If I was not so cheap, I could make more money online!

You all have heard the comment before, "the more money you spend, the more money you can make." Do you think one of the reasons why you or people online are not making the money they want, is because they are not spending any money?

Now we all know that starting a online business is cheap, but is it so cheap that its keeping you from making money? Talk to me people!

 

I think people (well this is reffering to me) dont spend enough time working on quality stuff.

I waste my time browsing these forums instead of getting out there and writing articles or what not.

I think alot of peole are like this.

Just my opinion though,

sean

 

You're totally right, I spend hours on DP instead of doing other works with wich I can do money.

But we also profits lots of things from DP .

 

Yep you are right! Money must be spent to establish the online business, whether its a blog/site/directory/store if money is not spent on it, it will not develop much!

Proper seo, quality unique content, good design etc. costs month, so if one dosenot spend money, its likely that the earnings will will be low. so if you stay cheap, you earn cheap

 

No, you can earn money online without any money of course, but it takes much time. If you're looking for fast money you must invest money before.

 

I like how you put that "Stay Cheap, You Earn Cheap".

So what you are saying is, When it comes to making money and applying your seo strategy, spending money should be part of that strategy?

 

I think the larger issue is that it takes time. Months to get a decent traffic flow.

 

Of course people need to be careful with how they spend the money, as well. Unfortunately there are a lot of scams out there, and some people waste all their money on that instead of putting it to good use.

 

I started out with Zero dollar. If you can offer service as a freelancer, you can start making money.

But it is true it takes money to make money.

 

From what i know if u r ready to spend money u will see large profit in short time but if u want to go free way,then it may take some time before u can see some good profits.

 

So it seems spending money can help, so whats the minimum? What is the minimum amount you should spend to make a profit? $1, $10, $100 etc?

 

this obviously depends on what kind of business you are starting out. For example for domaining business, you need to invest big amount if you really make to money fast.

 

if you are a good designer, coder, writer, seo expert yourself, then you can make large profits and develop quickly without spending any money, am not! and most people can't do everything by themselves.

Seo part, i think everyone should promote their sites by paid means, free seo dosenot help much in the long run, and if you got a store site, or you sell something then you must try ppc for sure.

All this requires money, so being cheap dosenot helps much...

 

Just want to say, money makes money.

 

well I partially6 agree if you writea good blog and make a good video on youtube and nake a good cheap site then you do not have to spend allot to male allot only if you work allot and know how to write good content

but in general from what I have learned is being cheap ends up costing you more money in the long run sticking to quality first will nake you the money and using quality goods also is cheaper in the long run

 

IMHO, you don't need to spend in order to make money online. But yes! if you're willing to spend then you can make profits in short span of time. In any case, spending money is not a strict requirement.

 

"the more money you spend, the more money you can make."

Yes, it is always be said like that. We should describe as "consumption means investment."
Bcoz you invest(consume) more money, so you reap more benefits .
But it is not alway true . They are true under certain conditions.

 

Good point!! So what do you think? What are the niches you should be cheap with and what are those niches you need to dump your money in?

Domain Resell business is one? Any more we should be aware of?

 

Well, money certainly didn't fall from the sky and it does take time to earn it...

To me, patient, dedication and determination is the important factors in the online earning world!

 

But is have patients, dedication and determination being to cheap or if you add, spending a little money in the mix, you it help?