How do you motivate your down line to spend money monthly to maintain EA status without sounding greedy?
Before we can attempt to answer this question, I think we need to unpack the following:-
A. What is a business; Can a business be, without investments
1. A business is organization or economic system where goods and services are exchanged for one another or for money.
2. Every business requires some form of investment.
B. What Motivates Entrepreneurs/Business people?
Hunger for success. Exponentially more men and women who successfully and continuously launch thriving businesses are committed, hardworking and always thrive to achieve success and recognition be in global or in small scale but remain highly profitable just the same.
C. How do they do it?
Given the repeat success many enjoy, you can pretty much count luck out. And while a wide range of leadership abilities go into the mix, at the core is an innate drive toward success.
The greatest challenge for a serial entrepreneur is figuring out how to rekindle the initial hunger, passion and dedication that fueled their first venture. To do so, many surround themselves with connections who’ve supported them in the past, often leaning heavily on trusted partners for crucial financial, professional and emotional support. To continuously draw from these people, the entrepreneur must inspire an organic dedication among his or her followers.
Often viewed as optimistic and idealistic, the entrepreneur possesses a level of commitment and a vision that are easily observed. They’re inventive, aggressive, confident, tireless, highly (and often severely) competitive, and possess an intense level of focus. Entrepreneurs genuinely believe in what they’re doing and thereby inspire others toward the same goal. They typically place a high value on creativity and will take a calculated risk if they’re fairly certain they can sway the eventual outcome in their favor.
But what inspires such a fierce level of commitment?
a) Wealth
Money seems to be the common denominator among serial entrepreneurs. Taking a quick glance over a list of The World’s Billionaires compiled by Forbes, a large percentage are entrepreneurs, including Bill Gates, Warren Buffet, Larry Ellison and Amancio Ortega. These men account for the top 1 percent of the world’s wealth and have achieved their standing as self-made entrepreneurs.
b) Intrinsic Motivation
Also known as the “entrepreneurial obsession,” intrinsic motivation is a term used to refer to the predisposition to work on something because it’s interesting, engaging, stimulating, satisfying or challenging on a personal level. This is in opposition to the larger set of people who are extrinsically motivated, driven by expected evaluation, supervision, competition or rewards. Entrepreneurs do what they do because they genuinely enjoy it. As a result, many serial entrepreneurs strive to create something that is both tangible and significant and will not pursue objectives they deem to be less of a challenge.
c) Social Responsibility
There is no guarantee on the success of any business startup, though the success rate of a serial entrepreneur would seem to argue with that fact. As mentioned above, those willing to risk both time and financial resources do so because they believe in what they’re doing. And with entrepreneurs like Steve Jobs or Larry Page, the co-founder of Google, we glimpse a desire to leave the world a better place by contributing innovations that improve the entrepreneur’s chosen field. These individuals, who may possess a nearly maniacal level of ambition, tend to provide products and services that strive to improve society and in the process leave a significant mark on the world – in short, a legacy.
1. Coming to the question at hand:-
1.1 What is EA Status?
EA stands for Executive Affiliate, which is one level in the SFI business. SFI have EA2, Bronze, Silver, Gold, Platinum and Diamond levels. These levels depicts your earnings in the SFI business.
1.2 What are the advantages of keeping EA level?
When you are now EA2 you begin to taste your hard work and share in the SFI pool. In the Triple Clicks there is a lucrative income stream that we as affiliates can tap in monthly.
1.3 How is it working
There more VP you score e.g. 1500 VP monthly, you will receive one share of the months’ pool. You should note that VP can be earned for doing wide variety of actions. This you will find in the VP Ledger page. So having a standing order of 1500Vp automatically qualifies to earn a share in the business. But surely you do not want to end being the EA2 only you will need to forge forward to become even the other levels as I have outlined it where you will even share the most in your business.
1.3 Experience
How is it working for you?
Share your wonderful news about how this EA status is working for you.
It is important as leaders to lead by example. The saying that says” Lead by example and practise what you preach” is true in its true sense. You can’t expect you’re down lines to be keep the EA status whilst you as a leader you have nothing to show for that. You’re home page must speak for itself.
1.4 Refer
Refer your down line to the relevant tabs, where they could get more information as supplied by SFI. The read! Read! its emphasized by SFI. There is no magic in prospering in the business you need to learn the ropes, the ins and outs of it in order to succeed.
It is the same with SFI it no miraculous business but a genuine business like the rest that need investment in a form of time, commitment, patience, and money.
So I will say propel your down line to take this business serious by putting a little in their monthly budget resources for the business until the business can take up its own dues until then sacrifices are to be made. Surely there is something you can sacrifice for the sake of your business in your monthly spending.
By saying the above does it show any greediness on your side? I don't think so, you are simply looking up for their business.
All of the best.
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