Would It Be Wise To Loan Someone Money To Start In My Internet Business To Earn Money Online?

Thursday, May 6th, 2010 at 11:53 AM

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I have been asked the question, “Is it a good idea to help a friend out and loan them money to start in my internet business?” The answer to that question will always be a firm “no”. It is not as though I do not want to help people earn money online. I just see it as being more harmful than good when you start loaning others money to start the internet business.

The reason behind my thinking is that when you pay for things for them, they don’t take it as serious as they are not as invested as they need to be to take an internet business serious. If you come out of your pockets with a few hundred dollars, it will make you more motivated to really work it hard. You will look at it as you most definitely want to make your money back and even more once you get the hang of it.

It is a lot easier to just walk away and forget about an internet business if you have not invested in yourself.

You may ask me, “What if there really is no working capital for my friend to utilize?”

What I have seen in the past when people say that they don’t have the money is that they may not be as truthful as one would want them to be. There are a lot of situations where people have the money but they are just not inclined to spend it. If you do run into the situation where a friend REALLY doesn’t have the money and REALLY wants to get in to the business, they would be more likely to save for a couple of months so that they can do it themselves.

I know that for some people this article is going to sound a little mean. However, trust me when I say that if someone REALLY wants to be in an internet business they will make it happen so they can earn money online. If you have to beg and plead and give them the money… they probably don’t want it that bad in the first place.

And on top of that, there is a little saying, “You shouldn’t mix friends and money!” It would be a huge mistake to loan money to a friend to start an internet business to earn money online that they had no real intentions of working, only to lose them as your dear friend.

To make sense of it all, let all of your friends know how wonderful your internet business has been and how wonderful it has been working from home. Just remember, please save yourself a lot of heart ache and arguments by not lending money so that they can earn money online. Everyone will be a lot happier after they do it for themselves.

Plus they will have more of a feeling of a sense of accomplishment! That always feels best!