Category Archives: Honest On-line Opportunities

Social Enterprises Company — Are You Ready For It?

“It is good to have an end to journey toward, but it is the journey that matters in the end.” Ernest Hemingway

Image from QuoteHD.com — Freedom in all just pursuits

It is now over three years that I started my online business journey, yet I have not been able to come up with a brand of my own. Why should I care about having a branded product?

Your Own Brand

Most of the courses I have been through, each coach after another have emphasised the need for your own branded product, as the ultimate online success. Then there are two types of a brand:

Digital versus Physical

There’s a particular trainer who favours ONLY digital products. His reason for preferring digital products to physical products is that you are encumbered as your business grows. With physical products, you are burdened with costs of production, warehousing, insurance, thefts, post and packing, damages and returns. He said they all add up to eat into your profit. He went on and on to discourage his students about physical products.

With digital products, the customers get instant access, and it is all profit after the guarantee return has ended. What are the digital products out there? Most are training, one form or the other, coaching in one skill or the other. So in real life, we find a lot of online training, most recycling old ones while others improve on existing ones.

Am I convinced about the huge profit on those digital products out there? Not really I am afraid. I am interested in setting up a socially responsible enterprise, with whatever brand I have. Yes, any of the physical and digital products can be set up to be socially responsible. But a huge profit or big financial reward need not be the only motivation.

A Social Enterprise Company

According to its definition, a social enterprise company has a specific SOCIAL OBJECTIVE that serves as its primary purpose. There’s this myth that you cannot have a business that gives profound service and make money at the same time, especially on Spirituality & Health Niche. This is not true. You will be burdened with not being able to meet your day to day financial needs as time goes on. This will make you unhappy, irresponsible and lose focus.

Success is about making a difference in the world. I believe there’s no room for being mean in life anymore. A business should not focus on keeping all the profit. A business should care, ready to touch the lives of people, animals and the planet. A business that educates and is much more involved in upbuilding the world at large.

Different from a Non-Profit Company

A non-profit company is run primarily NOT TO make profits, but rather rely solely on donations from people that support their cause. The cause can also be a social cause nevertheless. They are known to make use of volunteers for most of their services.

A non-profit organisation is accountable to its donors who want to ensure donations are in line with the values they represent.

A social organisation is run FOR-PROFIT but committed to using a percentage of its profit for the social cause. Does have a team of the paid workforce.

Who Is A Social Organisation For?

You might be interested in a social enterprise if :

You value community and support change

You want a socially just and sustainable planet.

You have a big bold and clear plan of action and also want to be financially rewarded while doing all these.

Training On A Social Entrepreneurship

There’s this webinar I attended, directed by Ryan Eliason. His training was based on teaching people how to set up socially responsible companies, which he termed visionary businesses. He is quite impressive and has successful students. One is Ocean Robbins of the Food Revolution Network.

Coming Up With An Idea

An idea of a social enterprise business can spring up from anywhere really, ranging from a day to day activities to deep-thinking on what you are worried or concerned about. Also, it can come from what gives you joy too.

“Helping, fixing and serving represent three different ways of seeing life. When you help, you see life as weak. When you fix, you see life as broken. When you serve, you see life as whole. Fixing and helping may be the work of the ego, and service the work of the soul.” Rachel Naomi Remen

There are so much evil and injustices going on in the world perpetrated by people, WHO DO NOT UNDERSTAND what they are doing. Proper education will, therefore, have a massive impact. So much we can do to help the world at large.

Ocean Robbins in Food Revolutionary Network wants people TO START EATING RIGHT. He is disgusted with so many illnesses that come from people being careless with what they eat. He wants to prevent tons of diseases that spring from bad nutrition.

Another example is Christy Whitman of Quantum Success Coaching Academy. She wants you to create a business where you are paid abundantly for helping others achieve their life goals and visions.

The Happiness Factor

Why would I or anyone be interested in supporting a larger audience through a social organisation? It is a balancing act in nature to bestow on others part of which has been given to us. That is one reason we feel happy and good about helping others. It also has a significant effect on our well being. Helping does boost our self-esteem giving us the ‘’happiness factor’’.

“We rise by lifting others.” Robert G. Ingersoll

On the business factor, Cone Communication and Echo Research (2017 study) noted these key findings:

63% of Americans are hopeful businesses will take a lead to drive social and environmental change, moving forward in absence of government regulation

78% want companies to address important social justice issues.

