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Your Opinion Is Yours! Knowledge Is The Greatest Capital Or Money?
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[QUOTE="Kingsley, post: 211451, member: 30278"] This is quite interesting and it certainly has two sides to it, depending on how you see it, now when we consider the knowledge, we all agree that knowledge is power, and there is nothing we can do without applying our knowledge to it. There is no type of business one would want to do today that having a knowledge about it will not be a prerequisite for starting the business. Infact if you decide to go ahead with starting up a business without having a proper knowledge of the business, then one is bound to fail in such a business. Because when we comsider the major factors that we need in starting a business we always put having the knowledge of business as a paramount step. But the challenge again is that we can't start anything even if we have all the knowledge of the business without having any capital we will still incapacitated. Hence the capital or start up funds is also very vital . In fact when we consider the factors of production we can see that Labour, land, capital and entrepreneur, we can see that capital is the eseential factor starting up a business, but knowledge still stands out. [/QUOTE]
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