How do you explain to new affiliates what VersaPoints are and what they are used for?
Jeannette Gerrard, Aff (District of columbia, US)
10/10/2013 4:28 pm
Affiliate since: 11/13/2001, Power Rank: 84
VersaPoints (VP) are used to measure progress in SFI by rank (country, overall and class). The more points scored, the more your income. There are two types of VP, action and sales. Action VersaPoints are scored on all actions. Sales VersaPoints are scored on all purchases and sales. Each month you start at 0. So it is important to gain EA status with a maximum of 1500 sales VP and up to a maximum of 2,000 sales VP. There is no limit on action VP. You also gain VP on the actions of your personally sponsored affiliates (PSAs). So it is very important to build a downline of affiliates and to build a strong team with many affiliates. This is because not everyone really becomes active after signing up and because many do not stay active. That is why it is so important to log in every day and to advertise your business and your store whenever and wherever you can! Remember, the more VP, the more your income and the higher your rank in all areas, including your daily VP Streak (because you log in every day and complete all your tasks. You gain badges and win valuable prizes by doing all these actions and entering all available contests as well. Imagine winning VP in contests and getting help toward reaching Bronze, Silver, Gold and Platinum Team Leader status! Now, isn't that great?
less
VersaPoints (VP) are used to measure progress in SFI by rank (country, overall and class). The more points scored, the more your income. There are two types of VP, action and sales. Action VersaPoints are scored on all actions. Sales VersaPoints are scored on all purchases and sales. Each month you start at 0. So it is important to gain EA status with a maximum of 1500 sales VP and up to a maximum of 2,000 sales VP. There is no limit on action VP. You also gain VP on the actions of your personally
...
more
What is your advice to those who want to pursue this business but have limited time to invest into it?
Jeannette Gerrard, Aff (District of columbia, US)
1/15/2014 3:29 pm
Affiliate since: 11/13/2001, Power Rank: 84
Time limitation is more an excuse. We are all given the same number of hours in a day. We all have commitments and schedules. So it depends on how interested a person really is in any business. If it is something you really enjoy doing, you will find the time to do it.
People who just drag their feet and don't do what they say they're going to do when they make a commitment perhaps are not really as interested as they lead you to believe. Unless a person has an emergency situation or becomes ill or is in a life-threatening crisis, enough time can be set aside, even if it is in small increments during the day, to work on this business. That is my opinion.
less
Time limitation is more an excuse. We are all given the same number of hours in a day. We all have commitments and schedules. So it depends on how interested a person really is in any business. If it is something you really enjoy doing, you will find the time to do it.
People who just drag their feet and don't do what they say they're going to do when they make a commitment perhaps are not really as interested as they lead you to believe. Unless a person has an emergency situation
...
more
How can you offer financial support to a hard-working PSA/CSA who is truly financially challenged?
Jeannette Gerrard, Aff (District of columbia, US)
9/22/2013 5:36 pm
Affiliate since: 11/13/2001, Power Rank: 84
It's a good idea, in this situation, to find out as much information as possible about the affiliate in question and what the needs really are.
If the person truly proves that he/she is a hard worker and really needs financial support to grow in this business, then give some TCredits or a gift certificate or some reassignments of affiliates (if you have enough EAs to do so) or give affiliates through one of your co-ops. As the affiliate grows stronger and is able to support himself/herself financially because a team is well established, then you can begin to change the financial support so the affiliate can learn to help others along the way, just as you have done. In every way, teach affiliates to do what you are doing so they will learn to not be dependent financially on others, but to help others to do the same.
It's good when people learn that hard work pays off and not to be dependent financially. However, there are times when the unexpected happens. At those times, we should all help support those in need, no matter how large or small.
less
It's a good idea, in this situation, to find out as much information as possible about the affiliate in question and what the needs really are.
If the person truly proves that he/she is a hard worker and really needs financial support to grow in this business, then give some TCredits or a gift certificate or some reassignments of affiliates (if you have enough EAs to do so) or give affiliates through one of your co-ops. As the affiliate grows stronger and is able to support himself/herself
...
more
What do you tell an affiliate who says he's going to quit because nothing is coming of his efforts and hard work?
