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Author Topic: knowledge and Capital which is Very important in Business or Investment?  (Read 1096 times)
Jazmin Leslie
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August 06, 2021, 02:16:32 PM
 #81

Knowledge is more important, and many proletarian leaps are inseparable from their own knowledge

Many families have accumulated wealth for generations. If the next generation wants to keep their wealth, creating more wealth also requires a more solid knowledge system.

Knowledge itself has its appeal. This is a great cosmic law, which cannot be changed.

I can dance like a butterfly every day
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August 06, 2021, 02:48:56 PM
 #82

Knowledge is more important, and many proletarian leaps are inseparable from their own knowledge

Many families have accumulated wealth for generations. If the next generation wants to keep their wealth, creating more wealth also requires a more solid knowledge system.

Knowledge itself has its appeal. This is a great cosmic law, which cannot be changed.

Similar to what I am thinking, with the knowledge you can make something even from almost nothing, you can find a way. Capital without knowledge will just be lost/spent. The same is with power, powerful people are rich, but not all rich people are powerful!
One thing is sure, we don't have the same starting position! Each of us starts with something, we learn and upgrade our knowledge (if there's a will and wish for that), we learn how to grow our capital and to make the best from what we have! It's a process for each of us, and that process is different for all of us!

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August 06, 2021, 03:09:25 PM
 #83

As for me, it's the knowledge that is more important because capital would be nothing if we don't know anything about the business or investing that we're joining. Knowledge is the most powerful weapon that we could have so we'll deal with the risks of business or investment. If we're knowledgeable of something, then earning to have enough capital would be easier.
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August 06, 2021, 07:58:26 PM
 #84

Both i think, with knowledge we know and can pick what trading style that fit for us and capital can help us with anything. We can split our capital if it is really big and made a back up with it. No one know what will really happen to market and know the risk which is we get from knowledge will help and other capital as back up can help us too.

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August 14, 2021, 05:18:05 AM
 #85

Both are very important and will complement each other, running capital without knowledge is the same as dragging us down, also having knowledge without having capital is a lie, so I think the two think must be compatible and go hand in hand.
Having no capital will hinder our steps and not be able to carry out our ideas. But from these two things, I think we must have knowledge before we have capital, at least our first step will be safely guided by the knowledge we have, and the next is how we develop based on our knowledge.
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August 14, 2021, 07:10:46 AM
 #86

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.
If you only have knowledge and no funds, when you want to start a business, you have no start-up funds and you can only work slowly.
When those with capital make more money, you can only follow those with capital.
Of course, people with capital may waste money in their hands because they have no knowledge.
Networking is also very important. Capitalists can easily accumulate connections. Knowledge can only be achieved by accumulating.
But in general, people with capital are generally knowledgeable. People with knowledge will eventually develop into people with capital.
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August 14, 2021, 07:38:01 AM
 #87

Knowledge is important than anything because there are lot of people made million dollar business with no capital or from few hundreds but anything need time to grow while Millennials looking for instant profits which made them to be on the loser side most of the time.
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August 14, 2021, 08:10:24 AM
 #88

I think it is a combination of a little bit of luck and some startup capital to kick start the business venture and then a whole lot of knowledge to do it successfully. You can have a shitload of money and zero knowledge and your business can fail, because you have to apply the knowledge to run the business.

This is why I say, do proper research and gain some experience ...before you invest in anything... and then hope with a little bit of luck, that your timing is spot on to grab that market.  Wink

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August 14, 2021, 09:28:28 AM
 #89

can not be separated because I think both have useful and influential benefits for an investor.
how can this be separated if someone only uses capital and without sufficient knowledge in this matter I think they are just wasting money even though for now many people are giving predictions or directions to buy a certain coin but it is not a good choice because it can they just fell into the hype and fomo due to their ignorance.
On the other hand, the knowledge possessed when not accompanied by sufficient capital will make it tasteless and it will be difficult to make a profit.

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August 14, 2021, 09:32:54 AM
 #90

Both, as usual, you cannot start a business if you don't have capital. And you're just wasting your money if you're going to start without the proper knowledge with the business or investment that you're going to try and chip in. That's the basic thing that an investor should do, you need to know what you're investing in or starting as a business. In my experience, I did some investments and businesses before but those only required little capital but without depth knowledge with it, I've lost them but that's a good experience and I learned from those.

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August 15, 2021, 05:17:42 AM
 #91

In my experience, I did some investments and businesses before but those only required little capital but without depth knowledge with it, I've lost them but that's a good experience and I learned from those.
But, in my opinion that cannot a right way to acquire real time experience on investments and businesses. Because, loss is loss; we cannot have any justice for a such lose which happened due to lack of knowledge. Instead of risking small capital to gain knowledge this way, I believe we must dedicate time to learn for depth knowledge which must be the key for successful investments/entrepreneurship.

the knowledge possessed when not accompanied by sufficient capital will make it tasteless and it will be difficult to make a profit.
Sufficient capital must be more important, I agree. But, the knowledge on any real time experience is also more important to avoid future mistakes and to be more careful for profitable investments and business.

