Providence FOREX Academy/ Personal Development

Gold, doesn't want to end the Bull-run🐂📈. I'll patiently wait for its reversal.

Patience, discipline & proper risk management is one of the most important thing in Forex Trading.

Today's trading result..
Only FX traders can relate.

We can still make it without Crime.🚫

it simple


Providence FOREX Academy/ Personal Development

©️ Precious Daniel

Nokia Phones are not bad, but they Lost the Market. Here are few lessons we could learn from this as Business owners & entrepreneurs .........

Adaptability is Key:
Nokia's slow adaptation to the smartphone era was a significant factor in its downfall. The company stuck to its traditional strengths in feature phones while underestimating the shift towards smartphones. Business owners must constantly assess market trends and be adaptable to evolving technologies and consumer preferences.

Innovation is Vital: Innovation drives success in competitive markets/business. Nokia's failure to innovate and keep up with the rapid advancements in smartphone technology led to its downfall. Business owners should foster a culture of innovation within their companies to stay relevant and competitive in the industry.

Customer-Centric Approach:
Nokia's focus on hardware rather than the software ecosystem was a major drawback. Businesses should prioritize understanding customer needs and choices delivering products or services that address those effectively.

Strategic Partnerships:
Nokia lost out in creating an ecosystem around its products like Apple and Android did. Building strategic partnerships and ecosystems can create additional value for customers and enhance brand loyalty.

Never Rest on Past Success:
Complacency can be dangerous. Nokia's past success might have led to a sense of security that prevented the company from foreseeing the threats it faced. Business owners should avoid becoming complacent, always staying vigilant about potential disruptors in their industry.

Continuous Evolution and Reinvention:
The business landscape is ever-changing. Nokia's downfall teaches the importance of continuously evolving and reinventing oneself to stay competitive in a rapidly evolving market.

Learning from Nokia's decline, business owners can fortify their strategies, ensuring they remain adaptive, innovative, customer-centric, and vigilant about industry changes.

Precious Daniel

As one improves in Branding of his Business & Marketing, it's obvious that your customer-base/targeting will equally increase (Lead generation)

Therefore, one must also Increase his Capacity to be able to service the volume of customers, effectively & efficiently, so that the brand image will not be affected negatively.

This is one core area we're going to focus at Providence Topnotch Consults , in 2024.
We see a brighter future in Biz, & we must be prepared ahead of time, so we don't get drowned by what is supposed to propel us.

If you're a business owner, learn to build capacity as your grow, this is as important as your marketing.

Apart from the joy /fulfillment that comes with helping people in need solve their problems/challenges, one beautiful & interesting thing about being a business person, a service provider or an entrepreneur in general is the fact that you get to meet different people from all walks of life, & in the process, you build valuable networks & relationships that may help in fostering progress in other areas of one's life.

A little $10 profit in a day, with proper risk management is not a bad way to come back to the market.
Loss is part of the business, what matters is the overall outcome, which in this case is Positive.
📈

We turned up for Naijabrandchick today for the Nbctradefair Portharcourt held at the Dr. Obi Wali International Conference Centre P.H

It was awesome seeing two very respected personalities in the online/business space today, for the first time; Chioma Ifeanyi-Eze and Nelly Agbogu. Congratulations on the success of the Fair.

In Trading, your Risk should never be more than your Reward.
Risk to Reward ratio should always be; 1:2, 1:3, 1:4 as the case may be. This way, even though you hit 2 take-profits & 3 stop-loss, you'll still come out with a win.

Learning how to Trade Forex, is like learning how to Ride a Bicycle for the first time, you must fall several times, then be prepared to get up & keep moving.

Same applies to Forex, be sure that you'll Blow Accounts, but on the long run, with discipline, proper risk management & determination, the results are highly rewarding📈💹

Precious Daniel
Providence FOREX Academy/ Personal Development

If you're a Forex Trader or aspiring trader, one of the best book you should read/study is "Trading in the Zone" by Mark Douglas.

It is highly recommended for traders because it focuses on the psychological aspects of trading. The book will help you understand emotions, biases, and thought processes that can influence trading decisions.

It emphasizes the importance of maintaining a disciplined and rational mindset, which is crucial for consistent success in the markets.

Be So Good at whatever You do or Your Skill/Craft... such that, whenever someone thinks of who to render a particular Service or solve a problem that revolves in your niche,...Your Name or Brand comes to mind👌

I added the clause, 'Well Known'... because Talent is never enough. In the marketplace, it's either You go Visible or You go Home.

©️ Precious Daniel

'I am rooting for You'.. 'I am rooting for You'🤔... oya o, kindly follow my Biz. Page @ Providence Topnotch Consults here on Fb🙏

I think in this age & time, as parents, instead of enrolling your children & wards in pure academic lessons during the long holidays, like the present one. It's more advisable to engage them in Practical Skills Acquisition... if it isn't a hands-on skills such as Catering, Baking/confectionery, fashion designs, Arts/painting, photography, etc.

It could be a soft skill such as Graphics Design, Coding, Data analysis, Freelancing, Digital marketing, Computer maintenance or general ICT as the case may be.

This post is in no way undermining the importance of class room education, but truth is that, the times we are demands more than the conventional system of education. People with skills, especially soft skills are doing very great things in the market place.

Today, someone can comfortably sit in the house with a laptop & earn so much money in a matter of days/weeks, doing legal businesses by providing solutions to people's problems, that many 9 to 5 people do not earn in an entire month as salary.

So while we prepare the kids/wards for the Corporate world & to work in reputable firms/organisations, let's also equip them with relevant skills, so they'll also grow up knowing that they can actually work for themselves & become employers of labour as well.

©️ Precious Daniel

So it's a New Month, and one of the important ways to achieve your goals, make good use of the month & to be super productive is to create a daily/weekly Should-do or To-do list...

Plan your next day before you sleep at night, break big difficult tasks into smaller tasks to avoid procrastination..
Start with smaller tasks that move the needle in your business, life & career... then watch how you crush your goals & achieve your set targets effortlessly.

N/B: You may struggle with this at the initial stage, especially if you aren't used to it.. but consistency will make it a game changer for you, on the long run.

Happy New Month of August!.

©️Precious Daniel

No matter the business you're into, be it online or offline, just know that provided you don't give up, 5-10 years from now or even less... you'll become an expert /an authority in that industry.

Just keep being Innovative, be Consistent, be patient & Show Up Daily & keep pushing your market...
Time & chance happeneth to them all. Our seasons of great harvest will surely come!.

©️ Precious Daniel

Not many of my followers now, know that PROVIDENCE has a subsidiary, known as Providence FOREX Academy/ Personal Development. Which was birthed while I was on Campus, at the Rivers State University.

I can practically teach Forex Trading from Basic to Advanced level without referencing a material.

Well, we're coming back to this soon... It's one step at a time,👌 & we're trying to be a force/build a formidable brand in our current industry, then we shift attention to other sectors.

The goal is to keep developing & diversifying till we dominate the earth, as the Lord commanded us.

Meet the Brain behind the Brand, Providence Topnotch Consults; Precious Daniel, Lead Consultant/CEO.

We have a company to build, & I'm fully committed to that cause. We're just at the starting stage, and some things might not make sense now, but watch us grow & see the dots gradually connect.