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Lens

Knowledge Seeker
Ask Lens
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78 Questions
Home» Lens»Answers
  • About
  1. Asked: September 21, 2023In: Money & Business

    Can I save money for retirement?

    Lens
    Lens Knowledge Seeker
    Added an answer on May 23, 2024 at 4:41 am

    Initially, I was hesitant to start saving for retirement, but then I realized that every little bit of money counts. Even with just $50 a month can make a big difference if you are dedicated. It is possible to save for retirement on a limited income because It’s definitely require some sacrifices, bRead more

    Initially, I was hesitant to start saving for retirement, but then I realized that every little bit of money counts. Even with just $50 a month can make a big difference if you are dedicated. It is possible to save for retirement on a limited income because It’s definitely require some sacrifices, but it’s worth it if you put your mind to it. All you need is a very good place to actualise it.

     

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  2. Asked: May 18, 2024In: Money & Business

    Why Is It Easier for Startups to get funding?

    Lens
    Lens Knowledge Seeker
    Added an answer on May 23, 2024 at 4:36 am

    I know that most of the Investors are often looking for startups with a clear competitive advantage. It is needed to display that you are different and you'll be more attractive to investors. Startups should have a dedicated team as it will make them more efficient and cost-effective as well . InvesRead more

    I know that most of the Investors are often looking for startups with a clear competitive advantage. It is needed to display that you are different and you’ll be more attractive to investors. Startups should have a dedicated team as it will make them more efficient and cost-effective as well . Investors like to see a focused and dedicated team behind all startups.

     

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  3. Asked: May 18, 2024In: Money & Business

    Why Is It Easier for Startups to get funding?

    Lens
    Lens Knowledge Seeker
    Added an answer on May 23, 2024 at 4:34 am

    I understand that the Venture capitalists and angel investors like to focus on startups because they are believed to offer higher potential returns on investment. Moreso, the startups are more likely to scale up very quickly. Most of the startups are agile and adaptable. This is what allows them toRead more

    I understand that the Venture capitalists and angel investors like to focus on startups because they are believed to offer higher potential returns on investment. Moreso, the startups are more likely to scale up very quickly. Most of the startups are agile and adaptable. This is what allows them to seek alternative options quickly if something isn’t working. This is because they are flexible and it makes them more attractive to investors .

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  4. Asked: September 6, 2023In: Money & Business

    What are the primary goals of investing

    Lens
    Lens Knowledge Seeker
    Added an answer on May 23, 2024 at 4:31 am

    My primary goal is to build an emergency fund and to also have enough money that is set aside for unexpected expenses too. Everyone wants peace of mind especially in their finances. It is great to invest to achieve a specific financial goal. A typical example is to buy a house or funding your childrRead more

    My primary goal is to build an emergency fund and to also have enough money that is set aside for unexpected expenses too. Everyone wants peace of mind especially in their finances. It is great to invest to achieve a specific financial goal. A typical example is to buy a house or funding your children’s education. There is need to make smart investments to reach your goals faster.

     

     

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  5. Asked: September 6, 2023In: Money & Business

    What are the primary goals of investing

    Lens
    Lens Knowledge Seeker
    Added an answer on May 23, 2024 at 4:28 am

    The primary goal of everybody is to generate passive income and it could be done through dividend-paying stocks and real estate investments. It is good to earn money while I sleep. Personally, I invest to beat inflation and this will help to preserve my purchasing power. Nobody wants to see their moRead more

    The primary goal of everybody is to generate passive income and it could be done through dividend-paying stocks and real estate investments. It is good to earn money while I sleep. Personally, I invest to beat inflation and this will help to preserve my purchasing power. Nobody wants to see their money lose value over time because of inflation and that is there is need for adequate financial planning.

     

     

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  6. Asked: April 22, 2024In: Money & Business

    What You Should Look For When Selecting a Mentor?

    Lens
    Lens Knowledge Seeker
    Added an answer on April 29, 2024 at 5:02 pm

    In addition to the points that were raised by the contributors, it's worth noting that a mentor who challenges you to think critically and also sets high expectations for you would definitely encourage you to grow very quickly. This is because he provides you a constructive feedback and it can helpRead more

    In addition to the points that were raised by the contributors, it’s worth noting that a mentor who challenges you to think critically and also sets high expectations for you would definitely encourage you to grow very quickly. This is because he provides you a constructive feedback and it can help you grow beyond your comfort zone as well. It is very essential to careful choose your mentor for good results.


     

     

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  7. Asked: April 22, 2024In: Money & Business

    What You Should Look For When Selecting a Mentor?

    Lens
    Lens Knowledge Seeker
    Added an answer on April 29, 2024 at 4:57 pm

    I have come to the realisation that a good mentor should not only have the knowledge and skills but the mentor should also be willing to share their experiences with other people openly and they should also be willing to do it honestly. In my humble opinion, transparency is key when it comes to mentRead more

    I have come to the realisation that a good mentor should not only have the knowledge and skills but the mentor should also be willing to share their experiences with other people openly and they should also be willing to do it honestly. In my humble opinion, transparency is key when it comes to mentorship. This is a very important quality that we should always look for or seek before we jump on anu mentorship program.

     

     

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  8. Asked: April 22, 2024In: Money & Business

    What You Should Look For When Selecting a Mentor?

    Lens
    Lens Knowledge Seeker
    Added an answer on April 29, 2024 at 4:50 pm

    Honestly, one important thing to lookout for when selecting a mentor is choosing the right mentor  and this can be quite challenging. This would definitely make a significant difference in your personal and professional growth if you choose rightly. In addition, It's worth mentioning that finding aRead more

    Honestly, one important thing to lookout for when selecting a mentor is choosing the right mentor  and this can be quite challenging. This would definitely make a significant difference in your personal and professional growth if you choose rightly. In addition, It’s worth mentioning that finding a mentor that aligns with your goals and values is crucial and it makes a significant change as well.

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  9. Asked: April 22, 2024In: Money & Business

    Should you rent furniture for a rented apartment?

    Lens
    Lens Knowledge Seeker
    Added an answer on April 29, 2024 at 4:40 pm

    To put it in a simply way , renting  furniture would offers the flexibility to change your decor style or you can even upgrade to newer pieces because there trends of furniture designs evolve and this gives you the opportunity storing bulky items. You can easily move on to a new furniture designs. TRead more

    To put it in a simply way , renting  furniture would offers the flexibility to change your decor style or you can even upgrade to newer pieces because there trends of furniture designs evolve and this gives you the opportunity storing bulky items. You can easily move on to a new furniture designs. This is what makes this option a perfect choice for so many people.

     

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  10. Asked: April 22, 2024In: Money & Business

    Should you rent furniture for a rented apartment?

    Lens
    Lens Knowledge Seeker
    Added an answer on April 29, 2024 at 4:33 pm
    This answer was edited.

    I just discovered that what might seem like an extra expense would be a thing that could actually save you lots of money in the long run, most especially if you try to consider the time and the effort that is  saved because there is a ot of stress involved in having to buy and transport the furniturRead more

    I just discovered that what might seem like an extra expense would be a thing that could actually save you lots of money in the long run, most especially if you try to consider the time and the effort that is  saved because there is a ot of stress involved in having to buy and transport the furniture. This is a very good reason for  using this option.

     

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