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Home»online business»Page 5
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Jewel
JewelKnowledge Seeker
Asked: September 19, 2023In: Money & Business

How much should I put into investment?

The amount of money we use in a particular investment in a particular asset is very important because it’s determine the amount of you are going to get out from it after everything, so how much should i spend in ...Read more

The amount of money we use in a particular investment in a particular asset is very important because it’s determine the amount of you are going to get out from it after everything, so how much should i spend in investment?

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investmentmoneyonline business
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  1. spencer
    spencer Enlightened Mentor
    Added an answer on July 17, 2024 at 5:22 pm

    How much to invest is really subjective depending on your income, it's generally around 30%, you should focus on clearing any debt or paying back loans before you think of investment, it's easier to start on a clean slate. Also when it comes to investment it varies because of many factors like the aRead more

    How much to invest is really subjective depending on your income, it’s generally around 30%, you should focus on clearing any debt or paying back loans before you think of investment, it’s easier to start on a clean slate.

    Also when it comes to investment it varies because of many factors like the asset class you’re investing in and your knowledge about Investment.

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Jewel
JewelKnowledge Seeker
Asked: September 18, 2023In: Money & Business

How much of my monthly income should I shift for investment?

Some people find it difficult to start an investment because of their income, they are afraid of the risk of losing therefore also losing their income, if am a salary earner, how much if my income should i shift and ...Read more

Some people find it difficult to start an investment because of their income, they are afraid of the risk of losing therefore also losing their income, if am a salary earner, how much if my income should i shift and keep for investment?

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investmentmonthly incomeonline business
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  1. spencer
    spencer Enlightened Mentor
    Added an answer on June 17, 2024 at 1:53 pm

    This depends solely on your goals, how do you want to acheive your goals, faster or you have other priorities you're considering now, the bench mark is basically just 20%, but if you're an aggressive investor you can save 50% a month and put it in your investment portfolio. By doing this you'll be aRead more

    This depends solely on your goals, how do you want to acheive your goals, faster or you have other priorities you’re considering now, the bench mark is basically just 20%, but if you’re an aggressive investor you can save 50% a month and put it in your investment portfolio.

    By doing this you’ll be able to reach your goals faster and live out your dreams of financial independence, you will have to gather some knowledge though.

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spencer
spencerEnlightened Mentor
Asked: June 14, 2024In: Money & Business

How To Make Money Online on Gumroad?

How can I make money selling on the Gumroad platform, what are the criteria involved and how can I leverage it to sell products?

How can I make money selling on the Gumroad platform, what are the criteria involved and how can I leverage it to sell products?

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make moneymake money onlineonline business
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  1. Slaky12
    Slaky12 Knowledge Seeker Cryptocurrency Engineering
    Added an answer on June 14, 2024 at 7:32 pm

    This are some ways to make money online on Gumroad Which include - Research: Understand what your target market is looking for to ensure sales success. - Recruit Affiliates: Gumroad's affiliate program can help you increase your sales. - Refresh Product Content and Images: Create product images andRead more

    This are some ways to make money online on Gumroad Which include
    – Research: Understand what your target market is looking for to ensure sales success.
    – Recruit Affiliates: Gumroad’s affiliate program can help you increase your sales.
    – Refresh Product Content and Images: Create product images and thumbnails that catch people’s eyes.
    – Retarget Your Customer: Use tracking pixels to target customers who have left Gumroad without buying anything.
    – Refine Your Strategy: Use tags, categories, and the Gumroad Discover feature to refine your strategy.
    – Master the Art of Pricing: Create a pricing strategy that offers customers exactly what they want.

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spencer
spencerEnlightened Mentor
Asked: June 9, 2024In: Money & Business

How To Build an Online Shopify Store?

What’s the best way to build a Shopify store, what are the requisite? Do I need to have a technical knowledge or anyone can do it?  

What’s the best way to build a Shopify store, what are the requisite? Do I need to have a technical knowledge or anyone can do it?

 

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ecommercemake moneyonline business
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  1. Ramolak19
    Ramolak19 Knowledge Seeker
    Added an answer on June 11, 2024 at 10:06 pm

    In this 21st century there are lot of business like an online Shopify store that requires a few essential steps like to create a Shopify account and select a plan that works for you. While you also need to add products with descriptions and images to your store and use Shopify's themes to modify itsRead more

    In this 21st century there are lot of business like an online Shopify store that requires a few essential steps like to create a Shopify account and select a plan that works for you. While you also need to add products with descriptions and images to your store and use Shopify’s themes to modify its appearance. Configure your domain, set up payment and shipping methods, and search engine optimize your store. In order to draw clients and increase revenue, then open your store and advertise it.

