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spencer

Enlightened Mentor
Ask spencer
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  1. Asked: September 2, 2023In: Money & Business

    What should i use to measure the success of my business?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 8:07 pm

    The biggest metric you can use to measure the success of your business is growth, everything else is just a vanity metric, no matter how much clickd you're getting or number of views if you're not making money or growing the company you can't measure your success. You can use softwares depending onRead more

    The biggest metric you can use to measure the success of your business is growth, everything else is just a vanity metric, no matter how much clickd you’re getting or number of views if you’re not making money or growing the company you can’t measure your success.

    You can use softwares depending on the type of your business, but you can use Google analytics to see how much is your business growth and what you can improve on

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  2. Asked: August 12, 2023In: Insurance, Money & Business

    Tips on how to pick a knowledgeable insurance agent

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 7:55 pm

    You can do that by making sure they have receipt that shows their competency, he should at least go through a training that will equip him with the skills to be an insurance agent, he should also have an office, notice the way he talks, it says a lot, does he stutter or he's confident in what he sayRead more

    You can do that by making sure they have receipt that shows their competency, he should at least go through a training that will equip him with the skills to be an insurance agent, he should also have an office, notice the way he talks, it says a lot, does he stutter or he’s confident in what he says.

    You can also ask him specific questions about his industry and from there you can easily find out if he’s a charlatan or not.

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  3. Asked: April 19, 2024In: Money & Business

    Which payment gateway should I use for an online business?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 7:46 pm

    If you have a platform or you plan on building one online, the best platform to use is Paystack, I'm a software developer and I have work with a lot of people that used the Paystack platform and they all have good things to say about it. You can set it up in a very short time even if you're not compRead more

    If you have a platform or you plan on building one online, the best platform to use is Paystack, I’m a software developer and I have work with a lot of people that used the Paystack platform and they all have good things to say about it.

    You can set it up in a very short time even if you’re not computer savvy and you can also hire someone to do it for you, their is Upwork too, where you can hire people and get it done at no cost.

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

    How can I make my business very popular?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 7:31 pm

    To make your business very popular the simplest way to do this is to work with popular people, due to social media there are a lot of ways to achieve this, influencers abound in every niche and they have a lot of followers, so if you work with the top ones you'll be able to get a lot of people.Read more

    To make your business very popular the simplest way to do this is to work with popular people, due to social media there are a lot of ways to achieve this, influencers abound in every niche and they have a lot of followers, so if you work with the top ones you’ll be able to get a lot of people.

     

    You should prepare to spend more money doing all of this because hiring influencers costs a lot of money or you can work with a lot of small ones.

     

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  5. Asked: April 12, 2024In: Blogging, Websites & Online Skills

    How can bloggers compete with vloggers?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 7:21 pm

    I think there's no need to compete with anyone, people are different, some prefer reading while others prefer watching, so in any case you are serving two different markets and your marketing, tactics and other stuffs are quiet different but you can actually learn from each other. I've seen a lot ofRead more

    I think there’s no need to compete with anyone, people are different, some prefer reading while others prefer watching, so in any case you are serving two different markets and your marketing, tactics and other stuffs are quiet different but you can actually learn from each other.

    I’ve seen a lot of bloggers leap frog to vlogging and vise versa so it depends greatly on where your interest lies, you can try both and stick to one depending on your expertise.

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  6. Asked: September 30, 2023In: Money & Business

    Which media is better for advertisement- media or print

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 7:02 pm

    In today's world the best way to advertise is to use media, you can buy ads on popular platforms and make money from that or drive traffic to your blog because it's easier and also just because most people are on it, the problem with print Media is that you can't control the reach and the reach is vRead more

    In today’s world the best way to advertise is to use media, you can buy ads on popular platforms and make money from that or drive traffic to your blog because it’s easier and also just because most people are on it, the problem with print Media is that you can’t control the reach and the reach is very much limited.

    But with media you can set the parameters and have it run just exactly the way you like it without any manual process, It is also cheaper.

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  7. Asked: April 19, 2024In: Money & Business

    What is realistic timeframe for profiting in start up?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 6:53 pm

    The most realisitc timeframe for profiting in a startup depends solely on your type of business, if you start a buying and selling business, it's pretty easy to get sales, but if you're in the software world or the hardware world, it may take some time before you can start to make revenue, so it isRead more

    The most realisitc timeframe for profiting in a startup depends solely on your type of business, if you start a buying and selling business, it’s pretty easy to get sales, but if you’re in the software world or the hardware world, it may take some time before you can start to make revenue, so it is important to always put that in place.

    You should also take note of your capital, if it isn’t big enough you wouldn’t be able to make any substantial profit in the short term.

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  8. Asked: April 19, 2024In: Money & Business

    How to use feedbacks to improve sales?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 6:43 pm

    There are a lot of ways of using feedbacks to improve sales, one of the ways you can do that is to run split tests, which means you should use the feedback and create a new version that your customers wants to see or for the feedback they have provided. Then use it and see how your customers will coRead more

    There are a lot of ways of using feedbacks to improve sales, one of the ways you can do that is to run split tests, which means you should use the feedback and create a new version that your customers wants to see or for the feedback they have provided.

    Then use it and see how your customers will cope, if you notice some improvement in that you can then extend it to other part of your product easily.

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

    How to spend within your budget?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 18, 2024 at 5:50 pm

    To spend within your budget you'll have to budget your expenses first, so let's say you're a salary earner, you should write down all what you want to buy in your notepad and make sure you execute your budget as you planned it, there are different ways you can ago about this.   You also need toRead more

    To spend within your budget you’ll have to budget your expenses first, so let’s say you’re a salary earner, you should write down all what you want to buy in your notepad and make sure you execute your budget as you planned it, there are different ways you can ago about this.

     

    You also need to be highly disciplined to avoid excessive spending and buying things impulsively it will just end up depleting your savings.

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

    How to earn money as a student

    spencer
    spencer Enlightened Mentor
    Added an answer on April 18, 2024 at 5:45 pm

    As a student, the best way to make money is to learn online, working offline or starting an offline business can hold you back and make you to lose focus in school, go online and explore different ways of making money there are handful of them online, find any one you can start. Youtube is free andRead more

    As a student, the best way to make money is to learn online, working offline or starting an offline business can hold you back and make you to lose focus in school, go online and explore different ways of making money there are handful of them online, find any one you can start.

    Youtube is free and you can learn whatever on it, the only thing you need is to be disciplined and driven, give yourself a deadline to hit your goals and you’ll be good to go in no time.

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