Does It Take Money To Make Money?
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It Takes Money!
Do you think the old saying is true? “It takes money to make money!”
Yes! A successful businessman invest about 25% – 50% of his income into his business.
Income
Yes, income. That means when you are earning money, you should invest part of your income it back into your business.
Although some Money Making Entrepreneurs invest 100% back into their fledgling business, I do not recommend that. It may be good for getting more resources, but it has a negative motivational value. Consider this… Would you be more motivated to spend a couple hours a day writing high quality posts, if at the end of the month you get nothing… Or, if at the end of the month you put $50 bucks in your pocket!
It just goes without saying that when you can say, “you know, I was able to buy something because of my website” or “I was able to do something, or go someplace, because of my website”, that really makes a difference… So let’s take a closer look at what you can do to invest in becoming a better Money Making Entrepreneur. Continue reading