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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: September 2, 2023In: Money & Business

What mistakes should i avoid as a graphic designer?

I am a graphic designer and photo editor, i am currently working on creating a brand for my business. At the moment i am working from home but i believe with time i should be able to expand the business ...Read more

I am a graphic designer and photo editor, i am currently working on creating a brand for my business. At the moment i am working from home but i believe with time i should be able to expand the business further. What are the mistakes i should try and avoid as a graphic designer and young entrepreneur?

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  1. Emmyty
    Emmyty Trusted Adviser Entrepreneur
    Added an answer on September 2, 2023 at 5:36 pm

    As a graphic designer, it is essential to avoid some common mistakes. Firstly, don't overcomplicate designs by using too many fonts or colors, as it can confuse the viewer and dilute the message. Secondly, always pay attention to details such as spelling, grammar, and punctuation, as errors can dimiRead more

    As a graphic designer, it is essential to avoid some common mistakes. Firstly, don’t overcomplicate designs by using too many fonts or colors, as it can confuse the viewer and dilute the message. Secondly, always pay attention to details such as spelling, grammar, and punctuation, as errors can diminish the professionalism of your work. Thirdly, don’t forget to follow the client’s brief accurately, ensuring that your design aligns with their goals and preferences. Lastly, avoid relying too heavily on trends, as they can quickly go out of style, and instead strive for timeless and innovative designs.

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eldavis
eldavisEnlightened Mentor
Asked: September 12, 2023In: Money & Business

how do you maintain quality relationship with your customers?

Just like your employees, your customers are also a very vital part of your business. Without them there is no business which is why it is extremely important as business owners we have a good relationship with your customers. As ...Read more

Just like your employees, your customers are also a very vital part of your business. Without them there is no business which is why it is extremely important as business owners we have a good relationship with your customers. As a business owner, how do you create a good relationship with your customers?

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  1. Crystal
    Crystal Knowledge Seeker Experience on Blockchain technologies.
    Added an answer on March 11, 2024 at 9:00 pm

    To maintain quality relationship with customer firstly you must try and be honest and transparent in your dealings. Building trust is key to long-term relationships on any business. Another thing is respond quickly to inquiries, whether through phone, email, or social media. Timely responses demonstRead more

    To maintain quality relationship with customer firstly you must try and be honest and transparent in your dealings. Building trust is key to long-term relationships on any business.

    Another thing is respond quickly to inquiries, whether through phone, email, or social media. Timely responses demonstrate commitment can help in maintaining your customers relationship.

    You have to always implement loyalty programs to reward repeat customers. Offer discounts, and gifts to regularly customers to maintain the relationship.

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eldavis
eldavisEnlightened Mentor
Asked: September 20, 2023In: Money & Business

What site are you currently working on?

There are lots of online paying sites one can work on, some have reduced their payment while others have stopped paying. What site are you currently working on?

There are lots of online paying sites one can work on, some have reduced their payment while others have stopped paying. What site are you currently working on?

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  1. Precious
    Precious Knowledge Seeker KIDI CARE
    Added an answer on September 20, 2023 at 2:22 pm

    Currently I'm working on single site called advisordia.com, here is where I perform some task like asking questions related to money and answering some valuable questions, the site is amazing no doubt because at least I'm able to earn some money sometimes in two weeks or less. I'll like to explore mRead more

    Currently I’m working on single site called advisordia.com, here is where I perform some task like asking questions related to money and answering some valuable questions, the site is amazing no doubt because at least I’m able to earn some money sometimes in two weeks or less.

    I’ll like to explore my skills in others site though but unfortunately I only find one, I hope someday I’ll find others site to make money.

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eldavis
eldavisEnlightened Mentor
Asked: September 12, 2023In: Money & Business

biggest challenge employees face and how to overcome it.

