True or False? — It Takes Money to Make Money
by college-information_admin201907
college-information_admin201907 123件のコメント

The short answer is YES; of course it takes money to make money. To make money in the stock market, you must have money to make the initial stock purchases. Starting a business requires money to buy inventory, marketing materials, office space and equipment. Even lottery winners have had to have the seed money.

The ability to execute an idea

Great inventors and industrialists became great, not so much because of their ideas, but because of their ability to execute. This is the crucial aspect.

It Really Does Take Money to Make Money

Now before discouragement sets in, I want to stress that it doesn’t necessarily have to be your money. As we all know, ideas have value. This value can be unleashed by using other people’s money (OPM). OPM, has launched many a fortune based on nothing more than a fine idea.

What these great men had in common was the ability to execute, which as we’ve already determined, requires money.

Ideas, however, are like sphincters—everybody has one (or more). Taking an idea from wishful thinking to a viable business enterprise requires (you guessed it) MONEY! In the not too distant past, finding the money to turn ideas into realties was an arduous task. Loans from friends and family, bootstrapping with your own assets and credit, angel investors and venture capitalists were the only available sources of capital.

The process of turning an idea into a commercially viable product or service is known in the entrepreneurial community as execution. Great inventors and industrialists became great, not so much because of their ideas, but because of their ability to execute. Samuel Morse wasn’t the first to invent the telegraph; Thomas Edison was not the first to conceive the light bulb and the venerable Alexander Graham Bell wasn’t the first to envision the telephone. What these great men had in common was the ability to execute, which as we’ve already determined, requires money.

History of these inventions

If we delve into the history of these three inventions, we learn that an Italian, Antonio Meucci, was the first to develop a working telephone. He filed a temporary patent 5 years before Bell but poverty and poor health prevented him from paying the patent office the $10 fee required for the patent’s renewal.

Heinrich Goebel was likely the first to invent the light bulb. In fact, he tried selling Edison on the idea but Edison wouldn’t bite. Goebel died a couple of years later and Edison bought the patent from Goebel’s impoverished widow for a song.

A French inventor by the name of LeSage invented the telegraph 60 years before Samuel Morse. The idea didn’t take root in France but Morse brought it to fruition here in America.

These examples demonstrate the important roles money and execution play.

—

Post from Your Finances Simplified

— 123 Comments —

  3. Завод из России реализует гантели на https://razbornye-ganteli.ru/ по приятным ценам. Для тренировок в домашних условиях – это самый лучший комплект с маленькими габаритами и внушительной функциональностью. Продаются в полном наборе с фиксаторами и гантельными грифами.Утяжелители наборные позволяют заниматься с разной массой. Реализуем внушительный выбор категорий от мировых марок в сетевом магазине.

  6. After I originally commented I appear to have clicked on the -Notify me when new comments are added- checkbox and now each time a comment is added I recieve four emails with the exact same comment. Is there a way you are able to remove me from that service? Kudos.

  11. Oh my goodness! Impressive article dude! Many thanks, However I am encountering problems with your RSS. I don’t understand why I am unable to subscribe to it. Is there anybody else getting the same RSS problems? Anybody who knows the solution will you kindly respond? Thanks.

  12. You made some decent points there. I looked on the web for more information about the issue and found most people will go along with your views on this site.

  13. Having read this I thought it was really enlightening. I appreciate you finding the time and energy to put this information together. I once again find myself personally spending a lot of time both reading and commenting. But so what, it was still worthwhile.

  14. The very next time I read a blog, Hopefully it doesn’t disappoint me just as much as this one. I mean, I know it was my choice to read, but I actually thought you’d have something interesting to say. All I hear is a bunch of moaning about something that you could possibly fix if you weren’t too busy looking for attention.

  20. After checking out a few of the blog articles on your site, I honestly appreciate your way of writing a blog. I saved as a favorite it to my bookmark website list and will be checking back in the near future. Please check out my web site too and tell me what you think.

  21. Your style is so unique in comparison to other folks I have read stuff from. Many thanks for posting when you have the opportunity, Guess I will just bookmark this site.

