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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?
Read lessI noticed some entrepreneur usually fix price on their products on the high side, according to them, anyone who is not able to afford it is not their target audience and of cause based on the quality. Then there are ...Read more
I noticed some entrepreneur usually fix price on their products on the high side, according to them, anyone who is not able to afford it is not their target audience and of cause based on the quality. Then there are does who sell their products on a cheaper price. Their strategy is the more customers they have, they would be able to match the profit of does who sell at a higher pice. Between selling at a higher price and selling at a lower price to get more quantity Which strategy is better?
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Choosing between quality and quantity depends on your brand's "DNA." If you choose Quality, you target high-margin, low-volume sales where customers pay a premium for status, durability, or specialized service. If you choose Quantity, you play the "volume game," focusing on low-margin, high-turnoverRead more
Choosing between quality and quantity depends on your brand’s “DNA.” If you choose Quality, you target high-margin, low-volume sales where customers pay a premium for status, durability, or specialized service. If you choose Quantity, you play the “volume game,” focusing on low-margin, high-turnover sales where price is the main draw. In 2026, most sustainable businesses choose a “Quality Core” with “Quantity Add-ons.” High quality builds the reputation, while high-quantity, lower-cost items provide the daily cash flow.
See lessAs a business owner, what should be your core values for your business if you want the business to succeed and how should a business owner decide on picking a core value?
As a business owner, what should be your core values for your business if you want the business to succeed and how should a business owner decide on picking a core value?
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The core values of a business are fundamental principles that guide its actions and decision-making processes. These values express the organization's beliefs, ethics, and ideals. To ensure business success, core values should prioritize integrity, innovation, customer satisfaction, and employee empRead more
The core values of a business are fundamental principles that guide its actions and decision-making processes. These values express the organization’s beliefs, ethics, and ideals. To ensure business success, core values should prioritize integrity, innovation, customer satisfaction, and employee empowerment. A business owner should reflect upon their personal beliefs and vision for the company, understand the needs and expectations of their target market, and align core values that resonate with both their own values and the aspirations of their customers and employees.
See lessEvery 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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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
When it comes to starting up a business, you need capital to do this. How much capital did you use to startup your business at the early stage?
When it comes to starting up a business, you need capital to do this. How much capital did you use to startup your business at the early stage?
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I started my business with zero capital. This was possible because I started online business on ecommerce marketplace. If you want to start a business without any capital, using ecommerce marketplace is the best option. You can choose form various options such as Amazon, eBay, Facebook Marketplace,Read more
I started my business with zero capital. This was possible because I started online business on ecommerce marketplace. If you want to start a business without any capital, using ecommerce marketplace is the best option. You can choose form various options such as Amazon, eBay, Facebook Marketplace, Instagram shop, etc. However, to generate sales you still need money as you need to do paid marketing.
See lessWhen if comes to running w business, especially during the early stage, the business owner needs to work hard to ensure the business does not crash. Is it possible for a business owner to overwork themselves in this stage? Or ...Read more
When if comes to running w business, especially during the early stage, the business owner needs to work hard to ensure the business does not crash. Is it possible for a business owner to overwork themselves in this stage? Or is there a thing like working too hard?
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Yes, working excessively hard can have bad effects on your business. While commitment is important, overworking can result in burnout and have a negative influence on both physical and mental health. Relationships could be strained, and productivity could suffer. Long-term success depends on findingRead more
Yes, working excessively hard can have bad effects on your business. While commitment is important, overworking can result in burnout and have a negative influence on both physical and mental health. Relationships could be strained, and productivity could suffer. Long-term success depends on finding a balance between work and personal obligations. Effective work, delegation, and regular breaks can help businesses avoid the negative impacts of long workdays.
See lessDuring 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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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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I met someone who said it was offensive to ask about health issuance during an interview but personally i see nothing wrong in this. What’s your take on this?
I met someone who said it was offensive to ask about health issuance during an interview but personally i see nothing wrong in this. What’s your take on this?
Read lessAlthough it's not always incorrect to bring up health insurance during an interview, it's usually preferable to start by going over the duties and requirements of the position. Discussions on pay and benefits usually take place later in the hiring process, either during a second interview or after aRead more
Although it’s not always incorrect to bring up health insurance during an interview, it’s usually preferable to start by going over the duties and requirements of the position. Discussions on pay and benefits usually take place later in the hiring process, either during a second interview or after an offer has been made. This makes sure that the initial conversational focus is on your credentials and how well you fit the post.Although it’s not always incorrect to bring up health insurance during an interview, it’s usually preferable to start by going over the duties and requirements of the position. Discussions on pay and benefits usually take place later in the hiring process, either during a second interview or after an offer has been made. This makes sure that the initial conversational focus is on your credentials and how well you fit the post.
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I have seen cases where customers refer a particular business to someone else, how do you get your customers to refer your business to others?
I have seen cases where customers refer a particular business to someone else, how do you get your customers to refer your business to others?
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Generating customer referrals is not any kind of rocket science knowledge, but to successfully generate referrals to your business through your present customers you must make sure that the goods and services in which your present customers purchase meet their needs and wants perfectly. Customers anRead more
Generating customer referrals is not any kind of rocket science knowledge, but to successfully generate referrals to your business through your present customers you must make sure that the goods and services in which your present customers purchase meet their needs and wants perfectly. Customers and clients to a business organisation are ready to give the business organisation their loyalty and trust if and only if the business organisation satisfy their needs and wants perfectly through the selling of goods and services. That obviously demands that the business organisation sales and render high quality and reliable goods and services to customers and clients, so that when their needs and wants are met, they will always want to tell their family members friends or colleagues about such a wonderful products your business offers. On the other hand you can earn customer referrals through word-of-mouth interaction with your present customers, by openly telling them to also tell their friends and family members about your products.
See lessIn my previous job before i started my small business, we use to have on sundays as our day off, even during these sundays, there where some days we would have to go to the office. There are some companies ...Read more
In my previous job before i started my small business, we use to have on sundays as our day off, even during these sundays, there where some days we would have to go to the office. There are some companies that make their employees come to the office seven days a week, no breaks. What’s your business schedule like, do you take the weekends off or do you work during the weekends?
Read lessBeing a business owner means you get to set your own schedule, but it also means taking on a lot of responsibility. Many entrepreneurs find it hard to completely disconnect during weekends, especially in the beginning stages. You might not stick to strict office hours, but you'll probably be checkinRead more
Being a business owner means you get to set your own schedule, but it also means taking on a lot of responsibility. Many entrepreneurs find it hard to completely disconnect during weekends, especially in the beginning stages. You might not stick to strict office hours, but you’ll probably be checking on things, replying to customers, or planning for the future.
However, working nonstop for 7 days straight is not a sustainable way to go. Successful business owners usually establish a flexible routine – putting in the necessary work but also making time to relax and recharge. Even if you don’t fully step away on weekends, having some lighter days or personal time is crucial for keeping up productivity and preventing burnout.
To sum it up: while working weekends is an option, it’s not something you should do all the time. Finding a balance is vital for achieving long-term success.
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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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