To succeed in a business, one needs to know maths. What extent agree/disagree

We have always read or heard different logics requirements to run a
business
from many established
people
. Though many
people
point it out how knowing mathematics is necessary to succeed. But is knowing
maths
for
this
job type really necessary? And in
this
essay, we will argue how succeeding in
business
is not dependent on
maths
. On one hand, we have many established businesses who claim knowing numbers is the only way to run the organization and climb the ladder
,
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apply
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because there are certain things which they should always be aware
about
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of
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whether its stock
market
or profit and losses. And all these areas should be strong for an individual who wants to do something in
this
specific field.
For instance
, Reliance invested on “Ajio” shopping app, it was not known previously nor had many customers who were interested as many other giants were already in the picture
such
as Myntra and Flipkart. But Reliance trends was already famous walk-in clothing lines,
hence
and
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an
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easier access on an app would increase the users and the profit for the company as well. And
this
calculated risk, succeeded and “Ajio” is
s
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the
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econd largest
ecommerce
Correct your spelling
e-commerce
eCommerce
online for purchasing clothes.
Hence
,
this
financial risk is only possible when you understand the percentage required to invest to
such
purchase, which can help in the growth as well as understand the recovery rate in case they suffer a loss in case it goes the other way.
On the other hand
, though a
business
would definitely have an upper-hand if they have
an
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a
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proper
idea
about the
market
as well as the numbers they need to grow in it,
but
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apply
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the
idea
that knowing
maths
is a “need” is preposterous. To start a
business
, one needs intellect and an “
idea
”, because these together can start to make the way for you. And major requirement here is an investor for that
idea
, rest to calculate a risk or predicated profit or loss can be done by hired finance folks,
its
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it's
it is
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not a dead-end requirement that the person needs to know mathematics to achieve that success.
Consequently
, if the
idea
starts selling, a
business
will grow automatically,
further
investments and growth
is
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are
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dependent on learning the
market
, which the individual will start learning the moment, he/she sets his or her foot on the
business
field.
For example
, Reliance creator Late Dhirubhai Ambani started his
business
by selling fabrics, he never finished his schooling but slowly understood how the
market
works, and most importantly how persuasion plays a key role in it and later started growing his
business
in different sectors. Did he need numbers? Yes! But did he had to do the math to succeed? No, he had
people
who did it for him, but to reach that point, his knowledge about the
market
, and
idea
on where to focus on
next
played the key part.
Thus
, the statement that Math being a need could potentially de-motivate many
such
entrepreneurs who
has
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have
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big dreams and intelligent ideas to succeed in life. In conclusion,
people
who suggest
such
a thing has a flawed understanding and can in many ways discourage our young generation to think out of the box.
Finally
,
this
essay has argued how succeeding in
business
one doesn’t necessarily
needs
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need
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to know
maths
.
Submitted by bhattacharyatania0 on

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