Topic: Idea and money are very important to investment. - page 11. (Read 2020 times)

In any sort of business or investment, there should be a solid plan from the beginning. You should be gifted with brilliant ideas as that is very vital to come up with a good and profitable business. Once the idea is fixed, then prepare a sufficient amount of capital that will cater to the needs to start a business or investment. These two factors could attribute to the future success of a business or investment.

While money and idea are essential to start a business, I believe skills and experience as well are vital for the success of such business or investment. Although it could be learned in time, but having a skill at first will create an edge to the success of such business.

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.

There's no such thing about balance into this world and we do know that there are really people who do have the money but dont have sufficient or enough ideas on dealing up with things specially on investment,
same goes into those people who do have that huge or tons of ideas but they do lack of capital and this is indeed the fact or reality of this world when it comes to financial capacity and having to those good ideas.
This is why if you are that someone who doesnt have the capital but have those ideas, then it would really be that wise that you should really be making out steps that will make you have be able to make those
capital and start up right away. If you are someone who does have a capital but dont have good ideas then making some research would be the key.

There are many people who has money to start a business or engage to an investment, same with people who have unique ideas but are lacking resources to make it happen. A combination of two would be best and to complete its execution then there should be knowledge and not idea alone. This is where most of us are falling; we tend to undergo process of learning before application. Knowledge will link both idea and financial capacity to execute things and generate profit.
Indeed a process and that includes trial and errors, endless testing, an ocean of information and more. Proof to this are instances wherein celebrities are starting their business but end up closing their lines because sustainability of it is an issue. This is where knowledge of handling things would matter most.

No matter how much money you have, going into an investment you have no idea about is silly. You might get lucky and pick the right investment but it won't happen very often. Most of the time, it would end badly. It's not compulsory you must know the nitty gritty of the investment, but be able to understand how it works and understand all the basics.
Going into an investment without having an idea is like going into a business where you have no idea. You will most definitely fail in that business. Even people with knowledge of that business fail.
If you're introduced into an investment, don't just take the words of whoever is pitching tge investmet to you. Take your time, research, learn, ask questions and be sure of what you're doing before putting your money into it.

Ideas are free but I think it is also possible for it to become paid. You know when we hire people to help us brainstorm an idea. Now if we want to make our idea a reality. This is how the real game starts. This is where we need money to buy a material, to pay for the promotions, and do other stuffs... . The third thing that you said is true and is mostly happening here in the crypto world.

We often see people here who sell the other people an idea. They do a crowdfunding to have a capital and create the token of their dreams which will be initially given as a form of payment to their investors. Once it became a success, the investors can benefit more in the token that they have received.

Those of you who do this should find a way of resisting that urge in public. It's not to your advantage. It's just an ego thing people do to show they're woke and have the air of knowing something different most people don't know. That singular act of checking one's portfolio in public glare jeopardizes one's safety because you don't know who's looking. We've so many criminals lurking around and the country isn't as safe as it used to be any more. For your safety, resist that temptation. People think anyone who's into cryptos is hodling Bitcoin and are rich whereas many of us don't even have ¼ BTC in all we've. Some don't even have BTC at all.

You are asking if you can still survive in the world of investing just having lots of money, and without any knowledge whatsoever.
Hell NO!!!!!

I can have a billion dollars, and I want to invest it. Where will I invest it? That's the first question that will come to my mind. How can I know which asset will I put my money with if I don't have any knowledge of any single one of them at all? Do you think that any rich people out there will just throw their money, and invest it there? Of course not, successful people always learn the thing that they want to focus on. Successful businessmen learned the things that they needed to become a successful one. Same with investing. For you to be a successful one, you need to learn everything about the type of investment you are investing your money in.

Ideas and money are 2 big factors when it comes to investing, and it's impossible to only have one of them. Ideas are useless if you don't have any money at all to invest with, and at the same time, having money but no ideas at all isn't good either. If you want to be a successful one, you must have both of them.

With the current situation, it's difficult for everyone to earn money, even if they have a job but sometimes they are still lacking economically. Also money is a common problem for everyone nowadays, because it's not as easy as plucking a leaf off a tree. You are right, knowledge can be sought anywhere, especially now that technology is developing, making it easier for us to access everything with the internet. But if it's about money that plays a role for capital it is very difficult, it is not easy to get money to make capital at the beginning.
So it is indeed money that has an important role in this problem. Because if there is no money we can't do it, investment also involves money as its main role, how to make a profit without money? Of course, everything that will generate profits must begin with capital where this capital is mostly money.

What you should understand is that there are lots of investment opportunity that are present both online and in our physical environment and the one we choose to venture into mostly depend on the one we are knowledgeable about and also comfortable with. Of course you can't invest with just idea and so you will need  some funds to even think on making successful investment.

Generally, no matter how brilliant your idea is, your fund remains the major fuel that will determine if you will bring the idea to realty or not. There are lots of people that have brilliant business ideas that never came to light because they don't have the needed funds to executing it.

For me I think the major thing you need to successfully make a profitable investment or venture into a successful business is first the knowledge of the business, then the right connection/ community, then the resource, either financial or gadget, and of course you need to be determined and out in thee effort to ensuring that you follow up on the investment opportunity to tye latter.

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.

