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Author Topic: What's more important when starting a business, Big Idea or Big Capital?  (Read 1133 times)
Rose balignasay
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April 24, 2018, 04:51:59 AM
 #301

Ofcourse you need a big capital for your business but you need also a big idea for your successful business to have a successful life.
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April 24, 2018, 07:00:05 AM
 #302

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

I think both Capital and Ideas need to have a successful Business. You need an ideas to identify and to make your product popular .

Of course , You need an big capital to buy all your needs for your business.

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April 24, 2018, 07:13:09 AM
 #303

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

I think both Capital and Ideas need to have a successful Business. You need an ideas to identify and to make your product popular .

Of course , You need an big capital to buy all your needs for your business.



Indeed like these two will be useless if we will lacking any of those however big capital isn't that necessary at first because if we have a great and big idea then profit will follow and we can use that profit to expand our business. And bare in mind that the higher the capital the bigger chances for having high risk.
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April 24, 2018, 07:44:11 AM
 #304

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

the most important thing when you want to develop a business and create a new business that needs to be noticed first is capital, after capital things to note also must have a strong intention and never give up, because if you surrender you will surely fail.
Danstan
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April 24, 2018, 07:55:01 AM
 #305

Big capital, is practically needed, but don't let this capital go to waste, conduct feasibility study on the business you want to build up, to prepare for any situation you may meet during the project put-up, like competition, utility shortage, and possible income return.
paul gatt
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April 24, 2018, 08:23:31 AM
 #306

I think it is important to start a business. It is a must have capital. Such a business must be granted a business license. Only in the bitcoin field, you do not need a license. But bitcoin managers will manage your activity closely.
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April 24, 2018, 08:53:11 AM
 #307

What's more important when starting a business, Big Idea or Big Capital?
Perhaps you miss another point and the most important is BIG HARDWORK, most startup failed not because they don't have big idea or big capital but they don't work hard enough to conquer the obstacle in front of them. Big Idea might be something to start but you won't reached anywhere without work, Big capital will help you at first but the bigger the money you spent also the bigger the responsibilites to actually retrieve it back. Most people consider hardwork as something easier said than being done and thats why it mostly overlooked
Kusnechik
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April 24, 2018, 09:03:28 AM
 #308

When you start a new business everything is important: money, idea and of course a good hardworking team of professionals who can compensate all the efforts spent.

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April 24, 2018, 09:22:25 AM
 #309

What's more important when starting a business, Big Idea or Big Capital?
I think much better if you choose Big Capital, Why? Because when you build your own business you will need money. Big Idea cannot create business without a big capital. That is my opinion  Cheesy
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April 24, 2018, 09:37:44 AM
 #310

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

No.1 important of course is capital due to if you have a big money there is a big chance for you to earn big profit. But be ready take your own risk, though big idea is just a secondary things in putting business.
BigDig
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April 24, 2018, 11:05:49 AM
 #311

In the current market situation, the idea dominates the original capital. Neither of these factors give guarantees of a successful business, but idea is way more significant resource than money. Because without an internal idea, no capital will help business to become successful.
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April 24, 2018, 11:07:24 AM
 #312

What's more important when starting a business, Big Idea or Big Capital?
In standing business , All you need first is to have a big capital inorder to think some possibilities might happen amd some bills to be pay when you are starting it. You can now manage the money you have when you have a bigger amount of it. You may follow the people who are good in business as your business partner.
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April 24, 2018, 08:41:45 PM
 #313

Both are equally important, great ideas are supported with a large capital. But this is not enough, because it still requires qualified human resources, proper management, and appropriate marketing in accordance with the product.

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April 24, 2018, 08:46:50 PM
 #314

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

The idea is always the secret beyond success because capital is useless if you are not knowledgeable about what you are doing, that is the reason why mark zucker berg become very successful in his social media.

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April 24, 2018, 10:16:33 PM
 #315

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

In the world we are in now, it takes big capital to drive a big idea. And in other words, we call the big capital a connection in this part of my country; without connection, idea will die out! With big capital you can even drive a less idea and rebrand it. So, do hold your idea but strive to get the capital to bring it to live.
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April 24, 2018, 10:32:32 PM
 #316

I think personally, I prefer the big idea, the reason is because everyone has different dreams and goals, forcing them to work hard in realizing their goals, they will gain a lot of experience from their efforts, they will get to know more much about their goals, think of ways with little capital and try to maximize their potential,
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April 24, 2018, 11:25:34 PM
 #317

What's more important when starting a business, Big Idea or Big Capital?
For me its more important to have a big idea. First because of the facts that money nowadays can be loaned up and but without a big idea your business will fail.
betchay22
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April 25, 2018, 01:46:57 AM
 #318

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

For me its both. You need a capital and you also need an idea. What will you do with the money of you do not know where and how to use it. Your money will be blown away.  Before you start in business,  you must be sure what business are you venturing. The pros and cons. You have to be careful not to waste your capital.

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yametekudasai
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April 25, 2018, 02:14:36 AM
 #319

For me, it's obviously having a larger capital than the big idea. Some business that have bright ideas ended up failing because of their lesser capital. It's always good to have bigger capital to supply the needs of your business. You just have to be wise on using it.
buternasek
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April 25, 2018, 02:23:40 AM
 #320

Business that small or big, capital must be there.Capital is not a great fact,operate is a big challange hete.there are a proverb there,one lagre is created by many of small portion.Similarly I think in business case start from small to reach the big destination is suitable.In it increase brave,intelligent and knowledge etc.In many cases small capitalization can be achieved by making big profits,but sometime big capital without perfect idea can't achieved a small profit or success in life.so I think big idea can bring success in life.
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