Topic: knowledge and Capital which is Very important in Business or Investment? - page 5. (Read 1152 times)
September 06, 2021, 05:08:15 AM
Both. as an aspiring entrepreneur, I learned how important is your network, it's important to have enough connections in order to succeed, you still need capital to learn how these successful people operate. It's either you do courses or hire someone as a coach. These coaches learn strategic ways to succeed, they spent enough time and energy learning it through experience.
September 04, 2021, 10:16:57 AM
I think that not only knowledge but also capital is very important before making an investment into something. Knowledge is the biggest power. Because if you are not well-informed about an asset in which you are thinking of invest, it is very likely that you can lose a great deal of money. However, if you do a detailed research about the asset, then you will decide more precisely. Even if you are very rich, you can't do much without enough knowledge.
The two things were needed in the right place and time to achieve a successful investment and business. But to be honest there are a lot of businessman and investors that literally came from scratch and broke but they ended up successful because those are people who are willing to learn constantly through out their journey and that makes them a wise investor. Knowledge usually comes first before money but having the two aspect you will easily get your desire investments. Empowering your mind must be on the first thing to set in priority.
September 04, 2021, 12:53:50 AM
We study because we want to be something that interests us and the interest is nothing but our work where we want achieve something and in the process gain money/capital for the same. So knowledge is something we wanna have before we could think of generating some capital. Moreover, based on your skills you earn more or less. For example a research scientist in giant biotech company will always have more gains as compared to someone who has small course based skills working in garage shop (!). I mean this is the reality of current world and I don’t wanna offend by this. Obviously everyone loves what they do. But technically knowledge is seriously important.
September 02, 2021, 02:30:19 PM
Both are important but knowledge is most important because Knowledge is everything. Knowledge has more power than money.knowledge will help you to take good decisions,to implement ,to succeed in business.
Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏
This is a good analogy, knowledge is like a car and money is like the fuel you put into it, a car without any fuel is not going anywhere and the same is true for knowledge, and the fuel without a car will allow you to make a lot of damage to others and to yourself just like it is the case of money when it comes to the markets, both are completely necessary in order to become profitable but knowledge can be enough to still become successful because you could offer your services to other people and earn money that way, something not possible to do with only your money.Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏
You can always use your knowledge to bring in money. If you are good, you can impress people to invest with you. Keeping those believers to earned with your knowledge means that you are also bringing good profits for yourself.
Knowledge can work it out, but it's much easier to deal with any business if you already have the money to begin with. The success and time that you need to spend is more shorter to achieve your goals.
Both are important as long as you know and understand where to use it and how to use it for the best benefits.
September 02, 2021, 02:19:15 PM
Both are important but knowledge is most important because Knowledge is everything. Knowledge has more power than money.knowledge will help you to take good decisions,to implement ,to succeed in business.
Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏
This is a good analogy, knowledge is like a car and money is like the fuel you put into it, a car without any fuel is not going anywhere and the same is true for knowledge, and the fuel without a car will allow you to make a lot of damage to others and to yourself just like it is the case of money when it comes to the markets, both are completely necessary in order to become profitable but knowledge can be enough to still become successful because you could offer your services to other people and earn money that way, something not possible to do with only your money. Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏
September 02, 2021, 11:22:18 AM
I think capital can be accumulated or borrowed, but knowledge must be deep enough to start a business.
I have seen many people get rich from nothing, so don't think much about capital. Try to start little by little, time will help you become stronger.
Agree, deep enough and need to see the vastness of the market, instead of putting in a narrow mindset and rejecting it from the first few frictions but start-ups should still leave a bit of an optimistic attitude and should not be overly thorough because the obsession with every detail affects a lot of startups, risk aversion is fatal for too many people while they don't realize the success rate is still relative. Insufficient capital can be called for and there are quite a few funding programs for startup ideas, convincing enough will allow successful capital raising. I have seen many people get rich from nothing, so don't think much about capital. Try to start little by little, time will help you become stronger.
September 02, 2021, 11:02:43 AM
I think that not only knowledge but also capital is very important before making an investment into something. Knowledge is the biggest power. Because if you are not well-informed about an asset in which you are thinking of invest, it is very likely that you can lose a great deal of money. However, if you do a detailed research about the asset, then you will decide more precisely. Even if you are very rich, you can't do much without enough knowledge.
September 02, 2021, 10:55:28 AM
Knowledge and Capital will certainly be the most important main factors in running a business, it's useless if we have a lot of capital money but if we don't have enough knowledge then we are like inanimate objects that have no soul because we can decide by ourselves which business is suitable for us do we start, if not directed by others, then knowledge and capital are the most important factors in the business world.
Knowledge and Capital are both important but let me shock you. Knowledge is more important than having capital and that's because it is the fundamental substance to have success in any business or organization and the last time I checked there are some crypto investment companies who are ready to invest in knowledge to create new innovative projects that solve a problem if you have the knowledge to convince them. 
September 02, 2021, 07:49:05 AM
Knowledge and Capital will certainly be the most important main factors in running a business, it's useless if we have a lot of capital money but if we don't have enough knowledge then we are like inanimate objects that have no soul because we can decide by ourselves which business is suitable for us do we start, if not directed by others, then knowledge and capital are the most important factors in the business world.
September 02, 2021, 10:16:25 AM
If you want to do business or investment then you need knowledge about them. Otherwise you will lose your capital. Knowledge is needed. But capital is more important here. Because if you have knowledge about business or investment but if you have no capital then the knowledge is useless for you. You can't do business or investment without capital. Both is needed in their own site. One is other compliments.
