Cash or Idea; Which Is More Important For an Entrepreneur?
The twenty first
century educational system is now centered on molding business oriented men and
women who will one day become the business moguls and control the resources of
the country and planet at large. We have read from literature and have heard
from testimonies how some people were able to start their business from the
scratch and today, they are the owners and controllers of the market.
In all these
happenings, what I find hard to decipher is the place of ideas and capital in
starting up a business and also to be able to know which is more important.
Capital and ideas are both needed but then, which is more important?
Before we go ahead to
answer these questions I will suggest we take note of the following facts about
ideas and capital.
1.
Idea is what forms a business and capital is
what makes it possible:
While it is good to
have an idea, it is also good to have the capital to bring that idea to a
realization. Capital is useless without an idea and so is idea without a
capital. Are the two inseparable? Let me confuse you the more; A man with ideas
can acquire cash and a man with cash can purchase an idea.
2.
Idea is priceless:
It doesn’t matter how
much monetary value you place on your ideas, they are priceless. Ideas make the
world what it is today and cash makes it function well. Of what use is an idea
that cannot be actualized? Of what use is cash without an idea to be spent on?
3. Ideas
can be bought:
A rich man can
purchase any idea on the face of the earth if he is willing but then does he
have the needed ability to run it?
The
place of Cash and ideas in a business start up
The world is looking
for people who are full of ideas. A lot of people lack the needed the patience
to wait for their ideas to make way for them, they just hawk it in the black
market looking for the next available buyer. Money is good but then it is better
to solve problems with an idea that will be accredited to you than to see the
idea come to reality and regret it forever.
Ideas are great and
the most important thing needed for a business to start up and even run. Everyone
needs cash, but then only those who have the ability to sell these ideas to the
world will make a mark.
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