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Author Topic: Idea and money are very important to investment.  (Read 2010 times)
nara1892
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December 27, 2023, 12:45:22 PM
 #221

Both idea and money are needed to establish a good business. Alot of people are out there with good business idea but lack capital to finance it. Also having money without an idea may lead to venturing into a business where one may lose all the money.

I bet that there are more people having an idea than people having funds lacking one. Smiley
The issue is that an idea without money is worthless.
Yeah just having an idea doesn't work if you don't have enough money because any business whether small or big needs capital even if it's a small amount. Without capital it is not possible to move the business forward. So before starting the business think about how long it will take for your business to start earning. If it is one year then you have to think about capital your business will need this one year.

These two things really cannot be separated if someone wants to build a business or get involved in the world of investment, as you said that if only the idea we have then it will not be able to run if there is no money that will push for the journey, and vice versa. But in my opinion now ideas are more prioritized in terms of business because if indeed they do not have the ability in terms of money then I think there are enough services that can provide loans, but what I want to ask is whether the ideas you have are really good or even tested? sometimes even though you already have both ideas and money does not mean you are safe to run everything well, there are always situations where you slip because the ideas you use really don't work as needed.

For the problem of how long the process will take until you can achieve success or at least be able to ensure that the business you have can run according to plan and really produce I think for that problem it cannot be fully known, because it is a process and that is the reason why every person's success has a different period of time to be able to achieve success, so don't think in that direction because if you have a strong determination then your business will be able to run according to plan and achieve success in a period that cannot be fully known.

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gunhell16
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December 27, 2023, 01:41:18 PM
 #222

Both idea and money are needed to establish a good business. Alot of people are out there with good business idea but lack capital to finance it. Also having money without an idea may lead to venturing into a business where one may lose all the money.

I bet that there are more people having an idea than people having funds lacking one. Smiley
The issue is that an idea without money is worthless.
Yeah just having an idea doesn't work if you don't have enough money because any business whether small or big needs capital even if it's a small amount. Without capital it is not possible to move the business forward. So before starting the business think about how long it will take for your business to start earning. If it is one year then you have to think about capital your business will need this one year.

When it comes to investment, we should really know if it's really legit or if it has potential. We shouldn't just send in pure hype; we should see that there is a reason why it needs to be invested since we are here in the cryptocurrency business.

Because having knowledge will also ensure the safety of our capital in the investment we choose. In short, this is a good combination when we make an investment in an industry like this.

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December 28, 2023, 03:01:38 PM
 #223

Idea and money plays a major role in investment, but money helps a lot, you may have idea but when you don't have money it becomes a problem to invest, there some organization today that works with the idea of some set of person, these may not to have the money to finance their idea to be seen by people, to me money is a major criteria for establishing a business, lack of money has dealt with many people, there are people that has so much talent and idea, but the problem is the money, but I must concur that both work in line with each other.

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December 28, 2023, 06:17:12 PM
 #224

Yeah just having an idea doesn't work if you don't have enough money because any business whether small or big needs capital even if it's a small amount. Without capital it is not possible to move the business forward. So before starting the business think about how long it will take for your business to start earning. If it is one year then you have to think about capital your business will need this one year.

This kind of mindset is actually not good, it doesn't matter if we give up already. You must have capital first to start a business, if you don't have capital then the business will not run. There are many ways to get capital, even if it's a little, the important thing is that we are willing to try and not complain. For me, if our business idea is brilliant and we are sure it will be successful, why not borrow capital, because for me, loans are not always bad, there is a positive side if debt can be productive.

It all starts with small things, but in the end to be able to develop further we have to have larger capital (this can be overcome by really diligently saving or managing the financial results of these small things. Even though in practice it doesn't easy, , because there are times when people are busy or have competitors or unexpected needs) but we must not give up hope.

