Success Doesn’t Start With Big Capital/ It Starts With Valuable Skills

[Die_empty]

Let’s take a look at what’s happening around us.
At a road junction in my area, a young man aged around 20–22 learned bike repairing skills and is now earning BDT 1,500 to 2,000 per day. To increase his income, he has already hired two more workers. At the same junction, a 14–15 year-old boy working in a salon is earning BDT 2,000 to 3,000 per day. Notice something important: none of them started with large capital. They started with a powerful skill. If you look around, you’ll find many people who once had nothing, but today they are farmers, business owners, and entrepreneurs — all because of skills. Not only did they build their own success, but they also created job opportunities for many unemployed people and took part in the journey of making the country and nation self-reliant. That’s why I always say: if you have money in your hands, invest in yourself first. Learn a skill. Make yourself capable. Because investing 20,000 to 50,000 taka may not bring big returns immediately, but if you use that money to learn

Skills are needed in everything we do to earn a living. Your emphasis is on technical or vocational skills, which is very important. I have always encouraged young people to learn a skill before going to college. This is important since whitecollar jobs are not always available. Those who come from poor homes should also pick up some skills that will give them income to further their education or establish themselves.

But this doesn't mean that those who have money to invest in some asset or establish a a business shouldn't do that. Everybody must not acquire technical skills, some people might have interest raising funds and starting big businesses. It is also advciebele to acquire business skills and start small. Starting small helps to make less fatal mistakes and gaining firsthand experience. 

 

[Ocham]

Let’s take a look at what’s happening around us.
At a road junction in my area, a young man aged around 20–22 learned bike repairing skills and is now earning BDT 1,500 to 2,000 per day. To increase his income, he has already hired two more workers. At the same junction, a 14–15 year-old boy working in a salon is earning BDT 2,000 to 3,000 per day. Notice something important: none of them started with large capital. They started with a powerful skill. If you look around, you’ll find many people who once had nothing, but today they are farmers, business owners, and entrepreneurs — all because of skills. Not only did they build their own success, but they also created job opportunities for many unemployed people and took part in the journey of making the country and nation self-reliant. That’s why I always say: if you have money in your hands, invest in yourself first. Learn a skill. Make yourself capable. Because investing 20,000 to 50,000 taka may not bring big returns immediately, but if you use that money to learn

Skills are needed in everything we do to earn a living. Your emphasis is on technical or vocational skills, which is very important. I have always encouraged young people to learn a skill before going to college. This is important since whitecollar jobs are not always available. Those who come from poor homes should also pick up some skills that will give them income to further their education or establish themselves.

But this doesn't mean that those who have money to invest in some asset or establish a a business shouldn't do that. Everybody must not acquire technical skills, some people might have interest raising funds and starting big businesses. It is also advciebele to acquire business skills and start small. Starting small helps to make less fatal mistakes and gaining firsthand experience. 

 

I don’t agree with the statement that technical skills are not mandatory for everyone. Because in this world, those who are established or have become industrialists have, at some point in their lives, learned skills and become competent before moving forward toward their future. Yes, it can be said that those who are born into already established industrial or business families may not need to learn technical skills in the same way. That is my personal view.
And the topics I discussed were mainly intended as advice for people from middle-class backgrounds.

[Die_empty]

I don’t agree with the statement that technical skills are not mandatory for everyone. Because in this world, those who are established or have become industrialists have, at some point in their lives, learned skills and become competent before moving forward toward their future. Yes, it can be said that those who are born into already established industrial or business families may not need to learn technical skills in the same way. That is my personal view.
And the topics I discussed were mainly intended as advice for people from middle-class backgrounds.

Maybe I didn't explain my thoughts very well. You gave an example of a bike repairer and a barber/hairdresser who are making good money because they gained sound vocational skills. My take is that not everyone would be interested in learning such a job and starting such a business.  Some might decide to start small-scale buying and selling businesses, while others might prefer to learn some soft skills. Some might want to go to college and become professionals in other fields. You need skills to survive, that's true; however, technical skills are not the only type.       

