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Author Topic: knowledge and Capital which is Very important in Business or Investment?  (Read 1102 times)
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July 29, 2021, 09:31:26 PM
 #41

both are related to each other and both are very important to exist you can't choose which one is important to the other.
because if there is no knowledge but there is no sufficient capital it will definitely not work well, maybe you can still invest by explaining to people to want to entrust their money to be invested and run by us but that is very unlikely to be able to do so.
on the other hand if you have money but your knowledge is not there it is tantamount to killing yourself and wasting your money for free.
both are very important and must be there so that everything is in balance
I have to say I respectfully disagree a bit, we are talking about something that is a bit different in capital and knowledge. When you have the knowledge but no capital, you can't make any money because you have no capital, depends on how wise you are you can try but it is going to be hard. When you have the capital, you can waste money, you have the capital for it and try and learn to be better and eventually reach to a point where you can actually make a profit, which with a lot of money you can do it.

Of course these all comes down to one thing, how much knowledge we are talking about and how much capital are we talking about. If we talk about zero knowledge but 10 billion dollars, you can still profit, if we mean EVERYTHING to know but zero dollars you can still make some profit, my point only stands in a situation where a person has a mediocre of one and zero of the other.
For me, knowledge without capital is worthless because you won't get any profits if you don't have the money to get it started. Same goes for money without skills and knowledge. You will only venture into a business without setting a goal so just as expected, it will only end up zero value.

Knowledge should always go hand in hand so we will reach the end point which is clearly the success of the business or investment. These two will always be the best capital for a successful goal.

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July 30, 2021, 03:41:16 AM
 #42

In fact, the two are the same thing. Knowledge is sometimes accumulated with capital. Both are indispensable. With knowledge, there is no capital to realize it. If you have capital but no brains, even if it is done temporarily, you may lose money due to some mistakes at some point in the future.
As an ordinary investor, the first step is to reserve a variety of useful knowledge, not so complicated professional knowledge, but some basic common sense.
As an investor, the first problem to be solved is long-term, which can provide long-term holding returns and gains.
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July 30, 2021, 04:54:26 AM
 #43



Is it KNOWLEDGE or CAPITAL, or even BOTH?

Talking about investment, I think that if you have a big capital you don’t need to make complicated trading strategies. You just should know the basis,especially about security. And you can just invest in Bitcoin, for example, and get a big profit.
On the other hand, if you don’t have enough money to invest, you should have good knowledges to enlarge your capital. This way you invest your time rather than money.

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July 30, 2021, 06:08:18 AM
 #44

Indeed, if you have funds, you can choose to hire others to help you manage the funds. If you only have knowledge but no funds, you can also choose to borrow. So for a good investment, both capital and knowledge are necessary. To achieve better investment, you must be fully prepared if you want to do things well.

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July 30, 2021, 06:14:59 AM
 #45

Knowledge is most important because it attracts capital. If one is knowledgeable about any kind of investment he/she might attract investors with huge capital in most cases most especially if such persons proves beyond reasonable doubt to be reliable and trustworthy. An individual with capital and lack the knowledge will end up running at consistent losses because such will have to learn the skill the hard way and will take longer time to master the acts of such investments.
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July 30, 2021, 05:28:49 PM
 #46

...

both are of course very important, people who fail only have 1 only...

only with knowledge, someone definitely can't buy and only with capital, someone definitely doesn't know what he's going to buy. balance is important, strive to have both.



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July 30, 2021, 05:49:00 PM
 #47

To become a true investor requires a long process and you need time to learn the ins and outs of investment science, and once you master the science of investing, you also need capital to get started.
both are very important and the most important thing is knowledge as your foundation before investing because if you really master it with little capital you can generate maximum profits.
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July 31, 2021, 12:30:06 PM
 #48

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?

