to start a business of course the first we need is capital, but what is the use of that capital if we do not have the expertise and knowledge to creativity in the business we will live, without creativity it seems we will lose compete, we need to create a fresh idea in the business not to lose competitiveness and be able to reach the desired target, but behind all that strong mentality and courage to start it's the most basic thing we have to have, it's useless to have a big mountain idea and capital if we do not dare to start because most think
Topic: What's more important when starting a business, Big Idea or Big Capital? - page 3. (Read 1210 times)
April 22, 2018, 11:50:14 PM
April 22, 2018, 09:41:28 PM
Actually it depends, but most probably you need both. Every business is needed capital to go further. It helps fuel the business to work effectively, but on the otherhand if you dont have the idea and studies what business you want to establish, your capital will be go to waste. Every business is form due to the vast imagination that wanted to be in reality. Its the heart of the owner that wanted to be share to everyone. This two factors (idea and capital) goes hand in hand because this the reality that we have to consider. But sometimes you dont have a big capital if you have the greatest idea that just your creativity works.
April 22, 2018, 08:31:47 PM
What's more important when starting a business, Big Idea or Big Capital?
I think the answer is obvious, of course when you want business the you need is capital , without this how can you start a business? idea is the tool to have business but you can't start without capital.
April 22, 2018, 06:46:04 PM
Both are needed, they work together to achieve the success of the business chosen.Putting up a business starts with a great idea and to put up it into action big capital is needed.In some cases, in bitcoin technology with Satoshi ideas it gives hope to humanity and as of nowadays many were benefited in terms of financial aspects.
April 22, 2018, 06:40:15 PM
Having a business I think its need a big capital instead of big idea.
what happens if you only have an idea of making a business but you don't have money. As of now making a business is not easy without big capital, money is powerful.
what happens if you only have an idea of making a business but you don't have money. As of now making a business is not easy without big capital, money is powerful.
April 22, 2018, 06:20:03 PM
Putting up a business doesn't need too much money to start. Some successful businesses just started with an affordable amount of money. They just got a big idea and big gut to start and fight for their dreams. All you need are determination, passion and your great ideas to start your dream business.
April 22, 2018, 03:29:30 PM
Of course a big capital in able to create a big idea. Having big idea but don't have enough capital to make the idea reality, it will remain idea. Or you can make your idea reality but not exactly the whole idea. What i mean is you make it partly not as a whole then when it click then it is for the future renovation or adjustment.
If that’s the case, then you must read about how Facebook was established. How all the giant companies including big names like Google, Microsoft, Apples, Sony and many more got started by their owners? An idea can change the world. Let’s look at the present idea, bitcoin is an idea and because it was according to the need of present people, it got support from all over the world. 
April 22, 2018, 01:33:29 PM
Of course a big capital in able to create a big idea. Having big idea but don't have enough capital to make the idea reality, it will remain idea. Or you can make your idea reality but not exactly the whole idea. What i mean is you make it partly not as a whole then when it click then it is for the future renovation or adjustment.
absolutely right. the idea without being able to realize with the capital certainly will never be realized. by having the capital despite not having great ideas then it will be able to help people who have a great idea.
April 22, 2018, 12:38:51 PM
In starting any business you need both ofcourse a big idea and a big capital. If I have to choose which one is more important I have to say that I would go for the big capital, it is the one that will make your big idea happen. There are some cases where in you can start with small capital for your idea but you will still need to put so much time, money and effort for it to grow, from small to big. Based from my own experience, you need to have a big capital in order to execute and bring your big idea to life.
April 22, 2018, 12:37:45 PM
What's more important when starting a business, Big Idea or Big Capital?
Isn't it great to have them both? Because for me, what's the use of having a big idea if you don't have big capital for it? Likewise, you will just be wasting your money if you don't have big idea. So IMO, both are necessary to start a business.
Some ideas don't really require Capital, if you have the right team with the right knowledge.
In the cryptocrurrency section you won't find a lot of this kind as most of the projects require to have massive-scale advertisement, and if not the project won't be successful even if it has a great idea and big names who support it.
It's really sad that advertisement is one of the only thing who matters in this market, we get to lose a lot of important projects because of that.