[aylabadia05]

Large capital only provides added value to achieve success more quickly than those with small capital because both have the same skills in carrying out their work.
For example, two people with the same skills are going to start a business. They start on the same day, but the person with more capital reaches their target a little faster.
For me, confidence in one's skills and determination to take action are the most important factors for achieving success and consistency, without giving up easily.

[Alpen]

For ten years, I’ve been driving past the same field. Year after year, different farmers take it over. No matter what they plant or what livestock they raise, they all go bust.

I’ve seen countless small businesses die right before my eyes. These people had the skills, they created jobs, but they were ultimately crushed by the state.

The truth is, you are 'nothing'—no matter how talented or unique you are—if the state doesn't give a damn about you. So, who survives? Only those who cut the authorities in on the deal.

Success isn't about your skills; it’s about where you were born. If you're born in a place like Afghanistan, you're doomed to have no future. And if you're a girl there, your fate is even bleaker.

[SamReomo]

My goal is to follow the right process, begin with limited resources from that 12,000 salary, and eventually build a business that can generate a much higher income in the future.

That's a good mindset and let's be honest, most of us began with low income and now some of us are in good financial condition. No matter if you begin with just 12k taka even that amount is more than enough to learn some skills and later utilize those skills to earn more and more.

I suggest you to learn some good skills that may allow you to get freelancing jobs, the time spend on learning such skills will allow you to get more jobs and earn way more than your current monthly salary. You may consider investing on Bitcoin or other valuable cryptocurrencies alongside as that will allow you to increase your capital overtime.

[Iranus]

I would rather invest that money into something that actually bring me return like bitcoin or stocks rather than investing on me because if there is something we need to learn then we can always get that for free now, this is internet era and every information is available over the websites, in different formats so we don't necessarily need to spend like 50K or 500K to make us better in something.

It is true that everything has become much easier thanks to the development of the internet. But the fact that school and vocational training centers have been able to survive to this day and still attract many student is no accident. Not every profession can be taught from youtube, facebook, or specialized forum. You can not become a chef, barber, doctor, or architect through the internet.

Furthermore, whether to invest in oneself or in financial assets depends on each individual. It is true that not everyone who graduates from university finds a job, but not everyone who invests in bitcoin or stock makes a profit.

[coin-investor]

if you have money in your hands, invest in yourself first. Learn a skill. Make yourself capable. Because investing 20,000 to 50,000 taka may not bring big returns immediately, but if you use that money to learn.

Your investment can easily lose its value if you don't have the skill to run a business, so start investing in yourself, invest in acquiring skills and knowledge that will get you a job and once you acquired enough knowledge and skills you can start a business whatever money you have in starting with your business it will grow ten fold because you are fully equipt with all the skill and knowledge on how to run a business.

[rodskee]

what people need these days is patience

nothing gets built in overnight so just keep building your skills, your network your connections before you think about building your capital because capital before the skills will just make you lose money since you aren’t equipped to hold and manage the money anyway

[dunfida]

Let’s take a look at what’s happening around us.
At a road junction in my area, a young man aged around 20–22 learned bike repairing skills and is now earning BDT 1,500 to 2,000 per day. To increase his income, he has already hired two more workers. At the same junction, a 14–15 year-old boy working in a salon is earning BDT 2,000 to 3,000 per day. Notice something important: none of them started with large capital. They started with a powerful skill. If you look around, you’ll find many people who once had nothing, but today they are farmers, business owners, and entrepreneurs — all because of skills. Not only did they build their own success, but they also created job opportunities for many unemployed people and took part in the journey of making the country and nation self-reliant. That’s why I always say: if you have money in your hands, invest in yourself first. Learn a skill. Make yourself capable. Because investing 20,000 to 50,000 taka may not bring big returns immediately, but if you use that money to learn

Easy to say but it wont be that an easy path to take or someone would be able to achieve specially on learning up new skills. Its not impossible though but it wouldnt be that a shot time. For those people who do become successful then they are the ones who had been thinking up with those possible ways on which they can able to maximize out their profits or income by just that trying out to enhance their skills or even adding it up and make use of manpower on which they do saw that it can be able to help to progress more. This is where successful people usually be able to achieve their goals because this is something that other people wont be able to do so or simply they are just that too lazy on doing so. You are the ones will be making up decisions on which you do seem that will beneficial for you.

