter that much. If you can´t afford to spend 1 dollar then you just have to work to get the money you need to get started - becuase you will need money somewhere down the line.

        Time is money and money is time. To try to differs them in terms of investing is simply wrong.
        I couldn't agree more. You won't get far if you don't invest anything at all at the beginning (i.e. time or money), and you will probably need to invest money at some stage in order to scale your business up and allow it to reach its full potential.

        There are LOADS of people who started with nothing and ended up millionaires. Every single one of those people, though, gave up a very, very large chunk of their time in the beginning.
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  • Profile picture of the author ryanbiddulph
    On the money post here.

    Money is of the mind. You don't need anything outside of your mind to create the life of your dreams. And when you become attached to any one thing outside of yourself to make money - whether it's money, a person, or certain circumstances - you will be bound to the attachment and ignore the power of your mind, which is where all things are created.

    RB
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  • Profile picture of the author Lazy
    I would say it takes money to make big money,

    But there are TONS of ways to get little bits of cash to trickle in for free.

    Time, on the other hand, is required.

    The more money you spend, the less time you have to work, basically.
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    • Profile picture of the author chrisbiz
      Originally Posted by Lazy View Post

      I would say it takes money to make big money,

      But there are TONS of ways to get little bits of cash to trickle in for free.

      Time, on the other hand, is required.

      The more money you spend, the less time you have to work, basically.
      AND...

      the MORE TIME you work + the MORE MONEY to spend
      =the MOST MONEY to earn

      Regards.
      Chris
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      • Profile picture of the author altteam
        A very dynamic and inspiring article )
        I also beleive that everything you need in your life - is your mind+actions. Whatever you're going to make.
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    • Profile picture of the author gearmex
      Originally Posted by Lazy View Post

      I would say it takes money to make big money,

      But there are TONS of ways to get little bits of cash to trickle in for free.

      Time, on the other hand, is required.

      The more money you spend, the less time you have to work, basically.
      And its harder to make big money these days as so many people copy your ideas immediately when you come up with something new and if you don't have money to push it up, someone who has more money, will take your idea and pull it up to the market, Sad reality as it is.
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  • Profile picture of the author HaydenR
    I think money determines the level of difficulty. The more you have the easier it is to make more of it. The less the harder.
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    • Profile picture of the author scortillion
      Originally Posted by HaydenR View Post

      I think money determines the level of difficulty. The more you have the easier it is to make more of it. The less the harder.
      Good way of looking at it! But I have seen people that get their hands on a sum of money and it's gone by the end of the month if not sooner. So it may be easier, but I still believe the person themselves are total responsible.

      But I do like your point!
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      • Profile picture of the author paulie888
        Originally Posted by scortillion View Post

        Good way of looking at it! But I have seen people that get their hands on a sum of money and it's gone by the end of the month if not sooner. So it may be easier, but I still believe the person themselves are total responsible.

        But I do like your point!
        I think this is born of the job mindset, which somehow presumes that one must spend all the money they get on payday quickly. This habit seems to be ingrained in many of us from social and cultural conditioning, and it is a hard one to get rid of.

        If we get rid of this job mindset where we're working for someone else, I truly believe that a world of abundance awaits - but only if we change our attitude to reflect that. We are now entrepreneurs in charge of our destiny, and true entrepreneurs do not need everything to be 'perfect' before they start taking inspired action!
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        • Profile picture of the author AidanAnderson
          It takes either time or money to make money.

          But money is easier. Because you can leverage others.
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          • Profile picture of the author James Clark
            Well, it takes some money to make money.

            The bottom line is this. If you are trying to start a business you need a little money and a good mind. All you need to get started is a web host account, auto responder, and domain name.

            A web hosting account with Host Gator is about 59.00 every six months. An account with Aweber is around 19.00 a month or 179.00 a year. Lastly, domain names are dirt cheap.

            You will need two domain names. Use one for the blog and one for your squeeze page. The balance of the tools you can use for free. I’m talking about HTML editor etc.

            Build a squeeze page a drive traffic to it, and build a list.
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            • Profile picture of the author SamBennett
              I agree that you definitely need to invest in a domain name, hosting, and an autoresponder service you want to be successful in Internet Marketing. There is no way around it. I can assure you that if you work hard make back your investment in a month. Nobody should be complaining about the costs involved in setting up your own online business as compared to setting up a an offline business.
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              • Profile picture of the author scortillion
                Originally Posted by SamBennett View Post

                I agree that you definitely need to invest in a domain name, hosting, and an autoresponder service you want to be successful in Internet Marketing. There is no way around it. I can assure you that if you work hard make back your investment in a month. Nobody should be complaining about the costs involved in setting up your own online business as compared to setting up a an offline business.
                Oh, I agree, you need your own domain and hosting eventually, but if you are totally strapped for cash you can start with the free stuff (no money); but to grow and truly be successful you are correct, you need your own domain and hosting and a number or other things.
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            • Profile picture of the author yukon
              Wrong!

              I started out with Adsense + Blogger, I created a site with about 500+ pages of free content to get free traffic.

              My first six months I made around $1,300.

              I look back at that first free site, & realize I didn't have a clue wtf I was doing, ha, ha!

              The thing is, I made money back then + I still get a check from that free Blogger website every single month. That's at least 5 years worth of FREE money.

              It's been almost 2 years since I last updated that Blogger site.

              You don't need money to make money.



              Originally Posted by James Clark View Post

              Well, it takes some money to make money.

              The bottom line is this. If you are trying to start a business you need a little money and a good mind. All you need to get started is a web host account, auto responder, and domain name.

              A web hosting account with Host Gator is about 59.00 every six months. An account with Aweber is around 19.00 a month or 179.00 a year. Lastly, domain names are dirt cheap.

              You will need two domain names. Use one for the blog and one for your squeeze page. The balance of the tools you can use for free. I’m talking about HTML editor etc.

              Build a squeeze page a drive traffic to it, and build a list.
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              • Profile picture of the author scortillion
                Originally Posted by yukon View Post

                Wrong!

                I started out with Adsense + Blogger, I created a site with about 500+ pages of free content to get free traffic.

                My first six months I made around $1,300.

                I look back at that first free site, & realize I didn't have a clue wtf I was doing, ha, ha!

                The thing is, I made money back then + I still get a check from that free Blogger website every single month. That's at least 5 years worth of FREE money.

                It's been almost 2 years since I last updated that Blogger site.

                You don't need money to make money.
                These stories are always GREAT to hear. Love to see people succeed!
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        • Profile picture of the author scortillion
          Originally Posted by paulie888 View Post

          I think this is born of the job mindset, which somehow presumes that one must spend all the money they get on payday quickly. This habit seems to be ingrained in many of us from social and cultural conditioning, and it is a hard one to get rid of.

          If we get rid of this job mindset where we're working for someone else, I truly believe that a world of abundance awaits - but only if we change our attitude to reflect that. We are now entrepreneurs in charge of our destiny, and true entrepreneurs do not need everything to be 'perfect' before they start taking inspired action!
          It's sad to say, but most people learn how to spend their money so fast from their parents; and school does nothing to help you get ready for the real world of life. If it did it would teach you how to successful and wealth so you can help yourself, your family and society.
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        • Profile picture of the author Reno Van Boven
          Originally Posted by paulie888 View Post

          I think this is born of the job mindset, which somehow presumes that one must spend all the money they get on payday quickly. This habit seems to be ingrained in many of us from social and cultural conditioning, and it is a hard one to get rid of.

          If we get rid of this job mindset where we're working for someone else, I truly believe that a world of abundance awaits - but only if we change our attitude to reflect that. We are now entrepreneurs in charge of our destiny, and true entrepreneurs do not need everything to be 'perfect' before they start taking inspired action!
          I think you're spot on!

          Very well said. Thank you for that.

          -- Reno
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          • Profile picture of the author scortillion
            Originally Posted by Reno X View Post

            I think you're spot on!

            Very well said. Thank you for that.

            -- Reno
            paulie888 is correct; far too many people focus on a job rather than a business. I know a few people who like to tell everyone they own their own business. But in reality what they own is their own job.

            The book "Rich Dad! Poor Dad!" makes the distinction between owning a business opposed to owning a job.

            If you want to know which one you own just ask yourself this question: “If I take a day off does the business still run and make me money?” If the answer is yes they you own a business; but if you take the day off and the business has to close and you don’t make any money, then you own a job.

            Too many people actually own a job and don’t realize it because they have a job mindset.
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          • Profile picture of the author scortillion
            [DELETED]
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            • Profile picture of the author paradoxical
              Originally Posted by scortillion View Post

              paulie888 is correct; far too many people focus on a job rather than a business. I know a few people who like to tell everyone they own their own business. But in reality what they own is their own job.

              The book "Rich Dad! Poor Dad!" makes the distinction between owning a business opposed to owning a job.

              If you want to know which one you own just ask yourself this question: “If I take a day off does the business still run and make me money?” If the answer is yes they you own a business; but if you take the day off and the business has to close and you don’t make any money, then you own a job.

              Too many people actually own a job and don’t realize it because they have a job mindset.
              This is so true.Thank you.I hated my job even though i had my own business;-)
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              • Profile picture of the author scortillion
                Originally Posted by paradoxical View Post

                This is so true.Thank you.I hated my job even though i had my own business;-)
                I had the chance to buy a business (job) but when you looked at it closely you know there was no way you could ever take any time off without losing money. When starting a business you may have to work a lot of hours and really hard to get it started, but your ultimate goal it to automate it and hire others to run it.

