Topic: What's more important when starting a business, Big Idea or Big Capital? - page 5. (Read 1231 times)
April 20, 2018, 05:00:59 AM
The main desire, the rest can be found. The main thing is to try yourself in different spheres and not stop at failure, and then the money will come.
April 20, 2018, 04:58:12 AM
What's more important when starting a business, Big Idea or Big Capital?
Why do you make a choice that both do have to exist to start a business?To start a business we need a planning. If you have a big idea you will not be too difficult to determine where your business is going. The plan is the most important thing in business because it can determine failure and success.
And capital is the realization of your plan, without the capital of your business plan will not happen. To find it safe you have to have a big capital, because of 99% if you have a good plan and have a big capital then your business smoothly and under control.
April 19, 2018, 02:11:04 PM
The more important when starting a business is probably to have a big capital , it is so important when running a business , the ideas can be actually created if you now the capital to srart that said business.
Everything has its own importance and that you cannot neglect any single thing. You need to keep the balance amongst the things so that you can then make some better earning. In my opinion, both things having a big idea as well large capital are important to have but the focus should be on having some big idea as this is something which can help you in making more money. April 17, 2018, 04:20:19 PM
Both big capital and big idea is important in starting a business,you can't start up without your idea and you can't put in actual without capital.
April 17, 2018, 04:09:19 PM
Well the more important when starting a business is a Big Capital because if you have a big capital you can be able to pay for a business analyst og adviser so that he can help you with you plan.Money is more important in business because even if you have a big idea but you have no money it is still useless.
April 17, 2018, 04:07:52 PM
There is many well known people, who actualy starts without or with a small amount of money, but with a great idea, so maybe this option is right
April 17, 2018, 04:04:08 PM
What's more important when starting a business, Big Idea or Big Capital?
Money is more important, because with proper planning there is always the opportunity to realize the alien idea as your own. April 17, 2018, 03:50:32 PM
What's more important when starting a business, Big Idea or Big Capital?
Big idea brings so much opportunity so i prefer that you should have a very good idea even though you have small amount of capital because your business can still grow or will dominate if the concept is really good enough to get attention of different people.
April 17, 2018, 12:16:46 PM
What's more important when starting a business, Big Idea or Big Capital?
Your idea really matters to everyone because in this way you will get more customer or clients depending on your business while capital will be useless if your business will not grow so i prefer having a great ideas but just a normal amount of capital.
April 17, 2018, 12:13:41 PM
I think the answer is pretty much obvious. Of course you have to have a large capital in order to make your big idea feasible. Big ideas do not succeed with little efforts, especially money as capital. Yes we can make big ideas first, but it should be accompanied by small plans and plan B's. By achieveing those small plans you shall achieve your big idea. Capital is needed to execute the idea but let's point that anyone can start from a "small capital" to execute the "big idea".
The answer is not as obvious as you think, if your idea is something conventional like creating a restaurant and not creating anything original then you will need a lot of capital in order to make your business a success, however if what you have is a complete new and unconventional idea then you can make it a success even if you do not have any money at all, we are in a bitcoin forum, look at bitcoin, satoshi had a great idea of creating a new currency, something completely new and revolutionary and now bitcoin has a market cap of 138 billion dollars. 
April 17, 2018, 10:09:05 AM
What's more important when starting a business, Big Idea or Big Capital?
Big idea brings so much opportunity so i prefer that you should have a very good idea even though you have small amount of capital because your business can still grow or will dominate if the concept is really good enough to get attention of different people.
April 17, 2018, 10:01:23 AM
The more important when starting a business is probably to have a big capital , it is so important when running a business , the ideas can be actually created if you now the capital to srart that said business.
April 17, 2018, 09:50:14 AM
When starting a business the more important thing that a person should have is a big capital because even you have a big Idea you can't make a business without a capital to support your big Idea but if you have a big capital you can support your idea and try many Idea that you wanted to try to build with your capital that is so easy to you to change your business if it doesn't click in your country.
