What's more important when starting a business, Big Idea or Big Capital? - page 7.

shursight

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They didn't had little capitals, Alibaba started with a lot of money but with a big idea. KFC was one of those who didn't had any capital when it started.

But during those times, it seems that the capital is the most important part of every bussiness.

Quote from: the13thsymphony on April 15, 2018, 11:26:48 AM

There are big businesses that came from big ideas, like KFC, facebook and alibaba that only have little capital to start their business. I think it would be best to have a big idea that many people would benefit and even if you fail to launch it because a small capital you will never know who would invest to make it real.

the13thsymphony

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There are big businesses that came from big ideas, like KFC, facebook and alibaba that only have little capital to start their business. I think it would be best to have a big idea that many people would benefit and even if you fail to launch it because a small capital you will never know who would invest to make it real.

shinchan123

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Quote from: loveslfc on April 03, 2018, 01:34:55 PM

What's more important when starting a business, Big Idea or Big Capital?

For me, The most important is a big capital because no matter gow big an idea is, if there is no sufficient capital, then it would be useless. Although, if there is quite a little capital, it might work but the profit is not as big because the capital is not also that big.

clarky

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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".

ASHLIUSZ

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Unique idea with real time usage is a must. When the idea has gained the potential, automatically the investment can be achieved through different sources available. This is with the virtual world and with real world higher the investment higher will be the profiting through the concern business.

djkyno

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I think the big capital is the most important thing to starting a business.
Without enough money you can't start your business even if you have very attractive and different idea.
The attractive idea is required of course but it comes secondly after getting enough money for starting the project.

randyboy

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I think If I start a business the important is big idea no matter how big the capital is. If you don't have ideas how it really works and make this popular and famous your big capital may be lost because your business is not working if you have big idea then your capital is not too big then the idea you'll have may be lead to succeed.

Kelvinid

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win lambo...

Quote from: Olrac on April 15, 2018, 09:13:45 AM

for me the most important in putting up a business is to have a big capital. there's huge expenses when starting a business and that must be the first in the list- budget. if budget is sufficient then everything else will follow like big idea and goals. all these can be fulfilled. if budget is enough

Agreed.Having a big capital will make a business more likely to succeed even with just a small ideas.But i believe having that sufficient amount of capital could probably pay a person with big and brilliant ideas.That's the advantage of starting a business with a big capital than struggling hard to make a business succeed with small capital.

wantjokull

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Quote from: SixOfFive on April 13, 2018, 12:09:57 PM

Quote from: loveslfc on April 03, 2018, 01:34:55 PM

What's more important when starting a business, Big Idea or Big Capital?

The harsh truth is that big capital is always important if you want to make something big from your business. You will be able to implement your big idea properly only if you have a big capital. It also depends on the type of business you are planning to undertake. For instance, a business involving heavy engineering machines, huge infrastructure, will require big capital but a fashion designing business will need better ideas and innovations than a really big capital.

Hm intersting comparison over here and that does make sense at all. I mean its all about the business type that you are going to do which will decide the ultimate idea of the capital required. I mean with big idea there always comes big investment to make it happen in the first place. I mean even small venture can take up huge amount go money to run if the things that are happening inside it are very costly ideas. Place where we need to innovate something (Get ideas and then form the whole thing) will always cost more as compare to place where we just need handling of big stuff. So its kinda of agreeable comparison that you have done here. Good one.

Olrac

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for me the most important in putting up a business is to have a big capital. there's huge expenses when starting a business and that must be the first in the list- budget. if budget is sufficient then everything else will follow like big idea and goals. all these can be fulfilled. if budget is enough

syamster

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Quote from: bakujo0817 on April 12, 2018, 10:41:43 AM

Quote from: loveslfc on April 03, 2018, 01:34:55 PM

What's more important when starting a business, Big Idea or Big Capital?

big ideas means need big capital if you want to succeed in business you need both but there business are starting on small ideas and small capital that be successfull in my country the top business man here are starting on small business and they make it big business .

Yeah right because we cannot skip anyone of them; As we can see it is now very easy to get fast and well developed business with the help of bitcoin but even for it you will have to work and plan well, bitcoin has a lot of feature which makes it very safe and profit worthy, increasing price of bitcoin is the best way to start business in bitcoin, so plan to buy some bitcoin right now and then hold all of your bitcoin in your wallet for the long time, as you said we can start with small as well so without good idea and good capital we cannot start any business.

