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Topic: Idea and money are very important to investment. - page 10. (Read 2024 times)

legendary
Activity: 2758
Merit: 1228
Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
If you have money then ideas are sometimes out of the question because you just have to throw it at where you want to invest it. Having an idea but not having money is clearly more of a loss because it will just be wishful thinking without being able to realize the idea you already have. Although I admit that the involvement of ideas and money will be very harmonious if they work together to create new opportunities. Or like this, you have an idea and your friend has money, give it to each other and work together to make it happen. An idea is like a view full of various beauties but blocked by a locked door and the role of money is the key.

But actually you can share your idea to those people who have budget and you just need to present to those people that you have something innovative brought up to them then you think all parties who want to get involve with your idea can earn with it. For sure there would be an investor will trust you if your idea is really good and have potential to became a big project. That's why sometimes ideas are more sellable rather than having a money only since you might lose all your money if you don't have any idea on what is the best investment for you to go thru.

Its bad for people if we just throw up our money on any investment since later on for sure we will regret all the decision we made if we lose all our money and think about those wrong thing we do. Then think about if we could just do more better earlier then we won't lose it all.
sr. member
Activity: 658
Merit: 325
Rollbit.com
hearing your story with the young man made me think, and what was on my mind was that what the young man did was something good, so in essence the idea is very necessary to make our economy progress, that's why the young man was kind to you, which means it shows that the idea that is very important and number 2 is money because with money everything will be easy as long as we have knowledge and brilliant ideas.

I think without ideas it is very difficult to be successful, because the majority of rich people always have brilliant ideas, for example buying land at a cheap price and investing in land for the long term because investing in land for the long term is of course very good because in the future In the future, land prices will always rise. and like the current trend like investing in crypto and many rich people buy crypto when the market is bearish and are ready to take risks and are always full of calculations and as you can see now the price of crypto is increasing so you can see that it is definitely rich people who Buying during a bear market will already make a lot of profit if, for example, you sell it now.
hero member
Activity: 2198
Merit: 607
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Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
If you have money then ideas are sometimes out of the question because you just have to throw it at where you want to invest it. Having an idea but not having money is clearly more of a loss because it will just be wishful thinking without being able to realize the idea you already have. Although I admit that the involvement of ideas and money will be very harmonious if they work together to create new opportunities. Or like this, you have an idea and your friend has money, give it to each other and work together to make it happen. An idea is like a view full of various beauties but blocked by a locked door and the role of money is the key.
sr. member
Activity: 2590
Merit: 452
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Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

I believe ideas and money are very important in investment but besides these two, education/knowledge, flexibility, and discipline are also very important in investment.  With education or enough knowledge on how to realize your idea can make your idea come true.  Flexibility is very important when your idea does not bode well, so you need to have a fail-safe button to save your investment capital.  Discipline, in order to see all things and personal activities, does not affect the idea negatively.

I guess you guys have missed one of the most important factor for your investments to succeed, "Experience". Though not necessarily everyone has to go through enough experience to succeed, but to some who has yet to succeed but thought about quitting, they should study what needs to be learned from those experiences.
With experience you will also develop ideas and knowledge and traits like flexibility, patience, and discipline. It'll also help you build a better chances of succeeding on the next tries.
Yes, investing is not as smooth as we imagine because everything requires a process and time. And it is this process and time that we can make into a valuable experience, because along the way we can get to know and also understand and increase our knowledge about what we are investing in, thus making us smart and successful investors.
There is no investment without risk, so everyone has experienced losses and regrets that can be repaired. So experience is necessary in any case to achieve success. And to invest, invest with money that you can afford to lose and never use important money or money that you need because it is very risky.
Having money to invest if you don't have experience, knowledge and good knowledge will come more from experience and discipline. If you don't have all of that, then the investment will not produce results.
hero member
Activity: 1862
Merit: 601
The Martian Child
I can't believe OP is even asking a shallow question, the answer is very obvious. Seriously, only dumb people invest in something they have no idea about. It always begins with an idea before even starting to invest.

The easiest way to earn income without much idea is by investing money into treasury bills, bonds, and notes. There are also time deposits on banks. These are all safe and secure but the returns aren't that big unless you have millions to invest. The safest and most secure investments mean a low rate of returns.
sr. member
Activity: 1022
Merit: 277
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Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
When investing, of course you have to have money for capital. Likewise with ideas which of course are also very necessary so that investment can run well. So if for example one of those two aspects is missing, I don't think the investment will work well.

