Should I bother about capital first or about market first?

[King Belieal]

For someone that has an untried business idea, is it safe for the person to bother about sourcing for capital first or they should try to see if they can secure a market for that product first? I always believe that capital can always come but getting the market is very important.

 

[Springtime]

Both are important. But if you do not have the necessary capital, even there is market demand for your products, you cannot meet with the demand.

 

[King Belieal]

Both are important. But if you do not have the necessary capital, even there is market demand for your products, you cannot meet with the demand.

What then happens when you have a very laid out business and there is no market to sell to? I have been a victim of that and that is how my business closed down at first.

 

[Fidelia]

Just work on securing the two at the same time. There is no one that should be in the back burner. Capital and market is important.

 

[Stardom22]

I think both of the two variants are very important to consider when starting out the business. However capital without the proper marketing strategies is in vain.

 

[eLdavis]

I think before before investing your capital, it would be better you first take out time to search if there is actually a market for your business.

 

[Kross]

Bother about the market first. It would help your business to establish when you already have a market before starting.

 

[Stardom22]

I think the best thing to do is the location for the market of the business. After which one can look out for the capital to start the business straight forward.