                Your job is over seeing it, managing it, and making it grow. Be carefule when buying or starting a business. Keep in mind that you can end up owning a job if you don't plan ahead and work with that goal in mind.
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    • Profile picture of the author fonoi
      Originally Posted by HaydenR View Post

      I think money determines the level of difficulty. The more you have the easier it is to make more of it. The less the harder.
      Another way to look at it may be, the more money you have the fewer reasons you have to suceed. I know many a wanna be IM that threw a few k at the "business" and failed.
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  • Profile picture of the author Tony Tikos
    Very inspiring article. Sometimes i feel like I need to have money to make it big, and it frustrates me. But this opened my eyes, if you can believe it, you can achieve it
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  • Profile picture of the author shazyaar
    I agree with you.
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  • Profile picture of the author Professional20
    I believe it does NOT take money to START making money.
    It does take money to make REAL money...if you know what I mean
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    • Profile picture of the author The Niche Man
      Great thought provoking post:

      But today it takes money and creative ideas to make money in my opinion. I discovered these two facts:

      1. The More Creative The Idea ... The Less Money You Need To Succeed.

      - or -

      2. The Less Creative The Idea ... The More Money You Need To Succeed.

      You don't necessarily need gobs of money to get started, but you need it to keep going and to raise you to the next level. The only other thing that can do this is creative ideas.
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  • Profile picture of the author JagSEO
    It takes dedication to make money and that's the only thing you have to focus on.
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  • Profile picture of the author HaydenR
    Err.. actually yes I would agree it takes money to make more money.. all those poor to rich examples you gave are people who had to slog it out in the beginning to make that initial income.. but once you get a solid base of funds.. growing it is a money makes money process.
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    • Profile picture of the author scortillion
      Originally Posted by HaydenR View Post

      Err.. actually yes I would agree it takes money to make more money.. all those poor to rich examples you gave are people who had to slog it out in the beginning to make that initial income.. but once you get a solid base of funds.. growing it is a money makes money process.
      As you just said it doesn't take money to make money because "people slogged it out in the beginning". You have to work hard to make the money in the beginning then you invest what you earn, but that is all part of making money.

      If you don't reinvest what you earn then no one would ever make a great deal of money.

      But to start you don’t “need” money to make it. What you do need it the knowledge how to make what you earn grow and the motivation and mind set to succeed.

      I agree with what you say, in the begining you have to work hard at it, but as you reinvest what you earn it does come easier.
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    • Profile picture of the author Nereah
      Originally Posted by HaydenR View Post

      Err.. actually yes I would agree it takes money to make more money.. all those poor to rich examples you gave are people who had to slog it out in the beginning to make that initial income.. but once you get a solid base of funds.. growing it is a money makes money process.
      I agree with you absolutely!
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  • Profile picture of the author SonnyAmaama
    I think with the world and how it is today, it would be alot easer to make money without any money. I think back in the days you could still make money but it was more difficult. But you can also look at it in terms of what you are trying to do to make money.
    If you were dealing drugs then I feel that would be easier to make money without an upfront cost. But if you where in something like pouring concrete then you may be required an upfront cost.

    I would answer this questions as a yes and no because you would need to take in consideration internal and external facts plus the time and situation your talking about.

    But I have made money with no upfront cost.
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  • Profile picture of the author lesliequ0
    if you have money it is easier to make more money.

    if you are broke than you have two options:

    have some luck

    be smart and work hard until you success
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    • Profile picture of the author RWBiggs
      Originally Posted by lesliequ0 View Post

      if you have money it is easier to make more money.

      if you are broke than you have two options:

      have some luck

      be smart and work hard until you success
      Actually, there are more ways:

      You can use someone else's money. Not necessarily a debt.

      Partner with someone else who has money.

      Partner with several people, some of whom have money.

      These are a few that I can think of right now, I'm sure there's more...
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  • Profile picture of the author MeelisM
    Basically it takes money to make money. You don't need a whole lot to get started.
    Perhaps you start off with free ways online - article marketing, blogs etc. Soon you will make some money - maybe just a little.

    Let's say you made your first sale - $27. You invest the $27 back into a hosting and domain name or somehow else. There's already $27 in your business and if you do it the right way it will make a lot more. Perhaps you get your page to $10 a day. Soon you can invest in new websites. You'll invest the money you've made into another site, which makes $5 a day. That's a bigger income already. You go on investing the made money into new sites until you have 10 of these up, some making $5, some $15, most $10 a day. You sell one of your sites on flippa for $300. You invest that money into new sites or promotion, maybe PPC. You soon have a full time income.

    As my example shows you don't need money to make money at first, but basically to make bigger numbers you need money. Money attracts money.
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    • Profile picture of the author naruq
      I don't agree! I started my business career in poverty growing up in a housing project. You can create Wealth by Developing Your Consciousness and taking action implementing ideas.
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    • Profile picture of the author magman01
      Whoa, whoa, whoa. Stop.

      Cash. Greenback. Federal Reserve Notes. Credits in a computer system.

      All these things do is reflect value. Value is the key.

      I pay greenbacks to mow my lawn. Dollar bills only reflect value of exchange. And greenbacks only reflect the value I am willing to exchange.

      Money is an illusion ... this illusion only exists by our mutual agreement to its value. If you offered me bones as evidence of value, that value only exists because we agree it exists because as a society we have mutually agreed that bones represent value.

      I cannot eat or drink bones nor more than I can eat or drink dollar bills. Bones represent value, nothing more.

      It's the value we attribute to the bones that makes a difference, and that value is tied to a rate of exchange. If you and I agree that bones equate to certain value, then we have an exchange.

      When we exchange dollars for services, it's based on an unspoken agreement of value.

      Ultimately, value, whether measured in bones or dollars, is an agreement. As a lawyer, I have grown to realize that value can take many forms, depending on the agreement of the parties. The more flexible we are in identifying value, the more easily our society operates.

      As marketers, we deal in exchanging dollars for value. When I buy something, I typically exchange the most readily acceptable form of exchange of value which is dollars. But I also bargain beyond that. Because in the exchange, I create value.

      It is the creative exchange of desired goods that creates value. If you are hungry, but unwilling or unable to satisfy that hunger based upon your resources at the time, and I am able to satisfy your hunger, we have created a market.

      I may have the knowledge and experience necessary to supply you with food if you are hungry. Depending upon your ability to satiate your hunger, you value my ability to satisfy that need. If I have the knowledge and experience to produce a good or service that will satisfy your hunger, and you do not, then a market has been created.

      Consider this. If I am your only source of food, and you cannot satisfy your hunger needs by yourself, then you are faced with the proposition that either you persuade me (who has the ability of satiating your hunger with my provision skills) to give you some of my production for free, or to provide me with what I desire for less than the cost of providing what I desire without your help.

      It's not that it takes money to make money. Rather, it takes the ability to provide value in exchange for value.
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      • Profile picture of the author scortillion
        Originally Posted by magman01 View Post

        It's not that it takes money to make money. Rather, it takes the ability to provide value in exchange for value.
        I agree with what you are saying but the question was addressing the belief that some people have that only the rich get richer and that a regular person, or poor person, cannot get rich because they don't have any money to start with.

        I agree that it's the value of the service, but the measure of modern society is money and thus the question "does it take money to make money." If we dealt in bones then the question would be "does it take bones to make bones?"

        You are correct that value must be part of the equation, but although you do not need money to begin your travel to riches you must reinvest what you earn to become wealthy. So even though you do not need money to make money, like others have said, the more money you have the faster you can make it. BUT the reverse is true too, the more money you invest the more you can lose too.

        During the tech bubble I lost $1000s of dollars in the stock market. Now I didn't sit around blaming ever rich person I knew because of that, instead it was my fault for not staying on top of the market and managing the investments better.
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        • Profile picture of the author jmjck
          really nice post i am very i am very apreciate with this post.

          Its realty no fall down about money, no need money for success. Great post !!!!
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          • Profile picture of the author ravenjade
            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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            • Profile picture of the author Schwabe
              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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              • Profile picture of the author scortillion
                Originally Posted by Schwabe View Post

                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
                Great point! If if you have some money it won't help unless you do something to us it to make more money. In the end it is YOU that earns the money to reinvest and YOU that decides how to use the "fuel" you earn.
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          • Profile picture of the author JRCarson
            The reason I love IM so much is that there is NO need to rely on money to make money.

            You have to trade your time, yes. But anyone can make a real good living with dedication and the right mind set alone.
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          • Profile picture of the author Naeem Sikandar
            All the great men in history believed on the statement "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".

            And I will prove this too that you can make money online without spending even a single cent and at the same time providing an awsume value to the community.

            Thanks for such An encouraging Post

            Naeem Sikandar
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            • Profile picture of the author scortillion
              Originally Posted by Naeem Sikandar View Post

              All the great men in history believed on the statement "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".

              And I will prove this too that you can make money online without spending even a single cent and at the same time providing an awsume value to the community.

              Thanks for such An encouraging Post

              Naeem Sikandar
              I like it! Can't wait to see what you do! Keep us posted.
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          • Profile picture of the author Rollmodl
            I may argue that you may not need money to make money, you do need something. It can be anything; $5 or $100. The less you have to start out with, the longer it takes to make it as there will be hurdles to overcome. It comes down to how well you can turnover the money you invested and reinvest to make more.

            I have personally done this. Over 15 years ago I started my window tinting business with only $100 borrowed from my cousin to purchase a roll of film. One roll covered 5 cars at $150 a piece for a profit of $750. I used some of the profit to purchase more film. I gradually built my business and was tinting about 5 cars a day.

            Sales from 1 out of 10 cars would go towards the purchase of a new roll of film.
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          • Profile picture of the author mikecole62
            I think that you do need money to make money. You may not need allot of it but you need it. Their are creative ways to getting money or borrowing money. I know being in sales people many times will say they don't have the money. If they really needed to get the money they would find it. If you start a business, your going to need money.
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            • Profile picture of the author scortillion
              Originally Posted by mikecole62 View Post

              I think that you do need money to make money. You may not need allot of it but you need it. Their are creative ways to getting money or borrowing money. I know being in sales people many times will say they don't have the money. If they really needed to get the money they would find it. If you start a business, your going to need money.
              I beleive it depends on the business you're going to start. I know if you start online you don't need a dime to get started. But to GROW the business you DO need money!

              You must reinvest your profits and grow your business.
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          • Profile picture of the author panduari
            wow man,,, thanks I like your words
            "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..."
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          • Profile picture of the author Ryken
            Very good post my friend. In life in today's world almost everything cost money but so long as you have an original idea then you can have money coming to you. Most of us know that you don't need money to make money but for the ones that don't, as stated earlier in the above post. Know your resources. You may not have money but your friends might (OPM = Other Peoples Money), with that said you people will say just about anything to compensate for their lack of actions.
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            • Profile picture of the author scortillion
              Originally Posted by Ryken View Post

              Very good post my friend. In life in today's world almost everything cost money but so long as you have an original idea then you can have money coming to you. Most of us know that you don't need money to make money but for the ones that don't, as stated earlier in the above post. Know your resources. You may not have money but your friends might (OPM = Other Peoples Money), with that said you people will say just about anything to compensate for their lack of actions.
              Some may suffer from lack of action, but I believe a great many don't take action because of fear. The fear of losing their money, fear of what others may say if they fail, and other fears as well.