Because think about it, if you don't have money, how do you invest? Then, for example, if the idea doesn't exist, how can the investment be successful? So in essence these two factors are really needed when starting to invest.
That's the main important thing when you want to invest, ask yourself "do I have an extra money for investment?" if so, then go for it. I'm aware that many people has a lot of good ideas but doesn't have enough money for it that's why some of them invites other people who has a potential to be their co-owners or investors, same on that's what other bigger companies did in their entire business, They invite wealthy businessman to invest in their new project ideas and platforms in the future.
sr. member
Activity: 602
Merit: 306
I was thinking that if you have money you can make a good income from any investment in the world without someone having the idea, until I met one young wealthy man in the flight yesterday and he saw me checking some coins price in my cryptocurrency wallet, and he begin to ask some questions related to cryptocurrency and, I responded to him in a way he begin to show some interest in cryptocurrency investment. Based on some orientation I gave to him in the flight made him to return the money I paid for flight when will got to our destination because, he gained some ideas from me in the flight that made me to bring this topic, Is there any way someone can survive only in money in a particular investment without acquire idea? Because I know that idea and money are very important to investors.

If you have idea on a particular investment, it will help you to follow the straight way that will lead you to some stage that will make you to believe that you are close to your destination of greatness, and if you have money and idea, very easy for you to grow higher in your investment which the two are very important to investors because, you will know the type of business to invest your money which you have the idea that it will bring a good profits to you in the future. Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

Money without a plan is a complete waste of time. How can someone have money and not know what to do with it to keep their money growing? We need to ask those who are successful and still in business about things we don't know about in order to double their incomes. This is, in my opinion, the most important thing to do. I have seen a lot of wealthy people who don't know what kind of business to get into and be increasing their income. You will just be lavishing the money you have without having any plan, no way the person will going to succeed. Some people only think their money is safe with them, they don't believe whatever you tell them, no matter how much advice you give them.

As knowledge truly is wealth, you should educate him further before he decides to invest. Later on, he won't be accusing you for not letting him know more about it, because not everyone can afford to take on the risk of investing in cryptocurrencies.
full member
Activity: 1442
Merit: 116
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Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

I believe ideas and money are very important in investment but besides these two, education/knowledge, flexibility, and discipline are also very important in investment.  With education or enough knowledge on how to realize your idea can make your idea come true.  Flexibility is very important when your idea does not bode well, so you need to have a fail-safe button to save your investment capital.  Discipline, in order to see all things and personal activities, does not affect the idea negatively.

I guess you guys have missed one of the most important factor for your investments to succeed, "Experience". Though not necessarily everyone has to go through enough experience to succeed, but to some who has yet to succeed but thought about quitting, they should study what needs to be learned from those experiences.
With experience you will also develop ideas and knowledge and traits like flexibility, patience, and discipline. It'll also help you build a better chances of succeeding on the next tries.
Investment is one way to achieve success, where it is best if we have the knowledge to place our funds in investments that we can control, because if not, it could be indicated that we will fall into gambling, and that is not good. for example, if we invest in bitcoin, of course we have to know the characteristics of bitcoin and know what we have to do. After that, what we need to complete is experience, so that we can overcome the problems that occur, here psychological factors and logical targets are very dominant.
jr. member
Activity: 366
Merit: 1
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Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
When investing, of course you have to have money for capital. Likewise with ideas which of course are also very necessary so that investment can run well. So if for example one of those two aspects is missing, I don't think the investment will work well.

Because think about it, if you don't have money, how do you invest? Then, for example, if the idea doesn't exist, how can the investment be successful? So in essence these two factors are really needed when starting to invest.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
In some cases, when you have an idea but lack money to push forward your idea to the next level, things may just remain there and die also thesame way, except the person work out extra miles ways to make sure that they make it turns a reality from dream, we need money in life generally, we also have to get that idealogy of sustaining what we have an idea on to make it last and not ended a wasted efforts.
That's true, some people have the idea but lack of money and think that the idea is worth pushing through. They see a good future for their idea, and it is such a waste to let it continue to be an idea without making it a reality.