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August 15, 2021, 03:21:03 PM
 #92

The two must be completely balanced. Capital is very important for an investment but knowledge is much more important. If we have enough knowledge to invest, I think even a small capital will grow into a big one. and conversely those who have big midal without their knowledge will slowly lose their money.
Yeah, balanced things are key everywhere to be successful. There are lots of factors that we need to consider while investing and getting into a business and when we are having through knowledge and good capital to cover basics of business requirements then we can easily manage business and investments into profitable one. I cannot imagine managing all without having knowledge or capital.

Out of these two, I vote for knowledge to be more important because for well managing, we first need good knowledge and then to run smooth we must need capital. Anyway in common sense, we need both and in good levels.

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August 15, 2021, 03:49:48 PM
 #93

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Both is important, if you have knowledge but don't have capital then you can't open a business or investment and if you have capital but no knowledge at all then don't expect that you will earn or your business to grow so don't choose between the two since you both need it.

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August 15, 2021, 08:24:11 PM
 #94

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?

If you have capital, you can outsource the knowledge part so it seems like an easy decision between the two. If you are prepared to move away from the most expensive parts of the country (in richer "developed" places) then it is perfectly possible to live without ever working a day longer if you had $1 million or the equivalent. Just by investing 3/4 of that amount into index funds you could likely live reasonably comfortably without ever burning your initial amount - use that remaining quarter to either buy a small property or use it as a float towards rental expenses. The question really does depend on the definition of capital though, because most people will slowly accrue wealth over time by adding to investments periodically. You can teach yourself the basics at any time, but you definitely need money in order to make money.

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blockman
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August 15, 2021, 11:46:54 PM
 #95

In my experience, I did some investments and businesses before but those only required little capital but without depth knowledge with it, I've lost them but that's a good experience and I learned from those.
But, in my opinion that cannot a right way to acquire real time experience on investments and businesses. Because, loss is loss; we cannot have any justice for a such lose which happened due to lack of knowledge. Instead of risking small capital to gain knowledge this way, I believe we must dedicate time to learn for depth knowledge which must be the key for successful investments/entrepreneurship.
It's my personal experience and I can say that I did learned a lot with those little investments and businesses that I did. Maybe try to establish a business with the little amount and do whatever you can to move it up. But if you can't and you think that there's nowhere to go, you'll see what lesson it will teach you. With my past, I know about a little background enterpreneurship, and I know what I've been doing because it's a test run if it's going to be successful with the time frame I set, I'll add more in capital.

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August 15, 2021, 11:59:14 PM
Last edit: August 16, 2021, 12:11:41 AM by AndySt
 #96

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?
If you have capital, you can outsource the knowledge part so it seems like an easy decision between the two. If you are prepared to move away from the most expensive parts of the country (in richer "developed" places) then it is perfectly possible to live without ever working a day longer if you had $1 million or the equivalent. Just by investing 3/4 of that amount into index funds you could likely live reasonably comfortably without ever burning your initial amount - use that remaining quarter to either buy a small property or use it as a float towards rental expenses. The question really does depend on the definition of capital though, because most people will slowly accrue wealth over time by adding to investments periodically. You can teach yourself the basics at any time, but you definitely need money in order to make money.
The presence of capital greatly simplifies the task and allows you to take less risk when taking action than the absence of capital. The presence of capital greatly simplifies the task and allows you to take less risk when taking action than the absence of capital. A lower degree of risk on the one hand reduces the potential income, but on the other hand makes the receipt of this income much more stable. Knowledge and capital allow you to make even more income, but still the lack of capital or its small availability is much more stimulating to acquire knowledge than the presence of large capital. Therefore, either KNOWLEDGE or CAPITAL is much more common than both of these factors together  Wink And I think that CAPITAL is more important and the more, the better  Grin
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September 02, 2021, 05:03:28 AM
 #97

Both are important but knowledge is most important because Knowledge is everything. Knowledge has more power than money.knowledge will help you to take good decisions,to implement ,to succeed in business.
Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏

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September 02, 2021, 03:12:31 PM
 #98

I think capital can be accumulated or borrowed, but knowledge must be deep enough to start a business.
I have seen many people get rich from nothing, so don't think much about capital. Try to start little by little, time will help you become stronger.

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September 02, 2021, 03:16:25 PM
 #99

If you want to do business or investment then you need knowledge about them. Otherwise you will lose your capital. Knowledge is needed. But capital is more important here. Because if you have knowledge about business or investment but if you have no capital then the knowledge is useless for you. You can't do business or investment without capital. Both is needed in their own site. One is other compliments.

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September 02, 2021, 03:55:28 PM
 #100

Knowledge and Capital will certainly be the most important main factors in running a business, it's useless if we have a lot of capital money but if we don't have enough knowledge then we are like inanimate objects that have no soul because we can decide by ourselves which business is suitable for us do we start, if not directed by others, then knowledge and capital are the most important factors in the business world.
Knowledge and Capital are both important but let me shock you. Knowledge is more important than having capital and that's because it is the fundamental substance to have success in any business or organization and the last time I checked there are some crypto investment companies who are ready to invest in knowledge to create new innovative projects that solve a problem if you have the knowledge to convince them.
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