I agree with you without knowledge is the highest capital because your knowledge is your idea or business without idea will surely crash even if it's having a lot of capital so idea is the key to every business.
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knowledge is always the highest capital because knowledge comprises of the idea of the business without knowledge you cannot be able to manage or control a particular business to achieve your goal.Of course yes I believe that knowledge is a very big capital when it comes to having the information that you need to stay ahead in anything that you are doing especially when it comes to business, Investments, or making money.
As as much as I believe that knowledge is English capital but also there is the kind of money that you have you can be able to buy those that have that knowledge and put them to use and use their knowledge to make your own money.Yes I agree knowledge will help people to increase opportunities for making a business succesful , but as I said before it is not sufficient for it alone .
You are very correct with the point you raised. We need knowledge in our everyday dealings not only in business. Any business manager without knowledge will struggle to run the business to be successful. Knowledge is also the driving force of other things involved in business.I totally agree with you, the highest capital is knowledge, without this, no matter how much money you have, it will be difficult for you to have stability in any business you undertake. But it is also true that with a lot of knowledge without economic capital you will not be able to start a business either. These two capitals that you describe in your thread must be intertwined to be successful.
Knowledge is the basis of everything we undertake in life. Otherwise we will have failure after failure! In business and outside of business, we will always need it, life itself depends on it.You are very correct with the point you raised. We need knowledge in our everyday dealings not only in business. Any business manager without knowledge will struggle to run the business to be successful. Knowledge is also the driving force of other things involved in business.
You should have explained it deeper why this is so,knowledge is only important when you are maintaining a business but money is the most important because is money that you will use in establishing the business for it to come to reality.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.
Yes I agree with you that knowledge is the highest capital is better for you to have knowledge about the particular business than have enough capital without no knowledge because with these people run into loss.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.
To an extent I believe in your view but then knowledge is brought to light with the help of finance. Both are needed for a successful business to stand.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.