Jeannette Gerrard, Aff (District of columbia, US)
3/6/2015 3:11 pm
Affiliate since: 11/13/2001, Power Rank: 84
Remind your affiliate of what is written in Launch Pad Lesson 11. See if the person has been completing all of the tasks each day by checking the VP Ledger. Remind the affiliate that it can take three to five years to break even. Just be an encourager.
Here is a story I read shortly after I joined SFI in 2001. I was very impressed by this.
A certain man who was homeless joined SFI. He went to the library every day and worked on his SFI business. He worked hard on it and was persistent. Eventually, this man earned enough income to get his own home and, from what I understand, he is no longer homeless!
Now, I do not know if this man is still an SFI affiliate. I sure would like to know. However, this proves that with hard work you can build your business and move from poverty and homelessness to a much better lifestyle. If this man is still an affiliate, I hope he reads this answer and uses his example to encourage his affiliates. We should do the same with whatever our situation has been to show others that this business works!
I hope my answer is helpful to you. May you succeed!
less
Remind your affiliate of what is written in Launch Pad Lesson 11. See if the person has been completing all of the tasks each day by checking the VP Ledger. Remind the affiliate that it can take three to five years to break even. Just be an encourager.
Here is a story I read shortly after I joined SFI in 2001. I was very impressed by this.
A certain man who was homeless joined SFI. He went to the library every day and worked on his SFI business. He worked hard on it
...
more
How does one support all your downline affiliates if you have barely enough to support your own self?
Jeannette Gerrard, Aff (District of columbia, US)
9/22/2013 4:46 pm
Affiliate since: 11/13/2001, Power Rank: 84
If you barely have enough to support your downline affiliates and they are truly financially challenged, show them all the ways they can earn extra income in SFI and TripleClicks. For example, you can tell them about eCards as a method of advertising. you can show them how to use any TCredits they have earned or have been given them by explaining that some auctions give you double MRP for each bid, thereby making it possible to get more TCredits or other items without spending cash. You can teach affiliates about the ECA Program and the PPA Program, as well as how to use S-Builder co-ops to build their business. Do what you can to help, even if it is a small gift certificate or a few TCredits.
One more thing an affiliate can do is to put in their E-mail signature a small text ad from the choices in the Marketing Section about SFI or TripleClicks. This takes very little effort and may pay off greatly.
There may even be ways that you can discuss with affiliates the need to change their buying habits and seeing if TripleClicks has the same items they would normally purchase regularly somewhere else. Perhaps they could spend less on some things and use that money to purchase items at TripleClicks for their business or for personal use.
There may be other ways to help, but these are a few I can think of right now.
Thank you for the opportunity to share with you my ideas. May they be helpful.
less
If you barely have enough to support your downline affiliates and they are truly financially challenged, show them all the ways they can earn extra income in SFI and TripleClicks. For example, you can tell them about eCards as a method of advertising. you can show them how to use any TCredits they have earned or have been given them by explaining that some auctions give you double MRP for each bid, thereby making it possible to get more TCredits or other items without spending cash. You can teach
...
more
Should we recruit our family members into SFI? Good idea or not?
Jeannette Gerrard, Aff (District of columbia, US)
9/22/2013 5:20 pm
Affiliate since: 11/13/2001, Power Rank: 84
I think we shouldn't think we are recruiting people into SFI. We are sponsoring them. So sponsoring anyone in SFI is a good thing, as long as the person does not live at the same address. You and your spouse would more than likely have one account together if you were both in SFI. Just abide by the rules and policies and you will be fine. It's like anything else. If family members want to join, it's just like sponsoring anyone else in the business who would be supportive of your business and your team. If they don't want to join you, remember that they are not rejecting you; they are rejecting a concept. Be kind and friendly to everyone, whether they join you or not.
It may be that someday, when family members, friends or others, see your success in this business, they may be attracted to it. It's all in the timing. Just as in other things, this business is not suited for everyone. So share it anyway and have fun doing it.
less
I think we shouldn't think we are recruiting people into SFI. We are sponsoring them. So sponsoring anyone in SFI is a good thing, as long as the person does not live at the same address. You and your spouse would more than likely have one account together if you were both in SFI. Just abide by the rules and policies and you will be fine. It's like anything else. If family members want to join, it's just like sponsoring anyone else in the business who would be supportive of your business and
...
more
What do successful Leaders in SFI know and do?