  23. An outstanding share! I’ve just forwarded this onto a colleague who had been doing a little homework on this. And he in fact ordered me breakfast due to the fact that I discovered it for him… lol. So let me reword this…. Thank YOU for the meal!! But yeah, thanks for spending some time to talk about this issue here on your web page.

  24. Next time I read a blog, Hopefully it does not fail me as much as this particular one. I mean, Yes, it was my choice to read through, but I really believed you would probably have something useful to say. All I hear is a bunch of complaining about something that you could possibly fix if you weren’t too busy seeking attention.

  35. A motivating discussion is worth comment. There’s no doubt that that you should write more on this subject matter, it might not be a taboo matter but generally folks don’t discuss such issues. To the next! Cheers.

  36. Hi, I do think this is an excellent site. I stumbledupon it 😉 I am going to revisit yet again since i have saved as a favorite it. Money and freedom is the greatest way to change, may you be rich and continue to help others.

  39. I was pretty pleased to uncover this great site. I need to to thank you for ones time for this wonderful read!! I definitely enjoyed every little bit of it and I have you saved as a favorite to look at new information on your website.

  41. Next time I read a blog, I hope that it won’t fail me just as much as this particular one. After all, Yes, it was my choice to read, nonetheless I truly thought you would have something interesting to say. All I hear is a bunch of moaning about something that you could possibly fix if you were not too busy looking for attention.

  46. An impressive share! I have just forwarded this onto a colleague who had been conducting a little homework on this. And he in fact ordered me dinner simply because I discovered it for him… lol. So allow me to reword this…. Thanks for the meal!! But yeah, thanks for spending time to talk about this subject here on your site.

  47. Having read this I believed it was really informative. I appreciate you taking the time and energy to put this short article together. I once again find myself spending a lot of time both reading and leaving comments. But so what, it was still worth it!

  52. Hi, I do think your blog could possibly be having browser compatibility issues. When I take a look at your website in Safari, it looks fine but when opening in I.E., it’s got some overlapping issues. I merely wanted to give you a quick heads up! Besides that, great website.

  54. I blog quite often and I seriously appreciate your content. This great article has truly peaked my interest. I am going to book mark your website and keep checking for new details about once per week. I opted in for your RSS feed too.

  58. Hi there! I could have sworn I’ve been to this site before but after looking at a few of the articles I realized it’s new to me. Anyhow, I’m certainly happy I came across it and I’ll be bookmarking it and checking back often!

  61. Hi, it’s Charles here, pertaining to you from the land of unlimited opportunity– or as we like to call it, the 1K a Day System. Here, we teach you how to earn more than a well-fed squirrel gathers nuts for the winter. If you’re all set to accumulate those digital acorns, get on board! Let’s make your bank account as plump as those saucy animals by registering today.

  64. You are so cool! I do not believe I have read through anything like that before. So great to discover another person with some original thoughts on this issue. Seriously.. many thanks for starting this up. This web site is one thing that is needed on the web, someone with a little originality.

  65. Hey! I’m Charles, and if you’re tired of the 9-to-5 grind and believe workplace coffee tastes like despair, I’ve got good news for you. Welcome to the 1K a Day System, where we swap coffee for money flow and desks for financial self-reliance. Are you ready to trade in your tie for a ticket to liberty? Let’s turbocharge your incomes and have some enjoyable along the method!

  68. Hi there! Just wanted stopping by to praise your awesome blog. Your insights on affiliate marketing are truly inspiring. Making money from home has never been more achievable with affiliate marketing. It’s all about leveraging your internet presence and marketing goods or services that resonate with your audience. Your blog is a treasured resource for anyone curious about making money from home. Keep doing the fantastic work!

  69. The very next time I read a blog, I hope that it won’t disappoint me just as much as this one. I mean, I know it was my choice to read through, however I genuinely thought you would probably have something useful to say. All I hear is a bunch of crying about something that you could fix if you weren’t too busy seeking attention.