              Of course there are those that just don't try because they are lazy, but I believe most don't try because of fear.
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          • Profile picture of the author jann
            This is great thought especially at a time like this when many people in Africa are loosing jobs instead of being employed.

            Most of us have such great ideas but always give an excuse of lack of capital to get started.

            I agree with you that what we have in us has more influence in our journey towards our destination than the money....It only but helps to speed up the process.

            Great thought....Thank you!!!
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          • Profile picture of the author scottrc
            I think it is certainly possible to make money without having money to begin with, many people have certainly proven it by doing actually that over the years. In those cases, individuals had to become creative, clever, resourceful and pragmatic to find ways to become successful. As one poster mentioned earlier, a mind-set and determination to succeed goes a long way in making this happen. I know Napoleon Hill and others have talked about presenting problems to the sub-conscious mind, when there did not seem to be answers to problems, and then following their intuition and heart when life began providing those answers as a result. Some of those answers turned out to be pretty unconventional, out-of-the-box ways to achieve things, ways that the average person wouldn't have come up with on their own.

            Having money I believe can speed up the process of making more money but isn't a prerequisite to making money to begin with. It may take more time and effort to make money without having money first, but it can done nonetheless.
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            • Profile picture of the author scortillion
              Originally Posted by scottrc View Post

              I think it is certainly possible to make money without having money to begin with, many people have certainly proven it by doing actually that over the years. In those cases, individuals had to become creative, clever, resourceful and pragmatic to find ways to become successful. As one poster mentioned earlier, a mind-set and determination to succeed goes a long way in making this happen. I know Napoleon Hill and others have talked about presenting problems to the sub-conscious mind, when there did not seem to be answers to problems, and then following their intuition and heart when life began providing those answers as a result. Some of those answers turned out to be pretty unconventional, out-of-the-box ways to achieve things, ways that the average person wouldn't have come up with on their own.

              Having money I believe can speed up the process of making more money but isn't a prerequisite to making money to begin with. It may take more time and effort to make money without having money first, but it can done nonetheless.
              I agree having money does speed up the process but it NOT necessary to start and make money. You just need to reinvest what you earn and not spend it.

              Too many times we see income from sales only to spend it right away on something that we want instead of reinvesting it.

              It's true that the more money you have the more you are able to make, but what many people fail to realize is that you also have a lot to lose if things go bad.
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          • Profile picture of the author pengpengy
            Yes, I agree with you. And good post, I like it.
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          • Profile picture of the author aholland
            Money (or sources of funds, to be exact) is needed before you can engage in money-making activities. I agree with others though to be in the right mindset before you start looking for funds in your target business.
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          • Profile picture of the author Emily Johnson
            I think it really depends on the type of business or money-making strategy you are trying to get started. For example, freelance writers dont really have to invest any money when starting off. Sure, it is a hard business to make money from because there is so much competition, but ultimately, with persistence and faith you can eventually find promising gigs.

            I enjoyed this thread so much because it gives faith to the underdogs who are trying to make their way up in the world. Thanks for your faith!
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            • Profile picture of the author scortillion
              Originally Posted by Emily Johnson View Post

              I think it really depends on the type of business or money-making strategy you are trying to get started. For example, freelance writers dont really have to invest any money when starting off. Sure, it is a hard business to make money from because there is so much competition, but ultimately, with persistence and faith you can eventually find promising gigs.

              I enjoyed this thread so much because it gives faith to the underdogs who are trying to make their way up in the world. Thanks for your faith!
              I agree, it does, to a degree, depend on the business venture you are undertaking. But I believe a large degree of your success depends on your motivation and creativity.

              It's amazing to see the many different view points that people have on this topic.
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          • Profile picture of the author onlinemarket01
            For the question, I don't think so. Not agree with it. I made money through writing articles and i spent nothing on it.
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          • Profile picture of the author Steve Lim
            For my case, normally I always able to use little money to make more money. I will spend small amount of money to start a business, then from what I earn, I just invest back to the business.. keep on doing that until have a good consistency income then I only start use the money

            But I never try no money down.. is a great idea too!
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          • Profile picture of the author Nereah
            Awesome responses, it sure takes money to make money , but You the person is critical, you may have money but without focus you loose it, you may not have money and with focus, use whatever resource you have to make money, I therefore agree that the You is so important in the money making business.
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          • Profile picture of the author jajo
            You may be able to make money without a lot of investment. However, and this is a big however to me, you still do need a way to pay for your keep while you are beginning. It may not take money to start an online venture, but you still may need a job to pay for rent and food.

            To compare starting out today in the same way as someone could in the backwoods of America in the 1700's is like saying we really could today pay for healthcare with chickens in trade.

            Those times are gone. If you are living on the streets, homeless, it will not be easy to begin anything. I'm not sayin' it ain't possible, I'm sayin' it ain't likely.
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          • Profile picture of the author Faithblaster
            Awsome post James. There are always two things you can invest. Time and money. Everyone can invest at least his time to make money (if he's not gonna die because of hard form of cancer next week). Value of our time is depending only on us.
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            • Profile picture of the author scortillion
              Originally Posted by Faithblaster View Post

              Awsome post James. There are always two things you can invest. Time and money. Everyone can invest at least his time to make money (if he's not gonna die because of hard form of cancer next week). Value of our time is depending only on us.
              Time is actually our most valuable asset.

              The more we can reclaim our time by hiring someone to do what needs to be done, the more time we have to expand our business and manage the running and development of it.

              We can always make more money, but we can only get more time by hiring someone else to perform the tasks that need to be done.
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          • Profile picture of the author abundantlife
            Obviously, a lively subject of interest. It's interesting to see just what stirs the most responses. This idea looks like one of them.

            My thoughts about the phrase,"it takes money to make money", are that it sounds like something someone would say if they were making an excuse for not making money. In reality it does generally require some investment of either time or money to get started.

            But it's as simple as; if you don't have any money go out into the world and do something that will generate some. There is always someone who will pay you to do a task that they don't have time to do or don't want to do themselves.
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            • Profile picture of the author scortillion
              Originally Posted by abundantlife View Post

              Obviously, a lively subject of interest. It's interesting to see just what stirs the most responses. This idea looks like one of them.

              My thoughts about the phrase,"it takes money to make money", are that it sounds like something someone would say if they were making an excuse for not making money. In reality it does generally require some investment of either time or money to get started.

              But it's as simple as; if you don't have any money go out into the world and do something that will generate some. There is always someone who will pay you to do a task that they don't have time to do or don't want to do themselves.
              I've also noticed that people come down on both sides of this topic. Some believe you can become successful without having any money, and have done it themselves; they believe it is possible. Others say you need money to make money and have succeeded with money.

              The one factor that connects both is that you have to spend something, either time or money, to achieve success, plus you need the drive and commitment to succeed. Without the belief that you can succeed, you will not succeed.
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          • Profile picture of the author AskScottOBrien
            Great Post... I enjoyed reading everyone's comments.

            My 2 cents...

            Seems like having money kind of gets in the way for some people. People with a little money tend to buy things to do more automation and they never really get a grasp on what hard work and dedication is all about.

            People who don't have the money have a better why. They will work harder and longer to reach that why and won't rely on automated systems or others to do the work for them.
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            • Profile picture of the author Azarna
              There are three elements:

              Money
              Time
              Skills

              You can use any of them to make either/both of the others.

              Money - lets you outsource to save you time and get things done for which you do not have the skills

              Time - you can work hard over time to earn money and improve your skills

              Skills - you can sell your skills or use them to create things to earn money, and save time by doing things more quickly

              You are going to need at least one of them to succeed. If you have all three, then your success can be much easier.

              But no matter which of the three you have to hand right now, you have to actually USE it and get on with it to get anywhere at all.
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              • Profile picture of the author scortillion
                Originally Posted by Azarna View Post

                There are three elements:

                Money
                Time
                Skills

                You can use any of them to make either/both of the others.

                Money - lets you outsource to save you time and get things done for which you do not have the skills

                Time - you can work hard over time to earn money and improve your skills

                Skills - you can sell your skills or use them to create things to earn money, and save time by doing things more quickly

                You are going to need at least one of them to succeed. If you have all three, then your success can be much easier.

                But no matter which of the three you have to hand right now, you have to actually USE it and get on with it to get anywhere at all.

                Great Points!!! Love it!
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          • Profile picture of the author Joan Haynes
            Good thread...I think it does not take money to make money but it takes a little longer. If we focus on prepariness, hard work, perserverance, positioning ourselves and consistency, preparation will meet-up with opportunity & opportunity & preparation will create money...as much as you want & over & over again.

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          • Profile picture of the author jamesboulay
            I don't think it takes money to make money - let me rephrase that, I know it doesn't take money to make money. Major money on the other hand, is a lot tougher to see when you're on a bootstrap, however it's been done before and will be done again.

            One of my offline groups is made up of 25 single mothers trying to better themselves, they are all making decent money. If you are persuasive, can write content, KNOW where to place that content, and can dictate what the user's end response should be you can make money without spending it.

            As for the people begging for free this or free that and the people that supply them, only God knows about them lol.

            NOW to add to my thought, once the money is coming in, I think those that can split their proceeds into a reinvest/bill payment equation stand a better chance in the long term as exponentially increasing money could benefit from a paid system of some type (be it PPC or other ad buying idea's).
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            • Profile picture of the author scortillion
              Originally Posted by jamesboulay View Post

              I don't think it takes money to make money - let me rephrase that, I know it doesn't take money to make money. Major money on the other hand, is a lot tougher to see when you're on a bootstrap, however it's been done before and will be done again.

              One of my offline groups is made up of 25 single mothers trying to better themselves, they are all making decent money. If you are persuasive, can write content, KNOW where to place that content, and can dictate what the user's end response should be you can make money without spending it.

