Money is a tool, not inherently good or bad
For a capable commander, the more troops you have, the better; for an incompetent one, a larger army backfires even harder. What's the proper approach? Step by step. When someone lacks the ability to make money, your job isn't to hand them cash—it's to give them opportunities, to let them climb gradually from platoon leader to division commander.
What should capital investment look at?
What business have you actually made money in? How much have you made? What was your prior profit model? What's the profit model for whatever you're planning to do now? How do you prove that right now, aside from lacking money, you have everything else—talent, projects, team, opportunity? If you're looking to hire more people, you need to demonstrate a working profit model and show your income covers your expenses; if you're moving to a new office, you need to prove your finances are healthy enough to afford it.
Capital is only accountable to you when you've proven you can lead a platoon—that's when I'll hand you a company.
Earn money well, put that money to work, and hire people to get things done.