September 02, 2021, 10:12:31 AM
I think capital can be accumulated or borrowed, but knowledge must be deep enough to start a business.
I have seen many people get rich from nothing, so don't think much about capital. Try to start little by little, time will help you become stronger.
I have seen many people get rich from nothing, so don't think much about capital. Try to start little by little, time will help you become stronger.
September 02, 2021, 12:03:28 AM
Both are important but knowledge is most important because Knowledge is everything. Knowledge has more power than money.knowledge will help you to take good decisions,to implement ,to succeed in business.
Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏
Whereas money is like fuel and can vanish all the obstacles in between. 🙏🙏
August 15, 2021, 06:59:14 PM
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?
If you have capital, you can outsource the knowledge part so it seems like an easy decision between the two. If you are prepared to move away from the most expensive parts of the country (in richer "developed" places) then it is perfectly possible to live without ever working a day longer if you had $1 million or the equivalent. Just by investing 3/4 of that amount into index funds you could likely live reasonably comfortably without ever burning your initial amount - use that remaining quarter to either buy a small property or use it as a float towards rental expenses. The question really does depend on the definition of capital though, because most people will slowly accrue wealth over time by adding to investments periodically. You can teach yourself the basics at any time, but you definitely need money in order to make money.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?
And I think that CAPITAL is more important and the more, the better 
August 15, 2021, 06:46:54 PM
In my experience, I did some investments and businesses before but those only required little capital but without depth knowledge with it, I've lost them but that's a good experience and I learned from those.
But, in my opinion that cannot a right way to acquire real time experience on investments and businesses. Because, loss is loss; we cannot have any justice for a such lose which happened due to lack of knowledge. Instead of risking small capital to gain knowledge this way, I believe we must dedicate time to learn for depth knowledge which must be the key for successful investments/entrepreneurship.
August 15, 2021, 03:24:11 PM
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?
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?
If you have capital, you can outsource the knowledge part so it seems like an easy decision between the two. If you are prepared to move away from the most expensive parts of the country (in richer "developed" places) then it is perfectly possible to live without ever working a day longer if you had $1 million or the equivalent. Just by investing 3/4 of that amount into index funds you could likely live reasonably comfortably without ever burning your initial amount - use that remaining quarter to either buy a small property or use it as a float towards rental expenses. The question really does depend on the definition of capital though, because most people will slowly accrue wealth over time by adding to investments periodically. You can teach yourself the basics at any time, but you definitely need money in order to make money.
August 15, 2021, 10:49:48 AM
Is it KNOWLEDGE or CAPITAL, or even BOTH?
Both is important, if you have knowledge but don't have capital then you can't open a business or investment and if you have capital but no knowledge at all then don't expect that you will earn or your business to grow so don't choose between the two since you both need it.
August 15, 2021, 10:21:03 AM
The two must be completely balanced. Capital is very important for an investment but knowledge is much more important. If we have enough knowledge to invest, I think even a small capital will grow into a big one. and conversely those who have big midal without their knowledge will slowly lose their money.
Yeah, balanced things are key everywhere to be successful. There are lots of factors that we need to consider while investing and getting into a business and when we are having through knowledge and good capital to cover basics of business requirements then we can easily manage business and investments into profitable one. I cannot imagine managing all without having knowledge or capital.Out of these two, I vote for knowledge to be more important because for well managing, we first need good knowledge and then to run smooth we must need capital. Anyway in common sense, we need both and in good levels.
August 15, 2021, 12:17:42 AM
In my experience, I did some investments and businesses before but those only required little capital but without depth knowledge with it, I've lost them but that's a good experience and I learned from those.
But, in my opinion that cannot a right way to acquire real time experience on investments and businesses. Because, loss is loss; we cannot have any justice for a such lose which happened due to lack of knowledge. Instead of risking small capital to gain knowledge this way, I believe we must dedicate time to learn for depth knowledge which must be the key for successful investments/entrepreneurship.the knowledge possessed when not accompanied by sufficient capital will make it tasteless and it will be difficult to make a profit.
Sufficient capital must be more important, I agree. But, the knowledge on any real time experience is also more important to avoid future mistakes and to be more careful for profitable investments and business. August 14, 2021, 04:32:54 AM
Both, as usual, you cannot start a business if you don't have capital. And you're just wasting your money if you're going to start without the proper knowledge with the business or investment that you're going to try and chip in. That's the basic thing that an investor should do, you need to know what you're investing in or starting as a business. In my experience, I did some investments and businesses before but those only required little capital but without depth knowledge with it, I've lost them but that's a good experience and I learned from those.
August 14, 2021, 04:28:28 AM
can not be separated because I think both have useful and influential benefits for an investor.
how can this be separated if someone only uses capital and without sufficient knowledge in this matter I think they are just wasting money even though for now many people are giving predictions or directions to buy a certain coin but it is not a good choice because it can they just fell into the hype and fomo due to their ignorance.
On the other hand, the knowledge possessed when not accompanied by sufficient capital will make it tasteless and it will be difficult to make a profit.
how can this be separated if someone only uses capital and without sufficient knowledge in this matter I think they are just wasting money even though for now many people are giving predictions or directions to buy a certain coin but it is not a good choice because it can they just fell into the hype and fomo due to their ignorance.
On the other hand, the knowledge possessed when not accompanied by sufficient capital will make it tasteless and it will be difficult to make a profit.
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