Do you think that big money is important for a big innovative idea ?

neerajchauhan

Neeraj K Chauhan
Although it shows a negative sense but it is the bitter true for Indians. if we have a better idea & assume we made a good presentation then what ?

if we have no money or less than a person from which you need help or sponsorship, if in case that person also refused to meet you or ask for heavy profit sharing ratio and if it continue's with more than two or three person then at last you have to satisfy with their terms not yours and bank provide's loan to those person who really don't need it or having repaying capacity at present conditions not for future.

:SugarwareZ-216:
 

NaveenPK

New member
Although it shows a negative sense but it is the bitter true for Indians. if we have a better idea & assume we made a good presentation then what ?

if we have no money or less than a person from which you need help or sponsorship, if in case that person also refused to meet you or ask for heavy profit sharing ratio and if it continue's with more than two or three person then at last you have to satisfy with their terms not yours and bank provide's loan to those person who really don't need it or having repaying capacity at present conditions not for future.

:SugarwareZ-216:
Thats true.. The investors need the returns immediately and because of that they are sceptical to invest ...

Generally bank doesn't give hands to innovative projects.. They ask us to start and then they would provide support based on the financial status.. They why should one go to the bank?... That is why ppl dont start biz on thier own or they don't succeed.. One has to concentrate on business to see profit and not on finance which gives the management more stress and diverts thier focus from production.. They'll go in arranging for funds rather doing business...
 

sumit9994u

New member
Yes Very Very Important. No matter how good the idea is, it wont be of any use untill n unless implemented. And for implementation you need............he he he he MONEY!!!
 

marcustaylor

New member
I think financing can seriously propel a good idea, but in general no - a great idea should propel itself with great marketing. It's just the rate of propulsion that differs.
 

andreking

New member
No, If an idea is innovative and can be implemented easily. Also, it depends on where that idea will be implemented. Circumstances, place, target market, forecasted impact etc determine the amount of money that will be required. Money is important to make an innovative idea a money generating idea. From basic like a presentation of an idea to implementing idea, making changes.
 

helen82

New member
Yes of course. Any innovative idea also need money to turn it out reality. So I think that a big money is very important for a big innovative idea.
 

gawalirohit

Par 100 posts (V.I.P)
Yeah Money is impt...but what u can do is..u can take up a good job..create some bank balance and then invest in ur ideas!!!
 

Malika.Munjal

Par 100 posts (V.I.P)
well, it depends actually. But one thing is for sure, good innovative ideas do not always require money. some ideas are so gud and innovative , that they inturn try to minimise costs and capital.
 
Top