              As for the people begging for free this or free that and the people that supply them, only God knows about them lol.

              NOW to add to my thought, once the money is coming in, I think those that can split their proceeds into a reinvest/bill payment equation stand a better chance in the long term as exponentially increasing money could benefit from a paid system of some type (be it PPC or other ad buying idea's).
              Great Addition!!! Thanks for the info. To your future success.
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          • Profile picture of the author Michael Bucker
            What is perplexing to me is the over whelming evidence that it does not take money to make money, the overwhelming stories of those who did it without money, and yet so many people still feel that it does take money.
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          • Profile picture of the author caloyski
            Money is my friend and as well my best enemy.

            thecallcenterlife.blogspot.com
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          • Profile picture of the author PattC
            I agree that you can start your business with no money. However, money comes in handy if you need to outsource things like web design. Also with money to spend, you can take advantage or programs that might accelerate your learning curve, such as hiring a coach.
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          • Profile picture of the author jason17
            i agree with you ,,, a lot of rich people came from poor family
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          • Profile picture of the author marktwins
            In my view it should be agreed. Money will come through money. Here Money = Time, Work and Patience. Therefore the theory of Money = Money is satisfied. We can not make clap with single hand. The same like opposite hand also required.
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          • Profile picture of the author rickwill71
            great post, there is lot of free things on the internet that we can use to our advantage to help grow our buisness, just work a little smarter.
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          • Profile picture of the author trusodesign
            all use money. money talks. it just is not enough. a qualified person at work or increase business with the right capital can create rich. money raised was not seen from the many, but of how to get it. necessarily the right way.

            good post
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          • Profile picture of the author johnev
            Of course you have to have some money to make money but not that much. You certainly do not need $20,000 to make more money online. There are definitely ways to make a profit and build a business with a couple grand over time or even less. You just have to swap time for money. Either way you have to learn the ropes and focus on the money making actions so you can get profits coming in. Once that happens you can start paying others for some of the time consuming tasks so you can grow.
            John Vanous
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            • Profile picture of the author scortillion
              Actually what you need is an exchange of services not money. For example you cut someone's grass in exchange for money. If you want to make more money you cut more and more people's grass. You do this until you can buy your own push lawnmower.

              This will let you cut the grass for those that do not have their own lawnmower. After a few months you can afford to buy an inexpensive riding mower and can cut more lawns at a faster rate. Soon you can hire someone to help do the trimming, then the edging and then landscaping.

              In time you buy a truck that will let you expand your area and hire more people and buy more equipment.

              The key is you do not need money to make money, but you DO reinvest your money to make MORE money at a faster and faster rate. The key is to hire others to do the work you cannot and that frees you up to work on growing your business.


              Originally Posted by johnev View Post

              Of course you have to have some money to make money but not that much. You certainly do not need $20,000 to make more money online. There are definitely ways to make a profit and build a business with a couple grand over time or even less. You just have to swap time for money. Either way you have to learn the ropes and focus on the money making actions so you can get profits coming in. Once that happens you can start paying others for some of the time consuming tasks so you can grow.
              John Vanous
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        • Profile picture of the author Nereah
          Originally Posted by scortillion View Post

          So even though you do not need money to make money, like others have said, the more money you have the faster you can make it. BUT the reverse is true too, the more money you invest the more you can lose too..
          I agree with you absolutely on this, just be more cautious where you invest once you have made it
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      • Profile picture of the author Rohm
        Originally Posted by magman01 View Post

        Whoa, whoa, whoa. Stop.

        Cash. Greenback. Federal Reserve Notes. Credits in a computer system.

        All these things do is reflect value. Value is the key.

        I pay greenbacks to mow my lawn. Dollar bills only reflect value of exchange. And greenbacks only reflect the value I am willing to exchange.

        Money is an illusion ... this illusion only exists by our mutual agreement to its value. If you offered me bones as evidence of value, that value only exists because we agree it exists because as a society we have mutually agreed that bones represent value.

        I cannot eat or drink bones nor more than I can eat or drink dollar bills. Bones represent value, nothing more.

        It's the value we attribute to the bones that makes a difference, and that value is tied to a rate of exchange. If you and I agree that bones equate to certain value, then we have an exchange.

        When we exchange dollars for services, it's based on an unspoken agreement of value.

        Ultimately, value, whether measured in bones or dollars, is an agreement. As a lawyer, I have grown to realize that value can take many forms, depending on the agreement of the parties. The more flexible we are in identifying value, the more easily our society operates.

        As marketers, we deal in exchanging dollars for value. When I buy something, I typically exchange the most readily acceptable form of exchange of value which is dollars. But I also bargain beyond that. Because in the exchange, I create value.

        It is the creative exchange of desired goods that creates value. If you are hungry, but unwilling or unable to satisfy that hunger based upon your resources at the time, and I am able to satisfy your hunger, we have created a market.

        I may have the knowledge and experience necessary to supply you with food if you are hungry. Depending upon your ability to satiate your hunger, you value my ability to satisfy that need. If I have the knowledge and experience to produce a good or service that will satisfy your hunger, and you do not, then a market has been created.

        Consider this. If I am your only source of food, and you cannot satisfy your hunger needs by yourself, then you are faced with the proposition that either you persuade me (who has the ability of satiating your hunger with my provision skills) to give you some of my production for free, or to provide me with what I desire for less than the cost of providing what I desire without your help.

        It's not that it takes money to make money. Rather, it takes the ability to provide value in exchange for value.
        Perceptive and insightful.

        Thanks.
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  • Profile picture of the author Brianne
    I don't think that it's necessary to have money in order to make money. If you are broke but have the time and ambition, I believe that a person can be successful. I think that bottom line...it's all in a person's drive and just how badly they want to make things happen to better their quality of life.
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  • Profile picture of the author Kanapemo
    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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  • Profile picture of the author swilliams09
    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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  • Profile picture of the author jsnfou
    Hmm, depends on how you're trying to make money, really..
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  • Profile picture of the author Barry Unruh
    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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  • Profile picture of the author Carol_A
    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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  • Profile picture of the author marketermatt
    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

    -matt
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    • Profile picture of the author Devid Farah
      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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  • Profile picture of the author OrganicSeoGuru
    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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  • Profile picture of the author OneLifeAway
    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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  • 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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  • Profile picture of the author SEOJJ
    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.
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  • Profile picture of the author kusai
    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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  • Profile picture of the author macchiavelli
    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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  • Profile picture of the author kan3
    [DELETED]
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    • Profile picture of the author justaskbigjohn
      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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      • Profile picture of the author mwright
        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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  • 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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  • Profile picture of the author justaskbigjohn
    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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  • Profile picture of the author BenoitT
    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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  • Profile picture of the author bangdent01
    i love this guys

    if god made 2 like you
    i want it 1 for my self
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  • Profile picture of the author madmmd
    you dont need money to make money.. if you have the skills you can create money out of thin air..
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  • Profile picture of the author adamsad
    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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  • Profile picture of the author scortillion
    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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  • Profile picture of the author yougpeter
    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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  • Profile picture of the author Goliath
    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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  • Profile picture of the author PLR Basket
    No. All you need is an idea.
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  • Profile picture of the author adamsad
    how can you hard work if you don't even have skills. so the first thing to do is outsourcing
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  • Profile picture of the author rama436
    great dude.. thanks.......
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  • Profile picture of the author Robertjack
    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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  • Profile picture of the author Gilearn
    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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  • I agree, I takes Time and bit of LadyLuck to make money. It is a famous quote which says
    Oppurtunities Knock at your doors but you still have to open the door to invite it
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  • Profile picture of the author Gilearn
    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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  • Profile picture of the author cmghome
    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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  • Profile picture of the author Meozyn
    inspiring! Richard Branson is my personal idol.
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  • Profile picture of the author cynthea
    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 can´t 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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  • Profile picture of the author assertiveone
    You do need money to make a start so yes,I agree.
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  • Profile picture of the author Edie47
    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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  • Profile picture of the author Acumen
    You can make money with just WordPress, Hosting, and honest offers
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  • Profile picture of the author allencole
    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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  • Profile picture of the author dlmore
    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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  • Profile picture of the author TheHothive
    Originally Posted by scortillion View Post

    Many people say it takes money to make money and if you don’t have it you cannot succeed. Do you agree? I do not!

    I read a great deal and I’ve 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. Don’t 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 wasn’t 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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  • Profile picture of the author jtunkelo
    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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  • Profile picture of the author Sandor Benko
    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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    • Profile picture of the author JRCarson
      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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      • Profile picture of the author scortillion
        Originally Posted by JRCarson View Post

        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.
        That is very true. If the product or service is truly designed from the start to help others, really help others, it will be a very successful and profitable business or service.

        So when you are developing a new product or service think hard on how you can truly help others and you’ll have a very successful product/service on your hands.
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      • Profile picture of the author Tenzen
        it takes money to live, or as someone pointed out, it takes something exchanged for something to live

        if people are very serious about becoming successful, they will not spend their money on hobbies and activities that have nothing to do with their business goals

        if you are going to spend money on anything, make sure its something that can also be used for your business goals, such as research material, hardware, equipment, technology, tools, etc..

        and if you are focused on business, it does no good to spend money on a house when that money could be spent on a work studio, where you could also live, converting your home into your office, and vice versa, etc

        and it does no good perfecting your photography or star-gazing skill if that will play no part in your future. its better to spend that time working to make contacts, doing footwork, field & competitor research, education, and practicing the skills needed for your ideas and goals etc..

        if you are going to cook dinner every night, you may as well try learning something useful from it, that may come in handy during marketing or development someday, etc, and why not invite a contact or friend over for dinner or go out with someone in your target social demographic

        theres no use buying a sexy little sports car when you should get a larger vehicle to carry important contacts and social friends out to do networking and relationship building, which can also carry publications around or other equipment, etc when needed, something you can take 5 people out to the lake for a weekend in.

