Post
Topic
Board Economics
Re: Money or resourcefulness?
by
MRY
on 26/08/2025, 22:33:52 UTC
The two of them are very important when starting up a business without one you can't really succeed very well these two work hand in hand one cannot say one is more important than the other however one can still use money to buy resourcefulness but one cannot use resourcefulness to get money, before you even think about opening a business it means you have the available skills for that business and if you don't have the available skills you know where to get the available skills to help you develop the business resourcefulness can be bought with money but resourcefulness cannot get money in starting up a business, when you are starting up a business the most important thing you should have is money with this money you can use it to acquire any other thing that is necessary which is resourcefulness and other important skills needed, some set of people open companies and employ people that will work for them people with skill and that are resourceful.
When it comes to business one may naturally think that money is the most significant starting point, however, I believe that there are other essential needs that this should be understood or viewed in a different perspective. Most individuals with a lot of capital endure failure since they lack the knowhow of handling money and others begin with a small amount of capital but have strategies and techniques that ensure the businesses prosper.

Sure, with money we can employ experts, hire consultants or pay workers and in the process achieve results and yet again we have to be smart enough that the funds do not exhaust but must ensure that we have some results. When I look at the part that skills play, I really think that it is not only able to do it yourself, but also able to check the right people to work with. So i think, when we want to establish a business, money opens doors, but what keeps us are the knowledge and education that stays with us. Without them, the money will simply be just having it fetishizing.