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spencer

Enlightened Mentor
Ask spencer
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  1. Asked: September 13, 2023In: Money & Business

    How important is free shipping in online business?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 2:06 pm

    Free shipping is important in business because it attracts buyers for your business, as human beings we are all biased towards free stuffs, if you're a new shop online then making your products free shipping will definitely help you sell faster. It will also get you new customers, just make sure youRead more

    Free shipping is important in business because it attracts buyers for your business, as human beings we are all biased towards free stuffs, if you’re a new shop online then making your products free shipping will definitely help you sell faster.

    It will also get you new customers, just make sure you’re not hurting your profits margins while doing so, or make it promotional.

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  2. Asked: June 30, 2024In: Money & Business

    How do I revive my online business?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 2:01 pm

    You revive your business by studying what actually went wrong and then try to correct it, most people call it quits after they make a loss in their business but the truth is you need grit to be able to succeed. Failure should be a feedback for you that whatever it is you're doing is not working andRead more

    You revive your business by studying what actually went wrong and then try to correct it, most people call it quits after they make a loss in their business but the truth is you need grit to be able to succeed.

    Failure should be a feedback for you that whatever it is you’re doing is not working and you’ll have to change your strategy to be able to win in business.

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

    What do You do When You Get a Job Offer?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 4, 2024 at 1:48 pm

    When you get a job offer, the most important thing to do is to think about it and see if it aligns with your goals and also if the financial aspect of it commensurate with your efforts, if yes, go ahead and sign the dotted lines, also you can try to make your finding with people already working in tRead more

    When you get a job offer, the most important thing to do is to think about it and see if it aligns with your goals and also if the financial aspect of it commensurate with your efforts, if yes, go ahead and sign the dotted lines, also you can try to make your finding with people already working in the company.

    Make sure you take a calculated risk before you start working a job so that you won’t regret your choice after starting the job by wanting an out.

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  4. Asked: September 14, 2023In: Money & Business

    How can we overcome business failure?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 3, 2024 at 12:51 pm

    Everyone fails in business, it's not news, you'll have to find a way to always come back stronger, it is not easy to succeed in business, when you fail is not actually bad, it just shows you're doing something that's not working and you need to change your Strategy. What's bad is giving up when youRead more

    Everyone fails in business, it’s not news, you’ll have to find a way to always come back stronger, it is not easy to succeed in business, when you fail is not actually bad, it just shows you’re doing something that’s not working and you need to change your Strategy.

    What’s bad is giving up when you haven’t explore your potential, find a way to keep on trying till what you’re doing clicks, and remind yourself how strong you’re.

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  5. Asked: June 30, 2024In: Money & Business

    How can I improve productivity in my business?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 3, 2024 at 12:44 pm

    I've shared countless times what you can do to increase your productivity in business, who ever is organized wasn't born like that, they build the habit step by step till they perfected the art, first of all you'll have to learn to make a to-do list and stick to it. After you've mastered your to-doRead more

    I’ve shared countless times what you can do to increase your productivity in business, who ever is organized wasn’t born like that, they build the habit step by step till they perfected the art, first of all you’ll have to learn to make a to-do list and stick to it.

    After you’ve mastered your to-do list the find ways to free up your time by delegating, start doing important stuffs as soon as you wake up in the morning, hire VAs to handle the mundane stuffs.

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  6. Asked: August 24, 2023In: Money & Business

    Do you consider gambling as an investment startegy?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 3, 2024 at 12:39 pm

    No, Gambling is not an investment strategy, even though I've heard a lot of people call themselves investors even though what they do is basically gambling, you're better off betting on the market and putting your money in a business, fail, learn from your failure and start allover again. Gambling wRead more

    No, Gambling is not an investment strategy, even though I’ve heard a lot of people call themselves investors even though what they do is basically gambling, you’re better off betting on the market and putting your money in a business, fail, learn from your failure and start allover again.

    Gambling will sure make you addicted and you won’t be able to survive the addiction without seeing a therapist, I’ve seen a lot of people lose everything they own to gambling.

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  7. Asked: August 14, 2023In: Blogging, Websites & Online Skills

    What are the risks in bloggers managing my page?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 2, 2024 at 4:49 pm

    There's basically a principal and agency problem going on here, they're not going to do it the way you want it to be done, there's a lot of things going on here for example you'll have to either monitor them or give them KPIs to hit if you want your blog to go smoothly. But if you just toss everythiRead more

    There’s basically a principal and agency problem going on here, they’re not going to do it the way you want it to be done, there’s a lot of things going on here for example you’ll have to either monitor them or give them KPIs to hit if you want your blog to go smoothly.

    But if you just toss everything onto their hands you can get burnt real quick and end up losing your blog.

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  8. Asked: April 21, 2024In: Money & Business

    How to use online platforms for side hustles?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 2, 2024 at 4:44 pm

    Depends on you skillset and what information you have available, for example if you're a good software developer you can go on Upwork or Fiverr and you'll be able to sign up and work with clients by offering services. Also if you're a crafty person and you're into buying and selling stuffs, you canRead more

    Depends on you skillset and what information you have available, for example if you’re a good software developer you can go on Upwork or Fiverr and you’ll be able to sign up and work with clients by offering services.

    Also if you’re a crafty person and you’re into buying and selling stuffs, you can sign up on Gumroad and sell your items too, or if you’re into buying and selling you can try Facebook market place or Craiglist.

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

    Did advertising still necessary for POS business ?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 2, 2024 at 4:36 pm

    No, I don't think it's necessary unless you open a big shop offering other services that needs to be advertised, but normally a POS actually needs a very good location and also a good customer relations and you'll be very much good to go. You don't need much PR, if your services are good, customersRead more

    No, I don’t think it’s necessary unless you open a big shop offering other services that needs to be advertised, but normally a POS actually needs a very good location and also a good customer relations and you’ll be very much good to go.

    You don’t need much PR, if your services are good, customers will come to you and you’ll also get refered to by your customers.

     

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  10. Asked: September 28, 2023In: Money & Business

    At what levels should I start to save?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 2, 2024 at 4:32 pm

    You start saving money when you have start earning an income, you should probably be at a comfortable level before you save and you shouldn't starve yourself just to save, if possible you should always try to find other ways of increasing your income and not just being comfortable and not saving monRead more

    You start saving money when you have start earning an income, you should probably be at a comfortable level before you save and you shouldn’t starve yourself just to save, if possible you should always try to find other ways of increasing your income and not just being comfortable and not saving money.

    Learn how to invest your income and savings to make more money, because if you don’t earn enough your savings wouldn’t be tangible at all.

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