What's more important when starting a business, Big Idea or Big Capital?

[shinchan123]

What's more important when starting a business, Big Idea or Big Capital?

For me, The most important is a big capital because no matter gow big an idea is, if there is no sufficient capital, then it would be useless. Although, if there is quite a little capital, it might work but the profit is not as big because the capital is not also that big.

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[the13thsymphony]

There are big businesses that came from big ideas, like KFC, facebook and alibaba that only have little capital to start their business. I think it would be best to have a big idea that many people would benefit and even if you fail to launch it because a small capital you will never know who would invest to make it real.

[shursight]

They didn't had little capitals, Alibaba started with a lot of money but with a big idea. KFC was one of those who didn't had any capital when it started.

But during those times, it seems that the capital is the most important part of every bussiness.

There are big businesses that came from big ideas, like KFC, facebook and alibaba that only have little capital to start their business. I think it would be best to have a big idea that many people would benefit and even if you fail to launch it because a small capital you will never know who would invest to make it real.

[knight20]

For me its the Big Idea. You might ask "why is it that you could say that having a Big Idea is far more important that having a Big Capital?" The main point in my answer is simple. You cant get Big Ideas but you could get Big Capital. Why? Capital could be get by loans nowadays with low interests specially in some countries where even the government helps their people grow their capital. While if you dont have a Big Idea, your capital would be waste because of its fail procedures.

[Visbay]

What's more important when starting a business, Big Idea or Big Capital?

A big capital is needed first after you decide what business you wanted to build. And that's the time you can think a big idea what business do you want to start.

Right that if don’t have capital to invest then what will you do to start a business, well to be honest both are important try to collect a lot of capital then make proper planning with good idea so that you will not lose anything in your business but you will earn high profit with it, on daily basis we are making income with bitcoin through our knowledge and planning even without investing anything so for me both are important.

[crazymelons12]

On my part I don't want to waste everything that I have. So I would start with a big plan. With a plan you will not waste so much effort and money. Companies before getting established needs a big plan. It would be useless to do things without proper goals. Look at the ICOs, its crowd or community funded, no money but with plans how to have money to sustain their project. Some are successful though some are not.

[burakdat]

Important things to start in a business does not consist only those big idea and capital. There are many things to consider like what kind of business and the venue for it to put up that kind of business you will be choosing. However, if you are talking about investing in cryptocurrency well what matters most in investing to it is the big capital. The bigger the amount that you will invest in cryptocurrency, the bigger profit you will get if you will going to apply or be smart in investing cryptocurrency. Of course you will start with a conduct of study of the movement of that cryptocurrency market price. Usually you can evaluate that using their graph which shows the volatility of the crypto market price. Target a baseline when to buy that crypto and hold for a while until the market price will soar high and you could be able to profit on it.

[kingnony]

Both big idea and big capital are required, both in the case one is short you will to improvise. If you have a big plan with smaller capital, you need to start small and grow your business slowly, but if you have big capital and not so good ideas, you have to search for bright minds and employ to help out with brain storming great ideas to grow the business.

[Wexnident]

I think the answer is pretty much obvious. Of course you have to have a large capital in order to make your big idea feasible. Big ideas do not succeed with little efforts, especially money as capital. Yes we can make big ideas first, but it should be accompanied by small plans and plan B's. By achieveing those small plans you shall achieve your big idea. Capital is needed to execute the idea but let's point that anyone can start from a "small capital" to execute the "big idea".

Definitely, when starting a business the one of the most important thing is your investment or capital. Big ideas and strategies are worthless without a capital because no one can start any business without it. Business making is usually relying in a capital because it is money matters and we all known that money are needed in our daily transaction in life. Where do we able to use our big ideas if we can't start to make business? Well, it is hard to admit but it's true that because the presence of money people can move widely and can live better in our society.

[alisafidel58]

If you could do both then it would be great. A big idea doesnt really mean than it will become great once it hit the market but a unique idea will be a great one. I prefer to have a big capital as it can compensate on some losses than your business take and adjust to what went wrong along the road.

