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spencer

Enlightened Mentor
Ask spencer
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902 Questions
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  1. Asked: September 12, 2023In: Money & Business

    Can joining secret cult improve our business?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 17, 2024 at 9:02 am

    Most business owners join cults to gain access to the network or for protection, decisions are mostly calculated when it comes to business, if you join a cult you'll have access to rich people in the cult that can cut you deals and make you richer, also it can safeguard your business from other cultRead more

    Most business owners join cults to gain access to the network or for protection, decisions are mostly calculated when it comes to business, if you join a cult you’ll have access to rich people in the cult that can cut you deals and make you richer, also it can safeguard your business from other cults.

    You might also evade taxes as a cult member, especially if you’re in a powerful cult with political affiliation.

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

    Do you need to learn digital marketing as an online writer?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 17, 2024 at 8:55 am

    Yes, learning digital marketing as an online writer will help you tremendously in selling your skill, there are a lot of writers out there, by learning digital marketing, you're separating yourself from the park, which can help you land clients that pay good $$. There are a lot of digital marketingRead more

    Yes, learning digital marketing as an online writer will help you tremendously in selling your skill, there are a lot of writers out there, by learning digital marketing, you’re separating yourself from the park, which can help you land clients that pay good $$.

    There are a lot of digital marketing courses by Google that can help you learn and get started real quick.

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  3. Asked: August 15, 2023In: Money & Business

    Measures to be taken to avoid business failure

    spencer
    spencer Enlightened Mentor
    Added an answer on May 17, 2024 at 8:50 am

    As a business owner avoiding failure is counter productive, in business you play offense not defense, you are trying to make money and also take a market share, you are going to make a lot of mistakes and that's the only way you can learn. You should avoid the major obvious mistakes but make as muchRead more

    As a business owner avoiding failure is counter productive, in business you play offense not defense, you are trying to make money and also take a market share, you are going to make a lot of mistakes and that’s the only way you can learn.

    You should avoid the major obvious mistakes but make as much mistakes as you can, it’ll help you to move faster and learn faster.

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  4. Asked: August 20, 2023In: Money & Business

    How to make money as a hawker?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 17, 2024 at 8:44 am

    Hawking is a common way to make money in a low income country, renting a shop is expensive so most small business owners rather hawk what they sell and reach more people than be confined in one place. To make money hawking you have to be hawking at a hotspot where people can see you and also have aRead more

    Hawking is a common way to make money in a low income country, renting a shop is expensive so most small business owners rather hawk what they sell and reach more people than be confined in one place.

    To make money hawking you have to be hawking at a hotspot where people can see you and also have a strong voice to advertise what you’re selling.

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  5. Asked: May 4, 2024In: Money & Business

    What qualifies a work for retirement?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 17, 2024 at 8:39 am

    As a retired individual any work that doesn't put most stress on your body is good to go, it's ideal to work for a few hours a week or have a passive income that makes you money without actively being involved, that's why it's important if an individual is approaching retirement to get into differenRead more

    As a retired individual any work that doesn’t put most stress on your body is good to go, it’s ideal to work for a few hours a week or have a passive income that makes you money without actively being involved, that’s why it’s important if an individual is approaching retirement to get into different businesses.

    So that by the time you retire you’ve already build a buffer for yourself to be earning from.

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

    Is Emergency Fund Necessary to Save for Uncertainties?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 17, 2024 at 8:28 am

    Yes, emergency is necessary to save, because it's unpredictable and you don't know when it'll come up, there are a lot of ways you can go about saving for emergency e.g saving 10% of your paycheck or joining a cooperative where you save with other people. Emergency savings shouldn't be conflicted wiRead more

    Yes, emergency is necessary to save, because it’s unpredictable and you don’t know when it’ll come up, there are a lot of ways you can go about saving for emergency e.g saving 10% of your paycheck or joining a cooperative where you save with other people.

    Emergency savings shouldn’t be conflicted with retirements savings and other types of savings.

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  7. Asked: May 13, 2024In: Money & Business

    How to invest Without getting Lost?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 16, 2024 at 11:46 am

    It's not possible to invest without getting losses, you can only mitigate the loss, if price moves from 50 to 40, you've lost 10 points so you see you've lose money, it's normal you should only do a due diligence before investing. You can also rely on seasoned investors to give you a head on on theRead more

    It’s not possible to invest without getting losses, you can only mitigate the loss, if price moves from 50 to 40, you’ve lost 10 points so you see you’ve lose money, it’s normal you should only do a due diligence before investing.

    You can also rely on seasoned investors to give you a head on on the type of stocks you should invest in, there are a lot groups you can pay to join.

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  8. Asked: August 14, 2023In: Money & Business

    What would you choose trading or mining?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 16, 2024 at 11:38 am

    I'd choose trading over mining because I like to be in control of what I do, trading can be controlled in a way, you can define your loss and profit levels and also do scalps where you can take profits quickly or take a swing trade. But mining is all about other people and they control who gets theRead more

    I’d choose trading over mining because I like to be in control of what I do, trading can be controlled in a way, you can define your loss and profit levels and also do scalps where you can take profits quickly or take a swing trade.

    But mining is all about other people and they control who gets the bounty or not, it’s strictly unidimensional, so you can’t control whether you make the list or not, I don’t like such games.

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

    Investment or business, which makes you rich faster

    spencer
    spencer Enlightened Mentor
    Added an answer on May 16, 2024 at 10:51 am

    Business makes you rich faster because you can control it, you can switch the variables and make them work for you, you can hire others to do the dirty non scalable work for you while you focus on growth, you can also leverage other people's money to scale your company. While Investment is a differeRead more

    Business makes you rich faster because you can control it, you can switch the variables and make them work for you, you can hire others to do the dirty non scalable work for you while you focus on growth, you can also leverage other people’s money to scale your company.

    While Investment is a different ball game entirely, because you can’t control it, it is all based on other people, the company you invest in can go bankrupt without your control.

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  10. Asked: April 13, 2024In: Money & Business

    How do I start a small business?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 16, 2024 at 10:29 am

    Starting a small business is pretty much straightforward you need to pay attention to the needs of your immediate environment and find out how you can fulfill those needs, it can be anything, it wouldn't help to be close minded. The moment you notice a need and you have the capacity to solve it, theRead more

    Starting a small business is pretty much straightforward you need to pay attention to the needs of your immediate environment and find out how you can fulfill those needs, it can be anything, it wouldn’t help to be close minded.

    The moment you notice a need and you have the capacity to solve it, then you’re in business, you start small and you build on top of that, not complicated.

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