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spencer

Enlightened Mentor
Ask spencer
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  1. Asked: April 28, 2024In: Money & Business

    How to identify and tap untapped niche or market

    spencer
    spencer Enlightened Mentor
    Added an answer on April 28, 2024 at 5:36 am

    You can identify an untapped niche by actually observing the market, there are a lot of Products out there that customers complain about, that's an untapped market, because if you can solve their problem and come with a better product you'll definitely win. Also emerging markets are where new opportRead more

    You can identify an untapped niche by actually observing the market, there are a lot of Products out there that customers complain about, that’s an untapped market, because if you can solve their problem and come with a better product you’ll definitely win.

    Also emerging markets are where new opportunities are born, you can start a new idea on the back of a emerging trend.

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  2. Asked: April 28, 2024In: Money & Business

    What are the emerging trends in online business?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 28, 2024 at 5:32 am

    I think the AI market has seen a tremendous growth in these past months, almost most companies are looking for ways to use AI in their business in order to make it faster and more streamlined. Another field that has gained traction lately is marketing using artificial intelligence, a lot of companieRead more

    I think the AI market has seen a tremendous growth in these past months, almost most companies are looking for ways to use AI in their business in order to make it faster and more streamlined.

    Another field that has gained traction lately is marketing using artificial intelligence, a lot of companies are adopting AI inspired strategies to market their products.

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  3. Asked: October 1, 2023In: Money & Business

    How can you build investment fund while selling on timber? 

    spencer
    spencer Enlightened Mentor
    Added an answer on April 28, 2024 at 5:28 am

    Timber is a large market because it can used and processed into many finished products, it can also be used to do other stuffs like furnitures, wood, planks etc you can build wealth in the timber industry, I believe there are a lot of inefficiencies that can be explored and you can help fix, that'sRead more

    Timber is a large market because it can used and processed into many finished products, it can also be used to do other stuffs like furnitures, wood, planks etc you can build wealth in the timber industry, I believe there are a lot of inefficiencies that can be explored and you can help fix, that’s the basis of starting a business, solve a problem and get paid.

     

    You can also partner with already successful timber company and learn the ropes.

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  4. Asked: August 30, 2023In: Blogging, Websites & Online Skills

    Can daily blogging increase my blog traffic day by day?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 28, 2024 at 5:23 am

    Yes, especially if you post useful content that helps others, by blogging everyday you're increasing the odds of your success and also more people are going to find out your blog and what you do, it can also help you dominate the search engine because your contents are alwyss fresh and updated. YouRead more

    Yes, especially if you post useful content that helps others, by blogging everyday you’re increasing the odds of your success and also more people are going to find out your blog and what you do, it can also help you dominate the search engine because your contents are alwyss fresh and updated.

    You can also explore other options like guest posting, SEO and other traffic channels like Social Media.

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

    How will the day-to-day operations be managed in business?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 28, 2024 at 5:18 am

    Day to day activities should be managed in a to-do list, go to bed early to wake up early, then as soon you wake up line up what you want to do for the day, make sure it aligns with your business goals and then start working on it, or if your business is off the ground, you can delegate some tasks tRead more

    Day to day activities should be managed in a to-do list, go to bed early to wake up early, then as soon you wake up line up what you want to do for the day, make sure it aligns with your business goals and then start working on it, or if your business is off the ground, you can delegate some tasks to the office and you handle the tough ones.

     

    The goal is to always have something to do, your day-to-day activities should be packed else it’s easy to lose momentum

     

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  6. Asked: April 14, 2024In: Money & Business

    Some persons work hard but yet remain broke_Why?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 28, 2024 at 5:12 am

    Well, it's because efficiency is different from results, just because you work hard, you shouldn't just expect to make money or get rich, there are certain things you need to get correctly in other to get rich, you have to own your business, no matter how hard you work, if it's not your business, itRead more

    Well, it’s because efficiency is different from results, just because you work hard, you shouldn’t just expect to make money or get rich, there are certain things you need to get correctly in other to get rich, you have to own your business, no matter how hard you work, if it’s not your business, it’ll be hard to get rich in it.

     

    You should also be self aware, is what you’re doing giving you the results you want or you’re just spinning your wheels, it’s important too.

     

     

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  7. Asked: April 25, 2024In: Money & Business

    What are the risks associated to carrying raw cash?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 27, 2024 at 6:58 am

    Carrying cash around depends on where you are, if you're walking down the street of Tokyo with $1million cash, there isn't any risks because the city is laced with CCTV, their might be other consequences, you might get arrested though, but apart from that you're good to go.   But you can't andRead more

    Carrying cash around depends on where you are, if you’re walking down the street of Tokyo with $1million cash, there isn’t any risks because the city is laced with CCTV, their might be other consequences, you might get arrested though, but apart from that you’re good to go.

     

    But you can’t and shouldn’t try that in an insecure place, you can easily get robbed and your money will be snatched plus there’s nothing you can do about it.

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  8. Asked: April 16, 2024In: Money & Business

    Is there any relationship between time and money?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 27, 2024 at 6:51 am

    Yeah, there's a deep relationship between time and money, because you have to use time to get money, or use money to buy other people's time to work for you, so either ways, you need one for the other, it's important to understand how deep this goes, so that you'll be able to capitalize on it. If yoRead more

    Yeah, there’s a deep relationship between time and money, because you have to use time to get money, or use money to buy other people’s time to work for you, so either ways, you need one for the other, it’s important to understand how deep this goes, so that you’ll be able to capitalize on it.

    If you’re just getting started, you’ll have to sell your time to get money, you’re not meant to spend that money frivolously but save them to a level where they can buy labor for you.

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  9. Asked: April 25, 2024In: Money & Business

    How can I make money through online training

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 11:45 am

    You should explore Udemy or Coursera, and see how instructors are doing it and see how you can replicate it, there are other ways you can make money through online training, you can start on social media, and start teaching people, when you get enough students, you can then roll out a paid plan thatRead more

    You should explore Udemy or Coursera, and see how instructors are doing it and see how you can replicate it, there are other ways you can make money through online training, you can start on social media, and start teaching people, when you get enough students, you can then roll out a paid plan that you can sell to your students.

    But the most important thing is to figure out the demand in the market and you fill it up.

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

    When is the right time to start saving?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 26, 2024 at 11:34 am

    There is no any right time to start saving, the only right time is the time you start, you shouldn't feel pressurized to save, if it's the right thing for you to do at this time of your life, go ahead and start saving, it's a good thing.   I used to be biased about savings but after understandiRead more

    There is no any right time to start saving, the only right time is the time you start, you shouldn’t feel pressurized to save, if it’s the right thing for you to do at this time of your life, go ahead and start saving, it’s a good thing.

     

    I used to be biased about savings but after understanding some things in personal finance, I realized to reach my goals I need to save.

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