Post
Topic
Board Economics
Re: Planning on starting any business?
by
Fredomago
on 04/08/2025, 13:26:59 UTC
Exactly, depends from your knowledge and skills and the venue where you'll put up your business, there's no assurance but if you have the right sets of skills, the chance is better to succeed, and same with you, small capital can go big if you locate the right business for you, there's always a big possibilities but without taking actions there's nothing that can be achieved.

It's you that will generate whatever the outcome, if you plan well and execute well you might harvest the success that you are aiming, it can't be concluded if there's no action yet coming from you.

 A rapid impact on business comes in the form of appropriate skills and management. Readiness to take risks also plays a crucial role in facing potential risks. In other words, mental readiness plays a key role in this. The chance of measuring the success of a business idea is uncertain, whether it's large or small capital. It's only the volume that determines it. It's simply about how you manage it well. With small capital, I believe it will grow over time, and you can reinvest it.

Large-capital traders are indeed relatively dominant, making it much easier for them to achieve success. However, with improper management, I believe this is completely useless. Skills and knowledge must be paired when you want to start a successful business.

Yeah that's the advantage of large-capital investment as they can really takeover and make an impact, though same with what you said, even you only got small amount of investment if you manage it well the chance to bring it to another level is not by far, as long as you really know what you are doing eventually you can just reinvest all the profits and along the way if fate permits, then you'll be able to make more and established your business/investment.