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eldavis
eldavisEnlightened Mentor
Asked: September 13, 2023In:

I have tired some freelancing sites before in the past and it was not really easy. I have not been able to make any sales on them and to be honest i have not really been active and consistent on ...Read more

I have tired some freelancing sites before in the past and it was not really easy. I have not been able to make any sales on them and to be honest i have not really been active and consistent on these sites.  Are there really any freelancing site that is easy to work on as a beginner?

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eldavis
eldavisEnlightened Mentor
Asked: September 20, 2023In:

Is it wrong to ask about the personal lives of your employees or potential employees? I have come across some persons who usually find this offensive or as some would call it invasion of privacy. What’s your take on this?

Is it wrong to ask about the personal lives of your employees or potential employees? I have come across some persons who usually find this offensive or as some would call it invasion of privacy. What’s your take on this?

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  1. Augusta
    Augusta Enlightened Mentor

    To some  extent as an employer, Asking about your employees' personal lives allows you to demonstrate emotional intelligence and show that you're not just focused on results, but also on their emotional well-being. So it is not totally wrong . This  act shows empathy and can lead to greater employeeRead more

    To some  extent as an employer, Asking about your employees’ personal lives allows you to demonstrate emotional intelligence and show that you’re not just focused on results, but also on their emotional well-being. So it is not totally wrong . This  act shows empathy and can lead to greater employee satisfaction and loyalty.

    But Employers can’t ask you about personally sensitive info surrounding marriage, family, or living situation. These questions aren’t related to the suitability for a job

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eldavis
eldavisEnlightened Mentor
Asked: September 24, 2023In:

During a business class, one of the speakers said it was wrong to post memes and funny videos on your business account, that it makes you look less serious to your customers. Personally i think posting memes once in awhile ...Read more

During a business class, one of the speakers said it was wrong to post memes and funny videos on your business account, that it makes you look less serious to your customers. Personally i think posting memes once in awhile makes your post more lively and enjoyable. What’s your take on this?

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  1. spencer
    spencer Enlightened Mentor

    Yes, it actually increase engagement on your platform and make people visit your page often, if you just keep on posting business stuff, it might seem boring for your customers or clients, all work no play makes jack a dull boy. So you can be mixing it with a little bit fun and also do some quizzesRead more

    Yes, it actually increase engagement on your platform and make people visit your page often, if you just keep on posting business stuff, it might seem boring for your customers or clients, all work no play makes jack a dull boy.

    So you can be mixing it with a little bit fun and also do some quizzes and give away it will bring more people to your page and will always await your post which you can use as a leverage.

     

     

     

     

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eldavis
eldavisEnlightened Mentor
Asked: September 18, 2023In:

Though no one wants to experience failure when it comes to business but failure or losses is one thing that might occur at any moment. Do you think an entrepreneur should also make plans for losses in the business?

Though no one wants to experience failure when it comes to business but failure or losses is one thing that might occur at any moment. Do you think an entrepreneur should also make plans for losses in the business?

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  1. Allison
    Allison Knowledge Seeker Archiever 💪🏽🔥

    Any successful business comes with failure, because when you lose, that will make you see your mistake and work on it. A business owner should plan for the upcoming failure, because it'll surely come. Since this is coming, it's very crucial to have a back up plan. A business owner can do this my SavRead more

    Any successful business comes with failure, because when you lose, that will make you see your mistake and work on it. A business owner should plan for the upcoming failure, because it’ll surely come. Since this is coming, it’s very crucial to have a back up plan. A business owner can do this my Saving some money, Incase thighs like this happens or pop up unexpectedly, that’s what we call plan B in a business. When it seems like A isn’t working, you bring in plan B.

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eldavis
eldavisEnlightened Mentor
Asked: September 9, 2023In:

One common problem most business owners have and young entrepreneur is on how to balance their personal life from their work life. Most people tend to get too carried away with work that they fail to build up a personal ...Read more

One common problem most business owners have and young entrepreneur is on how to balance their personal life from their work life. Most people tend to get too carried away with work that they fail to build up a personal and social life as well. How do you balance your personal and social life?

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  1. Ceejay76
    Ceejay76 Newcomer

    It's very common to find some type of people that, it's very difficult to have time for themselves, they worked 24/7. And for that kind of a person, it's hard to balance his work and personal life. If you're considering how you can balance your work and personal life, you should seek for help. DelegRead more

    It’s very common to find some type of people that, it’s very difficult to have time for themselves, they worked 24/7. And for that kind of a person, it’s hard to balance his work and personal life. If you’re considering how you can balance your work and personal life, you should seek for help. Delegate tasks at work and enlist the help of family members or friends for personal responsibilities. Consider taking regular breaks from screens and technology to recharge and be present in the moment. Make time for self-care activities like exercise, meditation, or hobbies that bring you joy. With time you will be able to balance your work and your personal life effectively.

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eldavis
eldavisEnlightened Mentor
Asked: September 21, 2023In:

Most people assume taking a loan is the best way to generate funds for a business startup, personally i feel it is better to save funds rather than take a loan, what do you think is the best way to ...Read more

Most people assume taking a loan is the best way to generate funds for a business startup, personally i feel it is better to save funds rather than take a loan, what do you think is the best way to generate funds for a business startup?

