With knowledge, you have the idea about what you wish to use the money for and even how to get the money either through loan or grants or investors, capital without knowledge would lead to wasteful spending.
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Sure, if you take everything away from me today and leave me with the information I have at hand, I don't think if I have lost because I would surely recover everything.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 choosed yes because knowledge can also be regarded as the capital. But knowledge is not enough as the capital of a business you need the real capital for anybusiness whatsoever...they work interchangeable.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.
Sure, another thing about being knowledgeable is that you could easily get people who would invest In you with the hope that you would be able to remit some percentage to them.I choosed yes because knowledge can also be regarded as the capital. But knowledge is not enough as the capital of a business you need the real capital for anybusiness whatsoever...they work interchangeable.
Yes, I totally agree with you, a foolish person that is not knowledgeable will definitely mess what you have build up for years up.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.
Knowledge is your thinking faculty that you can use to plan and execute a business plan, even if you have knowledge but no money, how can you raise capital with knowledge without money.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.
Without knowledge, you are absolutely not going anywhere. It's why most people who understand and know how valuable knowledge is, do anything to get them at any cost.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.
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 importantI totally agree with the fact that knowledge is the greatest capital. You only need the knowledge at first even before you'll source for the money because if you have the money without knowledge, you've failed even before you're starting