What comes first; capital or business idea?

[Lens1000]

It is important to understand that both capital and business idea are very viable and they are important component of starting a successful business but the order in which they appear can vary depending on the individual preferences or on the context of the business. In so many cases, when you have a great business idea, it will precede securing capital for the business because most of the entrepreneurs would start by developing innovative concepts that would attract investors or funding opportunities. On the other hand, it is good to have a sufficient capital upfront because it is going to encourage entrepreneur to explore.

 

[Holicent]

Anyone can come first, a good idea can really drive you to go in search of capital, but when you have a capital you are 70% ready for your establishment, all you need is search for good business idea but you should be very careful so you don't end up investing in the wrong business idea thereby losing your capital. You can follow your passion, ask people and other ways you can get your business idea.