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[AudraMiller]

When it comes to any business proposition that is made or any business that is being ventured into, there are two things that are required in the beginning. You need to have an idea and you need to have capital in order to fund that idea and make it into a business. However one of the big questions that comes about is should the capital come first or should the idea come first and then the capital. In my personal opinion I think that you should have an idea first and then work towards the capital because having an idea shows a sense of passion in that respective field. Therefore you are more likely to be invested into it. However if you have the capital and then trying to decide on an idea to match that value then you may not get involved with something that you are interested in and this could lead to the failure of your business.

What are your thoughts on this? Which do you believe is the first step?

 

[Yugocean]

You're very right about that. The essence of doing business is to satisfy people's needs and get rewarded for it. So if there's no need or something lacking in our world today then there would be no business. It's the hunger to solve one's problem that gave birth to doing business.
And those who were lucky to understand it this way know where to go get their business ideas from.

That's how it happened - necessity is the mother of invention.
But in such a situation, the idea will come when we need something, and then the idea of raising capital for it will also be found.
Ideas keep coming even without need, which people let go in vain.

 

[Skysaint]

That's how it happened - necessity is the mother of invention.
But in such a situation, the idea will come when we need something, and then the idea of raising capital for it will also be found.
Ideas keep coming even without need, which people let go in vain.

Yes, more than once I have heard people say that necessity is the mother of inventions and I believe that to be true. There can't be inventions without the need to solve a particular problem. The different means of transportation we have in our world today is because people felt the need to transport themselves from one place to another without having to stress themselves much and even get to their destination faster.
It was also in this school of thought that the idea of business was given birth to.

 

[rush08]

Yes, more than once I have heard people say that necessity is the mother of inventions and I believe that to be true. There can't be inventions without the need to solve a particular problem. The different means of transportation we have in our world today is because people felt the need to transport themselves from one place to another without having to stress themselves much and even get to their destination faster.
It was also in this school of thought that the idea of business was given birth to.

The ideas they say rule the world. Been able to provide logical and concise solution to a particular problems are what are important if you are to solve any need.
It is only when your ideas are well articulated and plan for the cost of the business. Then the capital can then come into force....

 

[Yugocean]

The ideas they say rule the world. Been able to provide logical and concise solution to a particular problems are what are important if you are to solve any need.
It is only when your ideas are well articulated and plan for the cost of the business. Then the capital can then come into force....

Capital is originally an idea itself, and then idea will come later when you have a capital.
Imagine if you win a lottery, will you not try to find business idea just because capital come to you first?
Anything can come first, it is just matter of situation, time.
Capital coming first is not impossible.

 

[rush08]

Several person have some capital at their disposal but lack any meaningful business ideas and in the process lavish all the money on materials things that does not make profits.
A man with good ideas is only waiting for the capital to come and he utilizes the opportunity promptly....

 

[Yugocean]

Several person have some capital at their disposal but lack any meaningful business ideas and in the process lavish all the money on materials things that does not make profits.
A man with good ideas is only waiting for the capital to come and he utilizes the opportunity promptly....

That's how so many business partnership happened, use of wealth and brain. Ultimately one with brain takes the control, but honestly the investor must have his/ her right.
There are many business platforms which are asking for investment, capital holder must use brain to find best choice.

 

[rush08]

That's how so many business partnership happened, use of wealth and brain. Ultimately one with brain takes the control, but honestly the investor must have his/ her right.
There are many business platforms which are asking for investment, capital holder must use brain to find best choice.

It might be true that in partnership business, the one with the capital is like the engine that runs the vehicle or the business. But the one with the ideas is the brain box of the business, without him around the business might face challenges which the partner with the capital can not handle.
So every one has their roles to play in the business....

 

[Franca01]

I think both are neccessary in a business but to me, i will take business ideas should come first which will encourage you how much capital you needed for the business. Many people always want the capital first but capital without business ideas will not lead to a sussessful business.

 

[btaliat]

I think both are neccessary in a business but to me, i will take business ideas should come first which will encourage you how much capital you needed for the business. Many people always want the capital first but capital without business ideas will not lead to a sussessful business.

