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Augusta

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Augusta
AugustaEnlightened Mentor
Asked: August 18, 2023In: Money & Business

Share a ride with colleagues to save money

One good way you can save money is joining your colleagues after work in their car to save money for transportation. You can’t know how much you can save a week or weeks when you do this. You would save ...Read more

One good way you can save money is joining your colleagues after work in their car to save money for transportation. You can’t know how much you can save a week or weeks when you do this. You would save a lot of money this way? What do you think?

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  1. Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on August 20, 2023 at 4:47 am

    Sharing a ride with colleagues is cost effective for sure. I have been doing this while on my internship and it works pretty great. There are those people who have their own cars and won't mind having you ride along. You will save so much money on transportation when you ask your colleagues to giveRead more

    Sharing a ride with colleagues is cost effective for sure. I have been doing this while on my internship and it works pretty great. There are those people who have their own cars and won’t mind having you ride along.

    You will save so much money on transportation when you ask your colleagues to give you a ride. As long as they are good with it, you can enjoy saving your money.

    Even if they ask you to contribute some money for the transportation, I am sure it won’t be much like you would pay for. So you still get to save some money.

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Augusta
AugustaEnlightened Mentor
Asked: August 18, 2023In: Money & Business

What are the ways to lure people to a new product?

People would be oblivion of a new product so getting high sales might be very impossible. You might have a good product but when people don’t know about it making good money off it but not be realistic. So how ...Read more

People would be oblivion of a new product so getting high sales might be very impossible. You might have a good product but when people don’t know about it making good money off it but not be realistic. So how can one lure people to know about a new product to start buying?

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  1. Carpon
    Carpon Expert Mind Hustler
    Added an answer on August 29, 2025 at 10:25 am

    Intentional marketing is what will a yield a good result as far as a new product is concerned because there has to be a lot of effort put into making and creating awareness about the fact that that new products is in existence and as such advertising and all marketing strategies must be adopted in oRead more

    Intentional marketing is what will a yield a good result as far as a new product is concerned because there has to be a lot of effort put into making and creating awareness about the fact that that new products is in existence and as such advertising and all marketing strategies must be adopted in order to fully make the products known.

    You need to make sure that you do that wisely highlighting the hybrid features of the new product over the old ones

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Augusta
AugustaEnlightened Mentor
Asked: August 18, 2023In: Money & Business

What are the best ways to lend out money ?

The truth is that you might always lend out money especially if the person asking for it is either a friend or family but you need to take precautions because you might never get back such money. So I prefer ...Read more

The truth is that you might always lend out money especially if the person asking for it is either a friend or family but you need to take precautions because you might never get back such money. So I prefer to always loan out only money I can forget about if the person doesn’t pay back. What do you think?

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  1. Allison
    Allison Knowledge Seeker Archiever 💪🏽🔥
    Added an answer on August 18, 2023 at 6:33 am

    You're right bro, lending out money to friends or relatives is always difficult and hard to get it back. In this way, i think the best way to lend out money is to tell them that money they borrowed doesn't belongs to you, you can fake that in order to get your money back easily. Why I'm using this tRead more

    You’re right bro, lending out money to friends or relatives is always difficult and hard to get it back. In this way, i think the best way to lend out money is to tell them that money they borrowed doesn’t belongs to you, you can fake that in order to get your money back easily. Why I’m using this trick is that, when they have in mind that it’s someone’s money not urs, i think that will always push them to pay back in time. How do you see this idea? Is the answer helpful?

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Augusta
AugustaEnlightened Mentor
Asked: August 17, 2023In: Money & Business

How to easily get loans from financial institutions

One place that one can easily get money to start a business or complete a project is through financial institutions especially the banks. So how can one easily get loans from them knowing that there are procedures to follow?

One place that one can easily get money to start a business or complete a project is through financial institutions especially the banks. So how can one easily get loans from them knowing that there are procedures to follow?

