What kinds of investments should a new affiliate plan on making to succeed in SFI?

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5211 votes
Michael Burgess, Aff (United Kingdom) Top Author Forum Guru 6/21/2013 3:08 pm
Affiliate since: 01/13/2006, Power Rank: 99999999 | Read Michael's 101 other Ask SC answers
Hi Kay
In answer to your question the minimum investment an SFI affiliate should make is to commit their TIME to building their business.

Each affiliate has a different idea about how they want to build their business. Some want to build a network of affiliates. They may choose to concentrate on sponsoring new ECAs and Tripleclicks members or a combination of all three (my personal favourite). To do any of these the initial and main investment will be TIME.

It will make
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5204 votes
Juliet Best-Brathwaite, Aff (Barbados) Top Author Forum Guru 6/22/2013 5:27 am
Affiliate since: 04/19/2013, Power Rank: 99999999 | Read Juliet's 7 other Ask SC answers
What we get out is a function of what we put in. Therefore in determining what investment is to be made, the affiliate must know what his/her personal goal is in becoming a team member of SFI.

The best investment for a new affiliate is the investment of time. Time is flexible, convenient, available to everyone and does not need to be supported by cash.

The new affiliate should invest time -
In education: Learning about the business, about marketing techniques, about business
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5199 votes
, () Top Author Forum Guru 6/22/2013 12:40 pm
Affiliate since: 12/31/1969, Power Rank: 99999999
Thank you for your question, Kay!

When starting out, SFI allows us to reach our first EA rank without any financial investment. Therefore...Time is the best investment you can make in your first month. Read all the training literature available then re-read it. Take time to properly digest all you have learned and if you're uncertain of anything...ask your sponsor, up-line or go to the forum.

Maintaining your EA rank is essential to benefit from all that SFI and TripleClicks
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5196 votes
Ashley Nicholls, Aff (United Kingdom) Top Author Forum Guru 6/24/2013 3:22 am
Affiliate since: 05/14/2013, Power Rank: 99999999 | Read Ashley's 58 other Ask SC answers
Standing orders, standing orders and standing orders! They should get the IAHBE membership, The S-Builder and some T-Credit packs. They need to know that getting 1500VP each month is the key to the kingdom and if they don't have that then they're not properly 'in the game'!

Also a modest advertising budget ($20-30 per month) to help them recruit new PSA's will help them. Ive tried local papers which have been good but there are numerous online places to advertise. Try some SOLO ads! Alterantively
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5192 votes
Philip Rees, Aff (United Kingdom) Top Author Forum Guru 6/27/2013 1:48 am
Affiliate since: 11/05/2012, Power Rank: 99999999 | Read Philip's 67 other Ask SC answers
Time costs. If we were paid by an employer we would expect to work hard for our dollars. Why should it be different for us as Executives of our own affiliate business?
Well, it can be if we place a little seed money into it.
The trick (if there is one) is to invest a little wisely.
Knowing what works best for us is a matter of research and testing but most Team Leaders are able to maintain their status each month and thereby earn their Executive Pool bonuses and other bonuses like
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5176 votes
Anna Daley, Aff (Utah, US) Top Author Forum Guru 6/21/2013 3:16 pm
Affiliate since: 02/05/2013, Power Rank: 354 | Read Anna's 40 other Ask SC answers
The main investment a new affiliate or any affiliate needs to make in order to succeed in SFI is time. It takes time to log in daily and review the home page tabs. It takes time to learn we can work with SFI to build our own business as an affiliate. It takes time to learn the skills which can help us build our business. It takes time to advertise and follow up with individuals who respond to the advertisements. It takes time to encourage companies to become ECAs on TripleClicks. It takes time
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5170 votes
, () Top Author Forum Guru 6/22/2013 2:03 am
Affiliate since: 12/31/1969, Power Rank: 99999999
This is a difficult question to answer because some people have a lot of money to invest in their business, while others have none at all. If you have money to invest, I believe the best place to invest it is in building your team and finding TripleClicks customers. Most of your money should be spent on marketing, or participating in marketing co-ops, such as S-Builder.

Regardless of how much money you have to invest in your business, it's critical to invest time. Essential time investments
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5170 votes
, () Top Author Forum Guru 6/26/2013 3:42 am
Affiliate since: 12/31/1969, Power Rank: 99999999
Hi SFI coalegues,

Generally speaking, to succeed in any serious business today, you need to be flexible and have good planning and organizational skills. Many people start a business thinking that they'll turn on their computers or open their doors and start making money - only to find that making money in a business is much more difficult than they thought.

SFI is not different, and requires many great qualities one should posses in order to become successful with it.

You
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5166 votes
Chioma Peters, Aff (Nigeria) Top Author Forum Guru 6/24/2013 4:57 am
Affiliate since: 11/29/2012, Power Rank: 99999999 | Read Chioma's 17 other Ask SC answers
It is very important to point out here that success as an SFI Affiliate has many factors that come to play to make one successful and one vital point is VersaPoint Accumulation, irrespective of whether it is Action VP’s or sales VP’s, it is important to grow your VersaPoint base in order to earn more and advance in Rank as an SFI Affiliate.
For any Affiliate to succeed, I think it is important for them to understand that the only way for way forward is maintaining the compulsory minimal
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5153 votes
Ternenge Torough, Aff (Nigeria) Top Author Forum Guru 6/27/2013 11:49 am
Affiliate since: 04/18/2013, Power Rank: 99999999 | Read Ternenge's 21 other Ask SC answers
First you must create time for SFI. The result or success you get on SFI to a large extent is based on the time you invest on SFI. This time must be apportioned properly to achieve optimum result. SFI has a monthly performance measuring cycle. Spread your time on this basis. Among your plan should include daily logging in.

SFI Basics and Lunchpad are very effective tools of getting you started properly and channelling your efforts to the right direction. Follow them judiciously and they
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