April 22, 2018, 12:20:20 PM
What's more important when starting a business, Big Idea or Big Capital?
You must have an idea or plan first before conducting a business a plan on how you can build your business on how you can start it and the next thing is the capital on how much you can raise to start a business but the decision will be on you. April 22, 2018, 12:07:55 PM
What's more important when starting a business, Big Idea or Big Capital?
The idea has to be important if not crucial enough to make everything work and succeed , it's no use having so much capital
and not having an idea or business that procures money and returns your initial capital. A business idea that renders more will
last longer and eventually gain more than what's originally expected. The capital will also matter, but I think it's secondary.
Having both is extremely terrific, great business ventures are born from this types of opportunities.
April 22, 2018, 12:01:02 PM
That is the same question like : Which came first, the chicken or the egg?
Idea is what you can offer to people who can invest in it. So if you have an idea and great passsion to make it real it is easier to find investor than if you have capital to search for ideas.
Of course you can invest in many ideas but you will never treat it as it yours, and will never feel yourself satisfied as much as when you grow your own idea to working business.
Idea is what you can offer to people who can invest in it. So if you have an idea and great passsion to make it real it is easier to find investor than if you have capital to search for ideas.
Of course you can invest in many ideas but you will never treat it as it yours, and will never feel yourself satisfied as much as when you grow your own idea to working business.
I exactly think to this question when I read this thread. But I think a solid idea is more important that the capital.If you have an innovative idea and you know how to sell it, you should be able to have the capital. Otherwise, I think big capital won't give you necessarily a good idea
April 22, 2018, 11:21:16 AM
That is the same question like : Which came first, the chicken or the egg?
Idea is what you can offer to people who can invest in it. So if you have an idea and great passsion to make it real it is easier to find investor than if you have capital to search for ideas.
Of course you can invest in many ideas but you will never treat it as it yours, and will never feel yourself satisfied as much as when you grow your own idea to working business.
Idea is what you can offer to people who can invest in it. So if you have an idea and great passsion to make it real it is easier to find investor than if you have capital to search for ideas.
Of course you can invest in many ideas but you will never treat it as it yours, and will never feel yourself satisfied as much as when you grow your own idea to working business.
April 22, 2018, 11:00:54 AM
When starting a business i think the most important is capital because even when you have nice and good ideas for a business if you have insufficient capital it will not succeed but in some cases evwn when you have enough money to put up a business.
April 22, 2018, 11:00:41 AM
Before I unveil the success formula let us first take a quick look at the latest statistics about new businesses started and their success rates . To make it short only 18 out of the top hundred businesses survive and 82% fail in their dream project.
I think that for a business to be successful, one has to look after all aspects equally. There is so much competition today that you cannot afford to ignore anything be it capital or idea. If still I had to choose one, between the two, I would go for big idea.
I think that for a business to be successful, one has to look after all aspects equally. There is so much competition today that you cannot afford to ignore anything be it capital or idea. If still I had to choose one, between the two, I would go for big idea.
April 22, 2018, 10:50:18 AM
The more important when starting a business is the big idea because all will follows, if you have big idea even without a big capital you can strategies how to use your minimum resources or even you can borrow capital from financial institution.
But with big capital you can make someone who has the idea work for you and then you will have the profit by making someone else's idea into reality so it's basically the advantages of having such big capital.People with idea could only come up with idea, nothing to bring it to reality without putting really hard effort into it.
April 22, 2018, 10:41:23 AM
The more important when starting a business is the big idea because all will follows, if you have big idea even without a big capital you can strategies how to use your minimum resources or even you can borrow capital from financial institution.
April 22, 2018, 10:38:09 AM
For me I will choose a big idea with less capital, why? What you can do with big capital and don't have a good product to endorse or to sell of course if you have a big idea and determination to become successful you can do it even in a very small capital I know some people who are now a millionaire who just start with a small capital just trust and determination.
April 22, 2018, 10:36:50 AM
for me the most important thing to start a business is to have a big idea, why? even you have a small capital you can make it bigger and bigger with your successful ideas and plans. In addition to this, having a big idea means you know what that business will meant to be and you have the courage to surpass those hindrances and it will be the beginning of the business' success.
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