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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

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

do you have any regrets since you became a business owner?

Most business owners today started off as employees working under someone, then from there they decide to grow their own business. Its a lot easier to work under someone than have a business of your own. Have you ever regretted ...Read more

Most business owners today started off as employees working under someone, then from there they decide to grow their own business. Its a lot easier to work under someone than have a business of your own. Have you ever regretted starting up your own business?

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  1. Carpon
    Carpon Expert Mind Hustler
    Added an answer on August 10, 2025 at 12:16 pm

    I have no regrets so far and I don't mean to say this because I have not made any mistakes buy because I have learnt that it is not always all perfect and that sometimes you actually need to.make those mistakes for you to get it right. It is important to understand that sometimes you need to learn fRead more

    I have no regrets so far and I don’t mean to say this because I have not made any mistakes buy because I have learnt that it is not always all perfect and that sometimes you actually need to.make those mistakes for you to get it right. It is important to understand that sometimes you need to learn from.your mistakes. This does not insinuate anything like you to go ahead and put yourself in any kind of trouble because you want to make a mistake and learn from it it

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eldavis
eldavisEnlightened Mentor
Asked: September 19, 2023In: Money & Business

one trait you feel every business owner should have?

Every business owner or entrepreneur have one or more traits that makes them unique and different from the rest, but i believe there are several traits everyone should have in general as an entrepreneur. One of these traits is honestly. ...Read more

Every business owner or entrepreneur have one or more traits that makes them unique and different from the rest, but i believe there are several traits everyone should have in general as an entrepreneur. One of these traits is honestly. These days we have so many entrepreneurs who are not honest in their dealings. What other traits must an entrepreneur have?

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  1. De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 20, 2025 at 6:12 pm

    If you want to be a very successful business man then there are things you really should be doing. Here are some traits I think a businessman should have. 1. You should be very honest to your customers and make a very good product or service. 2. You have to be consistent in what you're doing. 3. BeRead more

    If you want to be a very successful business man then there are things you really should be doing.
    Here are some traits I think a businessman should have.
    1. You should be very honest to your customers and make a very good product or service.
    2. You have to be consistent in what you’re doing.
    3. Be hardworking and try to be updated
    4. Be disciplined

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Light
LightTrusted Adviser
Asked: July 30, 2024In: Money & Business

What is Bothering You Now: Business Issues

As a business owner, you have couple of business problems to solve and you don’t know how to solve it. You have actually tried your best but no positive result. Comment on these posts and let’s find a long lasting ...Read more

As a business owner, you have couple of business problems to solve and you don’t know how to solve it. You have actually tried your best but no positive result. Comment on these posts and let’s find a long lasting solution together.

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  1. Tray59
    Tray59 Newcomer
    Added an answer on June 18, 2026 at 5:05 pm

    Am a business person what really bothering me now is inadequate customer before when I was operating my business in the old branch I use to have alot of customers but after relocation I can testify that am suffering from poor customers database.Even with proper advertising of my business and serviceRead more

    Am a business person what really bothering me now is inadequate customer before when I was operating my business in the old branch I use to have alot of customers but after relocation I can testify that am suffering from poor customers database.

    Even with proper advertising of my business and service I still don’t get enough customers so am hoping to Swift the business to a well populated areas

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

would you work in a company with bad reputation?

Would you accept to work in a company that has a bad reputation if they are willing to pay you a huge sum of money on a monthly basis?

Would you accept to work in a company that has a bad reputation if they are willing to pay you a huge sum of money on a monthly basis?

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eldavis
eldavisEnlightened Mentor
Asked: September 21, 2023In: Money & Business

what are the benefits of knowing your competition in business?

As a business owner or an entrepreneur, what are the benefits of knowing your competition? I came across someone who said every business owner should know their competition that it would help them do better.

As a business owner or an entrepreneur, what are the benefits of knowing your competition? I came across someone who said every business owner should know their competition that it would help them do better.