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  1. Emmyty
    Best Answer
    Emmyty Trusted Adviser Entrepreneur

    The best way to secure funds for your business is to develop a comprehensive business plan that demonstrates a strong and profitable idea. Next, consider seeking out investors such as angel investors or venture capitalists who specialize in funding new businesses. Additionally, applying for businessRead more

    The best way to secure funds for your business is to develop a comprehensive business plan that demonstrates a strong and profitable idea. Next, consider seeking out investors such as angel investors or venture capitalists who specialize in funding new businesses. Additionally, applying for business loans from banks or government programs can provide the necessary capital. Finally, considering alternative options like crowdfunding or seeking grants can also be viable ways to secure funds for your business.

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eldavis
eldavisEnlightened Mentor
Asked: September 8, 2023In:

i heard drop shipping is one of the most lucrative business to go into for students and non students. How much do i need to start up a drop shipping business here in Nigeria and how do i go about ...Read more

i heard drop shipping is one of the most lucrative business to go into for students and non students. How much do i need to start up a drop shipping business here in Nigeria and how do i go about it?

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  1. Emmyty
    Emmyty Trusted Adviser Entrepreneur

    To start a drop shipping business in Nigeria, you will need some initial capital to purchase inventory from suppliers. The amount needed can vary depending on the products you choose and the scale of your business, but start with a budget of around $500-$1000.   To go about it, research and ideRead more

    To start a drop shipping business in Nigeria, you will need some initial capital to purchase inventory from suppliers. The amount needed can vary depending on the products you choose and the scale of your business, but start with a budget of around $500-$1000.

     

    To go about it, research and identify profitable products, then find reliable suppliers or manufacturers who offer drop shipping services. Create an online store or utilize existing e-commerce platforms to showcase your products. Market your store through social media advertising, influencer partnerships, and search engine optimization to attract customers and drive sales. Always prioritize customer service and timely order fulfillment to ensure customer satisfaction and repeat business.

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eldavis
eldavisEnlightened Mentor
Asked: September 2, 2023In:

Some days back i attended a business event where one of the speakers said he is a business owner but he is on salary. According to him every month end he also pays himself along side his workers. This actually ...Read more

Some days back i attended a business event where one of the speakers said he is a business owner but he is on salary. According to him every month end he also pays himself along side his workers. This actually prevents him from touching the company money as well how to manage. Personally i think this is a great idea and i plan on doing this. Do you also pay yourself?

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  1. [Deleted User]
    [Deleted User]

    Yes, as a business owner, you typically pay yourself a salary or take distributions from your business's profits to compensate yourself for your work and investment in the company. The specific method and amount can vary based on your business structure (e.g., sole proprietorship, LLC, corporation)Read more

    Yes, as a business owner, you typically pay yourself a salary or take distributions from your business’s profits to compensate yourself for your work and investment in the company. The specific method and amount can vary based on your business structure (e.g., sole proprietorship, LLC, corporation) and financial circumstances. It’s advisable to consult with an accountant or financial advisor to determine the most tax-efficient way to pay yourself.

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eldavis
eldavisEnlightened Mentor
Asked: September 22, 2023In:

At my previous work, most of the employees had to buy their own working materials. Personally i feel this is wrong. Do you think the employees are the ones to buy their own tools or should the company provide for ...Read more

At my previous work, most of the employees had to buy their own working materials. Personally i feel this is wrong. Do you think the employees are the ones to buy their own tools or should the company provide for them?

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  1. Avarose
    Avarose Enlightened Mentor

    In my opinion, employees shouldn’t have to buy their own work materials. If certain tools are necessary to do the job, it’s the company’s responsibility to provide them. Asking employees to cover these costs can feel unfair and may show a lack of respect for their time and effort. Supplying proper eRead more

    In my opinion, employees shouldn’t have to buy their own work materials. If certain tools are necessary to do the job, it’s the company’s responsibility to provide them. Asking employees to cover these costs can feel unfair and may show a lack of respect for their time and effort. Supplying proper equipment is important for supporting staff and helping them perform their best.

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eldavis
eldavisEnlightened Mentor
Asked: September 2, 2023In:

At the moment i am still pretty much a young entrepreneur, i believe a time would come where i would need to expand my business in terms of services, what should i look out for when it comes to selecting ...Read more

At the moment i am still pretty much a young entrepreneur, i believe a time would come where i would need to expand my business in terms of services, what should i look out for when it comes to selecting a service to expand my business?

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  1. Suba
    Suba Knowledge Seeker

    There are several factors that you need to pay attention to when you want to expand your business 1. Study company growth, and make sure your business finances are in good health. 2. Make a detailed plan starting with the required capital, business location, or making new products, the number of empRead more

    There are several factors that you need to pay attention to when you want to expand your business
    1. Study company growth, and make sure your business finances are in good health.
    2. Make a detailed plan starting with the required capital, business location, or making new products, the number of employees needed, market conditions etc.
    3. Prepare the capital needed, without adequate capital expansion will tend to fail.

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