Thursday, September 11, 2008

It takes $$ to make $$.......right?

I've often heard the expression:

"IT takes money to make money."

Many times the context of this statement is the excuse I'm hearing from a person for his not being rich. It also tells me he has no ambition of becoming rich.

Well - I wholeheartedly disagree. President Lincoln also has something to say about that:

"Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration." Abraham Lincoln

Not making any sense?

First of all: what does it mean to be RICH?

I'll often say that there's a difference between being broke and poor. Broke is temporary and poor is forever.

I find myself broke quite frequently. But I know I'm not poor. I'm rich. Mostly it's a decision of attitude.

No not an attitude of "I'm rich, so I'm going to buy a brand new Nissan Titan and make $600/mo payments." Not an attitude of look at what I drive, where I live, what I wear and you'll know I'm rich attitude.

It's an attitude of: "I may be broke right now, but I'm RICH! Got my hot wife, my beautiful kids, a place to live, a car to drive." It's a "count your many blessings" kind of attitude.

Now, back to the theory of it taking money to make money. Again, that's the EXCUSE. I've talked to a lot of RICH people. Often times their stories are similar. They didn't start with a bunch of money and get rich. They started with their labor.

The money was a fruit of their labor.

I met a man that was a very simple, country bumpkin man. He wasn't college educated. I don't know if he was even highschool educated. But he had integrity and he worked hard. He owned a very succesful roofing company with his brother.

I asked him how he got started.

With a big grin and chuckle he said: "You wanna know the truth?"

"Of course" I replied.......

"I read the package at Lowe's."

NO JOKE! After working for McDonald's for years, Sam East read the back of the package of shingles at Lowe's store on how to replace his mother's roof. Their agreement was she would buy the air compressor and nailers he needed to do the job plus the materials.

Sam and his brother then went on to build a multi-million dollar roofing company.

Does it take money to make money? Yes. The question is where does it come from?

But you don't have to start with money to make money. You have to start with desire. Survive on determination. Starve with perserverence. Hope for success. Pray that you make it!


Alice Wills Gold said...

Love this post.

Good to know we are rich.

Imagine where we are going to end up with all this hard work and perserverance.

crashomatic said...

Faye has 7 dozen cookies...we'll probably just end up bloated.