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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

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

Where to focus on as a graphic designer if i want to succeed?

Like i said on one of my previously asked questions, i am a graphic designer trying to create a solid brand for myself online and offline, what do you think should be my main focus if i am to succeed? ...Read more

Like i said on one of my previously asked questions, i am a graphic designer trying to create a solid brand for myself online and offline, what do you think should be my main focus if i am to succeed? Personally i think its more of increasing my skills and as well as marketing.

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businessentrepreneurgraphics
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  1. Emmyty
    Emmyty Trusted Adviser Entrepreneur
    Added an answer on September 2, 2023 at 5:11 pm

    To succeed as a graphic designer, it is essential to focus on four key areas. Firstly, develop a strong foundation in design principles and techniques by continuously honing your skills and staying updated with the latest trends in the industry. Secondly, cultivate a keen eye for aesthetics and theRead more

    To succeed as a graphic designer, it is essential to focus on four key areas. Firstly, develop a strong foundation in design principles and techniques by continuously honing your skills and staying updated with the latest trends in the industry. Secondly, cultivate a keen eye for aesthetics and the ability to create visually stunning and impactful designs that effectively communicate the desired message. Thirdly, establish a solid understanding of target audiences and their preferences, ensuring your designs resonate with them. Finally, build a robust portfolio showcasing your versatility, creativity, and ability to solve design problems, as it is a crucial asset for clients and employers.

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

what's the cost of starting up a POS business in Nigeria?

Point of sales popularly known as POS is a very common business here in my country Nigeria. Their major services is to help their customers withdraw and transfer funds from their local bank accounts with the use of an ATM ...Read more

Point of sales popularly known as POS is a very common business here in my country Nigeria. Their major services is to help their customers withdraw and transfer funds from their local bank accounts with the use of an ATM card. As at 2017/18 one could easily startup a POS business with just 50k in naira or more. How much does it cost to start up a POS business presently?

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  1. Emmyty
    Emmyty Trusted Adviser Entrepreneur
    Added an answer on September 8, 2023 at 7:33 pm

    The cost of starting a POS business in Nigeria can vary depending on various factors such as location, equipment, and additional services offered. However, on average, it can cost between 100,000 to 500,000 naira to set up a POS business. This amount includes purchasing a POS machine, securing necesRead more

    The cost of starting a POS business in Nigeria can vary depending on various factors such as location, equipment, and additional services offered. However, on average, it can cost between 100,000 to 500,000 naira to set up a POS business. This amount includes purchasing a POS machine, securing necessary licenses and permits, marketing, and initial operational expenses. It is always recommended to conduct market research and create a detailed business plan to get a more accurate estimate of the startup costs.

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

how should an employer deal with lazy employees?

These days we have a lot of lazy employees who do not want to work but want to get paid. What is the best way for an employer to deal with lazy employees?

These days we have a lot of lazy employees who do not want to work but want to get paid. What is the best way for an employer to deal with lazy employees?

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

do you plan on running your current business for years?

I have met some business owners and entrepreneurs who have said their customer business is only for a specific period of time, after that they plan on going into something else. I know of someone who owned a ...Read more

I have met some business owners and entrepreneurs who have said their customer business is only for a specific period of time, after that they plan on going into something else. I know of someone who owned a barbing salon fot years only to later change it to a gaming center later on. Do you plan on running your current business for long?

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  1. Mike Smith
    Mike Smith Knowledge Seeker
    Added an answer on September 14, 2023 at 4:59 pm

    Continuity should absolutely be one of the objective of a business owner or manager when he or she establishes a business idea. There is absolutely no individual who intends establishing a business today and wishes to close the business possibly within a week but rather he or she expect the businessRead more

    Continuity should absolutely be one of the objective of a business owner or manager when he or she establishes a business idea. There is absolutely no individual who intends establishing a business today and wishes to close the business possibly within a week but rather he or she expect the business to keep on bringing in imports and profits for years. If I were to establish a business this basically would be one of my most important objective. However this will require a whole lot of work on my part and I am fully aware of this.

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eldavis
eldavisEnlightened Mentor
Asked: September 13, 2023In: Money & Business

what quality should a business owner have to succeed?

Running a business is never easy, a business owner needs to put in their very best into the business for it to succeed. What quality should a business owner have in other to succeed?

Running a business is never easy, a business owner needs to put in their very best into the business for it to succeed. What quality should a business owner have in other to succeed?

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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 16, 2023In: Money & Business

designing with phone or laptop which is better?

Recently there have been a trend of people teaching others how to design with their smartphones with apps like canva, pixellab and the likes. Personally i am a graphic designer and photo editor but i mainly use Photoshop for my ...Read more

Recently there have been a trend of people teaching others how to design with their smartphones with apps like canva, pixellab and the likes. Personally i am a graphic designer and photo editor but i mainly use Photoshop for my designs and edits. There are persons who argue that using a smartphone is better. I know for a fact that using a phone does has it’s advantages and there have been some awesome  designs but i do not think its better. Which do you think its better between designing on phone or laptop?

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  1. Mercy esco
    Mercy esco Newcomer
    Added an answer on January 4, 2026 at 10:04 pm

    Designing is generally better on a *laptop* than a phone. Here’s why: 1. *Larger screen* – Gives more space to view and edit details. 2. *Advanced tools* – Laptops support powerful software like Adobe Photoshop, Illustrator, and Figma. 3. *Better precision* – Mouse, keyboard, and trackpad allow moreRead more

    Designing is generally better on a *laptop* than a phone. Here’s why:

    1. *Larger screen* – Gives more space to view and edit details.

    2. *Advanced tools* – Laptops support powerful software like Adobe Photoshop, Illustrator, and Figma.

    3. *Better precision* – Mouse, keyboard, and trackpad allow more control than touchscreens.

    4. *Multitasking* – Easier to manage files, layers, and multiple tabs.

    Phones are useful for quick edits or social media graphics, but for professional or complex design work, a laptop is more efficient and capable.

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