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