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  What are the risks and benefits of investing in cryptocurrencies and how to minimize
Posted by: deucher - 01-27-2024, 02:25 PM - Forum: Financial Security - Replies (2)

There are a lot of risks in cryptocurrency, starting from the fact that your assets can simply lose value due to a drop in market prices, ending with a cyber attack on the exchange or coins and they will simply be stolen. There is no way you can be safe from token data hacking, because it is up to its owners to protect the token from this, but if they are trying to hack your wallet, you can protect it with multi-level authentication to prevent this hacking.

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  How to protect your finances from fraud and cyber-attacks
Posted by: deucher - 01-27-2024, 02:22 PM - Forum: Financial Security - Replies (6)

In my opinion, the more modern world with the spread of technology has also not become safer in terms of theft. Therefore, you need to consider all types of protection for your finances, especially if you are a famous person or have a lot of savings. For example, you need to have multi-level protection for your mobile application of your bank, as well as on all exchanges where you have funds. The second is that you need to devirsify the funds so as not to receive them in one place.

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  How do you choose a financial advisor and how do you check their business reputation
Posted by: deucher - 01-27-2024, 02:17 PM - Forum: Financial Security - Replies (2)

Of course, not every country and every case requires a financial advisor. however, for large businesses or to properly manage funds, you may need one. For example, when I needed to solve problems with loans, I had to choose among three managers who could help me with this, and I chose the youngest because, in my opinion, they understand people better and understand their situation better.

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Smile Which financial products and services are the safest?
Posted by: deucher - 01-27-2024, 02:05 PM - Forum: Financial Security - Replies (3)

In today's world, it is impossible to say that some of your products are 100 percent protected, but you can prioritize where it is best to keep your funds. For example, first of all, whoever said it is a bank, because they are all insured, so even after it closes, you will be able to get your funds back.

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  The Reasons Why You Could Fail in Business
Posted by: kobbydavies - 01-27-2024, 11:32 AM - Forum: Small Businesses - Replies (3)

  • The entrepreneur(s) started with very little money
  • The entrepreneur started out performing the service themselves and then hired others, training them to do it their way
  • The entrepreneur did not wait for customers to come to them, but they went out and sold directly
  • The entrepreneur did not have an MBA or any formal business training (in fact, that kind of training would likely not have humbled them enough to start off as they did)

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  Is it possible to start a business with little to no money? How?
Posted by: kobbydavies - 01-27-2024, 11:31 AM - Forum: Small Businesses - No Replies

Service businesses usually do not require any investment in manufacturing infrastructure, nor do they require any inventory that chews up working capital. Instead, these are the types of businesses that require a good dose of humility and hard work. While these business models are not as scalable or repeatable as tech-based businesses, you can still achieve significant leverage through employees, and your ROI (return on investment) will be higher and faster due to the little to no up-front investment.

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  What are the best business startups without less money and tricks?
Posted by: kobbydavies - 01-27-2024, 11:29 AM - Forum: Small Businesses - No Replies

Original question: What are the best business startups without less money and tricks?

I suppose you want to try something with less money. It should be “with less money”.
The answer is simple - do something which is a born skill in humans. That can be done for less money & less tricks. For example -

  1. What do you do when you watch a good movie? You recommend your friends & family to watch it. Do you get paid, No. Make this a formal earning option - Referrals Business
  2. Talking is one of the basic skills that we learn almost at the age of 2–3. Start talking with other, become a public speaker, become a story teller - Pubic Relations Business

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  What type of business startup ideas are good for new entrepreneurs today?
Posted by: kobbydavies - 01-27-2024, 11:23 AM - Forum: Small Businesses - Replies (1)

Think about it… What do people want? What problems do they have?

People want food
People want nice clothes and shelter.
People want good accommodation.
People want to travel.
People want to look nice.
People want to cut their hair
People want their plumbing fixed

Think about it… What do people want? What problems do they have?
People want their landscape trimmed
People want to learn.
People want their children to go to school
People want happiness.
People want to be loved.
People want to live in a clean environment.
People love their pets.
People want to feed their pets
Find their needs and offer products and services related to their needs

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  How do I start a consulting business?
Posted by: kobbydavies - 01-27-2024, 11:19 AM - Forum: Small Businesses - No Replies

Most people get the order to this wrong, and even I mis-wrote it the first time.

1. Find a hungry market
Yes, do this first. WHO has a set of problems you can learn to solve for fun and profit? This truly is the fun part--you get to choose to learn and interact with whatever field you want! Pick something you like to talk about all day, or you'll be miserable.
2. Develop expertise
Most people would put this step first, me included up until a few years ago, but we'd be wrong. By finding the market you want to serve BEFORE developing the expertise, you ensure there are customers for your services prior to the time and other investments required to do so.

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  What are the best affiliate programmes for small businesses/startups?
Posted by: kobbydavies - 01-27-2024, 11:13 AM - Forum: Small Businesses - No Replies

When it comes to affiliate programs for small businesses and startups, there are several options that can help generate additional revenue and increase brand exposure. 

  1. Amazon Associates: Amazon offers a widely recognized and trusted affiliate program that allows businesses to earn commissions by promoting products sold on the Amazon platform. With a vast product selection and competitive commission rates, Amazon Associates is a popular choice for many small businesses.

  1. Shopify Affiliate Program: If you have an e-commerce store hosted on Shopify, their affiliate program can be a great option. It allows you to earn commissions by referring new customers to Shopify, and you can also become an affiliate for other Shopify apps and services.
Remember, choosing the right affiliate program for your business depends on factors such as your industry, target audience, and product/service offerings. 

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