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.
- Focus on maintaining your monthly EA status
In your first month become a Fast-Track member and enjoy the membership benefits. To qualify, you’ll need to perform the five Getting Started actions associated with becoming a Fast-Track member and purchase TC New Member Pack (NMP) for $20 up to 5 times max. The NMP is packed with TCredits, MRPs, EZ game tokens, 3 CSAs and 500 VP. This is one of the best ways to achieve your EA easily.
- Focus on learning the skills required for sponsoring effectively
You need to concentrate your efforts in going through the Training tab. It contains invaluable information of marketing your SFI business. The most important activities that continuously bring growth in your SFI business are lead generation and follow up. You should know of lead generation techniques in order for you to build your downline. The process generally involves the use of several methods to generate leads. Leads are basically people who have potentials of participating in your business, whether as a customer or as a member of your downline. It should be of your greatest concern to find more people who can become part of your downline since some downline members might come and go, or even be inactive and inefficient. With lead generation, you get to know more people that might be willing to be part of your downline and actually have excellent skills that will help you and your business flourish.
You need to invest time and money on these activities to support the growth of your SFI business. Invest on domain name, building your website/blog, and on web hosting. It might help to purchase targeted traffic from reputable ECAs. You should be able to establish a step-by-step system that covers lead generation, follow-up and conversion. These are the three most important elements in marketing your SFI business.
You can also consider investing on S-Builder Co-op.
An important part of your long term goal would be to have a sustainable and profitable SFI business.
- Become a Team Leader
As you continue to sponsor new affiliates, you’ll be able to identify your movers. Invest your time and money on your movers. Encourage/motivate them by organizing contests. Emphasize duplication to your downline via an easy-to-follow SFI BASICS.
Let them follow your example and your initial $500 investment will go a long way. You’ll easily achieve the TL rank in no time.
Maintaining Focus
Focus allows for more effective utilization of the scarce resources of your time and money investment. Your budget will bring you greater return if you use it effectively by narrowly defining your target objectives with your initial investment.
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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.
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