Thursday, October 29, 2009

"I don't want to spend money to make money"

I'm always suprised when I hear the argument that "I don't want to spend money to make money" because that's what you're doing when you go to work at a regular J.O.B. so that argument seriously makes no sense.  Not sure what I mean?

Let me ask you, when you have a J.O.B. that you have to travel to and from on a daily basis, how do you get there?  Right, you either drive or take a bus, maybe you car pool to save a few bucks or if you're really lucky you can walk to work, but most people can't as their job is too far away from home.  Let's say you drive to work.  How much is your gas expense on a monthly basis?  $200?  $300?  $500 or more?  I know in my husband's business where he's a soul proprietor, his fuel expense is an average of $600 - $800 a month but he can write it off as a business expense.  At a regular J.O.B., can you write off your fuel?  Probably not.

Ok, a lot of jobs require a certain dress code so there's another expense and yes, you can argue that we need to buy clothes anyway...that's true, but would you really wear those same work clothes to go to a social event?  Depending on what your clothes are, probably not and I'm referring to coveralls, work boots, waitress aprons, hard hats, nursing scrubs and those sorts of job related clothes.

How about rising costs of daycare?  If I had a nickel for every time that a parent told me that daycare was too expensive, I'd be making twice as much as I do now!  

There's a lot of other smaller incidentals that we can chalk up to the expense of going to work but the bottom line is that we have to spend money to make money no matter how you cut it.

I had one guy visit my site who suggested that he shouldn't have to pay to start an online business and that the company should just deduct from his pay what his start up costs were once he started making money.  I thought that was very interesting and decided to explore that with him and so I asked him; if he were to start up a business in the physical, would he have to rent, lease or purchases a building or some office space?  and he agreed that yes he would have to, which led me to ask him if he would have to have some kind of supplies and/or inventory in that space to operate his business and of course he agreed.  I think you can guess where this line of questioning was going but in the end, I asked him if he felt that all of those start up costs should be waived because as he put it, he shouldn't have to pay to start a business and therefore, once he started earning an income, everyone who pitched in by supplying all of those things to him at no cost could then deduct that from his earnings.  He got the picture.

You can not start any kind of a business for free, be it online or in the physical and if anyone out there tries to tell you differently, I hope you're able to have a long hard look at their offer before making any kind of a commitment because it is simply not possible.  Common sense says so doesn't it?

I'm not saying you have to invest thousands and thousands of dollars, I didn't but one thing I want people to think of is that once they've found the right business for themselves that they're willing to invest in, they need to view it as investing in themselves as they're really actually investing in their future, and that future will invest back into them whereas the boss from a J.O.B. won't.

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