Boknoi321

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Quote from: kauban2018 on April 15, 2018, 07:55:15 AM

The most important thing is to have an idea on how to start the business, how to handle people behind your business, how to do the procedures in managing your business, what will be the possible problems and how may possibly solve it in running the business. Opening and gathering an idea on running the business must come first before looking a capital for your business. You can easily look for a capital if you really want to have a business. According to Brian Tracy, "Intellectual capital is the most valuable of all factors of production". I already witness different business with big capitals without good pillars of ideas and results are negative.

For me both are important to have, before we build a business we would like to have an idea where we can earn big capital .Both are useful in every possibilities we treasure,we would like to start something good business where it has a positivity on people .The most important thing to build a business is to study first and have knowledge in business management in order to avoid losses on our capital.

kauban2018

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The most important thing is to have an idea on how to start the business, how to handle people behind your business, how to do the procedures in managing your business, what will be the possible problems and how may possibly solve it in running the business. Opening and gathering an idea on running the business must come first before looking a capital for your business. You can easily look for a capital if you really want to have a business. According to Brian Tracy, "Intellectual capital is the most valuable of all factors of production". I already witness different business with big capitals without good pillars of ideas and results are negative.

gwapo.zylle

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Quote from: loveslfc on April 03, 2018, 01:34:55 PM

What's more important when starting a business, Big Idea or Big Capital?

Most of the people choose to have big capital than big idea but in my case I want to have a big idea because if you have your knowledge or idea in business you can make your money big even if you start small amount. Knowledge and hardwork is the key to success that's why big idea is the important in a business.

Cosbycoin

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Quote from: websoftwareengineer on April 11, 2018, 03:37:06 AM

Quote from: loveslfc on April 03, 2018, 01:34:55 PM

What's more important when starting a business, Big Idea or Big Capital?

Big idea with just a normal amount of capital, because capital does not matter if the concept of your business is bad just like ico's today, their coin will not grow if the project is keep on failing because of the road map that is not well constructed.

Starting capital really doesn’t matter. But we can’t say this is of zero importance, no, it is important but what matters most is your idea. The concept on which you are going to build your whole business building. That base must be so strong to hold the weight of this much big market. You will be earning better gradually and slowly once your idea is being appreciated by people.

bitbunnny

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WOLF.BET - Provably Fair Crypto Casino

If you have good, big idea that is predicted for success and that comes on the market in the right time maybe you don't need such big capital. Of course you need some capital to support it otherwise you can't make it real but people will recgonize good and quality potential and at the end this idea will finance itself. Than it's important to invest the profit further to keep this idea running.

Nenegayung

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There is the possibility that people think, to start a business requires a lot of capital, and they just think it over without running it, yes, at least they try to find that solution. Searching for solutions is called big idea, how to get big capital?

Like I am now, looking for a great capital by getting into the Cryptocurrency world, though it took a very long time but did not harm others.

fullhdpixel

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Quote from: Altcoindealer on April 12, 2018, 12:21:19 AM

Big capital can make the worst idea to a big seller. I see so many things that are just useless piece of crap, but they go such a good marketing strategy, the people buy it without thinking about beter alternatives who are cheaper. So you can have the best idea, but without a good capital or a big investors who helps you to promoto you product, you can not be successfull. And thats why bounty campaigns are so important for initial coin offerings!

For me, both hold equal importance but definitely, if someone has to go with just one of them, it would be big idea. Mark Zuckerberg, Steve jobs, bill gates and all such rich renowned personalities are holding this much capital just due to their creative ideas.

Knowledge is power and a wise person can achieve anything in his life that he aims for. If he has no or little money, he would find a way for financial help.

labs0918

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Quote from: loveslfc on April 03, 2018, 01:34:55 PM

What's more important when starting a business, Big Idea or Big Capital?

A big capital is needed first after you decide what business you wanted to build. And that's the time you can think a big idea what business do you want to start.

miradorme

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Quote from: loveslfc on April 03, 2018, 01:34:55 PM

What's more important when starting a business, Big Idea or Big Capital?

For me the more important is big capital. Why? It is because you cannot plan or organize a business without a big capital. If you have a capital then you can have idea what business to build.

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