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

[ROSERTY]

In investment, knowledge and capital are both very important to it, they play an important role in success.

• Having a wealth of knowledge can help make profitable investments, run successful businesses on a large scale or maintain long-term profitability. An investment without knowledge will eventually think that he will waste his money by doing the right thing because of lack of knowledge.
• Capital is the driving factor to accelerate the achievement of wealth goals. Without capital, you will not achieve rapid success, and it will be very slow.

Knowledge and capital are very important for any investment. Only by having both in order to be in a balanced state, it is easy to succeed.

[Sayeds56]

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.

I think both are important and in fact Business is called Marriage of Capital and Technology. Capital can be borrowed from Banks/investors to neet finanancil needs of bsiness but know how is neceassrily needed to run the business successfully. My suggestion would be to acquire good knowledge/expertise  of the business you are willing to start up before you jump into it.

[mu_enrico]

Capital can be borrowed from Banks/investors to neet finanancil needs of bsiness but know how is neceassrily needed to run the business successfully.

Not sure if you have ever actually done this thing, or just hypothetical. Borrowing money from bank needs collateral (which is your existing capital), the non-collateral loan will have a small limit, which is not enough for even a small business. They also done some background checks with your business financial history and stuff, so you need actual business that needs capital, to get more capital. That's why it's extremely difficult to create a business without capital. Yes, some of the great entrepreneurs build their stuff in their garage despite having extremely difficult situation early on. It's possible, but extremely difficult. I didn't even mention about the interest rates

Next is about "angel" investor. There's no such thing as "angel" as they also want ROI, and worse, significant portion of your shares. It's easier to be on their side, as investors, lending you money and expect you to work and give them nice profit in return.

[Irenerty]

I think knowledge and capital are both important. Capital can bring economic support and accelerate the achievement of wealth goals. Having a wealth of knowledge can avoid mistaken investment and loss of funds, and reduce investment losses. It is easier to succeed if you have the funds and prepare the necessary strategic knowledge.

[ROSEDF]

If you only have one of the two, you may succeed very slowly, but if you have both, then you may succeed very quickly.
If I had to choose one of the two, I would choose knowledge. Knowledge can change our destiny and make us richer.
But if you choose money, you may lose your own funds because you don't have enough knowledge reserves and won't invest.
And learning is very important.

[Obito]

Knowledge definitely because there are ways to make money out of thin air, what I mean by that is that people have proven it through YouTube videos that they can make money out of small things, remember the video about a dude who made a paperclip into a house? That's pure knowledge and no capital.

[Luke Briggs]

If it is education and capital, then I will choose capital. When you have capital, you have the confidence to do anything.
For example, if you have money, you can increase the price instantly by buying in large quantities.
Academic qualifications allow you to accumulate capital faster, and academic qualifications serve the capital.
For example, everyone knows that opening a restaurant can make money, opening an airline can make money, people with capital buy a store, buy an airplane to open a store, and start a company. People without funds can only manage storefronts and learn to fly planes. When you save enough money to buy a store, people with capital will drive the company to the point of saturation.

[eXPHorizon]

The most Important in the whole world is Knowledge. Without Knowledge there is no improvement therefore money is useless.


Knowledge will not come Cheap and Free anymore !

[shield132]

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's the combination of both, it can't be done alone with one of ability. Okay, let's imagine:
There is a person who has a lot of money/wealth because of his family roots or maybe because this person was a good in certain sport and had great income, etc... So, this person has money but he is far from intellect. He can make an investment and found the business but in order to manage this business, he needs an educated people with the knowledge and experience. He uses this money to hire this kind of people and then the business succeeds. This is what I have seen for numerous times. Of course, there are exceptions like Steve Jobs and others but...

Also, if you have capital alone, you can buy apartments and/or commercial places in prestigious areas and then rent them, easy money, no knowledge necessary.

[rodskee]

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Wait but how can you invest using only Knowledge ? and how can you succeed using only Capital?

you need capital to invest and knowledge to succeed.

you need knowledge to know what to invest.

you need to use both if you don't wanna give your money away and losing your time also.

