Quote from: dbc23 on October 08, 2021, 11:08:31 PM

Quote from: Barinekapaul on July 23, 2021, 07:49:31 AM

Is it KNOWLEDGE or CAPITAL, or even BOTH?

There is a saying that goes "Knowledge is power" you don't go on a journey unprepared and you don't start a project you have little knowledge about. Knowledge is more important than capital because a man's gift makes provisions. With knowledge and deligence one can get sponsors or partners but having the fund without knowledge will attract losses and even if one employs a capable hand the employee will most likely take advantage of the employers ignorance

Big yes to this. Knowledge is power. We all see those businessman right now they really have knowledge on where they would start and how to gain customers and make them wealthy. Now it is not that easy since there are a lot of time with failures and also they will be doing research for over the years to come up with the best idea. Also with failure you could gain knowledge from it.