I will begin this article on business ideas with this quote from Harvey S. Firestone, “if you have ideas, you have the main asset you need, and there isn’t any limit to what you can do with your business and your life. Ideas are any man’s greatest asset.” When we consider that the multi-national companies making billions today are dream of one or more people, you will endorse that statement from Harvey.

Dear friend, that spark of business ideas flowing in your head may be the key you need to unlock the fortune you’ve been dreaming of. So what do you do?

1. Take Action

The first step is to take action on the idea. Start something on the idea no matter how little. As you work on it, you will gradually attract people that will support you to achieve your goal.

2. Worth of Your Product

You must analyze the worth of your product to come up with a winning product that will sell in the marketplace. For instance, what problem do you intend to solve in the marketplace?

Are there businesses already doing that? Then you must come up with a product that adds the extra value missing in the market place.

3. Determine the Market

The reason why many entrepreneurs are failing is because they keep putting the cart before the horse. That is, they come up with a product without first researching the market if there is a reasonable demand for it.

After they have invested time and money, then they will realize that nobody needs it.

The best thing to do is first determine if there are people that will buy your product before you create it.

4. Determine the Price

The status of the people you are targeting to buy your product should decide your pricing. You must determine if the product is for the low class, middle class or the high class in the society.

For example, if your product is targeting the low class, you should note that low prices will be the motivation for them to purchase. But the rich will look forward to buying exclusive quality product at high prices.

5. Source of Product

For the application of your business ideas to be profitable, it’s important to know from the onset that there is a reliable source of supply for the product. It’s a key factor that will determine how far you will go in the business.

For instance, if you are not creating the product, and the source of getting it is deem, it may not be wise to go into the business.

6. Promoting Your Product

If your business ideas come up with a good product, but you lack the marketing skill to display it to potential clients that may buy from you, then you have no business.

You must device proven marketing strategy to reach your target audience and convince them that it’s the best product for them in the market place.

Therefore, you need to observe the marketing strategies of your competitors to improve your advertising strategy.

Yours in success,

Olabode Oruku

Network marketing is basically a method of “sales by referral. For instance, if you constantly use a product and its beneficial to you, naturally you would recommend the product to your friends.

At best the owner of the product will say ‘Thank you’, no more no less. You will not be paid for your effort.

But in a network marketing program, when you refer others to the product, you will be paid a percentage commission for that, and paid for referring other persons into the business.

It is as opposed to traditional business that rely heavily on extensive transport, marketing and sales structures where products are made more expensive by all the different middlemen in the business.

KEDI Business Opportunity 2012 DISTRIBUTORS’ CAR AWARD

This year’s car award as we have done in previous years lived up to expectation. Kedi awarded forty-seven brand new cars and seven houses to its distributors who have met the sales target. Other awards were also presented like the best centre awards, excellent lecturer’s award, recognition awards and many more. The President of Kedi, Mr. William Zhao was welcomed to the ceremony with a rapturous applause. Dignitaries from NAFDAC, MEDIA HOUSES AND HEALTH SECTORS, and people from other works of life were all present at the event. The merits of KEDI Business Opportunity to Traditional Form of Business Are:

1. It requires less Investment

2. It has little or no risk, since you invested small amount of money to buy the product.

3. No Professionalism limit to your career, since the company keeps investing in your education to make you a better distributor.

4. You control your time and determine when to work.

Company

KEDI Healthcare Industries Nigeria Limited is a wholly owned subsidiary of KEDI Healthcare Industries Company (Hong Kong) Ltd. It has factories and R&D centers in China supplying high quality Traditional Chinese Medicine products.

State Administration of Traditional Chinese Medicine is the administrative authority of TCM under Ministry of Health.

SATCM gives full support to KEDI Healthcare in the areas of product selection and technical consultation. Therefore KEDI’s products are of superior quality and are treasures of TCM.

The company, unveils the secret of Chinese Herbal Medicaments and provide you with a harmonious life. Integrate the wisdoms of human being and 5000 years quintessence of Chinese civilization.