  70. Hi there! Just wanted saying hello to praise your awesome blog. Your insights on affiliate marketing are truly commendable. Making money from home has never been more achievable with affiliate marketing. It’s all about leveraging your online presence and marketing items or services that resonate with your audience. Your blog is a valuable resource for anybody curious about affiliate marketing. Keep on the great work!

  71. Everything is very open with a precise clarification of the challenges. It was definitely informative. Your site is very helpful. Many thanks for sharing.

  72. Hey there! Just felt like saying hello to show my appreciation for your amazing blog. Your knowledge on affiliate marketing are truly impressive. Making money from home has never been more achievable with affiliate promotion. It’s all about leveraging your online presence and marketing products or services that resonate with your audience. Your blog is a precious resource for anyone curious about making money from home. Keep on the great work!

  74. May I just say what a relief to discover somebody that truly understands what they are discussing on the web. You actually know how to bring an issue to light and make it important. More people should read this and understand this side of your story. I was surprised that you are not more popular because you surely have the gift.

  75. Hi, I do think this is a great blog. I stumbledupon it 😉 I’m going to return once again since I book-marked it. Money and freedom is the best way to change, may you be rich and continue to guide others.

  78. You are so interesting! I don’t think I have read through anything like that before. So wonderful to discover another person with a few unique thoughts on this subject. Seriously.. many thanks for starting this up. This web site is something that is needed on the internet, someone with a bit of originality.

  80. I would like to thank you for the efforts you’ve put in writing this website. I really hope to view the same high-grade blog posts by you in the future as well. In truth, your creative writing abilities has encouraged me to get my very own blog now 😉

  87. After looking at a handful of the articles on your web site, I seriously appreciate your way of writing a blog. I added it to my bookmark website list and will be checking back soon. Please check out my web site as well and tell me your opinion.

  88. Motchilltv.fyi – Trang web xem phim Online chất lượng Full HD với giao diện thân thiện, trực quan cùng kho phim với hơn 15.000+ bộ phim mới và phim hot hiện nay.

  93. I absolutely love your website.. Very nice colors & theme. Did you create this website yourself? Please reply back as I’m planning to create my own personal website and would love to know where you got this from or exactly what the theme is called. Cheers.

  103. Good post. I learn something totally new and challenging on sites I stumbleupon every day. It will always be useful to read through articles from other writers and use something from their websites.

  104. I blog frequently and I genuinely thank you for your information. Your article has really peaked my interest. I’m going to take a note of your blog and keep checking for new details about once a week. I subscribed to your RSS feed too.

  109. The next time I read a blog, Hopefully it does not fail me as much as this particular one. I mean, Yes, it was my choice to read through, however I actually believed you’d have something interesting to say. All I hear is a bunch of complaining about something you could fix if you weren’t too busy searching for attention.

  110. Appreciating the dedication you put into your website and detailed information you
    present. It’s great to come across a blog every once in a while that isn’t the same unwanted rehashed information. Great read!
    I’ve saved your site and I’m including your RSS feeds to my Google account.

  113. Right here is the perfect site for anybody who wishes to find out about this topic. You know a whole lot its almost tough to argue with you (not that I actually will need to…HaHa). You definitely put a brand new spin on a subject which has been discussed for ages. Great stuff, just great.

  115. I’m amazed, I have to admit. Rarely do I come across a blog that’s equally educative and amusing, and without a doubt, you’ve hit the nail on the head. The issue is something which not enough men and women are speaking intelligently about. I am very happy that I came across this in my hunt for something concerning this.

  118. Howdy, I believe your website might be having browser compatibility issues. Whenever I look at your site in Safari, it looks fine however, when opening in Internet Explorer, it’s got some overlapping issues. I merely wanted to provide you with a quick heads up! Apart from that, great blog.

  122. I must thank you for the efforts you have put in writing this website. I’m hoping to check out the same high-grade content from you in the future as well. In truth, your creative writing abilities has inspired me to get my very own website now 😉

  123. A fascinating discussion is definitely worth comment. I believe that you ought to write more about this issue, it might not be a taboo subject but typically people don’t talk about these topics. To the next! All the best.

コメントを残す

メールアドレスが公開されることはありません。