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spencer

Enlightened Mentor
Ask spencer
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902 Questions
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  1. Asked: April 19, 2024In: Money & Business

    Are government bonds worth it?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 14, 2024 at 6:46 pm

    Government bonds are a great way to preserve wealth, but it's not ideal way to build wealth, because it grows at a very predictable rate, so it's hard to actually grow your bonds, but it's good for growing your wealth, over time you can amass a great wealth. If you can get some percentage like 5% aRead more

    Government bonds are a great way to preserve wealth, but it’s not ideal way to build wealth, because it grows at a very predictable rate, so it’s hard to actually grow your bonds, but it’s good for growing your wealth, over time you can amass a great wealth.

    If you can get some percentage like 5% a year and if you put some millions you’ll be able to make money out of it, but you can’t make some good money if you don’t put good money into it.

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  2. Asked: July 14, 2024In: Money & Business

    Why did your client move to the next seller?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 14, 2024 at 6:39 pm

    Because you didn't offer him what he wants, every customer you have comes to you with a perception, if you don't fulfill their perception they're going to move to the next person beside you to buy. While some people just do not want to buy from you also, learn how to say next and move to the next cuRead more

    Because you didn’t offer him what he wants, every customer you have comes to you with a perception, if you don’t fulfill their perception they’re going to move to the next person beside you to buy.

    While some people just do not want to buy from you also, learn how to say next and move to the next customer, they all come dime a dozen and you can always get the next customer.

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  3. Asked: July 13, 2024In: Money & Business

    How do You Sell a Boring Product?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 14, 2024 at 6:34 pm

    If as a seller of a product you think it is boring, why do you want to sell it to other people, you could've just change the product you sell and turn it to something you believe in, it'll be easier to sell that way. You can also partner with other people if you think what you're selling is not goodRead more

    If as a seller of a product you think it is boring, why do you want to sell it to other people, you could’ve just change the product you sell and turn it to something you believe in, it’ll be easier to sell that way.

    You can also partner with other people if you think what you’re selling is not good enough or you don’t want to be seen selling it, it’s the easiest way to go about it.

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  4. Asked: September 21, 2023In: Money & Business

    What is your business motivation?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 13, 2024 at 10:58 pm

    It is freedom, and also ability to control my own financial situation, I once had a job and it was one of the most miserable period of my life, what I did was save enough money that I can and then call it quits. It's hard and all the work you put in won't be appreciated, I also feel like a cog in aRead more

    It is freedom, and also ability to control my own financial situation, I once had a job and it was one of the most miserable period of my life, what I did was save enough money that I can and then call it quits.

    It’s hard and all the work you put in won’t be appreciated, I also feel like a cog in a wheel, that’s enough motivation for me to always work for myself and kill the thoughts of going back to paid employment at all.

     

     

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  5. Asked: September 17, 2023In: Money & Business

    Is it easy to start a business in your country?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 13, 2024 at 10:56 pm

    I live in Nigeria and it's easy mode here, I can start a business basically in the evening and no one is going to ask me to go register the business or get a tax return or an insurance and it's super cool to make profits and bank everything to yourself. It's only at a certain growth rate you would bRead more

    I live in Nigeria and it’s easy mode here, I can start a business basically in the evening and no one is going to ask me to go register the business or get a tax return or an insurance and it’s super cool to make profits and bank everything to yourself.

    It’s only at a certain growth rate you would be bothered with registering and all of those other headaches, the only problem you might face is capital

     

     

     

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  6. Asked: September 15, 2023In: Money & Business

    How do I create personal budget?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 13, 2024 at 10:51 pm

    Creating a personal budget is not hard per se, I'm very much sure you have an Android phone, all you have to do is go to the play store and then download a free budget app and it will guide on all what you need to know. You should prioritize your needs over your wants and live or spend within your mRead more

    Creating a personal budget is not hard per se, I’m very much sure you have an Android phone, all you have to do is go to the play store and then download a free budget app and it will guide on all what you need to know.

    You should prioritize your needs over your wants and live or spend within your means, and you’ll be good to go in creating a budget.

     

     

     

     

     

     

     

     

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  7. Asked: September 12, 2023In: Money & Business

    how do you improve the performance of your employees?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 13, 2024 at 10:46 pm

    By providing them the tools necessary to help them deliver on their work perfectly, most employees reason for not doing spectacular work is lack of tools available at their disposal. So, create a way you can build your employee an enclave where they have whatever they need, it will increase their prRead more

    By providing them the tools necessary to help them deliver on their work perfectly, most employees reason for not doing spectacular work is lack of tools available at their disposal.

    So, create a way you can build your employee an enclave where they have whatever they need, it will increase their productivity in ten folds and that means more money to you the owner.

     

     

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  8. Asked: August 17, 2023In: Crypto & Forex

    Can you quit your job because of cryptocurrency?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 13, 2024 at 10:41 pm

    Yes it all depends on your competence, there are people making a living out of it and they are like me and you, so there's basically no reason why you can't do it too, you just have to build up a capital and get started. Have some emergency funds, so that even if profits are not forthcoming you canRead more

    Yes it all depends on your competence, there are people making a living out of it and they are like me and you, so there’s basically no reason why you can’t do it too, you just have to build up a capital and get started.

    Have some emergency funds, so that even if profits are not forthcoming you can live from your savings instead of just sitting on the sidelines without making any decisions.

     

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  9. Asked: July 13, 2024In: Money & Business

    Why is The Product Packaging Always Better Than The Product

    spencer
    spencer Enlightened Mentor
    Added an answer on July 13, 2024 at 10:36 pm

    Because that's what you see before you make a commitment to the product through buying it, there are a lot of research on why people buy stuff and the label actually is one of them. As a self aware person, you shouldn't let it stop you from scrutinizing the product and make sure it's worth it beforeRead more

    Because that’s what you see before you make a commitment to the product through buying it, there are a lot of research on why people buy stuff and the label actually is one of them.

    As a self aware person, you shouldn’t let it stop you from scrutinizing the product and make sure it’s worth it before you dive into it or invest your money in buying it.

     

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  10. Asked: September 26, 2023In: Blogging, Websites & Online Skills

    Is blogging the only creative online site that is profitable?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 13, 2024 at 10:32 pm

    No, you can actually snap videos and make pictures that tell story, the goal is to just entertain people also known as give them what they want, if you've tried blogging and it isn't working out for you, go try something else, the world is to big to settle for things that you're not passionate aboutRead more

    No, you can actually snap videos and make pictures that tell story, the goal is to just entertain people also known as give them what they want, if you’ve tried blogging and it isn’t working out for you, go try something else, the world is to big to settle for things that you’re not passionate about.

    Many people are vlogging nowadays and they have a lot of views on their channels, you can try it too and see if it’d work for you.

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