Some people who have the same scenario as this are looking for those people with money and they ask those people to be an investor in their idea/project to have enough funds to initiate. This would be the best option instead of putting it to waste or waiting until the time you have made enough money to start the project.
This is quite a good option but did you know that if you convince others to invest in your idea and later on fails, then you will be held responsible for that. That is why others still hesitate to adopt that because they already see it coming. Lucky are those who were not blamed, but instead those investors chose to revise the idea and make it work.

It's a great advantage if you have both the idea and money because you can easily proceed to your plan and start the process. While it's a great challenge for those who still have to earn their money to make the plan work, but gain more satisfying results when you overcome your financial hardship and still make the investment work and succeed.
Gathering investors for your business idea means that you are offering a part of ownership to the business idea. If the business does not succeed, you're not responsible for paying back the amount of all the investors. Before the investors become part of this specific business plan, they already know the risk of investing in a newly launched business.

In some cases, what you have stated is also possible. Only if it is part of the agreement between the business plan owner and investors. They can come up with a negotiation to consider the amount required to return in case the business fails.
hero member
Activity: 2814
Merit: 553
Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

I believe ideas and money are very important in investment but besides these two, education/knowledge, flexibility, and discipline are also very important in investment.  With education or enough knowledge on how to realize your idea can make your idea come true.  Flexibility is very important when your idea does not bode well, so you need to have a fail-safe button to save your investment capital.  Discipline, in order to see all things and personal activities, does not affect the idea negatively.

I guess you guys have missed one of the most important factor for your investments to succeed, "Experience". Though not necessarily everyone has to go through enough experience to succeed, but to some who has yet to succeed but thought about quitting, they should study what needs to be learned from those experiences.
With experience you will also develop ideas and knowledge and traits like flexibility, patience, and discipline. It'll also help you build a better chances of succeeding on the next tries.
sr. member
Activity: 812
Merit: 252
I believe ideas and money are very important in investment but besides these two, education/knowledge, flexibility, and discipline are also very important in investment.  With education or enough knowledge on how to realize your idea can make your idea come true.  Flexibility is very important when your idea does not bode well, so you need to have a fail-safe button to save your investment capital.  Discipline, in order to see all things and personal activities, does not affect the idea negatively.
By having a good idea for a business, they already have good knowledge of the business that will be built. Without having good knowledge, of course they will not have an idea for the business they will build. It is important for us to be able to deal with it in order to ensure that the business we are running does not stop and experience losses from the business.

If we want the business we are building to run well, of course we have to prepare many things for the business we are going to build and we also have to be consistent in implementing the business idea we have prepared.
legendary
Activity: 3052
Merit: 1281
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Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.

I believe ideas and money are very important in investment but besides these two, education/knowledge, flexibility, and discipline are also very important in investment.  With education or enough knowledge on how to realize your idea can make your idea come true.  Flexibility is very important when your idea does not bode well, so you need to have a fail-safe button to save your investment capital.  Discipline, in order to see all things and personal activities, does not affect the idea negatively.
legendary
Activity: 3108
Merit: 1290
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In some cases, when you have an idea but lack money to push forward your idea to the next level, things may just remain there and die also thesame way, except the person work out extra miles ways to make sure that they make it turns a reality from dream, we need money in life generally, we also have to get that idealogy of sustaining what we have an idea on to make it last and not ended a wasted efforts.
That's true, some people have the idea but lack of money and think that the idea is worth pushing through. They see a good future for their idea, and it is such a waste to let it continue to be an idea without making it a reality.

Some people who have the same scenario as this are looking for those people with money and they ask those people to be an investor in their idea/project to have enough funds to initiate. This would be the best option instead of putting it to waste or waiting until the time you have made enough money to start the project.
This is quite a good option but did you know that if you convince others to invest in your idea and later on fails, then you will be held responsible for that. That is why others still hesitate to adopt that because they already see it coming. Lucky are those who were not blamed, but instead those investors chose to revise the idea and make it work.

It's a great advantage if you have both the idea and money because you can easily proceed to your plan and start the process. While it's a great challenge for those who still have to earn their money to make the plan work, but gain more satisfying results when you overcome your financial hardship and still make the investment work and succeed.
hero member
Activity: 2338
Merit: 517
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You can't invest if you have money but you can make money if you have an idea that you can use to generate money.
It's not all that will have an effective idea that will make them money. But someone who has money and don't have a good idea, can invest.