        and no use taking a vacation to one place when you could attend a conference on something related to your field, and make valuable contacts, and get some face-time and build some credentials

        its definitely better to take some like-minded colleagues along on a ski trip, rather than take a hot date with you

        instead of dating and trying to 'hook up', you can spend more time social networking and taking friends who are also success-minded, out for some relationship-building

        theres no use living in one city when the business you are in would be better for you to live in a different location

        there's no point in making friends and doing social activities with people who are not of your field, or going where your going, or share your passions and motivation, or who are negative or discouraging, or waste your time, etc

        theres no use marrying someone who isnt going to be contributing to your goals, or supportive of them

        and so on. at any rate, life is full of expenditures of time, money, and resources, and successful people have little gap between their goals and their off-time.. the smaller the gap between what they want to achieve and what they do in everyday daily life, the greater the success, and higher the potential for achievement of one's goals

        it takes not only money, but time, effort, thought, diligence, resources, but that doesnt have to exceed the amount you use in your daily life for other, non-business-related activities
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        • Profile picture of the author Tenzen
          i think theres a reason places like Silicon Valley create so much success, and i dont think its because everyone who goes there is a genius

          its because they are surrounding themselves with like-minded people, motivated people, with similar goals and aspirations, surrounded by successful people and inspiring people, and inspiring things and events

          they are an entire area where everywhere you go there is conversation about the field they are in, everyone around them is on the same path, its highly competitive, and everyone is sitting at home working on the same types of things

          its easy for them to come up with capital because everywhere they turn there is like-minded people wanting to become successful

          we need to surround ourselves with those kinds of friends in life, people in our field, with traits we respect and want for ourselves, people similarly motivated, with similar lifestyles, and friends circles we fit with and need to be apart of

          its about networking and being social with people, away from home and off the computer, inviting people to lunch or to a juice bar, or to play sports, or go hiking, etc.. people in our field or with similar minds

          then you can put ideas together and raise capital if needed
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          • Profile picture of the author scortillion
            Originally Posted by Tenzen View Post

            i think theres a reason places like Silicon Valley create so much success, and i dont think its because everyone who goes there is a genius

            its because they are surrounding themselves with like-minded people, motivated people, with similar goals and aspirations, surrounded by successful people and inspiring people, and inspiring things and events

            they are an entire area where everywhere you go there is conversation about the field they are in, everyone around them is on the same path, its highly competitive, and everyone is sitting at home working on the same types of things

            its easy for them to come up with capital because everywhere they turn there is like-minded people wanting to become successful

            we need to surround ourselves with those kinds of friends in life, people in our field, with traits we respect and want for ourselves, people similarly motivated, with similar lifestyles, and friends circles we fit with and need to be apart of

            its about networking and being social with people, away from home and off the computer, inviting people to lunch or to a juice bar, or to play sports, or go hiking, etc.. people in our field or with similar minds

            then you can put ideas together and raise capital if needed

            I agree that you need to focus on your business plan and on being successful. But I also believe that if you become too focused on your business success and don't pay attention to your family success that in the end you'll have your money, but not your happiness.

            With that said you are correct. You need to focus on your success with a single minded assult. You need to create your goal and then set your sights on it and achieve it.

            BUT, you also need to keep your family in your sights too. Because becomeing success also means being happy. Success that doesn't not include happiness in all honesty is not success. In my opinion, that is.
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            • Profile picture of the author thriftgirl62
              Originally Posted by scortillion View Post

              I agree that you need to focus on your business plan and on being successful. But I also believe that if you become too focused on your business success and don't pay attention to your family success that in the end you'll have your money, but not your happiness.

              With that said you are correct. You need to focus on your success with a single minded assult. You need to create your goal and then set your sights on it and achieve it.

              BUT, you also need to keep your family in your sights too. Because becomeing success also means being happy. Success that doesn't not include happiness in all honesty is not success. In my opinion, that is.
              It's easy for them to come up with capital because everywhere they turn there is like-minded people wanting to become successful

              we need to surround ourselves with those kinds of friends in life, people in our field, with traits we respect and want for ourselves, people similarly motivated, with similar lifestyles, and friends circles we fit with and need to be apart of

              its about networking and being social with people, away from home and off the computer, inviting people to lunch or to a juice bar, or to play sports, or go hiking, etc.. people in our field or with similar minds.

              then you can put ideas together and raise capital if needed
              This is so strange - I just explained that same thinking to some people who want to take coaching but have no money to pay for it up front. Where are the resourceful people out there? Raising Capital, like you said, is easy when you have people who believe the same things.

              Now I fully understand what Seth Godin was talking about when he said the hard part is getting people to listen to your idea when everyone is screaming the same things about their own ideas. The means everyone is screaming and nobody is listening so why is everyone screaming?

              Years ago the old saying was the first thing you do when you go into business is get a divorce or you'll just end up too broke to pay for the divorce!! The second make 2 best friends your lawyer and your accountant. If you are not going to support your family, the business won't survive. What would happen if Sylvie and Michael Fortin didn't want the other one to be in business?
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              • Profile picture of the author scortillion
                Originally Posted by thriftgirl62 View Post

                This is so strange - I just explained that same thinking to some people who want to take coaching but have no money to pay for it up front. Where are the resourceful people out there? Raising Capital, like you said, is easy when you have people who believe the same things.

                Now I fully understand what Seth Godin was talking about when he said the hard part is getting people to listen to your idea when everyone is screaming the same things about their own ideas. The means everyone is screaming and nobody is listening so why is everyone screaming?

                Years ago the old saying was the first thing you do when you go into business is get a divorce or you'll just end up too broke to pay for the divorce!! The second make 2 best friends your lawyer and your accountant. If you are not going to support your family, the business won't survive. What would happen if Sylvie and Michael Fortin didn't want the other one to be in business?

                If you have the right spouse and a great connection they can help your business grow faster. My belief any way....
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            • Profile picture of the author Tenzen
              Originally Posted by scortillion View Post

              BUT, you also need to keep your family in your sights too. Because becomeing success also means being happy. Success that doesn't not include happiness in all honesty is not success. In my opinion, that is.
              Originally Posted by thriftgirl62 View Post

              Years ago the old saying was the first thing you do when you go into business is get a divorce or you'll just end up too broke to pay for the divorce!! The second make 2 best friends your lawyer and your accountant. If you are not going to support your family, the business won't survive.

              the same logic and strategy can be applied to any goal in life

              if a strong family is your goal, then you would spend your time and resources and effort on having it

              running a family is much like running a business, your success or failure depends on your management of time, resources, money, your effort desire, passion, belief, faith, focus, goals-making, achievements, and mind-set

              the problem is that what's best for business isnt usually whats best for family

              so success becomes a matter of conflict management

              i think family and business should be run in 3 aspects,

              1. business management
              - setting goals
              - strategic planning
              - mission statement
              - environmental analysis
              - managing time, people, resources, activities, etc.. with targets
              - etc, etc,etc

              2. family management
              - setting goals
              - strategic planning
              - mission statement
              - environmental analysis
              - managing time, people, resources, activities, etc.. with targets
              - etc, etc, etc

              3. conflict management
              - conflict resolution
              - managing priorities of each
              - weighing goals and objectives in each
              - finding solutions which maximize the highest-priority goals in each
              - making strategies which benefit each to its fullest potential
              - etc, etc, etc
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              • Profile picture of the author scortillion
                Originally Posted by Tenzen View Post

                the same logic and strategy can be applied to any goal in life

                if a strong family is your goal, then you would spend your time and resources and effort on having it

                running a family is much like running a business, your success or failure depends on your management of time, resources, money, your effort desire, passion, belief, faith, focus, goals-making, achievements, and mind-set

                the problem is that what's best for business isnt usually whats best for family

                so success becomes a matter of conflict management

                i think family and business should be run in 3 aspects,

                1. business management
                - setting goals
                - strategic planning
                - mission statement
                - environmental analysis
                - managing time, people, resources, activities, etc.. with targets
                - etc, etc,etc

                2. family management
                - setting goals
                - strategic planning
                - mission statement
                - environmental analysis
                - managing time, people, resources, activities, etc.. with targets
                - etc, etc, etc

                3. conflict management
                - conflict resolution
                - managing priorities of each
                - weighing goals and objectives in each
                - finding solutions which maximize the highest-priority goals in each
                - making strategies which benefit each to its fullest potential
                - etc, etc, etc
                Great point! I belive that you can succeed at business and family at the same time. Both need dedication, focus and a plan.
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                • Profile picture of the author thriftgirl62
                  Originally Posted by Tenzen
                  the same logic and strategy can be applied to any goal in life

                  if a strong family is your goal, then you would spend your time and resources and effort on having it

                  running a family is much like running a business, your success or failure depends on your management of time, resources, money, your effort desire, passion, belief, faith, focus, goals-making, achievements, and mind-set

                  the problem is that what's best for business isnt usually whats best for family

                  so success becomes a matter of conflict management
                  Originally Posted by scortillion View Post

                  Great point! I belive that you can succeed at business and family at the same time. Both need dedication, focus and a plan.
                  I think YOU can because you know what you want and what you do proves what you believe without question. You're not afraid to die on a Treadmill!! Will Smith said that!!! What I mean is that YOU have made up your mind you will have family and business, they will both be successful, this won't happen, that will, and nothing is going to change that. People sense that and get out of the way. Once your mind is made up you naturally do what it takes. It's a done deal.

                  Management or conflict Management - meaning the Leader in charge of both his business and his family has to get it right or everyone suffers with the ripple effect and that drains the bank account - spouse running off to a hotel with a suitcase for a week at $100 a night adds up.

                  Human Capital is more valuable than money so if you don't have money to start with the cost in time and energy is more expensive because you can't replace that. It takes more than money to make money. It takes a certain mindset and unshakable belief and drive.
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                  • Profile picture of the author scortillion
                    Originally Posted by thriftgirl62 View Post


                    Management or conflict Management - meaning the Leader in charge of both his business and his family has to get it right or everyone suffers with the ripple effect and that drains the bank account - spouse running off to a hotel with a suitcase for a week at $100 a night adds up.

                    Human Capital is more valuable than money so if you don't have money to start with the cost in time and energy is more expensive because you can't replace that. It takes more than money to make money. It takes a certain mindset and unshakable belief and drive.
                    I agree if you don't decide upfront that your family will be as important as your business then your family relationship is heading for trouble.

