Idea vs Capital

[Obla ikona]

Idea precede capital in business. Although, both are importance for a business to startup; but firstly, you need to conceive an idea, nurture it, grow it, do some research on it, weigh the pros and cons, then going into planning your business – draft a business proposal for your idea including clear financial analysis, market analysis, competitors, implementation – will it be in phases, milestone, etc. when you have all these in place, then Capital to help actualize and implement your plan can come in.

On the other hand, if you do not have an idea or a business plan and eventually, you are given let’s say One Million to begin a business, they is every possibility that the business will shatter and crumble on a short while; people who jump into businesses because they see people doing it and succeeding are liable to fail in the business. My take

[JUSTUS NJUKI]

Obla..this is powerful.Thank you and may God bless you for enlightening His people

[Akampurira Susan]

For any business to start, an idea must be generated first then Capital to turn that idea into business.My suggestion!

[JUSTUS NJUKI]

Thank you Susan