Although both are extremely important in making a business thrive or successful, I am of the opinion that capital is more important. Of what importance is your knowledge if you don't have the money to start or run a business where you can apply the knowledge you've amassed?
It is true one can make can start a business with little or no capital if one has the right knowledge, but with substantial capital you can scale the business up quickly.
You can also hire experts to handle the creative part of the business if you don't have the knowledge.

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August 01, 2021, 09:55:03 PM
 #49

For me, knowledge without capital is worthless because you won't get any profits if you don't have the money to get it started. Same goes for money without skills and knowledge. You will only venture into a business without setting a goal so just as expected, it will only end up zero value.

Knowledge should always go hand in hand so we will reach the end point which is clearly the success of the business or investment. These two will always be the best capital for a successful goal.
We know that both are important but if I had to choose only one I would prefer to have knowledge over capital and the reason for that is that you could always get capital in the future and then you could begin to trade the markets, and even if that is not possible for you, you could always demonstrate your knowledge to other people and then begin to manage their money on your own and charge them a fee for the privilege, so while you are not going to be making a fortune at least you'll still be able to obtain profits without your own capital.



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August 02, 2021, 12:48:34 AM
 #50

For me, knowledge without capital is worthless because you won't get any profits if you don't have the money to get it started. Same goes for money without skills and knowledge. You will only venture into a business without setting a goal so just as expected, it will only end up zero value.

Knowledge should always go hand in hand so we will reach the end point which is clearly the success of the business or investment. These two will always be the best capital for a successful goal.
We know that both are important but if I had to choose only one I would prefer to have knowledge over capital and the reason for that is that you could always get capital in the future and then you could begin to trade the markets, and even if that is not possible for you, you could always demonstrate your knowledge to other people and then begin to manage their money on your own and charge them a fee for the privilege, so while you are not going to be making a fortune at least you'll still be able to obtain profits without your own capital.

I agree both knowledge and capital are two important things to have when it comes to investing, but sometimes we only have one of them.
If we only have knowledge without capital, it is still possible to succeed, because we can use other people's money or borrowed money to invest.
But if only have capital without knowledge, this is more dangerous because the capital used can run out, we will make wrong decisions if we do not
have knowledge. Therefore I agree with you that knowledge is much more important than capital when we are going to invest.

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August 02, 2021, 08:49:10 AM
 #51

Both are important. . .
First of all, you must have knowledge. If you only have capital without a good mind and knowledge storage, you will not be able to make correct judgments when investing, and you will lose money. . When you learn knowledge, you will gain more investment than when you don't know anything. Will slowly become successful.
Without capital, you have a lot of knowledge and cannot become tangible capital. You can only accumulate slowly, so don't forget to learn when you have the capital. Learning is the key to reducing failure.
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August 02, 2021, 01:01:03 PM
 #52

Overall,  knowledge and Capital are important for any type of investment or Business. However, it is more important to acquire skills in business or investment when considered alone. Because if you have enough knowledge about any business or investment, you can easily make a profit from it. On the other hand, any kind of business or investment without adequate knowledge has the potential to cause huge losses which can lead to loss of resources. So it can be said that in any business or investment both money and knowledge are required but investing money without knowledge increases the probability or risk of loss. Therefore, it is important to acquire knowledge before investing in any business or investment.

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August 02, 2021, 09:41:08 PM
 #53

Both are essential upon doing investment and they are really a must have first so that you can be able to start up your business opportunities. But for me what is in need to comes first is knowledge before capital because prior from doing any engagements, you must first educate yourself on what you think must a good investment or business before coming up into seeking for capital to start up such thing that you wanted to pursue. Having the knowledge will make the process flawless ang easy once you already have the capital on hand because you already know how you can be able to spend it wisely.

