This is a very good question and the answer lies within the question. First of all, SFI is a real business and therefore should be treated as such. As with any business there are a few things to consider:
1. The costs - no business owner expects to start a business for free. It cost in numerous ways that include time and money. Some of the costs that should be considered are as follows:
1A. Start-up cost. When compared to a traditional brick-and-mortar business, SFI has practically no upfront start up costs. While it is necessary to have a computer or smart device that is internet capable, you can use free internet sources and borrow a computer until you are able to buy one. Free sources in this category could be the cafe, a public library, a relative, or a close friend that has these. Who knows you may be able to sponsor them when they see your progress.
2A. Operational costs. Again when compared to a traditional business, SFI has very little if any operational cost. It cost no more that the capital you set aside for your marketing and promotion, product research & development, and logistics. $90/mo is plenty to take care of your business needs in the beginning. I recommend that $30 of those dollars be invested in a transfer buy that will maintain your EA2 status. Invest another 30 in growing your network. Invest the last $30.00 in supporting your network and Pricebender auctions.
2. Business plan. Your business plan is going to outlay your mission statement and objectives as well as set the plan of action for your management plan, merchandising plan, financial plan, and operational plan. Without plans for success, you doom your business to failure even before you begin.
3. Exit strategy. No matter if you plan to retire, sell out, or quit at some point you need to determine your exit strategy. Vanity of vanities everything is meaningless. What this means is that if you want to spend your whole existence build your SFI empire then die fine; however, it you want to be able to enjoy other aspects of your life then you need to know when you have achieved what you set out to achieve in this business so that you can move on to your next life goal.
This is how people approach business - with a purpose. Know your purpose, work toward achieving your goals, and then achieve greater goals. This is a synopsis of the business cycle - inception, growth, decline.
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This is a very good question and the answer lies within the question. First of all, SFI is a real business and therefore should be treated as such. As with any business there are a few things to consider:
1. The costs - no business owner expects to start a business for free. It cost in numerous ways that include time and money. Some of the costs that should be considered are as follows:
1A. Start-up cost. When compared to a traditional brick-and-mortar business, SFI has
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