That's true. Most people always find it easier to look for money if there is business idea especially if the idea is very feasible. There may be even be friends that may be willing to borrow in order to actualize the ideas. It is easier to fall for scam if we have the money before the idea.

 

[magnus2022]

Most great business empires start from scratch with no capital to invest. With a sound idea, a businessman can squander millions of dollars without nothing to show about. It is idea that rule the world of business and success. Google started from a garage before money start flowing. Microsoft and Facebook started simply from unique ideas of the two geniuses.

 

[Wisdom01]

I think both are neccessary in a business but to me, i will take business ideas should come first which will encourage you how much capital you needed for the business. Many people always want the capital first but capital without business ideas will not lead to a sussessful business.

For me I think the capital is just like the instrument or machinery , because without it the person can't start anything , although with that capital and no business idea , the person could actually buy ideas with the capital ,since he or she have that money

 

[Potuse]

That's true. Most people always find it easier to look for money if there is business idea especially if the idea is very feasible. There may be even be friends that may be willing to borrow in order to actualize the ideas. It is easier to fall for scam if we have the money before the idea.

I wouldn't agree less because the business model should come first. you could think of the capital to start after you have the plan on ground. there are so many business mogul who have been nursing business plans for years before they could possess the Capital to actualize them.

 

[anil02]

Not only business if we want to do any work first we think for money we need for it. If want to buy a house of car first we access how much money we need for us and how much we have. Like it when we wants to start a business after deciding what business we want to start we thing money which we need for. If we have enough funds for this business that we procced to start it if not than we think for other business. Capital is an inportant factor in starting business.

 

[Yugocean]

If capital comes first, then no one will ask for loan for any start up, so idea will come first, and then people will try to raise money to start a business.
There are multiple examples, like winners of Who wants Bo be a millionaire, and it's sister programs, winners lose their money, because they had no idea.

 

[Potuse]

If capital comes first, then no one will ask for loan for any start up, so idea will come first, and then people will try to raise money to start a business.
There are multiple examples, like winners of Who wants Bo be a millionaire, and it's sister programs, winners lose their money, because they had no idea.

You have made a very good point that capital is crucial in an investment but I have another thought again on the subject. I think idea come first this time around, because you will be to estimate the total capital that is needed to run the business successfully, then you can seek the capital

 

[Yugocean]

You have made a very good point that capital is crucial in an investment but I have another thought again on the subject. I think idea come first this time around, because you will be to estimate the total capital that is needed to run the business successfully, then you can seek the capital

Thats it, now I have a good amount in BMF, I will invest it in crypto. I know how I will invest, but not sure what varieties I will do. You don'tknow whether the market falls or rises, so the capital will remain here till I get an idea.
I'm aiming for $100, so I'll haggle the idea until then.

 

[Riberet19]

I think the idea is the main thing since you can have the capital and not have the idea and not know what to do with it, for example all the people who won the lottery and did not have business ideas or to make their money work and then lost the fortune are large and if you have a good idea and want to carry it out this can venture you to get the capital to Make it happen

 

[rush08]

I think the idea is the main thing since you can have the capital and not have the idea and not know what to do with it, for example all the people who won the lottery and did not have business ideas or to make their money work and then lost the fortune are large and if you have a good idea and want to carry it out this can venture you to get the capital to Make it happen

I think the ideas of the business would always come first before the money.
There are several ways to get ideas for our business.
One of such ways include getting ideas from doing research and market survey.
It is after the ideas has been put together that we raise funds for the business........

 

[Riberet19]

I think the ideas of the business would always come first before the money.
There are several ways to get ideas for our business.
One of such ways include getting ideas from doing research and market survey.
It is after the ideas has been put together that we raise funds for the business........

exact I think that many of the users of this forum are people with business or business idea that we mainly come here to seek help to enhance the business in which we are or to gain capital to develop our businesses ideas are fundamental to develop a good business and should be the first thing in a good business scheme

 

[Skysaint]

The idea should probably be the first thing that will hit you before you start considering the amount of money that would be needed to execute such idea to birth it to reality. So in my own opinion, I think the idea should be first for someone who wants to start a business then comes the capital.