In my opinion, if we want to open a business, we should be ready for what will happen. Including with competition, with many rivals should not make us end the business we have. But we should have ideas on how the business we run can be superior to the others. Many ways can be done if our brains are running well, for example by marketing, or providing promos. However, I don't advise those who already have a business to end it because they lost the competition. Can that be called cowardice? It is very unfortunate if they have opened a business but closed it because they lost the competition. Basically, everyone wants success, and there are many things to go through to get to that point of success. If our business loses competitiveness, do we have to close it? I don't think so, if we have good thinking as much as possible we have to maintain the business we have and also have to develop the business that is running.

Efforts that are done with absolutely no way will not produce something good. Don't give up easily in doing something, just believe that effort will not betray the results. If only by losing competitiveness makes us close the business that has been run, I think it's better from the start not to open a business. People who open a business should have thought of everything from the beginning, about the benefits and risks involved.

That's right, the three things you mentioned will be interrelated and cannot be separated and also as you said that it cannot be said that one is more important than the other. Starting from the idea and after that starting a plan to organize so that the ideas you have can be arranged properly and directed and after that what will be the real driver is to use money, doesn't it make sense if we want to build something whether it's a business or start investing but only have ideas and plans without any action? and I say it's nothing more than a delusion.

Yes, the economic situation is not good, let alone finding money to start investing, sometimes just for living expenses is quite difficult, on the other hand if you have the ability in terms of money then obviously you just have to start what you have planned, and for those who do not have good financial capabilities I think there are still several other ways they can make a solution or alternative, and there are quite a lot of services that provide loans, and maybe the difference is that with borrowed funds maybe you will feel a little different pressure, because obviously if you fail in the investment journey that you want to do then the risk is that you have to return your borrowed money at all costs, of course it can be a pressure. And I think if you want to borrow then that means you have to prepare a very good plan as a result of very careful consideration, at least to anticipate the risk of failure so that it is not too potential.

There are many people who don't have the ideas and money to build a business because the life they are currently living is so difficult. Not everyone can run a business because developing a business isn't just about ideas and money. Just look at how many people have money and ideas when building a business but competition means they have to close the business because it is not growing. If someone only has ideas and money to build a business, it doesn't necessarily mean it can develop because as I said, competition often makes people unable to adapt.

If we have the money to run a business, then first make a survey to find out what business is suitable for us to develop, because not all businesses are suitable to be developed in one place, not to mention talking about competition with other people. The market needs for the business we are developing are necessary because when we know we will easily reach the market in marketing the products we sell.

When there are two things that must be considered important to use in a particular investment or business that we have mastered, then we need to see which one is the most difficult to obtain so that we can prioritize the more difficult one first rather than the easier one. For example, money cannot be obtained more easily in every situation, so it would not be wrong for anyone to prioritize money before ideas, because ideas can be sought after we have enough money to run the investment or business we want.

Likewise, as you said, when we have enough money for business or other investments that require employees or other people as workers. I think that's also good as long as the size of the business is large and the profits are large enough so that it can pay several other employees that we use to run the business that we open. But we also have to have our own ideas for this, even though we are looking for employees who already have a lot of experience in business or have lots of ideas for running a business.

Getting capital to build a business is not an easy thing to get, because it requires a large amount of capital to be able to build a business so that it can run well, we need a good idea for the business we are going to build if we want the business we are building to grow. well, because if we have a business idea that is not popular with many people then it will be very difficult for the business we build to run well.
It is true that we can learn knowledge anywhere, but we also need capital to be able to go to our place to learn and find good ideas.

But without money, how can you invest and promote your ideas? I think ideas, plans, money, all are equally important, one cannot say one is more important than the other. Furthermore, money is a difficult problem for most people because nowadays money is not easy to earn, while ideas and plans we only need to spend a little time to implement. I still find the money factor really important and a problem for many investors today. We can learn knowledge anywhere and it is not difficult to find it, but capital to invest is a more complicated issue.

Having the two in will come in handy for you when going into an investment. You will be able to know the strategies, method and plans to employ for the business to grow. Not everyone that has money can prosper in business and not everyone that has ideas will still proper. Only a few people have prosper having just one of this two main things at hand when starting the investment. Most times, the already wealthy ones don’t need to have an idea about an investment, they just give the money to people that will make it happen, they do management and bring profits back to them. That’s the advantage of having money over anything today.

Of course, everything that leads to investment must involve money because it is the main actor in investment, if not with money it is impossible to invest. For someone who wants to invest, they can take lessons from experienced people to avoid the risks that will occur, by learning every aspect related to investment so that it can benefit in the future. Also, as you said, we need a picture or idea to make an investment because at least we must have a definite goal in making an investment.

Investing wisely is something that must be done by everyone who starts their investment, because if they don't do it wisely it will certainly harm them as well as it can be said to be a waste of their money.  So it's best to learn the aspects related to investment so as not to take the wrong step So ideas and money cannot be separated in terms of investment, these two things have an important relationship in investment.

You have ideas and money, but don't have knowledge about investment, it's the same as it won't work perfectly as expected. Ideas, money and knowledge must go together to achieve investment goals. Having a lot of money is good luck in a person's life, but if you don't have ideas and knowledge on how to develop that money, then the money you have will run out over time.

Knowledge is the main basis for investment, you can easily grow your money with the various investments you choose. Crypto investment is currently in great demand among the public, those who already have the knowledge can invest easily, while those who are not yet equipped with the knowledge will have difficulty taking the first step.