It Takes Money To Make Money, True or False?

You have surely heard this statement before.  think about this statement and think about who told it to you and in what context they told it to you.  Let me cut to the chase.  In my opinion, I usually hear this everytime someone sees a company getting acquired, or some large investor making yet ANOTHER killer investment, or basically anytime we see or know someone having success.  Basically, these people are creating a reason in their mind why someone else is making money while they are not.  So, in my opinion, the statement "It Takes Money To Make Money" is FALSE.  It is an excuse. 

Just because you have money, does not mean you will make it.  It takes a heck of a lot more than money to create a start up and see it grow to the levels of success that you dream of.  It takes passion, energy, motivation, and an edge.  Mix these key ingredients with a bit of planning, mild organizational skills, and a good network of friends and colleagues, and you have a fighting chance to succeed.  So do not lose hope young and new entrepreneurs who are out there with doubts as to their chances of success.  If you are passionate about your business and determined to make it succeed regardless of the odds stacked against you, then you have all you need to succeed.  Don’t let the nay sayers bring you down.  You can do it.  Don’t let excuses or doubt creep into your mind, keep staying positive, and keep forging ahead. 

Posted by CleverStart Wed, 03 Sep 2008 05:00:00 GMT