There are those people that having their own talents but wasted up just because they are afraid on taking up further step because they wont want to fail or wont be seeing those kind failures on which this would be that a big hindrance to those people who are that taking up such risks.

[passwordnow]

what people need these days is patience

nothing gets built in overnight so just keep building your skills, your network your connections before you think about building your capital because capital before the skills will just make you lose money since you aren’t equipped to hold and manage the money anyway

And together with that patience is being skilled. It's true that nothing gets built overnight without so much effort. All of the success entrepreneurs and businessmen, they have gone through a very tough experience before they've reached that. Capital is a part of it but having connections is something else. You'll get to start anything by being a partner to someone who's got money just because he's part of your network.

[Zigabel]

Let’s take a look at what’s happening around us.
At a road junction in my area, a young man aged around 20–22 learned bike repairing skills and is now earning BDT 1,500 to 2,000 per day. To increase his income, he has already hired two more workers. At the same junction, a 14–15 year-old boy working in a salon is earning BDT 2,000 to 3,000 per day. Notice something important: none of them started with large capital. They started with a powerful skill. If you look around, you’ll find many people who once had nothing, but today they are farmers, business owners, and entrepreneurs — all because of skills. Not only did they build their own success, but they also created job opportunities for many unemployed people and took part in the journey of making the country and nation self-reliant. That’s why I always say: if you have money in your hands, invest in yourself first. Learn a skill. Make yourself capable. Because investing 20,000 to 50,000 taka may not bring big returns immediately, but if you use that money to learn

Well said, investing in yourself will give you live long lasting skill that you can take to any where in the world and make money from provided your skill is needed at that point in time. even if you want to invest in a business where you hope to her returns as an investor, it is important that you have an idea how such Business is been runed and that way you will know what you ae investing your money into, that too is also a way of investing in yourself, but if you just throw the money into any form of investment with the mind of getting returns without understanding the business, it will only last a short time after which you will be out of business.

You actually need skill more than you need capital to start a business or any venture, you have to be skilled in the business or whatever it is you want to do so that you can apply your skill to manage it well and make profits as expected.

[Alone055]

if you have money in your hands, invest in yourself first. Learn a skill. Make yourself capable. Because investing 20,000 to 50,000 taka may not bring big returns immediately, but if you use that money to learn

You realize that one can't actually create wealth by working for a daily wage, and even if someone is making enough money from something they are doing, but what will they do with that money after all? They will save up, and then start a business of their own, why? Because they want to make money without having to work that much. You realize that when someone is working on a daily wage at a workshop or anywhere, they have to work for possibly 12 hours or so a day, right? Who loves that? No one, but it's a compulsion and only a start.

The ultimate destination for everyone is to have sources of income that will make them money while they rest and have a good time. What you mentioned is great as a start, but that's not great as a career, and even though one should get motivated by seeing that and learn skills, but one shouldn't aim to become like them. There are people with digital skills who make more money than that every month, but they sit at home, work only when they want, and still have a good life. So, even though having skills is important, one should make sure that they are getting skills that match their goals.

[TheUltraElite]

Considering the poverty in Bangladesh, I consider any job there as godsend and most of the rich people there are living in other countries making money and sending it back home.

Of course skills will matter in making money but if the people you are selling your skills to are as bad any other person, then you will never be able to grow beyond a certain point.

Capital helps, and having capital cannot be downplayed with skills, it will be the skills that multiply the capital.

