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spencer

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spencer
spencerEnlightened Mentor
Asked: July 14, 2024In: Money & Business

How To Start a Perfume Business?

How can I start a business selling perfume, where can I buy it at a wholesale price and get profits on top of it?

How can I start a business selling perfume, where can I buy it at a wholesale price and get profits on top of it?

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  1. De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 11, 2025 at 5:26 pm

    Starting a perfume business is a very nice idea and can make you a lot of money if you are very hard working dedicated and know how to advertise very well to people around you most especially. To make a lot of money from this business you need to know a lot of people and also advertise your productRead more

    Starting a perfume business is a very nice idea and can make you a lot of money if you are very hard working dedicated and know how to advertise very well to people around you most especially.

    To make a lot of money from this business you need to know a lot of people and also advertise your product too the whole wide audience.

    You do that by finding a very good location like a university or somewhere elsewhere populated so that the young adults will patronize you

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spencer
spencerEnlightened Mentor
Asked: July 13, 2024In: Money & Business

How To Build a Rock Solid Savings Discipline?

Why is it hard for a lot of people to stick to saving money, they almost mostly end up spending their savings and back to square one.

Why is it hard for a lot of people to stick to saving money, they almost mostly end up spending their savings and back to square one.

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  1. Mina204
    Mina204 Newcomer
    Added an answer on February 22, 2026 at 7:35 am

    Building a strong savings discipline means learning how to save money consistently, even if the amount is small. First, make saving a priority by deciding to save a fixed amount from any money you receive. You can start by saving immediately after you get paid, instead of spending first. Next, creatRead more

    Building a strong savings discipline means learning how to save money consistently, even if the amount is small. First, make saving a priority by deciding to save a fixed amount from any money you receive. You can start by saving immediately after you get paid, instead of spending first. Next, create a simple budget to control your spending and avoid unnecessary expenses. Try to avoid impulse buying and focus only on things you truly need. It also helps to keep your savings in a separate account so you are not tempted to spend it. In simple terms, building savings discipline means being consistent, planning your spending, and learning to put aside money regularly for the future

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spencer
spencerEnlightened Mentor
Asked: July 13, 2024In: Money & Business

How To Start an Export Business in Nigeria?

How can a Nigerian business owner starts an export business, what are the requirements needed to get started in such business?  

How can a Nigerian business owner starts an export business, what are the requirements needed to get started in such business?

 

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  1. Esther012345
    Esther012345 Newcomer
    Added an answer on January 5, 2026 at 10:53 pm

    Starting an export business in Nigeria begins with understanding what products are in demand internationally and legally approved for export. Common export items include agricultural products, solid minerals, and locally processed goods. Researching target markets helps you understand quality standaRead more

    Starting an export business in Nigeria begins with understanding what products are in demand internationally and legally approved for export. Common export items include agricultural products, solid minerals, and locally processed goods. Researching target markets helps you understand quality standards, pricing, and buyer expectations. This early planning reduces risk and helps you focus on products with real demand.

     

    The next step is proper registration and compliance. A business must be registered with the Corporate Affairs Commission and obtain necessary approvals from relevant authorities such as export promotion agencies. Proper documentation, including export licenses and customs requirements, is important to avoid delays or penalties. Working with professionals or export consultants can make this process easier.

     

    Building reliable supply and logistics is also essential. Exporters need consistent product quality, proper packaging, and trustworthy shipping arrangements. Partnering with farmers, manufacturers, or cooperatives helps maintain steady supply. Logistics planning ensures goods arrive safely and on time.

     

    Finally, success in export business requires patience and relationship building. Establishing trust with international buyers, maintaining quality, and communicating clearly support long-term growth. With careful planning and compliance, exporting can become a sustainable business opportunity.

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spencer
spencerEnlightened Mentor
Asked: July 13, 2024In: Money & Business

Does Education Guarantees a Lucrative Job?

Does going to uni or an education a reason to get a good job? What other thing does one needs to add to?

Does going to uni or an education a reason to get a good job? What other thing does one needs to add to?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on August 22, 2025 at 1:57 am

    Yes, to some extent but just with it  doesn't guarantee a lucrative job, because there are other things involved. but it significantly increases your chances of higher earnings and lower unemployment rates. Thing is that while a degree can open doors and provide valuable skills for career advancemenRead more

    Yes, to some extent but just with it  doesn’t guarantee a lucrative job, because there are other things involved. but it significantly increases your chances of higher earnings and lower unemployment rates.

    Thing is that while a degree can open doors and provide valuable skills for career advancement, other factors like passion, attitude, networking, economic conditions, and individual skills also play a crucial role in securing and thriving in a well-paying career.

    Education as an Advantage, because there’s a correlation between higher levels of education and increased lifetime earnings. You first need the certification first which is what education offers.

    .

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spencer
spencerEnlightened Mentor
Asked: July 13, 2024In: Money & Business

How Can Employee Services Be Improved On?

As a business owner, what can you do to iovr the welfare of your employees in general, increase of salary or what exactly?

As a business owner, what can you do to iovr the welfare of your employees in general, increase of salary or what exactly?