                    Human Capital is without a doubt the most important factor because in the end SOMEONE is doing the work. Which means you want to best "Human Capital" you can get for the bet price. Treat them well and they'll usually treat you well.
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  • Profile picture of the author Josh MacDonald
    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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    • Profile picture of the author misc92
      Originally Posted by macdonjo View Post

      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.
      No idea what that is, but I have to make a comment on their site... it looks like a 90s website and the footer looks like they paid for the design, hopefully it is a site they purchased in the 90s lol /facepalm.
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      • Profile picture of the author Josh MacDonald
        Originally Posted by misc92 View Post

        No idea what that is, but I have to make a comment on their site... it looks like a 90s website and the footer looks like they paid for the design, hopefully it is a site they purchased in the 90s lol /facepalm.
        Doesn't matter, he makes more money than you.
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    • Profile picture of the author scortillion
      Originally Posted by macdonjo View Post

      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.
      Their website MacDonald Turkey Point Marina Inc. & The Wheelhouse Restaurant might not look like much, but I'd love to have some of those boats! Where did you get the story about the guy who owns this business?
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  • Profile picture of the author eleary
    You don't need money to make money. But if you want to build a business, it's good practice to keep investing in yourself and your business. So - the more money you have or make - the more money you will make!
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  • Profile picture of the author Emmanuel C
    not necessarily. I've built a business completely word of mouth. I may pay noe (4 years later) $100 a month in advertising but I just started. word of mouth is still strong. I makea full living with that business. On the other hand, I'm building another one right now and I need some money to make it grow.
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  • Profile picture of the author mrckc
    Yes, it always takes at least a bit of money to make money.

    I pity these that have started a thread writing that they are completely broke, have no job and need cash ASAP.

    You get a job, and then you work full time on your job and part time on your dreams.

    Peace.
    /CKC
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  • Profile picture of the author humili
    Wow! I would say if you have no money or in debt, then you need to have time to do most of the work yourself but the right skills. Money is not everything but it does help to aid and speed up in the work progress as a matter of fact. It is the same question as love and money , you can't have proper love without food and shelter, no matter how passionate you are.

    But again it varies for everyone!

    Just my two cents!
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  • Profile picture of the author GlobalMedia
    Money is an important factor, but it is certainly not everything. It is always better to utilize it in a systematic manner so as to ripe the tree of success. But, even who don't have the adequate funds need not be discouraged, as they can also generate funds through self employment. So, it is not necessary to "have money to make money".
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  • Profile picture of the author fcebri24
    Great post. Very inspirational. Makes you wonder if you actually need money to make money. I have spent a lot of money trying to start a business, but I might have to start something with no money to see how it goes.
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  • Profile picture of the author scortillion
    Everyone begins with a dream, from there you need to develop a burning desire to achieve that dream, and then setup a plan on how to achieve the dream. Along the way you’ll need to learn a great deal but by setting up short term goals you’ll keep your motivation high.

    Joining a group like this will also help a great deal in keeping you motivated and on track. What you need is the desire, knowledge and action to achieve your dreams.
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    • Profile picture of the author paulie888
      Originally Posted by scortillion View Post

      Everyone begins with a dream, from there you need to develop a burning desire to achieve that dream, and then setup a plan on how to achieve the dream. Along the way you’ll need to learn a great deal but by setting up short term goals you’ll keep your motivation high.

      Joining a group like this will also help a great deal in keeping you motivated and on track. What you need is the desire, knowledge and action to achieve your dreams.
      I couldn't agree more. When you hear people wishing about how they could make it in a business if they only had enough money to invest, those people are typically dreamers instead of enablers/doers.

      Without the vision, focus and burning desire burning within them, the dreamers won't be able to realize their dreams even if they had millions of dollars at their disposal. Many people who've never run a business before tend to think that money will solve all their issues and magically make them successful, but without the experience, expertise and drive to make it work, they'll find themselves quitting sooner rather than later. Money is just a crutch and an excuse here, it does not replace any of the traits and qualities that are needed to become successful in business.

      This is why you should never minimize or regret not having enough money during the start-up phase of a business, because this is where you learn the most and acquire invaluable experience and skills that will serve you well when you start becoming successful, and have to know how to invest/handle the money appropriately within your business!
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  • Profile picture of the author Alfredo Carrion
    Technically 63c is still money. I think it's more about not losing sight of your goals, and persevering. You need to make the right decisions as well and learn from mistakes.
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  • Profile picture of the author SPC
    I also think there exceptions in every case.. For the most part, yes you need money in order to make money..
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  • Profile picture of the author SPC
    Originally Posted by butchhamilton View Post

    Absolutely I agree with that statement!

    Too often, especially on the Internet, people seem to think that they can do everything for free, and just get rich. Just is not happeniing!

    You would try to start a business offline with no capital investment, so why in the world would someone think they could join an MLM or network marketing company and do the same with no monetary commitment?

    Excellent insight!

    Thanks!
    Totally agree! No matter what business it is, in order for it to take off and in order for it to grow you need capital! Usually, it is a lot more money then you initally thought it would be. A few exceptions don't change the whole dynamics of starting a business. Obviously the web has made it easier to enter into a market and compete but that doesn't mean there wont be any costs
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    • Profile picture of the author jonathan8
      Definitely NO.

      its inspiration and passion towards your goal. Here is a blog post that has a good article via Simon Sink's book. How leaders get inspiration

      Its all about your "Why." Why you do what you do. Then after you are clear about your "Why," comes what you do and how you do it.

      This is one of the best lessons you can learn to maximize your chances for success. It's simple. If you ask people, they will tell you why their business failed, and in most cases they blame the market, capital and time.

      The real reason is that they are not clear about why they do what they DO. Money is an asset. If you don't have it, you have to work on creating other asset as alternatives like your prospect's list, your massive value and the trust you share with them.

      You will find that soon you will start to become popular and people will start to come to your website and won't need to spend a trillion dollar on advertising.
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      • Profile picture of the author SPC
        Originally Posted by jonathan8 View Post

        Definitely NO.

        its inspiration and passion towards your goal. Here is a blog post that has a good article via Simon Sink's book. How leaders get inspiration

        Its all about your "Why." Why you do what you do. Then after you are clear about your "Why," comes what you do and how you do it.

        This is one of the best lessons you can learn to maximize your chances for success. It's simple. If you ask people, they will tell you why their business failed, and in most cases they blame the market, capital and time.

        The real reason is that they are not clear about why they do what they DO. Money is an asset. If you don't have it, you have to work on creating other asset as alternatives like your prospect's list, your massive value and the trust you share with them.

        You will find that soon you will start to become popular and people will start to come to your website and won't need to spend a trillion dollar on advertising.
        Very true. But so many times when you start a business you focus on the money part.. People expect money for all their hard work and they are not focusing on just building a better business. It's how can I get money quick!
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  • Profile picture of the author BenoitT
    When you receive a free report, do you really give it much attention?

    Human nature is very predictible. If you don't put any money on the line, you don't have the commitment to act. It is not only a matter of doing it free. It is a matter of kicking yourself in the butt and getting the job done.

    Originally Posted by butchhamilton View Post

    Absolutely I agree with that statement!

    Too often, especially on the Internet, people seem to think that they can do everything for free, and just get rich. Just is not happeniing!

    You would try to start a business offline with no capital investment, so why in the world would someone think they could join an MLM or network marketing company and do the same with no monetary commitment?

    Excellent insight!

    Thanks!
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  • I only agree on something, it doesn't matter you pay or not paying money to make money, where the only thing you must have is :

    HARD WORK AND DETERMINATION

    This is the only booster that can drive even further.
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  • Profile picture of the author GuidoB
    You can start from any position to make money. But if you have something to invest, it might makes it easier!
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  • Profile picture of the author StudioArtha
    Great post James. Thanks for the inspiration.

    Curiously, it is the really down and out experiences in life that grant us the most motivation. You remember those times in college (at least i do) when you could only afford rice. Well, ok, rice and beer.

    And you can stand on the motivation you find out of those experiences, and use it to drive you to the top. The stories of someone taking the last $1000 they have and parlaying that into millions are common. Obviously, it is not the money made that happen. It is the indomitable will to succeed that does it.

    "Think and act", goes the saying. Chart you course, set your will power and act.
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    • Profile picture of the author scortillion
      Originally Posted by StudioArtha View Post

      Great post James. Thanks for the inspiration.

      Curiously, it is the really down and out experiences in life that grant us the most motivation. You remember those times in college (at least i do) when you could only afford rice. Well, ok, rice and beer.

      And you can stand on the motivation you find out of those experiences, and use it to drive you to the top. The stories of someone taking the last $1000 they have and parlaying that into millions are common. Obviously, it is not the money made that happen. It is the indomitable will to succeed that does it.

      "Think and act", goes the saying. Chart you course, set your will power and act.
      Ah the days of living on “broke food” – foods that you can only afford when you’re broke, spam, hot dogs, macaroni and cheese, peanut butter and jelly…

      But moments like this can inspire some to greatness, or send then into the depths of depression and poverty.

      What’s the difference? Is it intelligence? Society? Environment? I personally believe it’s the outlook you take and what you choose to focus on. I’m not saying it’s easy, but it needs to be done; you need to focus on the positive, the success, the goal and turn away from the negative and the down side.

      I personally know this is not easy. My dog Taz, who is like a kid to me, has been sick lately and although he’s getting better I can feel the hand of depression grabbing hold whenever I focus on what he when through. It’s not until I turn my attention towards the positive and the fact he’s much better that that grip on me is released.

      The same is true with success and even starting a business. You need the idea, the motivation and then the implantation of the business. Online you can do most of that with no money.

      But to build that business you need to reinvest the money you earn to grow it. The real lesson here is that you do NOT need money to get started, but you DO need money to grow it. But it is through your actions and your positive focus that you succeed. If you fail to learn and keep the focus on the correct path you will fail, no matter how much money you have.
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  • Profile picture of the author xxdksxx
    I believe money can only increase your chances of success but not by much in my opinion. I think that if you do it will no money it will prove to help you further in the future. Think of it this way if you were given everything your entire life how would that effect you? Think of it if you had to work for everything you had your entire life. What are the differences between the two?
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  • Profile picture of the author xtx361
    yes, i believe money attracts money and if have money on hand to invest in good tools, it can start giving your quick good return.
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  • Profile picture of the author shireen
    Hi:

    Shireen here :-)

    I used to believe "it takes money to make money".. but now no more.

