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Showing posts with the label entrepreneurial tips

[Opinion] Stop Doing These 8 Things If You Don’t Want to Remain Poor

Character they say is the beauty of a woman and money is the beauty of a man that's why every man desires success and a luxurious lifestyle. Moreover, few are willing to go through the right path of success in order to achieve it. There are certain things men do in their daily life activities that hinder their opportunity to success. They may see it as a way out of poverty, but woefully, it's the gateway to the throne of poverty. There are many habits that can keep a man in the circle of poverty. Check them out below: 1.      Gambling: There is no such thing as getting rich quick. Financial success takes time, takes initiative, and requires relentless effort to achieve. People who engage in gambling are deluded into thinking there is a shortcut to success. A lot of self-made millionaires today didn’t pursue any get-rich quick schemes. Instead, they make a habit of pursuing their dreams and their goals one after the other. A lot of Nigerian youths belie...

5 Hunting Job Mistakes To Avoid

If you do not want your job hunt to be a demoralizing, difficult and a futile attempt, you have to cut out several mistakes. The fact is not many potential employees know what they are getting wrong. They seem to fulfill all the requirements, have a splendid-looking resume but still cannot land a job. If you’re one of such people with an unsuccessful job hunt in 2019, avoid these 5 mistakes to stand a better chance in the future.  1. Beating Around The Bush It’s 2020 and employers are even more interested in what you can bring to the table. What value can you add to their organization? Rather than go on and on about all you’ve ever done, focus more on what you’ve accomplished. Employers are particularly interested in the main features and highlights of your ability to fit in to what they have. This means you’ll be better served when you indicate areas of your career that generate more interests. 2. Taking Rejection Personally Rejection is definitely part of th...

Coronavirus: 5 Vital Tips To Stay Productive While Working From Home

With the outbreak of the novel corona virus, many companies and organisations have had to go on lock down. Directives have been given for those who can work from home to do so, thanks to modern technology. In case you find yourself in the category of those who have to work from home, below are tips on staying productive. 1.        Create a Work space Now that your home is your temporary office, it is advisable that you designate a part of the house as your work space. Avoid choosing the bed, sofa or TV area. This is to ensure you keep leisure and work spaces well defined. 2.        Prioritize your tasks For every day you need to work, make a list of the things you need to get done and in the order in which they need to get done as soon as possible. This will help you move forward and achieve your objectives. 3.        Create a work schedule Now that you are working remotely,...

Two Ways To Retain Clients As An Entrepreneur

Lets be honest, being an entrepreneur is not as easy job and keeping clients is not a strong suit for everyone so today, I will be pointing out just a few things to do to retain clients. I'll admit that getting clients is easier than keeping them because a lot of people may be doing what you do and may probably be better at it than you. Things you can do to retain your clients: Sharpen your skills: There's no harm in trying to be a better version of yourself even when it comes to your work. You can always read about what you do and how others are doing it to make your own methods better. You can also attend seminars, meetings or even a book club with people interested in what you do and also reading about it to share ideas and get some inspiration. Be punctual and on time: Similar to the feeling you get when you order a meal youve been craving at the exact time you want it with the exact drink you want, is the feeling of being a satisfied customer getting what you order...

Tips For The Self-employed In This Coronavirus Pandemic

The numbers of victims of the Coronavirus increase by the day. Keeping your business from sinking is one of the major priorities during this crisis. A few notes and tips on how to keep your business moving in this crisis are: Follow the prevention steps provided by the Health Management Organizations i.e wash your hands regularly and keep them sanitized, use a tissue for coughs, avoid touching your face, drink water regularly, eat healthy and generally maintain a high level of hygiene. Digitize your business and move it majorly online. Don't stop marketing. Keep showing the world and your potential customers what you have to offer to them and don't relent. Keep in touch with your staff and keep them motivated to work. Give your customers attention, they are your priority and showing them you are available to them in this crisis will tell them how dedicated you are to them and to your business. Most importantly, stay safe as you will be in contact with lots of p...

Why You Should Start Recharge Card Business

Not all businesses are for everybody but there are some businesses that may not give you an instant large gain amount. Recharge card business is one of those businesses. A recharge card is a telephone card that users can use to add money to their calling account. Recharge cards are and will always be needed by people to get in touch with people, send texts and subscribe to the internet. Much like any other business you need a capital. You also need to know what category of the business you would want to venture into. Now, there are basically three categories in the business namely: Recharge card retail Recharge card wholesale  Recharge card dealing Recharge Card Retail is done by recharge card retailers who purchase recharge cards from wholesalers at a cheaper amount and sell directly to end users. On an average retailers can earn about N5 from every N100 recharge card. Recharge Card Wholesale is done by recharge card wholesalers who buy in bulk and sell to retaile...

Three Simple Ways To Stay Healthy While On A Business Trip

Its no news that as a hardworking business man or woman, a time will come when you'll need to travel on business. These simple tips are to help you stay on top of your game while out of your comfort zone and remain on top when you get back from your trip. Ways To Stay Healthy On A Business Trip: Maintain Your Exercise Routine: If you have a daily exercise routine do not fail to continue your workout plan so as to keep your mind and body sharp and in top shape. A few downsides to stopping your exercise routine are the fact that the change may affect your blood pressure and blood sugar detrimentally, may add to your body weight and joint aches may occur too. (Its good to take a walk every now and then so try doing that too). Eat Healthy: Instead of eating out all the time, moderate your eating and add some fruits to your diet. If you have a specific food diet try not stray from it and if you have no choice, try and eat from food classes around your diet choices. Eating healt...

