Affiliate since: 10/16/2013, Power Rank: 99999999 | Read Zdravko's 4 other Ask SC answers

Hello,

In my opinion, first thing that we must be clear about is that this is NOT a job
for salary. We are not working for our fixed salary at the end of the month,
but rather we are building a business. Ask your PSAs, if they can name only
one, just 1 successful businessman that has built a successful company without
any investments? There is no such business...Period... They must understand
that what we are doing here, is "investing today"(Both Time and Money) so that
later we would enjoy residual income that would grow month after month.

Now I'm well aware that most of the affiliates don't have much money and are sort of reserved when it comes to giving money for something that doesn't guarantee them return on investment. This is natural... every business requires some sort of RISK. Here is
where SFI comes in the picture: The beauty of this business is that very little investments, gradually, can really help you build highly successful online business that
would not double, but return thousand times of the initial investment. As time goes by,
when commissions will start to roll in, it will become natural for them to invest some
money, because they are not giving from their own pockets, thinking that they are making
profit for their sponsors... It's really not like that at all, they are helping themselves and they must realize that as soon as possible.

So my advice is the following:

1. Lead by Example! - If they see that you do it, eventually they would start do the same because they see it works and that you make money and ROI.

2. Communicate the big picture! - Make sure that they understand the huge potential that SFI offers to the affiliates. Make them understand that the investments they make today, can have a huge ROI in future, unlike any other offline businesses, because the investments here are so much smaller than those in the brick-and-mortar world.

3. Last but not Least! - Cheer up, even if they don't want to do it, don't bother yourself, it will come the time when you will sponsor wiser affiliates that would grasp the potential in SFI and that will be open and willing to invest even more then you expect from them.

I hope that this answer will help you, just be persistent and success will inevitably come :)
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Hello,

In my opinion, first thing that we must be clear about is that this is NOT a job
for salary. We are not working for our fixed salary at the end of the month,
but rather we are building a business. Ask your PSAs, if they can name only
one, just 1 successful businessman that has built a successful company without
any investments? There is no such business...Period... They must understand
that what we are doing here, is "investing today"(Both Time
...more

Affiliate since: 05/16/2013, Power Rank: 99999999 | Read Velma's 12 other Ask SC answers

I personally believe that when going into any business, you have to think of investing CASH. If there was a way where anyone can start a business without cash upfront, even if it is a loan, then we all might have had traditional businesses functioning every where.

Even though its free to join SFI, every wise person would know that to be successful, there must be a COST. Practically, investing of your TIME is of utmost importance, but without putting in some money into starting that business, its a waste of time.

When communicating with your downline, be sincere and truthful. Give them an example of any traditional business where they have to find a large investment to take care of initial things like downpayment on rental (unless the place is owned), cost of preparation to get the place in order, including advertisement and display, buying of merchandise, etc.
Then you explain to them that with SFI, it takes just a little to invest in a standing order, to enable them to be active EA's each month. When they experience the activity of being an EA with a downline of affiliates that are earned each month, they will be encouraged to move up to the next level to be a teamleader.

However, you, the upline, must lead by example. They must see the evidence through your BADGES, and your activity in SFI. As the saying goes, SEEING is BELIEVING.

If they are wise and smart, commonsense will prevail, and they will see the importance of investing some cash, if they want to be successful in SFI.

I believe that the only way to secure the future is to take care of the present, but we all need to make the SACRIFICE, as nothing good comes easy.
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I personally believe that when going into any business, you have to think of investing CASH. If there was a way where anyone can start a business without cash upfront, even if it is a loan, then we all might have had traditional businesses functioning every where.

Even though its free to join SFI, every wise person would know that to be successful, there must be a COST. Practically, investing of your TIME is of utmost importance, but without putting in some money into starting that business,
...more

Affiliate since: 12/31/1969, Power Rank: 99999999

Hello,

Here is my answer. I'm sure just about everybody knows the infamous words "You reap what you sow." What you put into this business is basically what you get out of the business. The more effort and investment you put into this business, the more you are going to get out of this business.

The first thing would be to start with the "Wave 3 Membership." It is only a one time fee of $1.95. Immediately you get 5 Free Monthly T-Credits as well as 50 free Members Reward Points. That can definitely possibly make a huge difference in your part of your business.

The second thing would be to use the money to invest in PSAs and CSAs. By investing in PSAs, you get residual income from teaching them what you just did in order to be successful in this business.

The third thing to do would be to invest in T-Credits whether it be small time or even a "Standing Order" Pack as well. By using T-Credits in auctions and "Pick The Price Contests," you will succeed in the long run.

Again, you get what you put in this business. You do nothing, you get nothing. But you do a lot, and you will get a lot.
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Hello,

Here is my answer. I'm sure just about everybody knows the infamous words "You reap what you sow." What you put into this business is basically what you get out of the business. The more effort and investment you put into this business, the more you are going to get out of this business.