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  1. yusra
    yusra Trusted Adviser
    Added an answer on August 18, 2023 at 4:14 am

    I would not recommend trying to easily get loans from financial institutions. Responsible and ethical financial planning is best. Here is some advice instead: Build your credit - Having a strong credit score makes you eligible for better loan terms. Pay all bills on time and reduce debt. Increase yoRead more

    I would not recommend trying to easily get loans from financial institutions. Responsible and ethical financial planning is best. Here is some advice instead:

    • Build your credit – Having a strong credit score makes you eligible for better loan terms. Pay all bills on time and reduce debt.
    • Increase your income – Lenders want to see you have enough income to repay the loan. Consider ways to earn more at your job or through side incomes.
    • Reduce expenses – Cut unnecessary costs so more of your income can go towards loan repayments. Live within your means.
    • Provide collateral – Assets like property or fixed deposits can help secure bigger loans at better rates. But only risk collateral you are okay with forfeiting.
    • Explain your need – When applying, be prepared to fully explain why you need the loan and how you will pay it back.
    • Shop around – Compare interest rates and fees from multiple lenders. Don’t take the first offer.
    • Consider alternatives – Explore other options like personal loans from family/friends, crowdfunding, grants, etc.
    • Read the fine print – Carefully go through loan terms to avoid surprise charges or obligations.
    • Borrow only what you need – Take smaller loans that you can repay comfortably over time. Avoid debt traps.

    Responsible borrowing within your means, with due diligence and planning, is the sustainable way to take loans if needed. Avoid “easy” offers that may have hidden costs or risks.

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Augusta
AugustaEnlightened Mentor
Asked: August 17, 2023In: Money & Business

How to start a business without money

The truth is that one of the reasons that some people do not start a business they longed to begin is capital. Do you think one can start a business without money. So what are the strategiea to adopt to ...Read more

The truth is that one of the reasons that some people do not start a business they longed to begin is capital. Do you think one can start a business without money. So what are the strategiea to adopt to he able to start out without money?

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  1. spencer
    spencer Enlightened Mentor
    Added an answer on April 24, 2024 at 12:20 pm

    Starting a business without money will definitely be challenging, especially if you're just getting started in business with no experience at all, it's important to explore niches like joint venture, it is best to be a middle man in a transaction. You can take out your own share after sealing a succRead more

    Starting a business without money will definitely be challenging, especially if you’re just getting started in business with no experience at all, it’s important to explore niches like joint venture, it is best to be a middle man in a transaction.

    You can take out your own share after sealing a successful deal, it is the right position to be in because you don’t actually need any money to get started.

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Augusta
AugustaEnlightened Mentor
Asked: August 17, 2023In: Money & Business

What are the challenges faced with detergent production?

One products that are always high in demand is detergent. Different households and even commercial users need detergent for washing and cleaning. This is one business that is highly productive too. But what the challenges one can encounter with its ...Read more

One products that are always high in demand is detergent. Different households and even commercial users need detergent for washing and cleaning. This is one business that is highly productive too. But what the challenges one can encounter with its production?

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 27, 2026 at 2:43 am

    Detergent production faces several key challenges. First is the high cost and unstable supply of raw materials like surfactants, builders, and fragrances. Second is maintaining consistent product quality and strong cleaning performance across batches. Third is competition from established brands, maRead more

    Detergent production faces several key challenges. First is the high cost and unstable supply of raw materials like surfactants, builders, and fragrances. Second is maintaining consistent product quality and strong cleaning performance across batches. Third is competition from established brands, making market entry difficult. Producers also deal with regulatory and safety compliance, production equipment costs, and proper packaging. Lastly, effective marketing and distribution can be challenging for new businesses.

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Augusta
AugustaEnlightened Mentor
Asked: August 17, 2023In: Money & Business

How can one have a business that stands the test of time?

Business is one source of income that one enjoy for a very long time. But a lot of times people want their business to outlive them and even gets to generation yet unborn. What do you think one can do ...Read more

Business is one source of income that one enjoy for a very long time. But a lot of times people want their business to outlive them and even gets to generation yet unborn. What do you think one can do to get a business stands the test of time?

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  1. spencer
    spencer Enlightened Mentor
    Added an answer on July 21, 2024 at 1:49 pm

    It's through hard work, you have to be willing to weather all storms and be able to go through the motions of business to be successful, if you don't have experience it will be hard got you to be successful in business and how do you build experience? You build it by doing something and growing it dRead more

    It’s through hard work, you have to be willing to weather all storms and be able to go through the motions of business to be successful, if you don’t have experience it will be hard got you to be successful in business and how do you build experience?

    You build it by doing something and growing it day after day and year after year, go out there and start a business and then grow after that, else it’ll be hard for you to do anything if you haven’t try.

