Post
Topic
Board Economics
Re: knowledge and Capital which is Very important in Business or Investment?
by
paxmao
on 03/10/2021, 22:43:11 UTC
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?

Both, however, if you can choose one, choose knowledge - the practical kind. It is very simple, if you have knowledge you can always convince people with capital to pay you a commission for investing or providing advice (I know, this is very simplistic). You will have to show proof that you can effectively use your knowledge to make money and can be trusted and gain from it.

In the opposite case... and fool and his money soon part ways.