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December 28, 2023, 06:40:59 PM
 #225

The most important thing for investing is to have the right idea about investing as well as choosing the right coin to invest in. If the idea about investment is wrong and if we cannot invest in the right coin then no matter how much money we spend in that investment we will not get any success from that investment. First we need to gain adequate understanding about investment then we need to select right coin before investing then we need to manage our money. Money is the next few steps because money can be managed at any time. There are many investors who started investing with a very small amount of money and have achieved maximum success from one time investment while gradually investing. Therefore, money is not the most important thing in investment, but investment information and ideas about investment are the most important things in investment.

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December 28, 2023, 06:57:11 PM
 #226

Well, I do not know how to actually put up my comment so it be clear and understandable to all, but let me try my best.
Idea is important for he or she who looking to start up a business, we can decribe or define idea to be the foundation of every business, but also, money is second important thing when it come to setting up a business, because idea without money, it means the idea may up dying out of frustration and lack money for implementation.

For an investor, it's important to understand the idea you want to invest money in, but it's not a must, like for example, if as an investor, you trust the person who a business idea is coming from, then you as an investor don't really need to understand the business idea to invest in it and make your money..

For example, I know someone here in my locality who studies mass communication in school, but today, he owns two different private hospitals, he is not a doctor, neither does he understands what running a hospital takes or is all about, but he has the money, so, he invested in building hospitals, and hired highly skilled professionals to do the job of overseeing that his investment in the hospital is profitable, and this man is doing really well for himself and his family.

 
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December 28, 2023, 07:14:40 PM
 #227

Both idea and money are needed to establish a good business. Alot of people are out there with good business idea but lack capital to finance it. Also having money without an idea may lead to venturing into a business where one may lose all the money.

I bet that there are more people having an idea than people having funds lacking one. Smiley
The issue is that an idea without money is worthless.
Yeah just having an idea doesn't work if you don't have enough money because any business whether small or big needs capital even if it's a small amount. Without capital it is not possible to move the business forward. So before starting the business think about how long it will take for your business to start earning. If it is one year then you have to think about capital your business will need this one year.

These two things really cannot be separated if someone wants to build a business or get involved in the world of investment, as you said that if only the idea we have then it will not be able to run if there is no money that will push for the journey, and vice versa. But in my opinion now ideas are more prioritized in terms of business because if indeed they do not have the ability in terms of money then I think there are enough services that can provide loans, but what I want to ask is whether the ideas you have are really good or even tested? sometimes even though you already have both ideas and money does not mean you are safe to run everything well, there are always situations where you slip because the ideas you use really don't work as needed.

For the problem of how long the process will take until you can achieve success or at least be able to ensure that the business you have can run according to plan and really produce I think for that problem it cannot be fully known, because it is a process and that is the reason why every person's success has a different period of time to be able to achieve success, so don't think in that direction because if you have a strong determination then your business will be able to run according to plan and achieve success in a period that cannot be fully known.
Shouldn't really be that separated but we do really know that not all people could really be having both things on which is why it would really be that normal that there are those individuals who cant really just make out that progress just because they are really that lacking one of those. Some does have the budget but dont have that idea and there are ones who do have the idea but dont have the money for them to start up.
This is the reality of this life on which there would really be those people who would really be missing out those opportunities just because they cant really be able to complete those requirements on starting up a new venture on which we know that this kind of thing will really be giving out that opportunity for us to make our lives better specially if you do be able to succeed into this one.

Of course it wont really be that something simple but if you wont really be taking any actions then you wont really be that progressive in the end of the day. This is why success would really be determined into those people who are really that serious when it comes to enhancement and progress into their lives. They cant really just that make themselves be stagnant in speaking about opportunities or whatever
the things that they would be tending to deal with.