87% will purchase a product because a company advocated for an issue they care about.

76% will refuse to purchase company products or services upon learning it supports an issue contrary to their belief.

Real-Life Examples.

Elephant Gin- Some percentage of your purchase goes to support elephant conservation in Africa.

Tom Shoes — stated categorically that every pair you purchase, Tom will give back a pair of shoes to children in need.

Pooch & Mutt — help feed rescue dogs from your purchases.

Many of the huge corporations like Coca-cola, Nike, Unilever, Smithkline Bechams do have the social causes they support.

“What you leave behind is not what is engraved in stone monuments, but what is woven into the lives of others.” Pericles

Help Is At Hand

There are various organisations, both governmental and non-government giving the needed help and support to whoever is interested in setting up a social organisation, whether at a start-up level or to coordinate into an existing organisation. Examples are; Fairtrade Foundation, The Soil Association, Social Enterprises (UK) and Inspire of Enterprises to name just a few.

Tips on Setting Up A Social Enterprise Company

Set out your goal clearly enough for customers to understand. That means who you are supporting and why. Simple enough for customers to see the need to buy into your brand.

Motivate your team. Success comes first from inside. There’s the need to let your team see your whys and carry them along. They will be your happy ambassadors.

Do you want partners? Ensure they support your dream and share the same value and mission as you.

Ask for help where and when necessary. People who ask receive.

Monetise your idea right from the beginning. After all, it is a business that you expect to be sustainable.

Do not be overwhelmed with too many issues at a time. One thing at a time will give much-needed focus.

Passion is important, as this enables you to enjoy the journey and build credibility.

Are you interested in a social enterprise? You have a bit of knowledge about it now until you decide what to do.

How To objectively plan your finances in a time of the pandemic

While it is difficult to know what’s ahead, steps to good financial planning will minimise advert effect on your finances. 

Photo by Scott Graham on Unsplash

These are very difficult and uncertain time ahead for everyone due to the pandemic. Most people have already lost their jobs, or means of living and many more in employment are not certain whether they will keep it. Worst still is not being sure how long this will continue.

The predicted second wave of the pandemic is now happening throughout Europe, and most countries are in partial lockdown. Businesses are closed, and the hospitality industry is the worst hit of all. Honestly, I am not the one to comment much on Politics (I have limited interest in Politics), but I believe Boris Johnson and his team are trying with all the relief packages available to UK, citizens.

As long as we are not stargazer who can predict what the future holds, we can help ourselves by planning ahead to minimise the impact on our finances. These are the principal ones to consider.

Draw Out A Budget

A budget can mean different things to different people, but what is key in a budget is to analyse our priorities in spending our money, in a time like this when our income is in jeopardy. The key reason for a budget is to ensure we do not spend more than we earn. We have to deal with our bills and differentiate our wants from our needs. For those of us who do not know the difference, here it is:

Want — something nice to have, yet I could do without.

Need — something I must have to live and thrive.

We must realise that wants and needs can sometimes overlap, and it is here that we need to be realistic. 

Everyone wants a big house for instance, with a swimming pool, and a large patio and garden. But do we need that additional expenses at this time of uncertainty of our income? Examine where you are at the moment, can you still continue to live there without much ado? Only you and your family can realistically examine this to come to the conclusion that it is right for the family.

‘’A budget is telling your money where to go, instead of wondering where it went.’’ John Maxwell

And to further prove that wants and needs can overlap is eating out and having a family vacation. Yes, we cherish our weekly eat out as a little family pleasure, but do we need to go to a five star Michelin restaurant now? What about meeting in a middle way, and go to a three-star family buffet? Our vacations too can be scaled down, perhaps not now, as most are not vacating because of the pandemic, but we can always scale down our expenses to accommodate future emergencies.

What About Your Expenses

Expenses that are essential must be paid for. Top on this is our gas, heat and light. Winter is coming, and it is not the time for the electricity company to trade insults with us for not fulfilling our obligations. I don’t know about other countries, but here in the UK, essential bills can be paid by direct debits. This is where you instruct your bank to pay these bills for you on a certain date of the month. In appreciation, some utility companies give you a discount on your bills, so you save a little bit of money there.

‘’Beware of little expenses. A small leak will sink a great ship.’’ Benjamin Franklin

Expenses are what you should be very careful about, and try to minimise if you cannot eliminate entirely. Most of the things we spend money on are not really essential like cosmetics, tobacco, alcohol, bottled water, and clothing items (we have large numbers) at home that are not used.