[_noname_]

Enormous capital should start things out before huge thought. You will simply be disappointed in the event that you have thought of such a smart thought yet at last, you can't do it due to the absence of assets to do as such. Having a little capital will just breaking point your thought however despite what might be expected, in the event that you have a major capital, your creative energy is your cutoff. You would so be able to a wide range of things that you think will profit you without stressing excessively.

[aleksnutis]

What's more important when starting a business, Big Idea or Big Capital?

I think money is more important. With capital, you can start any existing business. To realize the idea, it will still require capital or investors.

[bajigur894784]

I think there is something more important than a big idea and a big capital, that is risk management. because, in starting a business, the one  thing that most hinders a person is neither capital or idea  but is a fear of risk.

If we want to start a business, we must learn to weigh risks, where we can know and assess how much risk we will face when starting the business.

[Activitycoin]

The correct combination of both. Ideas can only make big when backed by the right capital.

Yes exactly we should use both at the same time it will increase our profit and will reduce the chance of lose, I believe in hard work, good idea and fair money or capital to invest at right time and right palace, so you are right and I am agree with you that we should use both to get better result at the end, buy some bitcoin with your capital as much as you have after that make good plan to hold for long time and get into bitcoin investment.

[Falmera]

What's more important when starting a business, Big Idea or Big Capital?

Before starting a business of course you need to plan it. That is why you have to make a business plan. All of the things needed and prepation as well as the amount of the capital are properly organized. In short, you need to have a bigger idea before starting your business venture.

[maculeth]

big idea is the most important to start a business, we certainly should have had the planning, path, risk, and calculation of the benefits to be gained. it's all more important than a big capital. because for the problem of capital, we can borrow from the bank.

[Gheka]

I think the answer is pretty much obvious. Of course you have to have a large capital in order to make your big idea feasible. Big ideas do not succeed with little efforts, especially money as capital. Yes we can make big ideas first, but it should be accompanied by small plans and plan B's. By achieveing those small plans you shall achieve your big idea. Capital is needed to execute the idea but let's point that anyone can start from a "small capital" to execute the "big idea".

Definitely, when starting a business the one of the most important thing is your investment or capital. Big ideas and strategies are worthless without a capital because no one can start any business without it. Business making is usually relying in a capital because it is money matters and we all known that money are needed in our daily transaction in life. Where do we able to use our big ideas if we can't start to make business? Well, it is hard to admit but it's true that because the presence of money people can move widely and can live better in our society.

I do not think so, if we do not have big ideas, we can not start the business, even if we have big capital, that is meaningless because we do not have a foundation to start, we do not know where to begin and with what, we can not do business in this situation, forcing ourselves to only make us fail more seriously. Big ideas are more valuable things, it helps us know what we need to prepare and need to make the next moment, and when we have a clear plan, the problem of capital will not be too difficult, we can borrow or call on capital from other investors, they will definitely support when we have good ideas

[raidarksword]

Putting a business should starts with a big capital before coming up with an idea type of business. Considering with huge amount capital allocation in your business you can think of a wide and bright idea of what type of business you can put up with that fits with your specific amount of budget that can give a better success rate of what ever business you have in mind.

[delarossa]

I think a good idea is more important. And to realize the idea then it takes a big cost. So actually in this issue we can not choose which one is better, because both are very important. One thing that matters if you have a big idea and maybe there is one who is interested to help realize and develop it, then automatically the cost issue has been resolved. If you do not have good ideas and concepts but have a big capital then it really does not matter because with that capital you can learn with more opportunities.

[vaughn125]

I think a good idea is more important. And to realize the idea then it takes a big cost. So actually in this issue we can not choose which one is better, because both are very important. One thing that matters if you have a big idea and maybe there is one who is interested to help realize and develop it, then automatically the cost issue has been resolved. If you do not have good ideas and concepts but have a big capital then it really does not matter because with that capital you can learn with more opportunities.

Amen brother! This is so true, we really need both to have balance just like yin and yang. But even so, I think that the heavier or better choice would be big capital. Because you see, big ideas are pretty common nowadays and that means that you would have to compete with a lot of other big ideas out there that may even be bigger than yours which is pretty hard. Whereas if you have big capital, you can gather all the resources needed to get the biggest ideas with the brightest minds available to form the dream team and ensure success.