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spencer

Enlightened Mentor
Ask spencer
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  1. Asked: September 8, 2023In: Money & Business

    What is dropshipping, and how does it work?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 8, 2023 at 11:41 am

    Dropshipping is all about selling items you don't own originally for a slightly higher price and banking the differences without taking the responsibility for shipping or any damages, this is easy to start, put up a website and go to a big ecommerce and copy some niche products and then start postinRead more

    Dropshipping is all about selling items you don’t own originally for a slightly higher price and banking the differences without taking the responsibility for shipping or any damages, this is easy to start, put up a website and go to a big ecommerce and copy some niche products and then start posting them up on your own store.

    Spend couple of money on direct marketing and then sell it, after making a sale go ahead and buy the item and then input the details of the buyer that bought from your site, easy peasy japaneasy.

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  2. Asked: September 8, 2023In: Money & Business

    How do I start an online business?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 8, 2023 at 11:34 am

    An online business is no different from your normal offline business the only difference is an online business gives you more leverage and ability to meet and reach more people which otherwise you can't reach due to the power of the internet. So to start an online business first of all look for a neRead more

    An online business is no different from your normal offline business the only difference is an online business gives you more leverage and ability to meet and reach more people which otherwise you can’t reach due to the power of the internet.

    So to start an online business first of all look for a need and fulfill it using the internet and voila you have a viable online business, think of all the online business today that’s how they basically started, like Uber, Amazon and eBay.

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  3. Asked: September 8, 2023In: Money & Business

    How to make money through sports betting?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 8, 2023 at 11:26 am

    I think the number one way to make money in sports betting is to have a winning strategy there are many ones out there, you can find many on UK sports betting forums, after you pick one you should then refine it and test it out before committing real money to it. Then you start putting in money andRead more

    I think the number one way to make money in sports betting is to have a winning strategy there are many ones out there, you can find many on UK sports betting forums, after you pick one you should then refine it and test it out before committing real money to it.

    Then you start putting in money and be disciplined enough to follow your system, I think in betting the house wins at the end as it’s a zero sum game so I wouldn’t advise you to actually involve yourself, there are many hustles out there better than it.

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  4. Asked: September 8, 2023In: Money & Business

    How can I effectively market my online products or services?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 8, 2023 at 11:14 am

    Well, it's better to market your business on social media apps because there's more leverage and you get to have access to more people depending on the amount you're willing to spend on ads. Open a Facebook ads manager account and deposit around 5$ and see how it goes for you, try out different tempRead more

    Well, it’s better to market your business on social media apps because there’s more leverage and you get to have access to more people depending on the amount you’re willing to spend on ads.

    Open a Facebook ads manager account and deposit around 5$ and see how it goes for you, try out different template and see which one works the best and then zero in on it, you’ll be able to sell more products and have access to more customers.

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  5. Asked: September 8, 2023In: Money & Business

    What are some popular methods for making money online?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 8, 2023 at 11:07 am

    I think freelancing is the most popular method out there for making money online, if you have a skill go on these platforms and list your skills, then learn how you can market those skills and make money. You can also try YouTube is popular at the moment, you don't actually need many equipments justRead more

    I think freelancing is the most popular method out there for making money online, if you have a skill go on these platforms and list your skills, then learn how you can market those skills and make money.

    You can also try YouTube is popular at the moment, you don’t actually need many equipments just your phone and contents and you’ll be making some money out of that too.

    You can also try writing either open a blog or on medium, there are different ways to go about this.

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  6. Asked: September 8, 2023In: Money & Business

    How can I start a successful E-commerce business online?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 8, 2023 at 10:32 am

    To start a successful ecommerce business you have to offer a worthwhile products, a product that solves problem., So go ahead and inspect where you live and find out what the problem is, then find a product that solves that problem. You can also read and watch YouTube about successful ecommerce busiRead more

    To start a successful ecommerce business you have to offer a worthwhile products, a product that solves problem., So go ahead and inspect where you live and find out what the problem is, then find a product that solves that problem.

    You can also read and watch YouTube about successful ecommerce business owners and learn their tricks and tactics on how they made money in their business and see how you can apply it in your own.

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

    What are the risks of online money-making schemes?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 6, 2023 at 8:02 pm

    The number one problem of money making schemes is going burst, most of this program are like a pyramid scheme where they use your money to pay the next man, so when do you accumulate and ample capital just shut it down and cart away with people's money. Many people advise on getting on when it's newRead more

    The number one problem of money making schemes is going burst, most of this program are like a pyramid scheme where they use your money to pay the next man, so when do you accumulate and ample capital just shut it down and cart away with people’s money.

    Many people advise on getting on when it’s new but I don’t think it’s a good idea because at the end of the day you don’t know when they’re going to close so the best thing is to stay away from them and find other ways to make money legitimately without cutting corners.

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

    Are online surveys a good way to make money?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 6, 2023 at 7:52 pm

    yes it's quite possible to make money doing surveys online but the problem is most third world countries are not allowed on these platforms the idea of these companies is to actually collect customers data package it and resell it to FMCG companies. So it's no brainer to allow people from countriesRead more

    yes it’s quite possible to make money doing surveys online but the problem is most third world countries are not allowed on these platforms the idea of these companies is to actually collect customers data package it and resell it to FMCG companies.

    So it’s no brainer to allow people from countries that don’t have branches of the companies to actually per take in this way but they are actually legit and if you live in a first world country you’ll be able to make some couple of bucks every month working on them

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

    How much money can I realistically make online?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 6, 2023 at 7:45 pm

    there basically different ways to make money realistically online and the number one resource is paid to post website because they enable you to earn based on tasks you do not have to work with any clients to be able to make money online freelancing platforms like upwork and fiverr is getting harderRead more

    there basically different ways to make money realistically online and the number one resource is paid to post website because they enable you to earn based on tasks you do not have to work with any clients to be able to make money online freelancing platforms like upwork and fiverr is getting harder everyday to break in.

    With this paid to post platforms you will be able to make $3 to $5 a day realistically and also offers you an opportunity to learn a valuable skill which is writing and interacting with people good luck

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

    How do I promote my online business or services effectively?

    spencer
    spencer Enlightened Mentor
    Added an answer on September 6, 2023 at 7:36 pm

    To be able to market your business effectively you have to have a target for example if your service or your product is geared towards some certain people, you will then find a way to reach them at Kobe through advertisement on social networks like Facebook Quora or Reddit or or it might be a directRead more

    To be able to market your business effectively you have to have a target for example if your service or your product is geared towards some certain people, you will then find a way to reach them at Kobe through advertisement on social networks like Facebook Quora or Reddit or or it might be a direct marketing like through email or a phone call.

    but overall it’s very important to know who you want to see your product or service it will save you time and money because you already know the person you want to reach instead of just advertising randomly and relying on luck

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