Paying your bills on time, and managing your expenses will definitely give you a good credit score. Having a good credit score simply means you can access cheaper borrowing, should you need it.

Get The Whole Family Involved

I am sorry to say this, most men believe they are better managers than their respective wives and children. Get each member of the family involved in your money management, so their demand is curbed, not because they do not want that item, but because they understand that we have to save a little.

For instance, tell your kids, if we can save up a little by eating out every other week, we can all to Disney next summer. You will notice how every one of them will be reminding you that they are eating at home this week. Explain why mum and dad need extra savings, they will happily go along with you.

Teach them also about savings and planning for their own little expenses. For instance, teaching them to save from their weekly pocket money is one good habit to impact on them. Anyone with the biggest savings at the end of say, a month, or every quarter, or six-monthly will get a special gift from dad and mum. By this habit, your children will start the act of money management early.

Get your children piggy banks, and if they are a bit older to manage a bank account, encourage them to open one, and pay in their pocket money (or allowances) there on a regular basis. This will serve as a sort of salary for them when they start to earn.

Let The Family Uphold Money-Saving Value

I have one money-saving value, that each member of my family is aware of, and this was passed down to me by my grandmother, who brought me up. It is: ‘’Waste not, want not.’’ I personally detest waste of any kind and get mad about serving yourself from a table, and you end up not finishing it, and chucking it into the bin. I don’t dish out foods to members of my family. I put foods on the table, and they serve themselves. And I make them understand you can always go back to have more if you particularly enjoy it. This is better than taking a lot, and you end up not able to finish it.

‘’I don’t want to be an apologist for poverty, but I can’t stand waste, useless spending, wasted energy, and having to live squandering stuff.’’ Jose Mujica

This is part of a greedy nature as well, which should be discouraged. I am happy some restaurants that serve buffet have now started charging customers extra in the UK, (£5 in the UK) if you have a leftover on your plate. This is communicated to you at the beginning before you serve yourself. And they always have a plaque that says, ‘’EAT AS MUCH AS YOU WANT, BUT DON’T WASTE FOOD, IF YOU HAVE A LEFT-OVER ON YOUR PLATE, WE WILL ADD EXTRA £5.00 TO YOUR BILL,’’ No food should be wasted, as there are some hungry people who will just be grateful for what you are throwing away.

Also, clothing items can always be passed down, or at best given to a charity. There are some charities that deal with pre-loved items, sell them, and unsold stocks are sent to developing countries as donations. Some of the unsold stocks are also given to some to start up a trade. I know that pre-loved items retail trade is a big business in Nigeria, and it is still thriving up until today. 

Gifting what you no longer need, is also a blessing to others. It prevents ending up in the landfill, apart from making others happy. It is a way of teaching generosity too, to members of the family.

Charity, Savings And Investments

The three key areas that surprisingly build your wealth in the long run.

Photo by Kat Yukawa on Unsplash

I am not sure whether you are one of those who believe in lady luck or not. All I know is that wealth building is real work like all other things of value. And moreover, it must be something you do consistently too. I am not speaking of lottery now, or a kind of spread betting or gambling casino. Those, I will say are a distraction from the real wealth-building. And what’s more, people who usually come across such wealth (Gambling, lottery etc) are not prepared for it, and as such, they spend it carelessly. So don’t be surprised to read big lottery winners going burst a few years after.

The Real Wealth Building Hacks

You have to decide whether you are working to build-up a wealth, or you are working to survive. Your decision about this will spearhead how you want to go about spending your money. If you are working to survive, then it would not really matter to have anything left at the end of the month, as long as you have met your month’s expenses. Then you should be happy.

However, this kind of attitude will make you poor in the long run. Imagine if your paycheck is not coming in at a particular month, then you have a problem of feeding and meeting your expenses for the particular month.

However, if you are building wealth, you will still able to meet your expenses for the near future. (Science of money management says at least for the next six months) after your pay ceases. That is why it is good to learn the hacks of wealth building to become rich and financially stable, simply by following simple wealth building hacks.

Charity

Charity is the number one wealth-building hack. At least, ten per cent of your net pay should go to help other less privileged members of the society. I am not going to dictate a particular charity. It doesn’t have to be a big kind of registered charitable organisation. I understand that most of the donations for such big organisations go into administrative work and the fat salaries of their top executives, leaving little for the actual charity work.