Invest with knowledge, that is what we need .

[AicecreaME]

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?

Knowledge and capital play a great role in achieving success. Knowledge is needed to make a well-organized plan that could help you achieve what you want and at the same time, capital is also important to execute what you have planned. Both come hand-in-hand. You will have a hard time if you only possess one.

Knowledge is important before diving into what you are planning to do and enter. It is also significant the moment you have entered the said field. Being equipped with enough and proper knowledge will be your advantage all throughout your business and investment venture. Meanwhile, capital is needed the moment you want to enter and take the risk. Let's be honest here, you can't invest without having enough funds to sustain you financially. Having that said, capital is important the way knowledge is because you cannot push through if you lack funds, to begin with. Sure, determination, perseverance, and knowledge are excellent factors to get you where you want to be but so is capital to fund your journey and to keep your business/investment continuously operating.

[johnyj]

Always knowledge first, without proper knowledge, you could ruin a fortune

[ChiBitCTy]

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?

This question is not even up for debate.  As a licensed financial advisor I can tell you that if you don't have knowledge about something you're investing in, than you're committing one of the most basic investment 101 mistakes.  ALWAYS do your homework before investing in something.  Take the time to sit down and really look over things, otherwise you may get lucky and make some money but more than likely you'll lose or make less than you could have. 

[Silberman]

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.

Some people could counter that argument by saying that if you have money then you could always hire the best money manager out there, but there is a problem with that and that is that you are not going to have the knowledge to know which one is the best option for you, after all we know that there are many scammers out there and people that think that they can beat the markets but this is not the case at all, so a person with a lot of capital but without knowledge has a very high chance of losing their money, which is why knowledge is in my opinion more critical for your success than your money.

[rodskee]

The most Important in the whole world is Knowledge. Without Knowledge there is no improvement therefore money is useless.


Knowledge will not come Cheap and Free anymore !

wrong mate because knowledge is free , but all you need to do is seek and learn .. though School education is expensive yet self study is free specially now that internet is all over the place and every details that we need can be provided in a matter of seconds.
so you only need to study and learn then use the knowledge as capital , offer service or other skills that can be paid and convert it to crypto investment.yeah it will take time but after it will be beneficial and worth a wait.

[lixer]

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?

Success always not depending on only one factor. In this highly competitive world, we must need more than one support to stay ahead hence both knowledge and capital are important but in my opinion these two are just basic requirements and beyond these basics, we must need lots of other factors also should be in our favor so that we may remain successful forever.

Without knowledge, I might have not got into bitcoin and even I have come to know about bitcoins, if I did not have good capital then I could not have enjoyed good profits from bitcoin; this is just an example how bitcoin investment as well requires both knowledge and capital.

[Charot12345]

Of course both are important to be successful in business or investment they are both needed. They always works side by side. It was like the knowledge will tell what to do and the capital will execute it.
Your business will surely fall if you don't have knowledge as well as capital.
Most people who are successful in either business or investment it is because they know how to use and utilized both.

[dataispower]

Lack of proper money management skills will propel you into abject poverty which is as a result of lack of knowledge. You can have all the knowledge in the world and still not be able to invest which is lack of money. Both are preferential and important in an investment circus. None of them is more valuable than the other. They work hand in hand.

[macson]

Is it KNOWLEDGE or CAPITAL, or even BOTH?

the majority answer both....both are very sensitive, less one then the business or investment is not balanced.  my economics teacher once said if i had a lot of capital then i would open a business, until his old age he kept thinking about opening a business but it never materialized because of capital, i think it's him who is wrong because he doesn't dare to take risks.

[LogitechMouse]

If you want to be successful in every business ventures that you will make or in any investment that you will do, these 2 things are the most important things that you must have before entering.
However, if I will choose one of them I will go with Knowledge.

If you have the knowledge, you have the capabilities to be a successful one. We know many successful people right now who started from the bottom and they don't have any money or that much money to start but because they have knowledge, they have given opportunities and they became successful in the end.

Overall, both are important. Knowledge with capital is a perfect recipe for a successful business or in your investment .