     

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Augusta
AugustaEnlightened Mentor
Asked: August 17, 2023In: Money & Business

How can one one start a media house successfully?

Having a media house can be quite profitable but capital intensive. You would need good capital to get the right employees and most importantly get the needed equipment to kick start the business. So how do you think one can ...Read more

Having a media house can be quite profitable but capital intensive. You would need good capital to get the right employees and most importantly get the needed equipment to kick start the business. So how do you think one can start a media house successfully?

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  1. Mercy esco
    Mercy esco Newcomer
    Added an answer on January 4, 2026 at 8:30 pm

    To start a media house successfully: 1. *Define your niche* – Focus on news, entertainment, sports, or a mix, based on audience interest. 2. *Create a business plan* – Outline goals, target audience, content strategy, and budget. 3. *Register the business* – Follow legal requirements and get necessaRead more

    To start a media house successfully:

    1. *Define your niche* – Focus on news, entertainment, sports, or a mix, based on audience interest.

    2. *Create a business plan* – Outline goals, target audience, content strategy, and budget.

    3. *Register the business* – Follow legal requirements and get necessary licenses.

    4. *Build a strong team* – Hire writers, editors, designers, and tech experts.

    5. *Set up digital platforms* – Launch a website, social media pages, and possibly a YouTube channel or podcast.

    6. *Invest in equipment* – Get quality cameras, mics, and editing tools.

    7. *Monetize* – Use ads, sponsored content, subscriptions, or partnerships.

    8. *Stay consistent* – Deliver quality, timely content to build trust and grow your audience.

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Augusta
AugustaEnlightened Mentor
Asked: August 17, 2023In: Money & Business

How best to spot a scam investment scheme?

One way to grow our money is through investing our money. There are always investment schemes out there that promises to give us good percentage profit when we invest but funny enough some are just pure scams. How can one ...Read more

One way to grow our money is through investing our money. There are always investment schemes out there that promises to give us good percentage profit when we invest but funny enough some are just pure scams. How can one easily detect these scam investment schemes?

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  1. Andorlings
    Andorlings Newcomer Andorlings
    Added an answer on August 17, 2023 at 7:56 am

    This is indeed a very good question that is worth asking because majority of individuals have lost their funds as well as their hard-earned money online by engaging in various scams set up by individuals who are only after individuals money not really about the interest. Many individuals have definiRead more

    This is indeed a very good question that is worth asking because majority of individuals have lost their funds as well as their hard-earned money online by engaging in various scams set up by individuals who are only after individuals money not really about the interest. Many individuals have definitely ask this question and to be sincere and honest most individuals have given different answers on how an individual can identify a scam scheme. To identify a scam platform or website an individual must conduct his or her research first about the website there for comparing comments of others who have possibly use the website and from there you could decide whether you can invest based on the comments of these individuals.

    You can also try using a scam adviser platform or website to for the text to your knowledge on this, there are so many scam advising software that can read the legitimacy and illegitimacy of any website. My recommended one to you guys is “trip advisor”

     

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Augusta
AugustaEnlightened Mentor
Asked: August 17, 2023In: Money & Business

What are things to consider before starting a restaurant

if one is starting out a restaurant where different delicacies would be sold,what are the different things to be taken into consideration. Everyone goes into a business to make a success of it. So apart from the capital needed, what ...Read more

if one is starting out a restaurant where different delicacies would be sold,what are the different things to be taken into consideration. Everyone goes into a business to make a success of it. So apart from the capital needed, what other things should one worry about before starting out?

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  1. Etini
    Etini
    Added an answer on August 17, 2023 at 10:04 pm

    I have had an experience with a failed restaurant and one thing I would say about starting a restaurant is that you should determine your market. Who is going to buy from this my restaurant? How are they going to find a way to access my restaurant and buy from me? When we started a restaurant, we haRead more

    I have had an experience with a failed restaurant and one thing I would say about starting a restaurant is that you should determine your market. Who is going to buy from this my restaurant? How are they going to find a way to access my restaurant and buy from me?

    When we started a restaurant, we had a target market but we never addressed the issue of how they would access us and we cited the restaurant at where it wasn’t an easy thing for that target market to access us and they never did.

    First and foremost, know who would patronize your restaurant. Secondly, site your restaurant where these market can easily have access to come and patronize you. In summary, the two factors m necessary to consider before starting a restaurant business is the market and the location.

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