What's more important? Having Sufficient Capital or Getting to Market First?
Say you want to embark on a new business venture in an area where you will be the first one of it's kind to open. You have enough funds to open up and get the ball rolling, maybe cover operating expenses for maybe six months before crashing and burning if things don't work out.
Other option is you wait it out about a year or so to accumulate the funds needed to be in a more comfortable spot where you can ride things out for say a year or longer without being profitable.
Option A gives almost no wiggle room for error Option B allows for some error but also risk not being first to market.
Discuss?
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