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De Mogul

Expert MindA student
Ask De Mogul
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Home» De Mogul»Answers
  • About
  1. Asked: September 22, 2023In: Money & Business

    How can a small business compete with larger competitors?

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 13, 2025 at 12:11 pm

    To compete with larger companies who are doing the same thing you are doing is very possible. But you have to be very patient and hardworking to make it work First of all you need to know you can't fight them off easily so you have to pick your fight and target the audience you know you can satisfyRead more

    To compete with larger companies who are doing the same thing you are doing is very possible. But you have to be very patient and hardworking to make it work

    First of all you need to know you can’t fight them off easily so you have to pick your fight and target the audience you know you can satisfy much better in a short period of time.

    When you find that part of your business then you make sure that your quality is far more superior than the ones made by the bigger company.
    You get more customers bit by bit and with time you will win the whole market.

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  2. Asked: May 29, 2024In: Money & Business

    What are The Main Challenges of Running a Business?

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 13, 2025 at 12:09 pm

    The biggest challenge when it comes to running a business is not actually getting the capital or finding a nice location. But the main challenge is having customers who will always patronize you and become loyal to you. This is because if you don't have customers your business will never grow at allRead more

    The biggest challenge when it comes to running a business is not actually getting the capital or finding a nice location.

    But the main challenge is having customers who will always patronize you and become loyal to you. This is because if you don’t have customers your business will never grow at all.
    So you have to find a way of having new customers and also pleasing your existing customers to make them feel good

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  3. Asked: September 18, 2023In: Money & Business

    Should you rent a warehouse for your goods?

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 13, 2025 at 12:07 pm

    Renting a warehouse is very good and helps your business especially when you want to buy in bulk. It allows your main shop to have this space that makes it looks very attractive and beautiful, and this makes your customers to be very comfortable around your shop. It can also help you to make a lot oRead more

    Renting a warehouse is very good and helps your business especially when you want to buy in bulk.

    It allows your main shop to have this space that makes it looks very attractive and beautiful, and this makes your customers to be very comfortable around your shop.

    It can also help you to make a lot of profit because you can buy a lot of product when they are very cheap and store them till they become expensive.

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  4. Asked: August 13, 2025In: Jobs, Career & Freelancing

    What's the fastest way to get a laptop when you can't afford it?

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 13, 2025 at 12:05 pm

    If you can't afford a laptop my best advice to you is to save that money and add more to it so that you will get a very good laptop that is at least portable. When you buy an item when you are not financially ready and because of that squeeze yourself to go and buy it by all most times it doesn't enRead more

    If you can’t afford a laptop my best advice to you is to save that money and add more to it so that you will get a very good laptop that is at least portable.

    When you buy an item when you are not financially ready and because of that squeeze yourself to go and buy it by all most times it doesn’t end well.
    The reason is that you end up buying a very cheap product that has a fault which will make you not enjoy the product

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  5. Asked: August 13, 2023In: Money & Business

    Quick ways to make money online

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 13, 2025 at 12:03 pm

    The fastest way to make a lot of money online is by creating content and having a lot of followers who will fill your content and also react to it. During Corona virus in 2020 a lot of people became millionaires by just making short videos and posting them on tiktok. All you have to do is get yourseRead more

    The fastest way to make a lot of money online is by creating content and having a lot of followers who will fill your content and also react to it.
    During Corona virus in 2020 a lot of people became millionaires by just making short videos and posting them on tiktok.

    All you have to do is get yourself a phone with a great camera and also get a good niche to you making your videos for.

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  6. Asked: July 18, 2024In: Money & Business

    How Do Investors Add Value To The Economy?

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 12, 2025 at 10:17 pm

    Investors help a country grow and that is evident if you look at the developed countries we have in the world. When a lot of investors come into a country and invest it create a lot of opportunities for the country and this is because it employed a lot of people which will improve the lives of the cRead more

    Investors help a country grow and that is evident if you look at the developed countries we have in the world.

    When a lot of investors come into a country and invest it create a lot of opportunities for the country and this is because it employed a lot of people which will improve the lives of the citizens.
    It also helps the country because the country will reduce the importation of that particular product that is being produced local

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  7. Asked: August 1, 2024In: Money & Business

    Why You Should Empower Your Family and Friends

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 12, 2025 at 9:41 pm

    Empowering your family members and also your friends is a very nice act that not only is morally right but is this also financial a very nice and smart move. When you empower your family members are also your friends it helps you in a lot of ways. One of those who is is that you will be free from anRead more

    Empowering your family members and also your friends is a very nice act that not only is morally right but is this also financial a very nice and smart move.

    When you empower your family members are also your friends it helps you in a lot of ways.
    One of those who is is that you will be free from any form of burden coming from them due to their excessive financial pressure.

    You also help them live a very good life which will always make you happy

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  8. Asked: July 24, 2024In: Money & Business

    Should You Pay Attention to Unhealthy Criticism?

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 12, 2025 at 9:26 pm

    in any business we do we must be criticized whether we like it or not because that is the nature of human. criticism is a very good and essential thing in any business which serves as a motivation to a builder or entrepreneur to make sure that they keeps going stronger. While some criticisms are heaRead more

    in any business we do we must be criticized whether we like it or not because that is the nature of human.

    criticism is a very good and essential thing in any business which serves as a motivation to a builder or entrepreneur to make sure that they keeps going stronger.

    While some criticisms are healthy and not too personal some come as an attack to you. You have to make sure that you don’t take some words to hurt so that it doesn’t affect you emotionally.
    It should only serve as a fuel to push you to success.

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  9. Asked: July 4, 2024In: Money & Business

    How Often Do You Check Your Investments?

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 12, 2025 at 9:22 pm

    Personally I don't check my investment very often and the reason why I do that is because I don't like the emotional trauma that comes with checking your portfolio. The only reason why I check my portfolio is when I hear of news that has the tendency of affecting the store that I bought. Or maybe whRead more

    Personally I don’t check my investment very often and the reason why I do that is because I don’t like the emotional trauma that comes with checking your portfolio.

    The only reason why I check my portfolio is when I hear of news that has the tendency of affecting the store that I bought.

    Or maybe when I want to sell the stocks to purchase another one or maybe take my profit.

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  10. Asked: June 30, 2024In: Insurance, Money & Business

    Should I depend fully on my business?

    De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 12, 2025 at 9:20 pm

    When you are into a business you start it to make a lot of profit that will be enough to provide for you and your family. Anytime you notice that the business alone cannot provide for you and also be enough to grow and build your family in a comfortable manner then it is wise to look for other optioRead more

    When you are into a business you start it to make a lot of profit that will be enough to provide for you and your family.

    Anytime you notice that the business alone cannot provide for you and also be enough to grow and build your family in a comfortable manner then it is wise to look for other options to keep you afloat.
    You need to start looking for another side hustle that will keep on bringing money to you while you still keep the main business running

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