‘’No one has ever become poor by giving’’ Anne Frank

You can look towards helping out and spending this money purposefully, helping those with genuine need in your area of walk in life. This can take different measures like buying groceries for the elderly in your street, donating toys and books to children home, donating food, clothing items to the homeless, etc. There are genuine needs all around us, your club, church, mosque, playgroup, cooking classes, gym etc. These needs will change from time to time but look out for them and recognise them.

Savings

Then the next ten per cent of your net paycheque should be on savings. Set up a direct debit of your ten per cent of the net pay, and let it go the savings account. This should be done consistently. Believe me, it will soon add up substantially, ready for the out of the world emergencies, should they arise.

‘’Let me give you the definition of “rich” and “poor”: Poor people spend their money and save what’s left. Rich people save their money and spend what’s left.’’ Jim Rohn

Look out for a stable bank, and good interest rate. It can be either fixed or not, the choice is yours, and according to what you perceive to be a low-risk saving account.

Investments

This is the third area that takes your next ten per cent is an investment. This is where you use the money to create wealth. Look out for what you can invest in to give you additional income regularly. There are many of them, ranging from the joint venture to investment clubs, stocks and shares, commodity and foreign exchange trading, buying and trading in gold bullions, properties, etc.

There is a caveat to this, ONLY PARTICIPATE IN AN INVESTMENT THAT YOU ARE SURE OF. Here is where you need to trust your instinct. Remember, if it is too good to be true, it is probably is. There are many scammers that will offer you gargantuan investment profit, do not believe them.

Also if you are using a broker for trading in stocks, share, forex and commodities, read reviews about the companies before you invest your hard-earned money. Online reviews companies like Trustpilot, Power review, Feefo, etc are useful here. Spend time in knowing what experiences the others have with them before you invest with them.

You can as well look for other forms of investments like retail trading. A company like Alibaba.com makes it easier to retail these days. There are also retailing platforms like Amazon, eBay, Not-on-the-high-street, Etsy etc. Online retail is increasing due to the pandemic, and the fact that people not able to go out for shopping. Educate yourself with what is going on, to direct your customer focus on. No matter what you want or need, you will always find the information online.

‘’When it comes to investing, nothing pays more than educating yourself.’’ Benjamin Franklin

For those who are writers, there is an opportunity to get your work published. I know that John Ross, Gurpreet Dhariwal, Simran Kankas and Denise Larkin have all published their poems on Amazon. Read more about getting your poems published into a book here. Even all your writings here on Medium can be published, as long as they are authentic, and exclusively yours, then you can get them published, either into an e-book or physical books. The opportunities are endless.

You might think you have no business acumen but look at those hobbies that you are passionate about. You can turn your hobbies into a business. What is important here is to know what you are doing, and don’t waste your money by looking for unrealistic profit margin.

So what are you going to decide upon? Are you going to build wealth, or live to survive? Whatever you decide will make a difference between you being wealthy, poor, or just getting by. Best wishes in your endeavour.

LEARN THE SCIENCE OF ACHIEVING ONLINE SUCCESS

Like all good things in life, there are rules and procedures to follow for ultimate success. So I want to ask you, do you know what you want to achieve in life? Do you know how to go about it? Today, I want to talk about the science of success in online business.

This is important so that when we follow the rules, success is sure to take place. Creating a lasting and sustainable income online is a slow growth process, takes a whole lot of patience, sacrifice and commitment.

The first thing is to document your dream into a plan of action and follow through those plans, consistently and with focus. You also need to develop the needed confidence that only you can help achieve your dream, you are responsible for your success.

CREATE A VISION

Your vision is what you want to achieve, and how do you want to go about it? Ask yourself, what you need to do differently to what you have already been doing. These questions need to be addressed in order to create a workable solution.

INVEST IN YOURSELF

In teaching yourself, all the essential skills you need to succeed. In doing this, you need to remember that some of these skills are acquired, which means they have to be paid for. This brings me to the next one.

Invest In A Mentor

It was Tony Robbins who once mentioned that, if you want to succeed, follow the path of those who have.

Follow the path of success of those you want to emulate.

It is therefore important for you to invest in a mentor, be ready to be teachable. This means you must follow the plan of actions religiously, and not looking for short-cuts but rather interested in building something long-lasting.

