As a new affiliate, how much should I invest in SFI to start earning money every month?
Let me be as practical as possible in answering this question. First, the theory.
1. You actually start to earn a commission in SFI from day one, just by earning VersaPoints (VP) by doing the actions available to you; see the complete list on your To-Do Tab on your SFI Homepage: -
https://www.sfimg.com/Home?tab=to-do_list
Note all the different types of actions you can do to earn VP.
2. But your commissions are not paid to you until you have accumulated at least 1,500 VP for the month. Once you have earned 1,500 VP each month you will also become an Executive Affiliate (EA). So you need to ensure that you earn at least 1,500 VP each and every month.
This point is not highlighted clearly in SFI. Perhaps the easiest way to find this out is to go to the “Compensation Plan”, see: -
https://www.sfimg.com/Reference/CompPlan#3
At the bottom of this page you will find “11 Reasons Why The SFI Comp Plan Rocks.” Read point #5 carefully: -
“5. Qualify for EVERY type of compensation with as little as 1500 VP a month!”
3. Commissions are paid monthly for the previous month into your “My SFI Commissions” account, see: -
https://www.sfimg.com/MyAccount/CommissionsIndex
4. But, if you don’t earn at least 1,500 VP each month, you will loose any accumulated commissions in your account. This is clearly stated as point #34 in your Affiliate Agreement, see: -
https://www.sfimg.com/Support/Solution?catid=26444&id=66887
5. Hence you need to earn at least 1,500 VP each month to be paid a commission and retain it.
6. How do you do this?
I recommend that you earn at least 1,500 VP each month through your own actions (including sales and purchases) so that you are not relying on the activity of your team. If you are relying on your team members’ activity and none of them do enough in a particular month for you to earn 1,500 VP then you will loose any accumulated commissions. This can happen for a number of reasons, so protect yourself. Make it your personal goal to earn 1,500 VP yourself each month.
7. The cheapest was to do this is to purchase one pack of 100 TCredits each month. This will cost you $29.00 (on Standing Order) and give you 1,200 VP. And you can easily earn the remaining 300 VP from doing the daily, weekly and monthly actions on your “To-Do List”.
8. But also please realize this: - There are “No purchase requirements...ever!” Please refer to reason #2 of the “11 Reasons Why The SFI Comp Plan Rocks.”
No, you can earn a commission each month by marketing SFI products to people. If they just want to purchase the product they will sign up as your Personally Referred Member (PRM), also known as a TC Member, and just purchase whatever products they wish from TripleClicks.
If you sign them up as an AFFILIATE they will be become your Personally Sponsor Affiliate (PSA) and you will earn a Direct Commission from any purchases they make at TripleClicks of 45% of the Commission Value (CV) of the product.
Similarly when any of your Co-Sponsored Affiliates (CSAs) purchase a product from TripleClicks you will receive a Co-Sponsor Commission of 15% of the CV of the product.
9. Let me give you an example. Let’s say you are interested in marketing Eager Zebra (EZ) Games. Your prospects will need to purchase TCredits to play these games. So you should begin to market TCredits to them.
Say a person purchases a pack of 200 TCredits (a TripleClicks Member must buy this quantity to get the special price of $0.29 each). It will cost them $64.00.
And you will earn a direct commission of $9.96 (or $8.86 if on Standing Order). You will receive this about the 11th day of the following month. And you will be able to reinvest this back into SFI or spend it on anything you wish.
You would also have earned 1,661 VersaPoints (VP). This is enough to make you an Executive Affiliate (EA) for the month.
Hence to retain your rank as EA2 every month you only need to sell one pack 200 TCredits each month.
Do you get the idea? You can do this calculation for any product in TripleClicks.
10. My experience. I have been in SFI for over two years and I have received a commission every single month. THE SFI SYSTEM WORKS! Some months it has been very small. When I have only been able to earn about 1,500 VP my commission for the month was as little as $0.66.
11. Briefly, the above is the theory. What do I recommend? I think you are a serious SFI business builder, so I will tell you what I do.
I strive to have the minimum rank of Team Leader each month. These begin at Bronze Team Leader (BTL), which requires that I earn a minimum 3,000 VP each month. (There is also the requirement to have one EA2 in my team.)
I do this because I wish to receive the additional benefits of BTL, which include Matching VP and one share of “Second Home CSAs”.
Hence I earn 3,000 VP each month from my personal activity. Again the easiest and cheapest way to do this is to purchase two packs of 125 TCredits. This will cost you $72.50 and give you 3,000 VP.
This then allows me to concentrate of team building. It also means all the ACTION VP I earn during the month, and the VP and TCredits I win during the month, help me move towards the next rank - Silver Team Leader (STL), which requires 4,000 VP.
Summary: Briefly, the above is the way to start earning money in SFI. But, of course, the “Sky's the limit!” SFI has HUGE potential and if you are serious about building a successful SFI business as quickly as possible then I suggest you invest as much as you can afford each month in SFI.
Your investment will include products you will consume yourself (transfer buying); products for use in SFI, such as TCredits to play games and bid in the auctions etc; products and services from TripleClicks that will assist you to grow your business and train your team, such as e-books, websites, PSAs etc; and a marketing budget. Your marketing budget will depend on what type of marketing you wish to do.
Of course, you will be wise to evaluate the benefits each component of your SFI budget generates and make adjustments accordingly.
Finally, may I just say this; when I had a “bricks and mortar” business (physical office) I was paying in excess of $1,000.00 per month in rent, electricity, telephones, advertising, and other business expenses. So, I am prepared to also invest a similar amount in my SFI business. At the moment I am not working and so can’t do this. So I just invest as much as I can afford to each month. And, of one thing I am certain – what money I can invest in SFI will generate more profit and residual value than if I invested the same amount in a “bricks and mortar” business.
SFI IS MY BUSINESS VEHICLE OF CHOICE!
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