Five Topsides To A Small Business

Every business is aiming to grow into a bigger and better business which is really great. Growing big should be a goal but it is important to know just how good your business is while still small. While a big business is awesome, here are a few topsides or benefits that show that a small business is awesome too: A small business will most likely focus on a particular skill set or product making it a go-to for customers who need that particular skill set or product. This focus will enable employees to know exactly what the business is all about and improve competence.  As a small business it will be easier to have a unique set of products and (or) services which will build up credibility over time. The credibility of the business builds up the confidence of the boss and the employees. Confidence in business shows that the business owner know exactly how good their product or service is and is one of the best ways for a customer to trust a business. Since you focus on a par...

Ideas For The Student Entrepreneur Vol.1

Being a student and looking for ways to add a little extra cash to your pocket or bank account can be two really tasking journeys. The quest to get more money to your name may end up having you fall into some serious scams on the internet. Besides scams the stress of going into business may also make you fall behind on school work. These ideas are to help students manage their time better and be more productive in the process: To better manage your time as a student you could try a weekend business as opposed to a daily business. Another idea is to run a delivery service for people who need things delivered within your school's environment for an affordable fee. A pocket friendly way to make a little extra cash would be to prepare home made snacks and drinks to be sold. They can be sold for a good enough price to stores who run day to day sales. It is important to note that while on the quest for money you do not forget your school work. As important as money is, it is...

Three Simple Ways To Get The Most Out Of Your Catering Business

Catering is a popularly known business in Nigeria and other countries around the world. It is sometimes difficult to keep this business afloat considering its a contract business and you can not predict exactly when next your next catering gig will pop up.  A few ways that you can use to get the best out of your catering business are stated below:           Buy in bulk: You may not be able to buy everything in bulk because you will need perishables, but things like rice, spices, canned foodstuff and other non-perishables would be more profitting when bought in bulk. Don’t be too modest, charge for what you need: Things like transporting to the market to get other things you need should be handled by your employer. They should be included in your budget, not to defraud them but to make sure you don’t spend more than you’re earning.   Market your craft: Hold tasting events to show the world what you have to offer. People will only ref...

Types Of Investments

Before making up your mind to invest in anything you should try to find out what type of investment will best suit your standards and whats best for you to go into as an investor. Growth Investment Growth investment  is a stock-buying strategy that  focuses on a companies capital appreciation. It is suitable  for long term investors who can withstand the ups and downs of the market. Defensive Investment Defensive investment places more importance on generating income as opposed to growth. They are seen as lower risk investment. Cash Investment Cash investment has a lower return level. They offer no capital growth but deliver a regular income. They include normal bank accounts, high interest savings and term deposits. Shares Shares can grow the value of your initial investment over a medium to long term. Shares are one of the most risky types of investment as their value may fluctuate as frequently as daily. Some shares pay you part of the companie...

Red Flags All Investors Should Look Out For

There are a lot of investment opportunities nowadays which is a good thing but the bad side is that people use the fact that people trust in these investment scams to make their own gain. Just as much as there are investment opportunities, there are also now a lot of scams posed as investments. Some telltale red flags you should keep an eye out for include: If it looks unbelievable, it  probably is. Investments that promise huge returns in a short time are probably a scam. You need detailed information about any business you want to put your money in so as not to fall victim to a scam. Investment offers from people you just met or barely know are to be avoided. You don't know them and unlike you, the investor they have nothing to loose.  If you feel pressured to invest its probably a bad call. Legit investments should not make you feel like you'll be the only one gaining, because you're not. The business owners always have a cut and if their cut is not well explain...

Lucrative Businesses To Startup As A Student

As a student there are sometimes you go broke sooner than expected and there is no fall back plan. There are businesses you can start up that won't cost much and you can maintain.Well here are a list of business ideas to use as a fall back plan: Typing and editing: This business can easily be done once a laptop or computer is available. Taking tutorial classes: You can collect an affordable fee to teach tutorials and sell your knowledge. Selling a compilation of past questions Selling clothes Making pastries Recharge card business Catering services Hair styling business Barbing business Selling home made drinks Laundering clothes

Tips To Balance Being A Parent And An Entrepreneur

Being an entrepreneur and a parent can be a really daunting task to say the least and the stress involved is a truck load. It's hard but you could try a few things to make it a little bit easier. All you need to do is strike a balance between being both and the following tips should be of help: Try to work around your kids schedule. This means when they're busy you need to get busy too. When they are in school or asleep would be the best time to give your work undivided attention. This is one of the upsides to working for yourself, you work at your own pace and create your own targets to your advantage. Keep work out of the way during family time. No work calls or other work related stuff during family time in order to give your family your full attention.  Try to outsource some tasks to give your family more time without it affecting your work. Pay someone to handle easily doable tasks, since its easy it will be hard to mess it up and you won't need to pay so...