Wednesday, August 25, 2010

You Need to Spend Money in Order to Make More Money

Being in the online marketing industry for many years, I've realized that there is one thing in common among those who are successful. They are all willing to spend money to test things out, in other words, taking risks.

Those who are not successful often hesitate and not willing to spend any money in growing their business.

I've taught quite a few people about internet marketing over the years and some of them managed to build a good side income stream through free methods. And yet after so many years, a few of them are still asking me if they should invest on their own domain names and hosting which they should have since day 1. How much does a domain name cost? $10?

I can understand that people would feel risky having to spend their hard-earned money on things like this especially if they haven't made a single dime on the internet yet.

But, if you have already been making money, there is absolutely no excuse as to why you shouldn't be re-investing the money that you've made to grow and expand your business. No excuse!

Write Small Checks To Cash Bigger Checks!

You have to remember that this is a business and you have to treat it like a real business. Investing money and taking risks is necessary for the growth of your business. Whether if you're buying more advertisements, spending on training courses, spending on tools and software or hiring people for various tasks. These are the things that will help you grow and make you more money.

Like they always say, you have to write small checks to cash in bigger checks.

Bottom line, you'll have to take risks in order to succeed in this world. If you are not willing to spend any money at all, then you shouldn't be thinking about starting a business. So get over it!


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