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August 02, 2021, 09:53:01 PM
 #54

Both are essential upon doing investment and they are really a must have first so that you can be able to start up your business opportunities. But for me what is in need to comes first is knowledge before capital because prior from doing any engagements, you must first educate yourself on what you think must a good investment or business before coming up into seeking for capital to start up such thing that you wanted to pursue. Having the knowledge will make the process flawless ang easy once you already have the capital on hand because you already know how you can be able to spend it wisely.
Both of them are definitely needed to make a business become successful. Without knowledge or a capital, you can never venture into a good business or investment. So both have their own real usage to make a business lasts long.

Others may believe that knowledge is power. Yes it is, but having it alone is not good enough. You have to be more knowledgeable and skillful, plus a good capital that will make up a good package for starting an investment and has more chances to gain high returns than making losses in the end.

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August 02, 2021, 10:19:25 PM
 #55

Overall,  knowledge and Capital are important for any type of investment or Business. However, it is more important to acquire skills in business or investment when considered alone. Because if you have enough knowledge about any business or investment, you can easily make a profit from it. On the other hand, any kind of business or investment without adequate knowledge has the potential to cause huge losses which can lead to loss of resources. So it can be said that in any business or investment both money and knowledge are required but investing money without knowledge increases the probability or risk of loss. Therefore, it is important to acquire knowledge before investing in any business or investment.
at least if someone has the knowledge, he will definitely have a business strategy to attract other people to cooperate as investors, thus capital can be collected. without knowledge then everything is just bullshit, so don't underestimate the investment of knowledge, and gather as much experience as possible. the combination of knowledge, capital, and experience will make a person stronger, if not having all three then one of the most important is knowledge. Whether you want to be a trader, investor, miner, farmer, or bounty hunter, we need sufficient knowledge to be able to adapt and determine effective strategic steps.

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August 02, 2021, 11:08:16 PM
 #56

Business has no difference with an investment because both of them has an involvement of money. Though they only be classified with a slight idea about physical product which a business litteraly owned like selling some goods or products that's sold to someone. Unlike with investment that only money works for an investor, for somebody who let his money ran for a established business and he only get his profit because out of it.

Without knowledge and capital, you can't make all those things possible to exist and I certainly come to a conclusion that both of them is important whether business or an investment and it should be both present at all times.

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August 02, 2021, 11:17:45 PM
 #57

Knowledge is very important, because with knowledge you can survive. Maybe the time taken for the success or the target to be reached gets delayed. If one has money, he need to learn through experience. Both has the good in it, but what is more powerful can be defined in a simple way.

One can make money with his knowledge, but the knowledge can't be bought with money

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August 03, 2021, 03:55:55 AM
 #58

Knowledge is very important, because with knowledge you can survive. Maybe the time taken for the success or the target to be reached gets delayed. If one has money, he need to learn through experience. Both has the good in it, but what is more powerful can be defined in a simple way.

One can make money with his knowledge, but the knowledge can't be bought with money
Knowledge is the key to success. although we do not have a large capital, with knowledge I think we can develop the money we have to be successful. we know so many billionaires came from having nothing. but indeed we cannot deny that having a large capital will smooth out our efforts to develop faster with good knowledge balanced. so we are not surprised that many rich people are getting richer, because he always wants to find opportunities to place his investment in various businesses

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August 03, 2021, 05:46:40 AM
 #59

They are both essential but practically speaking, capital is more important for me.

What will you do with knowledge if you don't have something to invest with?

Does your knowledge applicable in your life?

 Is it possible for you to know what is really happening in the market?

Capital is what we need to start, we need to have our capital first and then we can grow through experiences.

Knowledge is much easier to earn than money so that's not a totally big problem in an investment.

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August 03, 2021, 06:33:29 AM
 #60

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 are important IMO. If you have all the knowledge of running a business or an investment and the capital is not there, you will still be stagnant in one place and when you have all the capital and no knowledge of what you are investing in, you can end up running that capital into the ground. You actually need both to proper in a business. People do market visibility because they want to understand how the whole stages of the business work so that when you eventually invest the capital you have, you would be able to make the best of it, so I will stick with Both.
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