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What Is Capital by JPIC(m): 6:43am On Feb 16, 2021 |
In the business world, once you mention capital, one thing that comes to people's mind is money. While this is true, money is not the only capital that exists. My focus is on the 2nd meaning of capital. Capital is wealth in the form of money or other assets owned by a person or ORGANISATION. Those other things apart from money is my focus here. As a business person or entrepreneur, if you have N2Billion as capital, some other things you may not have may slow your productivity down. If you have other necessary things apart from money, you can still use them and generate money. What are those other capitals you need apart from money? They include the following...... Honesty Integrity Your network base of loyal partners Positive attitude Good will Trust worthiness Transparency Advanced Customer Service Humility All these things, as trivial as they may look or seem, are capital. You can't Succeed in business if you don't have them. |
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