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spencer

Enlightened Mentor
Ask spencer
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902 Questions
Home» spencer»Answers
  • About
  1. Asked: September 2, 2023In: Money & Business

    What can i do to better my business and make it grow?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:30 pm

    You should look for opportunities on how to improve your product offering, that's the number one thing you have to focus on, what else do you think you're missing on, try and always be improving the product or service. After that, you then try to fix customer support, how well do you take care of yoRead more

    You should look for opportunities on how to improve your product offering, that’s the number one thing you have to focus on, what else do you think you’re missing on, try and always be improving the product or service.

    After that, you then try to fix customer support, how well do you take care of your business partners that is your customers, and what are you doing to make sure they keep on coming back to you.

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  2. Asked: August 11, 2023In: Money & Business

    Are you willing to wait 10 years for profits?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:25 pm

    That's what a lot of businesses advocate for, you should be willing to stick with a business for atleast ten years before you turn a profit, and also must businesses that reached a unicorn status attained that after ten years of running a business, it is how it works all over the world. Small busineRead more

    That’s what a lot of businesses advocate for, you should be willing to stick with a business for atleast ten years before you turn a profit, and also must businesses that reached a unicorn status attained that after ten years of running a business, it is how it works all over the world.

    Small business owner can be able to wait much less if they’re willing to start small and confirm demand for their business, they can reach profitability quickly than a conventional business.

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

    How to Build Budget for a Business?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 18, 2024 at 4:20 pm

    Building a budget for a business depends on the kind of business you intend to build, so for example if you're trying to start a food business, the budget will be different than when you're trying to start a construction business. The capital will always be different so you tweak your budget dependiRead more

    Building a budget for a business depends on the kind of business you intend to build, so for example if you’re trying to start a food business, the budget will be different than when you’re trying to start a construction business.

    The capital will always be different so you tweak your budget depending on the kind of business you trying to start, you should also work on starting small and expand on market confirmation.

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

    Turned a hobby into a lucrative gig? Tell us how.

    spencer
    spencer Enlightened Mentor
    Added an answer on July 17, 2024 at 5:45 pm

    Writing, it started out as a hobby of mine, I started writing way back in my primary school, which is really early childhood, but I never get to be paid for it, I wrote a lot of novels and short stories and I'm currently in the process of making it a full time gig. I'm currently getting paid to writRead more

    Writing, it started out as a hobby of mine, I started writing way back in my primary school, which is really early childhood, but I never get to be paid for it, I wrote a lot of novels and short stories and I’m currently in the process of making it a full time gig.

    I’m currently getting paid to write on about like three platforms and it feels like fun whenever I am writing because I love doing it from the get go.

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  5. Asked: August 26, 2023In: Blogging, Websites & Online Skills

    Will my blogger blog be approved if I have affiliate links on it?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 17, 2024 at 5:42 pm

    Yes, it will be approved, from my research on this topic the most important thing is your Blog's traffic, the platform doesn't really matter, so you should pay more attention in making sure your blog delivers enough value. And you'll even be the one that'll be rejecting offers to advertise on your pRead more

    Yes, it will be approved, from my research on this topic the most important thing is your Blog’s traffic, the platform doesn’t really matter, so you should pay more attention in making sure your blog delivers enough value.

    And you’ll even be the one that’ll be rejecting offers to advertise on your platform, and you’ll also be sought after by popular ad networks.

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

    What's an easy way to make a habit of saving money?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 17, 2024 at 5:38 pm

    The most effective way I figure out to save money is by keeping an accountability partner, your partner will help you in staying disciplined, you won't want to disappoint them or yourself especially if they are someone you respect. Every other thing you might try can help you figure it out for a whiRead more

    The most effective way I figure out to save money is by keeping an accountability partner, your partner will help you in staying disciplined, you won’t want to disappoint them or yourself especially if they are someone you respect.

    Every other thing you might try can help you figure it out for a while and then back to your bad habit but building together with an accountability is sustainable as long as you’re honest with yourself.

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  7. Asked: September 2, 2023In: Blogging, Websites & Online Skills

    How possible is it for a blog to be written fast?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 17, 2024 at 5:33 pm

    Depends on your writing skills but you'll be able to write a blog real quick especially if you have an idea of what it is you want to write about, or when you're narrating a story online, but if you're writing a guide you might need more time to prepare for it. You can use other writing softwares thRead more

    Depends on your writing skills but you’ll be able to write a blog real quick especially if you have an idea of what it is you want to write about, or when you’re narrating a story online, but if you’re writing a guide you might need more time to prepare for it.

    You can use other writing softwares that’ll help you write faster like Grammarly to correct your errors and grammar mistakes at the same time in other to save time.

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  8. Asked: August 19, 2023In: Money & Business

    How much is enough for a business start-up?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 17, 2024 at 5:27 pm

    When it comes to starting a business any amount is enough as long as it can cover the basic utilities and equipment you need to get started, it's advisable to start small and grow from there, if your costs a lot to get started you can finance it with a loan. You should worry more about your businessRead more

    When it comes to starting a business any amount is enough as long as it can cover the basic utilities and equipment you need to get started, it’s advisable to start small and grow from there, if your costs a lot to get started you can finance it with a loan.

    You should worry more about your business execution and how you’re planning to grow it, it’s more important than the amount of money you’re starting with.

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  9. Asked: September 19, 2023In: Money & Business

    How much should I put into investment?

    spencer
    spencer Enlightened Mentor
    Added an answer on July 17, 2024 at 5:22 pm

    How much to invest is really subjective depending on your income, it's generally around 30%, you should focus on clearing any debt or paying back loans before you think of investment, it's easier to start on a clean slate. Also when it comes to investment it varies because of many factors like the aRead more

    How much to invest is really subjective depending on your income, it’s generally around 30%, you should focus on clearing any debt or paying back loans before you think of investment, it’s easier to start on a clean slate.

    Also when it comes to investment it varies because of many factors like the asset class you’re investing in and your knowledge about Investment.

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  10. Asked: June 2, 2024In: Money & Business

    How Much Have You Made Mining Coins

    spencer
    spencer Enlightened Mentor
    Added an answer on July 17, 2024 at 5:17 pm

    I haven't made any serious money in mining because I didn't pay much attention during the whole mining brouhaha, but I had peers who were into it and they cashed out big from it, I tried to get involved but it's been futile so far. I'm more into trading and that's how I make money, it's more sure anRead more

    I haven’t made any serious money in mining because I didn’t pay much attention during the whole mining brouhaha, but I had peers who were into it and they cashed out big from it, I tried to get involved but it’s been futile so far.

    I’m more into trading and that’s how I make money, it’s more sure and professional than mining which is being controlled by some selected few

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