Need a little clarification here. Do you mean extra $100 just this one time or every month? How you spend to maximize and grow your SFI business depends on whether this amount is available each month. If this is a one-time extra money then I suggest that you utilize it this way:
- Purchase TCredits to any value (you cannot place a SO because you won’t have this amount to purchase TCredits for the following month) and use it to bid on DP auctions (double MRPs). With DP auctions you earn 10 MRP instead of the usual 5 MRP for every bid. This way you accumulate your MRP and then when your TCredits run low purchase these by paying through MRP. You also earn action VP. So double whammer!It could be a triple whammer if you win the auction.
- Yes, you could also purchase S-Builder Co-op units to grow your downline team. If you are a newbie I would not recommend the S-Builder because you are still learning the ropes and not in a position to lead your downline team. If you are an AE, AE2 or BTL then yes, go for it. By motivating your downline team through contest you create duplication and that is the key to success in SFI.
- Unless you are prepared to devote enough time to reading, my advice is to skip the IAHBE for simple reason that you will receive immeasurable amount of information and you will not be able to cope with your SFI business and work with your downline affiliates at the same time. IAHBE is excellent for intermediates and seniors (Team Leaders) unless of course you are like me an avid reader and spend time till late night reading as much as you could. BTW I still have not even started reading some of the material received last month, with my 1st issue of IAHBE!
- You could also pay the S&H cost of the W3 Starter Kit. Another excellent medium to promote/enrol ECAs and PRMs to TripleClicks.
- Another item you could spend on is the TripleClicks Letterheads and envelopes. You could use these to officially contact prospective ECAs, introducing TripleClicks to them, showing salient features and requesting an appointment to discuss in detail the advantages of selling at TripleClicks.
- To motivate your downline affiliates (if you are an EA) you could set up a contest and offer either gift certificates, TCredits, Cash or S-builder units as prizes. By motivating them to achieve more you earn more by way of commission.
- You could also reward your downline movers on their accomplishments thus motivating them to move full steam ahead.
- If you use your imagination I am sure there are many more ways you could use this one-time $100 to maximize and help grow your SFI business.
If this extra $100 is available every month, good for you. You can have your SO.
- I would recommend TCredits if you are a beginner.
- After learning and acquainting yourself with the workings of SFI you could go for the S-Builder.
- Consider IAHBE if, as I said, you are an avid reader and quick learner. Mind you, IAHBE is excellent with a plethora of information that it could overwhelm you. A lot free stuff too – reading material & videos. Whether one would have the time to read all of the material is another matter.
- Setup a marketing campaign. In fact, the question of how to organize a successful marketing campaign has been raised at ASK SC right now.There are some very useful answers and suggestions. Just click ASK SC tab on your homepage to read the numerous answers.
I hope you would use the extra $100 wisely and see you at the top rung of the ladder of success!
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