Pages:
Author

Topic: knowledge and Capital which is Very important in Business or Investment? - page 6. (Read 1092 times)

legendary
Activity: 3388
Merit: 1943
Leading Crypto Sports Betting & Casino Platform
I think it is a combination of a little bit of luck and some startup capital to kick start the business venture and then a whole lot of knowledge to do it successfully. You can have a shitload of money and zero knowledge and your business can fail, because you have to apply the knowledge to run the business.

This is why I say, do proper research and gain some experience ...before you invest in anything... and then hope with a little bit of luck, that your timing is spot on to grab that market.  Wink
full member
Activity: 1498
Merit: 146
Knowledge is important than anything because there are lot of people made million dollar business with no capital or from few hundreds but anything need time to grow while Millennials looking for instant profits which made them to be on the loser side most of the time.
member
Activity: 168
Merit: 19
The right knowledge is more important. That should help you easily source for capital for your desired business.  If you want to do what is right, you need our CREATOR by your side always to protect and bless you with all things you'll need for the success of your business.
If you are doing it by your own power there is a point when you'll need to play by "their own rules" else they make things difficult for you.

So, what I need first is the right knowledge, capital will come when I'm ready for business.
If you only have knowledge and no funds, when you want to start a business, you have no start-up funds and you can only work slowly.
When those with capital make more money, you can only follow those with capital.
Of course, people with capital may waste money in their hands because they have no knowledge.
Networking is also very important. Capitalists can easily accumulate connections. Knowledge can only be achieved by accumulating.
But in general, people with capital are generally knowledgeable. People with knowledge will eventually develop into people with capital.
full member
Activity: 1190
Merit: 108
Both are very important and will complement each other, running capital without knowledge is the same as dragging us down, also having knowledge without having capital is a lie, so I think the two think must be compatible and go hand in hand.
Having no capital will hinder our steps and not be able to carry out our ideas. But from these two things, I think we must have knowledge before we have capital, at least our first step will be safely guided by the knowledge we have, and the next is how we develop based on our knowledge.
legendary
Activity: 2646
Merit: 1090
Leading Crypto Sports Betting & Casino Platform
Both i think, with knowledge we know and can pick what trading style that fit for us and capital can help us with anything. We can split our capital if it is really big and made a back up with it. No one know what will really happen to market and know the risk which is we get from knowledge will help and other capital as back up can help us too.
full member
Activity: 1708
Merit: 126
As for me, it's the knowledge that is more important because capital would be nothing if we don't know anything about the business or investing that we're joining. Knowledge is the most powerful weapon that we could have so we'll deal with the risks of business or investment. If we're knowledgeable of something, then earning to have enough capital would be easier.
legendary
Activity: 3066
Merit: 1168
Knowledge is more important, and many proletarian leaps are inseparable from their own knowledge

Many families have accumulated wealth for generations. If the next generation wants to keep their wealth, creating more wealth also requires a more solid knowledge system.

Knowledge itself has its appeal. This is a great cosmic law, which cannot be changed.

Similar to what I am thinking, with the knowledge you can make something even from almost nothing, you can find a way. Capital without knowledge will just be lost/spent. The same is with power, powerful people are rich, but not all rich people are powerful!
One thing is sure, we don't have the same starting position! Each of us starts with something, we learn and upgrade our knowledge (if there's a will and wish for that), we learn how to grow our capital and to make the best from what we have! It's a process for each of us, and that process is different for all of us!
member
Activity: 78
Merit: 24
Knowledge is more important, and many proletarian leaps are inseparable from their own knowledge

Many families have accumulated wealth for generations. If the next generation wants to keep their wealth, creating more wealth also requires a more solid knowledge system.

Knowledge itself has its appeal. This is a great cosmic law, which cannot be changed.
legendary
Activity: 2408
Merit: 1034
Chancellor on brink of second bailout for banks
If you want to be successful in every business ventures that you will make or in any investment that you will do, these 2 things are the most important things that you must have before entering.
However, if I will choose one of them I will go with Knowledge.

If you have the knowledge, you have the capabilities to be a successful one. We know many successful people right now who started from the bottom and they don't have any money or that much money to start but because they have knowledge, they have given opportunities and they became successful in the end.

