knowledge and Capital which is Very important in Business or Investment?

[Barinekapaul]

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

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[mu_enrico]

Which one is easier? Get the skills or the money? FYI both are capital: tangible and intangible.
Both are very important, but if I get to choose, I'd choose money.

My argument is wealth is built from many generations of skillful men (your dad and grandpa), thus build up wealth is very precious in this capitalism society. But if your skill is so good that you can be in the top tier, you can choose skill.

[Kittygalore]

Yeah, you don't say. Of course OP it's obvious that knowledge and capital is important, you can't do anything if you don't have both, I mean if you don't know a thing or two about the business then how will you be able to manage the business? Same with capital although it's not as important since you can start with small capital.

[Sirait]

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Both play an important role in one's success. if you only have the knowledge and without capital, it's the same as you only have one leg. having both makes the journey more balanced and perfect.

[Ucy]

The right knowledge is more important. That should help you easily source for capital for your desired business.  If you want to do what is right, you need our CREATOR by your side always to protect and bless you with all things you'll need for the success of your business.
If you are doing it by your own power there is a point when you'll need to play by "their own rules" else they make things difficult for you.

So, what I need first is the right knowledge, capital will come when I'm ready for business.

[hugeblack]

The more capital inflates, the greater the return on investment> if you have appropriate economic knowledge, and therefore the importance of capital lies in the ability to exploit it with scientific knowledge.
Without this knowledge, no matter how much capital increases, it will decrease over time.

So, both of them are important. Without capital, you will not achieve rapid success, and it will be very slow. Without knowledge, your capital will decrease, no matter how large it is.

So the answer is easy, the theoretical basis is there, but the practical application is the difficult part.

[zanezane]

I think besides the two, you also need a really good network of people because without one, you will have a hard time promoting your product because you have no support from people that might be able to help you, it's not that doable even without a network but it will be harder for you to have a successful business or investments if you don't have the necessary connections.

[arwin100]

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Not all have privilage to have both capital and knowledge since not all of us have enough money to use for start up. And I think the one most important to me is knowledge since you cannot grow your investment if you only have capital and you might lose your money for doing bad decision especially by putting your money on scams. Thats why Idea is really important since we can earn on our ideas and once we earn good then from that we can build our plan business.

[sapnu]

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

It should be both. Without both, you surely would have a hard time or would not be able to become successful. Capital is surely necessary when starting a business because without it, you would not be able to take a step forward or buy resources needed in order for you to progress. Knowledge is as essential as the Capital, you should not enter business if you have no idea about it or else you would just be wasting your money or time. Know how to play the game and know also how you can win it, persevere and surely you'll be big in the business industry in no time.

[tyz]

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Both! You can't be successful if you only have one but not the other. If you have capital, then you must either have the knowledge yourself to invest it successfully (there are a lot of ways to invest wrongly and lose your capital) or buy this knowledge, for example by hiring external consultants who bring this knowledge with them. Having only knowledge without capital is basically only possible if someone with capital trusts you and provides it to you.

[Findingnemo]

Knowledge is the very first thing you need to run a successful business in a big scale or keep making profits in the long term but not every knowledgeable person is rich in this world so they need capital to for that they can adapt ventures or even loans if their idea is different and unique.

[sulis sudibyo]

without capital and relying solely on knowledge, you can't earn a lot of money. or have capital, but do not know how to invest properly will only result in losses. I personally put more emphasis on knowledge. because capital can be obtained afterwards.

[blue_nexus15]

In business or investment, to be successful, we must first have the capital and prepare the necessary strategic knowledge to be able to execute the idea in detail and perfectly for the set plan. Therefore, without knowledge and capital, business and investment will not be possible.

[Haunebu]

Knowledge and capital matter a lot, but you are forgetting another crucial factor which is luck. No amount of luck and knowledge can help you achieve success if luck eludes you.

Personally, I feel that luck is the most important factor followed by knowledge followed by capital. Why? Because it's possible to earn huge amounts through small amounts as long as you are smart and luck should favor you.

Gambling Example: Winning an accumulator or parlay can help you earn huge amounts by risking small amounts.

[Fortify]

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

It is possible to get by with just a little bit of knowledge but you will ultimately always need a lot of capital over time to make good money. The wisest investors might actually be the people who invest in index funds with bare minimum fees attached, that way you'll be invested in a broad spectrum (provided you go for global) of companies across many different industries and countries. It is possible to do better by picking individual companies, but knowing the right time to put your money in can be an extremely difficult skill to master. As long as you are putting money in consistently and keep your expectations on returns low (aim for the 3-5% in the largest businesses) then you can do OK picking individual stocks too.

[CaVO32]

In business or investment, to be successful, we must first have the capital and prepare the necessary strategic knowledge to be able to execute the idea in detail and perfectly for the set plan. Therefore, without knowledge and capital, business and investment will not be possible.

Bottomline, both are significant factors when you venture in a business or investment. They go hand and hand when you explore your opportunities in business/investments. Without the other, I don't think you will be successful in a particular venture. Let us say, you only have the money but lack of knowledge in business, then, you need to find someone that will fulfill that void. And same with no money but only knowledge, you need someone to financially back your ideas. So that means, both are important when you get involved with business.

[palle11]

Well , it is going to depend on how much you want to call capital because even when an investor has a lot of knowledge, they still need capital no matter how little, to roll out the knowledge had. IMO knowledge is better than "huge capital". A starter does not need to start up with big capital so not to waste the fund. So they need to gather knowledge first before going full in. An experienced person also need knowledge to carry out all the plans

It was knowledge that made Solomon to decide who has the baby in contension when he threatened to cut the baby with a knife and the woman who is the real mother cried that the child shouldn't be cut but that rather it should be giving to the other woman while the other woman was rejoicing for the child to be splitted. This made Solomon to know the real mother and delivered the baby to the woman who was crying. This example show that knowledge is better.

[Silberman]

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Obviously both, if you have capital but no knowledge you could think you could hire someone to administer your money for you but even for that you need the right knowledge to distinguish the good money managers from the bad ones which are more abundant obviously, and if you have the knowledge but not the capital then you cannot make money in the markets at all so you need both and the more you have of both of them the better.

[Wakate]

To me knowledge brings capital and capital can be use to acquire knowledge. It works both in hands depending on which one is Paramount to us. A person that has capital can decide to get more knowledge to grow the capital to a substantial level while a person with knowledge especially in trading can use it to grow account that will lead to profits. One can lead to the other but depends on the individual.

[just_Alice]

The first one is more important. It is said for a reason that knowledge - is power. With the right knowledge and practical skills, it is possible to make a profitable investment, even without a large capital. On the other hand, having no knowledge and a lot of money can be a total disaster and result in no profit whatsoever, it’s not uncommon. So there’s your answer.