R


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December 28, 2023, 11:13:26 PM
 #228

Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
I believe both are essential and interconnected. However, the quality of the idea has to be compatible with ideas people around may also have, be sympathetic to, or understand efficiently. It doesn't work to put an idea in practice, even though you have money for that, if people around won't buy that idea, because for some reason it doesn't awake interest from them. Many good businesses just failed, because they were planned and executed to work in wrong areas where local people didn't go for them. However, if the investment had been made in the right region, it would have thrived successfully.

That is also why we see many low quality ideas flourishing in business world. It doesn't make sense huge investment is made in garbage music, arts and movies, still it's highly profitable for the people involved on the industry, because even though the ideas are terrible, they are compatible with the ideas of the public or the ideas the public expect to consume from the media.

After all, every investments are wrapped by ideas. The point is: are those compatible or incompatible ideas towards the target public the entrepreneur is intended to provide?

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December 29, 2023, 02:08:24 AM
 #229

Both idea and money are needed to establish a good business. Alot of people are out there with good business idea but lack capital to finance it. Also having money without an idea may lead to venturing into a business where one may lose all the money.

I bet that there are more people having an idea than people having funds lacking one. Smiley
The issue is that an idea without money is worthless.
Yeah just having an idea doesn't work if you don't have enough money because any business whether small or big needs capital even if it's a small amount. Without capital it is not possible to move the business forward. So before starting the business think about how long it will take for your business to start earning. If it is one year then you have to think about capital your business will need this one year.

In a business, even if your capital is small, as long as you are good at circulating money, you will surely be able to use the money to grow the business you manage. I have seen and read many articles about people who, from small capital, after a few years, became rich because of business.

Because if your idea is good and you persevere to make it happen, for sure, in the end you will succeed if you accompany it with determination, perseverance, and passion. You will ignore the hardships and patience you will face here.

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December 29, 2023, 06:19:23 AM
 #230

Both idea and money are needed to establish a good business. Alot of people are out there with good business idea but lack capital to finance it. Also having money without an idea may lead to venturing into a business where one may lose all the money.

I bet that there are more people having an idea than people having funds lacking one. Smiley
The issue is that an idea without money is worthless.

The problem most people have sometimes is that they are not ready to start small. Funds for be raised from no matter small if one make a good plan for it. It could from the little job you do. Money is needed in all aspect of one's life.

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December 29, 2023, 06:33:00 AM
 #231

Both idea and money are needed to establish a good business. Alot of people are out there with good business idea but lack capital to finance it. Also having money without an idea may lead to venturing into a business where one may lose all the money.

I bet that there are more people having an idea than people having funds lacking one. Smiley
The issue is that an idea without money is worthless.
Yeah just having an idea doesn't work if you don't have enough money because any business whether small or big needs capital even if it's a small amount. Without capital it is not possible to move the business forward. So before starting the business think about how long it will take for your business to start earning. If it is one year then you have to think about capital your business will need this one year.

In a business, even if your capital is small, as long as you are good at circulating money, you will surely be able to use the money to grow the business you manage. I have seen and read many articles about people who, from small capital, after a few years, became rich because of business.

Because if your idea is good and you persevere to make it happen, for sure, in the end you will succeed if you accompany it with determination, perseverance, and passion. You will ignore the hardships and patience you will face here.

It is difficult to have a large capital, but there are things that can be done with a small capital. The size of capital is one of the most important factors in starting a business, but sometimes lack of capital should not be an obstacle to starting one. When the plan of the business to be established is made, it is checked whether it can be established with the capital on hand. If possible, a business can be established with a small capital.

If you do not have enough capital to start a business in the country I live in, you must find the necessary resources in time to increase your capital. If you cannot find it in time and start waiting, the cost of the business you will establish will increase over time and the capital you have will begin to become worthless. Unfortunately, inflation puts investors in a difficult situation. I hope the efforts to stop inflation pay off.

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December 29, 2023, 05:03:49 PM
 #232

Quote from: Call_Me_Guru
Money and ideas are two vital ingredients in investment but you need to be able to operationalize them. Came across many people who have money without the idea on how to invest it, some are just wired that way because they are seeing money effortlessly from good paying job while some money are inherited. No matter what you tell them about investment they won’t budge.