Mission Statement

KEDI Healthcare commits itself to promote Traditional Chinese Medical Culture worldwide, to introduce the quintessence of Chinese Medicine -- herbal medicament, and to contribute to the well-being of mankind

Compensation Plan For KEDI Business Opportunity

Joining conditions

1. A formal citizen with legal age;

2. A qualified sponsor (your friend who introduce you to the business is your sponsor)

3. Regular user of the company’s products.

1 star Consultant

Consultants join and get Start-up Kit.

Features:

Retail profit of 20% on all direct personal sales

1 Star KEDI Start-up Kit = $15.00

2 star Consultant

Features:

Bonus & Commission:

20% retail profit on all direct personal sales

5% bonus on Direct Downline (Direct Bonus)

2 Star Purchase of 80 BV and become 2-Star Distributor.

3 star Consultant

Features:

Bonus & Commission:

20% retail profit on all direct personal sales

20% bonus on Direct Down line (Direct Bonus)

0-15%bonus on In-Direct

3 Star Purchase of 250 BV

4 star Consultant

Features:

Bonus & Commission:

20% retail profit on all direct personal sales

25% bonus on Direct Downline (Direct Bonus)

5-20% bonus on In-Direct

4 Star Qualifying criteria:

1,000 CBV and 3 x 3* Downlines or

2,000CBV and 2 x 3* Downlines

Your Retail Profit and Bonus is calculated as follows:

1) Direct Bonus = 3 X 250BV X 25% = 187.50 $

2) Indirect Bonus = 1 X 250BV X 5%= 12.50$

Total: 187.50 + 12.50 = 200$

5 star Consultant

Features:

Bonus & Commission:

20% retail profit on all direct personal sales

30% bonus on Direct Downline (Direct Bonus)

5-25% bonus on In-Direct

5 Star Qualifying criteria:

4,000 CBV and 3 x 4* Downlines

or 8,000CBV and 2 x 4* Downlines

PBV/MONTHLY=20BV

6 star Consultant

Features:

Bonus & Commission:

20% retail profit on all direct personal sales

35% bonus on Direct Downline (Direct Bonus); 5-30% bonus on In-Direct

6 Star Qualifying criteria:

20,000CBV and 3x5*Downlines or Similar conditions as

Previous Star levels apply

PBV/MONTHLY=50BV

7 star Consultant

Features:

Bonus & Commission:

20% retail profit on all direct personal sales

40% bonus on Direct Downline (Direct Bonus); 5-35% bonus on In-Direct

7 Star Qualifying criteria :

80,000CBV and 3x6* Downlines or 160,000CBV and 2x6*Downlines

PBV/MONTHLY=100

8 star Consultant

Features:

Bonus & Commission:

20% retail profit on all direct personal sales

45% bonus on Direct Downline (Direct Bonus); 5-40% bonus on In-Direct

320,000CBV and 3 x 7* Downlines or 640,000CBV and 2x7*Downlines

PBV/MONTHLY=200

Qualify for Brand New Car

One star manager For Kedi Business Opportunity

2 downlines with 8* of different networks

Qualify for Free, All-expenses paid International Tour and Honorary Bonus 1% of One-Star Manager

Two star manager For Kedi Business Opportunity

3 downlines with 8*of different networks

Honorary Bonus 1% of One-Star Manager & Honorary Bonus 0.75% of Two-Star Manager

Three star manager For Kedi Business Opportunity

4 downlines with 8* of different networks

Qualify for Honorary Bonus 1% of One-Star Manager & Honorary Bonus 0.75% of Two-Star Manager & Honorary Bonus 0.5% of Three-Star Manager

One to five star Director

5-10 downlines with 8* of different networks

Qualify for One to Five-Star Director Honorary Bonus

(0.5%-2.5%/1-5 STAR DIRECTOR)

Honorary chairman

4 downlines with Three-Star Manager of different network

Qualify for Villa and Honorary Bonus of Honorary Chairman Status 0.25%