April 17, 2018, 09:40:57 AM
Both big idea and big capital are required, both in the case one is short you will to improvise. If you have a big plan with smaller capital, you need to start small and grow your business slowly, but if you have big capital and not so good ideas, you have to search for bright minds and employ to help out with brain storming great ideas to grow the business.
Well, I have a little different point of view in this matter. Big idea is more important than big capital. It was the strength of idea that made Mark, Bill Gates, Steve Jobs and owners of all other giant companies as the richest people in the world. Knowledge is power. Due to amazing thoughts, these people not only earned huge capital but gave jobs to thousands of other people. An idea can change the world.
And it is not only that. We should also remember that over time the pool of big ideas seems to be running dry. Evidently, we have still pretty much to discover (and some things even to rediscover), but with every new bright idea exploited the number of bright ideas yet to be found diminishes. On the other hand, there is plenty of capital, and the amount of capital only increases with every new idea making it into real life and practice. So the choice which one is better should be obvious and straightforward.
I agree. You can easily waste your big capital by investing in useless projects or starting a lame business. You can climb your way upwards with a small capital if you know how to connect with what people want.
April 17, 2018, 09:23:57 AM
Both big idea and big capital are required, both in the case one is short you will to improvise. If you have a big plan with smaller capital, you need to start small and grow your business slowly, but if you have big capital and not so good ideas, you have to search for bright minds and employ to help out with brain storming great ideas to grow the business.
Well, I have a little different point of view in this matter. Big idea is more important than big capital. It was the strength of idea that made Mark, Bill Gates, Steve Jobs and owners of all other giant companies as the richest people in the world. Knowledge is power. Due to amazing thoughts, these people not only earned huge capital but gave jobs to thousands of other people. An idea can change the world.
And it is not only that. We should also remember that over time the pool of big ideas seems to be running dry. Evidently, we have still pretty much to discover (and some things even to rediscover), but with every new bright idea exploited the number of bright ideas yet to be found diminishes. On the other hand, there is plenty of capital, and the amount of capital only increases with every new idea making it into real life and practice. So the choice which one is better should be obvious and straightforward.
April 17, 2018, 08:32:58 AM
Both big idea and big capital are required, both in the case one is short you will to improvise. If you have a big plan with smaller capital, you need to start small and grow your business slowly, but if you have big capital and not so good ideas, you have to search for bright minds and employ to help out with brain storming great ideas to grow the business.
Well, I have a little different point of view in this matter. Big idea is more important than big capital. It was the strength of idea that made Mark, Bill Gates, Steve Jobs and owners of all other giant companies as the richest people in the world. Knowledge is power. Due to amazing thoughts, these people not only earned huge capital but gave jobs to thousands of other people. An idea can change the world.
April 16, 2018, 06:33:15 PM
What's more important when starting a business, Big Idea or Big Capital?
Noticeably, the both of big idea and big capital are important. Choosing from it, I will go for big ideas. Big ideas is of course more important than the big capital because first of all, what are you going to do to your big capital if your idea isn't stable or so unplanned. Having a flawless idea in starting a business is a best strategy because without it you can't start a business. Possessing a low capital isn't a bad move for a reason that you can always start in scratch.
April 16, 2018, 05:38:11 PM
Without idea no capital can help you; idea should move everything around it.
April 16, 2018, 05:18:45 PM
For a business owner both big idea and investment are required but For me i think big idea is more important than big investment because if you have a good idea then you can build your empire from a scratch, but if you don't have any idea then you can't make profit from your investments.
All billionaires in this world stared their company from a small but their ideas were revolutionary and now we can see the things they had made for the future generations
All billionaires in this world stared their company from a small but their ideas were revolutionary and now we can see the things they had made for the future generations
April 16, 2018, 05:16:39 PM
As someone, who has consulted a lot of startups I can say: Big money can make a bad idea fly, a good idea with no money can only succed by exploiting its founders or someone else as no one should work for equity for an extended period of time (or at all if you ask me).
Also you have to look at the market, so many not optimal (not bad, but not perfect) ideas won the market share due to better backing.
Also you have to look at the market, so many not optimal (not bad, but not perfect) ideas won the market share due to better backing.
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