Crowdfunding seems to be the right choice, when we have the idea and lack fund for implementation. Idea and money are equally important, but the big money out of the idea on success goes into the pockets of the investor. This is how investors create fund and keep investing on new ideas..
It's easy to think of crowdfunding but thinking on how to attract the investors there, you really must be good in sales pitching.
hero member
Activity: 2310
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In some cases, when you have an idea but lack money to push forward your idea to the next level, things may just remain there and die also thesame way, except the person work out extra miles ways to make sure that they make it turns a reality from dream, we need money in life generally, we also have to get that idealogy of sustaining what we have an idea on to make it last and not ended a wasted efforts.
That's true, some people have the idea but lack of money and think that the idea is worth pushing through. They see a good future for their idea, and it is such a waste to let it continue to be an idea without making it a reality.

Some people who have the same scenario as this are looking for those people with money and they ask those people to be an investor in their idea/project to have enough funds to initiate. This would be the best option instead of putting it to waste or waiting until the time you have made enough money to start the project.
Same time not every idea gets recognised or reaches the right person. When we have the idea and money we'll have the free mind to think and work further, whereas the idea being funded by an investor we'll be in pressure as the idea shouldn't fail as well as it shouldn't cause loss to the investors.

Crowdfunding seems to be the right choice, when we have the idea and lack fund for implementation. Idea and money are equally important, but the big money out of the idea on success goes into the pockets of the investor. This is how investors create fund and keep investing on new ideas..
sr. member
Activity: 1008
Merit: 366
Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
Idea or vision is the one thing that you need to have if you want to become a successful investor. You are on your own when you are investing. No one is going to take a part in your success or failure. So you need to have a good understanding of what you are trying to do. If not, then you can't become successful. Even if you are just putting money into someone else's business, that business itself is built upon ideas.

You can also sell ideas to earn money. But that's not what success looks like. You need money with an idea if you want to become successful.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
In some cases, when you have an idea but lack money to push forward your idea to the next level, things may just remain there and die also thesame way, except the person work out extra miles ways to make sure that they make it turns a reality from dream, we need money in life generally, we also have to get that idealogy of sustaining what we have an idea on to make it last and not ended a wasted efforts.
That's true, some people have the idea but lack of money and think that the idea is worth pushing through. They see a good future for their idea, and it is such a waste to let it continue to be an idea without making it a reality.

Some people who have the same scenario as this are looking for those people with money and they ask those people to be an investor in their idea/project to have enough funds to initiate. This would be the best option instead of putting it to waste or waiting until the time you have made enough money to start the project.
hero member
Activity: 2604
Merit: 816
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Usually, someone who has an idea but doesn't have the money to start it will look for investors who want to invest in the idea they want to carry out. He will convince investors to want to give their money as an investment. If this investor has a strong feeling that the project that person will work on can be successful, he will definitely give his money. But if not, the investor will miss it and ask the person to revise it.

After all, we need money to survive. We can't just rely on that investment if we don't have income. They must have ideas so they can produce to meet their living needs. Meanwhile, he is still carrying out his investments according to his plan. If everything can go well, he can make a profit from his investment.

However, most people who don't have much money will think about meeting their living needs first. He will not think about having investments as long as he still cannot meet his needs. In this case, ideas and money are both important if you want to invest so that it can run well.
sr. member
Activity: 1666
Merit: 426
Both money and ideas are equally important in investment. An idea is like a light, when it's turned off, you're left in darkness with nothing to see. This means that the idea serves as your guide, while money can be compared to tools for executing your idea. However, I think there is still something missing besides the idea.. you need to combine it with planning to know the direction. Because if it's just an idea without planning, it's like a vehicle with lights but you don't know your direction.
There's a lot of stuff that you need to do besides the planning and if I'm being, there's a possibility that listing the stuff that someone should do to be successful in their investment is a topic in itself that can be discussed even further. To me, if you're just investing or just planning to, you need to have the drive and the initiative to invest, what's the point of all of this if there's no initiation that's going to happen, it will all be in the air if it's just idea and planning with no action. You also need people, the right people to make that idea come true because without the right people or just you doing it all, you will probably have a hard time getting to a level that you consider yourself to be the most successful.
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