Every business has its own challenge. While the business owner might be faced with certain challenges, the employees also have their own challenges such as meeting up with deadlines or creating a balance between their work life and business life. ...Read more

Every business has its own challenge. While the business owner might be faced with certain challenges, the employees also have their own challenges such as meeting up with deadlines or creating a balance between their work life and business life. What was the biggest challenge you faced or you are currently facing as an employee and how do you over come them?

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  1. Inem
    Inem Knowledge Seeker
    Added an answer on July 23, 2024 at 1:10 am

    Being an employee and working in a high pressure industry can be quite challenging to an employee. One major challenge that employees face is taking the fall for failure of the business leadership and being put under pressure for those same failures. Materials and mobilisation for a task would be reRead more

    Being an employee and working in a high pressure industry can be quite challenging to an employee. One major challenge that employees face is taking the fall for failure of the business leadership and being put under pressure for those same failures. Materials and mobilisation for a task would be released quite late and the employees are expected to work magic to meet up with datelines within a short period. That could be very demoralising.

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eldavis
eldavisEnlightened Mentor
Asked: September 14, 2023In: Money & Business

what exactly is an ideal customer to a business owner

From time to time we talk about how a business owner should act or behave or the qualities an ideal business owner should have. What about customers? What qualities should an ideal customer have?

From time to time we talk about how a business owner should act or behave or the qualities an ideal business owner should have. What about customers? What qualities should an ideal customer have?

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  1. Light
    Light Trusted Adviser
    Added an answer on September 14, 2023 at 5:05 pm

    I would have said an ideal customer doesn't exist anywhere, but on the other perspective, an ideal customer, to a business owner, is someone who values the product or service offered, has a genuine need for it, can afford it, and is likely to become a loyal, repeat customer. They align with the busiRead more

    I would have said an ideal customer doesn’t exist anywhere, but on the other perspective, an ideal customer, to a business owner, is someone who values the product or service offered, has a genuine need for it, can afford it, and is likely to become a loyal, repeat customer. They align with the business’s target audience, making marketing efforts more effective. Ideal customers often provide valuable feedback and referrals, contributing positively to the business’s growth and success.

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eldavis
eldavisEnlightened Mentor
Asked: September 18, 2023In: Money & Business

when would you consider as the right time to start a business?

There are does who tend to wait for the right time before starting a business, as an experienced entrepreneur, is there actually anything as the right time for a business startup? And what time should be considered as the right ...Read more

There are does who tend to wait for the right time before starting a business, as an experienced entrepreneur, is there actually anything as the right time for a business startup? And what time should be considered as the right time?

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  1. Light
    Light Trusted Adviser
    Added an answer on September 18, 2023 at 6:38 pm

    For each person, there is a different ideal time to launch a business. Your level of readiness, market demand, and financial stability are among the variables that will determine this. Starting when you have a solid company idea, a workable plan, and enough finances is frequently advantageous. TiminRead more

    For each person, there is a different ideal time to launch a business. Your level of readiness, market demand, and financial stability are among the variables that will determine this. Starting when you have a solid company idea, a workable plan, and enough finances is frequently advantageous. Timing may also coincide with some aspects of one’s life, such as financial security or a strong support system. The right moment to pursue your entrepreneurial aspirations is ultimately when you feel prepared and confident to do so.

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eldavis
eldavisEnlightened Mentor
Asked: September 23, 2023In: Money & Business

how do you handle uncertainty and fear in business?

one thing affecting so many business men and entrepreneurs today is the fear of the unknown. Due to fear a lot of persons have refused to take a step further in growing their business. As an experienced entrepreneur, how do ...Read more

one thing affecting so many business men and entrepreneurs today is the fear of the unknown. Due to fear a lot of persons have refused to take a step further in growing their business. As an experienced entrepreneur, how do you deal with fear and uncertainty? 

