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Topic : How to Start a Successful Startup?
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Created by : Akhilesh Kumar, HR Officer, Hayat Communications  | 04 01 2010 16:27:50 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : Strategy Execution(Strategy & Execution)
Activity:  1470 views;  last activity : 06 30 2012 21:52:22 +0000
 
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Top Argument
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Human Capital is most important to start a company...


By Akhilesh Kumar, HR Officer, Hayat Communications  04 01 2010 16:27:50 +0000
 
Top Argument
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It is the business idea which is more important. With proper business plans many businesses have found necessary capital and manpower.


By Prasad PN, Zonal Sales Manager  04 02 2010 05:11:59 +0000
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You need a little of both. It's a mixture of the two. In some types of businesses or situations you might need more money than people. On the other hand, you need more people than money.

There are many businesses that can be started without any extra people or extra money. But you need to start off with how many people will be involved.

~Management Consulting Services:

www.CEOBusinessManagementSolutions.com 


By Business Management Consultant, : I can provide you with Management Consulting & Counseling Services  | 06 30 2012 21:52:44 +0000
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HUman capital and thier passion surpasses all other ingredients for a start up company. Thier ideas , patience and willingness to go perform  beyond expectations is something that makes a start-up successful .


By Shaikh Mohd. Laeeq, Technical Associate R&D , ThinkLABS Technosloutions Pvt. Ltd.  | 04 16 2010 10:25:43 +0000
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Finance is important for run business. But idea with new thought also important
By PRAVAT KUMAR DAS, Hardware Installation Technician, BSNL  | 04 16 2010 09:35:56 +0000
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ahmm frd this is very difficult decession take decession between wife and mother who love u best . but the oneside my oponion goes with finance. if u arrange a money. human capital developed itself. u no need to worry about it
By gagan rekhi, Senior Associate bpo last 1 year  | 04 15 2010 21:56:40 +0000
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Govt. is ready to finance new entrepreneurs if they are ready to come with starting an organization,so finance is not a problem.Coming to Human resource there are plenty of people available without jobs.So , i feel there is more need of entrepreneurs - who may be a part of human resource, therefore Human capital is more important.
By sudhir , Design Engineer, Infosys Technologies  | 04 15 2010 16:51:43 +0000
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without good people an organisation cannot survive n excel , money can create the infrastructure but can not perform.


By dinesh kumar sharma, ZONAL SALES MANAGER - NORTH, WOCKHARDT LTD  | 04 15 2010 16:30:47 +0000
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Hi Ashutosh... yes finance acts like blood in human body... but can you generate finance without human capital to start a business/company.. Human capital means your good relationship with human being they may be your parents, your brother or sister .. your friends.. your teacher.. your peers etc.. if you have good human capital and you then you can generate finance to start a company.. if you don’t have it’s very difficult... .


By Akhilesh Kumar, HR Officer, Hayat Communications  | 04 02 2010 07:20:39 +0000
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Dear Mr. Prasad.... yes i do agree it’s business idea which is more important... but question here is if you have a very good business then what is more important human capital or finance? After business idea...  i would like to emphasis that i am talking about human capital or finance...


By Akhilesh Kumar, HR Officer, Hayat Communications  | 04 02 2010 07:15:00 +0000
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I would say that Finance is very important to start up a Business as this will help you run your day to day operations for I know companies which have shut down for lack of finance and all the Human capital leaving for not getting pay
By Manjunath Kumarswamy, Account Manager, Shiksha Infotech Pvt Ltd  | 04 16 2010 06:12:36 +0000
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Of course, Money is the most important factor to start a company. Investement is the key to start a company as without that you cannot even regsiter or start the company. A place should be rented or hired to start the business and this will also require some investment in the form of money. Infra structure is also one of the required factor to start the busineess which inturn also needs the investement. After that we can hire the manpower which is required. Even for hiring the manpower there should be some investment for salaries and their benefits.


By Surya Josyula, Asst. Manager - Operations, Genesys International  | 04 16 2010 04:43:41 +0000
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Money is most important for starting for a company. Human resources can be arrange but money not. So I can say that finance is must then human.


By Vinod Singh Dandotiya, Assistant Resident Engineer, MCPL  | 04 06 2010 14:25:39 +0000
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In 2days mkt, u can even think of nething without a strong backhold financially


By Sujay Narayan Das, Project Co-ordinator, Starlite Infotech Ltd.  | 04 06 2010 01:01:17 +0000
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Well I support this argument, if the new business is to explore the opportunities in an exisiting industry or based on an already successful model of business then capital is what you need more and you can buy human capital but if its a new idea and a new model you will need a lot of human capital support to make it work...


By Sreeraj Radhakrishnan Nair, Financial Accountant, Juniper Networks  | 04 05 2010 14:57:21 +0000
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Hi Akhilesh good debate but its difficult to take a side since both are important. But compared to human capital finance is more important for starting a business. You need sufficient money to develop a business after which the need for human capital arises. So be strong financially to start a company..........

Thanks...... :)    


By Kriti Das, HR Manager, ANZ Information Technology  | 04 05 2010 10:43:30 +0000
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To start a company - U need money ( i m not discussing here how to raise the money- whether personally or thru banks) U need money to start and run and also to suffer losses if it so happens. For instance  go to a bank and tell them u have 40% and ask them to loan 60%, they are more likely to assist you. Try telling them u have very good ideas/manpower etc and want 100% loan- they will politely refuse u.

Todays economic situation has shown  us the reality- its the shortage of cash, not the ideas or manpower which has led to the recession.

I conclude by saying-if u have the money, the best person to manage your business can be "bought" at the right price.


By Suresh RV, INTERESTED IN OPPORTUNITIES WITH REAL ESTATE DEVELOPER/CONSULTANTS, EXPLORING OPPORTUNITIES  | 04 02 2010 09:24:41 +0000
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finance is most important. it acts like a blood in human body


By Ashutosh Shrivastava, IT Executive, Dr Batras' Postive Health Clinics Pvt Ltd.  | 04 02 2010 04:23:37 +0000
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