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Author Topic: knowledge and Capital which is Very important in Business or Investment?  (Read 1095 times)
Hyperechos
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September 27, 2021, 08:32:29 AM
 #161

A good idea is the prerequisite and guarantee for the success of a business. A good idea determines whether your product or service has a market and whether it is irreplaceable, thereby occupying its own market and space and making money in society. The lack of capital is only temporary. Without knowledge reserves as the basis for innovation, it is impossible to make long-term profits. I think knowledge is more important than capital.
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September 27, 2021, 05:27:38 PM
 #162

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?

I think that to start any business, company or something similar you always need to have capital, in fact, you can also start without capital with entrepreneurship and your own effort either in sales or any type of business, however from the point of view of Business view at the moment that we are, I do not see a good idea to establish some type of company, what if I see it necessary is to have some capital for any type of Investment, either for crypto, for real estate, among others.

For now, the way to make wealth is difficult, investment can occur in Crypto in the long term and that by investing in BTC with the option that is bought and then waiting for a target of at least $ 100k, many are waiting for that target and surely there will be many new millionaires.
And the most important thing for me, before having the capital is knowledge, because knowing how to find the best investment is a guarantee that the money will grow as time goes by.

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September 27, 2021, 05:55:54 PM
 #163

Investment is a battle, a game, testing your psychological endurance, your judgment, your courage, your vulnerability and tenacity, as well as the luck given to you by God.

Agree it is really about psychological matter since you are really stresses watching your investment if it is working or not, growing or lossing , it is like the in crypto which you are holding a coin in a period of time but over the time you keep watching the price and how much you gain. It is really a stressful but in the end it is still fruitful if you earn big from it
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October 02, 2021, 10:25:35 PM
 #164

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?

Every investment or business needs capital to operate, but what the person needs more is the knowledge of how to properly run the business or make a profit out of your investment. Knowledge includes risk management because if you just put your money into something you don't fully understand and without a plan, you're more likely to suffer losses than winning. If you don't have a plan, you're planning to lose. So always keep in mind that to be successful you need to invest in knowledge first.

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October 02, 2021, 10:31:52 PM
 #165

Capital without knowledge won't work. It will give you an experience of failure and you'll learn from that.
Having knowledge without capital can work because you'll have the idea of how to do business and investments and as well as making money out of nothing as a start.
But it's best if you have these two and you can work well to grow your money from being knowledgeable with investments and businesses.



 

 

 

 

 

 


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October 02, 2021, 10:43:54 PM
 #166

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?

Every investment or business needs capital to operate, but what the person needs more is the knowledge of how to properly run the business or make a profit out of your investment. Knowledge includes risk management because if you just put your money into something you don't fully understand and without a plan, you're more likely to suffer losses than winning. If you don't have a plan, you're planning to lose. So always keep in mind that to be successful you need to invest in knowledge first.
You cant able to move if you dont have sufficient capital because you are dealing with the market which simply means that you would need money for you to move and of course it should be accompanied with knowledge

and skills for you to sustain or to be effective because if you dont have this thing then you would just basically wasting up the money that you had risked on.You wouldnt able to tell if you dont able to experience

on how unpredictable this market is and no how you should treat it that seriously.You would need that knowledge for you on having at least to sustain.

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maju69
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October 03, 2021, 07:31:39 PM
 #167

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?

I think that to start any business, company or something similar you always need to have capital, in fact, you can also start without capital with entrepreneurship and your own effort either in sales or any type of business, however from the point of view of Business view at the moment that we are, I do not see a good idea to establish some type of company, what if I see it necessary is to have some capital for any type of Investment, either for crypto, for real estate, among others.

For now, the way to make wealth is difficult, investment can occur in Crypto in the long term and that by investing in BTC with the option that is bought and then waiting for a target of at least $ 100k, many are waiting for that target and surely there will be many new millionaires.
And the most important thing for me, before having the capital is knowledge, because knowing how to find the best investment is a guarantee that the money will grow as time goes by.


More precisely, knowledge and capital complement each other to really build a business, good financial management, choosing professional workers and building strategic places are also very important. All really complement each other. However, all elements can support success in building a business regardless of the name of the business.

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October 03, 2021, 10:23:55 PM
 #168

A good idea is the prerequisite and guarantee for the success of a business. A good idea determines whether your product or service has a market and whether it is irreplaceable, thereby occupying its own market and space and making money in society. The lack of capital is only temporary. Without knowledge reserves as the basis for innovation, it is impossible to make long-term profits. I think knowledge is more important than capital.

Indeed, the lack of capital is not a problem perse since loans are always present in order to fund your business. But the idea and the execution of a business plan is what drives the overall success of it.

In the cryptospace, knowledge about the market is essential especially if you have current investments either short or long-term. Though it may be easier said than done, all of such efforts will be worth it once you get to garner the profits in the given time-scale.

Capital without knowledge won't work. It will give you an experience of failure and you'll learn from that.
Having knowledge without capital can work because you'll have the idea of how to do business and investments and as well as making money out of nothing as a start.
But it's best if you have these two and you can work well to grow your money from being knowledgeable with investments and businesses.

Like what I just mentioned, the problem of not having any capital is not really a problem from its core since it can be dealt with by acquiring loans from banks or from your trusted peers. The idea of a business is what drives its execution further.

R


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October 03, 2021, 10:43:11 PM
 #169

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, however, if you can choose one, choose knowledge - the practical kind. It is very simple, if you have knowledge you can always convince people with capital to pay you a commission for investing or providing advice (I know, this is very simplistic). You will have to show proof that you can effectively use your knowledge to make money and can be trusted and gain from it.

In the opposite case... and fool and his money soon part ways.