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  1. eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on May 14, 2026 at 8:34 am

    Employee services can definitely be improved, the most important thing here is if the business owner is ready to do this, and has the needed resources to achieve it. One of the ways employees services can be improved is to ensure that their working space is well equipped with the needed tools to beRead more

    Employee services can definitely be improved, the most important thing here is if the business owner is ready to do this, and has the needed resources to achieve it. One of the ways employees services can be improved is to ensure that their working space is well equipped with the needed tools to be productive and comfortable at the same time. 

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spencer
spencerEnlightened Mentor
Asked: July 13, 2024In: Money & Business

Should A Business Get A Verification Badge?

As a business owner, with pages on social media, is it advisable to purchase the blue badge, what are the advantages?

As a business owner, with pages on social media, is it advisable to purchase the blue badge, what are the advantages?

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  1. Inem
    Inem Knowledge Seeker
    Added an answer on July 14, 2024 at 4:41 pm

    When a brand on X buys the blue badge verification, it sends a message to customers who don't really know the brand that it has invested something on its page for it to be a scam. It would help to portray an image of authenticity for that brand. Customers would tend to want to patronize the brand thRead more

    When a brand on X buys the blue badge verification, it sends a message to customers who don’t really know the brand that it has invested something on its page for it to be a scam. It would help to portray an image of authenticity for that brand. Customers would tend to want to patronize the brand that is verified by X  because they believe it to be legit.

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spencer
spencerEnlightened Mentor
Asked: July 13, 2024In: Insurance, Money & Business

Why Are Comprehensive Insurance Expensive?

Why is it that premium insurance are super expensive to buy, are there other alternatives when it comes to premium insurance?

Why is it that premium insurance are super expensive to buy, are there other alternatives when it comes to premium insurance?

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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on July 20, 2024 at 2:43 pm

    Comprehensive insurance is costly due to coverage like protection against a range of risks, like damage, theft, natural disasters, and accidents. The cost reflects the insurance company's liability and payouts. Moreover, comprehensive coverage includes extra benefits and perks. This contributes to hRead more

    Comprehensive insurance is costly due to coverage like protection against a range of risks, like damage, theft, natural disasters, and accidents. The cost reflects the insurance company’s liability and payouts. Moreover, comprehensive coverage includes extra benefits and perks. This contributes to high premium compared to basic insurance policies.

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spencer
spencerEnlightened Mentor
Asked: July 13, 2024In: Money & Business

What Habits Can Cause A Good Business to Crash?

What are the kind of habits can a business owner exhibit that’ll make his business to fail, list them and their remedy?          

What are the kind of habits can a business owner exhibit that’ll make his business to fail, list them and their remedy?

 

 

 

 

 

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  1. Abigael
    Abigael Trusted Adviser Abigael
    Added an answer on July 17, 2024 at 9:57 am

    One habit that can lead to the crash of a business is overspending business money. Business people who do not know how to manage funds end up bankrupting the business. The remedy to this is to learn accounting or hire a professional accountant to manage business funds. Another habit that could leadRead more

    One habit that can lead to the crash of a business is overspending business money. Business people who do not know how to manage funds end up bankrupting the business. The remedy to this is to learn accounting or hire a professional accountant to manage business funds. Another habit that could lead to a business crash is treating customers poorly. Customer service is what attracts and keeps customers and without them, business will crash. It is best to teach employees proper customer service always.

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spencer
spencerEnlightened Mentor
Asked: July 13, 2024In: Money & Business

How To Get Started as a Financial Analyst?

As someone with a passion in Financial analytics, how can I get started in such field, what do I need to know?

As someone with a passion in Financial analytics, how can I get started in such field, what do I need to know?

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  1. raaman
    raaman Expert Mind A blogger and a writer interested in learning.
    Added an answer on July 29, 2024 at 2:38 pm

    To get started as a financial analyst, pursue a degree in accounting or finance, gain experience through entry-level positions or internships, develop analytical skills, stay updated on industry trends, consider certifications like CFA, build a professional network, and showcase your expertise throuRead more

    To get started as a financial analyst, pursue a degree in accounting or finance, gain experience through entry-level positions or internships, develop analytical skills, stay updated on industry trends, consider certifications like CFA, build a professional network, and showcase your expertise through creating a strong resume and LinkedIn profile.

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spencer
spencerEnlightened Mentor
Asked: July 12, 2024In: Money & Business

How To Build a System That help Your Reach Your Goals Faster?

What are some ways a business owner can position their goals to make them Acheivable and also measurable?

What are some ways a business owner can position their goals to make them Acheivable and also measurable?

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  1. Avarose
    Avarose Enlightened Mentor
    Added an answer on August 7, 2025 at 11:14 am

    To build a system that helps you reach your goals faster, begin by setting clear and realistic objectives. Break larger goals into smaller, actionable steps with deadlines. Use planners or apps to track your progress and make adjustments as needed. Make sure your goals are measurable by defining whaRead more

    To build a system that helps you reach your goals faster, begin by setting clear and realistic objectives. Break larger goals into smaller, actionable steps with deadlines. Use planners or apps to track your progress and make adjustments as needed. Make sure your goals are measurable by defining what success looks like, so you can easily see when you’ve achieved them. Regularly reviewing your progress keeps you focused and motivated throughout the process.

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