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eldavis
eldavisEnlightened Mentor
Asked: September 22, 2023In:

What is the best from of communication during work hours? There are some companies who usually use phone calls to communicate with one another. Where i used to work we mainly made use of whatsapp for communication. What would you ...Read more

What is the best from of communication during work hours? There are some companies who usually use phone calls to communicate with one another. Where i used to work we mainly made use of whatsapp for communication. What would you consider as the best from of communication ?

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  1. Polojay
    Polojay Active Contributor I am a student

    Based on my own perspective, I'll say the best form of communication during working hours is through the WhatsApp platform. WhatsApp has provided an effective and easy way of communicating with friends, families and colleagues in a business organization. You can communicate easily with co workers inRead more

    Based on my own perspective, I’ll say the best form of communication during working hours is through the WhatsApp platform. WhatsApp has provided an effective and easy way of communicating with friends, families and colleagues in a business organization.

    You can communicate easily with co workers in an organization through the use of WhatsApp. You can either chat, send a voice note or even have a video call when necessary.  Once you are connected to the internet, anytime you receive a message through WhatsApp, a notification will pop up in your device, which makes it quick to receive urgent messages.

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eldavis
eldavisEnlightened Mentor
Asked: September 19, 2023In:

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 ...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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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor

    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.

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Alex Johnson
Alex JohnsonNewcomer
Asked: September 12, 2023In:

What are those good qualities an entrepreneur need to adapt to in order to have a successful business? As you all know an entrepreneurial journey is not an easy one

What are those good qualities an entrepreneur need to adapt to in order to have a successful business?

As you all know an entrepreneurial journey is not an easy one

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  1. Slaky12
    Slaky12 Knowledge Seeker Cryptocurrency Engineering

    A good entrepreneurs building and nurturing relationships with others in their industry or related fields can open doors to opportunities, collaborations, and valuable insights. An entrepreneurs often possess qualities such as resilience, creativity, adaptability, determination, leadership, and a wiRead more

    A good entrepreneurs building and nurturing relationships with others in their industry or related fields can open doors to opportunities, collaborations, and valuable insights.
    An entrepreneurs often possess qualities such as resilience, creativity, adaptability, determination, leadership, and a willingness to take calculated risks. They also tend to be excellent communicators, problem-solvers, and have a strong sense of vision and passion for their endeavors.

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eldavis
eldavisEnlightened Mentor
Asked: September 16, 2023In:

When it comes to a business setup, it is one thing to hire workers and it is another to have qualified workers. As a business owner how do you find qualified workers for your business?

When it comes to a business setup, it is one thing to hire workers and it is another to have qualified workers. As a business owner how do you find qualified workers for your business?

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  1. Light
    Best Answer
    Light Trusted Adviser

    There are several steps involved in finding qualified staff. Start by creating a detailed job description and requirements list. Promote positions through company websites, job boards, and social media. Utilize referrals from coworkers and professional networks. Examine resumes, conduct interviews,Read more

    There are several steps involved in finding qualified staff. Start by creating a detailed job description and requirements list. Promote positions through company websites, job boards, and social media. Utilize referrals from coworkers and professional networks. Examine resumes, conduct interviews, and take into account cultural fit, abilities, and experience. When necessary, examine references and run background checks. Finally, to recruit and keep top people for your company, provide competitive pay and benefits.

     

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eldavis
eldavisEnlightened Mentor
Asked: September 8, 2023In:

Catering service is a very common and lucrative business here in my location, but the major problem is the amount of people who are into it. At present there is a very high level of competition in catering service. How ...Read more

Catering service is a very common and lucrative business here in my location, but the major problem is the amount of people who are into it. At present there is a very high level of competition in catering service. How do i deal with the competition and stay at the top.

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  1. Abigael
    Abigael Trusted Adviser Abigael

    The catering business is very common indeed, there is so much competition there. But it is also a lucrative business because people need food everyday. In order to survive through the competition, you need to make your business as unique as possible. Offer a variety of foods at affordable prices. AlRead more

    The catering business is very common indeed, there is so much competition there. But it is also a lucrative business because people need food everyday. In order to survive through the competition, you need to make your business as unique as possible. Offer a variety of foods at affordable prices. Also, choose your target audience well so as to set up the business in a good location. You could choose to sell food to people in offices or around a construction site. That way, you build a customer base that always buys from you.

