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spencer

Enlightened Mentor
Ask spencer
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  1. Asked: August 29, 2023In: Money & Business

    Tiktok vs Reels, where can you make more money?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 29, 2023 at 9:35 am

    I think you stand more chance on TikTok because it is more passive and I'm pretty much sure there are ways you can make money on TikTok ranging from posting up videos, you can get advert sponsorship and also get paid from videos directly from TikTok. You can hardly get paid on reels because you can'Read more

    I think you stand more chance on TikTok because it is more passive and I’m pretty much sure there are ways you can make money on TikTok ranging from posting up videos, you can get advert sponsorship and also get paid from videos directly from TikTok.

    • You can hardly get paid on reels because you can’t monetize your videos on reels so it’ll be hard to be able to monetize your content if you’re depending on it solely.
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  2. Asked: August 24, 2023In: Money & Business

    How can you make money offline?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 29, 2023 at 9:28 am

    There are different business to make money offline, there are virtually more business offline than online, depending on your risk appetite and your capital. If capital is not an issue for you, go ahead and check out all of the available business where you live or how you can help solve problems forRead more

    There are different business to make money offline, there are virtually more business offline than online, depending on your risk appetite and your capital.

    If capital is not an issue for you, go ahead and check out all of the available business where you live or how you can help solve problems for some people and then make a business out of it.

    You have to be patient for results to materialize, it might take sometime and efforts before seeing profits.

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  3. Asked: August 28, 2023In: Money & Business

    Paid to post or affiliate marketing, which will you choose?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 28, 2023 at 7:39 pm

    Paid to post, because it doesn't require much infrastructure to get started you don't need much people, you just need a phone, internet and the website you're working to actually get started. With affiliate marketing you have to do a lot of stuffs like get people to sign up, build audience and alsoRead more

    Paid to post, because it doesn’t require much infrastructure to get started you don’t need much people, you just need a phone, internet and the website you’re working to actually get started.

    With affiliate marketing you have to do a lot of stuffs like get people to sign up, build audience and also make sure your affiliates are legit, these are all headaches and they can make or mar your options of making money online.

    I’ve never been an affiliate marketer though maybe I’m biased but anyways that’s my choice.

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  4. Asked: August 28, 2023In: Money & Business

    What age itoo old to make money online?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 28, 2023 at 7:31 pm

    I don't think there's any certain age when it's not possible to make money online if you're willing to put in the work you can make money, as long as your thinking faculty works perfectly and you can read and write, it's pretty much easy. I also think if you get into your 70's then making money onliRead more

    I don’t think there’s any certain age when it’s not possible to make money online if you’re willing to put in the work you can make money, as long as your thinking faculty works perfectly and you can read and write, it’s pretty much easy.

    I also think if you get into your 70’s then making money online should be the last thing on your mind but apart from that you can make money online at any age.

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  5. Asked: August 28, 2023In: Money & Business

    Is there any disadvantage of making money online?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 28, 2023 at 6:39 pm

    Yes, anything in life has an advantage and a disadvantage, as an online worker there is an uncertainty in your job, you can lose at any time and you'll get no explanation for that, you can get sacked or the platform you're working on can disappear overnight etc. You also don't have any pension whatsRead more

    Yes, anything in life has an advantage and a disadvantage, as an online worker there is an uncertainty in your job, you can lose at any time and you’ll get no explanation for that, you can get sacked or the platform you’re working on can disappear overnight etc.

    You also don’t have any pension whatsoever, so what you make is all there is to it, no one really cares if you retire or not, these are some of the disadvantages of working online.

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  6. Asked: August 16, 2023In: Money & Business

    What are the challenge in making money online

    spencer
    spencer Enlightened Mentor
    Added an answer on August 28, 2023 at 6:29 pm

    There are many challenges relayed to making money online, even though its relative, some general ones are stability, when you're working online there are hundred things that could go wrong, you an lose your job, your client might disappear among others. You can also face challenges of not making enoRead more

    There are many challenges relayed to making money online, even though its relative, some general ones are stability, when you’re working online there are hundred things that could go wrong, you an lose your job, your client might disappear among others.

    You can also face challenges of not making enough money which is, there are months where you’ll not be able to make the amount you wish to make due to not getting enough jobs etc.

    You don’t have a pension, as an online worker even after many years of working online you can’t actually get any pension for that.

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  7. Asked: August 28, 2023In: Money & Business

    Differences between Online business and digital skill

    spencer
    spencer Enlightened Mentor
    Added an answer on August 28, 2023 at 3:52 pm

    There's a subtle differences between online business and digital skills, a skill is a way or method to do something, you can have different skills both online or offline,digital business on the other hand is a business like any other. A skill can only be sold based on time unit while a business canRead more

    There’s a subtle differences between online business and digital skills, a skill is a way or method to do something, you can have different skills both online or offline,digital business on the other hand is a business like any other.

    A skill can only be sold based on time unit while a business can encompass different types of skills both online and offline depending on what’s needed.

    You can have a digital skill without an online business, but you can hardly grow an online business without digital skills.

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  8. Asked: August 28, 2023In: Money & Business

    How much time should I spend online to earn money?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 28, 2023 at 3:39 pm

    I think this totally depends on who you're and what your priorities are, if you depend on making money online, then it's no brainer to dedicate time and say this is the time I'll only work online as you be short changing yourself. However if you're doing it as a side hustle and you're short on time,Read more

    I think this totally depends on who you’re and what your priorities are, if you depend on making money online, then it’s no brainer to dedicate time and say this is the time I’ll only work online as you be short changing yourself.

    However if you’re doing it as a side hustle and you’re short on time, you can dedicate some time to work that is time that works for you, there are a lot of ways to also manage your time, for example you can use Pomodoro to manage your time while working.

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

    How can one start a business with no initial investment?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 28, 2023 at 11:56 am

    To start a business without an initial investment is very possible especially if you are starting out on the internet, you can go on Facebook or LinkedIn and start sourcing for clients, depending on your skill sets and what you have to offer. You can then start offering them value and then turn themRead more

    To start a business without an initial investment is very possible especially if you are starting out on the internet, you can go on Facebook or LinkedIn and start sourcing for clients, depending on your skill sets and what you have to offer.

    You can then start offering them value and then turn them into a rotating clients where you get paid every month, there are many skills you can start a business with like web development, writing, virtual assistant etc

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  10. Asked: August 28, 2023In: Money & Business

    What are some zero-cost strategies for launching a business?

    spencer
    spencer Enlightened Mentor
    Added an answer on August 28, 2023 at 11:47 am

    Making profits in a business is not dependent on your own work output, it's bigger than that, in fact when it comes to business, output is not equal to input, you might work hard and do everything right and your business might still fail. The only metric you should focus on is your customers, that iRead more

    Making profits in a business is not dependent on your own work output, it’s bigger than that, in fact when it comes to business, output is not equal to input, you might work hard and do everything right and your business might still fail.

    The only metric you should focus on is your customers, that is the people you’re serving, do they like what you’re offering, If yes then good strive and make it better else  you have to engage with the market and find out what works.

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