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October 03, 2021, 11:39:46 PM
Last edit: October 03, 2021, 11:58:10 PM by Vaskiy
 #170

Knowledge is important, because one can make money if he know what to be done for the moment. Capital is must when the focus is to profit within specific time period. To make money out of the knowledge takes time, but being passionate about it will bring in more money. Real-time example is the start-ups that has emerged to multi-million dollar businesses and has got added on World Market.

In recent days, the success story of Freshworks is an example that suits best about knowledge as the main objective for success.

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October 04, 2021, 02:28:53 AM
 #171

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 is the key to success we all of knowing that but some sectors need proper knowledge and capital for good success such as the crypto market. Need proper knowledge then need study and then need capital for investment cause without investing you cant get feedback so the three-step need for sucess.
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October 06, 2021, 05:25:41 PM
 #172

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?

I think that to start any business, company or something similar you always need to have capital, in fact, you can also start without capital with entrepreneurship and your own effort either in sales or any type of business, however from the point of view of Business view at the moment that we are, I do not see a good idea to establish some type of company, what if I see it necessary is to have some capital for any type of Investment, either for crypto, for real estate, among others.

For now, the way to make wealth is difficult, investment can occur in Crypto in the long term and that by investing in BTC with the option that is bought and then waiting for a target of at least $ 100k, many are waiting for that target and surely there will be many new millionaires.
And the most important thing for me, before having the capital is knowledge, because knowing how to find the best investment is a guarantee that the money will grow as time goes by.


More precisely, knowledge and capital complement each other to really build a business, good financial management, choosing professional workers and building strategic places are also very important. All really complement each other. However, all elements can support success in building a business regardless of the name of the business.

A while ago I was talking with a friend, and we both agreed that there are many ways to make a lot of money and acsi without effort, just having the basic knowledge and experience, but the lack of everything lies in having money for investment, if there is no money to spare. investment is very difficult. In 2017 you could make money quickly, when you participated in ICOs, in different branches of projects, now today I see that everything is moving towards NFT games, there is always a direction that money goes

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October 06, 2021, 07:36:02 PM
 #173

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 are two important factor in business or investment , the both can't be left behind . If knowledge is not available capital may be ruined in a wrong way and if no capital there won't business or investment.

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Mahanton
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October 06, 2021, 07:43:16 PM
 #174

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 are two important factor in business or investment , the both can't be left behind . If knowledge is not available capital may be ruined in a wrong way and if no capital there won't business or investment.
Both do really function and tied up to each other because losing one would just basically tells that it couldnt be possible for you to proceed on or would really end up on a mess if you do just tend have these factors intact.
Capital is needed then its of course a needed thing because you cant really make out any anymore movements if you dont have the money to do so and if you do have then you should be at least knowing
on what you are dealing with and not just putting all of  your money into a certain thing without having any idea on how to handle it.You are just basically wasting off your money.

R


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October 06, 2021, 08:05:58 PM
Merited by LUCKMCFLY (1)
 #175


A while ago I was talking with a friend, and we both agreed that there are many ways to make a lot of money and acsi without effort, just having the basic knowledge and experience, but the lack of everything lies in having money for investment, if there is no money to spare. investment is very difficult. In 2017 you could make money quickly, when you participated in ICOs, in different branches of projects, now today I see that everything is moving towards NFT games, there is always a direction that money goes



There's always direction, as you said, but keeping both knowledge and money will keep you more safe. It's tough to only have one of these two. It's been explained and I also agree that combining both knowledge and a good amount of capital mostly ends up succeeding with your chosen business or investment.

Basic knowledge might be enough if you are willing to gamble and risk as long as you have money to use, enough amount that will allow you to proceed even if you commit mistake while investing or doing business.

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October 07, 2021, 07:11:11 PM
 #176

I think knowledge is mostly important here because without acquiring knowledge, you certainly would blow up your capital in no time.

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October 08, 2021, 11:08:31 PM
 #177

Is it KNOWLEDGE or CAPITAL, or even BOTH?
There is a saying that goes "Knowledge is power" you don't go on a journey unprepared and you don't start a project you have little knowledge about. Knowledge is more important than capital because a man's gift makes provisions. With knowledge and deligence one can get sponsors or partners but  having the fund without  knowledge will attract losses and even if one employs a capable hand the employee will most likely take advantage of the employers ignorance
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October 10, 2021, 02:28:20 PM
 #178

Is it KNOWLEDGE or CAPITAL, or even BOTH?
There is a saying that goes "Knowledge is power" you don't go on a journey unprepared and you don't start a project you have little knowledge about. Knowledge is more important than capital because a man's gift makes provisions. With knowledge and deligence one can get sponsors or partners but  having the fund without  knowledge will attract losses and even if one employs a capable hand the employee will most likely take advantage of the employers ignorance


Big yes to this. Knowledge is power. We all see those businessman right now they really have knowledge on where they would start and how to gain customers and make them wealthy. Now it is not that easy since  there are a lot of time with failures and also they will be doing research for over the years to come up with the best idea. Also with failure you could gain knowledge from it.
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October 10, 2021, 03:15:01 PM
 #179

I think that knowledge and capital only reflect a part of the advantage in business or investment. But to be successful, it needs its own inner motivation, perseverance, loyalty. In fact, I deeply admire the will and self of Harland Sanders - the billionaire fried chicken KFC. It proves that perseverance, not giving up, the will to progress and the inner motivational instinct can transform success faster.

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October 10, 2021, 04:14:13 PM
 #180

Both. as an aspiring entrepreneur, I learned how important is your network, it's important to have enough connections in order to succeed, you still need capital to learn how these successful people operate. It's either you do courses or hire someone as a coach. These coaches learn strategic ways to succeed, they spent enough time and energy learning it through experience.

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