I have $500 to invest in my SFI business. What are your recommendations on the best way to use this money?

Sort answers:
6742 votes
Beverly Wallin, SB (British columbia, CA) Top Author Forum Guru 6/8/2015 1:48 am
Affiliate since: 07/24/2012, Power Rank: 8 | Read Beverly's 79 other Ask SC answers

What should you do if you have $500 to invest in your SFI business? This immediately brings a couple of factors to my attention in order to give a good answer.

1. Is this a one-time investment?
2. Are you just starting the SFI business?

(If you are in your first 10 days of joining, purchase the New Member Pack for lots of TCredits and EZ Credits at a fantastic savings.)

Assuming the two factors above are the case, my advice would be to set up a standing
...more
6733 votes
Osaro Odiase, Aff (Ireland) Top Author Forum Guru 6/13/2015 5:15 pm
Affiliate since: 08/29/2023, Power Rank: 99999999 | Read Osaro's 206 other Ask SC answers
Investing in your business is good especially when the investment is strategically in alignment with what yours business need at the time of investment, in order to increase your chances of success. Having gone through your snap shot and seen how successful you are in your SFI business and a GTL for that matter, I think at this point you may need to invest in some advanced marketing methods in order to improve your chance of more success and hopefully reach the DTL rank, so take the following suggestions
...more
6664 votes
Mar Fajardo, EA (Ontario, CA) Top Author Forum Guru 6/7/2015 9:13 pm
Affiliate since: 05/03/2002, Power Rank: 45 | Read Mar's 582 other Ask SC answers
With that amount of money as a SFI business owner, you need to think of the ways how it can provide you the best possible ROI (Return on Investment).

If you’re getting started with your SFI business, you need to set up your business plan and marketing strategy taking into consideration the following points:

- You should not fully invest that amount of money on your short term goal, but think how you can invest it the best possible way in accordance to your long term goal.
...more
6620 votes
, () Top Author Forum Guru 6/9/2015 11:57 am
Affiliate since: 12/31/1969, Power Rank: 99999999
I am going to assume you have a total budget allocation of $500 rather than $500 a month, and that you want to use it to create the best possible long term business for yourself.

First, I would buy a 100 TC subscription ($29, generating 1200 VP), 1 S Builder unit ($22 with your standing order discount, plus 280 VP) and 30 TC Gift Cards ($29.70, plus 100 VP for the purchase and an extra 300 VP as you register the details of the cards you distribute). That will cost you $80.70 a month,
...more
6618 votes
Ronelle Tharp, Aff (Florida, US) Top Author Forum Guru 6/6/2015 10:50 pm
Affiliate since: 10/04/2013, Power Rank: 99999999 | Read Ronelle's 268 other Ask SC answers
Best is to set up your Standing Order, I suggest at least 2x 125 TCredit pack and 2 units of SBuilder coop, and then at least 5 PSAs To Go (with at least 1 unit of SBuilder in your SO, you can buy PSAs to go for $1.99 each).

PSAs to go will come in within a few days, you will be able to get them off to a good, solid start. When SBuilder PSAs begin to arrive, I would leave off the PSAs to go.

SBuilder will take 4 to 6 weeks to begin arriving, you will usually receive 6-8/month/unit.
...more
6612 votes
Debbie Perales, Aff (Texas, US) Top Author Forum Guru 6/7/2015 11:51 pm
Affiliate since: 02/20/2004, Power Rank: 99999999 | Read Debbie's 2 other Ask SC answers
Since you have a Standing Order and are a Fast-Track Member. I want to Congratulate you for seeing the benefits of becoming a member. Your decision will pay off when you have a full team.

I would recommend the following:
1. Advertising
Buying Advertising from TripleClicks ECAs will help you get you're gateways listed. You’ll also earn VP’s and Member Reward Points.

2. S-Builder Co-op
Buy two S-Builders Co-op’s so that you can have another source
...more
6607 votes
Jacqueline Granger, EA (Pennsylvania, US) Top Author Forum Guru 6/7/2015 8:22 am
Affiliate since: 08/29/2012, Power Rank: 256 | Read Jacqueline's 83 other Ask SC answers
Hello Rebecca,

I am going to suggest that, you do NOT rush into investing anymore then you have to right now.

I would suggest that you do set up a Standing Order, (SO) for 125 TCredits @ $36.25 a month and also, one share of the S-Builder Co-Op for $22.00 a month, for a total of $58. 25.

By having a SO for the T-Credits and the S-Builder, a couple of things can happen for you.

1. You will maintain your EA2 status each month.

2. You will have
...more
6604 votes
Alvin Johnson, EA (Michigan, US) Top Author Forum Guru 6/13/2015 5:07 pm
Affiliate since: 10/07/2014, Power Rank: 251 | Read Alvin's 86 other Ask SC answers
Question:
"I have $500 to invest in my SFI business. What are your recommendations on the best way to use this money? "

You are very fortunate to have $500.00 to invest in this SFI business opportunity, however it is being involved with our business on a daily basis what gives us the most valuable return on investment.

Yes, those daily actions are what count the most. Pumping dollars into the business is great, but as every business owner knows, we must participate
...more
6591 votes
Bob Moore, Aff (California, US) Top Author Forum Guru 6/6/2015 8:58 pm
Affiliate since: 01/05/2011, Power Rank: 37 | Read Bob's 135 other Ask SC answers
Hello Rebecca,

You are new to SFI and with respect I submit the following:
I strongly suggest you take the first week or two to become familiar
with the website, the program, training and marketing materials offered.
Depending on your level of marketing experience, it is important in my
opinion to be as knowledgeable as possible, prior to building your
downline and promoting the TC Store and it's products/merchants.

The next important step is to decide
...more
6578 votes
Gliceria Pritchard, PB (Australia) Top Author Forum Guru 6/12/2015 8:41 am
Affiliate since: 11/29/2011, Power Rank: 21 | Read Gliceria's 402 other Ask SC answers
You are very lucky to have $500 to invest in your SFI business, so you need to think of the best way to use it that will give you excellent results within a few months.

With $500 set out a simple plan with a six-month budget to get started.

Start off with a Standing Order for 125 TCredit Pack @$36.25 for 6 months. This will cost you $217.50. With 1500 VP every month it will ensure you maintain your rank without stressing about it.

Then add a share in S-Builder Co-op
...more
Home
Hot Spots
Income
Marketing
Reference
Training
Tools
Leaders
Misc
Support
Zing Network
My Country Forum
My Account