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When launching a new business, do you think having patience matters more than having skill
When starting a business, it is a good idea to have both. But in my own opinion I believe that it is vital to have patience. Think of skill as the engine of a car. You need it to move. Think of patience as the fuel. You can have the best engine (skills), but if you run out of fuel (patience) after oRead more
When starting a business, it is a good idea to have both. But in my own opinion I believe that it is vital to have patience.
Think of skill as the engine of a car. You need it to move. Think of patience as the fuel. You can have the best engine (skills), but if you run out of fuel (patience) after one week, you go nowhere.
Patience is what keeps you going when the first week you make zero sales. Patience is what stops you from quitting when technology frustrates you. Patience is what allows your business to grow. Many business owners lack patience which is why they shutdown on the verge of breakthrough.
When you are about to start a business you can envisaged overnight success but this is only fantasy. Building anything valuable takes time. A business is like raising a child—you don’t expect a 2-year-old to pay rent. You nurture it, feed it, and educate it. After years, it grows. Patience is the mother of growth.
‎You need to learn relevant skills because this is needed to keep the boat of your business unsinkable. It gives you an edge over competitors. A business cannot do well without good skills that’s what keeps the customers coming back. It is also what gets you recommendations.
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‎Start first. Be patient second. Get the skills. Don’t ever stop learning.
When launching a new business, do you think having patience matters more than having skill
When starting a business, it is a good idea to have both. But in my own opinion I believe that it is vital to have patience. Think of skill as the engine of a car. You need it to move. Think of patience as the fuel. You can have the best engine (skills), but if you run out of fuel (patience) after oRead more
When starting a business, it is a good idea to have both. But in my own opinion I believe that it is vital to have patience.
Think of skill as the engine of a car. You need it to move. Think of patience as the fuel. You can have the best engine (skills), but if you run out of fuel (patience) after one week, you go nowhere.
Patience is what keeps you going when the first week you make zero sales. Patience is what stops you from quitting when technology frustrates you. Patience is what allows your business to grow. Many business owners lack patience which is why they shutdown on the verge of breakthrough.
When you are about to start a business you can envisaged overnight success but this is only fantasy. Building anything valuable takes time. A business is like raising a child—you don’t expect a 2-year-old to pay rent. You nurture it, feed it, and educate it. After years, it grows. Patience is the mother of growth.
‎You need to learn relevant skills because this is needed to keep the boat of your business unsinkable. It gives you an edge over competitors. A business cannot do well without good skills that’s what keeps the customers coming back. It is also what gets you recommendations.
See less‎
‎Start first. Be patient second. Get the skills. Don’t ever stop learning.
What is the difference between a savings and a checking account?
A savings account is supposed to be used for saving up funds. There should be less frequent withdrawals and more deposits to it as the name implies. There's always a limit to the amount you can withdraw from it. It yields interest on the monthly balance A checking account on the other hand is supposRead more
A savings account is supposed to be used for saving up funds. There should be less frequent withdrawals and more deposits to it as the name implies. There’s always a limit to the amount you can withdraw from it. It yields interest on the monthly balance
A checking account on the other hand is supposed to be used for everyday expenses with more withdrawal access using checks, debit card, internet transfers etc. It usually has little or no interest.
But we often use both accounts in the same way, our savings account is usually our everyday expenses account.
See lessWhat are the signs I should look out for to spot a "Get-Rich-Quick" scheme before I commit my time or money?
If you have been in the internet space long enough you would have noticed that most earning opportunities are ponzi schemes. The first red flag to look out for: If they promise you outrageous interest on investment please be careful that's the easiest way to catch them. If it sounds too good to be tRead more
If you have been in the internet space long enough you would have noticed that most earning opportunities are ponzi schemes.
The first red flag to look out for: If they promise you outrageous interest on investment please be careful that’s the easiest way to catch them. If it sounds too good to be true it probably is.
Second: If the website is new but lies that they have been around for long run!
Third: Most of these websites have the same look and user interface, if you have fallen for one before be not deceived its probably the same website rebranded.
Fourth: If the owners can not be traced it’s almost always scam
Fifth: If the trust score is low run.
If you don’t understand how they generate income it’s always through robbing Peter to give Paul. Never share your sensitive details with websites you don’t trust.
Most good investments promise about 15-25% interest per annum and they deliver. If you don’t want to see your money go down the drain go slow and steady. Patience is key.
See lessHow do I develop my writing skills
To develop your writing skills you need to read a lot. When reading, read with an open mind and eyes. Read technical manuals, classic fiction, long-form journalism, and poetry. Each teaches a different rhythm. Reading is how you grow and build vocabulary and depth. Write consistently, a few words saRead more
To develop your writing skills you need to read a lot. When reading, read with an open mind and eyes. Read technical manuals, classic fiction, long-form journalism, and poetry. Each teaches a different rhythm.
Reading is how you grow and build vocabulary and depth.
Write consistently, a few words say 200 everyday. This is better than writing thousands of words once a month.
See lessClarity is the ultimate sophistication. If you can explain a complex idea using simple words, you’ve mastered the subject. You don’t need big grammar. Readers get bored when they don’t understand half the things you are saying.
