knowledge and Capital which is Very important in Business or Investment? - page 2.

maju69

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Quote from: LUCKMCFLY on September 27, 2021, 12:27:38 PM

Quote from: Barinekapaul on July 23, 2021, 02:49:31 AM

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

I think that to start any business, company or something similar you always need to have capital, in fact, you can also start without capital with entrepreneurship and your own effort either in sales or any type of business, however from the point of view of Business view at the moment that we are, I do not see a good idea to establish some type of company, what if I see it necessary is to have some capital for any type of Investment, either for crypto, for real estate, among others.

For now, the way to make wealth is difficult, investment can occur in Crypto in the long term and that by investing in BTC with the option that is bought and then waiting for a target of at least $ 100k, many are waiting for that target and surely there will be many new millionaires.
And the most important thing for me, before having the capital is knowledge, because knowing how to find the best investment is a guarantee that the money will grow as time goes by.

More precisely, knowledge and capital complement each other to really build a business, good financial management, choosing professional workers and building strategic places are also very important. All really complement each other. However, all elements can support success in building a business regardless of the name of the business.

Hamphser

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Quote from: Sanugarid on October 02, 2021, 05:25:35 PM

Quote from: Barinekapaul on July 23, 2021, 02:49:31 AM

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Every investment or business needs capital to operate, but what the person needs more is the knowledge of how to properly run the business or make a profit out of your investment. Knowledge includes risk management because if you just put your money into something you don't fully understand and without a plan, you're more likely to suffer losses than winning. If you don't have a plan, you're planning to lose. So always keep in mind that to be successful you need to invest in knowledge first.

You cant able to move if you dont have sufficient capital because you are dealing with the market which simply means that you would need money for you to move and of course it should be accompanied with knowledge

and skills for you to sustain or to be effective because if you dont have this thing then you would just basically wasting up the money that you had risked on.You wouldnt able to tell if you dont able to experience

on how unpredictable this market is and no how you should treat it that seriously.You would need that knowledge for you on having at least to sustain.

batang_bitcoin

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Capital without knowledge won't work. It will give you an experience of failure and you'll learn from that.
Having knowledge without capital can work because you'll have the idea of how to do business and investments and as well as making money out of nothing as a start.
But it's best if you have these two and you can work well to grow your money from being knowledgeable with investments and businesses.

Sanugarid

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Quote from: Barinekapaul on July 23, 2021, 02:49:31 AM

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Every investment or business needs capital to operate, but what the person needs more is the knowledge of how to properly run the business or make a profit out of your investment. Knowledge includes risk management because if you just put your money into something you don't fully understand and without a plan, you're more likely to suffer losses than winning. If you don't have a plan, you're planning to lose. So always keep in mind that to be successful you need to invest in knowledge first.

xSkylarx

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Quote from: Wendy Simth on September 27, 2021, 12:07:37 AM

Investment is a battle, a game, testing your psychological endurance, your judgment, your courage, your vulnerability and tenacity, as well as the luck given to you by God.

Agree it is really about psychological matter since you are really stresses watching your investment if it is working or not, growing or lossing , it is like the in crypto which you are holding a coin in a period of time but over the time you keep watching the price and how much you gain. It is really a stressful but in the end it is still fruitful if you earn big from it

LUCKMCFLY

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Quote from: Barinekapaul on July 23, 2021, 02:49:31 AM

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

I think that to start any business, company or something similar you always need to have capital, in fact, you can also start without capital with entrepreneurship and your own effort either in sales or any type of business, however from the point of view of Business view at the moment that we are, I do not see a good idea to establish some type of company, what if I see it necessary is to have some capital for any type of Investment, either for crypto, for real estate, among others.

For now, the way to make wealth is difficult, investment can occur in Crypto in the long term and that by investing in BTC with the option that is bought and then waiting for a target of at least $ 100k, many are waiting for that target and surely there will be many new millionaires.
And the most important thing for me, before having the capital is knowledge, because knowing how to find the best investment is a guarantee that the money will grow as time goes by.

Hyperechos

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A good idea is the prerequisite and guarantee for the success of a business. A good idea determines whether your product or service has a market and whether it is irreplaceable, thereby occupying its own market and space and making money in society. The lack of capital is only temporary. Without knowledge reserves as the basis for innovation, it is impossible to make long-term profits. I think knowledge is more important than capital.

lovemycar

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Quote from: Haunebu on July 23, 2021, 03:15:27 PM

Knowledge and capital matter a lot, but you are forgetting another crucial factor which is luck. No amount of luck and knowledge can help you achieve success if luck eludes you.

Personally, I feel that luck is the most important factor followed by knowledge followed by capital. Why? Because it's possible to earn huge amounts through small amounts as long as you are smart and luck should favor you.

Gambling Example: Winning an accumulator or parlay can help you earn huge amounts by risking small amounts.

My idea is very simple. Do a good job in position management and investment planning. Of course, the premise is to hold it for a long time without affecting my life.

Cindella

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Knowledge can help find goals and directions, and do more correct things. When sufficient knowledge reserves are available, suitable investment projects can be analyzed and found and appropriate strategies can be formulated to maintain long-term profits.
Capital influences whether investment can be started, and it can also bring economic support. The more money invested, the more profits can be made.

patientforzhou

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Compared with capital, I think knowledge is more important. For a person who does not have a certain knowledge reserve, maybe he can make money by luck, but due to lack of strength, he will be harvested by the market. People with knowledge will have a more stable job and a more stable cash flow to support investment, and their wealth will continue to increase in the long run. In the past year, I have seen countless people making money in altcoins like shib, but facing huge losses because they want to buy the next skyrocketing currency.

