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spencer

Enlightened Mentor
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  1. Asked: August 9, 2023In: Money & Business

    Can i develop software and make money?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 4:38 pm

    Oh yes, it's a good business to get into because it has a high barrier of entry and it gives you the leverage to scale your income if you manage to get users for your software, so how do you get started? Learn how to code or hire freelancers to code for you, you should also keep it at the back of yoRead more

    Oh yes, it’s a good business to get into because it has a high barrier of entry and it gives you the leverage to scale your income if you manage to get users for your software, so how do you get started?

    Learn how to code or hire freelancers to code for you, you should also keep it at the back of your mind that execution is better than idea, you should launch quickly and iterate from the feedback you get from your early users.

    If you don’t have enough capital you can basically seek for capital from venture capitalist or your favorite uncle.

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  2. Asked: August 9, 2023In: Money & Business

    Can we use social media for affiliate marketing?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 4:32 pm

    Yes, if you have enough following on social media you can use it to make money with affiliate marketing, the point of affiliate marketing is to make profit when you sell to someone even though the product is not yours. The more active followers you have the more money you'll make, so I'd social mediRead more

    Yes, if you have enough following on social media you can use it to make money with affiliate marketing, the point of affiliate marketing is to make profit when you sell to someone even though the product is not yours.

    The more active followers you have the more money you’ll make, so I’d social media is the one of the strongest channel to make money as an affiliate marketer especially first tier countries followers.

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  3. Asked: August 9, 2023In: Money & Business

    Can i turn my electrical work to a lucrative business

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 4:29 pm

    Electrical engineering is a field that is in demand, as the world transition from biofuel to solar energy, there are countless opportunities to make money from this field, you have to be certified and start applying it practically in eveyday products, get competent and if possible get yourself a menRead more

    Electrical engineering is a field that is in demand, as the world transition from biofuel to solar energy, there are countless opportunities to make money from this field, you have to be certified and start applying it practically in eveyday products, get competent and if possible get yourself a mentor.

    You can get a lucrative job or start a solar company which has started gaining ground globally and is projected to grow every year.

     

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  4. Asked: August 9, 2023In: Money & Business

    How to make money as a bricklayer

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 4:25 pm

    You can make money as a bricklayer by selling your services to real estate company and you'll get to make money daily or you can float your own company by hiring other bricklayers to start an agency and pay them based on contracts. You can also start a block business, it's very popular where I liveRead more

    You can make money as a bricklayer by selling your services to real estate company and you’ll get to make money daily or you can float your own company by hiring other bricklayers to start an agency and pay them based on contracts.

    You can also start a block business, it’s very popular where I live and they get to make money when they’re contracted to make blocks for real estates.

    I think it’s a decent business to get into if you have flair in building and construction.

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  5. Asked: August 9, 2023In: Money & Business

    Is it possible to scale the business without increasing the number of employees

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 4:16 pm

    Yes, it's possible and the answer is technology, you can use it to virtually scale your business without adding even a single employee on your payroll. With the advent of AI, you can get a lot done in a short period of time, depending on your business. Another strategy often used by people is to dowRead more

    Yes, it’s possible and the answer is technology, you can use it to virtually scale your business without adding even a single employee on your payroll.

    With the advent of AI, you can get a lot done in a short period of time, depending on your business.

    Another strategy often used by people is to downsize their team and hire abroad, this will help to cut cost too, this must be done with caution because most oversee hires are not reliable.

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  6. Asked: August 9, 2023In: Money & Business

    Make money by charging people's phone

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 4:12 pm

    Making money charging people's phone is actually a legit way to make money especially if there's power cuts where you live, it is very easy to set up this kind of business it doesn't require much business capital. You'll need a Generator, Kiosk, Charging slots and bunch of chargers, keep your kioskRead more

    Making money charging people’s phone is actually a legit way to make money especially if there’s power cuts where you live, it is very easy to set up this kind of business it doesn’t require much business capital.

    You’ll need a Generator, Kiosk, Charging slots and bunch of chargers, keep your kiosk where people can see you to facilitate patronage.

    You also have to be careful with people’s phones not to get lost by installing a security system to prevent theft.

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  7. Asked: August 9, 2023In: Money & Business

    How to maximize business profit

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 4:08 pm

    To maximize a business profit you have to know the variables at play, for example if you're running a transport business you'll be able maximise profit by adding to your fleet and hiring more drivers. By knowing the variables responsible for growth you have done half the work, then you focus on imprRead more

    To maximize a business profit you have to know the variables at play, for example if you’re running a transport business you’ll be able maximise profit by adding to your fleet and hiring more drivers.

    By knowing the variables responsible for growth you have done half the work, then you focus on improving and expanding it.

    Most of the times when you want to maximise your business you’d have to take out bank loans or apply for funding if you don’t have personal funds.

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  8. Asked: August 9, 2023In: Money & Business

    Guidelines to make money taking people on a tour

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 4:05 pm

    To make money as a tour agent you have to live in places that have tourist destinations or move to a tourist area, you can make money by showing people awesome places and giving them a nice time. You can also serve as a translator to facilitate trades between sellers and tourist, you can make more bRead more

    To make money as a tour agent you have to live in places that have tourist destinations or move to a tourist area, you can make money by showing people awesome places and giving them a nice time.

    You can also serve as a translator to facilitate trades between sellers and tourist, you can make more by finding people that’ll work on your behalf and run it like an agency.

    But you might have to register and do some sort of paper work .

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  9. Asked: August 9, 2023In: Money & Business

    Turn your cooking ability to a lucrative business

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 3:56 pm

    There are different ways to turn your cooking abilites into money, one way you can do that is by: Creating a YouTube channel where you showcase your cooking talent by cooking different types of dishes, you can get some tips by following the top cooking youtubers online. Another way to make money isRead more

    There are different ways to turn your cooking abilites into money, one way you can do that is by:

    Creating a YouTube channel where you showcase your cooking talent by cooking different types of dishes, you can get some tips by following the top cooking youtubers online.

    Another way to make money is by selling cooked food to customers, there are different ways to do that, you can be selling your food online or at a hotspot in a busy area.

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  10. Asked: July 20, 2023In: Money & Business

    Advice on how to get started in the cake business

    spencer
    spencer Enlightened Mentor
    Added an answer on August 9, 2023 at 9:14 am

    To get started in the cake business you have to learn the skill, enroll into a baking school and learn. Practice at home and get better at it, then decide on how you want to proceed, do you want to sell online or offline, serve a crowd or individuals. I think it's a good business since it's food andRead more

    To get started in the cake business you have to learn the skill, enroll into a baking school and learn.

    Practice at home and get better at it, then decide on how you want to proceed, do you want to sell online or offline, serve a crowd or individuals.

    I think it’s a good business since it’s food and has a lot of demand during ceremonies.

    You can also open a page online and post your cakes, this can improve your visibility too.

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