Edit ruthlessly, remove unnecessary lines and filler words. When reading your work, read out loud. If you enjoy your writing others will.
Just show up daily and you’ll keep building your writing muscles.
Can Expense and Bills Hinder Savings?
By bills you mean necessary expenses? Sometimes saving up can be very painful especially when your income isn't very high. Even if you are earning high income saving can be difficult because as your income increase so will expenses. To save when your income is low requires self-control and disciplinRead more
By bills you mean necessary expenses? Sometimes saving up can be very painful especially when your income isn’t very high. Even if you are earning high income saving can be difficult because as your income increase so will expenses.
To save when your income is low requires self-control and discipline. *You need to determine the percentage of your salary you’ll be saving every month.
*Before using your salary for anything else first remove the pre-determined amount.
*Treat it as something out of reach: never ever touch it no matter what. Once the remaining money finishes, then you are broke. Keep your mind away from it.
One thing that makes it easier is to have a target: mindless savings ends up in the drain. Have a purpose a solid reason for the saving.
See lessWhere can a student managing life can get cheap good clothes
You did not tell us your location. I believe that every state has a market where thrift clothes are sold. Buying thrift clothes is a good way to dress well on budget. It is easy to find sellers scattered everywhere around town. But they might not have the ones that suits you. Finding a market that fRead more
You did not tell us your location. I believe that every state has a market where thrift clothes are sold. Buying thrift clothes is a good way to dress well on budget.
See lessIt is easy to find sellers scattered everywhere around town. But they might not have the ones that suits you. Finding a market that focuses mostly on thrift clothes offers the opportunity of choice.
Make sure you only buy first grade clothes. These are almost always good as new, and you can rock them with steaze after washing and ironing them.
Have you tried making money playing games?
I have tried making money playing games but most of those games are a disappointment. I have been on many platforms where you earn money quickly initially and as you get closer to the withdrawal threshold it becomes extremely difficult to earn. In my opinion most of these platforms are scammers. ButRead more
I have tried making money playing games but most of those games are a disappointment. I have been on many platforms where you earn money quickly initially and as you get closer to the withdrawal threshold it becomes extremely difficult to earn. In my opinion most of these platforms are scammers.
See lessBut there was this one that was outstanding it’s called “freecash” it pays to play games and the games were very interesting. It wasn’t very difficult to get to the cash out. But I ran into a problem. I registered using a VPN, because I wanted to earn faster I lied about my location. I was asked to provide a government issued Id before cash out so I wasn’t able to cash out. I read many positive reviews about them but you can’t lie about your location.
How can someone start investing with little or no capital?
‎ ‎We have been programmed to believe that it takes money to make money. While that’s true for starting a business, the stock market or real estate, it’s a myth when it comes to the digital age. If your bank account is empty but your skill set is full, you have the most valuable asset of all: IntellRead more
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‎We have been programmed to believe that it takes money to make money. While that’s true for starting a business, the stock market or real estate, it’s a myth when it comes to the digital age. If your bank account is empty but your skill set is full, you have the most valuable asset of all: Intellectual Property.
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‎The world in which we live now is a content based world. People are everywhere consuming content in the form of music, videos, books, games you name it.
‎If you can build a birdhouse, cook, write code, or organize a closet, you have a marketable talent. The first step to investing that talent is creating a digital footprint. Platforms like YouTube and TikTok act as your portfolio and your storefront simultaneously.
‎ * The Benefit: High views translate into ad revenue (interest on your time).
‎ * The Bonus: It establishes you as an authority, leading to sponsorships and partnerships.
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‎The beauty of a talent-based business is that you “build once, sell forever.” Instead of trading hours for cash, you can package your knowledge into:
‎ * Online Courses: Deep dives into how you do what you do.
‎ * E-books & Guides: Quick-start manuals for beginners.
‎ * Printables: Templates, checklists, or art that users can download instantly.
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‎ It doesn’t add up magically though, because in a traditional job, you are paid immediately or on weekly or monthly basis for your time, but when investing talent, your work often sits in a vacuum before the results show up. This is called “the lag effect”
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‎Think of the Lag Effect as the “incubation period” for your efforts.Persistence is the daily grind of producing content when no one is watching, while Patience is the mental discipline to wait for those efforts to compound. Essentially, you have to work like a professional for months or years before the “interest” on your talent finally starts to pay out.
‎Don’t wait for a “lucky break” or a loan to start your journey. If you have a talent, you have a business. The only thing standing between your current situation and a profitable portfolio is the willingness to start creating and the patience to let it grow.
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Between saving and investing, which is better for beginners and why?
First you need to have a budget. If your aim is to build wealth you need a lot of discipline to avoid unnecessary spendings. Saving is your best bet. Depending on your country there are apps that offers interest on savings, all you need is to research the one that works best for you. Create differenRead more
First you need to have a budget. If your aim is to build wealth you need a lot of discipline to avoid unnecessary spendings. Saving is your best bet. Depending on your country there are apps that offers interest on savings, all you need is to research the one that works best for you. Create different saving plan fixed, target etc.
See lessWhen you have saved enough you can start investing. Please be wise when it comes to investments. Avoid get rich quick and ponzi schemes. Slow and steady does it.