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eldavis
eldavisEnlightened Mentor
Asked: September 19, 2023In:

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

    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: August 21, 2023In:

Today everyone wants to be an entrepreneur, but not everyone has what it takes to overcome most of the challenges that comes with being an entrepreneur. When it comes to being an entrepreneur i am pretty much abit new to ...Read more

Today everyone wants to be an entrepreneur, but not everyone has what it takes to overcome most of the challenges that comes with being an entrepreneur. When it comes to being an entrepreneur i am pretty much abit new to the system, so far my major problem is on improving more of my skills to be able to compete with others and as well promoting my business in terms of Marketing and advertising to be able to attract sales. My solution for the aspect of skills at the moment is to pick up more courses, both free and paid courses. I believe this would help me know more and be more confident in myself. As for the aspect of marketing, i have got some ideas but still having issues putting them into action. What problems are you currently facing or what are the problems you faced before as an entrepreneur and how did you overcome them?

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  1. Augusta
    Augusta Enlightened Mentor

    For me it has always been about getting new customers. it is never easy for anyone and it doesn't just happened. You must put in the work so that you can get the desired results. if you can get at least 5-6 new customers daily then you should know that you are on the road to the growth in your businRead more

    For me it has always been about getting new customers. it is never easy for anyone and it doesn’t just happened. You must put in the work so that you can get the desired results. if you can get at least 5-6 new customers daily then you should know that you are on the road to the growth in your business.

    For getting new customer one need to be very friendly with people. you need to be kind to your existing customers and be a solution to them this will help you to get new customers from the existing ones. You have to provide quality product or service too. This will help to bring customers both new and old as well

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eldavis
eldavisEnlightened Mentor
Asked: September 14, 2023In:

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

    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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Abbylove
AbbyloveActive Contributor
Asked: August 25, 2023In:

The level of success an entrepreneur can achieve varies widely based on factors such as their business idea, execution, market conditions, and personal skills. Some entrepreneurs become extremely successful, building large, profitable companies, while others may have more modest achievements. ...Read more

The level of success an entrepreneur can achieve varies widely based on factors such as their business idea, execution, market conditions, and personal skills. Some entrepreneurs become extremely successful, building large, profitable companies, while others may have more modest achievements. Hard work, innovation, adaptability, and a bit of luck can play a significant role in determining an entrepreneur’s level of success.

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  1. Avarose
    Avarose Enlightened Mentor

    An entrepreneur’s success depends on a lot of things like how good their business idea is, how well they put it into action, and if there’s a real demand for what they’re offering. Some entrepreneurs manage to build massive companies and make a big impact, while others grow smaller, steady businesseRead more

    An entrepreneur’s success depends on a lot of things like how good their business idea is, how well they put it into action, and if there’s a real demand for what they’re offering. Some entrepreneurs manage to build massive companies and make a big impact, while others grow smaller, steady businesses that still bring them satisfaction and financial stability. What really separates those who succeed is their ability to adapt when things don’t go as planned, learn from their mistakes, and keep pushing forward even when it gets tough. Luck and timing also play a role, but they’re not everything.

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eldavis
eldavisEnlightened Mentor
Asked: September 25, 2023In:

I see a lot of fancy and beautiful business names out there, how do people come up with their business names? And how did you come up with yours?

I see a lot of fancy and beautiful business names out there, how do people come up with their business names? And how did you come up with yours?

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  1. Umumuslima
    Best Answer
    Umumuslima Newcomer

    Anything can trigger you to the kind of name you intend to choose while naming your company. Some people even combine their father name and theirs,some pick letters from their kids name and merge even husband and wife pick letters from each other name and name their company. However one should try aRead more

    Anything can trigger you to the kind of name you intend to choose while naming your company.
    Some people even combine their father name and theirs,some pick letters from their kids name and merge even husband and wife pick letters from each other name and name their company.
    However one should try and be considerate when picking name for company as sometimes a catchy name do attract customers as the saying goes how you dressed you are addressed.

    Which in this case implies that when you want to select any name for your company try and be neutral, stay in between don’t be too local and don’t be too international.
    It should be a name that can easily be remembered and referable.

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