There are others who doesn’t have this ideas but with cash but willing to invest in other people’s ideas and make a kill from it. Whether the idea is yours or not, it all boils down to willingness to operationalize it

But if you have idea and money in that particular investment, I don't think it will take you some years before you will begin to see good results from your investment compare to someone that have the money only in that particular investment but he or she don't have idea and it will make him or she feel that the investment is not good for someone to make a good profits not knowing that he or she lack idea that make he or she to feel that way.

That is why that man I met in the flight paid my ticket flight because, he saw me doing what he has been looking for, for someone to teach him so that he can be putting his money in BTC investment and, I believe his finance will improve higher in the future because he just added idea to his wealth.

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December 29, 2023, 06:10:51 PM
 #233

all of that will only be a fantasy if they don't have enough money to do and run the idea, hopefully those who have ideas about their business or business can have enough money to realize the idea and if they don't have enough money I think they can work first and save up to run the idea,  and if the idea is already running they have to run it as well as possible because with those who do it well and also manage everything carefully it will bring profit.
However, the two we are talking about here will always be related, people have ideas but don't have money so it will be difficult to realize the idea. Conversely, if people have money but they don't have ideas, then it is also difficult to make the money they have into something that brings them profit.
But do not forget also in the execution, when people have both, but in the execution is not good, then it will end up with losses as well. For example, if we have an idea to open a business, we must also have observations that we then pour into our plans, such as our target market or the place we will use to open a business. We have to think in that direction, opening a business in a strategic place and close to our target market.

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December 29, 2023, 07:38:46 PM
 #234

Both idea and money are needed to establish a good business. Alot of people are out there with good business idea but lack capital to finance it. Also having money without an idea may lead to venturing into a business where one may lose all the money.

I bet that there are more people having an idea than people having funds lacking one. Smiley
The issue is that an idea without money is worthless.
Yeah just having an idea doesn't work if you don't have enough money because any business whether small or big needs capital even if it's a small amount. Without capital it is not possible to move the business forward. So before starting the business think about how long it will take for your business to start earning. If it is one year then you have to think about capital your business will need this one year.

In a business, even if your capital is small, as long as you are good at circulating money, you will surely be able to use the money to grow the business you manage. I have seen and read many articles about people who, from small capital, after a few years, became rich because of business.

Because if your idea is good and you persevere to make it happen, for sure, in the end you will succeed if you accompany it with determination, perseverance, and passion. You will ignore the hardships and patience you will face here.
No one starts on being big if we do speak about business on which we do know that we do start on scratch and it would reallyt be just that normal that those challenges that would be able to encounter would really be just that normal when we are really just starting up. We do know that when it comes to probability and chances of success then it wouldnt really be still that an assurance that it would really be happening into us.
Speaking about idea and money then of course then both things would really be that required on an investment yet you cant really be able to move forward if you dont have one of those things. Yes, you could have the money but you dont have the idea then it would really be just that a useless thing. This is why it would really be that normal that both things do really exist and much needed.

Idea would be useless if there's no money that you could really be make use of, money would be useless if you dont have the idea on which you can start on. This is why everything would really
vary on how you do deal up with things on which there are those people who are really that good when it comes on handling up situations and mindful on whats lacking
and whats needed, and there are those who dont really mind nor care at all.

