I perfectly believe knowledge is the highest capital not only in business but in human existence many people have always experience breakdowns in their business due to lack of knowledge on how to manage and run the business.
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Of course yes, money is very important as well when comparing the two to them. Knowing something isn't enough, you will need the money to back it up.You need money to be able to execute the knowledge , unless the person is trying to start the business without any financial support and that is very impossible , so adequate knowledge is important
Maby people who want to start a business don't know you need to invest more to earn more ,they think its so easy just like that , they never know you need money back things upOf course yes, money is very important as well when comparing the two to them. Knowing something isn't enough, you will need the money to back it up.
Exactly, one small thing that you overlook when starting a business is definitely going to come back to bite you back. It's why all preparations are so important.Maby people who want to start a business don't know you need to invest more to earn more ,they think its so easy just like that , they never know you need money back things up
Yeah its good to prepare ahead because if the person don't do that , the person might fail to succeed ,do adequate preparation is needed to achieve more sucessExactly, one small thing that you overlook when starting a business is definitely going to come back to bite you back. It's why all preparations are so important.
There is a saying that if you fail to plan, you have already planned to fail, so it's on your own hands to make sure you succeed or fail big time.Yeah its good to prepare ahead because if the person don't do that , the person might fail to succeed ,do adequate preparation is needed to achieve more sucess
Knowledge is power and knowledge is the best capital , knowledge is understanding all about a business and having the mentality of how to create and start a business, but knowledge without money cannot start a business.To many people, the only reason they haven't been able to bring their ideas to reality is lack of money which they call capital, but capital is not only money, knowledge is also capital, in fact knowledge is the highest capital and not money.
I think that knowledge would help you understand these skills and even if you do not have knowledge would tell you how to go about it the right way so as to get the maximum results.It is true that knowledge contributes greatly to a business and its success. But knowledge alone will not work, it must be accompanied by courage, perseverance, good mindset towards business, and focus. For sure you will succeed in the business you choose if those qualities are in you.