    I know how to generate full time income using my knowledge :-)
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  • Profile picture of the author adamsad
    Travis Sago's success is conditional. He is native English speaker.
    What if his writing is at my level. I don't think he can make it big without outsourcing.

    Originally Posted by honestbizpro View Post

    I think the famous original Bum Marketer Travis Sago let alot of us know that money is definitely not the secret ingredient to making money but giving value is.


    Even if you gave your best information out totally free you would end up with a list of people who trust you and value what you have to say or reccomend in the future.
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    • Profile picture of the author scortillion
      Originally Posted by adamsad View Post

      Travis Sago's success is conditional. He is native English speaker.
      What if his writing is at my level. I don't think he can make it big without outsourcing.
      One possibility is to make an agreement with someone to rewrite your work in English and split the rights to the book, or agree to give them a higher commission on all sales they make.

      I'm sure with two versions of the same ebook or article out there with both of you having rights to both articles would work to each other's benifits.
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      • Profile picture of the author adamsad
        Good idea but I won't have unique content. But great idea for ebook. No worries about unique content for ebook.

        I need to adapting business mindset. In business, lack of fund and knowledge are the problem waiting to be solve. Am i?

        Originally Posted by scortillion View Post

        One possibility is to make an agreement with someone to rewrite your work in English and split the rights to the book, or agree to give them a higher commission on all sales they make.

        I'm sure with two versions of the same ebook or article out there with both of you having rights to both articles would work to each other's benifits.
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        • Profile picture of the author scortillion
          Originally Posted by adamsad View Post

          Good idea but I won't have unique content. But great idea for ebook. No worries about unique content for ebook.

          I need to adapting business mindset. In business, lack of fund and knowledge are the problem waiting to be solve. Am i?
          Here is a little info from "Mentored by a Millionaire" by Steven K. Scott...

          Five Facts You Need to Know about Your Lack of Know-How

          There is only one kind of person who is permanently locked out of moving up into the category of superachievers, and that is a know-it-all. Know-it-alls don’t really know it all, they just think, talk, and act like they do.

          And if there is one fact in life, it is that no one can achieve extraordinary success in any area without recruiting outside resources.
          1. We don’t have to be geniuses to achieve extraordinary outcomes and impossible dreams.
            Thomas Edison, “True genius is 1 percent inspiration and 99 percent perspiration.”
          2. We all know a little, and don’t know a lot.
            I have produced award-winning productions because I have partnered with a great producer who recruits crews that include many of the most talented and highly skilled craftspeople in Hollywood.
          3. We all have a few skills, and don’t have most skills.
            The great news is, every skill we would ever need to achieve any of our dreams is possessed by someone else, and therefore can become available to us.
          4. We don’t even have to know how to do those things that are critical to the success of a project or the fulfillment of a dream.
            Nearly everyone I have ever known has mistakenly thought that if they want to achieve something they must at least know how to do those things that are critical to the success of the project or endeavor.

            Never turn your back on a project, opportunity, or dream simply because you do not know how to perform the elements necessary to succeed in the project, seize the opportunity, or achieve the dream.
          5. We have a few natural talents and abilities, and don’t have most.
            Your lack of talent and abilities need never prevent you from achieving your impossible dreams.

          Again this is from Steven K. Scott's book "Mentored by a Millionaire" very good read if you have time!
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    • Profile picture of the author adamsad
      3 asset needed in business as far as I am concern.

      1. Cash
      2. Knowledge
      3. The Right Attitude - which is I think should rank first

      I enjoy talking to you guys. Some of you might generated more than enough money for yourself.

      For the past 5 years, attitude is something I never develop. Only recently I realize how important attitude toward success. I need to start believing I can succeed and make me doing all the work.
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  • Profile picture of the author azncute0228
    Here is a little info from "Mentored by a Millionaire" by Steven K. Scott...

    Five Facts You Need to Know about Your Lack of Know-How

    There is only one kind of person who is permanently locked out of moving up into the category of superachievers, and that is a know-it-all. Know-it-alls don’t really know it all, they just think, talk, and act like they do.

    And if there is one fact in life, it is that no one can achieve extraordinary success in any area without recruiting outside resources.
    1. We don’t have to be geniuses to achieve extraordinary outcomes and impossible dreams.
      Thomas Edison, “True genius is 1 percent inspiration and 99 percent perspiration.”
    2. We all know a little, and don’t know a lot.
      I have produced award-winning productions because I have partnered with a great producer who recruits crews that include many of the most talented and highly skilled craftspeople in Hollywood.
    3. We all have a few skills, and don’t have most skills.
      The great news is, every skill we would ever need to achieve any of our dreams is possessed by someone else, and therefore can become available to us.
    4. We don’t even have to know how to do those things that are critical to the success of a project or the fulfillment of a dream.
      Nearly everyone I have ever known has mistakenly thought that if they want to achieve something they must at least know how to do those things that are critical to the success of the project or endeavor.

      Never turn your back on a project, opportunity, or dream simply because you do not know how to perform the elements necessary to succeed in the project, seize the opportunity, or achieve the dream.
    5. We have a few natural talents and abilities, and don’t have most.
      Your lack of talent and abilities need never prevent you from achieving your impossible dreams.

    Again this is from Steven K. Scott's book "Mentored by a Millionaire" very good read if you have time!
    Wow! This was great. I hope I could read that book. Thanks for this tip scortillion. It inspires me a lot.
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  • Profile picture of the author magnates
    No , you do not need any money to make money . Ofcourse , you can grow your money and help your money earn more money but it is not necessary .You just need to be willing to do some work . Take a job for example , did you spend money to make money in a job or did you work to earn the cash
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  • Profile picture of the author happyme
    For those who say or think that. I would like to show them the history of a person.
    Dirubhai Ambani. Please guys give it a read. His life has the answers.
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  • Profile picture of the author GeorgR.
    I do not agree by a long shot.

    Its the geniuses, entrepreneurs and true warriors who know how to MAKE money, if needed from nothing. This is actually the key, the driving factor to success in IM.

    Today, someone could sit down and start coding and designing a site, based on an idea or a vision. Hardly anything really costs anything. The same person could wake up 2 years later, being a multi-millionaire.

    The big names of today, Zuckerberg, Gates, Godin, Google founders, Apple etc... and all the super affiliates...ask them how they became what they are today?

    They wont tell you "yes i was able to do all this because i had a lot of money". In fact, most of them were poor average nerds with a VISION and MOTIVATION.
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  • Profile picture of the author Zach Crawley
    [DELETED]
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    • Profile picture of the author adamsad
      Originally Posted by zachcrawley View Post

      Disagree,

      I made 5 cb sales and didn't spend a single dime. Sure, it helps to have money starting off, but it's not something you need to make it happen.
      wow...how u do it??
      hubpages????
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  • Profile picture of the author donhx
    You need assets to succeed. One of the best, the one that gives you staying power, is cash.

    Another great asset is knowledge. You can get "sweat equity" with it. It is a kind of capital.

    If you do not have cash or knowledge, get one or the other before you start anything.

    Those great old stories scortillion mentions are part of the mythology from the 19th and early 20th century. But for every one mentioned who succeed on "luck and pluck" alone, tens of thousands failed in misery. The Library of Congress Archives are a great place to learn about the masses that failed.

    Persistence is not enough. Success does take "luck and pluck" but also knowledge and cash.
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    • Profile picture of the author scortillion
      Originally Posted by donhx View Post

      You need assets to succeed. One of the best, the one that gives you staying power, is cash.

      Another great asset is knowledge. You can get "sweat equity" with it. It is a kind of capital.

      If you do not have cash or knowledge, get one or the other before you start anything.

      Those great old stories scortillion mentions are part of the mythology from the 19th and early 20th century. But for every one mentioned who succeed on "luck and pluck" alone, tens of thousands failed in misery. The Library of Congress Archives are a great place to learn about the masses that failed.

      Persistence is not enough. Success does take "luck and pluck" but also knowledge and cash.
      Mythology sir? We know better. You can read many books that tell the life story of men and women who succeed with hard work and smart reinvestment of their money. The people, who wish you to believe that it is impossible for the average person to succeed on their own, with hard work, or those wishing to call it just luck, are those that wish to promote socialism and dependency on the state.

      You, the person control whether or not you succeed. Granted life may through hard knocks your way, but it’s up to you to overcome them. Sure many people failed, but these people also failed to learn what they needed to succeed.

      You cannot decide to program a computer game without first learning how to program. Then you need to learn what people are interested in playing. If for example you learn how to program and then write a game about watching paint dry, then no one is going to buy it.

      You need to learn to succeed and then reinvest what you earn. You don’t need money to get started, but you do need to reinvest the money you earn wisely to become wealthy.
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  • Profile picture of the author athanne
    I support the fact many people have inherited a lot of wealth and ended up in poverty
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  • Profile picture of the author edricwage
    It still depends on the person, if he really want to succeed then no one can hinder him from reaching those goal..even money!
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  • Profile picture of the author Tallguy83
    Money can help accelerate the process of making money if you have a good plan.
    Without a good plan,I suspect that you can easily lose that money.I hope that make sense.(It sounds so convicing in my head)
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  • Profile picture of the author Vincent1988
    I don't agree too, but without money it's far impossible to make money. But Nothing is impossible
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    Looking for a serious JV partnership. Pm me

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  • Profile picture of the author celente
    warrior special offers forum is a classic example of this.

    SO it does take money to make money.

    I know a guy in here, making about $500 a day just off those big banner ads you see up the top.

    Yes they cost a bit, but the money he is making off this far outweighs the money he is outlaying.
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  • Profile picture of the author g36
    Not exactly true. You can use free blogspot for example.
    Signature

    :)

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  • Profile picture of the author crayzrocker
    I think it takes an average amount of money to make lots of money, and it takes a small amount of money to make an average amount. And, it takes no money to make a small amount of money.
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  • Profile picture of the author Nick Walker
    In the outer-internet world this statement is very true. the more you invest the more you earn, take a shop for an example, to build a little one which profits lower then the large one which can profit huge amount of money, costs less. however the situation in the internet marketing is different, you only require extreme minimum on your paypal account.
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  • Profile picture of the author JosephCale
    I totally agree. One needs a clear detailed vision, a plan and determination to achieve the desired goals.