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  1. @ALA
    Best Answer
    @ALA Knowledge Seeker I'm A Student, But Future BILLIONAIRE!
    Added an answer on October 4, 2025 at 12:00 pm

    Competition in business drives innovation, pushing companies to create better products or services, similar to adapting to market changes. It improves customer satisfaction by offering more choices and competitive pricing, as with meeting client needs. Businesses enhance efficiency and quality to stRead more

    Competition in business drives innovation, pushing companies to create better products or services, similar to adapting to market changes. It improves customer satisfaction by offering more choices and competitive pricing, as with meeting client needs. Businesses enhance efficiency and quality to stand out, mirroring the discipline of skill building. It encourages cost management, preventing overpricing, akin to avoiding excessive profits. Competition fosters creativity in marketing and branding, like building an online presence. It motivates continuous learning and improvement, similar to choosing a passion driven career. Customers benefit from improved value and service, aligning with building client loyalties.

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eldavis
eldavisEnlightened Mentor
Asked: September 25, 2023In: Money & Business

time it takes before your business start making profits?

There is no fix time for when a business should start making profits, there are some who start making profits within a few days or weeks, then there are some who start making profits after a few months. How long ...Read more

There is no fix time for when a business should start making profits, there are some who start making profits within a few days or weeks, then there are some who start making profits after a few months. How long did it take before your business starts making profits?

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  1. Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 25, 2023 at 2:20 pm

    An individual to establish a business today does not mean that it will start making profit that same day, establishing and managing a business requires patience that is why it is advisable for one individual to have the quality of patients when he or she established business. With patience and indivRead more

    An individual to establish a business today does not mean that it will start making profit that same day, establishing and managing a business requires patience that is why it is advisable for one individual to have the quality of patients when he or she established business. With patience and individual will be able to seek for various ways to boost his or her business outputs, also with patience and individual will be able to interact with members of the public who are the business targeted audience, and from time-to-time build cordial and lasting relationship with them so as to win their loyalty and trust.

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eldavis
eldavisEnlightened Mentor
Asked: September 9, 2023In: Money & Business

how do i balance my work and personal life

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
    Added an answer on September 9, 2023 at 12:04 pm

    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 9, 2023In: Money & Business

should i also include the price?

Some years back i came across a coach who said while advertising your products, the price of the products should not be added, as this would allow only does serious enough to want to purchase the products to actually go ...Read more

Some years back i came across a coach who said while advertising your products, the price of the products should not be added, as this would allow only does serious enough to want to purchase the products to actually go through the stress of contacting you. Recently i came across someone else who said it is advisable to add the price when advertising as this would eliminate unnecessary bargaining and pricing from the customer’s end. What’s your take on this? Should i include the price when advertising or not?

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

how much would it cost to startup a standard restaurant?

I have a close relative who always talk about starting up a restaurant or eatery in the future. How much would it cost to startup a standard restaurant?

I have a close relative who always talk about starting up a restaurant or eatery in the future. How much would it cost to startup a standard restaurant?

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eldavis
eldavisEnlightened Mentor
Asked: September 25, 2023In: Money & Business

what qualities do you look out for in your employees?

Hiring an employee is a very important and delicate issue, choosing the wrong person could easily break the business, and the right person can make the business expand more. What qualities should a business owner look at when selecting or ...Read more

Hiring an employee is a very important and delicate issue, choosing the wrong person could easily break the business, and the right person can make the business expand more. What qualities should a business owner look at when selecting or hiring an employee?

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  1. Umumuslima
    Umumuslima Newcomer
    Added an answer on September 25, 2023 at 2:55 pm

    I definitely would look for all great and positive quanlities in all my employees and the number  one quality is punctuality as the saying goes, punctuality is the soul of business hence punctuality  is number one. Then dedication follow suit, because it is only when employees are dedicated to theirRead more

    I definitely would look for all great and positive quanlities in all my employees and the number  one quality is punctuality as the saying goes, punctuality is the soul of business hence punctuality  is number one.

    Then dedication follow suit, because it is only when employees are dedicated to their job that significant improvement will occur in the company growth.

    Then other quanlities follows, ranging from

    Obedience

    Patience

    Love

    Tolerance

    Intelligence and the likes.

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