Wendy Simth

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Investment is a battle, a game, testing your psychological endurance, your judgment, your courage, your vulnerability and tenacity, as well as the luck given to you by God.

Levero

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Knowledge is the foundation. Before investing, you must understand relevant industry information and have a lot of relevant knowledge in order to have a clear goal to choose a suitable project. Although some investors have a large capital base, due to lack of knowledge and experience, over time, capital will gradually decrease and even economic losses will occur.

herurist

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Quote from: molsewid on September 17, 2021, 01:05:05 AM

Quote from: South Park on September 16, 2021, 05:10:42 PM

And I disagree, it matters and it matters a lot, if you have a capital of 100 dollars and another trader has a capital of one million if you both make the same trade and you earn 1% you only earned one dollar while the other trader earned 10k, that is a massive difference in the outcomes, which means that your starting capital can be a huge factor when determining your success, obviously it is not everything as you still need the right knowledge but without it you cannot make any significant amount of money.

The more an aspirant businessman have an adequate of principal amount to start his business it would be a lot easier for him to put it's dream into a reality but of course let's not make the knowledge here less important because the two are the most important thing in starting up a business. But I do believe that knowledge comes first because it's an important aspect to be able to make a successful business or investment. Knowledge became the essential in investment and business because your knowledge will make a risk more tolerable.

What you say is true because we really need money to get more money. I try not to believe it, but the longer and more advanced and sophisticated technology becomes, the more it feels, because indeed from the smallest one now definitely requires a bait with money to smooth things out and bring in more money.
not only in investment but in all branches based on finance. even in my country nowadays it's no secret anymore when looking for a job but we have to give money first to make the job smooth and to quickly find a job.
and when the money we use works as it should, this is where knowledge and knowledge are used so that the money we spend as capital is not in vain.
so, knowledge and capital is one system that must be maintained and may not be separated from one another here.

verita1

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Of course, knowledge and capital is necessary to make an investment. Many times we observe businesses that go bankrupt because the business owner has no knowledge as administering it.

Knowledge is necessary to manage a business, skills are also important whatever we dedicate ourselves.

I remember once my sister opened a hairdresser and she is not a hairdresser in less than three months she sold the hairdresser because she realized that she could not manage that business. As far as capital is concerned if we love the work we do we can make it grow.

jostorres

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Quote from: jinneas on September 24, 2021, 09:51:45 PM

Both have very important roles in investment. You cannot start investing without capital, and you cannot make a lot of profits.

It is difficult to invest successfully with capital alone without knowledge. Knowledge is the foundation of successful investment. With sufficient encryption knowledge, even if you start with a small amount of capital, the correct investment strategy will help you get more income and generate a lot of money.

Yeah, both feats are equally important. You can’t have knowledge and not have capital, same thing goes the other way round. I have seen a lot of people who have good ideas in business, but due to capital their unable to start off with your ideas and it end up dying just like that.

So, capitalize important in the sense that it is what you need to start up with your idea. Then I have seen people who have the capital but due to the fact that they don’t have any knowledge at all, they start up a business and eventually the business dies after a short time, because they don’t have the knowledge that is required to keep it going. And at the end these people end up losing their capital. So both has to be there, capital and knowledge.

jinneas

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Both have very important roles in investment. You cannot start investing without capital, and you cannot make a lot of profits.

It is difficult to invest successfully with capital alone without knowledge. Knowledge is the foundation of successful investment. With sufficient encryption knowledge, even if you start with a small amount of capital, the correct investment strategy will help you get more income and generate a lot of money.

Sayeds56

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Quote from: Barinekapaul on July 23, 2021, 02:49:31 AM

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

Both are important. In fact Business is the marriage of Capital and Technology. Having said that, the devotion/dedication and a burning desire to take the business to success of the team is also important for the Business . For investment, your in depth research of Market is also important because the product which you are planning to produce or trade should have buyers to maintain the cash flow of Business.

King Khaizan

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Capital is an important basis in business. Like a house, capital is the initial foundation that will strengthen and support the development of a business on it as a house.

To make it easier for us to recognize it, capital in entrepreneurship is divided into two types, namely tangible or tangible capital which we usually know as real assets in the form of money, and intangible capital, namely intangible capital such as mindset.

Mackenzie87

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Knowledge will definitely be more important than capital. In terms of investment, you must have one of the two. Otherwise, how to make the right choice without understanding the market at all. However, knowledge is relatively more important than capital. Otherwise, investing large sums of money will still be Loss, so I personally value knowledge more. Funds can be obtained through knowledge.

EewardDean

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Quote from: Barinekapaul on July 23, 2021, 02:49:31 AM

I have heard a lot of people talk about success and almost all of us are chasing after it, with the intention of making it right.
Most of us also want to venture into them without getting the rudiment and fundamentals of the business and investments before engaging in them. So a factor or several factors are been considered before and for a more renounced performance called (Success), so what is most important to an individual, company, or organization to consider before investing to attain the desired height of success?

Is it KNOWLEDGE or CAPITAL, or even BOTH?

These two choices are both successful capitals, and they are both very important for investment. If you have both of them, you will naturally avoid many wrong roads on the road of investment. If there is no innate choice in capital Advantages, relying on later efforts also need a knowledge basis to make oneself earn more wealth.

Topic: knowledge and Capital which is Very important in Business or Investment? - page 2. (Read 1152 times)