(PART 1) A Business Journey Roadmap. A 10-step process to lead you to profits!

A Business Journey Roadmap. A 10-step process to lead you to profits!

Your business roadmap will be highly influenced by the information you have or are exposed to, your skillsets, your network – as cliche as it may sound and your effort.

The effort is where it’s at. You’ll eventually succeed if you give your all to make this work.

So, what about it?

If you follow us on Instagram, @olive_nkirote, you might have seen my stories where I shared this briefly, but because stories only last 24 hours, you probably didn’t catch it, so here is a summary of this roadmap.

Let’s dive in! PS. Feel free to share the contents of this email with friends and family who you think the shoe fits. We want to help as many people as humanly possible.

Step 1

Finding the right product to sell is critical. You can source inspiration from events around you –  cue Joanne’s testimony.

I began with nursing mum items and body care products (still ongoing) until one day, a colleague saw me in the office with a tumbler they’d never seen before anywhere and said people would buy it—an ONR student TESTIMONY ft: Joanne, founder of @quench254 #ONRAlumni email.

We know this is important, so we focused on this topic in the ONR Alibaba Masterclass, from slides 7 to 14 – 5-step product guidance process.

An excerpt of the ONR Alibaba Masterclass.

And we didn’t stop there! We also added a ‘Business tips’ section highlighting the process of pricing different types of products.

These include products you can risk and sell, products you shouldn’t sell, products you should 50:50 sell or not sell, and finally, products you can sell.

These are slides 97 to 115. (Ps. Some of our ongoing students are glad we added this section; the feedback has been overwhelming!)

An excerpt of the ONR Alibaba Masterclass.

I hope this shows you the importance of this step. We don’t want you to have dead stock of items you just imported, so don’t rush this process.

To see Jumia’s popular products, visit the website, head to the search bar and look for a specific product.

Look at the number of sellers selling the item and pay attention to the ‘verified ratings.‘ Those are the number of people who have purchased that item from Jumia. That should tell you there’s a possible demand for it.

Below are some items I found in the Kitchen & Dining Products section on Jumia. (Verified ratings ranging from 88 – 640)

Consider this information knowledge. It could tell you a variety of things. i.e

1. The most purchased items on Jumia are in the kitchen section.
2. The price point of these items or the price customers are willing to pay depends on whether they’re generic or branded.
3. Your possible competition in the space.

Exposing yourself to such metrics can be very enlightening.

Step 2

This is where ONR comes in. ONR has curated an entire 6-hour Masterclass on this step. We have curated an extra 125 slides to support you in your learning journey and partake in this process seamlessly without any mistakes.

Do you remember the 4 costly mistakes newbies make from our previous email? This is the one step that causes many to stop and not fully realise their dream of owning their business or continuing this venture.

Why? Because they lose a lot of money, get super demotivated, and give up! But, with the right mentor and support system, you’ll get by this step unscathed – like Daniel when he was thrown into the den of lions. ‘Hey, Bible reference.’

Steps 3 and Step 4

As you may already know, we also cover steps 3 and 4 in the class.* We educate you on how to find reliable suppliers, negotiate with suppliers and get the best prices for your items.

Pricing is essential because it affects the profits you make from selling your goods.

How you spend at this stage affects the total costs you incur in acquiring those items, how you price your goods, how much revenue you make, and your take-home profits.

We also cover shipping in depth. With air and sea shipping and contacts of the best players in the game, we’ve got you sorted!

You’ll have a seamless importing experience; you will not believe it!

I want to stop here before I make this blog post extra long!

Remember, don’t crucify yourself as you start your importing journey. It’s not worth it!

You’d rather invest in the knowledge and have a seamless experience than not invest at all, partake in guesswork, and spend twice as much correcting errors that could have been avoided—all from making one decision—saving you time and money!

 As you may know by now, I love a good quote, but today, I want to leave you with a line from 1 of the books I am currently reading. It says:

Takeaway of the day – “As entrepreneurs, we make bets daily. We are gamblers – gambling our hard-earned money on knowledge, ideas, labour, inventory, rent, marketing, etc, all with the hopes of a higher payout. Oftentimes, we may lose, but sometimes, we win and WIN BIG! However, there is a difference between gambling in business and gambling in a casino. In a casino, the odds are stacked against you. With the right skills, you can improve, but you can never beat the house. In contrast, you can improve your skills in business to shift the odds IN YOUR FAVOR. With enough skill, you can become the house.” – Alex Hormozi

With that being said,

Be on the lookout for the part 2. I will continue with 2 more steps of the BUSINESS Journey Roadmap—an entire 10-step series to lead you to MAD PROFITS!

Click here to sign up for the ONR Alibaba Masterclass. A 6-hour session that will change your life! I mean it.

Talk to you soon,

Olive.