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spencer
spencerEnlightened Mentor
Asked: June 10, 2024In: Money & Business

Is It Advisable for a Business Owner to Hire VA?

Is it Advisable for a business owner to hire a virtual assistant that can be helping out with crucial office tasks like booking a meeting and answering emails?

Is it Advisable for a business owner to hire a virtual assistant that can be helping out with crucial office tasks like booking a meeting and answering emails?

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Mike Smith
Mike SmithKnowledge Seeker
Asked: September 14, 2023In: Money & Business

Online or offline business, which would you suggest I establish?

Everyone keeps establishing businesses here and there, some people even think that online business is better than offline business. Please which of these two categories of business would you suggest I establish?

Everyone keeps establishing businesses here and there, some people even think that online business is better than offline business. Please which of these two categories of business would you suggest I establish?

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offline businessonline business
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  1. spencer
    spencer Enlightened Mentor
    Added an answer on June 6, 2024 at 5:53 pm

    Go start an offline business that brings in money everyday, if you can get this done, then in couple of months, you would've saved enough capital to venture into online business, offline business is easier to establish and you can expand quiet quick depending on what you offer. Online Businesses areRead more

    Go start an offline business that brings in money everyday, if you can get this done, then in couple of months, you would’ve saved enough capital to venture into online business, offline business is easier to establish and you can expand quiet quick depending on what you offer.

    Online Businesses are mostly out of your control and there isn’t much you can do to influence them, most times you just have to wait it out.

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Mika
MikaExpert Mind
Asked: May 1, 2024In: Money & Business

What legal formalities should small business follow?

What are the legal and regulatory considerations that small business owners must be aware of when starting and operating their ventures? What kind of laws should they follow?

What are the legal and regulatory considerations that small business owners must be aware of when starting and operating their ventures? What kind of laws should they follow?

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business lawsonline businesssmall business
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  1. spencer
    spencer Enlightened Mentor
    Added an answer on June 3, 2024 at 11:55 am

    The legal formalities involved in small business should be to register the business first and make it a legal entity and then with time you scale it up and start paying up taxes. In most countries small businesses do not pay tax till after five years so you are covered, I think that's the only formaRead more

    The legal formalities involved in small business should be to register the business first and make it a legal entity and then with time you scale it up and start paying up taxes.

    In most countries small businesses do not pay tax till after five years so you are covered, I think that’s the only formalities you’ll have to cover and you’re good to go.

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Mika
MikaExpert Mind
Asked: April 26, 2024In: Money & Business

How to compete witrh ecommerce markets?

One of the biggest threats for online businesses, especially small businesses, comes from ecommerce markets. How do you compete with ecommerce markets as an online business?

One of the biggest threats for online businesses, especially small businesses, comes from ecommerce markets. How do you compete with ecommerce markets as an online business?

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ecommerceonline businessselling online
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  1. spencer
    spencer Enlightened Mentor
    Added an answer on June 3, 2024 at 11:29 am

    Competing in ecommerce markets depends on the quality of products you offer, and whether you can be the best in the market, so for example if you offer a quality product than your competitors, you can be the best in that market. There are other types of ways you can compete also like customer care,Read more

    Competing in ecommerce markets depends on the quality of products you offer, and whether you can be the best in the market, so for example if you offer a quality product than your competitors, you can be the best in that market.

    There are other types of ways you can compete also like customer care, and fast processing of orders, and refund policies, all of these things can be competed in.

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spencer
spencerEnlightened Mentor
Asked: May 31, 2024In: Money & Business

The Role of Software in an Online Business?

In an online business, you’re basically powered by either your own platform or other entrepreneurs platform, which is built by a software, what’s the role of software in such businesses?

In an online business, you’re basically powered by either your own platform or other entrepreneurs platform, which is built by a software, what’s the role of software in such businesses?

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make money onlineonline businesssoftware development
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spencer
spencerEnlightened Mentor
Asked: May 31, 2024In: Money & Business

What's the Most Competitive Online Business To Get In?

What’s the most competitive online business currently, is it Blogging, Blockchain, Writing online, Influencer or Web development?

What’s the most competitive online business currently, is it Blogging, Blockchain, Writing online, Influencer or Web development?

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make moneymake money tipsonline business
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