[Sulegzy39]

I understand this, any rich persons today ask them they have go through a lot there’s nothing good comes easily invest in your self there are people who say that instead of investing with small amount let alone mediocre some part of your point are valid but my point is this life is not as balanced as you described.

I believe with that success doesn’t start with big capital invest with small amount you have with you anything that will bring more for what you invest, for you go through It as a beginner getting a skills that will get you paid is good but that should not be compared. And always day careful for what you invest and avoid scammers.

[goldkingcoiner]

That’s why I always say: if you have money in your hands, invest in yourself first. Learn a skill. Make yourself capable. Because investing 20,000 to 50,000 taka may not bring big returns immediately, but if you use that money to learn

There can't be a business without the operator having the skills to run it, or you can't find a job without the skills to do it; everything starts with skill and knowledge.

Your skill is your best investment, and it's something that nobody can take away from you. After you invest in yourself, money can easily come to you, and once you have the money, you can establish your own company and apply all the skills and knowledge that you learned.

What about that one girl who sells her bath water to creepy perverts?  She seems to be skilled at selling nothing for something.  

I think knowledge and skill are very important but nowadays making money can be achieved through luck, other peoples stupidity or simply through a lot of effort. Although money has always been made through effort, no matter how skilled the person.

The big money can't be earned that way though. A big business needs many skilled people.

[aioc]

There can't be a business without the operator having the skills to run it, or you can't find a job without the skills to do it; everything starts with skill and knowledge.

Your skill is your best investment, and it's something that nobody can take away from you. After you invest in yourself, money can easily come to you, and once you have the money, you can establish your own company and apply all the skills and knowledge that you learned.

What about that one girl who sells her bath water to creepy perverts?  She seems to be skilled at selling nothing for something.  

I have to get out of the chair and be in a hurry to drink water and get some fresh air, as I'm losing my breath from laughing because of this 

[tabas]

Large capital only provides added value to achieve success more quickly than those with small capital because both have the same skills in carrying out their work.
For example, two people with the same skills are going to start a business. They start on the same day, but the person with more capital reaches their target a little faster.
For me, confidence in one's skills and determination to take action are the most important factors for achieving success and consistency, without giving up easily.

There is an advantage for those who starts with larger capital. But that's not the basis of one's success. While it give advantage to those starters, those who knows how to utilize it will make the most out of it. I think it's best to put that larger capital when the business is already thriving and it's looking for additional funding rather than to put that in the beginning where success isn't guaranteed. At least when it's already thriving, there's a path that the investor or entrepreneur have to follow and they're doing it just right because there's a result that's being foreseen.

[Muba20]

If skills are acquired properly, there is an opportunity to earn money. In many cases, there is a skill but not enough capital, but those who have skills may take a little longer but their chances of success are much higher. To be successful in every work, skill is required. Even if a person has a lot of money, he can use a lot of capital in a business, but he will not be able to succeed in that business if he does not have that skill. In any business, skill is needed first. That is why when starting a business, it is necessary to acquire skill in that matter, not just thinking about using capital. If skills are developed, it is possible to increase the capital later.

[aylabadia05]

<snip>

There is an advantage for those who starts with larger capital. But that's not the basis of one's success. While it give advantage to those starters, those who knows how to utilize it will make the most out of it. I think it's best to put that larger capital when the business is already thriving and it's looking for additional funding rather than to put that in the beginning where success isn't guaranteed. At least when it's already thriving, there's a path that the investor or entrepreneur have to follow and they're doing it just right because there's a result that's being foreseen.

Large capital only makes things easier, not easier, because the basis is knowledge or experience in doing a business. People with large capital who do not have experience in a particular field also do not know how to start. Consistency and continuous adaptation to every change are innovative ways to make a brand known to more people, and this is called a developed business. At that point, a large capital injection becomes a powerful weapon to continue expanding, and this is a very common explanation.
When starting out, you are required to be determined to either live or die.