How can I ensure that, when I retire, the SFI business I have spent years building continues to grow and provide income for my beneficiaries?

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7261 votes
Satish Chandra, Aff (India) Top Author Forum Guru 8/27/2014 8:04 am
Affiliate since: 09/03/2013, Power Rank: 99999999 | Read Satish's 8 other Ask SC answers
You should teach and train your beneficiaries to ensure the SFI business continues to grow and provide income when you retire-
1. Treat SFI business like heritage not a gift.
2. They must follow your footsteps.
3. They should understand the importance of business relationship and keep continue to build it as you did.
4. Teach them what your communication style.
5. Train them about your marketing strategy.
6. Tell them where and how to invest.
7. Prepare them about
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7255 votes
DAVID VADZE, Aff (Ghana) Top Author Forum Guru 8/25/2014 10:13 am
Affiliate since: 08/12/2014, Power Rank: 99999999 | Read DAVID's 10 other Ask SC answers
SFI is loaded with lots of opportunities and you can explore them as much as you can and you want.

To ensure that your SFI business continue to bring income when you retire;

1. You need to build an active team. There is huge residual income in building an active team on SFI. You will earn $27.30 on each of your active PSA's if they remain active on SFI for 6 months. You will continue to earn that amount forever if they continue to be active.
On SFI, the real cash is in
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7248 votes
Ronelle Tharp, Aff (Florida, US) Top Author Forum Guru 8/28/2014 10:24 pm
Affiliate since: 10/04/2013, Power Rank: 99999999 | Read Ronelle's 268 other Ask SC answers
I would recommend you begin to teach your spouse about SFI/TripleClicks as soon as you have gotten your business well established.

If your spouse/partner has no interest, look at your children, siblings, cousins.

You might also go to Support's FAQ section, look up the information on willing/transferring your business to another person. You should be able to find out from there what is the best way to handle a transfer.

You are a wise person to be thinking ahead so
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7239 votes
Lureita Worth, Aff (Georgia, US) Top Author Forum Guru 8/23/2014 6:34 am
Affiliate since: 08/16/2013, Power Rank: 99999999 | Read Lureita's 23 other Ask SC answers
The best way to ensure that when you retire, the SFI business you have spent years building continues to grow and provide income for your beneficiaries is to get them invoved with your business. As soon as they are old enough, start teaching them how to do what you do and try to give them an understanding of how it works.

If you have a family member that you have recruited and your heirs are to young right now, ask them to accept the responsibility to teach them when they become of age,
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7229 votes
Gillian Stott, Aff (United Kingdom) Top Author Forum Guru 8/28/2014 6:07 am
Affiliate since: 07/22/2014, Power Rank: 99999999 | Read Gillian's 4 other Ask SC answers
How do I make sure my business survives long term?"

If long term stability is important to you, As far as your network marketing organization is concerned the answer is two fold . . .

1. First, you'll want to make sure in all of your marketing efforts you're attracting the right type of prospects. your focus should be on getting more good leads.

If you spend your time attracting great leads you'll not only have an exceedingly easy time recruiting, but more, those
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7190 votes
, () Top Author Forum Guru 8/22/2014 12:29 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Hi Jaina,
This is a good question and I get that you mean to say, retire from your existing employment other than SFI?
After retirement most people receive pension in my country and do not know about your country. Nevertheless I think there is some sort of compensation plan in existence. SFI Business can be a great second income for everyone who joins.
And it is always wise to save up for the rainy days! Never know what happens in life.

To see your SFI Business continue
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7169 votes
Sanjeev Kumar, Aff (India) Top Author Forum Guru 8/22/2014 8:23 pm
Affiliate since: 07/21/2014, Power Rank: 99999999 | Read Sanjeev's 10 other Ask SC answers
The question you have asked is the questions of almost every activate affiliates of SFI. As the SFI business concept is not only generate current income but also depends upon the concept of leverage and residual income. So the team building is an essential part of success at SFI. Since many years of an affiliate's dedication in this business makes him or her worries that what he or she has invested in terms of money and time to establish a business which has become fruitful after a long period. The
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7165 votes
Sean Supplee, Aff (Florida, US) Top Author Forum Guru 8/26/2014 4:59 pm
Affiliate since: 08/02/2014, Power Rank: 317 | Read Sean's 5 other Ask SC answers
To be honest the same things you should be doing every day already. Completing your daily to do lists to the max whenever possible and continuing to sponsor and hold your team ranking.

Of course on top of that would be to train others and give them a blueprint to follow one you have found to be successful in getting your downline active and understanding how SFI program works. By passing this information on your giving your downline the power to push your own business to the next level
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7158 votes
, () Top Author Forum Guru 8/29/2014 12:56 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
To make sure that your SFI business exists after and when you retire, you need to make a good foundation.

What does that mean?

- First of all you need to reach the team leader rank, and thus participate in the sharing of income.

- You should have a good, stable and well-coordinated team to support this, preferably also with a lot of members in Team Leader ranks.

- You need to prepare and train the person who shall maintain your account at a satisfactory
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7157 votes
Williams Ford, Aff (Georgia, US) Top Author Forum Guru 8/21/2014 3:58 pm
Affiliate since: 07/02/2024, Power Rank: 99999999 | Read Williams's 638 other Ask SC answers
Excellent question and one worth commenting on. While SFI/TripleClicks has been build on a rock solid commissions structure and infrastructure things do change. Regulation is one of the biggest determinants as to the longevity of any enterprise. Companies are always advising their lobbyists of there concerns. Network marketing is no different. There are some very big network marketing companies and organizations that are working everyday to ensure the future of our industry. You can do some
...more
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