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spencer

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

    Can you consider shoe maker as a good business ?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 12, 2024 at 5:38 pm

    Yeah, as long as you're offering value to others then it's always a business unless proven otherwise, the goal of a business is to provide value for others and if you have customers that like your products then you're good to go. Nike too is a shoemaker, it is just structured in a way that it servesRead more

    Yeah, as long as you’re offering value to others then it’s always a business unless proven otherwise, the goal of a business is to provide value for others and if you have customers that like your products then you’re good to go.

    Nike too is a shoemaker, it is just structured in a way that it serves the world, you can go read the book about Nike and see how you can integrate it to your own thing.

     

     

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

    Different ways to adopt to enhance business skills

    spencer
    spencer Enlightened Mentor
    Added an answer on May 12, 2024 at 5:32 pm

    As a business owner you'll have to wear different hats especially the early days, a lot of things will happen that'll go wrong and you'll have to step up and address the issue. Hence, it's important for business owners to learn and most importantly to adopt new skills that can help them grow their bRead more

    As a business owner you’ll have to wear different hats especially the early days, a lot of things will happen that’ll go wrong and you’ll have to step up and address the issue.

    Hence, it’s important for business owners to learn and most importantly to adopt new skills that can help them grow their business, also they can seek help in terms of volunteers if they may.

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

    Is it advisable for young people to gamble online?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 12, 2024 at 5:26 pm

    I think it depends on the individual and how they view it, gambling as we generally know is not business, so you can't rely on it to make any sort of sustainable income, it has to be just for fun and always play with what you can afford to lose. And if you have problem with self control is best to nRead more

    I think it depends on the individual and how they view it, gambling as we generally know is not business, so you can’t rely on it to make any sort of sustainable income, it has to be just for fun and always play with what you can afford to lose.

    And if you have problem with self control is best to not even start and do something else with your money maybe give it to the needy etc

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  4. Asked: May 12, 2024In: Money & Business

    Why do business take time to grow

    spencer
    spencer Enlightened Mentor
    Added an answer on May 12, 2024 at 5:20 pm

    Business takes time to grow because you need to build a reputation which is incredibly hard if you're starting from the ground up, you also need to be reliable and offer quality services, most people start businesses with different goals and it takes an ample time before they figure out the moving pRead more

    Business takes time to grow because you need to build a reputation which is incredibly hard if you’re starting from the ground up, you also need to be reliable and offer quality services, most people start businesses with different goals and it takes an ample time before they figure out the moving parts.

    All of these contribute on why business takes time to get traction or even become successful.

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

    Buying home vs renting a home?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 12, 2024 at 5:16 pm

    Depending on your circumstances, buying a home seems ideal because you get to own it forever, and you don't have to pay rent, money meant for rent can be invested otherwise etc depending on your priorities. While the risks of renting a house is enormous you'll have to pay rent and also make sure youRead more

    Depending on your circumstances, buying a home seems ideal because you get to own it forever, and you don’t have to pay rent, money meant for rent can be invested otherwise etc depending on your priorities.

    While the risks of renting a house is enormous you’ll have to pay rent and also make sure you’ve fix dents, you can get evicted at anytime with a short notice.

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  6. Asked: May 2, 2024In: Blogging, Websites & Online Skills

    How to generate affiliate sales on your blog?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 12, 2024 at 5:11 pm

    To generate sales as an affiliate on your blog you can basically start posting review contents, let's say for example you're an affiliate for shoes, you can go to Amazon and pick up some shoes and post them on your blog, telling your users how cool they are and they can cop them if they want and theRead more

    To generate sales as an affiliate on your blog you can basically start posting review contents, let’s say for example you’re an affiliate for shoes, you can go to Amazon and pick up some shoes and post them on your blog, telling your users how cool they are and they can cop them if they want and then you add your affiliate link.

    You can also make a video review and add a link to your YouTube on the blog post.

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  7. Asked: May 3, 2024In: Crypto & Forex

    What are the best practices for securing crypto assets?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 11, 2024 at 10:59 pm

    I think it's pretty straight forward what you need to do is pay attention to the type of exchange you're securing your coins on, do you due diligence and make sure it's legit, you can secure assets through various ways by depositing your local currency to the platform using P2P, or using a debit carRead more

    I think it’s pretty straight forward what you need to do is pay attention to the type of exchange you’re securing your coins on, do you due diligence and make sure it’s legit, you can secure assets through various ways by depositing your local currency to the platform using P2P, or using a debit card to purchase

    Later, If you’re not satisfied with an exchange you can move your assets to other exchanges.

     

     

     

     

     

     

     

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  8. Asked: April 23, 2024In: Crypto & Forex

    Will the correlation between Bitcoin and other coins end?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 11, 2024 at 10:57 pm

    I don't think it'll end soon, Bitcoin is probably the pioneer and the coin that basically opens the crypto space and all of the opportunities that comes with it, hence may coins will always piggy back on it for their potential growth. Only stable coins like the USDT and the USDC that can not be inflRead more

    I don’t think it’ll end soon, Bitcoin is probably the pioneer and the coin that basically opens the crypto space and all of the opportunities that comes with it, hence may coins will always piggy back on it for their potential growth.

    Only stable coins like the USDT and the USDC that can not be influenced by the Bitcoin but apart from these majority of coins will keep mimicking Bitcoin.

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  9. Asked: August 23, 2023In: Crypto & Forex

    Cryptocurrency investment__how can I start as a beginner?

    spencer
    spencer Enlightened Mentor
    Added an answer on May 11, 2024 at 10:52 pm

    To get started as a beginner in crypto currency you'll have to learn the basics, you can buy a course, there are a lot of courses out there for beginners you can start out with, even free ones on Udemy and Khan Academy. And if the money is enough you can go ahead and purchase a mentorship from someoRead more

    To get started as a beginner in crypto currency you’ll have to learn the basics, you can buy a course, there are a lot of courses out there for beginners you can start out with, even free ones on Udemy and Khan Academy.

    And if the money is enough you can go ahead and purchase a mentorship from someone you trust and verify his results etc, also you can deposit some money you can learn with, but always make sure you can afford the lose them.

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

    What are the drawbacks associated with rental business

    spencer
    spencer Enlightened Mentor
    Added an answer on May 11, 2024 at 10:20 pm

    Some of the major drawbacks associated with rental business is the risk of losing your rental property and also some clients don't keep to their promises at all, it's a tough business also to break even from the business. There are different ways you can insure your properties though using differentRead more

    Some of the major drawbacks associated with rental business is the risk of losing your rental property and also some clients don’t keep to their promises at all, it’s a tough business also to break even from the business.

    There are different ways you can insure your properties though using different companies and might help you in case of emergencies or casualties.

     

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