This brings me to what mentoring organisation to recommend that has stood the test of time., cheap and genuine in teaching you all that you need to know about online business.

I can only mention WEALTHY AFFILIATE UNIVERSITY, so enrol, which you even do free of charge for a month, before you even commit yourself.

What Is Your Vocation?

Wikipedia defined vocation as ‘AN OCCUPATION TO WHICH A PERSON IS SPECIFICALLY DRAWN, OR TO WHICH THEY ARE SUITED, TRAINED OR QUALIFIED.’ This gives an idea of what you think you are specifically drawn to. Dale Carnegie once said that:

‘People hardly succeed unless they find fun in what they are doing’

So what is important here is the suitability of what you want to do. Most people are drawn into one form of a business model or the other, simply because of the huge financial benefits, without considering whether this is the sort of business model they want to operate for the rest of their lives. Now we must remember Abraham Maslow accentuation of needs, perhaps when the money now comes, they will no longer enjoy what they are doing, and will have to sell off.

Vocation Lays An Obligation On A Person

Having a vocation lays enormous responsibility in a person. This is because one has to struggle to claim the victory. Such struggles involves ability to succeed by ensuring adequate training, putting efforts to ensure success, unremitting persevearance and ceaseless dilligence. Such obligation is fuelled by purpose, purpose of your commitment to your family, to others you want to treat or bless, and to yourself to live your dream lifestyle. We can now look at each of these individually.

How seriously do you take up your obligation
How Seriously Do You Take On Your Obligation?

Adequate And Relevant Training

If you believe in your calling, you will want to ensure you are adequately prepared for the challenges ahead. And one way of doing that is to ensure you look for an institution that can well support your desire to be the best you can in that field. The same is true for your online business. In fact, online business education is even more important now than ever. Why is this? There are too many bubbles out there, bubbles and babblings, scammers and achievers are both promising gargantuan streams of income, some within a short time of your joining their scheme or training. This makes it important to get training to know where you are going, and how to get there. Like all things, it is initially difficult, but with training, you are now master. You are able to navigate your path, choose the type of online business that you believe it is your calling, and stay focused until you are completely fulfilled.

Putting Out All Effort To Achieve Success

Once you know what needs to be done, it is then left to you to put effort into what you are doing. And most importantly remain focused. Diversion and distraction are the killers of online business success. This is because there are many what we call ‘SHINY OBJECTS’, and unless you are committed and believe in your calling to a particular niche, it is often easy to get distracted.

Putting out all effort means to follow closely the guideline of your mentor and training programmes. Work at least consistently and every day in your online work. Get help and instruction on those dodgy areas, until you master them. Ask question until you are satisfied, be inquisitive to whatever is in the way of your understanding. Before you know it, you are getting there, and in better shape too.

Unremitting Perservearance

I will tell you one secret today, online business is one of the slowest growth out there. Do not believe those who tell you that you can make millions in a few days. This is the sort of story that people want to believe, and this is what scammers use to enrich themselves. People believe in such stupid story as a rotator that will give them organic traffic, allow them to sell whatever, and make huge profits. They are all lies, online business success needs perseverance. It does take time to register your online presence, for people to know and recognise you, and build up confidence enough for people to be able to part with their money. Also, your online activities will be closely monitored, and reviewers will scan you, so to say before that confidence is achieved. All these do take time to build up.

The good thing about all these is that you are assured of success if you stay true to your calling (niche) until you reach your goal (success). In fact, if you are serious about online success, it is one sure way to live your dream lifestyle.

Ceaseless Dilligence

Online business success requires honest and persistent, uninterrupted effort to achieve success. This effort is directed towards a clear understanding of what you are doing, and what is required. This you would have obtained from training and mentoring. You develop your creative output alongside others that you emulate and are proud of. This also means never giving up, working tirelessly, with all positivity and encouragement you can master. Such is the life of an online worker. So do not allow anyone to deceive you that these are what you can easily scale through. It takes time, effort and of course ceaseless diligence to succeed online.

Set Yourself Free

Set yourself free from living lives of mediocrity, live your dream lifestyle. Remember if you are gifted, you can do something to improve on such a gift. Do not bury your talent, nor trifle with the high mission awaiting you. the high mission of taking control of your life and your success, and those around you that God has put along your path to bless. Many are doing it, and you too can do. But you must try. Start a free starter course programme now.