Post
Topic
Board Economics
Re: knowledge and Capital which is Very important in Business or Investment?
by
LUCKMCFLY
on 06/10/2021, 17:25:41 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?

I think that to start any business, company or something similar you always need to have capital, in fact, you can also start without capital with entrepreneurship and your own effort either in sales or any type of business, however from the point of view of Business view at the moment that we are, I do not see a good idea to establish some type of company, what if I see it necessary is to have some capital for any type of Investment, either for crypto, for real estate, among others.

For now, the way to make wealth is difficult, investment can occur in Crypto in the long term and that by investing in BTC with the option that is bought and then waiting for a target of at least $ 100k, many are waiting for that target and surely there will be many new millionaires.
And the most important thing for me, before having the capital is knowledge, because knowing how to find the best investment is a guarantee that the money will grow as time goes by.


More precisely, knowledge and capital complement each other to really build a business, good financial management, choosing professional workers and building strategic places are also very important. All really complement each other. However, all elements can support success in building a business regardless of the name of the business.

A while ago I was talking with a friend, and we both agreed that there are many ways to make a lot of money and acsi without effort, just having the basic knowledge and experience, but the lack of everything lies in having money for investment, if there is no money to spare. investment is very difficult. In 2017 you could make money quickly, when you participated in ICOs, in different branches of projects, now today I see that everything is moving towards NFT games, there is always a direction that money goes