The first thing would be to start with the "Wave 3 Membership." It is only a one time fee of $1.95. Immediately you get 5 Free Monthly T-Credits as well as 50 free
...more

Affiliate since: 09/25/2012, Power Rank: 132 | Read GT's 63 other Ask SC answers

Personally, I try to impress on my team members that they can build this business the slow way or the fast way and it all depends on how serious and determined they are to succeed.

The slow way is by using only free methods. They take time and sometimes a whole lot of energy and effort. Usually, many affiliates who do it this way get frustrated or lose their focus and start drifting away to other things.

On the other hand, you can accelerate your progress by investing small amounts of money wisely. For example, by setting up a Standing Order to maintain your Executive Affiliate status, and by investing in other beneficial purchases, like the S-Builder Co-op.

When you invest in your business in this way, you create a stronger purpose and stronger commitment and this helps you to stay focused and work harder. It is a cycle that helps to perpetuate itself.

That's the message I try to share.

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Personally, I try to impress on my team members that they can build this business the slow way or the fast way and it all depends on how serious and determined they are to succeed.

The slow way is by using only free methods. They take time and sometimes a whole lot of energy and effort. Usually, many affiliates who do it this way get frustrated or lose their focus and start drifting away to other things.

On the other hand, you can accelerate your progress by investing small
...more

Affiliate since: 12/31/1969, Power Rank: 99999999

I think that there are a few keys to properly and effectively communicate this to our Affiliates.

It is important to explain how even a small monetary investment will benefit THEM. You don't want to come off as if you are simply trying to sell things to your Affiliate or just get them to spend money. You must explain the BENEFITS and ADVANTAGES that they can and will directly receive make a minor investment.

Secondly, I think it can be of great value to share the ways in which YOU invest in your own SFI business. Explain your favorite ways of investing (SO, favorite ECAs and products) and describe how you have benefited from these. Leading by example works wonders.

Lastly, find the right level of subtlety. You don't want to be pushy and you don't want to encourage anyone to invest an amount that they cannot afford. On the other hand, you also don't want to neglect to encourage your Affiliates to make SMART investments in their SFI business. You do want to guide them to making effective investments in their business.
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I think that there are a few keys to properly and effectively communicate this to our Affiliates.

It is important to explain how even a small monetary investment will benefit THEM. You don't want to come off as if you are simply trying to sell things to your Affiliate or just get them to spend money. You must explain the BENEFITS and ADVANTAGES that they can and will directly receive make a minor investment.

Secondly, I think it can be of great value to share the ways in which
...more

Affiliate since: 05/24/2017, Power Rank: 99999999 | Read Forex's 136 other Ask SC answers

I usually "flat out" let my PSA's know that I believe 100% in SFI and have been quite successful in this business. I let them know that it is just like ANY OTHER BUSINESS! In any business that is worth having, you will NOT be able to just cruise along without any type of financial obligations.

I remind them that to open a McDonald's store, you must pay $250,000 just to come into the franchise (and you haven't even gotten a store yet). To open a local business, you need to buy/rent a building which could easily run between $2,000 - $10,000 monthly - and that's just for the rent/mortgage.

I let them know that with SFI there is NO overhead, NO franchise fee, NO rent/mortgage, NO inventory, NO accountants & attorneys necessary, NONE of that stuff... but you still need to be financially responsible. For less than $100/monthly, you can be in business AND do very well for yourself. I also let them know that if they let me teach them, within 6 months, they will begin seeing a nice return on their investment too.
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I usually "flat out" let my PSA's know that I believe 100% in SFI and have been quite successful in this business. I let them know that it is just like ANY OTHER BUSINESS! In any business that is worth having, you will NOT be able to just cruise along without any type of financial obligations.

I remind them that to open a McDonald's store, you must pay $250,000 just to come into the franchise (and you haven't even gotten a store yet). To open a local business, you need to buy/rent
...more

Affiliate since: 07/02/2024, Power Rank: 99999999 | Read Williams's 638 other Ask SC answers

The simplest way to explain anything is to be straight to the point. When it comes to investing money into SFI most have a misconception. It is the misconception centered about the "no obligation to buy" policy. Let's get it straight. You don't ever have to purchase anything if you don't want to. You can just do without. Right?

However, if you want to maintain EA over the long term you will either have to invest in a transfer buy or create an active network. A large inactive network is useless. A large active network that is replenishing itself will create duplication. This model is unrealistic without a merchandising plan. Although it will work until you reach the point of saturation. Then, the numbers can't be sustained statistically speaking. Simply put, you have to create EAs every month for the life of your business and more and more EAs as the older EAs die off. This has to happen through each generation. At some point it will not work because the turnover rate is too high.