Jeannette Gerrard, Aff (District of columbia, US)
11/21/2013 7:36 pm
Affiliate since: 11/13/2001, Power Rank: 84
Successful leaders know that SFI is a business, like any business, where it takes time for growth; it is not an overnight success. They make sure their affiliates understand this. They welcome new affiliates right away and help those who need it with positive support and encouragement.
Leaders who are successful know as much as possible about the business and read as much as they can every day. They complete their tasks each day and strive to gain as many VP as possible and help team members to do the same.
Successful leaders do not coerce affiliates in any way. They know that this would only turn affiliates away. They know who their movers are and congratulate them and encourage them. They watch their genealogy to find those who are the workers. They make sure that affiliates abide by the rules and report those who refuse to do so.
I know that you will become one of those successful affiliates and gladly support you as you continue your journey. Keep asking questions.
less
Successful leaders know that SFI is a business, like any business, where it takes time for growth; it is not an overnight success. They make sure their affiliates understand this. They welcome new affiliates right away and help those who need it with positive support and encouragement.
Leaders who are successful know as much as possible about the business and read as much as they can every day. They complete their tasks each day and strive to gain as many VP as possible and help team
...
more
Which is the more potentially profitable activity...referring PRMs or ECAs?
Jeannette Gerrard, Aff (District of columbia, US)
9/25/2015 12:25 am
Affiliate since: 11/13/2001, Power Rank: 84
Referring ECAs would be the most profitable. You gain a smaller commission, but you gain commissions on every sale the ECAs make, no matter who the PRMs are or who referred them. However, referring PRMs will bring larger commissions if they purchase items from TripleClicks. As long as they keep purchasing items, you will get those commissions.
It is wise to refer PRMs and ECAs, because you never know which will succeed.
Many affiliates seem only interested in the Daily To-Do list. How can I motivate them to do other activities?
Jeannette Gerrard, Aff (District of columbia, US)
1/16/2015 2:44 am
Affiliate since: 11/13/2001, Power Rank: 84
The fact that affiliates are interested in completing those daily tasks on the To-Do List is a start. It is a very good start! The main thing that will help them to see how important it is for them to work in the business more is your example. Your badges show what you do. Your encouragement shows what you do. You teach them, by your example and by your encouraging messages, that in order to really earn in this business, you must invest time and some money into it. you teach affiliates that a positive attitude is very important! If a person is willing to spend time and read and read and read some more until he/she understands the whole business model and how it works, a leader will result from the hard work and the investment put into it.
less
The fact that affiliates are interested in completing those daily tasks on the To-Do List is a start. It is a very good start! The main thing that will help them to see how important it is for them to work in the business more is your example. Your badges show what you do. Your encouragement shows what you do. You teach them, by your example and by your encouraging messages, that in order to really earn in this business, you must invest time and some money into it. you teach affiliates that
...
more
If you already have your five future PTLs identified (per THE PLAN), should you keep developing more first-level stars?
Jeannette Gerrard, Aff (District of columbia, US)
1/16/2015 2:23 am
Affiliate since: 11/13/2001, Power Rank: 84
Yes, yes, and definitely, absolutely, yes! Just as you never stop bringing in new affiliates and sponsoring them, you never stop growing your team and adding new Platinum Team Leaders (PTLs) to your front line. The reason is that some affiliates may become inactive or drop out or something might happen to affiliates (some unfortunate thing). So you keep, "loading your wagon," and encouraging your hard-working affiliates and helping your team to gain those stars as well.
I suppose you might want to retire, but why would you? SFI is so much fun that I don't think I would. So keep building and climbing and aiming higher and dreaming bigger dreams and encourage your affiliates to do the same, no matter what level of your Genealogy they are on; you will succeed.
less
Yes, yes, and definitely, absolutely, yes! Just as you never stop bringing in new affiliates and sponsoring them, you never stop growing your team and adding new Platinum Team Leaders (PTLs) to your front line. The reason is that some affiliates may become inactive or drop out or something might happen to affiliates (some unfortunate thing). So you keep, "loading your wagon," and encouraging your hard-working affiliates and helping your team to gain those stars as well.
I
...
more
10/10/2013 4:28 pm