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

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We have always read or heard different logics requirements to run a
business
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from many established
people
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. Though many
people
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point it out how knowing mathematics is necessary to succeed. But is knowing
maths
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for
this
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job type really necessary? And in
this
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essay, we will argue how succeeding in
business
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is not dependent on
maths
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. 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
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or profit and losses. And all these areas should be strong for an individual who wants to do something in
this
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specific field.
For instance
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, 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
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as Myntra and Flipkart. But Reliance trends was already famous walk-in clothing lines,
hence
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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
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calculated risk, succeeded and “Ajio” is
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s
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the
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econd largest
ecommerce
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e-commerce
eCommerce
online for purchasing clothes.
Hence
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,
this
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financial risk is only possible when you understand the percentage required to invest to
such
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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
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, though a
business
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would definitely have an upper-hand if they have
an
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a
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proper
idea
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about the
market
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as well as the numbers they need to grow in it,
but
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apply
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the
idea
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that knowing
maths
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is a “need” is preposterous. To start a
business
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, one needs intellect and an “
idea
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”, because these together can start to make the way for you. And major requirement here is an investor for that
idea
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, 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
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, if the
idea
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starts selling, a
business
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will grow automatically,
further
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investments and growth
is
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are
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dependent on learning the
market
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, which the individual will start learning the moment, he/she sets his or her foot on the
business
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field.
For example
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, Reliance creator Late Dhirubhai Ambani started his
business
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by selling fabrics, he never finished his schooling but slowly understood how the
market
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works, and most importantly how persuasion plays a key role in it and later started growing his
business
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in different sectors. Did he need numbers? Yes! But did he had to do the math to succeed? No, he had
people
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who did it for him, but to reach that point, his knowledge about the
market
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, and
idea
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on where to focus on
next
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played the key part.
Thus
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, the statement that Math being a need could potentially de-motivate many
such
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entrepreneurs who
has
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have
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big dreams and intelligent ideas to succeed in life. In conclusion,
people
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who suggest
such
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a thing has a flawed understanding and can in many ways discourage our young generation to think out of the box.
Finally
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,
this
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essay has argued how succeeding in
business
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one doesn’t necessarily
needs
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need
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to know
maths
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.

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Word Count

IELTS says that you should write a minimum of 250 words in writing task 2. If you go under word count you will lose marks in task response.

A very long essay will not give you a higher band score.

Aim for between 260 to 290 words in writing task 2. This will ensure a concise essay and will be realistic in terms of time management. You have only 40 minutes to write the essay and you need around 10 minutes of planning time, so you will not be able to write a long essay in 30 minutes.

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