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Showing posts from March, 2021
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  Tips to Becoming a Successful Online Entrepreneur  An online entrepreneur is someone who conducts business via the internet. There are numerous types of online entrepreneur, from those who make some side income selling crafts to multimillionaire CEOs of internet monoliths. Today I want to help you understand what you need to know about online entrepreneurship and help you understand what it takes to start and succeed as your own boss. 1. Understand your "Why" Before you begin down your path of online entrepreneurship, you need to understand why you're looking to start your own business in the first place. Regardless of the reasoning, if you're looking to go full time there has to be a reason or set of reasons. Figure out what it is for you, this will allow you to succeed when times get tough. 2. Have a unique idea It may seem simplistic, but given the staggering amount of competition, the difference between being a successful online entrepreneur and just another opt

How to Set and Achieve Your Goals

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  For you to be successful in any field, you need to know how to set and achieve that goal that you want or have set. To increase your chances of achieving your goals in life here are some basic tips to follow; Reduce the number of goals Focus on the most crucial goals – let’s say about 5 or 6 as it is easier to focus on a few tasks at a time. Set action-oriented goals Make sure your goals are set in a way that will depend on your direct action to achieve them. For examples: spending two more hours to get an extra coin daily, meet 5/6 new people every day and so on. With such action-oriented goals, you will have to start working on them to get desired results. Measure your progress Make sure you evaluate your actions on a daily basis and your progress weekly – with this, you will be able to notice what works best and work does not work, as well as what needs to be done on your part. Adjust your approach You will need to monitor and adjust your actions constantly as yo

Smart Moves You Need To Make Before Turning 30

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  You might be young today but that won’t last forever. Being a youth is a gift that unfortunately many people squander. To get the best out of your youthfulness – stop talking the talk and start WALKING THE TALK. Here are 6 moves, smart ones for that matter, which you need to make before you turn 30 years. Be open to new opportunities Life is changing very fast so don’t close your mind simply because you have a well-paying job. Don’t close your mind because you’re in the first year and think the fourth year or your final year in college is far. For you to succeed, always be open-minded. Don’t be satisfied with that ‘small job’ you have. THINK BIG. Think about buying or building a home 30 per cent of the income that Kenyans get, go to paying rent. This simply means that if you add other expenses like school fees, transport, medical care and other expenses, you are left with almost nothing in your pocket. In other words, until you buy or build your own home, you will hardl

How to Avoid Loans – Six Basic Tips

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  Everyone has at least once in their life had to take a loan to cater for their financial needs. Today, having a loan is not a big deal, in fact with the coming in of mobile loans which are easy to get, people nowadays have multiple loans from different providers. Having a loan is not bad – it is actually very normal, but having too many of them to an extent that you have to take a loan to pay another loan is a problem. Once in a while, you will have to borrow from someone, get Okoa Airtime or Okoa Data, and that is just how life is. This article takes you through some of the very basic things you can do to at least reduce the number of times you opt for loans; Live within your means People usually opt for loans when they face a financial crisis – or a need for money comes up abruptly. Financial planning starts with having a monthly budget for everything from toothpaste to a weekly outing can help address this challenge. The trick here is to budget based on your earnings –
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Thinking about marketing? Here are some Importance of Digital Marketing Basically, digital marketing refers to any online marketing efforts or assets. Email marketing, pay-per-click advertising, social media marketing and even blogging are all great examples of digital marketing.  They help introduce people to your company and convince them to buy. Digital marketing, online marketing, internet advertising, whatever you call it, marketing your company online is a big deal these days.  After all internet usage has more than doubled over the past decade and this shift has massively affected how people purchase products and interact with businesses. The group of potential customers that are found online is a much larger group of people than you are likely to be able to attract locally. Using digital marketing, you can reach an enormous audience in a way that is both cost effective and measurable.  Other benefits include but not limited to: - Ability to interact with your prospects and lear

What Is Bitcoin and How Does It Work?

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  By Shahid Shaikh Bitcoin is a peer-to-peer electronic payment system created in 2009 by Satoshi Nakamoto. Bitcoin allows one to send money to anyone in the world, without the need for a central authority such as banks to issue accounts or process payments. Bitcoin was created as a solution to the current financial system, where a marginal number of large corporations and banks control the financial world and the processing of transactions across the world. It centralizes the control of finance and commerce and forces people to trust the banks to act responsibly. "The central bank must be trusted not to debase the currency, but the history of fiat currencies is full of breaches of that trust," Satoshi said in the P2P Foundation. Due to this trust issue, a major financial crisis affected the world at the end of 2007. This crisis inspired Satoshi to create  Bitcoin . Bitcoin is a computer program. You can download it precompiled, or you can download the source co
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 Online Investing is the Deal of the Day                                                 For many people, the word ''investing'' conjures up images of men in suits, monitoring the exchange of millions of dollars on a stock ticker. I am here to tell you that you don't need to be the wolf of wall street to start investing. It's okay if you are more of a mouse of main street. Even with a few coins your money can grow only if you are open minded and ready to take risks. In 2021 you can get a date, a ride or even gas with the swipe of a smartphone screen. Investing is no different. If you can automate your bills, why not your investments? It's just as easy.  Find out here With so many different options, investing in   Kenya  as a beginner is simpler and more straightforward than ever before. Soon you will see how addictive growing your money can be. Check our beginners plan here: Its never too late to start and remember ''Everyday is a bank account and ti

Where Super-Wealthy Kenyans Invest Their Money

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  A report by Knight Frank has revealed that Kenya’s super-wealthy individuals are increasing their holding of bonds, gold and cash.   According to the Wealth Report Attitudes Survey 2020, two-thirds of the wealth managers surveyed in Kenya report that their High Net Worth and Ultra High Net Worth clients increased their private equity investments, or plan to increase them soon.   The report found that the biggest increases in investments in the last one year was in equity investments through the stock market and in private equity investments to drive the growth of young businesses. The super-wealthy are also holding onto their investments in property and collectables, such as works of art. The report also found an exceptional rise in interest in action on climate change, with all surveyed wealth managers reporting that their clients were now more interested in climate change as a cause. This extended to their consumption, with wealth managers reporting that 27 per cent of Ke

Revealed: Kenya’s Most Expensive, Cheapest Loans

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  By Business Daily Absa Bank Kenya leads a group of large lenders offering the most expensive loans in the market, according to disclosures that rank small institutions as the cheapest providers of credit. A borrower taking Sh1 million personal secured loan for one year from Absa will incur a total credit cost of Sh143,007. The same loan size on similar duration at Sidian Bank will cost Sh140,807, Ecobank Kenya (Sh121,407), Family Bank (115,624), Standard Chartered Bank Kenya   (Sh115,000) and Equity Bank (Sh108,057). The ranking is based on tabulations of banks’ charges on the website developed by the Kenya Bankers Association (KBA) and the Central Bank of Kenya (CBK) to boost transparency and competition in the lending market. The data shows that interest rates charged by the 36 banks in the database range from 11 per cent to 13.63 per cent, with the variations in the total cost of credit-driven largely by differences in non-interest charges. Top 10 most expensive lenders