Do you think money is the only motivating factor when starting a business?

[Taimoor Jutt]

Yes a big Yes, because our purpose to start any business is getting profit and earn money , if you do not earn money and just try to happy people or customers then you will be failed. My neighbor start a business of cloth selling and he gave a lot of things almost about purchase rate and now he is back at previous business. So money is 1st priority

 

[Oluwasube]

money is not only the motivating factor to starting a business idea vision, goal and objective and also be a motivating factor for you to start a business which encourage you it makes you feel accomplish of what you have done.

Profit making is part of the reasons some people go into business. Some people actually go into business to solve people's problem. For example does who are into production of crutches sees it as an alternative to aid movement hereby creating value and profit comes thereafter.

 

[Asad Ali]

Money is not the only reward when starting a company but it is very important to do so when others compliment it. For anyone who wanted to set up a factory for a nylon bag would have rubber which is the main raw materials. The closeness to water should not be over emphasized as one of the materials we need to create. The market is very important because the next step is to sell and get good profit after u generated products.

 

[Jokko]

Money is not the only motivating factor when setting up a business. however, it is one of the most important factors. I think resilience, focus and creativity should be a driving force.

 

[Sincerem]

When starting a business money is an important factor,but there are also other factors to consider if you want your businesses to attain greater heights. Without money you cannot start any business and without business planning your business will not achieve its goals.

I know money drives us the most when starting business initiative but we shouldn't forget that we should thing for ways to drive the money in. Their must be some working to improve our business overall and drive our business set goals.

 

[Prettyjanie]

Money is not the only motivating factor when starting a business. Some people have their different reasons for going into business. Some just do it because they have the passion for the business, and they derive satisfaction in doing it.

 

[Sad56]

I think we go for business just because of earning money or profit. Yes sometimes you look at getting customers in your business so by means of attracting customers we do concession and offers just sacrifice our more profit.
But yes money is important and prior

 

[manikk786]

No ! I don't think so,
Because you should have enough experience to start any kind of business,and you should also have full support from your family and other linked persons,just money is nothing,knowning about business will help you to do business.motivation come from taste of business.

 

[Asma]

No money is not only motivate factor for a business money is necessary for starting a business, money can help just for stand up business not to do idea for a business motivate factors is disiplain, creation, mind set for a business.

 

[Chibson]

Starting a business money is one of the motivating factors absolutely and of course if you have got the money to start a business you won't worry about financing again. Another motivating factor is knowledge, if you have knowledge of the business you are going into of course you'll be absolutely motivated because you know you will succeed.

 

[zenith]

Apart from money one must have passion for that business,If you don't it will be hard to succeed because the much needed effort will not be there.consistent and hard work are another thing to have in order to succeed in the business world.

 

[Noor khan]

Nope, money is not the only necessity factors to look at when starting a business, although is one of the most important. Knowledge about the business is important then money follows then you now talk of the location and strategies to use.

Yes you are right and money is not the only motivating factors when start a business but it is very important to have it while others will compliment it. For if someone wanted to establish a nylon bag factory he has to have rubber which happened to be the major raw materials put in place. Nearness to water as one of the materials we need to establish it should not be over emphasized. The market is very important because after u produced goods the next stage is to s place to sell and getting good profit.

 

[Irfanali]

Money is a short-term stimulus and its appeal is limited

Yes, money is necessary, but it comes with any job expectation. People expect fair wages to be paid, and without it, no amount of wages can attract or retain employees.

 

[Chumzy]

The truth is if you go into any business of any sort with one drive. Money, then you will most likely want to get out in a short while except you are lucky. Money is not a bad goal but then there should be something else to keep you going.

 

[Sariana23]

The profit in the business may or may not be instantaneous. . The important thing is to give the company the necessary push, invest the profits to strengthen its roots. Over time, with enough stability, you can enjoy financial success. Therefore, money is important, but stability is more.

 

[Waqas wajid]

Yes, sir, you are right. There is money. Motivation is created in a person. When a person starts making money, he is satisfied with that money. He wants to do the work that brings in the most money, so the motivation level is important in getting money. When we get the benefit, we get motivated. That's why we want to get more Take advantage

 

[Planet408]

Money should not be the only motivating factor when starting a business. Truly, we need money because it is essential in our daily living but only the love for money can't sustain a business in the time of challenges because business comes with challenges atimes. The love and passion you have for the business will of course keep you pushing further to become a better person in challenging times.

 

[Salman]

It works, but studies show that only the prospect of receiving money in the near future is a strong enough motivator to change behavior. Once the employee receives the money, its power to motivate ends very quickly. ... Money is important, but we all want and need more than compensation alone.

 

[Seun4luv]

Money is a short-term motivator and has limited appea, money is important, but that comes as a standard expectation with any job. People expect to be paid a fair wage, and without it, no amount of perks can attract or retain employees.

 

[Ralphjoe]

Money cannot be the only motivation for starting a business but although it is actually the biggest motivation for starting a business. There are so many motivations for starting a business of which some of them are satisfaction of having your own business and also the prestige that comes with being an owner of a business.