    Unfortunately many are those who get discouraged as they do believe that one needs money to make money.

    However your post said it all. Thanks
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  • Profile picture of the author KLaAz0r
    I am the living proof., I started online with zero, nothing only an paypal account. and now I make over 2k+ a month. I started this year only
    Signature
    I will create high quality graphics
    for $5
    ->CLICK HERE<-
    OFFER ONLY FOR 2 WEEKS
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  • Profile picture of the author art72
    This topic certainly borders the ever lingering question; "Can Money Buy True Happiness?"

    In absolution, I personally believe the answer is; "NO" -but it sure as hell helps!

    Theoretically, the main ingredients for achieving financial success in any business venture have not really changed, and likely will never really change.

    Those ingredients being based on a series of ethical values and principles such as; determination, loyalty, obedience, commitment, perseverance, integrity, and essentially coming to the understanding a real business recipe requires a unified group effort, leverage, marketing, strategies, and a whole lot more than just money!

    Ultimately, if you can feed the masses that which they hunger for (be it knowledge, acceptance, guidance, friendship, companionship, or the "biggun" love...), it does NOT necessarily require you to have money.

    (*Again, it helps...but is NOT mandatory for reaching success in any field...for that is achieved by way of finding yourself!... and making good use of your meaningful existence!)

    After all, what I consider Money may be a scratch in the bucket to a multi-billionaire. Thus, it boils down to perception, and roots in the psychology of he/she who pilots that ship!

    Nearly every great and successful businessman/woman alike have had to have more than money to achieve a level of success in their interpreted version thereof.

    I personally think making money requires a deep psychological practice; (which is 100% free), and something I like to refer to as "The Art of Persuasion."

    This practice (like money, spiritual study, knowledge, etc...) can be used for good or evil solely in accordance to he or she who 'unlocks' or possesses such clarity, and obtains this understanding of human behavior, and chooses to deploy it.!

    -Most people who find such insight...either don't know what to do with it, don't know how to explain it, or simply put....package it, (similar to many religious worshipers). Thus, they fear it, abuse it, misrepresent it...for likened money.... the mindset of true leaders unlock, and master the techniques to use another (or others knowledge) at will. <---the free key to unlocking the "door" to huge amounts of money, if you will!

    In my personal philosophy/belief; being able to conceive your personal version of success is often more challenging then the actual physical assembly of the idea or concept.

    Hence, for many...they never leave the starting gate, take risk, or truly convince themselves they are capable of being happy and ultimately, successful, as society at large systematically would prefer it. (if not, do explain why 95% never conquer the chains of conformity that are so tightly bound around limitation!) <---I do not believe in limitations. (Moderation maybe...limitation = slavery!)

    Without getting to deep, it's apparently clear society dictates what is constituted by the majority as acceptable, and yet...95% of society conforms to these beliefs, and suffers greatly for it. Society somehow sews this disillusion that we are incomplete...when in reality..we are RESOLUTE. (Money is just a measuring tool!)

    Certainly, there are many benefits that can enable success by throwing piles of money at idea or concept. However, there too is usually an "idea man or woman" behind the scenes that concocted a flavorful recipe, by tweaking the available ingredients, and left hungry consumers drooling for MORE!!!

    Heck, a bum flying a sign; "need more beer" might be perfectly content just to accomplish the obtainment of a "cold-one!"

    Whilst names like "Budweiser" are more renowned for reaching the pinnacle of success, and deployed all the practices and priciples mentioned above to become a "Billion-Dollar Company."

    If you asked me if I preferred money over like minded individuals with great ideas, and no money...I'd choose the latter!

    Damn...could write a book on this one day! (maybe even soon...lol)

    P.S.- for the record, 3 months ago I looked at my first cpanel...I was lost, and that little voice in my head said; "You'll never figure all this out"...Today, I have several sites up and running, and have now moved onto SEO, Traffic, autoresponders, and list building...which admittedly, is nearly as intimidating as that cpanel was just a few weeks back."

    My theory...scratch, and claw, and grip the rails...anything else is not worth selling!
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    Coming Soon... *Laser Targeted Lead Generation Services
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    • Profile picture of the author SPC
      Originally Posted by art72 View Post

      This topic certainly borders the ever lingering question; "Can Money Buy True Happiness?"

      In absolution, I personally believe the answer is; "NO" -but it sure as hell helps!

      Theoretically, the main ingredients for achieving financial success in any business venture have not really changed, and likely will never really change.

      Those ingredients being based on a series of ethical values and principles such as; determination, loyalty, obedience, commitment, perseverance, integrity, and essentially coming to the understanding a real business recipe requires a unified group effort, leverage, marketing, strategies, and a whole lot more than just money!

      Ultimately, if you can feed the masses that which they hunger for (be it knowledge, acceptance, guidance, friendship, companionship, or the "biggun" love...), it does NOT necessarily require you to have money.

      (*Again, it helps...but is NOT mandatory for reaching success in any field...for that is achieved by way of finding yourself!... and making good use of your meaningful existence!)

      After all, what I consider Money may be a scratch in the bucket to a multi-billionaire. Thus, it boils down to perception, and roots in the psychology of he/she who pilots that ship!

      Nearly every great and successful businessman/woman alike have had to have more than money to achieve a level of success in their interpreted version thereof.

      I personally think making money requires a deep psychological practice; (which is 100% free), and something I like to refer to as "The Art of Persuasion."

      This practice (like money, spiritual study, knowledge, etc...) can be used for good or evil solely in accordance to he or she who 'unlocks' or possesses such clarity, and obtains this understanding of human behavior, and chooses to deploy it.!

      -Most people who find such insight...either don't know what to do with it, don't know how to explain it, or simply put....package it, (similar to many religious worshipers). Thus, they fear it, abuse it, misrepresent it...for likened money.... the mindset of true leaders unlock, and master the techniques to use another (or others knowledge) at will. <---the free key to unlocking the "door" to huge amounts of money, if you will!

      In my personal philosophy/belief; being able to conceive your personal version of success is often more challenging then the actual physical assembly of the idea or concept.

      Hence, for many...they never leave the starting gate, take risk, or truly convince themselves they are capable of being happy and ultimately, successful, as society at large systematically would prefer it. (if not, do explain why 95% never conquer the chains of conformity that are so tightly bound around limitation!) <---I do not believe in limitations. (Moderation maybe...limitation = slavery!)

      Without getting to deep, it's apparently clear society dictates what is constituted by the majority as acceptable, and yet...95% of society conforms to these beliefs, and suffers greatly for it. Society somehow sews this disillusion that we are incomplete...when in reality..we are RESOLUTE. (Money is just a measuring tool!)

      Certainly, there are many benefits that can enable success by throwing piles of money at idea or concept. However, there too is usually an "idea man or woman" behind the scenes that concocted a flavorful recipe, by tweaking the available ingredients, and left hungry consumers drooling for MORE!!!

      Heck, a bum flying a sign; "need more beer" might be perfectly content just to accomplish the obtainment of a "cold-one!"

      Whilst names like "Budweiser" are more renowned for reaching the pinnacle of success, and deployed all the practices and priciples mentioned above to become a "Billion-Dollar Company."

      If you asked me if I preferred money over like minded individuals with great ideas, and no money...I'd choose the latter!

      Damn...could write a book on this one day! (maybe even soon...lol)

      P.S.- for the record, 3 months ago I looked at my first cpanel...I was lost, and that little voice in my head said; "You'll never figure all this out"...Today, I have several sites up and running, and have now moved onto SEO, Traffic, autoresponders, and list building...which admittedly, is nearly as intimidating as that cpanel was just a few weeks back."

      My theory...scratch, and claw, and grip the rails...anything else is not worth selling!
      3 months ago you had know idea how to use the Cpanel and now you are developing numerous sites??? Wow!!!
      {{ DiscussionBoard.errors[3890244].message }}
      • Profile picture of the author art72
        Originally Posted by SPC View Post

        3 months ago you had know idea how to use the Cpanel and now you are developing numerous sites??? Wow!!!
        Absolute truth Brother! (Except...I'm not necessarily developing the sites in their entirety, as so much as learning to tear em down, re-structure them, and then host them.)

        Having learned a massive amount in a short time, I owe much of the credit to those (Warriors) who see the value in sharing and creating a unified effort or as I prefer to call it mind-share to assisting people achieve their goals.

        Prior to this new expedition, I was self-employed for nearly 20 years in the swimming pool construction and renovation trade, and had never used a computer...

        I was too busy paying for Trucks, Bobcats and Mini-Excavators (and of course....FUEL) and working my tail off 60, 80, even 100 hours per week!

        Having taking an hourly job 2 years ago...you could say I am highly motivated to learn the art of web-mastering a.s.a.h.f.p.!

        This is just the beginning... I see an entire matrix of opportunity online for pennies on the dollar (if spent wisely) and the biggest handicap for me has been learning HTML, and using the tools (i.e. FileZilla, NotePad++, AWeber , etc...)<----many...many, frustrating hours!

        Plus, nobody I know has any 'real' computer knowledge...at least not at the level I seek.

        I have a running bet with my wife I can turn a maximum of $5,000 into $100,000 or more online in 1 Year.

        We made this bet on April 22nd, 2011. So far, I have invested maybe $1,800. (To date, I have earned $1.10 w/ Medley Network...lol) But, my real focus is on bigger things that take time to assemble.

        But just imagine.... 3 years from now, you look @ that once $0.00 balance Pay-Pal account, and it suddenly has 1000 loyal members paying a measly $49.99 per month or so...to learn everything they'll need to obtain their freedom (that which what you and I are learning now...for free or inexpensively) and what seemed like overnight you now rake in...

        1000 loyal members @ $49.99 =$49,999 per month or $599,988 per year! (on memberships alone!) The numbers don't lie!

        ^^^^^^^^^^^That's my motivation baby!^^^^^^^^^^^^
        (+ resell products, + affiliate offers, + eBooks, + WSO's , etc...)
        ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

        It's not about the money...it's about time and freedom to do and become what you love!

        I was never a pool builder by choice, that was my job and I did it well!

        But, I am an artist and philosopher..