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December 30, 2023, 12:38:34 AM
 #235


Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
Both investment ideas and money are very important for investing. How do I recruit if I have enough ideas to invest, but don't have enough money to invest now? If I have enough money, if I don't have enough ideas to invest, it will be difficult to succeed in that investment. I think the most important thing to invest is money. Because if I have a general idea to invest then I can invest. But if I have enough ideas, I can't invest unless I have enough money. But it is better to invest with enough money and enough idea of ​​investment.
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December 30, 2023, 01:40:05 PM
 #236

all of that will only be a fantasy if they don't have enough money to do and run the idea, hopefully those who have ideas about their business or business can have enough money to realize the idea and if they don't have enough money I think they can work first and save up to run the idea,  and if the idea is already running they have to run it as well as possible because with those who do it well and also manage everything carefully it will bring profit.
However, the two we are talking about here will always be related, people have ideas but don't have money so it will be difficult to realize the idea. Conversely, if people have money but they don't have ideas, then it is also difficult to make the money they have into something that brings them profit.
But do not forget also in the execution, when people have both, but in the execution is not good, then it will end up with losses as well. For example, if we have an idea to open a business, we must also have observations that we then pour into our plans, such as our target market or the place we will use to open a business. We have to think in that direction, opening a business in a strategic place and close to our target market.

that's true, but in my opinion someone who has enough money but they don't have a good idea, I think they can make investments that are clearly profitable in the future, as long as they know the things they invest in are reliable things that can generate profits in the future, and this also needs to be done carefully, because don't make the wrong investment that makes them experience losses. I don't think it's difficult if they have a good mindset, where they won't have a short mind, with those who have money but don't have ideas to run they shouldn't stop there, they have to think of ways to make money without running something, and that can be done by investing in a business,  or helping to capitalize other people's businesses that will be run, in this way it might make a profit with an income that is shared or however it is.

In my opinion, it depends on the business that is run, because maybe to market the products produced can be anywhere especially with the current development of technology making everything easy and if people who have good thinking maybe they will use this as a source of marketing their products, and people who want to open a business of course they must think about the place first before taking action.

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December 30, 2023, 03:37:08 PM
 #237

He has money but no ideas, after hearing your explanation while on the flight he found an idea to invest his money. Ideas and money are like sand and cement in building a building foundation, apart from these two raw materials you need knowledge or iron to make a solid foundation. Idea obtained from several orientations that you provide cannot be immediately developed if he does not have the knowledge, he needs a recipe so that the investment runs perfectly.

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December 30, 2023, 04:37:12 PM
 #238

Both things must be in part because to key to success is knowledge once you have enough of it to start and strategies all of the things you can now make more money, with the help of money you can now access and increase the number of your networks, that might help you to gain more knowledge and opportunities beside what you have right now and with you can get more than you have now this cycles repeat as always that's why rich people becomes more rich because they learned more a lot to other rich people how to think like a million or billionaire. These two makes you a better person once you have at least but its different if you have them both.

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December 30, 2023, 11:09:25 PM
 #239

Both things must be in part because to key to success is knowledge once you have enough of it to start and strategies all of the things you can now make more money, with the help of money you can now access and increase the number of your networks, that might help you to gain more knowledge and opportunities beside what you have right now and with you can get more than you have now this cycles repeat as always that's why rich people becomes more rich because they learned more a lot to other rich people how to think like a million or billionaire. These two makes you a better person once you have at least but its different if you have them both.
You cannot just wake up and start implementing without proper planning. You can even show people your idea to get their input, but there may be mistakes that you are blind to, so you can enlist the help of volunteers to help you with it. Knowledge comes before implementation, and there are principles that must be taken into consideration. One of the greatest people ever may have been the one to create the housing estate industry, which has grown to become one of the largest in the world today. No matter how difficult it appears, perseverance is key.


When I tell people that you will enjoy something if you lay your bed nicely, I usually mean that you need to make the correct plans and meet the right people. If it's a business that requires sponsorship, there are a few ways you may make it appealing to the sponsors. After an idea, money should be taken into consideration. Ideas and money go hand in hand, thus there's no perfect way for both to succeed without the other. Part of the game changer is having the networks we started. And it really does matter how you think, as does everyone else's perspective.

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January 27, 2024, 09:53:10 AM
 #240

How do you see the importance of having both ideas and money in making successful investments? Share your thoughts!
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