do you need money to make money!??
By lunardog
@lunardog (12)
India
September 12, 2009 9:46am CST
hey guys...
heres something very very interesting and im sure everyone has different takes on this subject.. you see many people, enterpreneurs and businesses going from rags to riches... whats their secret? what sets them apart?
one thing for sure, you do not need money to make money!!!!!!
thats because
if i may say so, making money is more of a personal skill than a technical qualification!!
2 people like this
11 responses
@ladym33 (10979)
• United States
13 Sep 09
Well, you don't need to, but often times those who have money are often able to make more of it because they have the ability to risk more money to invest in stuff and if it pays off they have made more money. Most people don't have enough money to make investments and take risks so they never make any extra money from investing and taking risks. However, there have certainly been people who have had no money rise up and become very wealthy.
1 person likes this
@Eisenherz (2908)
• Portugal
14 Sep 09
You don't need money to get the usual money that everyone gets on a real and daily job. You do need money if you are on the field of investments, or have a business. In that case you can't expect profit if there isn't some money envolved beforehand.
@robert19ph (4577)
• Philippines
13 Sep 09
hello lunardog,
that totally depends on what we are dealing into. when we are on business, for sure we need money to make money. but if we are the one giving our services and talent/s, indeed money is not required but brain.
@bloodcakelover (420)
• Malaysia
13 Sep 09
sometimes it need us to pays an ammount to make money and sometimes not.It is all up to us if to make the right decision on that.If we want to earn from online we need to spend money but when it comes to life,i say we all need to have good skill not money.
@rosekiss (30414)
• Eugene, Oregon
13 Sep 09
I think it despends on what you are doing to make money. The affiliate progrmas take money, but you need to work them to get anything in return. Others, it jsut depends on what you have to do to get paid. I personally, prefer to just stay with the free sites as it is safer that way. I have been scammed way to many times and I don't want it happening again. I lost money while in turn they ran off with my money and I got nothing to show for it. I am pretty careful what I put my money into. I don't want to lose it again, as it just doesn't feel good, not to mention it isn't nice for people to scam others. Good luck to you and happy myloting.
@Jackie2009ws (113)
• China
13 Sep 09
I don't think so .Evev if you have invested so much money,you can earn it back one day.No matter how many scams you have met,after the process of making money yourself,you could get much experience at least which is precious spiritual treasure.
@WebMann (4731)
• Canada
12 Sep 09
I have to say you need money to make money. I am talking to make a living online here in Canada.
I have a few sites that I make a little money on just starting discussion, like here at Mylot but that doesn't make me much money based our of cost of living. But it's fun and I get to use the money I do make to buy more domains.
I made most of my money through affiliate marketing but wouldn't be far if I did it all without using any money.
First I would have to find a free service to blog on and I have tried it and don't like it at all.
Then you have buy a domain and hosting which costs money.
I also buy products to review which again costs money.
I tried the free route for a number of years and only made spending money, just a few hundred a month but that's not nearly enough to live here in Canada. So I had to start investing in my business and my income just kept growing.
@connierebel (1557)
• United States
12 Sep 09
I don't think you need money to make money online, if you get an affiliate program that you can join for free. But most of the money-making schemes you see nowadays where they show the rags-to-riches stories, are not free. But I think they are scams, because if the testimonials they have were really true and those people were really broke, how did they come up with the startup fees? I know I can't afford those fees, which is why I don't do any of those money making schemes.
@crystaltips (219)
•
12 Sep 09
My dad is one of those people who is really good with money. Whereas my life has been a series of bad financial mistakes (for example, I bought two houses which both lost money and were repossessed because the payments went too high), my dad has made making money look effortless. Every time he buys a house, he makes loads on it. He had a factory and sold it when it was condemned to be demolished, and even managed to get a good price for it. He shifts his shares around and makes half my yearly earnings in one month.
He tells me that even when he was young and poor, he always had more money than his friends. Yes, it is definitely a skill!