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on May 3, 2026 at 7:56 am

    Fear and uncertainty are part of every business journey—you can’t eliminate them, but you can manage them. Start by turning fear into information: research your market, test ideas in small steps, and learn from feedback. Set clear but flexible goals so you can adjust when things change. Focus on whaRead more

    Fear and uncertainty are part of every business journey—you can’t eliminate them, but you can manage them. Start by turning fear into information: research your market, test ideas in small steps, and learn from feedback. Set clear but flexible goals so you can adjust when things change. Focus on what you can control, not what you can’t. Build confidence through action—each small win reduces fear. Finally, accept that failure is not the end, but a lesson that sharpens your next move.

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eldavis
eldavisEnlightened Mentor
Asked: September 7, 2023In: Money & Business

Are you increasing your price for products and services?

Presently the economy is no where near friendly, the price of goods and commodities has gone up. Almost every business owner in my area is increasing the price of their services and products. Have you increased yours, or do you ...Read more

Presently the economy is no where near friendly, the price of goods and commodities has gone up. Almost every business owner in my area is increasing the price of their services and products. Have you increased yours, or do you think retaining your old price while others increase there’s would generate more sales for you?

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  1. Inem
    Inem Knowledge Seeker
    Added an answer on July 18, 2024 at 6:04 pm

    There is nothing that we can do as business people than to raise the prices of our products. The prices of inputs are steadily increasing and we don't have any other option as business people than to effect a price increase in our products or we would be out of business. I have already increased theRead more

    There is nothing that we can do as business people than to raise the prices of our products. The prices of inputs are steadily increasing and we don’t have any other option as business people than to effect a price increase in our products or we would be out of business. I have already increased the price of my birds for my poultry farm. A 2kg live chicken now sells for $3.5 from in my farm from the $2 we used to sell sometime ago. Increase in prices of products by businesses is a cause and effect thing.

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eldavis
eldavisEnlightened Mentor
Asked: September 11, 2023In: Money & Business

what is the importance of having a mission and vision

I noticed almost all legit business out there have a mission and a vision, most of them even have this stated on their official websites. What is the importance of having a mission and a vision in business?

I noticed almost all legit business out there have a mission and a vision, most of them even have this stated on their official websites. What is the importance of having a mission and a vision in business?

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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on August 18, 2025 at 12:27 am

    Statements of vision and mission are important  to a legit business so that everyone involved in the organization understand what the organization will achieve and how it will be accomplished. This is about keeping everyone on the same page to go in the same direction". Vision and Mission StatementsRead more

    Statements of vision and mission are important  to a legit business so that everyone involved in the organization understand what the organization will achieve and how it will be accomplished. This is about keeping everyone on the same page to go in the same direction”.

    Vision and Mission Statements provide a framework for decision-making and guide the actions and behaviours of individuals within the business. They are statements which are easily distinguishable by their objectives-

    Having a vision places a purpose upon your goal-setting activities. Without an end goal or destination in mind, then you won’t have a clear or defined path. Vision provides this. you can start by setting small, attainable goals as stepping stones.

     

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eldavis
eldavisEnlightened Mentor
Asked: September 8, 2023In: Money & Business

is snail farming still lucrative in Nigeria?

Back in the days, snail business was known as one of the lucrative business out there in agriculture. Today in my location i hardly hear people talk much about large scale snail farming, is snail farming still lucrative in Nigeria ...Read more

Back in the days, snail business was known as one of the lucrative business out there in agriculture. Today in my location i hardly hear people talk much about large scale snail farming, is snail farming still lucrative in Nigeria today?

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businessentrepreneurmoney
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  1. Carpon
    Carpon Expert Mind Hustler
    Added an answer on August 27, 2025 at 5:23 pm

    I feel like yes snail farming is still consuming it in Nigeria because there are some people that are still consuming it a lot of people actually. Thinking about businesses that once you have your customers available it will always flourish. One thing that you must be able to know how to do this marRead more

    I feel like yes snail farming is still consuming it in Nigeria because there are some people that are still consuming it a lot of people actually. Thinking about businesses that once you have your customers available it will always flourish.

    One thing that you must be able to know how to do this market your business very well because some people lack the ability to market properly and that is why their business is not going forward

    You need to just have the necessary tools and the right target audience or customers

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