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spencer

Enlightened Mentor
Ask spencer
444 Visits
8 Followers
902 Questions
Home» spencer»Answers
  • About
  1. Asked: April 25, 2024In: Money & Business

    Can trading be considered a form of gambling?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 28, 2024 at 5:38 pm

    Trading can never be gambling, most people that say trading is gambling don't have an inkling idea on what exactly trading, it's all about buying low and selling high with a risk management strategy in place, so how can that be gambling. It's only gambling if you don't know what the odds are and youRead more

    Trading can never be gambling, most people that say trading is gambling don’t have an inkling idea on what exactly trading, it’s all about buying low and selling high with a risk management strategy in place, so how can that be gambling.

    It’s only gambling if you don’t know what the odds are and you’re just predicting with guts only not backed by data.

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

    Is it true that there's money online?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 28, 2024 at 5:30 pm

    It's like asking is there fish in an ocean, question is, are you willing to jump in and find out, I'm very much sure you've seen a lot of people make millions online over and over again, so it's not even the right questions to ask, you should be asking how you can make your own bread too. There areRead more

    It’s like asking is there fish in an ocean, question is, are you willing to jump in and find out, I’m very much sure you’ve seen a lot of people make millions online over and over again, so it’s not even the right questions to ask, you should be asking how you can make your own bread too.

    There are different ways you can make this happen, depending on your skillset and passion and also your drive to succeed, these are all factors that contribute.

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  3. Asked: September 3, 2023In: Blogging, Websites & Online Skills

    Why doesn’t my blogger post index in Google?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 28, 2024 at 5:24 pm

    The reasons might be because you haven't really written quality contents, or you haven't been doing it for a very long time, you'll have to be consistent enough for Google to notice and rank your content. You can also download Google console and index your contents, it might be the the issue GoogleRead more

    The reasons might be because you haven’t really written quality contents, or you haven’t been doing it for a very long time, you’ll have to be consistent enough for Google to notice and rank your content.

    You can also download Google console and index your contents, it might be the the issue Google analytics might help to analyze your contents and learn how you can improve on them.

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  4. Asked: March 31, 2024In: Money & Business

    What is the Best Side Hustle to Make Money Online?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 28, 2024 at 5:18 pm

    I think the best side hustle you can get involved in is writing, we all know how to write, all you'll have to do is polish your writing skills and make your writing practical and understandable, take on more responsibilities and write for different websites like Trendri, Advisordia and others. WithRead more

    I think the best side hustle you can get involved in is writing, we all know how to write, all you’ll have to do is polish your writing skills and make your writing practical and understandable, take on more responsibilities and write for different websites like Trendri, Advisordia and others.

    With time your writing will stand out and you’ll be able to go into more advance stuffs like content writing where you get to make a lot of money writing for others.

     

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  5. Asked: May 27, 2024In: Money & Business

    How I protect my business from cybersecurity threat ?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 28, 2024 at 5:10 pm

    To protect your business from cybersecurity threats you'll have to hire a qualified team of experts to work on your business, hackers mostly use loopholes on your website to attack you and you might not be competent enough to understand. There are a lot of freelance cybersecurity expert you can workRead more

    To protect your business from cybersecurity threats you’ll have to hire a qualified team of experts to work on your business, hackers mostly use loopholes on your website to attack you and you might not be competent enough to understand.

    There are a lot of freelance cybersecurity expert you can work with, hire some on Upwork to help you bridge any gap of security compromise on your business.

     

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  6. Asked: May 27, 2024In: Money & Business

    How do I scale my business for growth and expansion?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 28, 2024 at 5:05 pm

    Scaling your business for growth and expansion means you change your growth tactics and also renew your strategies for doing business, you'll have to create new ways of running your business, partnerships might help to get into new territories, you'll also need more funds. There are different ways yRead more

    Scaling your business for growth and expansion means you change your growth tactics and also renew your strategies for doing business, you’ll have to create new ways of running your business, partnerships might help to get into new territories, you’ll also need more funds.

    There are different ways you can approach this, build another branch, partner with another established business etc.

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  7. Asked: August 27, 2023In: Money & Business

    Should one enter an already saturated market or industry?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 27, 2024 at 10:15 am

    Yes, because why not? If a market has competition it means it's viable and money can be made out of it, other people are already doing it so what other proof do you actually need? In such cases what you'll do is that you oay attention to where they're not fulfilling customers need and fill it. MostRead more

    Yes, because why not? If a market has competition it means it’s viable and money can be made out of it, other people are already doing it so what other proof do you actually need? In such cases what you’ll do is that you oay attention to where they’re not fulfilling customers need and fill it.

    Most business get their break through that, it might be pricing, product quality or customer support.

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  8. Asked: August 17, 2023In: Money & Business

    Key factors before taking on a loan?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 27, 2024 at 10:09 am

    Before you take a loan make sure you really need it, or you can justify taking it, maybe it's a business you want to pay for or you are in an emergency and strapped for cash, apart from the above scenarios I see no reason why you should take a loan. You're better off saving for whatever you want toRead more

    Before you take a loan make sure you really need it, or you can justify taking it, maybe it’s a business you want to pay for or you are in an emergency and strapped for cash, apart from the above scenarios I see no reason why you should take a loan.

    You’re better off saving for whatever you want to do and be patient till you can afford it instead of taking loan where you’ll pay an interest on.

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

    What are the different ways to make money from your car?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 27, 2024 at 10:04 am

    You can use your car to make a lot of money especially if you live in cosmopolitan city with a lot of traffic, all you'll have to do is register on Uber and start driving, you get paid automatically depending on the miles you covered, and you can also work on several platforms like Bolt and Indrive.Read more

    You can use your car to make a lot of money especially if you live in cosmopolitan city with a lot of traffic, all you’ll have to do is register on Uber and start driving, you get paid automatically depending on the miles you covered, and you can also work on several platforms like Bolt and Indrive.

    The money you can make can be way more than the minimum wage and can afford you a good life, you can do it part-time or full-time depending on your schedule.

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  10. Asked: September 22, 2023In: Money & Business

    How can I properly allocate my business funds?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 27, 2024 at 9:57 am

    You can properly allocate your business funds to high impact activities in your company, let's yo are in the real estate business, a smart way to allocate your capital is in buying estate, any other activity is not actually moving you closer to your goal and should be avoided. Actively try to cut doRead more

    You can properly allocate your business funds to high impact activities in your company, let’s yo are in the real estate business, a smart way to allocate your capital is in buying estate, any other activity is not actually moving you closer to your goal and should be avoided.

    Actively try to cut down things that are not the center focus of your business, it’s going to make you mismanage your funds and not do what’s important.

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