Does Money Beat Creativity In Business?

Bisolami

Verified member
There are two aspects of a business that a businessperson should have. The business person should be financially capable of handling the business that he wants to do even though he does not have the complete money but he should have something that he can use to start the business. Also, the person should be able to think and also to be creative so that he will find new ways in which he can go about taking care of the business for the business to grow and expand. There are still some business people who are not very creative and that is why they always employ someone more creative than them so that he will bring up ideas of how to run the business.

I would not like to say that money beats creativity in a business or creativity beats money. The two of them work hand in hand. It is interwoven. You tend to bring up ideas when you have money to run your business which makes you a creative person and you also have money when you bring up ideas of how to get the money to run your business so the two of them work hand-in-hand. That is what I feel.
 

kayode10

VIP Contributor
Neither money nor creativity is better than the other in business. Both are important in their own ways, and success often comes from finding a balance between the two.

Money is necessary to fund a business, pay for expenses, and invest in growth. Without money, it can be difficult for a business to get off the ground or sustain itself over the long term. However, having money alone does not guarantee success in business. If a business is not creative and innovative, it may struggle to differentiate itself from competitors or adapt to changing market conditions.

On the other hand, creativity is important in business because it allows a company to develop unique products or services, find new ways to solve problems, and stand out in a crowded marketplace. Creativity can help a business to innovate and evolve over time, which is crucial for long-term success. However, creativity alone is not enough. A business needs to have a solid financial foundation and be able to manage its resources effectively in order to turn creative ideas into profitable ventures.

In conclusion, both money and creativity are important in business, and the most successful companies find ways to balance the two effectively.
 

Bisolami

Verified member
Neither money nor creativity is better than the other in business. Both are important in their own ways, and success often comes from finding a balance between the two.

Money is necessary to fund a business, pay for expenses, and invest in growth. Without money, it can be difficult for a business to get off the ground or sustain itself over the long term. However, having money alone does not guarantee success in business. If a business is not creative and innovative, it may struggle to differentiate itself from competitors or adapt to changing market conditions.

On the other hand, creativity is important in business because it allows a company to develop unique products or services, find new ways to solve problems, and stand out in a crowded marketplace. Creativity can help a business to innovate and evolve over time, which is crucial for long-term success. However, creativity alone is not enough. A business needs to have a solid financial foundation and be able to manage its resources effectively in order to turn creative ideas into profitable ventures.

In conclusion, both money and creativity are important in business, and the most successful companies find ways to balance the two effectively.
You are right
This is why I said that the both of them work hand in hand and we cannot do without any of them in a business. I wonder how a business will continue to grow without idea or creativity. Can that ever happen? I don't think so.

The two of them are needed. This is why you see that some business people always employ people with better ideas so that they can help them to run their business instead of running it alone when they know tha they are not very creative in that aspect.

Everyone in a business needs money and creativity.
 

Chibson

VIP Contributor
If you want to become successful in business you must be financially capable and you must have the right ideas and creativity in order to be successful in the long run.

When you have the both of them your chances of becoming successful in a particular business venture will be high. Another important thing required if you want to succeed in a business is the right mindset.

If you do not have the right mindset you may not be able to succeed in a business whether you have money or the skills about that particular business. This is why you must put some certain things into place to be successful.
 

Ebo01

Member
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Bisolami

Verified member
If you want to become successful in business you must be financially capable and you must have the right ideas and creativity in order to be successful in the long run.

When you have the both of them your chances of becoming successful in a particular business venture will be high. Another important thing required if you want to succeed in a business is the right mindset.

If you do not have the right mindset you may not be able to succeed in a business whether you have money or the skills about that particular business. This is why you must put some certain things into place to be successful.
This is why it is advisable for a business person to have the right mindset and also for the person to be optimistic because optimism helps the business to move on the right track. There are some business owners who are pessimistic and that is why they are business tends to fail all the time.

You need to put in so much action so that you are going to achieve the goal that you have planned for your business and you need to be very creative because creativity is one of the things that will keep the business going. This happens in every business
 

Chibson

VIP Contributor
This is why it is advisable for a business person to have the right mindset and also for the person to be optimistic because optimism helps the business to move on the right track. There are some business owners who are pessimistic and that is why they are business tends to fail all the time.

You need to put in so much action so that you are going to achieve the goal that you have planned for your business and you need to be very creative because creativity is one of the things that will keep the business going. This happens in every business
I agree with you, having the right mindset is one of the most important things when it come to venturing into a business.

That is why most of the time I always advise people that wants to go into businesses to study the patterns of people who have succeeded in such a business before because it can give them some level of competence and optimism.

That is why mentorship cannot be underestimated before you go into any business venture because it will help you to acquire the right knowledge and learn from those who are already successful any kind of business you want to go into.
 

Bisolami

Verified member
I agree with you, having the right mindset is one of the most important things when it come to venturing into a business.

That is why most of the time I always advise people that wants to go into businesses to study the patterns of people who have succeeded in such a business before because it can give them some level of competence and optimism.

That is why mentorship cannot be underestimated before you go into any business venture because it will help you to acquire the right knowledge and learn from those who are already successful any kind of business you want to go into.
It is so funny how some people underestimate mentorship. They believe that they can do all things by themselves and they do not need anyone or any mentor and I think that motive is very wrong.

There are even times when you have to learn something offline or physically and it will be better than learning online or on YouTube. In every business, you need to have someone who will hold your hands until you become an expert. We can never know it all and that is why we should be looking for more ways to learn instead of being limited to some aspects of learning in our business which is not cool.
 

Holicent

VIP Contributor
Business requires both money and creativity, but they are not mutually exclusive. While having financial resources can give a business stability and the ability to expand, creativity is necessary for coming up with novel concepts, goods, and services that can set it apart from its rivals.

Money can assist a company in making investments in marketing, research and development, and other areas; however, creativity cannot substitute for it when it comes to coming up with novel concepts. In fact, a lot of successful businesses have used creativity to increase customer engagement, expand into new markets, and build brand recognition.

In addition, businesses can benefit from creativity by operating more effectively, locating cost-effective solutions, and maximizing their return on investment. Through creative problem-solving, a company can, for instance, improve manufacturing processes that are more cost-effective and profitable.

At last, a harmony between monetary assets and imagination is vital for business achievement. Money can provide resources and stability, but creativity is needed to come up with original and creative solutions that can set a company apart and drive growth over time.
 

Chibson

VIP Contributor
It is so funny how some people underestimate mentorship. They believe that they can do all things by themselves and they do not need anyone or any mentor and I think that motive is very wrong.

There are even times when you have to learn something offline or physically and it will be better than learning online or on YouTube. In every business, you need to have someone who will hold your hands until you become an expert. We can never know it all and that is why we should be looking for more ways to learn instead of being limited to some aspects of learning in our business which is not cool.
Yeah, as long as it is possible for you to learn some certain things by yourself without mentorship, it is also important to understand that there are some things you need mentorship in order to excel faster.

The importance of mentorship cannot be underestimated because it can make you to succeed in a particular venture quicker.

If someone teaches you affiliate marketing for example and the person is already successfully in it, then you will also succeed faster because you are being mentored by someone who is successful.

That is why you must check the track record of anyone that wants to mentor you in any business venture because if they are successful then you two can succeed and vice versa.
 
E

eldavis

Guest
Personally i believe the two works hand in hand. Lets be honest, you might have some great ideas, if you do not have the money to carry these ideas out, then the ideas would be useless. Money helps you bring out your creativity. You might be creative, but no one would notice because you have not been able to bring out does ideas for others to see what you can do.
 
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