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Cash Or Idea; Which Is More Important For An Entrepreneur? - Education - Nairaland

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Cash Or Idea; Which Is More Important For An Entrepreneur? by Thepasserby(m): 9:06pm On Sep 06, 2017
The twenty first century educational system is now centred on moulding 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 literatures 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.

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