High risk, high reward business

We all aspire to become wealthy but how to make it happen, each one of us has a style and plan which is why many venture into a high risk business with the thought that it has a high reward. If you’re aspiring not just to be wealthy, but to really hit the big time, a product business may be your best bet. Although product businesses can lead to super riches, the risk and failure rate is very high. You have to decide how to channel your product in such a way that at the end of your goal, you can see you succeed. There are many tools to consider in marketing your products so you need not worry about the competitors just do your way.

What is your best time for trading?

In the online trading world it could be crypto future trading or forex future trading there is a good and perfect time where there are a lots of trading and biding are running and taking place, those times are when the time zone of those developed countries merge and overlap at this time many online investors invest their money and they trad and yeah there will be a lots of profit and also a lots of price variations so it needs some focus, but the bad time for trading is on a Friday night, most of the times if i start trading on Friday night then there will be no much change and the price variation is very slow on crypto. and for forex trading it will be close at the weekend.

Bitcoin is heading to $40,000.

The bitcoin price is showing a huge increase and the price is increasing constantly before some days it was about $34k and now at this time (November 20 /2023) the price is around $37,400 and still it is increasing before few hours when i try to trad with bitcoin the price was around $34,100 but now wow its heading to $40k.
Do you think bitcoin will hit $40k before new year?

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Have you played betting on Freebitcoin.in

One of the oldest and most fames bitcoin faucet site is freebitcoin.in and it have many users from the beginning till now, this faucet website is my first free earning option and i have withdrawer from this faucet site many time and i really love it because it was my first paying online free money earning platform, and the best thing about this faucet platform is that it have betting option so that you can make your earning bigger by betting your favorite sport games and big events.

What is the Downside of giving our employees too much freedom?

Any employee have the right to get freedom at his or her working areas, and there are a limit of freedom that he or she can get on their working areas, but some times employers give too much freedom to their works and that will show some negative impact on the job and shows less productivities, some works use their freedom for bad things like using phone instead of working, and talking work unrelated talks with coworkers for long times.
So in your view do you think giving too much freedom for works have downside?

What makes you to cut a workers salary for punishment's?

Some times workers do some unethical things and they violet the rule of the working area and their boss or their employer punish them with cutting their salary for the thing they done, and some times the boss even don't warn them they just cut their salaries without letting the worker know,
So if you were the boss what makes you to cut their salary? and do you think cutting salary will change a workers behavior?

In a business world is Competition mandatory?

The business world have many challenges and also many ups and downs, when a person decides to run a business and plan a business idea he or she should know that the business world is not easy and needs a lots of hard working, but some say business world is full of competitions and you need to be competitive in order so survive, but my question is does the business world needs to be always competitive? can we run a business without any competitions.

How to eliminate implusive shopping as a business owner

As a business owner you would be hurting your business by buying things you don’t really need. it is always for the best of your business to find ways to cut down on unplanned purchases.

The truth is that Spontaneous purchases as a business owner can derail your business money goals. You begin to spend money implausively which can hinder your business growth and expansion.

The way out is to avoid what triggers this habit like setting an email filter so you don’t see those items that will trigger you to make impulsive purchases.

Focus more on purchases of restocking your business stock that need restocking.

What do you think?

How to track your business outflow

As a good business owner you need to keep track of your business outflow which is what you have spent so that you don't over do it. You know your inflow should always be higher than your outflow. You can start by doing the following:

So start by writing down what you spend for a week . This is to help you improve financial confidence.

Track your expenses almost all the time to become more financially resilient.

Then create a realistic budget for all your outflows . You can make a budget that tracks the business income and spending. This is about knowing how money is coming in and out in the business

Evaluate your financial habits in the business over time. Cut out unnecessary things increasing outflows in the business.

What do you think?

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How to reduce business recurring expenses

The truth is that some recurring monthly costs in your business can add up pretty quick., so it is always at the best business interest to lower these cost.

It is always good to temporarily suspend some of these costs,you can pause them for a long while or just opt out permanently from them

You can do this by deleting an app subscription you no longer need.

Make a list and rule out anything you want to put on hold

Stop checks for recurring payments and auto-drafts.

one key value you would never compromise as an entrepreneur

As an entrepreneur or business owner, i believe each and everyone of us have different values and beliefs we work with. There are times we might have to change these values or beliefs just so we can adjust to does around us and so on. Is there a particular key value you would never change no matter what?
One key value i would never go back on is being honest about the quality of goods i sell. I would never knowingly sell fake products to customers, or lie about the quality of the products.

Do not invest if you lack sales ability

Lacking sales ability is a disaster,, the investor may just look around and look up the sky thinking about what to do and say to people. It is not a good idea if you are a timid type, shy type, and no sales talk. What must you do if you lack sales talk? You practice what to say, master your products, examine your products, and ask yourself about them in terms of the benefits they could offer to people. Jot down what to say and speak out in front of your family and have them evaluate your performance. You can also video record what to say to practice selling.

Don't run a business if you are impatient

If yo have an impatient personality, never do business. You will surely be disliked by the people in the community. Being understanding and patient to customers gives the business owner good applause and they will be loyal to you because of your treatment of them. Being impatient means you are moody, you cannot control your mood and emotions. It prevails especially if you are so tired or busy, so let your assistant do the work on your behalf to avoid a worst scenario. Rest your mind to avoid a bad shot from your customers.

is it right to copy someone's business idea?

When it comes to issues like this, personally i feel it is wrong to copy the ideas of others, unless you have taken permission from the original owner, or you simply use their ideas as a guideline to help create yours. These days i have come across so many persons who tend to copy ideas belonging to other even without permission and they dont care about the effects it would cost in the future.

Is it possible to Investing small and get good profit?

We all seen that a huge investment plans have a huge and big profit business and they make a lots of moneys because if the initial investment fund, and peoples assume that in order to get huge and good profit we need to invest a lots of moneys, but is it possible to get huge profits and good money returns after we invest small amount of funds, is it possible to expect that?

Why does new business owners talk bad things about existing business?

Some times we hear some bad things about some well known and well established product of a well known business, and some bad rumors are maid to make the business and the products hate by customers and shift to another products and some times this bad rumors and bad words are stared by a new business owners since they can't compete with the well established business.
so do you think this thing is ethical thing to do?

What is your Trading strategy?

Online trading is one of the most profitable money making options on the online world and both future trading and spot trading needs to have some plans an and some strategies in order to get good trading time and in order to minimize trading risks, one of the trading strategy is to have the right market signals and also having good graph reading skills and having a graph plan.
so what is your best and worked strategy that you use wile trading?

Business expenses to cut down for profit increase

Some expenses you incurred In your business might just be unnecessary. it is better to look at some of them to cut down so that you can increase your business profit. They different areas are the following;


Review the business insurance overall cost

Look at your staff's responsibilities and analyze the staffing costs to cut down where necessary.

Review your office supply costs

Evaluate your social media marketing and advertising costs.

Add yours

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