Therefore, instead of ever working trying to 'recruit for life' find 5 that are willing to invest in a transfer buy and help them get 5 likewise. Duplicate this process and you will not hit a plateau then die off. Instead your SFI business will snowball into a cash generating MONSTER!! This is why we all came to SFI to generate cash.

In the end, the decision is theirs. They can choose to be a 'hamster' on a spinning wheel or they can choose to plant seeds that will produce a definite harvest. A farmer sows seeds each season to produce a continual harvest. With this understanding, our SFI business is dying a slow but certain death.

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The simplest way to explain anything is to be straight to the point. When it comes to investing money into SFI most have a misconception. It is the misconception centered about the "no obligation to buy" policy. Let's get it straight. You don't ever have to purchase anything if you don't want to. You can just do without. Right?

However, if you want to maintain EA over the long term you will either have to invest in a transfer buy or create an active network. A large inactive
...more

Affiliate since: 11/09/2012, Power Rank: 99999999 | Read Ljiljana's 12 other Ask SC answers

Sometimes we spend, and sometimes we invest.

To simply explain it to a member of your team ask him/her some questions:
What are you spending on? What are you investing in? How do you decide?
To spend means to exchange value for a product or service. You spend on what gets spent.
But, you invest on what develops into even more value.

You're the owner, right? You have your online office, websites, your team you work with, your online store,... taking your business, right? Owners are investors!

If you're serious about running your job and you think how to maximize your income, then you will want to consider whether and how much money you want to invest in your business. Setting goals and careful planning will lead you on how to do it wisely. The importance of investing is just that, to bring us to higher revenues. I think it is smart enough.

In order to convince him/her in the above, just explain how compensation plan works and all of the matching points. Everyone have to choose how wants to spend their money. Spending or investing?
For starters, standing order is good choice to invest, on my opinion.

PS. Don't forget the time! Also, choose how you spend your time. Playing games on your computer is spending, but working on your business plans is investing.

Once you know the difference and what it brings to you – you can easily choose.

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Sometimes we spend, and sometimes we invest.

To simply explain it to a member of your team ask him/her some questions:
What are you spending on? What are you investing in? How do you decide?
To spend means to exchange value for a product or service. You spend on what gets spent.
But, you invest on what develops into even more value.

You're the owner, right? You have your online office, websites, your team you work with, your online store,... taking your business,
...more

Affiliate since: 09/12/2013, Power Rank: 99999999 | Read Sridhar's 5 other Ask SC answers

First of all we should tell them the importance of investing the amounts in SFI because many affiliates do not know about this when they come into the business. The amount that they could afford to invest is the next important thing. We can guide them to start with a 100TC standing order which costs only $29 and will earn them 1200VPs. For maintaining the EA level they need 1500VPs, so they can earn balance 300VPs from daily, weekly actions. If they are unable to afford this much, they can buy 1TC packs 10 times which costs 1.89 x 10 = $ 18.90 only so that they will get 102 x 10 = 1020 VPs and on reviewing the products, they will get 250 VPs which also crosses the 1200 VPs and the rest around 300 VPs, they can get thro' daily, weekly actions to retain their EA Level. The smart thinking can widen their ability in building up the business and once they get involved in the business, then they will begin to invest more amount and will reap the benefits as well. I hope this answer will be helpful to many.
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First of all we should tell them the importance of investing the amounts in SFI because many affiliates do not know about this when they come into the business. The amount that they could afford to invest is the next important thing. We can guide them to start with a 100TC standing order which costs only $29 and will earn them 1200VPs. For maintaining the EA level they need 1500VPs, so they can earn balance 300VPs from daily, weekly actions. If they are unable to afford this much, they can buy 1TC
...more

Affiliate since: 12/31/1969, Power Rank: 99999999

I tell my team mates that this is their business. And most businesses require either a lot of work, or a a lot of money. But with SFI's business model you can stay free and work hard or invest and work smart. And it doesn't have to be a lot of money. Most startups cost you thousands, like a McDonald's franchise for instance. But with SFI you can start earning very quickly for free in your first month, then it gets a little harder your second, and you'll need to either refer a lot of people or invest a little bit of money.

Even just starting out with Wave 3 will help. And that's only free and you just pay $1.95 for shipping! Then you can take some of the tcredits you get and list products you have for sale and make a small fortune! That's how I started out and I entered an aucion with my five free tcredits and won a 300 pack of tcredits! So you really can start making money right away with a little hard work and a little investment. The sky ...I started to say the sky is the limit, but there really is NO LIMIT.
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I tell my team mates that this is their business. And most businesses require either a lot of work, or a a lot of money. But with SFI's business model you can stay free and work hard or invest and work smart. And it doesn't have to be a lot of money. Most startups cost you thousands, like a McDonald's franchise for instance. But with SFI you can start earning very quickly for free in your first month, then it gets a little harder your second, and you'll need to either refer a lot of people or invest
...more