Big budget versus Great idea. Who eventually wins? - page 2.

Cnut237

legendary

Activity: 1904

Merit: 1277

Quote from: cryptolottocc on March 10, 2018, 01:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

This is sometimes the case, and sometimes not. There are numerous factors that can contribute to the success or failure of a project. The quality of the idea is obviously important, as is budget, but some of the many other things to consider include:

implementation - is it buggy, misses deadlines etc?
team and organisation
timing - is this what is needed right now?
publicity - not necessarily related to budget - this can be the development of a supportive community or the influence of certain high profile individuals
and of course brute luck.

but the list really goes on forever.

feelideb

full member

Activity: 770

Merit: 101

fLibero.financial

Both of them eventually win in the long run. In an immediate analysis, big budget with mediocre idea might win but that winining will be short lived unless they start becoming serious in deploying great idea. Great idea always win if it is worked at.

lukmandog

sr. member

Activity: 630

Merit: 250

Quote from: cryptolottocc on March 10, 2018, 01:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

Big budget is an idea. you can not compare each other in business. if a project can succeed with a low budget, why would they provide a big budget. idea is a main thing that decide which budget they would use. a big budget can also possibly fail, if the idea is not fit to the project.
however, this is a business, pragmatically bounty hunters will join a big budget project for profiting more. that is the main reason for a project to succeed.

lambo_driver

newbie

Activity: 12

Merit: 0

it is very interesting to read the biographies of people who have developed from the very bottom

AlexOnix

member

Activity: 196

Merit: 10

Quote from: bigcash2011 on March 18, 2018, 05:53:36 AM

I think both factors do effect how the project and business will go on, a succesful project must have a great idea with decent amount of funds, otherwise it can collapse due to low funds and more expenses.

That's true. Complete agreement. Everything should be in harmony, such projects at the moment very little unfortunately.

bigcash2011

sr. member

Activity: 1442

Merit: 265

I think both factors do effect how the project and business will go on, a succesful project must have a great idea with decent amount of funds, otherwise it can collapse due to low funds and more expenses.

BitcoinBallerina

full member

Activity: 308

Merit: 100

Presale is live!

No matter how big the budget is if the idea is shitty no one is going to be interested in the project. Bitcoin started with no budget and look where it is now. Its the idea that matters, anyone can finance later if the idea is good. With a shitty idea it wont take long for the funds to dry up.

lambo_driver

newbie

Activity: 12

Merit: 0

more and more inclined to what was right

wireless474

copper member

Activity: 43

Merit: 5

Quote from: cryptolottocc on March 10, 2018, 01:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

Well, to simply answer this... you have to have money to make money... however, i dont think that all companies with a big budget makes it in the long run.

How do you see this?

vasil777

full member

Activity: 546

Merit: 100

Quote from: cryptolottocc on March 10, 2018, 01:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

I think the most important thing in each project is the idea. because if there is no interesting idea then nobody will invest in the project. Also, not always a company that has accumulated a lot of money can not succeed in the future

CryptoAlphaStar

full member

Activity: 574

Merit: 101

A good balance between budget and a good idea. But if you have to choose one, I would choose a good idea. Ideas bring money naturally if they are good.

s4mp1nt0

full member

Activity: 294

Merit: 100

Quote from: cryptolottocc on March 10, 2018, 01:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

ofcourse big budget always win this. If you have a budget then you can arrange team with a great idea and join conference to get some more.
you don't achieve anything if you only have idea but no money to implement it.

lambo_driver

newbie

Activity: 12

Merit: 0

when you have a lot of money at once there is free time because you do not think where to get them) and focus on the brainstorm

Panteleymon

member

Activity: 262

Merit: 10

A large budget is a big advantage. Like the idea, too. If you can manage your advantages, you can achieve great results even with limited other possibilities. A correctly presented idea can be successful without a large budget, if you take advantage. Just like the budget without a special idea (a successful advertisement of something ordinary). Ideally, there should be both, but these benefits can also be lost if you use them ineptly.
It seems to me that in the question itself there are equivalent concepts. Rather, the question should be put in a different way. How not to trust all those who can not dispose of the benefits.

BitcoinBallerina

full member

Activity: 308

Merit: 100

Presale is live!

In crypto markets the idea matters but the budget not so much. With good product the money will eventually flow. Look at Nano for example started out with a very small team of devs and budget, but look at its community now.

lambo_driver

newbie

Activity: 12

Merit: 0

It seems that no one can object to this

Agaton

newbie

Activity: 140

Merit: 0

Big budget and great idea are both totally good, for instance, if a certain person have a big budget but there is no idea on how to used their budgets for life development, so it's quite useless. And for the people who have a great idea but there is no budget or no money at all, so their great idea would also a useless. So, it is better to have a big budget and having great idea.

asus09

sr. member

Activity: 1344

Merit: 270

Quote from: cryptolottocc on March 10, 2018, 01:53:34 PM

Hello people,

So my question is: why a project with a mediocre idea but with a bigger budget is likely to have more successful future than the project with a great idea but with a low budget?

How do you see this?

I think it's not that simple. every company that is building the project of course has a way and structure important to be run as planned.
success is determined by many factors, the management team and the advisor are an important part. and we as people who campaign. so it's not as simple as what you say.

lambo_driver

newbie

Activity: 12

Merit: 0

Money rules people)

lambo_driver

newbie

Activity: 12

Merit: 0

sounds cool does not it? Cool

Topic: Big budget versus Great idea. Who eventually wins? - page 2. (Read 479 times)