Overall, both are important. Knowledge with capital is a perfect recipe for a successful business or in your investment Smiley.
full member
Activity: 952
Merit: 137
Is it KNOWLEDGE or CAPITAL, or even BOTH?
the majority answer both....both are very sensitive, less one then the business or investment is not balanced.  my economics teacher once said if i had a lot of capital then i would open a business, until his old age he kept thinking about opening a business but it never materialized because of capital, i think it's him who is wrong because he doesn't dare to take risks.
sr. member
Activity: 1330
Merit: 289
Lack of proper money management skills will propel you into abject poverty which is as a result of lack of knowledge. You can have all the knowledge in the world and still not be able to invest which is lack of money. Both are preferential and important in an investment circus. None of them is more valuable than the other. They work hand in hand.
full member
Activity: 257
Merit: 102
Of course both are important to be successful in business or investment they are both needed. They always works side by side. It was like the knowledge will tell what to do and the capital will execute it.
Your business will surely fall if you don't have knowledge as well as capital.
Most people who are successful in either business or investment it is because they know how to use and utilized both.
hero member
Activity: 2478
Merit: 586
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?
Success always not depending on only one factor. In this highly competitive world, we must need more than one support to stay ahead hence both knowledge and capital are important but in my opinion these two are just basic requirements and beyond these basics, we must need lots of other factors also should be in our favor so that we may remain successful forever.

Without knowledge, I might have not got into bitcoin and even I have come to know about bitcoins, if I did not have good capital then I could not have enjoyed good profits from bitcoin; this is just an example how bitcoin investment as well requires both knowledge and capital.
full member
Activity: 2338
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
The most Important in the whole world is Knowledge. Without Knowledge there is no improvement therefore money is useless.


Knowledge will not come Cheap and Free anymore !
wrong mate because knowledge is free , but all you need to do is seek and learn .. though School education is expensive yet self study is free specially now that internet is all over the place and every details that we need can be provided in a matter of seconds.
so you only need to study and learn then use the knowledge as capital , offer service or other skills that can be paid and convert it to crypto investment.yeah it will take time but after it will be beneficial and worth a wait.
legendary
Activity: 2450
Merit: 1322
We know that both are important but if I had to choose only one I would prefer to have knowledge over capital and the reason for that is that you could always get capital in the future and then you could begin to trade the markets, and even if that is not possible for you, you could always demonstrate your knowledge to other people and then begin to manage their money on your own and charge them a fee for the privilege, so while you are not going to be making a fortune at least you'll still be able to obtain profits without your own capital.

I agree both knowledge and capital are two important things to have when it comes to investing, but sometimes we only have one of them.
If we only have knowledge without capital, it is still possible to succeed, because we can use other people's money or borrowed money to invest.
But if only have capital without knowledge, this is more dangerous because the capital used can run out, we will make wrong decisions if we do not
have knowledge. Therefore I agree with you that knowledge is much more important than capital when we are going to invest.
Some people could counter that argument by saying that if you have money then you could always hire the best money manager out there, but there is a problem with that and that is that you are not going to have the knowledge to know which one is the best option for you, after all we know that there are many scammers out there and people that think that they can beat the markets but this is not the case at all, so a person with a lot of capital but without knowledge has a very high chance of losing their money, which is why knowledge is in my opinion more critical for your success than your money.
sr. member
Activity: 1056
Merit: 251
Knowledge and experience are primarily.
You can lose everything, go bankrupt because of your mistakes, but if you could earn money once, you can do it even if you do not give up.
If you have money, but there is no knowledge, you can easily make mistakes and pump bad decisions, which will only lead to the loss of funds and accumulation of knowledge.
legendary
Activity: 2226
Merit: 2988
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?

This question is not even up for debate.  As a licensed financial advisor I can tell you that if you don't have knowledge about something you're investing in, than you're committing one of the most basic investment 101 mistakes.  ALWAYS do your homework before investing in something.  Take the time to sit down and really look over things, otherwise you may get lucky and make some money but more than likely you'll lose or make less than you could have. 
legendary
Activity: 1988
Merit: 1007
Beyond Imagination
Always knowledge first, without proper knowledge, you could ruin a fortune
sr. member
Activity: 2310
Merit: 454
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?

Knowledge and capital play a great role in achieving success. Knowledge is needed to make a well-organized plan that could help you achieve what you want and at the same time, capital is also important to execute what you have planned. Both come hand-in-hand. You will have a hard time if you only possess one.

Knowledge is important before diving into what you are planning to do and enter. It is also significant the moment you have entered the said field. Being equipped with enough and proper knowledge will be your advantage all throughout your business and investment venture. Meanwhile, capital is needed the moment you want to enter and take the risk. Let's be honest here, you can't invest without having enough funds to sustain you financially. Having that said, capital is important the way knowledge is because you cannot push through if you lack funds, to begin with. Sure, determination, perseverance, and knowledge are excellent factors to get you where you want to be but so is capital to fund your journey and to keep your business/investment continuously operating.
full member
Activity: 2338
Merit: 191
★Bitvest.io★ Play Plinko or Invest!


Is it KNOWLEDGE or CAPITAL, or even BOTH?
Wait but how can you invest using only Knowledge ? and how can you succeed using only Capital?

you need capital to invest and knowledge to succeed.

you need knowledge to know what to invest.

you need to use both if you don't wanna give your money away and losing your time also.

Invest with knowledge, that is what we need .
Pages:
Jump to: