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April 2, 2015

Love vs Money

I (Who Have Nothing) is a song originally released in English by Ben E. King in 1963. It is based on the Italian song Uno Dei Tanti, with music by Carlo Donida. The English lyrics were written by Jerry Leiber and Mike Stoller. I listened to it for the first time on a Tom Jones record.

The theme of the song can be summarised by these lyrics:

He, he buys you diamonds
Bright, sparkling diamonds
But believe me, dear when I say,
That he can give you the world,
But he’ll never love you the way I love you

So it is “Love” vs “Money”.

And no, I won’t take sides… as far as romance is concerned. ☺

But as an entrepreneur you might take part in a similar discussion. “I love this business and I know everything about it, but my competitors can do it better than me,” you might say. “And most probably they will push me out of the market because they have the financial means and I do not.”

Yes, you need money to grow and sustain your business. If the business itself is not creating it, you should either be able to finance it out of your pocket, or you will have to get the money from somewhere else.

If you have money in abundance, no problem. If not, I would always aim to get at least 50% more investment than you think you need. Entrepreneurs are usually optimists. ☺

To listen to Tom Jones: I (Who Have Nothing)

Song of the week: Everything But The Girl – Missing (1995)

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